
Cheap Homes for Rent in Balaton, MN from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Balaton.


400 Mound Ave

270 US-59

316 N Van Eps Ave

314 N Van Eps Ave

300 Medary Ave S

1115 Teakwood St

412 S Walnut St

69 E Cottonwood St

97 9th St

1311 Camelot Dr
Balaton, MN Local Guide

How much does it cost to rent a home in Balaton?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Balaton 2 Bedroom Homes for Rent | $1,212 | $789 | $2,500 |
Balaton 3 Bedroom Homes for Rent | $1,366 | $945 | $2,100 |
Balaton 4 Bedroom Homes for Rent | $2,238 | $1,400 | $3,995 |
Balaton 5 Bedroom Homes for Rent | $4,995 | $4,995 | $4,995 |
Browse Top Homes for Rent in Balaton
Explore Balaton
Balaton, MN Local Guide
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Cheapest Available Balaton Apartments for Rent and Nearby
 The cheapest available apartment rental in Balaton, MN is a 2 Beds unit found at RC Square Apartments in the Downtown Marshall neighborhood priced from $625. Wildwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $715. Here is today’s list of the most affordable Balaton apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
Wildwood Apartments | 1BR/1.0BA | 1BR,1BA | $715 |
The Rock Apartments | GF: 2 Bed 1 Bath | 2BR,1BA | $750 |
Bethel On Bryant | Renville - 2/1 | 2BR,1BA | $750 |
Aspen Ridge Reserve | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $770 |
Best Value Apartments for Rent in Balaton, MN and Nearby
As of April 14, 2025 the best value apartment in the Balaton area is the $0.71 price per square foot 4 Bedroom - Lower Level Model at Windom Landing in the starting from $975. The second greatest value Balaton apartment is the 901D Briarwood Model at Briarwood Estates starting at $1,300 with a $1.30 price per square foot in the Downtown Marshall neighborhood. Here is today’s list of the best values for Balaton apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Windom Landing | 4 Bedroom - Lower Level | 4BR,2BA | $0.71 |
Briarwood Estates | 901D Briarwood | 3BR,2BA | $1.30 |
110 W 10th St | Model A | 2BR,2BA | $1.25 |
Red Skye Lofts | 1 Bedroom | 1BR,1BA | $0.91 |
Ashley Estates | 2 Bedroom - b | 2BR,2BA | $1.19 |
RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
Ridgeview Residence | 1 BEDROOM | 1BR,1BA | $1.11 |
Eagle Creek Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $1.29 |
Wildwood Apartments | 2BR/1.0BA | 2BR,1BA | $1.27 |
Okabena Tower 40+ | 1 BR/1 BA | 1BR,1BA | $1.31 |
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Frequently Asked Questions about Balaton
What type of rentals are currently available in Balaton?
There are currently 60 Apartments for Rent in Balaton, MN with pricing that ranges from $625 to $2,785. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balaton ranging from $650 to $4,995.
What is the current price range for Rental Homes in Balaton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Balaton ranges from $650 to $4,995 with an average monthly rent of $2,054.
How much are larger Three and Four Bedroom Rentals in Balaton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Balaton range from $895 to $2,785, while Three Bedroom Homes, Condos, and Townhomes for rent range from $945 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $975.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.