512 Maple Ln
Grove CityMN56243
Cheap Homes for Rent near Silver Lake, MN from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Silver Lake.
313 5th St S
Grove CityMN56243
604 White St SW
WatertownMN55388
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
619 S Armstrong Ave
LitchfieldMN55355
602 E 1st St
WaconiaMN55387
8551 Elm St
RockfordMN55373
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
4040 North Shore Dr W
MinnetristaMN55364
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Silver Lake, MN Local Guide
Pine Tree by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent a home in Silver Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Silver Lake 2 Bedroom Homes for Rent | $1,676 | $1,150 | $2,395 |
| Silver Lake 3 Bedroom Homes for Rent | $2,981 | $1,675 | $7,500 |
| Silver Lake 4 Bedroom Homes for Rent | $3,353 | $1,950 | $7,000 |
| Silver Lake 5 Bedroom Homes for Rent | $7,940 | $2,945 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Silver Lake, MN Local Guide
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Cheapest Available Silver Lake Apartments for Rent and Nearby
The cheapest available apartment rental in Silver Lake, MN is a 2 Beds unit found at Howard Lake Apartments in the Wright Far Western Suburbs neighborhood priced from $795. Midway Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Silver Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Howard Lake Apartments | 2 Bed | 2BR,1BA | $795 |
| Midway Apartments | 1 Bed, 1 bath | 1BR,1BA | $825 |
| Cedar Acres Apartments | 1 Bed, 1 bath | 1BR,1BA | $875 |
Best Value Apartments for Rent in Silver Lake, MN and Nearby
As of July 26, 2026 the best value apartment in the Silver Lake area is the $1.40 price per square foot 3 Bed 1 Bath Upper Level Classic Model at Ward Rentals in Hutchinson in the in the Downtown Hutchinson neighborhood starting from $1,619. The second greatest value Silver Lake apartment is the 2 bedroom 2 bath Model at Evergreen Square Apartments starting at $1,369 with a $1.38 price per square foot in the Willow Glen Carriage neighborhood. Here is today’s list of the best values for Silver Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ward Rentals in Hutchinson | 3 Bed 1 Bath Upper Level Classic | 3BR,1BA | $1.40 |
| Evergreen Square Apartments | 2 bedroom 2 bath | 2BR,2BA | $1.38 |
| Cottages of Annandale - 55+ Community | 2B1B | 2BR,1BA | $1.35 |
| Riverwalk Apartments | 2 bedroom remodel | 2BR,1BA | $1.44 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| 907 Dale St Apartments | 2 Bedroom | 2BR,1.5BA | $1.06 |
| Howard Lake Apartments | 2 Bed | 2BR,1BA | $0.95 |
| Town's Edge Estates | 2 Bedroom/2 Bath S | 2BR,1BA | $1.18 |
| Cedar Acres Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.17 |
| Country Club Manor | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.50 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Frequently Asked Questions about Silver Lake
What type of rentals are currently available in Silver Lake?
There are currently 73 Apartments for Rent in Silver Lake, MN with pricing that ranges from $675 to $3,890. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $848 to $17,000.
What is the current price range for Rental Homes in Silver Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Silver Lake ranges from $848 to $17,000 with an average monthly rent of $3,416.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.