255 6th Ave NE
HutchinsonMN55350
Cheap Homes for Rent in Silver Lake, MN from $1,100 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Silver Lake.
604 White St SW
WatertownMN55388
60 Birch Ave S
Maple LakeMN55358
235 Echo Cir SE
HutchinsonMN55350
56 E 13th St
WaconiaMN55387
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.
216 Birch Ave S
Maple LakeMN55358
64 E 13th St
WaconiaMN55387
8627 Woodlawn Dr
RockfordMN55373
1411 2nd Ave S
BuffaloMN55313
4407 Wilshire Blvd
MoundMN55364
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.
Showing Results 1-10, 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 | $1,683 | $1,100 | $2,900 |
| Silver Lake 3 Bedroom Homes for Rent | $4,287 | $2,195 | $10,000+ |
| Silver Lake 4 Bedroom Homes for Rent | $2,699 | $2,350 | $3,249 |
| Silver Lake 5 Bedroom Homes for Rent | $3,858 | $2,550 | $5,995 |
| Silver Lake 6 Bedroom Homes for Rent | $9,247 | $3,500 | $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
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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 1 Bed unit found at Parkview Apartments priced from $792. 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 |
|---|---|---|---|
| Parkview Apartments | 1 Bed, 1 bath | 1BR,1BA | $792 |
| 907 Dale St Apartments | 1 Bedroom | 1BR,1BA | $800 |
| Town Edge Estates | 2 Beds, 1 bath | 2BR,1BA | $908 |
Best Value Apartments for Rent in Silver Lake, MN and Nearby
As of April 26, 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 3 Bed 1 Bath Upper Level Classic Model at Ward Rentals in Hutchinson starting at $1,619 with a $1.40 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 | 3 Bed 1 Bath Upper Level Classic | 3BR,1BA | $1.40 |
| Highfield Apartments | 2 BR 1 BA 3 Story | 2BR,1BA | $1.38 |
| Evergreen Square Apartments | 2 bedroom 1 bath | 2BR,1BA | $1.30 |
| Regency Apartments | 2 beds 1 bath | 2BR,1BA | $1.39 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Cedar Acres Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.27 |
| Young America Apartments | 2 bedrooms | 2BR,1BA | $1.41 |
| Town Edge Estates | 2 Beds, 1 bath | 2BR,1BA | $1.35 |
| 907 Dale St Apartments | 1 Bedroom | 1BR,1BA | $1.23 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe 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.
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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 $3,473. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $1,100 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 $1,100 to $14,995 with an average monthly rent of $4,354.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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.