
Cheap Homes for Rent in Mounds View, MN from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Mounds View.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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1601 N Innsbruck Dr
Mounds View - 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!

649 Old Hwy 8

1601 N Innsbruck Dr

1601 N Innsbruck Dr, Unit Black Forest Condos
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 | $1,807 | $1,195 | $2,395 |
Mounds View 3 Bedroom Homes for Rent | $2,410 | $1,892 | $2,999 |
Mounds View 4 Bedroom Homes for Rent | $2,726 | $2,490 | $2,995 |
Mounds View 5 Bedroom Homes for Rent | $2,230 | $700 | $2,995 |
Browse Top Homes for Rent in Mounds View
Explore Mounds View
Mounds View, MN Local Guide
- Mounds View Neighborhoods
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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. 804 6th St NW in the Downtown New Brighton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $989. 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 |
804 6th St NW | 1 Bedroom | 1BR,1BA | $989 |
Pike Lake Apartments | Walleye | 1BR,1BA | $1,021 |
Best Value Apartments for Rent in Mounds View, MN and Nearby
As of May 12, 2025 the best value apartment in the Mounds View area is the $1.69 price per square foot Hansen Model at The View at Long Lake in the in the Long Lake neighborhood starting from $2,095. The second greatest value Mounds View apartment is the 3BD Townhome - Updated Kitchen & Floors Model at Rice Creek Townhouses starting at $1,900 with a $1.58 price per square foot in the Long Lake 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. |
---|---|---|---|
The View at Long Lake | Hansen | 2BR,2BA | $1.69 |
Rice Creek Townhouses | 3BD Townhome - Updated Kitchen & Floors | 3BR,1.5BA | $1.58 |
Sands Apartments | Two Bwdroom | 2BR,1.5BA | $1.52 |
Greenfield Estates | Two Bedroom One Bath | 2BR,1BA | $1.40 |
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 |
Silver Oaks Court Apartments | 1 BD / 1 BA | 1BR,1BA | $1.43 |
Cloverleaf Park Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.69 |
Pike Lake Apartments | Walleye | 1BR,1BA | $1.68 |
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 131 Apartments for Rent in Mounds View, MN with pricing that ranges from $790 to $4,941. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mounds View ranging from $700 to $2,999.
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 $2,999 with an average monthly rent of $2,044.
How much are larger Three and Four Bedroom Rentals in Mounds View?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mounds View range from $1,495 to $2,905, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,892 to $2,999. Four Bedroom Single-Family rentals are also available starting from $2,490 and Four Bedroom Apartments start at $2,800.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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.