Cheap Apartments for Rent in Twin Lakes, MN from $400 (14 Rentals)

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

Search the lowest-cost Apartments available for rent right now in Twin Lakes.

Twin Lakes, MN Local Guide

Cheapest Available Twin Lakes Apartments for Rent and Nearby

 

The cheapest available apartment rental in Twin Lakes, MN is a Studio unit found at Key Apartments priced from $450. City Center Kent Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $495. Here is today’s list of the most affordable Twin Lakes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Key ApartmentsEfficiencyStudio,1BA$450
City Center Kent ApartmentsStudio1BR,1BA$495
18 S Adams AveOne Bedroom1BR,1BA$525
Key West ApartmentsStudioStudio,1BA$550
CityView ApartmentsStudioStudio,1BA$625

Best Value Apartments for Rent in Twin Lakes, MN and Nearby

As of February 14, 2025 the best value apartment in the Twin Lakes area is the $1.45 price per square foot 2 Bedroom 1 Bath B Model at West Lake Meadows in the in the Downtown Owatonna neighborhood starting from $1,570. The second greatest value Twin Lakes apartment is the 2BR/1.0BA Model at Park Plaza Apartments starting at $1,400 with a $1.38 price per square foot in the Downtown Owatonna neighborhood. Here is today’s list of the best values for Twin Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
West Lake Meadows2 Bedroom 1 Bath B2BR,1BA$1.45
Park Plaza Apartments2BR/1.0BA2BR,1BA$1.38
Park Plaza2 Bedroom (Unit 1)2BR,1BA$1.34
Irish Hospital ApartmentsUnit 12BR,1BA$1.35
City Center Kent Apartments1 Bedroom1BR,1BA$0.74
Webster ApartmentsApt. 102BR,1BA$1.36
Lincoln Apartments LLCApt. 031BR,1BA$1.25
The Meadows1 Bedroom 1 Bath1BR,1BA$1.27
Northern Place Apartments1 Bed, 1 bath1BR,1BA$1.22
18 S Adams AveOne Bedroom1BR,1BA$0.95

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 Twin Lakes, MN Rentals by Map

View MapTwin Lakes, MN Apartments MapView MapTwin Lakes, MN Rental Homes Map

Getting Around Twin Lakes, MN

Walk Score®

9 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

21 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Twin Lakes Apartments

What is the Cheapest Studio apartment in Twin Lakes?

Currently the most affordable Cheap Studio Apartment in Twin Lakes is at Key Apartments listed at $450.

How much is rent for a Cheap One Bedroom Twin Lakes Apartment?

The lowest price for a Cheap One Bedroom Twin Lakes Apartment is $495 at City Center Kent Apartments.

What is the lowest price for a Cheap Two Bedroom Twin Lakes Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Twin Lakes is starting from $800 at Skye Lofts Apartments.

What is the most affordable Twin Lakes Three Bedroom Apartment?

The best deal on a cheap Twin Lakes Three Bedroom Apartment rental is at Northern Place Apartments and starts from $1,100.

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 What to Know About Fees and Fines When Renting article

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.

decorative image for Navigating the World of Low-Income Housing: A Comprehensive Guide article

Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.