Cheap Homes for Rent in Mahtomedi, MN from $1,000 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Mahtomedi.

property at 754 Payne Ave

$1,063

Total Monthly Price

Total Monthly Price

Base Rent
$1,063

Total Monthly Price
$1,063

1 Bedroom, 1 Bath Townhome for Rent

Available Now

754 Payne Ave

St. PaulMN55164
property at 1164 7th St E

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

Studio, 1 Bath Townhome for Rent

Available Now

1164 7th St E

St. PaulMN55106
property at 600 Koehler Rd

$1,299

Total Monthly Price

Total Monthly Price

Base Rent
$1,299

Total Monthly Price
$1,299

2 Bedroom, 1 Bath Townhome for Rent

Available Now

600 Koehler Rd

Vadnais HeightsMN55127
property at 6248-6250 45th St N

$1,575

Total Monthly Price

Total Monthly Price

Base Rent
$1,575

Total Monthly Price
$1,575

2 Bedroom, 1 Bath Townhome for Rent

Available Jan 15, 2026

6248-6250 45th St N

OakdaleMN55128
property at 1856 Clear Ave E

$1,645

Total Monthly Price

Total Monthly Price

Base Rent
$1,645

Total Monthly Price
$1,645

2 Bedroom, 1 Bath Home for Rent

Available Now

1856 Clear Ave E

St. PaulMN55119

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.

property at 13037 Europa Trail Way N

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

property at 309 Bankers Dr

$1,805

Total Monthly Price

Total Monthly Price

Base Rent
$1,805

Total Monthly Price
$1,805

3 Bedroom, 2 Bath Home for Rent

Available Now

309 Bankers Dr

St. PaulMN55127
property at 1403 Barclay St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

2 Bedroom, 2 Bath Home for Rent

Available Now

1403 Barclay St

St. PaulMN55106

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.

Mahtomedi, MN Local Guide

Cheapest Available Mahtomedi Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mahtomedi, MN is a 1 Bed unit found at Geneva Village in the Ledgestone neighborhood priced from $875. Cedrics Landing in the Ledgestone neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $990. Here is today’s list of the most affordable Mahtomedi apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Geneva Village1 Bed, 1 bath1BR,1BA$875
Cedrics LandingStudioStudio,1BA$990
17th Avenue Flats2 BR2BR,1BA$1,100
Cherry Court ApartmentsStudioStudio,1BA$1,250
Village Manor ApartmentsChateau2BR,1BA$1,300

Best Value Apartments for Rent in Mahtomedi, MN and Nearby

As of December 25, 2025 the best value apartment in the Mahtomedi area is the $1.99 price per square foot Pebble - Townhome Model at The Espen Residences in the in the Ledgestone neighborhood starting from $2,469. The second greatest value Mahtomedi apartment is the C1 Model at The Sentinel Residence starting at $2,199 with a $1.90 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Espen ResidencesPebble - Townhome2BR,1.5BA$1.99
The Sentinel ResidenceC12BR,2BA$1.90
Lakewood Hills Apartments2/2 A2BR,2BA$1.82
17th Avenue Flats2 BR2BR,1BA$1.17
Bellaire EstatesRenovated 2 Bedroom 1 Bath2BR,1BA$1.66
Central Village Apartments2 Bed - 25102BR,1BA$1.86
Geneva Village1 Bed, 1 bath1BR,1BA$1.27
Lakewood Place ApartmentsCedar - One Bedroom (ADA)1BR,1BA$2.05
Village Manor ApartmentsChateau2BR,1BA$2.02
Cedrics LandingStudioStudio ,1BA$1.95

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
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

Enjoy 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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mahtomedi, MN Rentals by Map

View Map
Mahtomedi, MN Apartments Map
View Map
Mahtomedi, MN Rental Homes Map

Frequently Asked Questions about Mahtomedi

What type of rentals are currently available in Mahtomedi?

There are currently 62 Apartments for Rent in Mahtomedi, MN with pricing that ranges from $875 to $2,925. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mahtomedi ranging from $1,063 to $6,899.

What is the current price range for Rental Homes in Mahtomedi?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mahtomedi ranges from $1,063 to $6,899 with an average monthly rent of $2,825.

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

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

decorative image for Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters article

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.

decorative image for Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers article

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.

decorative image for Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes article

Authentic Minneapolis: An Insiders 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.

Articles, How-To's, and Tips

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!