Apartments for Rent in Medicine Lake, MN

Prices and availability in Medicine Lake, MN were last updated on 14 Jul 2026.

The best apartment in Medicine Lake, MN is: Medicine Lake Cottages.

The average rent in Medicine Lake, MN is $1,500.

In Medicine Lake, 19% of the residents are renting compared to 81% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Medicine Lake's rentals, 48% are small-scale complexes with under 50 units, and 52% are single-family rentals.

The average age of rental buildings in Medicine Lake is 41 years old, with 17% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 90% are garden-style apartment communities, 10% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Medicine Lake come in a range of sizes and floorplans. Studio apartments represent 4% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 42% of the total apartments in the city, while 2-bedroom floorplans represent around 49% of all rentals in Medicine Lake. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.