Cheap Apartments for Rent in Silver Lake, MN from $500 (37 Rentals)
Cheap Apartments in Silver Lake.

Autumn Glen Apartments

Country Club Manor

Wolverine Meadows

Pintail Ponds Apartment Homes

Evergreen Square Apartments

Highfield Apartments

Bayview Apartments

Lone Oak Apartments

Hidden Cove Apartments
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.

Lake Point South Apartments

Panther Heights Apartments

Ward Rentals in Hutchinson

Dockside Apartments on Lake Minnetonka

Preserve at Pintail Ponds

Maple Tree Villa Apartments

Riverwalk Apartments

Minnetonka Edgewater
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.

Granite Works Apartments

127 S Cedar St

Langdon Lake Apartments

Lakecrest Apartments

412 N Cedar St
Silver Lake, MN Local Guide

How much does it cost to rent an apartment in Silver Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Silver Lake Studio Apartments | $1,244 | $975 | $1,530 |
Silver Lake 1 Bedroom Apartments | $1,561 | $700 | $2,250 |
Silver Lake 2 Bedroom Apartments | $1,846 | $695 | $2,800 |
Silver Lake 3 Bedroom Apartments | $2,495 | $1,200 | $3,650 |
Silver Lake 4 Bedroom Apartments | $2,650 | $2,650 | $2,650 |
Browse Top Apartments in Silver Lake
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Silver Lake, MN Local Guide
- Nearby Cities
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Cheapest Available Silver Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Silver Lake, MN is a 2 Beds unit found at 45 N High Dr NW in the Downtown Hutchinson neighborhood priced from $695. Country Club Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Silver Lake apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
45 N High Dr NW | 2 bedroom | 2BR,1BA | $695 |
Country Club Manor | 1 Bedroom 1 Bathroom | 1BR,1BA | $895 |
Evergreen Square Apartments | 1 bedroom | 1BR,1BA | $990 |
Lake Point South Apartments | 1 Bedroom | 1BR,1BA | $1,045 |
Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1,070 |
Minnetonka Edgewater | One Free Months Rent! Newly Renovated Studios! | Studio,1BA | $1,150 |
Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
Lakecrest Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,299 |
Lone Oak Apartments | 3B/1B | 3BR,1BA | $1,300 |
Shoreline Place | 2 bedroom / 1 bath | 2BR,1BA | $1,300 |
Best Value Apartments for Rent in Silver Lake, MN and Nearby
As of May 03, 2025 the best value apartment in the Silver Lake area is the $1.51 price per square foot F1 - Empire B Model at Marsh Hollow in the in the Scott Far Western Suburbs neighborhood starting from $4,325. The second greatest value Silver Lake apartment is the 2 Bed 2 Bath Upper Level Luxury Model at Ward Rentals in Hutchinson starting at $1,625 with a $1.32 price per square foot . Here is today’s list of the best values for Silver Lake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Marsh Hollow | F1 - Empire B | 5BR,3.5BA | $1.51 |
Ward Rentals in Hutchinson | 2 Bed 2 Bath Upper Level Luxury | 2BR,2BA | $1.32 |
Lone Oak Apartments | 3B/1B | 3BR,1BA | $1.27 |
Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.25 |
Evergreen Square Apartments | 2 bedroom | 2BR,1BA | $1.27 |
Wolverine Meadows | 2 Bedroom 2 Bath | 2BR,2BA | $1.44 |
45 N High Dr NW | 2 bedroom | 2BR,1BA | $0.82 |
Lake Point South Apartments | 1 Bedroom | 1BR,1BA | $1.31 |
Dockside Apartments on Lake Minnetonka | The Marina | 1BR,1BA | $1.56 |
Country Club Manor | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.44 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Silver Lake, MN
Walk Score®
17 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
31 / 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 Silver Lake Apartments
How much is rent for a Cheap One Bedroom Silver Lake Apartment?
The lowest price for a Cheap One Bedroom Silver Lake Apartment is $895 at Country Club Manor.
What is the lowest price for a Cheap Two Bedroom Silver Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Silver Lake is starting from $695 at 45 N High Dr NW.
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.

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.

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.