2800 W McClellan St
Sioux FallsSD57104
Cheap Homes for Rent in Balaton, MN from $900 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Balaton.
713-715 W 16th St
Sioux FallsSD57104
350 Mound Ave
BalatonMN56115
506 N French Ave
Sioux FallsSD57103
3034 N Lewis Ave
Sioux FallsSD57104
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.
605 E 14th St
Sioux FallsSD57104
1308 E 4th St
Sioux FallsSD57103
1420 E Redwood Blvd
BrandonSD57005
1424 E Redwood Blvd
BrandonSD57005
4230 N Jans Dr
Sioux FallsSD57107
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.
1304 N Duluth Ave
Sioux FallsSD57104
919 S Sherman Ave
Sioux FallsSD57104
624 E 14th St
Sioux FallsSD57104
906 W 10th St
Sioux FallsSD57104
1419 N Conifer Pl
Sioux FallsSD57107
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.
3205 S Covell Ave
Sioux FallsSD57105
928 N Spring Ave
Sioux FallsSD57104
Showing Results 1-17, Page 1 of 1
Balaton, MN Local Guide
Sun through the prairie grass by controltheweb is licensed under CC BY 2.0
How much does it cost to rent a home in Balaton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balaton 2 Bedroom Homes for Rent | $1,269 | $995 | $1,600 |
| Balaton 3 Bedroom Homes for Rent | $1,640 | $1,300 | $2,295 |
| Balaton 4 Bedroom Homes for Rent | $2,379 | $1,595 | $3,595 |
| Balaton 5 Bedroom Homes for Rent | $3,265 | $2,000 | $3,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Balaton, MN Local Guide
- Nearby Cities
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Cheapest Available Balaton Apartments for Rent and Nearby
The cheapest available apartment rental in Balaton, MN is a 1 Bed unit found at 512 Vernon Ave priced from $595. Ridgeview Place Apartments in the Mystic Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $599. Here is today’s list of the most affordable Balaton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 512 Vernon Ave | One Bedroom | 1BR,1BA | $595 |
| Ridgeview Place Apartments | 0BR/1.0BA | Studio,1BA | $599 |
| Sunshine Apartments | 1 Bedroom and 1 bathroom | 1BR,1BA | $725 |
| Bethel On Bryant | Renville - 1/1 | 1BR,1BA | $745 |
| Suite Liv'n - Marshall | One Bedroom | 1BR,1BA | $775 |
Best Value Apartments for Rent in Balaton, MN and Nearby
As of July 09, 2026 the best value apartment in the Balaton area is the $0.85 price per square foot Two Bedroom, Handicap Model at Paris Park Townhomes in the in the Downtown Marshall neighborhood starting from $1,180. The second greatest value Balaton apartment is the Three Bedroom Model at Eagle Ridge Townhomes starting at $1,065 with a $0.79 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. |
|---|---|---|---|
| Paris Park Townhomes | Two Bedroom, Handicap | 2BR,1.5BA | $0.85 |
| Eagle Ridge Townhomes | Three Bedroom | 3BR,1.5BA | $0.79 |
| 100 W 10th St | 2x1.5 | 2BR,1.5BA | $1.09 |
| Windom Landing | 2 Bedroom - Lower Level ADA | 2BR,2BA | $0.89 |
| Bentley Park | 1 Bedroom 1 Bathroom Lower Level | 1BR,1BA | $1.05 |
| Nobles Square Apartments | 2 Bedroom | 2BR,1BA | $1.09 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $0.99 |
| 512 Vernon Ave | Two Bedroom | 2BR,1BA | $0.87 |
| Bethel On Bryant | Renville - 1/1 | 1BR,1BA | $0.96 |
| Red Skye Lofts | 1 Bedroom | 1BR,1BA | $1.12 |
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 85 Apartments for Rent in Balaton, MN with pricing that ranges from $595 to $3,005. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balaton ranging from $995 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 $995 to $3,995 with an average monthly rent of $2,138.
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 $1,150 to $2,785, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,595 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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.