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Updated 11 hours ago

Medicine Lake Cottages

VERIFIED

156 Peninsula Rd Medicine Lake, MN

Studio
1 Bath

411 Sq. Ft.

Available starting Apr. 1st
Studio • 1 Bath
$925
411 ft2
1 Available
156-05
$925
Available Apr 1st, 2026
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2 Beds • 1 Bath
$1,300
715 ft2
0 Available
150-04
$1,300
Rented
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
6
Car-Dependent
Bike Score®
32
Somewhat Bikeable
Amenities
On-site Laundry
Balcony, Deck, Patio
Ceiling Fans
High-speed Internet
On-site Maintenance
Cable Ready
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Fee: $250.00
Pet Rent: $25.00
Parking
Surface Parking
Lease & Fees
Lease Length: 12 months
Application Fee:

$50

Other:

Admin fee: $150

Property details
Description

Additional fees for this community include:Non-Optional FeesApplication fee: $50/adultNon-refundable administrative fee: Management charges a $150, non-refundable, administrative fee that is related to our internal and administrative costs for the establishment of a resident file, and preparation of initial lease paperwork and related addendums. This administrative fee must be paid, in addition to the payment of month's rent, any prorated rent, or any additional deposit that might be required on the day of move-in.Utility administrative fee: $8/monthUtility Fees:Electricity – Paid for by resident Gas – Paid for by residentHeat – Paid for by residentWater/Sewer/Trash – Paid for by property

Additional Details
Total Unit Count: 31
Last Updated: Updated 11 hours ago
Contact Number: (763) 458-2899
Property manager information
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Office Hours
Monday: 9:00 AM - 5:00 PM
Tuesday: 9:00 AM - 5:00 PM
Wednesday: 9:00 AM - 5:00 PM
Thursday: 9:00 AM - 5:00 PM
Friday: 9:00 AM - 4:00 PM
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Photos Floor Plans Amenities
About Medicine Lake Cottages
Welcome to Medicine Lake Cottages, managed by Steven Scott Management, located at 156 Peninsula Rd in Medicine Lake, MN. These cozy cottages are perfect for those seeking a comfortable and convenient living experience.

The cottages at Medicine Lake offer studio floor plans, with unit square footages ranging from a minimum of 356 square feet to a maximum of 986 square feet. Each cottage is thoughtfully designed to maximize space and functionality, ensuring a comfortable living environment.

Residents of Medicine Lake Cottages can take advantage of a range of amenities. Surface parking is provided, ensuring that finding a spot for your vehicle is a breeze. In addition, each cottage boasts a balcony, deck, or patio, providing the perfect outdoor space for relaxation or entertaining.

For those with furry friends, Medicine Lake Cottages is both dog-friendly and cat-friendly, making it easy to bring your beloved pets along. On-site laundry facilities make the chore of laundry day a breeze, while ceiling fans ensure optimal airflow and comfort.

In today's connected world, high-speed internet is a necessity, and at Medicine Lake Cottages, it is readily available. Residents can also rest easy knowing that on-site maintenance is available to promptly address any issues that may arise. Cable-ready units provide easy access to your favorite television shows and streaming services.

Medicine Lake Cottages offers a serene and cozy living environment, with access to the recreational opportunities offered by Medicine Lake. Don't miss out on the chance to call Medicine Lake Cottages home. Visit today and experience comfortable living in a peaceful lakeside setting.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Medicine Lake Cottages by bedroom type below.
Studio
Suggested income:
$33,300
per year
Rent report

Medicine Lake Cottages Rent vs. Medicine Lake Average

 Medicine Lake Cottages      Medicine Lake Average
Studio
$925
$1,625
$0
$550
$1,100
$1,650
$2,200

Medicine Lake Cottages is asking 43% less than the average studio apartment in Medicine Lake.

Medicine Lake Cottages provides 58% less square footage than the average Medicine Lake studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Medicine Lake Cottages
Studio $925 $2.30 $2,775
Medicine Lake Average
Studio $1,625 $1.60 $4,875

Availability in Medicine Lake

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1 Studio units on the market in Medicine Lake. If you're looking to negotiate, this may be your best option.

Studio
100%
Available Units in Medicine Lake
Studio 1
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Regency Hospital Of Mpls Llc 4.13 mi.
North Memorial Medical Center 4.73 mi.
Park Nicollet Methodist Hosp 5.56 mi.
Nearby Fire Stations
Name Distance
City Of Medicine Lake 0.3 mi.
City Of Medicine Lake 0.34 mi.
Golden Valley Fire Department 2.11 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on April 01, 2026.
What's the square footage of the available units?
It's 411 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Medicine Lake Cottages has a studio unit starting at $925.
Where is this property located?
This property is at 156 Peninsula Rd in Medicine Lake, MN. It's 0.7 miles northwest from the center of Medicine Lake.
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