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from $9252 Bedroom Apartment Available Feb 9, 2026
1007 W Dwelle St, Unit 1
1007 W Dwelle StLake City, MN 55041
Cheap Apartments for Rent in Lake City, MN from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake City.
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from $8801 to 3 Bedroom Apartments Available Now
The Gates of Rochester
2015 41st St NWRochester, MN 55901
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from $9001 to 3 Bedroom Apartments Available Now
Olympik Village Apartments
402 31st StRochester, MN 55906
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Rent Specials
from $925Studio to 2 Bedroom Apartments Available Now
Park Place Plaza
520 Tyler Rd SRed Wing, MN 55066
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from $9551 to 3 Bedroom Apartments Available Apr 14
Winchester Apartments & Townhomes
3908 19th Ave NWRochester, MN 55901
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from $9991 to 3 Bedroom Apartments Contact Us For Availability
Rochester Heights
1515 41st St NWRochester, MN 55901
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from $1,030Studio to 2 Bedroom Apartments Available Now
Park Place Apartments
540 Tyler Rd SRed Wing, MN 55066
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Showing Results 1-15, Page 1 of 1
Lake City, MN Local Guide
Train by the river by Jerry Huddleston is licensed under CC BY 2.0
How much does it cost to rent an apartment in Lake City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake City Studio Apartments | $1,316 | $925 | $1,725 |
| Lake City 1 Bedroom Apartments | $1,641 | $535 | $2,610 |
| Lake City 2 Bedroom Apartments | $1,992 | $603 | $2,860 |
| Lake City 3 Bedroom Apartments | $1,799 | $859 | $3,305 |
Browse Top Apartments in Lake City
See all Apartments in Lake CityExplore Lake City
Lake City, MN Local Guide
- Nearby Cities
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Cheapest Available Lake City Apartments for Rent and Nearby
The cheapest available apartment rental in Lake City, MN is a 1 Bed unit found at River's Edge priced from $550. Great River has the second lowest priced unit, which is a 2 Beds apartment currently listed from $603. Here is today’s list of the most affordable Lake City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River's Edge | One Bedroom | 1BR,1BA | $550 |
| Great River | 2 Bed, 1 Bath | 2BR,1BA | $603 |
| The Gates of Rochester | Carlyle | 1BR,1BA | $880 |
| Olympik Village Apartments | Zeus | 1BR,1BA | $900 |
| Park Place Plaza | A2 | Studio,1BA | $925 |
Best Value Apartments for Rent in Lake City, MN and Nearby
As of February 18, 2025 the best value apartment in the Lake City area is the $1.18 price per square foot Three Bedroom Model at Harvestview Apartments in the in the North Rochester neighborhood starting from $1,695. The second greatest value Lake City apartment is the 3 Bedroom Model at Georgetowne Homes starting at $1,600 with a $1.18 price per square foot in the North Rochester neighborhood. Here is today’s list of the best values for Lake City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Harvestview Apartments | Three Bedroom | 3BR,2BA | $1.18 |
| Georgetowne Homes | 3 Bedroom | 3BR,2BA | $1.18 |
| Oakwood Meadows | Oakwood Meadows Bungalow SW 2022 | 3BR,2BA | $1.21 |
| River Glen | 2 Bedroom | 2BR,2BA | $1.29 |
| Dakota Townhomes | Two Bedroom | 2BR,1BA | $1.34 |
| Essex Place | One Bedroom - Finch | 1BR,1BA | $1.36 |
| Crossing Meadows | 60/1 | 1BR,1BA | $1.33 |
| The Gates of Rochester | Carlyle | 1BR,1BA | $1.24 |
| Olympik Village Apartments | Zeus | 1BR,1BA | $1.29 |
| River's Edge | One Bedroom | 1BR,1BA | $0.81 |
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Lake City, MN Apartments MapLake City, MN Rental Homes MapGetting Around Lake City, MN
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
44 / 100
Somewhat Bikeable
Minimal bike infrastructure
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 City Apartments
What is the Cheapest Studio apartment in Lake City?
Currently the most affordable Cheap Studio Apartment in Lake City is at Park Place Plaza listed at $925.
How much is rent for a Cheap One Bedroom Lake City Apartment?
The lowest price for a Cheap One Bedroom Lake City Apartment is $550 at River's Edge.
What is the lowest price for a Cheap Two Bedroom Lake City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake City is starting from $603 at Great River.
What is the most affordable Lake City Three Bedroom Apartment?
The best deal on a cheap Lake City Three Bedroom Apartment rental is at The Gates of Rochester and starts from $1,085.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.