800 W 12th St
Sioux FallsSD57104
Cheap Homes for Rent in Balaton, MN from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Balaton.
407 N Covell Ave
Sioux FallsSD57104
1300 E 6th St
Sioux FallsSD57103
616 S Duluth Ave
Sioux FallsSD57104
1329 E 4th St
Sioux FallsSD57103
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
301 S Park Ave
SpringfieldMN56087
506 N French Ave
Sioux FallsSD57103
3034 N Lewis Ave
Sioux FallsSD57104
1308 E 4th St
Sioux FallsSD57103
605 E 14th St
Sioux FallsSD57104
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
2608 N Career Ave
Sioux FallsSD57107
350 Mound Ave
BalatonMN56115
5213 W 54th St
Sioux FallsSD57107
919 S Sherman Ave
Sioux FallsSD57104
328 N Blauvelt Ave
Sioux FallsSD57103
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
403 9th Ave
BrandonSD57005
1409 E Nye St
Sioux FallsSD57103
Showing Results 1-17, Page 1 of 1
Balaton, MN Local Guide
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How much does it cost to rent a home in Balaton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balaton 2 Bedroom Homes for Rent | $1,350 | $1,050 | $2,400 |
| Balaton 3 Bedroom Homes for Rent | $1,496 | $1,100 | $1,995 |
| Balaton 4 Bedroom Homes for Rent | $2,364 | $1,800 | $3,595 |
| Balaton 5 Bedroom Homes for Rent | $3,731 | $3,400 | $3,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Balaton
Explore Balaton
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 Studio unit found at Ridgeview Place Apartments in the Mystic Meadows neighborhood priced from $599. RC Square Apartments in the Downtown Marshall neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here is today’s list of the most affordable Balaton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgeview Place Apartments | 0BR/1.0BA | Studio,1BA | $599 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
| Sunshine Apartments | 1 Bedroom and 1 bathroom | 1BR,1BA | $725 |
| Wildwood Apartments | 1BR/1.0BA | 1BR,1BA | $725 |
| Aspen Ridge Reserve | Studio Apartment | Studio,1BA | $730 |
Best Value Apartments for Rent in Balaton, MN and Nearby
As of May 15, 2026 the best value apartment in the Balaton area is the $1.00 price per square foot 3x2 Model at 100 W 10th St in the starting from $1,595. The second greatest value Balaton apartment is the Model B Model at 110 W 10th St starting at $1,595 with a $1.19 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 | $1.00 |
| 110 W 10th St | Model B | 3BR,2BA | $1.19 |
| Windom Landing | 2 Bedroom - Upper Level | 2BR,2BA | $0.84 |
| Parkview Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.80 |
| Joslyn Heights Apartments | 2 Bed 2 Bath Apartment | 2BR,2BA | $1.19 |
| Bentley Park | 1 Bedroom 1 Bathroom Lower Level | 1BR,1BA | $1.05 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
| Red Skye Lofts | 2 Bedroom | 2BR,1BA | $1.12 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $0.99 |
| Bethel On Bryant | Renville - 1/1 | 1BR,1BA | $0.96 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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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See the most popular apartments and homes in Balaton, MN
Frequently Asked Questions about Balaton
What type of rentals are currently available in Balaton?
There are currently 83 Apartments for Rent in Balaton, MN with pricing that ranges from $525 to $3,005. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balaton ranging from $700 to $3,995.
What is the current price range for Rental Homes in Balaton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Balaton ranges from $700 to $3,995 with an average monthly rent of $1,930.
How much are larger Three and Four Bedroom Rentals in Balaton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Balaton range from $1,065 to $2,785, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $1,995. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,350.
Expert Rental Resources
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.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.