
Cheap Homes for Rent in Mounds View, MN from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Mounds View.


1601 N Innsbruck Dr

649 Old Hwy 8

1033 Thorndale Ave

1347 87th Ave NE
Mounds View
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!
Mounds View, MN Local Guide

How much does it cost to rent a home in Mounds View?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Mounds View 2 Bedroom Homes for Rent | $1,698 | $1,495 | $1,825 |
Mounds View 3 Bedroom Homes for Rent | $2,316 | $1,850 | $2,750 |
Mounds View 4 Bedroom Homes for Rent | $2,754 | $2,005 | $3,360 |
Mounds View 5 Bedroom Homes for Rent | $2,806 | $2,600 | $2,995 |
Browse Top Homes for Rent in Mounds View
Explore Mounds View
Mounds View, MN Local Guide
- Mounds View Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Mounds View Apartments for Rent and Nearby
 The cheapest available apartment rental in Mounds View, MN is a Studio unit found at 89 Lexington Lakes in the Crescent Ponds Heritage neighborhood priced from $790. New Brighton Apartments in the Downtown New Brighton neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Mounds View apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
89 Lexington Lakes | Studio | Studio,1BA | $790 |
New Brighton Apartments | Studio | Studio,1BA | $895 |
Pike Lake Apartments | Walleye | 1BR,1BA | $1,011 |
Best Value Apartments for Rent in Mounds View, MN and Nearby
As of March 22, 2025 the best value apartment in the Mounds View area is the $1.58 price per square foot 3BD Townhome - Updated Kitchen & Floors Model at Rice Creek Townhouses in the in the Long Lake neighborhood starting from $1,900. The second greatest value Mounds View apartment is the 2 Bed/ 2 Bath Model at Cloverleaf Park Apartments starting at $1,599 with a $1.51 price per square foot in the Oak Park neighborhood. Here is today’s list of the best values for Mounds View apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Rice Creek Townhouses | 3BD Townhome - Updated Kitchen & Floors | 3BR,1.5BA | $1.58 |
Cloverleaf Park Apartments | 2 Bed/ 2 Bath | 2BR,2BA | $1.51 |
Brighton Pond Apartments | Mapleton | 2BR,2BA | $1.29 |
Ridgewood Apartments | 2 Bedroom Apartment | 2BR,1BA | $1.43 |
55+ Community - The Landings on Ninth | 2 Beds, 2 baths | 2BR,2BA | $1.35 |
Cottages of Spring Lake Park - 55+ | Two bedroom | 2BR,1BA | $1.32 |
MV Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.29 |
L7 Flats | 2 Bedroom | 2BR,1BA | $1.59 |
Fountain Terrace Apartments! | 2BR/1.0BA | 2BR,1BA | $1.72 |
Pike Lake Apartments | Walleye | 1BR,1BA | $1.66 |
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.
Frequently Asked Questions about Mounds View
What type of rentals are currently available in Mounds View?
There are currently 130 Apartments for Rent in Mounds View, MN with pricing that ranges from $790 to $3,390. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mounds View ranging from $700 to $3,360.
What is the current price range for Rental Homes in Mounds View?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mounds View ranges from $700 to $3,360 with an average monthly rent of $2,141.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.