Apartments for Rent in Mahtomedi, MN

Prices and availability in Mahtomedi, MN were last updated on 24 Jun 2026.

The best apartments in Mahtomedi, MN are: Briarcliff Apartments, a 55+ Community, Mahtomedi Flats, The Lakes of Mahtomedi, Woodland Townhomes and Vista Point.

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

The price range for a 1-bedroom apartment in Mahtomedi, MN is between $963 and $2,550.

The price range for a 2-bedroom apartment in Mahtomedi, MN is between $1,422 and $3,199.

The price range for a 3-bedroom apartment in Mahtomedi, MN is between $1,863 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 average age of rental buildings in Mahtomedi is 18 years old, with 59% 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 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.