Cheap Apartments for Rent in the Lake Cove Village Neighborhood of Inver Grove Heights, MN from $800 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Cove Village area of Inver Grove Heights.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Covington Court
1 to 2 Bedroom Apartments

Covington Court

364 E Marie AveWest St. Paul, MN 55118
  • Utilities Included
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205 Wentworth
1 to 2 Bedroom Apartments

205 Wentworth

205 Wentworth Ave WWest St. Paul, MN 55118
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136 11th Ave N
2 Bedroom Apartments

136 11th Ave N

136 11th Ave NSouth St. Paul, MN 55075
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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The Drover
1 to 2 Bedroom Apartments

The Drover

161 Concord ExchangeSouth St. Paul, MN 55075
  • Utilities Included
Showing Results 1-29, Page 1 of 1

Lake Cove Village, Inver Grove Heights, MN Local Guide

Cheapest Available Lake Cove Village Apartments for Rent

 

The cheapest available apartment rental in the Lake Cove Village area of Minneapolis, MN is a Studio unit found at Holiday Acres Apartments priced from $1,000. Westview Park Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,005. Here are the most affordable Lake Cove Village apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Holiday Acres ApartmentsStudio 399Studio,1BA$1,000
Westview Park CommunityWestview Gardens - 1br1BR,1BA$1,005
Covington CourtOne Bedroom 11B1BR,1BA$1,050
Lake Cove Village1BR/1BA1BR,1BA$1,129
Oakdale ApartmentsMaple1BR,1BA$1,130
Clark Place Apartments-Affordable Housing2 bed/1 bath2BR,1BA$1,200
Eagle PointeStudioStudio,1BA$1,220
Savor ApartmentsCalm1BR,1BA$1,226
Rooftop 252StudioStudio,1BA$1,230
PEARLWOOD ESTATESSpacious living + master walk-in closet2BR,1BA$1,340

Best Value Apartments for Rent in Lake Cove Village, MN

As of May 17, 2025 the best value apartment in the Lake Cove Village area is the $1.37 price per square foot 2B/2B Model at The Mendota-2050 in the in the Cahill Corridor neighborhood starting from $1,675. The second greatest value Lake Cove Village apartment is the 2B/2B Model at Stoneridge Apts-2060 starting at $1,650 with a $1.39 price per square foot in the Cahill Corridor neighborhood. Here is today’s list of the best values for Lake Cove Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Mendota-20502B/2B2BR,2BA$1.37
Stoneridge Apts-20602B/2B2BR,2BA$1.39
Greystone HeightsMilford - Platinum3BR,2BA$1.81
Chateau CarmelBurgundy2BR,1BA$1.48
Avana SouthviewB4GR2BR,1BA$1.63
PEARLWOOD ESTATESSpacious kitchen & walk-in closet2BR,2BA$1.45
Lake Cove Village2BR/1.5BA2BR,1.5BA$1.66
Clark Place Apartments-Affordable Housing2 bed/1 bath2BR,1BA$1.45
Westview Park CommunityWestview Gardens - 1br1BR,1BA$1.46
Oakdale ApartmentsMaple1BR,1BA$1.64

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lake Cove Village, Inver Grove Heights, MN

Ranked #3

Among neighborhoods in Inver Grove Heights, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States including Lake Cove Village, Inver Grove Heights, and the greater Minneapolis-St. Paul area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and proximity to parks, places to raise kids, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.

Getting Around the Lake Cove Village Neighborhood in Inver Grove Heights, MN

Walk Score®

15 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

21 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lake Cove Village Apartments

What is a cheap apartment in Lake Cove Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Cove Village is under $1,340.

What is the price of a cheap apartment in Lake Cove Village?

The cheapest apartment in Lake Cove Village is Westview Park Community which is listed at $1,005, while the average apartment in Lake Cove Village costs $2,080.

What types of apartments are the cheapest in Lake Cove Village?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 14 regular apartments in Lake Cove Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lake Cove Village?

Cheap apartments in Lake Cove Village have an average cost of $165 which is $1,915 cheaper than the average rent for all rentals in Lake Cove Village.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.