
Cheap Homes for Rent in Deephaven, MN from $1,200 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Deephaven.


1027 Smetana Rd
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.

902 9th Ave S

240 8th Ave N

711 11th Ave S

5978 Chasewood Pkwy

2726 Upland Ct
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

8850 Jasmine Ln

2710 Upland Ln N

7243 Bren Ln

1900 Shenandoah Ct
Deephaven, MN Local Guide

How much does it cost to rent a home in Deephaven?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Deephaven 2 Bedroom Homes for Rent | $2,537 | $1,300 | $7,500 |
Deephaven 3 Bedroom Homes for Rent | $2,920 | $2,350 | $3,795 |
Deephaven 4 Bedroom Homes for Rent | $4,022 | $2,795 | $7,495 |
Deephaven 5 Bedroom Homes for Rent | $6,789 | $2,775 | $10,000+ |
Deephaven 6 Bedroom Homes for Rent | $4,400 | $4,400 | $4,400 |
Browse Top Homes for Rent in Deephaven
Explore Deephaven
Deephaven, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $1,080. Hunters Ridge in the Glen Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. 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 | $1,080 |
Hunters Ridge | Jennings | 1BR,1BA | $1,200 |
Bay Pointe Apartments | 1 BR 1BA - Upgraded | 1BR,1BA | $1,290 |
Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1,350 |
Greenwood Manor | One Bedroom B | 1BR,1BA | $1,415 |
Best Value Apartments for Rent in Deephaven, MN and Nearby
As of June 22, 2025 the best value apartment in the Deephaven area is the $4.71 price per square foot Bardwell Model at One West Drive in the in the Pinehurst neighborhood starting from $9,095. The second greatest value Deephaven apartment is the Two Bedroom w/Loft Model at Quayside Wayzata starting at $3,874 with a $2.57 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. |
---|---|---|---|
One West Drive | Bardwell | 3BR,3BA | $4.71 |
Quayside Wayzata | Two Bedroom w/Loft | 2BR,2BA | $2.57 |
Saddlewood Park Townhomes | Hawthorne | 2BR,1.5BA | $1.66 |
Stratford Wood | The Stratford Lodge Townhome | 3BR,1.5BA | $1.61 |
Greenwood Manor | One Bedroom B | 1BR,1BA | $1.26 |
Wayzata Lake Apartments | 2BR/1.0BA | 2BR,1BA | $1.58 |
Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1.71 |
Bay Pointe Apartments | 1 BR 1BA - Upgraded | 1BR,1BA | $1.84 |
Hunters Ridge | Jennings | 1BR,1BA | $1.72 |
Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.55 |
Quick 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.
Frequently Asked Questions about Deephaven
What type of rentals are currently available in Deephaven?
There are currently 65 Apartments for Rent in Deephaven, MN with pricing that ranges from $1,085 to $9,395. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deephaven ranging from $1,250 to $15,975.
What is the current price range for Rental Homes in Deephaven?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Deephaven ranges from $1,250 to $15,975 with an average monthly rent of $3,672.
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.

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.

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.