240 8th Ave N
HopkinsMN55343
Cheap Homes for Rent in Medicine Lake, MN from $1,300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Medicine Lake.
3747 Major Ave N
MinneapolisMN55422
2700 Rosalyn Ct
MinneapolisMN55427
10451 Greenbrier Rd
MinnetonkaMN55305
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.
2720 Rosalyn Ct
New HopeMN55427
6401 47th Ave N
MinneapolisMN55428
9122 Plymouth Ave N
Golden ValleyMN55427
3618 Halifax Ave N
MinneapolisMN55422
Medicine Lake - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!
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Medicine Lake, MN Local Guide
Minnesota Flags by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent a home in Medicine Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Medicine Lake 2 Bedroom Homes for Rent | $2,020 | $1,395 | $3,330 |
| Medicine Lake 3 Bedroom Homes for Rent | $2,610 | $2,099 | $3,830 |
| Medicine Lake 4 Bedroom Homes for Rent | $2,674 | $2,439 | $3,115 |
| Medicine Lake 5 Bedroom Homes for Rent | $2,542 | $2,310 | $2,775 |
Browse Top Homes for Rent in Medicine Lake
Explore Medicine Lake
Medicine Lake, MN Local Guide
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Cheapest Available Medicine Lake Apartments for Rent and Nearby
The cheapest available apartment rental in Medicine Lake, MN is a 2 Beds unit found at Crown Ridge in the Shelard Park neighborhood priced from $1,100. Trentwood Apartments in the Shelard Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Medicine Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crown Ridge | 2Bed 1Bath | 2BR,1BA | $1,100 |
| Trentwood Apartments | One Bedroom | 1BR,1BA | $1,150 |
| At The Lake | 1 Bedroom | 1BR,1BA | $1,179 |
Best Value Apartments for Rent in Medicine Lake, MN and Nearby
As of April 29, 2025 the best value apartment in the Medicine Lake area is the $1.66 price per square foot Hawthorne Model at Fox Forest Townhomes in the in the Shelard Park neighborhood starting from $2,299. The second greatest value Medicine Lake apartment is the 2A, 2B Model at RidgeGate Apartments starting at $2,080 with a $1.65 price per square foot in the Groveland neighborhood. Here is today’s list of the best values for Medicine Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fox Forest Townhomes | Hawthorne | 2BR,1.5BA | $1.66 |
| RidgeGate Apartments | 2A, 2B | 2BR,2BA | $1.65 |
| Avana Minnetonka | A1E | 1BR,1BA | $1.62 |
| Crown Ridge | 2Bed 1Bath | 2BR,1BA | $1.20 |
| Four Seasons Villa | 1BD | 1BR,1BA | $1.37 |
| ReNew PARKone | Aquila | 1BR,1BA | $1.56 |
| Countryside Estates | Westwood | 2BR,1BA | $1.67 |
| Talus Apartments | One Bedroom One Bath | 1BR,1BA | $1.66 |
| The Ridge Apartments | One Bedroom/ One Bathroom | 1BR,1BA | $1.64 |
| At The Lake | 1 Bedroom | 1BR,1BA | $1.52 |
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Frequently Asked Questions about Medicine Lake
What type of rentals are currently available in Medicine Lake?
There are currently 60 Apartments for Rent in Medicine Lake, MN with pricing that ranges from $900 to $8,370. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Medicine Lake ranging from $1,350 to $3,830.
What is the current price range for Rental Homes in Medicine Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Medicine Lake ranges from $1,350 to $3,830 with an average monthly rent of $2,244.
How much are larger Three and Four Bedroom Rentals in Medicine Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Medicine Lake range from $1,275 to $8,370, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,099 to $3,830. Four Bedroom Single-Family rentals are also available starting from $2,439 and Four Bedroom Apartments start at $2,439.
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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.