Cheap Homes for Rent in Mound, MN from $1,200 (7 Rentals)

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

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 64 E 13th St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Townhome for Rent

Available Now

64 E 13th St

WaconiaMN55387
property at 4407 Wilshire Blvd

$1,195 - $1,775

Total Monthly Price

Total Monthly Price

Base Rent
$1,775

Total Monthly Price
$1,775

2 Bedroom Rentals

Available Now

4407 Wilshire Blvd

MoundMN55364

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 7689 Nicholas Way

$2,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 2 Bath Townhome for Rent

Available Now

7689 Nicholas Way

ChanhassenMN55317

Mound, MN Local Guide

Cheapest Available Mound Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mound, MN is a 2 Beds unit found at Shoreline Place in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,059. Christmas Lake Manor Apartments in the Pinehurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,080. Here is today’s list of the most affordable Mound apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shoreline Place2 bed / 1 ba2BR,1BA$1,059
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1,080
Hunters RidgeCrystalStudio,1BA$1,085

Best Value Apartments for Rent in Mound, MN and Nearby

As of April 30, 2026 the best value apartment in the Mound area is the $1.55 price per square foot Augusta Model at Hazeltine Shores in the in the The Preserve neighborhood starting from $2,145. The second greatest value Mound apartment is the Floorplan A Model at Highland Shores Apartments starting at $1,925 with a $1.55 price per square foot in the The Preserve neighborhood. Here is today’s list of the best values for Mound apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hazeltine ShoresAugusta3BR,1.8BA$1.55
Highland Shores ApartmentsFloorplan A2BR,2BA$1.55
4664 Suffolk Rd, Unit Mound Upper Unit Duplex4664 Suffolk Rd3BR,1BA$1.73
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1.36
Shoreline Place2 bed / 1 ba (updated)2BR,1BA$1.60
Lakecrest Village1 Bedroom 1 Bathroom1BR,1BA$1.64
Dockside Apartments on Lake MinnetonkaThe Marina1BR,1BA$1.60
Shorewood Place Apartments1 Bedroom1BR,1BA$1.71
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1.55
Hunters RidgeCrystalStudio ,1BA$1.93

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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.

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

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Frequently Asked Questions about Mound

What type of rentals are currently available in Mound?

There are currently 69 Apartments for Rent in Mound, MN with pricing that ranges from $995 to $7,107. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mound ranging from $1,250 to $14,995.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mound ranges from $1,250 to $14,995 with an average monthly rent of $4,760.

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

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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.

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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.

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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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.