551 Milky Way St S
CosmosMN56228
Cheap Homes for Rent in Silver Lake, MN from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Silver Lake.
250 Douglas Ave E
HectorMN55342
255 6th Ave NE
HutchinsonMN55350
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
4407 Wilshire Blvd
MoundMN55364
157 Mindy Ln
MontroseMN55363
4474 Denbigh Rd
MoundMN55364
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Showing Results 1-6, Page 1 of 1
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 | $1,262 | $850 | $1,750 |
| Silver Lake 3 Bedroom Homes for Rent | $3,285 | $1,495 | $8,000 |
| Silver Lake 4 Bedroom Homes for Rent | $3,405 | $1,650 | $8,700 |
| Silver Lake 6 Bedroom Homes for Rent | $3,750 | $3,750 | $3,750 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Silver Lake
Explore Silver Lake
Silver Lake, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Silver Lake Apartments for Rent and Nearby
The cheapest available apartment rental in Silver Lake, MN is a 1 Bed unit found at Howard Lake Apartments in the Wright Far Western Suburbs neighborhood priced from $675. 907 Dale St Apartments in the Downtown Hutchinson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. 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 | 1 Bed Subsidized units | 1BR,1BA | $675 |
| 907 Dale St Apartments | 1 Bedroom | 1BR,1BA | $800 |
| Country Club Manor | 1 Bedroom 1 Bathroom | 1BR,1BA | $930 |
Best Value Apartments for Rent in Silver Lake, MN and Nearby
As of January 25, 2026 the best value apartment in the Silver Lake area is the $1.40 price per square foot 2 Bed Model at 821 7th Ave NW in the starting from $1,750. The second greatest value Silver Lake apartment is the 1/2 off Special! 2 Bed UpperLevel Model at Ward Rentals in Hutchinson starting at $1,703 with a $1.38 price per square foot in the Downtown Hutchinson 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. |
|---|---|---|---|
| 821 7th Ave NW | 2 Bed | 2BR,2BA | $1.40 |
| Ward Rentals in Hutchinson | 1/2 off Special! 2 Bed UpperLevel | 2BR,2BA | $1.38 |
| Bayview Apartments | 2BR | 2BR,2BA | $1.45 |
| Wolverine Meadows | 2 Bedroom 2 Bath | 2BR,2BA | $1.44 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Highfield Apartments | 2 BR 1 BA 2 Story | 2BR,1BA | $1.33 |
| Cedar Acres Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.27 |
| 907 Dale St Apartments | 1 Bedroom | 1BR,1BA | $1.23 |
| Country Club Manor | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.50 |
| Howard Lake Apartments | 1 Bed Subsidized units | 1BR,1BA | $1.40 |
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
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Silver Lake area?
If you’re an expert on all things Silver Lake, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Silver Lake, MN Rentals by Map
See the most popular apartments and homes in Silver Lake, MN
Frequently Asked Questions about Silver Lake
What type of rentals are currently available in Silver Lake?
There are currently 66 Apartments for Rent in Silver Lake, MN with pricing that ranges from $675 to $3,615. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $850 to $8,700.
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 $850 to $8,700 with an average monthly rent of $2,600.
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
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.