Apartments for Rent in the Schmidt Lake Neighborhood of Inver Grove Heights, MN (122 Rentals)

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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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5721 Brent Ave
3 Bedroom Apartments

5721 Brent Ave

5721-5733 Brent AveInver Grove Heights, MN 55076
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4815 Babcock Trl E
Studio Apartments

4815 Babcock Trl E

4815 Babcock Trl EInver Grove Heights, MN 55077
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4850 Babcock Trl
Studio Apartments

4850 Babcock Trl

4850 Babcock TrlInver Grove Heights, MN 55077
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Babcock Crossing
1 to 3 Bedroom Apartments

Babcock Crossing

2021 Upper 55th StInver Grove Heights, MN 55077
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52nd St E
Studio Apartments

52nd St E

52nd St EInver Grove Heights, MN 55076
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Cahill Place Apartments
2 Bedroom Apartments

Cahill Place Apartments

6020 Cahill AveInver Grove Heights, MN 55076
  • Utilities Included

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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Carmen Court
Studio Apartments

Carmen Court

5825 Carmen AveInver Grove Heights, MN 55076
Senior Living
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Timber Hills
1 to 3 Bedroom Apartments

Timber Hills

6307 Burnham CirInver Grove Heights, MN 55076
Senior Living
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Prairie Estates Townhomes
2 to 4 Bedroom Apartments

Prairie Estates Townhomes

6153 Carmen AveInver Grove Heights, MN 55076
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Buckley Place
Studio Apartments

Buckley Place

6601 Buckley CirInver Grove Heights, MN 55076
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Bridgewood Apartments
1 to 2 Bedroom Apartments

Bridgewood Apartments

3120-3122 65th St EInver Grove Heights, MN 55076
  • 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.

How a Move-In Inspection Can Protect Your Security Deposit

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Schmidt Lake, Inver Grove Heights, MN Local Guide

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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States including Schmidt Lake, Inver Grove Heights, and the greater Minneapolis-St. Paul area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Family-Friendly Rating

Do you have younger kids? Amongst all of the neighborhoods in Inver Grove Heights, this neighborhood is one of our preferred submarkets for families, with a score of 4.0 out of 4. Family Friendly ratings are based on community features and environments that help parents and children to thrive. These features include things like green spaces, pet amenities, playgrounds, recreation and A/V rooms, trails, and access to the finest learning and education resources.

Outdoors Rating

For some, access to parks and green spaces is critically important. This residential area is a highly-rated submarket for access to the outdoors, with a score of 4.0 out of 4.

Luxury Living Rating

Schmidt Lake is now ranked as one of the finest upscale communities in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like shared social spaces, lounges, pools, on-site concierge services, views, access to parks, and amenities like granite countertops, range hoods, and high-end appliances. Other luxury items often include wood-burning fireplaces, raquetball courts, and for some communities, even a doorman to greet residents.

Pet Friendly Rating

Are there pets in your life? this area has risen to be one of our favorite neighborhoods for dog and cat owners, with a score of 4.0 out of 4.

Getting Around the Schmidt Lake Neighborhood in Inver Grove Heights, MN

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

21 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Schmidt Lake

How much are Studio apartments in Schmidt Lake?

There are currently 11 Studio Apartments in Schmidt Lake with rent ranges from $1,000 to $1,479 with an average price of $1,282.

What is the current price range for One Bedroom Schmidt Lake Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Schmidt Lake ranges from $900 to $5,999 with an average monthly rent of $1,432.

What does renting a Two Bedroom Apartment in Schmidt Lake cost?

The monthly rent prices of Two Bedroom Apartments currently available in Schmidt Lake range from $1,200 to $7,263. Today's average rental price for Two Bedrooms here is $1,751.

How expensive are Schmidt Lake Three Bedroom Apartments?

There are currently 17 Three Bedroom Apartments listings available in Schmidt Lake on ApartmentHomeLiving.com. The pricing ranges from $1,650 to $2,850 - averaging $2,078 for the location.

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.

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

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.