512 Maple Ln
Grove CityMN56243
Cheap Homes for Rent in Silver Lake, MN from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Silver Lake.
313 5th St S
Grove CityMN56243
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
8330 Cedar St
RockfordMN55373
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.
604 White St SW
WatertownMN55388
Showing Results 1-5, 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 | $1,732 | $900 | $2,900 |
| Silver Lake 3 Bedroom Homes for Rent | $4,086 | $1,495 | $10,000+ |
| Silver Lake 4 Bedroom Homes for Rent | $3,205 | $2,750 | $3,795 |
| Silver Lake 5 Bedroom Homes for Rent | $4,565 | $3,500 | $5,695 |
| Silver Lake 6 Bedroom Homes for Rent | $14,995 | $10,000 | $10,000+ |
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 Cedar Acres Apartments in the Downtown Hutchinson neighborhood priced from $875. 907 Dale St Apartments in the Downtown Hutchinson neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here is today’s list of the most affordable Silver Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedar Acres Apartments | 1 Bed, 1 bath | 1BR,1BA | $875 |
| 907 Dale St Apartments | 2 Bedroom | 2BR,1BA | $900 |
| Country Club Manor | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,035 |
Best Value Apartments for Rent in Silver Lake, MN and Nearby
As of June 11, 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 Bathroom Model at Pintail Ponds Apartment Homes starting at $1,600 with a $1.52 price per square foot in the Clemens Munsinger Gardens 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 |
| Pintail Ponds Apartment Homes | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.52 |
| Evergreen Square Apartments | 2 bedroom 1 bath | 2BR,1BA | $1.41 |
| Wolverine Meadows | 2 Bedroom 2 Bath | 2BR,2BA | $1.44 |
| Regency Apartments | 2 beds 1 bath | 2BR,1BA | $1.39 |
| 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 |
| Country Club Manor | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
| Cedar Acres Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.17 |
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.
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 70 Apartments for Rent in Silver Lake, MN with pricing that ranges from $675 to $3,469. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $848 to $14,995.
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 $14,995 with an average monthly rent of $4,905.
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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.