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Eagle Lake, MN Homes for Rent

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  • /11

    $725 Plus Fees

    • 1 Bed
    • 1 Bath
    • 675 Sq Ft
    • Condo for Rent

    138 N Agency St Unit 4, Eagle Lake, MN 56024

    Property Id: 940795 This must see spacious one bedroom apartment is ideally located in Eagle Lake which is only about 5 miles to River Hills Mall Mankato. The modern floor plan features the bedroom and bath lofted in the upper level with living room, dining area, and kitchen on the main floor. Appliances include electric stove and refrigerator. Coin operated laundry is available across the

    138 N Agency St Unit 4, Eagle Lake, MN 56024
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    $1,780

    Total Monthly Price

    • 4 Beds
    • 2.5 Baths
    • 1,667 Sq Ft
    • Townhouse for Rent

    101 Linda Path, Eagle Lake, MN 56024

    Located in Eagle Lake, these townhomes are 4 bedroom, 2.5 baths, with attached 2 stall garages. All units have the same floor plan & size. Units are pet friendly, with additional fees. Multi-level townhomes with attached 2 stall garages. Stainless steel appliances including a washer/dryer, and outdoor patio. Located off Parkway Ave with quick access to Hwy 14 as well as close proximity to the

    101 Linda Path, Eagle Lake, MN 56024
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    $1,600

    Total Monthly Price

    • 3 Beds
    • 3 Baths
    • 1,242 Sq Ft
    • Townhouse for Rent

    101 Eagle Ave, Eagle Lake, MN 56024

    Stainless Steel appliances, including a washer/dryer. Tiled backsplash, neutral colors. Eagles Crossing is located on a quiet street in Eagle Lake. Beautiful views of nature. Quiet, dead end street. 8 units available. Just 4 miles from Mankato Hilltop. Pet friendly (1 pet per unit) with additional fees.Application & Background Check. Floor plan available.

    101 Eagle Ave, Eagle Lake, MN 56024

Why Live in Eagle Lake

Eagle Lake, Minnesota, is a small, close-knit community located just 7 miles from downtown Mankato. The town features winding streets lined with maples and oaks, creating a picturesque setting for its historic bungalows and newer subdivisions. Homes in Eagle Lake range from late 19th-century farmhouses to modern townhomes and single-family builds, many equipped with attached garages, fenced-in backyards, and quarter-acre lots. The local schools are highly rated, with Eagle Lake Elementary School and Mankato East Senior High School offering strong academic programs and extracurricular activities. Outdoor recreation is abundant, with Lake Eagle Park providing facilities for baseball, softball, and ice hockey, as well as a playground and dog park. The Sakatah Singing Hills State Trail, which spans 39 miles, is ideal for walking, biking, and horseback riding, connecting the community to nearby towns and natural areas. Annual events like Tator Days and the Eagle Lake Summer Sounds concert series foster a sense of community, featuring sports tournaments, live music, and food vendors. While largely residential, Eagle Lake has local businesses along Parkway Avenue, including Eagle’s Nest, a popular pub known for its 2-pound Duke Burger. The town is conveniently located near Minnesota state Highway 22, providing access to shopping centers and eateries in Mankato, such as River Hills Mall and major grocery stores like Sam’s Club, ALDI, and Walmart. For travel, Minneapolis-Saint Paul International Airport is approximately 80 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Eagle Lake, MN?
The median rent for a home in Eagle Lake, MN is $725 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Eagle Lake, MN?
To comfortably afford the median rent in Eagle Lake, MN, a household needs to earn roughly $29,000 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 $725 per month in Eagle Lake, MN, renters typically need to show $2,175 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 Eagle Lake, MN?
In Eagle Lake, MN, the price-to-rent ratio is 38.7, 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.
What neighborhoods in Eagle Lake, MN are best for renting a home?
The best neighborhood for renting in Eagle Lake, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Thomas Park, Country Club Estates, Franklin Rogers Park, Peacepipe Park and White Oaks Park, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$725
Median Townhouse Rent
$1,780
Median Condo Rent
$725
How to Rent a Home