23

Newest Homes for Rent in Mahtomedi, MN

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  • /28

    Starting at $1,485 Plus Fees

    • 1 - 3 Beds

    115 East Ave, Mahtomedi, MN 55115

    Welcome to Briarcliff Apartments, a welcoming 55+ community nestled in the heart of Mahtomedi. Designed for comfort, convenience, and connection, Briarcliff offers a peaceful setting with thoughtfully designed apartment homes and a warm, neighborly atmosphere. Surrounded by natural beauty and close to local shops, dining, and everyday essentials, residents enjoy a relaxed lifestyle with the

    BRIARCLIFF APARTMENTS

    (651) 571-8417

    115 East Ave, Mahtomedi, MN 55115
  • /50

    Starting at $1,420 Plus Fees

    • 1 - 3 Beds

    830 Wildwood Rd, Mahtomedi, MN 55115

    Introducing Vista Point, a brand-new apartment community in Mahtomedi, designed to elevate your living experience. We believe that high-quality living should be accessible to all, and that's why we've crafted a community where you can enjoy the best of both worlds. Our apartments feature elegant finishes, spacious layouts, and a host of amenities that cater to your every need. From a

    Vista Point

    (651) 571-8433

    830 Wildwood Rd, Mahtomedi, MN 55115
  • /50

    Starting at $1,404 Plus Fees

    • Studio - 2 Beds

    5680 Hadley Ave N, Oakdale, MN 55128

    Cedric's Landing offers comfortable apartment living with convenient access to local dining, shopping, and everyday essentials. Our community features thoughtfully designed floor plans and a welcoming atmosphere that makes coming home easy.Residents enjoy a variety of community amenities including a fitness center, outdoor pool, community spaces, and on-site management and maintenance. Whether

    Cedric's Landing

    (651) 383-1240

    5680 Hadley Ave N, Oakdale, MN 55128

Frequently Asked Questions

How much does it cost to rent a home in Mahtomedi, MN?
The median rent for a home in Mahtomedi, MN is $3,275 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Mahtomedi, MN?
To comfortably afford the median rent in Mahtomedi, MN, a household needs to earn roughly $131,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,275 per month in Mahtomedi, MN, renters typically need to show $9,825 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Mahtomedi, MN?
In Mahtomedi, MN, the price-to-rent ratio is 12.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Mahtomedi, MN are best for renting a home?
The best neighborhood for renting in Mahtomedi, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Hazelwood, Payne-Phalen, Downtown, Beaver Lake and Gladstone, each with its own character and price range.

Rental Trends in Mahtomedi, MN

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$3,275
Median Single Family Home Rent
$3,275
How to Rent a Home