Cheap Homes for Rent in Mound, MN from $1,400 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in Mound.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Mound - One of the Best Affordable Neighborhoods in Minneapolis

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

Mound, MN Local Guide

Cheapest Available Mound Apartments for Rent

 

The cheapest available apartment rental in Mound, MN is a 1 Bed unit found at Christmas Lake Manor Apartments in the Pinehurst neighborhood priced from $1,080. Hunters Ridge in the Glen Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,085. Here is today’s list of the most affordable Mound apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1,080
Hunters RidgeCrystalStudio,1BA$1,085
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1,095

Best Value Apartments for Rent in Mound, MN

As of May 19, 2025 the best value apartment in the Mound area is the $1.62 price per square foot 2BR/2.0BA Model at Powers Ridge Rental Condos in the in the Pinehurst neighborhood starting from $1,895. The second greatest value Mound apartment is the One Bedroom B Model at Greenwood Manor starting at $1,415 with a $1.26 price per square foot in the Laketown Colonial Townhomes neighborhood. Here is today’s list of the best values for Mound apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Powers Ridge Rental Condos2BR/2.0BA2BR,2BA$1.62
Greenwood ManorOne Bedroom B1BR,1BA$1.26
Bayview Apartments2BR2BR,2BA$1.51
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1.25
Wayzata Lake Apartments2BR/1.0BA2BR,1BA$1.66
Harbor District ApartmentsLakeside One Bedroom with Bosch W/D1BR,1BA$1.70
Shoreline Place2 bedroom / 1 bath2BR,1BA$1.73
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1.56
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1.55
2128 Belmont Ln, Unit apt #B2128 Belmont Ln1BR,1BA$1.47

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Mound

What type of rentals are currently available in Mound?

There are currently 67 Apartments for Rent in Mound, MN with pricing that ranges from $995 to $9,395. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mound ranging from $1,495 to $17,500.

What is the current price range for Rental Homes in Mound?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mound ranges from $1,495 to $17,500 with an average monthly rent of $4,259.

How much are larger Three and Four Bedroom Rentals in Mound?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Mound range from $1,350 to $9,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $3,100.

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.