Cheap Apartments for Rent in Balaton, MN from $400 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Balaton.

The Rock Apartments

Southland Court

Aspen Ridge Reserve

Willows Edge

#Eagle Creek Apartments (SD-SF-ECK)(Golf)

Bethel On Bryant

The Nexus
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.

Innovation Village

Briarwood Estates

Suite Liv'n - Marshall

Willows South Commons

Wilmot Estates

Red Skye Lofts

Trails Head

Ridgeview Residence
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Henry Hill Apartments

Sweetgrass Crossing

Forte of Brookings: 50+ Community!

1009 Southland Ln

Windom Landing

Sioux Village

Stone Meadow Apartments

232 Fremont St S
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.

316 N Van Eps Ave

1312 E 5th St

1128 N Minnesota Ave

102 Honeysuckle Ln
Balaton, MN Local Guide

How much does it cost to rent an apartment in Balaton?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Balaton Studio Apartments | $943 | $750 | $1,322 |
Balaton 1 Bedroom Apartments | $1,130 | $725 | $1,980 |
Balaton 2 Bedroom Apartments | $1,454 | $625 | $2,679 |
Balaton 3 Bedroom Apartments | $1,652 | $1,015 | $2,785 |
Balaton 4 Bedroom Apartments | $1,226 | $975 | $2,295 |
Browse Top Apartments in Balaton
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Balaton, MN Local Guide
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Cheapest Available Balaton Apartments for Rent and Nearby
 The cheapest available apartment rental in Balaton, MN is a 2 Beds unit found at RC Square Apartments in the Downtown Marshall neighborhood priced from $625. Southland Court in the Downtown Brookings neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Balaton apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
Southland Court | Studio - B | Studio,1BA | $750 |
Aspen Ridge Reserve | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $760 |
Okabena Tower 40+ | 1 BR/1 BA | 1BR,1BA | $785 |
Willows Edge | Apartment Style Studio | Studio,1BA | $795 |
The Nexus | 233 - Studio B/1 BA | Studio,1BA | $795 |
Bethel On Bryant | Renville - 2/1 | 2BR,1BA | $795 |
Willows South Commons | Studio | Studio,1BA | $850 |
Briarwood Estates | 901 Pearl Ave | 2BR,1BA | $850 |
The Rock Apartments | GF: 2 Bed 1 Bath- Premium | 2BR,1BA | $895 |
Best Value Apartments for Rent in Balaton, MN and Nearby
As of July 24, 2025 the best value apartment in the Balaton area is the $0.92 price per square foot 3x2 Model at 100 W 10th St in the starting from $1,650. The second greatest value Balaton apartment is the 3 Bedroom Model at Red Skye Lofts starting at $1,250 with a $0.91 price per square foot . Here is today’s list of the best values for Balaton apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
100 W 10th St | 3x2 | 3BR,2BA | $0.92 |
Red Skye Lofts | 3 Bedroom | 3BR,1BA | $0.91 |
Eagle Ridge Townhomes | Three Bedroom | 3BR,1.5BA | $0.75 |
Lakeside Apartments | E - 3 Bedroom | 3BR,2BA | $1.14 |
Windom Landing | 2 Bedroom - Upper Level | 2BR,2BA | $0.84 |
Briarwood Apartments | 2 BEDROOM | 2BR,1BA | $0.91 |
Bentley Park | 1 Bedroom 1 Bathroom Upper Level | 1BR,1BA | $1.07 |
Joslyn Heights Apartments | 2 Bed 1 Bath Apartment | 2BR,1BA | $1.07 |
RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
Ridgeview Residence | 1 BEDROOM | 1BR,1BA | $1.11 |
Quick Rent Budget Calculator
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Getting Around Balaton, MN
Walk Score®
6 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
24 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Balaton Apartments
What is the Cheapest Studio apartment in Balaton?
Currently the most affordable Cheap Studio Apartment in Balaton is at Southland Court listed at $750.
How much is rent for a Cheap One Bedroom Balaton Apartment?
The lowest price for a Cheap One Bedroom Balaton Apartment is $760 at Aspen Ridge Reserve.
What is the lowest price for a Cheap Two Bedroom Balaton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Balaton is starting from $625 at RC Square Apartments.
What is the most affordable Balaton Three Bedroom Apartment?
The best deal on a cheap Balaton Three Bedroom Apartment rental is at Eagle Ridge Townhomes and starts from $1,015.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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
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.