Cheap Homes for Rent in Silver Lake, MN from $600 (5 Rentals)

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Silver Lake, MN Local Guide

Cheapest Neighborhoods for Apartments in Silver Lake, MN

Pricing Updated: 03/20/2025

Current apartment rentals in the Silver Lake, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Silver Lake Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

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. Autumn Glen Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Silver Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
45 N High Dr NW2 bedroom2BR,1BA$695
Autumn Glen Townhomes1 Bedroom1BR,1BA$800
Evergreen Square Apartments1 bedroom1BR,1BA$990

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

As of March 21, 2025 the best value apartment in the Silver Lake area is the $1.19 price per square foot 717 9th St NW Model at 717 9th St NW in the in the Willow Glen Carriage neighborhood starting from $2,149. The second greatest value Silver Lake apartment is the 2 bedroom Model at Evergreen Square Apartments starting at $1,200 with a $1.27 price per square foot in the Willow Glen Carriage neighborhood. Here is today’s list of the best values for Silver Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
717 9th St NW717 9th St NW4BR,2BA$1.19
Evergreen Square Apartments2 bedroom2BR,1BA$1.27
Wolverine Meadows2 Bedroom 1 Bath2BR,1BA$1.41
Village Place Apartments 55+2 Bedroom2BR,1BA$1.59
Riverwalk Apartments2 bedroom 1 bath2BR,1BA$1.35
45 N High Dr NW2 bedroom2BR,1BA$0.82
Parkview TerraceCorner, remodeled2BR,1BA$1.25
Lake Point South Apartments1 Bedroom1BR,1BA$1.31
Autumn Glen Townhomes1 Bedroom1BR,1BA$1.06
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1.56

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Frequently Asked Questions about Silver Lake

What type of rentals are currently available in Silver Lake?

There are currently 51 Apartments for Rent in Silver Lake, MN with pricing that ranges from $695 to $3,450. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $695 to $8,995.

What is the current price range for Rental Homes in Silver Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Silver Lake ranges from $695 to $8,995 with an average monthly rent of $2,285.

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.

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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.

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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.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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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.