
Cheap Homes for Rent in Silver Lake, MN from $1,500 (13 Rentals)
Cheap Homes in Silver Lake.


4470 Denbigh Rd

9225 Orchard Cir

524 W 3rd St

901 Ivy Ridge Ln

1760 Prescott Ct
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.

1760 Prescott Ct

4973 3 Points Blvd

2052 12th Ave W

1704 Pebble Terrace

1132 Crystal Pl W

19075 Highland Ave
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.

1047 Tyler St S
Silver Lake, MN Local Guide

How much does it cost to rent a home in Silver Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Silver Lake 2 Bedroom Homes for Rent | $1,951 | $1,750 | $2,300 |
Silver Lake 3 Bedroom Homes for Rent | $2,961 | $1,525 | $7,500 |
Silver Lake 4 Bedroom Homes for Rent | $3,092 | $2,300 | $4,395 |
Silver Lake 5 Bedroom Homes for Rent | $8,129 | $2,900 | $10,000+ |
Browse Top Homes for Rent in Silver Lake
Explore Silver Lake
Silver Lake, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 |
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 |
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.
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 $3,650. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $1,525 to $16,500.
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 $1,525 to $16,500 with an average monthly rent of $4,033.
How much are larger Three and Four Bedroom Rentals in Silver Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Silver Lake range from $1,200 to $3,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,650.
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.