Apartments for Rent in Deephaven, MN

Prices and availability in Deephaven, MN were last updated on 9 Jul 2026.

The best apartment in Deephaven, MN is: BCD - NFK Properties, LLC.

The average rent in Deephaven, MN is $1,451.

In Deephaven, 11% of the residents are renting compared to 89% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 47% of Deephaven's rentals, 40% are small-scale complexes with under 50 units, and 14% are single-family rentals.

The average age of rental buildings in Deephaven is 41 years old, with 26% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Deephaven come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 59% of the total apartments in the city, while 2-bedroom floorplans represent around 37% of all rentals in Deephaven. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.