
Cheap Homes for Rent in Deephaven, MN from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Deephaven.


906 9th Ave S

15280 Lesley Ln
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

120 Inglewood St

193 3rd St

5420 Mallard Ln
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Deephaven, MN Local Guide

How much does it cost to rent a home in Deephaven?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Deephaven 2 Bedroom Homes for Rent | $1,806 | $1,350 | $2,400 |
| Deephaven 3 Bedroom Homes for Rent | $4,523 | $1,950 | $8,000 |
| Deephaven 4 Bedroom Homes for Rent | $6,321 | $2,700 | $10,000+ |
| Deephaven 5 Bedroom Homes for Rent | $5,419 | $2,400 | $10,000+ |
| Deephaven 6 Bedroom Homes for Rent | $9,347 | $3,700 | $10,000+ |
Browse Top Homes for Rent in Deephaven
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Deephaven, MN Local Guide
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Cheapest Available Deephaven Apartments for Rent and Nearby
 The cheapest available apartment rental in Deephaven, MN is a 1 Bed unit found at Christmas Lake Manor Apartments in the Pinehurst neighborhood priced from $1,080. Bay Pointe Apartments in the Pinehurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,110. Here is today’s list of the most affordable Deephaven apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1,080 |
| Bay Pointe Apartments | 1BR / 1BA | 1BR,1BA | $1,110 |
| Hunters Ridge | Jennings | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Deephaven, MN and Nearby
As of December 29, 2025 the best value apartment in the Deephaven area is the $1.67 price per square foot Windsor Model at Saddlewood Park Townhomes in the in the Glen Lake neighborhood starting from $2,395. The second greatest value Deephaven apartment is the 2BR/2.0BA Model at Highcroft Manor Apartments Located in Wayzata, MN starting at $1,550 with a $1.50 price per square foot in the Groveland neighborhood. Here is today’s list of the best values for Deephaven apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Saddlewood Park Townhomes | Windsor | 3BR,2.5BA | $1.67 |
| Highcroft Manor Apartments Located in Wayzata, MN | 2BR/2.0BA | 2BR,2BA | $1.50 |
| 190 Wayzata Blvd E, Unit 9 | 190 Wayzata Blvd E | 1BR,1BA | $1.51 |
| Excelsior Manor Apartments | 2BR 1BA - 1st Floor | 2BR,1BA | $1.60 |
| Greenwood Manor | One Bedroom A | 1BR,1BA | $1.59 |
| Wayzata Lake Apartments | 1BR/1.0BA | 1BR,1BA | $2.11 |
| Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1.70 |
| Bay Pointe Apartments | 1 BR 1BA - 1st Floor - Upgraded | 1BR,1BA | $1.89 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.55 |
| Hunters Ridge | Jennings | 1BR,1BA | $1.80 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Deephaven, MN Rentals by Map
See the most popular apartments and homes in Deephaven, MN
Frequently Asked Questions about Deephaven
What type of rentals are currently available in Deephaven?
There are currently 65 Apartments for Rent in Deephaven, MN with pricing that ranges from $1,075 to $9,250. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deephaven ranging from $1,150 to $15,000.
What is the current price range for Rental Homes in Deephaven?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Deephaven ranges from $1,150 to $15,000 with an average monthly rent of $4,761.
Expert Rental Resources
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.
Helpful Local Expert Guides

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!