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Studio Apartment for Rent in Big Lake, MN

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    Starting at $1,325 Plus Fees

    • Studio - 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

    (763) 878-6575

    660 Minnesota Ave, 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 $2,000 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while 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 $80,000 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 $2,000 per month in Big Lake, MN, renters typically need to show $6,000 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 15.1, 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 in Big Lake, MN

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,000
Median Single Family Home Rent
$2,000
Median Condo Rent
$1,795
How to Rent a Home