Cheap Homes for Rent in Wood Lake, MN from $700 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in Wood Lake.

property at 316 S 3rd St

$730

Total Monthly Price

Total Monthly Price

Base Rent
$730

Total Monthly Price
$730

1 Bedroom, 1 Bath Townhome for Rent

Available Now

316 S 3rd St

MilanMN56262
property at 318 S 3rd St

$730

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$730

Total Monthly Price
$730

1 Bedroom, 1 Bath Townhome for Rent

Available Now

318 S 3rd St

MilanMN56262
property at 626 4th St SE

$795

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

2 Bedroom, 1 Bath Home for Rent

Available Jun 15

626 4th St SE, Unit #1 - Lower

626 4th St SE
WillmarMN56201
property at 512 Maple Ln

$848

Total Monthly Price

Total Monthly Price

Base Rent
$848

Total Monthly Price
$848

1 Bedroom, 1 Bath Townhome for Rent

Available Now

512 Maple Ln

Grove CityMN56243
property at 311 5th St S

$848

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$848

Total Monthly Price
$848

1 Bedroom, 1 Bath Townhome for Rent

Available Now

311 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.

property at 301 S Park Ave

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

3 Bedroom, 1 Bath Home for Rent

Available Now

301 S Park Ave

SpringfieldMN56087
property at 1100 Elizabeth Ave SE

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

1100 Elizabeth Ave SE

WillmarMN56201
property at 1106 Becker Ave SW

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 4 Bath Home for Rent

Available Now

1106 Becker Ave SW

WillmarMN56201
property at 710 18th St S

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

710 18th St S

BensonMN56215
property at 712 3rd St SW

$1,180

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,180

Total Monthly Price
$1,180

2 Bedroom, 1 Bath Home for Rent

Available Now

712 3rd St SW

WillmarMN56201

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.

property at 708 18th St S

$1,200 - $1,700

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $1,700

Total Monthly Price
$1,200 - $1,700

2 To 3 Bedroom Homes for Rent

Available Jun 1

708 18th St S

BensonMN56215

Wood Lake, MN Local Guide

Cheapest Available Wood Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wood Lake, MN is a 1 Bed unit found at 512 Vernon Ave priced from $595. Wildwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $715. Here is today’s list of the most affordable Wood Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
512 Vernon AveOne Bedroom1BR,1BA$595
Wildwood Apartments1BR/1.0BA1BR,1BA$715
Bethel On BryantRenville - 1/11BR,1BA$745
Suite Liv'N - WillmarStudio 1 BathStudio,1BA$745
1212 Heckman CtStudioStudio,1BA$750

Best Value Apartments for Rent in Wood Lake, MN and Nearby

As of May 31, 2026 the best value apartment in the Wood Lake area is the $1.20 price per square foot Three Bedroom A - By The Lake Model at Somerset Properties in the starting from $1,350. The second greatest value Wood Lake apartment is the 2 Beds, 1 bath Model at Parkview Apartments starting at $815 with a $0.80 price per square foot . Here is today’s list of the best values for Wood Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Somerset PropertiesThree Bedroom A - By The Lake3BR,2BA$1.20
Parkview Apartments2 Beds, 1 bath2BR,1BA$0.80
1212 Heckman CtStudioStudio ,1BA$0.83
Red Skye Lofts2 Bedroom2BR,1BA$1.12
Downtown Estates1 Bed, 1 bath1BR,1BA$0.99
512 Vernon AveTwo Bedroom2BR,1BA$0.87
Bethel On BryantRenville - 1/11BR,1BA$0.96
Block 100One Bedroom1BR,1BA$1.43
505 15th Ave SW2 bed 1 bath2BR,1BA$1.39
Wildwood Apartments2BR/1.0BA2BR,1BA$1.44

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
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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.

Read Article
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Quick 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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Wood Lake, MN Rentals by Map

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Frequently Asked Questions about Wood Lake

What type of rentals are currently available in Wood Lake?

There are currently 67 Apartments for Rent in Wood Lake, MN with pricing that ranges from $595 to $2,080. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wood Lake ranging from $730 to $4,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wood Lake ranges from $730 to $4,000 with an average monthly rent of $2,016.

How much are larger Three and Four Bedroom Rentals in Wood Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wood Lake range from $1,150 to $1,960, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $1,350.

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 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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.