
Cheap Homes for Rent in Wheaton, MN from $400 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Wheaton.


902 1st St S

500 1st Ave 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

511 Main Ave N

1605 7th St N

1627 7th St N

1624 8th St N
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.

1612 8th St N

1606 8th St N

702 8th Ave N

1652 8th St N

179 8th St NE
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.
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 | $903 | $400 | $1,300 |
| Wheaton 3 Bedroom Homes for Rent | $2,557 | $975 | $10,000+ |
| Wheaton 4 Bedroom Homes for Rent | $1,700 | $1,500 | $1,900 |
| 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 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $600 |
| 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 June 19, 2026 the best value apartment in the Wheaton area is the $1.19 price per square foot 2 Beds, 1 Baths Model at Campus View Historic Apartments in the starting from $1,375. The second greatest value Wheaton apartment is the One Bedroom Model at Beardsley Apartments starting at $600 with a $0.67 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. |
|---|---|---|---|
| Campus View Historic Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.19 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $0.67 |
| Spruce Place Apartments | 2 Bedroom | Laurel Place | 2BR,1BA | $1.01 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Colonial Village Apartments | Colonial: 2 Bedroom Apt | 2BR,1BA | $1.11 |
| Center Street Apartments | Wahp 2 bed | 2BR,1BA | $0.99 |
| Cardinal Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.05 |
| McKay Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.25 |
| Cascade Apartments | One Bedroom | 1BR,1BA | $1.33 |
| Liberty Lights Apartments | Studio | Studio ,1BA | $1.43 |
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 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.
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 68 Apartments for Rent in Wheaton, MN with pricing that ranges from $575 to $2,610. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wheaton ranging from $400 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 $400 to $10,000 with an average monthly rent of $1,910.
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 $975 to $10,000. Four Bedroom Single-Family rentals are also available starting from $1,500 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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
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
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.