Cheap Apartments for Rent in Round Lake, MN from $500 (38 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Round Lake.

property at 551 Lakeview Rd

551 Lakeview Rd

Heron LakeMN56137

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.

Read Article

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.

Read Article
close
View Me
Willow Creek Place
1 Bedroom Apartments

Willow Creek Place

620 14th Ave NELe Mars, IA 51031
  • Utilities Included
close
View Me
Rolfe 20-Unit
2 Bedroom Apartments

Rolfe 20-Unit

1106-1108 Elm StRolfe, IA 50581
close
View Me
Stately Manor Apartments
1 to 2 Bedroom Apartments

Stately Manor Apartments

1525-1535 Darling DrWorthington, MN 56187
  • Utilities Included
close
View Me
300 Highland Ct
1 Bedroom Apartments

300 Highland Ct

300 Highland CtTyler, MN 56178
  • Utilities Included
close
View Me
Damax Apartments
1 to 2 Bedroom Apartments

Damax Apartments

602 E Warren StLuverne, MN 56156
  • Utilities Included
close
View Me
Tanglewood Estates
1 Bedroom Apartments

Tanglewood Estates

1755-1757 4th AveWindom, MN 56101
  • Utilities Included
close
View Me
1851 26th St
1 Bedroom Apartments

1851 26th St

1851 26th StSlayton, MN 56172
Senior Living
  • 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.

Read Article
close
View Me
2107 Nobles St
1 Bedroom Apartments

2107 Nobles St

2107 Nobles StWorthington, MN 56187
  • Utilities Included
close
View Me
109 E Luverne St
1 to 2 Bedroom Apartments

109 E Luverne St

109 E Luverne StLuverne, MN 56156
  • Utilities Included
close
View Me
Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

401 S Oak StEllsworth, MN 56129
  • Utilities Included
close
View Me
Ridgewood Apartments
1 Bedroom Apartments

Ridgewood Apartments

260 S 4th StAkron, IA 51001
Senior Living
  • Utilities Included
close
View Me
Le Mars Estates
2 to 3 Bedroom Apartments

Le Mars Estates

650 4th Ave NELe Mars, IA 51031
  • Utilities Included
Showing Results 1-38, Page 1 of 1

Round Lake, MN Local Guide

Cheapest Available Round Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Round Lake, MN is a 2 Beds unit found at Rolfe 20-Unit priced from $500. Eytcheson Estates Sherburn has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Round Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rolfe 20-Unit2 Bedroom2BR,1BA$500
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$700
Windcrest Village Apartments & TownhomesStudio ApartmentStudio,1BA$720
Aspen Ridge Reserve1 Bedroom 1 Bathroom Apartment1BR,1BA$745
Okabena Tower 40+1 BR/1 BA1BR,1BA$785
Cypress Pointe Apartments2 Bedroom2BR,1BA$906
Deer Creek Apartments1 Bed 1 Bath + Den Apartment1BR,1BA$965
Windom Landing4 Bedroom - Upper Level4BR,2BA$975
Eytcheson Estates Welcome1 Bedroom2BR,1BA$1,000

Best Value Apartments for Rent in Round Lake, MN and Nearby

As of May 12, 2025 the best value apartment in the Round Lake area is the $1.19 price per square foot 3 Bed 2 Bath Townhome Model at Tallgrass Village Apartments & Townhomes in the starting from $1,730. The second greatest value Round Lake apartment is the 4 Bedroom - Lower Level Model at Windom Landing starting at $975 with a $0.71 price per square foot . Here is today’s list of the best values for Round Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tallgrass Village Apartments & Townhomes3 Bed 2 Bath Townhome3BR,2BA$1.19
Windom Landing4 Bedroom - Lower Level4BR,2BA$0.71
Eagle Ridge Townhomes3 Beds, 1.5 baths3BR,1.5BA$0.75
Joslyn Heights Apartments2 Bed 1 Bath Apartment2BR,1BA$1.13
Ashley Estates2 Bedroom - b2BR,2BA$1.19
Deer Creek Apartments1 Bed 1 Bath + Den Apartment1BR,1BA$1.08
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Cypress Pointe Apartments2 Bedroom2BR,1BA$1.26
Rolfe 20-Unit2 Bedroom2BR,1BA$0.82
172 North St, Unit 172172 North St1BR,1BA$0.89

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.

decorative image of people with a giant lease agreement

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

Explore Round Lake, MN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Round Lake, MN

View MapRound Lake, MN Apartments MapView MapRound Lake, MN Rental Homes Map

Getting Around Round Lake, MN

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 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 Round Lake Apartments

What is the Cheapest Studio apartment in Round Lake?

Currently the most affordable Cheap Studio Apartment in Round Lake is at Windcrest Village Apartments & Townhomes listed at $720.

How much is rent for a Cheap One Bedroom Round Lake Apartment?

The lowest price for a Cheap One Bedroom Round Lake Apartment is $745 at Aspen Ridge Reserve.

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

Today's best deal for a Cheap Two Bedroom Apartment in Round Lake is starting from $500 at Rolfe 20-Unit.

What is the most affordable Round Lake Three Bedroom Apartment?

The best deal on a cheap Round Lake Three Bedroom Apartment rental is at Eagle Ridge Townhomes and starts from $1,015.

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

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.

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

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.