
Cheap Homes for Rent in Mahtomedi, MN from $1,600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Mahtomedi.


1634 Helena Rd N

4964 Emmit Dr N

1172 Rose Ave E

345 Bankers Dr

766 Parkside Dr

325 Bankers Dr

2137 3rd St E

2473 Buffalo St

1375 Edgerton St
Mahtomedi
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

2072 Fremont Ave E
Mahtomedi, MN Local Guide

How much does it cost to rent a home in Mahtomedi?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Mahtomedi 2 Bedroom Homes for Rent | $1,888 | $1,600 | $2,499 |
Mahtomedi 3 Bedroom Homes for Rent | $2,544 | $1,595 | $3,500 |
Mahtomedi 4 Bedroom Homes for Rent | $2,720 | $2,100 | $4,200 |
Mahtomedi 5 Bedroom Homes for Rent | $4,239 | $3,000 | $5,900 |
Browse Top Homes for Rent in Mahtomedi
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Mahtomedi, MN Local Guide
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Cheapest Available Mahtomedi Apartments for Rent and Nearby
 The cheapest available apartment rental in Mahtomedi, MN is a 1 Bed unit found at Northgate Crossing Apartments in the Hazel Park neighborhood priced from $1,089. Village Manor Apartments in the Hazel Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Mahtomedi apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Northgate Crossing Apartments | Large 1 Bedroom 1 Bath | 1BR,1BA | $1,089 |
Village Manor Apartments | Hamlet | 1BR,1BA | $1,100 |
Cherry Court Apartments | The Apple | 1BR,1BA | $1,295 |
Bellaire Estates | Renovated 1 Bedroom 1 Bath | 1BR,1BA | $1,304 |
The Espen Residences | Cypress | Studio,1BA | $1,335 |
Best Value Apartments for Rent in Mahtomedi, MN and Nearby
As of April 15, 2025 the best value apartment in the Mahtomedi area is the $1.74 price per square foot Maple - Two Bedroom-Two Bath Model at Lakewood Place Apartments in the in the Ledgestone neighborhood starting from $1,940. The second greatest value Mahtomedi apartment is the 2/2 A Model at Lakewood Hills Apartments starting at $1,865 with a $1.85 price per square foot in the Ledgestone neighborhood. Here is today’s list of the best values for Mahtomedi apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Lakewood Place Apartments | Maple - Two Bedroom-Two Bath | 2BR,2BA | $1.74 |
Lakewood Hills Apartments | 2/2 A | 2BR,2BA | $1.85 |
Eastgate Apartments-Oakdale | 2 Bedroom | 2BR,1BA | $1.44 |
Vista Point | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.71 |
Briarcliff Apartments, a 55+ Community | Tamarack (3D) | 3BR,1BA | $1.82 |
2197 4th St, Unit 1 | 2197 4th St | 2BR,1BA | $1.75 |
Cedrics Landing | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.73 |
The Sentinel Residence | A3 | 1BR,1BA | $2.09 |
Bellaire Estates | Renovated 1 Bedroom 1 Bath | 1BR,1BA | $1.82 |
Cherry Court Apartments | The Apple | 1BR,1BA | $1.99 |
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Frequently Asked Questions about Mahtomedi
What type of rentals are currently available in Mahtomedi?
There are currently 67 Apartments for Rent in Mahtomedi, MN with pricing that ranges from $800 to $3,638. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mahtomedi ranging from $1,595 to $5,900.
What is the current price range for Rental Homes in Mahtomedi?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mahtomedi ranges from $1,595 to $5,900 with an average monthly rent of $2,847.
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.

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.

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.