Cheap Homes for Rent in Lilly Lake Neighborhood of St. Paul, MN from $1,700 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lilly Lake area of St. Paul.

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.

property at 1049 Gorman Ave

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

1049 Gorman Ave

St. PaulMN55118
property at 65 George St E

$1,800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 1 Bath Home for Rent

Available Now

65 George St E

St. PaulMN55107

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Lilly Lake, St. Paul, MN Local Guide

Cheapest Available Lilly Lake Apartments for Rent

 

The cheapest available apartment rental in the Lilly Lake area of Minneapolis, MN is a 1 Bed unit found at Colonial Court Apartments priced from $915. George & Stevens Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Lilly Lake apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Colonial Court Apartments1 Bedroom B1BR,1BA$915
George & Stevens ApartmentsStudioStudio,1BA$925
The Concord1 Bedroom A21BR,1BA$1,068

Best Value Apartments for Rent in Lilly Lake, MN

As of June 29, 2026 the best value apartment in the Lilly Lake area is the $1.32 price per square foot 2BR/2BA Model at The Ridge in the in the Moreland neighborhood starting from $1,550. The second greatest value Lilly Lake apartment is the Two Bedroom - B Model at Legacy Commons at Signal Hills 55+ Apartments starting at $1,441 with a $1.37 price per square foot in the Moreland neighborhood. Here is today’s list of the best values for Lilly Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Ridge2BR/2BA2BR,2BA$1.32
Legacy Commons at Signal Hills 55+ ApartmentsTwo Bedroom - B2BR,2BA$1.37
Hilltop at Signal HillsTwo Bedroom - A2BR,2BA$1.58
Kaposia Valley Apartments2 Bedroom C2BR,2BA$1.53
White Oaks Apartments2 Bedrooms2BR,1BA$1.50
Oaks of West Saint PaulThe Grove - Fully Renovated2BR,1BA$1.59
756 Hall Avenue Apartments2/12BR,1BA$1.31
Charlton PlaceRenovated 2 Bedroom 1 Bath2BR,1BA$1.54
Trinoja136 11th Avenue north south saint paul mn 5501BR,1BA$1.57
Imperial Heights Apartments1 Bedroom Updated1BR,1BA$1.67

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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Quick Rent Budget Calculator

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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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Frequently Asked Questions about Lilly Lake

What type of rentals are currently available in Lilly Lake?

There are currently 76 Apartments for Rent in Lilly Lake, MN with pricing that ranges from $824 to $1,774. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lilly Lake ranging from $1,700 to $2,600.

What is the current price range for Rental Homes in Lilly Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lilly Lake ranges from $1,700 to $2,600 with an average monthly rent of $2,116.

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.

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