551 Milky Way St S
CosmosMN56228
Cheap Homes for Rent in Silver Lake, MN from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Silver Lake.
8330 Cedar St
RockfordMN55373
255 6th Ave NE
HutchinsonMN55350
910 E 2nd St
LitchfieldMN55355
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.
157 Mindy Ln
MontroseMN55363
438 Lake Trail
WinstedMN55395
409 2nd Ave NW
BuffaloMN55313
416 S Olive St
WaconiaMN55387
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.
401 7th Ave S
BuffaloMN55313
Showing Results 1-9, 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 | $1,278 | $850 | $1,750 |
| Silver Lake 3 Bedroom Homes for Rent | $2,871 | $1,789 | $8,000 |
| Silver Lake 4 Bedroom Homes for Rent | $4,713 | $2,400 | $10,000+ |
| Silver Lake 5 Bedroom Homes for Rent | $5,900 | $5,800 | $6,000 |
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
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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 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 |
| Mansard Apartments | Two Bedroom and 1 Bath | 2BR,1BA | $900 |
Best Value Apartments for Rent in Silver Lake, MN and Nearby
As of December 19, 2025 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 Upper Level Split Model at Ward Rentals in Hutchinson starting at $1,675 with a $1.47 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 Upper Level Split | 2BR,2BA | $1.47 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.25 |
| Wolverine Meadows | 2 Bedroom 2 Bath | 2BR,2BA | $1.44 |
| Bayview Apartments | 1BR | 1BR,1BA | $1.39 |
| Mansard Apartments | Two Bedroom and 1 Bath | 2BR,1BA | $1.06 |
| Parkview Terrace | Interior, Remodeled | 2BR,1BA | $1.40 |
| Country Club Manor | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
| 907 Dale St Apartments | 1 Bedroom | 1BR,1BA | $1.23 |
| 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.
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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 63 Apartments for Rent in Silver Lake, MN with pricing that ranges from $495 to $3,622. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $850 to $15,000.
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 $850 to $15,000 with an average monthly rent of $3,690.
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
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.