Apartments for Rent in Mahtomedi, MN

Prices and availability in Mahtomedi, MN were last updated on 29 Oct 2026.

The best apartments in Mahtomedi, MN are: Mahtomedi Flats, The Lakes of Mahtomedi, Vista Point, Lincoln Place and Piccadilly Square Apartments.

The average rent in Mahtomedi, MN is $2,000.

The price range for a 1-bedroom apartment in Mahtomedi, MN is between $984 and $2,550.

The price range for a 2-bedroom apartment in Mahtomedi, MN is between $1,422 and $2,799.

The price range for a 3-bedroom apartment in Mahtomedi, MN is between $1,375 and $3,899.

In Mahtomedi, 17% of the residents are renting compared to 83% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 55% of Mahtomedi's rentals, 36% are small-scale complexes with under 50 units, and 9% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Mahtomedi are about 18 years old, on average. Of these, 59% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Mahtomedi come in a range of sizes and floorplans. Studio apartments represent 0% 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 50% of the total apartments in the city, while 2-bedroom floorplans represent around 33% of all rentals in Mahtomedi. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.