316 N Van Eps Ave
Sioux FallsSD57103
Cheap Homes for Rent in Balaton, MN from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Balaton.
1312 E 5th St
Sioux FallsSD57103
1128 N Minnesota Ave
Sioux FallsSD57104
232 Fremont St S
Lake BentonMN56149
102 Honeysuckle Ln
OkabenaMN56161
1514 Cedar St
BrandonSD57005
1326 E 4th St
Sioux FallsSD57103
3034 N Lewis Ave
Sioux FallsSD57104
1428 E 4th St
Sioux FallsSD57103
522 9th Ave
BrandonSD57005
229 E Oak Ave
TylerMN56178
151 Lake Ave
BalatonMN56115
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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 | $1,239 | $850 | $2,350 |
| Balaton 3 Bedroom Homes for Rent | $1,682 | $1,000 | $2,445 |
| Balaton 4 Bedroom Homes for Rent | $2,494 | $1,695 | $4,500 |
| Balaton 5 Bedroom Homes for Rent | $4,781 | $4,500 | $4,995 |
Browse Top Homes for Rent 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 |
Best Value Apartments for Rent in Balaton, MN and Nearby
As of July 23, 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 |
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Frequently Asked Questions about Balaton
What type of rentals are currently available in Balaton?
There are currently 66 Apartments for Rent in Balaton, MN with pricing that ranges from $625 to $2,785. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balaton ranging from $850 to $4,995.
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 $850 to $4,995 with an average monthly rent of $2,319.
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 $1,015 to $2,785, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,445. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $975.
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.