
Cheap Homes for Rent in Wheaton, MN from $300 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Wheaton.


97 7th Ave S

902 1st St S

262 2nd St SW

328 Dewey St
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.

200 7th Ave

500 1st Ave S

318 S 3rd St

316 S 3rd St

308 S 3rd St
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.

213 W Vernon Ave

1612 8th St N

1624 8th St N

702 8th Ave N

401 S Maple
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.
Wheaton, MN Local Guide

How much does it cost to rent a home in Wheaton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wheaton 2 Bedroom Homes for Rent | $1,012 | $275 | $1,550 |
| Wheaton 3 Bedroom Homes for Rent | $3,238 | $1,290 | $10,000+ |
| Wheaton 4 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| Wheaton 5 Bedroom Homes for Rent | $3,150 | $2,500 | $3,800 |
Browse Top Homes for Rent in Wheaton
Explore Wheaton
Wheaton, MN Local Guide
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Cheapest Available Wheaton Apartments for Rent and Nearby
 The cheapest available apartment rental in Wheaton, MN is a 1 Bed unit found at Heritage Square priced from $575. Liberty Lights Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $599. Here is today’s list of the most affordable Wheaton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Square | 1 Bed, 1 bath | 1BR,1BA | $575 |
| Liberty Lights Apartments | Studio | Studio,1BA | $599 |
| Western Road Apartments | 2 Bedroom 1 Bath - 48241 | 2BR,1BA | $675 |
| Riverside Apartments | 911 studios | Studio,1BA | $695 |
| North Valley Apartments | Efficiency | Studio,1BA | $700 |
Best Value Apartments for Rent in Wheaton, MN and Nearby
As of May 04, 2026 the best value apartment in the Wheaton area is the $1.14 price per square foot 2 Bedrooms, 2 full, 1474 sqft, 3709 South Broad... Model at Lakewood Terrace-3707 in the starting from $1,685. The second greatest value Wheaton apartment is the C.3 Model at Central Lakes starting at $1,493 with a $1.35 price per square foot . Here is today’s list of the best values for Wheaton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lakewood Terrace-3707 | 2 Bedrooms, 2 full, 1474 sqft, 3709 South Broad... | 2BR,2BA | $1.14 |
| Central Lakes | C.3 | 2BR,2BA | $1.35 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Center Street Apartments | Wahp 2 bed | 2BR,1BA | $0.99 |
| Cardinal Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.05 |
| Westfield Apartments | 1 Bed 1 Bath Bld 1&2 | 1BR,1BA | $1.49 |
| Western Road Apartments | 2 Bedroom 1 Bath - 48241 | 2BR,1BA | $0.91 |
| Lamplighter Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.30 |
| Cascade Apartments | One Bedroom | 1BR,1BA | $1.33 |
| Liberty Lights Apartments | Studio | Studio ,1BA | $1.43 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 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.
Read ArticleDon'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 ArticleThe 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 ArticleCash 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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wheaton, MN Rentals by Map
See the most popular apartments and homes in Wheaton, MN
Frequently Asked Questions about Wheaton
What type of rentals are currently available in Wheaton?
There are currently 67 Apartments for Rent in Wheaton, MN with pricing that ranges from $575 to $2,610. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wheaton ranging from $275 to $10,000.
What is the current price range for Rental Homes in Wheaton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wheaton ranges from $275 to $10,000 with an average monthly rent of $1,951.
How much are larger Three and Four Bedroom Rentals in Wheaton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wheaton range from $795 to $1,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,290 to $10,000. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,270.
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.