Cheap Apartments for Rent in Spirit Lake, IA from $400 (71 Rentals)

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Search the lowest-cost Apartments available for rent right now in Spirit Lake.

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Antlers Apartments
1 to 2 Bedroom Apartments

Antlers Apartments

1703 Hill AveSpirit Lake, IA 51360
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Lakewood Court
2 to 3 Bedroom Apartments

Lakewood Court

607 15th StSpirit Lake, IA 51360
  • Utilities Included

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.

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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.

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property at 114 S Main St

$850

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

3 Bedroom, 2 Bath Home for Rent

Available Now

114 S Main St

SherburnMN56171
property at 810 E 2nd St

$850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

810 E 2nd St

Blue EarthMN56013
property at 416 E 4th St

$860

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$860
Total Monthly Price
$860

2 Bedroom, 1 Bath Townhome for Rent

Available Now

416 E 4th St

FairmontMN56031
property at 404 W 1st St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875
Total Monthly Price
$875

1 Bedroom, 1 Bath Home for Rent

Available Jul 1

404 W 1st St

Lake ParkIA51347

Cash 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.

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property at 109 S Locust St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

109 S Locust St

MarcusIA51035
property at 924 E 1st St

$950

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

924 E 1st St

FairmontMN56031
property at 410 E 1st St S

$950

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

3 Bedroom, 2 Bath Home for Rent

Available Now

410 E 1st St S

TrumanMN56088
property at 601 W 2ND ST

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

601 W 2ND ST, Unit A

601 W 2ND ST
AltaIA51002
property at 317 S Cherokee St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

2 Bedroom, 1 Bath Home for Rent

Available Now

317 S Cherokee St

AltaIA51002

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.

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Hoover Estates
$1,065
Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Required Monthly Fees
$15
Total Monthly Price
$1,065
2 Bedroom Apartments Available Now

Hoover Estates

1866 Lee BlvdNorth Mankato, MN 56003
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property at 527 Marie Ln

$1,600

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

3 Bedroom, 1 Bath Townhome for Rent

Available Now

527 Marie Ln, Unit Bed 2

527 Marie Ln
North MankatoMN56003
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Willow Creek Place
1 Bedroom Apartments

Willow Creek Place

620 14th Ave NELe Mars, IA 51031
Senior Living
  • Utilities Included
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Country Side
1 to 3 Bedroom Apartments

Country Side

117 E Walnut StBurt, IA 50522
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Stately Manor Apartments
1 to 2 Bedroom Apartments

Stately Manor Apartments

1525-1535 Darling DrWorthington, MN 56187
  • Utilities Included
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Dodecagon Plaza
1 to 2 Bedroom Apartments

Dodecagon Plaza

1212 S Grand AveSpencer, IA 51301
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Spirit Lake, IA Local Guide

Cheapest Available Spirit Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Spirit Lake, IA is a 1 Bed unit found at Country Side priced from $425. Rolfe 20-Unit has the second lowest priced unit, which is a 1 Bed apartment currently listed from $495. Here is today’s list of the most affordable Spirit Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Country Side1 Bedroom1BR,1BA$425
Rolfe 20-Unit1 Bedroom1BR,1BA$495
501 W 1st St S2 BED/1 BATH2BR,1BA$600
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$701
Eytcheson Estates Welcome1 Bedroom2BR,1BA$701
Sunshine Apartments1 Bedroom and 1 bathroom1BR,1BA$725
1212 Heckman CtStudioStudio,1BA$750
Tallgrass VillageStudio ApartmentStudio,1BA$765
Seneca Place Apartments1 Bedroom1BR,1BA$775
Nobles Square Apartments1 Bedroom1BR,1BA$785

Best Value Apartments for Rent in Spirit Lake, IA and Nearby

As of June 18, 2026 the best value apartment in the Spirit Lake area is the $0.79 price per square foot Three Bedroom Model at Eagle Ridge Townhomes in the starting from $1,065. The second greatest value Spirit Lake apartment is the 2 Bedroom - Upper Level Model at Windom Landing starting at $975 with a $0.84 price per square foot . Here is today’s list of the best values for Spirit Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Ridge TownhomesThree Bedroom3BR,1.5BA$0.79
Windom Landing2 Bedroom - Upper Level2BR,2BA$0.84
Parkview Apartments2 Beds, 1 bath2BR,1BA$0.80
1212 Heckman CtStudioStudio ,1BA$0.83
Trimont Square Apartments1 Bed, 1 bath1BR,1BA$1.04
Fair View by KadingCottage - 22BR,1BA$1.00
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Eytcheson Estates Welcome1 Bedroom2BR,1BA$0.93
501 W 1st St S1 BED/1 BATH1BR,1BA$0.84
Rolfe 20-Unit2 Bedroom2BR,1BA$0.97

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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Spirit Lake Apartments

What is the Cheapest Studio apartment in Spirit Lake?

Currently the most affordable Cheap Studio Apartment in Spirit Lake is at 1212 Heckman Ct listed at $750.

How much is rent for a Cheap One Bedroom Spirit Lake Apartment?

The lowest price for a Cheap One Bedroom Spirit Lake Apartment is $425 at Country Side.

What is the lowest price for a Cheap Two Bedroom Spirit Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Spirit Lake is starting from $595 at Rolfe 20-Unit.

What is the most affordable Spirit Lake Three Bedroom Apartment?

The best deal on a cheap Spirit Lake Three Bedroom Apartment rental is at Eagle Ridge Townhomes and starts from $1,065.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.