
Cheap Apartments for Rent in Mahtomedi, MN from $500 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Mahtomedi.


BRIARCLIFF APARTMENTS

Piccadilly Square 62+ Senior Living

Mahtomedi Flats

Geneva Village

Total Monthly Price
Northgate Crossing Apartments

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Cherry Court Apartments

Eastgate Apartments

Griffin Court Apartments
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.

2269 11th Ave E, Unit #1

Central Village Apartments

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Lakewood Hills Apartments

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Cedric's Landing

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Bellaire Estates

Total Monthly Price
Article No. 7

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The Espen Residences

4806 Helmo Ave N

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4806 Helmo Ave N, Unit Large Lower Level Apartment
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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Birch Glen Apartments

The Sentinel Residence

Total Monthly Price
Lakewood Place Apartments

Manitou Ridge Apartments

Bellaire Twin Homes

Midtown Apartments

Cypress Senior Living Apartments

Village Manor Apartments

969 Lawson Ave E
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.

207 Maple St

1133 Beech St

17th Avenue Flats

Arbors of White Bear Lake

542 Hazel St N

Lake Square Senior Apartments

555 Lake Cove Ct

2193 1st St

623 Maryland Ave E
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Mahtomedi, MN Local Guide

How much does it cost to rent an apartment in Mahtomedi?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mahtomedi Studio Apartments | $1,493 | $1,254 | $1,675 |
| Mahtomedi 1 Bedroom Apartments | $1,506 | $875 | $2,025 |
| Mahtomedi 2 Bedroom Apartments | $1,909 | $975 | $2,809 |
| Mahtomedi 3 Bedroom Apartments | $2,338 | $1,795 | $2,969 |
Browse Top Apartments in Mahtomedi
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Mahtomedi, MN Local Guide
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Cheapest Available Mahtomedi Apartments for Rent and Nearby
 The cheapest available apartment rental in Mahtomedi, MN is a 1 Bed unit found at Village Manor Apartments in the Ledgestone neighborhood priced from $1,104. Northgate Crossing Apartments in the Ledgestone neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,239. Here is today’s list of the most affordable Mahtomedi apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Manor Apartments | Hamlet | 1BR,1BA | $1,104 |
| Northgate Crossing Apartments | Renovated Medium 1 Bedroom | 1BR,1BA | $1,239 |
| Cherry Court Apartments | The Apple | 1BR,1BA | $1,249 |
| Central Village Apartments | 2 Bed Gold | 2BR,1BA | $1,375 |
| Cedric's Landing | Studio, 1 Bathroom | Studio,1BA | $1,404 |
| Vista Point | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,420 |
| BRIARCLIFF APARTMENTS | Walnut | 2BR,1BA | $1,485 |
| The Espen Residences | Cypress | Studio,1BA | $1,499 |
| Eastgate Apartments | 2 Bedroom Renovated | 2BR,1BA | $1,525 |
| Mahtomedi Flats | The Dahlia | 1BR,1BA | $1,633 |
Best Value Apartments for Rent in Mahtomedi, MN and Nearby
As of June 23, 2026 the best value apartment in the Mahtomedi area is the $1.82 price per square foot 2/2 C Model at Lakewood Hills Apartments in the in the Ledgestone neighborhood starting from $1,965. The second greatest value Mahtomedi apartment is the B4 Model at The Sentinel Residence starting at $2,025 with a $2.03 price per square foot in the Ledgestone neighborhood. Here is today’s list of the best values for Mahtomedi apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lakewood Hills Apartments | 2/2 C | 2BR,2BA | $1.82 |
| The Sentinel Residence | B4 | 1BR,1BA | $2.03 |
| Eastgate Apartments | 2 Bedroom Renovated | 2BR,1BA | $1.63 |
| Central Village Apartments | 2 Bed Renovated - 2514 | 2BR,2BA | $1.95 |
| BRIARCLIFF APARTMENTS | Walnut | 2BR,1BA | $1.88 |
| Mahtomedi Flats | The Dahlia | 1BR,1BA | $2.26 |
| Vista Point | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.16 |
| Cherry Court Apartments | The Apple | 1BR,1BA | $1.92 |
| Northgate Crossing Apartments | Medium 1 Bedroom 1 Bath | 1BR,1BA | $2.36 |
| Village Manor Apartments | Hamlet | 1BR,1BA | $2.24 |
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 ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
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
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.
Best Local Schools in Mahtomedi, MN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mahtomedi, MN Rentals by Map
See the most popular apartments and homes in Mahtomedi, MN
Frequently Asked Questions about Cheap Mahtomedi Apartments
How much is rent for a Cheap One Bedroom Mahtomedi Apartment?
The lowest price for a Cheap One Bedroom Mahtomedi Apartment is $1,104 at Village Manor Apartments.
What is the lowest price for a Cheap Two Bedroom Mahtomedi Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mahtomedi is starting from $1,299 at Village Manor Apartments.
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

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.

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

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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

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Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move
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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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.