
Cheap Apartments for Rent near Deephaven, MN from $800 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Deephaven.


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Hunters Ridge

Bay Pointe Apartments

Highcroft Manor

Total Monthly Price
Wayzata Woods

Wayzata Lake Apartments

Morse Manor

Total Monthly Price
Excelsior Shores
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One West Drive

317 2nd St

Boardwalk Senior Apartments

Excelsior Lake

Wayzata Terrace Apartments

Tonkaway Apartments

Glenbrook

Excelsior Manor Apartments
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Stratford Wood

930 Westbrooke Way

1007 11th Ave S

4407 Wilshire Blvd

6010 Chasewood Pkwy

3524 County Rd 101

7689 Nicholas Way

704 Robinwood Ln
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Deephaven, MN Local Guide

How much does it cost to rent an apartment in Deephaven?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Deephaven Studio Apartments | $1,589 | $1,090 | $1,950 |
| Deephaven 1 Bedroom Apartments | $1,868 | $1,105 | $4,250 |
| Deephaven 2 Bedroom Apartments | $4,620 | $1,255 | $8,750 |
| Deephaven 3 Bedroom Apartments | $9,018 | $4,500 | $10,000+ |
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Deephaven, MN Local Guide
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Cheapest Available Deephaven Apartments for Rent and Nearby
 The cheapest available apartment rental in Deephaven, MN is a 1 Bed unit found at Christmas Lake Manor Apartments in the Pinehurst neighborhood priced from $1,075. Hunters Ridge in the Glen Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,090. Here is today’s list of the most affordable Deephaven apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1,075 |
| Hunters Ridge | Crystal | Studio,1BA | $1,090 |
| Stratford Wood | Glenn | 2BR,1BA | $1,353 |
| Wayzata Woods | 1 Bedroom & 1 Bath - 60% AMI | 1BR,1BA | $1,400 |
| Morse Manor | One bedroom, one bathroom | 1BR,1BA | $1,595 |
Best Value Apartments for Rent in Deephaven, MN and Nearby
As of August 04, 2026 the best value apartment in the Deephaven area is the $7.03 price per square foot Altair - Penthouse Model at Norra in the in the Groveland neighborhood starting from $14,158. The second greatest value Deephaven apartment is the Two Bedroom w/Loft Model at Quayside Wayzata starting at $3,874 with a $2.28 price per square foot in the Groveland neighborhood. Here is today’s list of the best values for Deephaven apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Norra | Altair - Penthouse | 3BR,3BA | $7.03 |
| Quayside Wayzata | Two Bedroom w/Loft | 2BR,2BA | $2.28 |
| Wayzata Woods | 1 Bedroom & 1 Bath - 60% AMI | 1BR,1BA | $1.89 |
| Stratford Wood | Timberland | 1BR,1BA | $1.97 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.54 |
| Morse Manor | One bedroom, one bathroom | 1BR,1BA | $2.55 |
| Hunters Ridge | Crystal | Studio ,1BA | $1.94 |
| One West Drive | Bertram | Studio ,1BA | $4.53 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleReal 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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Deephaven, MN Rentals by Map
See the most popular apartments and homes in Deephaven, MN
Frequently Asked Questions about Cheap Deephaven Apartments
How much is rent for a Cheap One Bedroom Deephaven Apartment?
The lowest price for a Cheap One Bedroom Deephaven Apartment is $1,075 at Christmas Lake Manor Apartments.
What is the lowest price for a Cheap Two Bedroom Deephaven Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Deephaven is starting from $1,353 at Stratford Wood.
What is the most affordable Deephaven Three Bedroom Apartment?
The best deal on a cheap Deephaven Three Bedroom Apartment rental is at Stratford Wood and starts from $1,848.
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.
Helpful Local Expert Guides

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.