Cheap Homes for Rent in Mahtomedi, MN from $1,500 (11 Rentals)

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

property at 542 Hazel St N

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Townhome for Rent

Available Now

542 Hazel St N

St. PaulMN55119
property at 2193 1st St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 1 Bath Home for Rent

Available Now

2193 1st St

White Bear LakeMN55110
property at 1326 Clarence St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

3 Bedroom, 1 Bath Home for Rent

Available Jun 1

1326 Clarence St

St. PaulMN55106
property at 623 Maryland Ave E

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

3 Bedroom, 1 Bath Home for Rent

Available Now

623 Maryland Ave E

St. PaulMN55130
property at 137 Skyline Dr

$1,955

Total Monthly Price

Total Monthly Price

Base Rent
$1,955

Total Monthly Price
$1,955

3 Bedroom, 2 Bath Home for Rent

Available Now

137 Skyline Dr

St. PaulMN55127

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.

property at 571 County Rd B E

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

3 Bedroom, 1 Bath Townhome for Rent

Available Now

571 County Rd B E

MaplewoodMN55117
property at 4140 Rice St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom, 3 Bath Townhome for Rent

Available Now

4140 Rice St

St. PaulMN55126
property at 154 Cimarron

$1,999

Total Monthly Price

Total Monthly Price

Base Rent
$1,999

Total Monthly Price
$1,999

3 Bedroom, 2.5 Bath Home for Rent

Available Now

154 Cimarron

Lake ElmoMN55042
property at 691 Cimarron

$1,999

Total Monthly Price

Total Monthly Price

Base Rent
$1,999

Total Monthly Price
$1,999

3 Bedroom, 2 Bath Home for Rent

Available Now

691 Cimarron

Lake ElmoMN55042
property at 1168 Lane Pl

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

3 Bedroom, 1 Bath Home for Rent

Available Now

1168 Lane Pl

St. PaulMN55106

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 14891 Generation Ave N

$2,197

Total Monthly Price

Total Monthly Price

Base Rent
$2,197

Total Monthly Price
$2,197

2 Bedroom, 2 Bath Townhome for Rent

Available Now

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 Village Manor Apartments in the Ledgestone neighborhood priced from $1,104. Cherry Court Apartments in the Ledgestone neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,204. Here is today’s list of the most affordable Mahtomedi apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Village Manor ApartmentsHamlet1BR,1BA$1,104
Cherry Court ApartmentsThe Apple1BR,1BA$1,204
Northgate Crossing ApartmentsRenovated Large 1 Bedroom1BR,1BA$1,239
Vista Point1 Bedroom 1 Bathroom1BR,1BA$1,280
Cedric's LandingStudio, 1 BathroomStudio,1BA$1,404

Best Value Apartments for Rent in Mahtomedi, MN and Nearby

As of May 22, 2026 the best value apartment in the Mahtomedi area is the $1.85 price per square foot INK Model at Article No. 7 in the in the Ledgestone neighborhood starting from $2,163. The second greatest value Mahtomedi apartment is the 2/2 A Model at Lakewood Hills Apartments starting at $1,700 with a $1.68 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.
Article No. 7INK2BR,2BA$1.85
Lakewood Hills Apartments2/2 A2BR,2BA$1.68
Eastgate Apartments2 Bedroom Renovated2BR,1BA$1.63
Bellaire EstatesRenovated Large 2 Bedroom2BR,1BA$1.56
The Sentinel ResidenceA61BR,1BA$1.93
Central Village Apartments2 Bed Renovated - 25142BR,2BA$1.95
BRIARCLIFF APARTMENTSWalnut2BR,1BA$1.96
Vista Point1 Bedroom 1 Bathroom1BR,1BA$1.95
Cherry Court ApartmentsThe Apple1BR,1BA$1.85
Northgate Crossing ApartmentsRenovated Large 1 Bedroom1BR,1BA$2.21

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.

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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.

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Real 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 Article
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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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Frequently Asked Questions about Mahtomedi

What type of rentals are currently available in Mahtomedi?

There are currently 61 Apartments for Rent in Mahtomedi, MN with pricing that ranges from $875 to $2,869. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mahtomedi ranging from $1,500 to $7,000.

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 $1,500 to $7,000 with an average monthly rent of $3,829.

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.

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