$450
Total Monthly Price
Total Monthly Price
Base Rent
$450
Utilities & Essentials
Varies
Total Monthly Price
$450
3 Bedroom, 2 Bath Home for Rent
Available Now
808 N 8th St
OliviaMN56277
Cheap Homes for Rent in Balaton, MN from $400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Balaton.
808 N 8th St
OliviaMN56277
1506 Cedar St
BrandonSD57005
723 S 4th Ave
Sioux FallsSD57104
316 N Van Eps Ave
Sioux FallsSD57103
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.
2009 Great Bend Blvd
WindomMN56101
128 NE 3rd St
ColmanSD57017
820 N Cedar St
LuverneMN56156
1110 S Blaine Ave
Sioux FallsSD57103
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.
1114 S Blaine Ave
Sioux FallsSD57103
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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 | $1,122 | $599 | $2,000 |
| Balaton 3 Bedroom Homes for Rent | $1,389 | $450 | $1,999 |
| Balaton 4 Bedroom Homes for Rent | $2,649 | $1,600 | $3,500 |
| Balaton 5 Bedroom Homes for Rent | $3,199 | $2,599 | $3,800 |
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 2 Beds unit found at RC Square Apartments in the Downtown Marshall neighborhood priced from $625. Milwaukee Manor Apartments has the second lowest priced unit, which is a 1 Bed 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 |
| Milwaukee Manor Apartments | 1 bed 1 bath | 1BR,1BA | $750 |
| Aspen Ridge Reserve | Studio Apartment | Studio,1BA | $775 |
Best Value Apartments for Rent in Balaton, MN and Nearby
As of December 26, 2025 the best value apartment in the Balaton area is the $1.16 price per square foot 3 Bed Model at Cloverfield Townhomes in the in the Downtown Brookings neighborhood starting from $2,095. The second greatest value Balaton apartment is the 4 Bedroom - Upper Level Model at Windom Landing starting at $975 with a $0.68 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. |
|---|---|---|---|
| Cloverfield Townhomes | 3 Bed | 3BR,2.5BA | $1.16 |
| Windom Landing | 4 Bedroom - Upper Level | 4BR,2BA | $0.68 |
| 110 W 10th St | Model B | 3BR,2BA | $1.11 |
| 105 Carly Dr | 2 Bed | 2BR,1.5BA | $1.04 |
| Joslyn Heights Apartments | 2 Bed 2 Bath Apartment | 2BR,2BA | $1.12 |
| Bentley Park | 1 Bedroom 1 Bathroom Lower Level | 1BR,1BA | $1.01 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
| Bethel On Bryant | Renville - 2/1 | 2BR,1BA | $0.92 |
| The Rock Apartments | GF: 2 Bed 1 Bath- Premium | 2BR,1BA | $1.07 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $0.99 |
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
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Balaton, MN Rentals by Map
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 73 Apartments for Rent in Balaton, MN with pricing that ranges from $399 to $2,785. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balaton ranging from $450 to $3,800.
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 $450 to $3,800 with an average monthly rent of $1,826.
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 $1,145 to $2,785, while Three Bedroom Homes, Condos, and Townhomes for rent range from $450 to $1,999. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $975.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!