Cheap Apartments for Rent in Lakeland, MN from $700 (4 Rentals)

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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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Lakeland, MN Local Guide

Best Value Apartments for Rent in Lakeland, MN and Nearby

As of December 29, 2025 the best value apartment in the Lakeland area is the $0.95 price per square foot 1015 Oak St Model at 1015 Oak St, Unit 1015 in the in the Washington Far Eastern Suburbs neighborhood starting from $900. The second greatest value Lakeland apartment is the Two Bedroom/One Bath Model at Aspen Apartments starting at $1,135 with a $1.26 price per square foot in the Washington Far Eastern Suburbs neighborhood. Here is today’s list of the best values for Lakeland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1015 Oak St, Unit 10151015 Oak St2BR,1BA$0.95
Aspen ApartmentsTwo Bedroom/One Bath2BR,1BA$1.26
Gray's Landing - Section 42 income guidelines apply2BR/2.0BA2BR,2BA$1.59
Mayer Road Ventures - The Massey Luxury Apartments1 HC1BR,1BA$2.04
St. Croix Village ApartmentsI bedroom1BR,1BA$1.99
Hanley Place Apartments1BR/1.0BA1BR,1BA$1.67
Cedar RidgeOne Bedroom1BR,1BA$2.57

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Lakeland Apartments

How much is rent for a Cheap One Bedroom Lakeland Apartment?

The lowest price for a Cheap One Bedroom Lakeland Apartment is $1,000 at Hanley Place Apartments.

What is the lowest price for a Cheap Two Bedroom Lakeland Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lakeland is starting from $1,135 at Aspen Apartments.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!