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Big Lake, MN Homes for Rent

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  • /30

    Starting at $1,224

    Total Monthly Price

    • 1 - 3 Beds

    400 Fern St, Big Lake, MN 55309

    Sherburne Park Estates puts you close to everything Big Lake has to offer, including shopping, restaurants, parks and more. Conveniently located near Highway 10, these updated apartments feature modern stone countertops and access to a new patio and grilling area, perfect for relaxing and entertaining. Pet-friendly and welcoming both dogs and cats, this community also offers short-term lease

    Sherburne Park Estates

    400 Fern St, Big Lake, MN 55309
  • /10

    Starting at $1,575 Plus Fees

    • 2 Beds

    715-726 Martin Ave, Big Lake, MN 55309

    Enjoy luxury living with convenience in the heart of everything you need; schools, shopping, recreational living and only blocks from the light rail. Town Square has studios, 1 & 2 bedrooms with many large open floor plans to choose from. Inside your new home are stainless steel appliances, a center island, rich interior finishes and your very own walk out patio, or screened in porch for privacy.

    Town Square Residential Suites

    715-726 Martin Ave, Big Lake, MN 55309
  • /19

    Starting at $1,525 Plus Fees

    • 2 Beds

    660 Minnesota Ave, Big Lake, MN 55309

    Thoughtfully designed 1, 2 and 3 bedroom suites * Fully equipped kitchens, including self-cleaning range, refrigerator, and dishwasher * Air Conditioner in each suite * Patio / Balcony * Garages (optional) * Laundry on-site! Ashbury Apartment Homes is conveniently located off Hwy 10 * Across the street from Big Lake Schools * Playground on-site * Walking distance to Stores * Walking distance to

    Ashbury Residential Suites

    660 Minnesota Ave, Big Lake, MN 55309
  • /20

    Starting at $1,100 Plus Fees

    • 1 - 3 Beds

    16940 Marketplace Dr, Big Lake, MN 55309

    Marketplace Crossing is the newest community in Big Lake, Minnesota. Newer construction one-, two-, and three-bedroom affordable and market rate apartments. We offer brand new, spacious units complete with ample storage and modern finishes. We offer many community amenities, such as on-site laundry facilities, off-street parking, garages (available for an additional fee), and a playground.

    Marketplace Crossing

    16940 Marketplace Dr, Big Lake, MN 55309
  • /20

    Starting at $1,315 Plus Fees

    • 1 - 3 Beds

    19591 Station St, Big Lake, MN 55309

    Welcome to Northern Star Apartments. We are conveniently located near the North Star Station. Our on-site management will meet your needs in a friendly and efficient manner. Northern Star has 76 apartments.

    Northern Star Apartments

    19591 Station St, Big Lake, MN 55309
  • /21

    $2,195

    Total Monthly Price

    • 5 Beds
    • 2 Baths
    • 2,200 Sq Ft
    • House for Rent

    804 Harrison Dr, Big Lake, MN 55309

    Beautiful 5 bedroom 2 bathroom 3 car garage home with an open floor plan, vaulted ceilings, and a deck off of the kitchen overlooking the backyard.This home is in a wonderful location in Big Lake just 4 minutes away from I-94, in a new housing subdivision, safe neighborhood with good schools.Link to video walkthrough:Requirements:Gross household income $7500 per month

    804 Harrison Dr, Big Lake, MN 55309
  • /14

    $1,785

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,400 Sq Ft
    • Townhouse for Rent

    230 Leighton Dr, Big Lake, MN 55309

    Freshly updated 3 bedroom townhome in Big Lake with 1,400 square feet of comfortable living space.New wood look vinyl plank flooring runs through the main level, and fresh light paint keeps every room bright and clean. The kitchen has plenty of oak cabinetry, a gas range, and a breakfast bar that opens to the dining and living area, so cooking and hanging out happen in the same space.

    230 Leighton Dr, Big Lake, MN 55309

Why Live in Big Lake

Big Lake, MN, located about 40 miles northwest of Minneapolis, has seen significant growth since 1990, nearly doubling in size since 2000. This city offers a blend of lakefront living and rural charm, with urban conveniences nearby. Residents enjoy numerous things to do, such as sunbathing at Lakeside Park, off-leash dog areas at Lions Park, and community events like the annual Spud Festival. The city is consistently ranked among the top five safest in Minnesota. Big Lake's real estate market is competitive, featuring a variety of home styles, including traditional ranches, newly constructed craftsman homes, and multi-family townhouses. Homes range from older developments near the city core to newer constructions on the outskirts, with options for lakefront living and subdivisions like Shadywood Park and Pine Crest Estates. Outdoor enthusiasts can take advantage of the three named lakes and over 20 parks, including Big Lake and Lake Mitchell, which offer boat launches and sandy beaches. The city hosts a year-round farmers market and has a growing downtown area with shopping and dining options, such as Willy's on the Water and Lupulin Brewing. Public transportation is accessible via the Metro Transit and Northstar Commuter Rail, making trips to the Twin Cities convenient. For healthcare, residents are just 4 miles from CentraCare Health Hospital in Monticello.

Frequently Asked Questions

How much does it cost to rent a home in Big Lake, MN?
The median rent for a home in Big Lake, MN is $1,795 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Big Lake, MN?
To comfortably afford the median rent in Big Lake, MN, a household needs to earn roughly $71,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,795 per month in Big Lake, MN, renters typically need to show $5,385 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Big Lake, MN?
In Big Lake, MN, the price-to-rent ratio is 16.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$1,795
Median Single Family Home Rent
$1,900
Median Townhouse Rent
$1,785
Median Condo Rent
$1,795
How to Rent a Home