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$1,085 - $1,695
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,085 - $1,695
Total Monthly Price
$1,085 - $1,695
Hunters Ridge
19000 Stratford RdMinnetonka, MN 55345
Cheap Apartments for Rent in Minnetonka, MN from $600 (151 Rentals)
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$1,099 - $1,899
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1 to 3 Bedroom Apartments Available NowCrown Ridge Apartments
11367 Fairfield RdMinnetonka, MN 55305
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$1,120 - $1,930
Plus Fees
Studio to 2 Bedroom Apartments Available NowClaremont Apartments
10745 Smetana RdMinnetonka, MN 55343
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$1,158 - $4,917
Plus Fees
Studio to 3 Bedroom Apartments Available NowMinnetonka Station
10400 E Bren RdMinnetonka, MN 55343
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$1,250 - $1,699
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,250 - $1,699
Total Monthly Price
$1,250 - $1,699
CEDAR RIDGE APARTMENT HOMES
10101-10201 Cedar Lake RdMinnetonka, MN 55305
10301 Cedar Lk Rd S
MinnetonkaMN55305
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$1,260 - $2,320
Total Monthly Price
Studio to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,236 - $2,296
Required Monthly Fees
$24
Total Monthly Price
$1,260 - $2,320
Oaks Glen Lake Apartments
14414 Stewart LnMinnetonka, MN 55345
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Rent Specials
$1,295 - $1,850
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowBrier Creek Apartments
10641 Greenbrier RdMinnetonka, MN 55305
10531 Cedar Lake Rd, Unit 213
10531 Cedar Lake Rd
MinnetonkaMN55305
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Rent Specials
$1,357 - $4,055
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,334 - $4,032
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Alcott
11050 Red Circle DrMinnetonka, MN 55343
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.
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$1,359 - $2,359
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowMinnetonka Hills Apartments
2828-2875 Jordan AveMinnetonka, MN 55305
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Rent Specials
$1,385 - $2,670
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTownline Apartments
10950 Red Circle DrMinnetonka, MN 55343
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$1,395 - $2,320
Total Monthly Price
1 to 3 Bedroom Apartments Available Jul 31Total Monthly Price
Base Rent
$1,395 - $2,320
Total Monthly Price
$1,395 - $2,320
The Views of Minnetonka
5445-5455 Smetana RdMinnetonka, MN 55343
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$1,395 - $1,895
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowCedar Hills
11050 Cedar Hills BlvdMinnetonka, MN 55305
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$1,400
Plus Fees
2 Bedroom Apartments Available Aug 1Belgrove Apartments
10100 Minnetonka BlvdMinnetonka, MN 55305
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Rent Specials
$1,422 - $1,971
Plus Fees
1 to 3 Bedroom Apartments Available NowBren Road Station 55+ Apartments
11001 Bren Rd EMinnetonka, MN 55343
10451 Greenbrier Rd
MinnetonkaMN55305
10441 Greenbrier Rd
MinnetonkaMN55305
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$1,500 - $1,950
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowAltitude Residences
2814 Jordan Ave SMinnetonka, MN 55305
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$1,533 - $10,902
Total Monthly Price
1 to 3 Bedroom Apartments Available Jun 15Total Monthly Price
Base Rent
$1,527 - $10,896
Required Monthly Fees
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Total Monthly Price
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Avana Minnetonka
12300 Marion LnMinnetonka, MN 55305
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.
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$1,594 - $2,375
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,452 - $2,233
Required Monthly Fees
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Total Monthly Price
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Waterstone Place
9700 Waterstone PlMinnetonka, MN 55305
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$1,600 - $1,680
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Aug 1Total Monthly Price
Base Rent
$1,575 - $1,655
Required Monthly Fees
$25
Total Monthly Price
$1,600 - $1,680
The Chase at Nine Mile Creek
5709 Rowland RdMinnetonka, MN 55343
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Studio to 3 Bedroom Apartments
Stratford Wood
18900 Stratford RdMinnetonka, MN 55345
10401 Cedar Lk Rd S
MinnetonkaMN55305
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1 to 3 Bedroom Apartments
Preserve at Shady Oak
10987 Bren Rd EMinnetonka, MN 55343
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1 to 2 Bedroom Apartments
RidgeGate Apartments
1919 Ymca LnMinnetonka, MN 55305
6412 Mendelssohn Ln
HopkinsMN55343
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Rent Specials
$1,008 - $1,138
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$995 - $1,125
Required Monthly Fees
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Hiawatha Court
1120 Hiawatha AveHopkins, MN 55343
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$1,016 - $1,371
Total Monthly Price
1 to 2 Bedroom Apartments Available Jul 1Total Monthly Price
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$995 - $1,350
Required Monthly Fees
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Total Monthly Price
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Knollwood Estates
3520-3636 Aquila CirSt. Louis Park, MN 55426
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$1,018 - $1,231
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowHopkins Village Apartments
9 7th Ave SHopkins, MN 55343
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.
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$1,031 - $1,646
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,010 - $1,625
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Fine Living at Aquila Park & Royal Park
8224 W 30 1/2 StSt. Louis Park, MN 55426
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$1,033 - $1,634
Plus Fees
Studio to 2 Bedroom Apartments Available NowKnollwood Towers West Apartments
1010 Lake St NEHopkins, MN 55343
1321 Division St
HopkinsMN55343
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$1,050
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThe Dubliner
114 12th Ave SHopkins, MN 55343
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Rent Specials
$1,053 - $2,274
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,049 - $2,270
Required Monthly Fees
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Total Monthly Price
Varies
Brentwood Park Townhomes
1301 Highway 7Hopkins, MN 55305
3063 Virginia Ave S
St. Louis ParkMN55426
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$1,100
Plus Fees
1 Bedroom Apartments Available NowAquila Apartments
8200 31st St WSt. Louis Park, MN 55426
709 11th Ave S, Unit 6
709 11th Ave S
HopkinsMN55343
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$1,100 - $1,350
Plus Fees1 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityTown Terrace Apartments
9900 Excelsior BlvdHopkins, MN 55343
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Rent Specials
$1,118 - $1,523
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,095 - $1,500
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Total Monthly Price
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Trentwood Apartments
9140-9240 Golden Valley RdGolden Valley, MN 55427
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$1,125 - $1,495
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Jun 15Putnam Properties in Hopkins
33 6th Ave NHopkins, MN 55343
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$1,146 - $2,096
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,125 - $2,075
Required Monthly Fees
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Total Monthly Price
Varies
Shadow Green Apartments
14247 Valley View RdEden Prairie, MN 55344
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$1,150 - $1,295
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowWestwood Chateau Apartments
2242 Nevada Ave SSt. Louis Park, MN 55426
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$1,150 - $1,400
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,150 - $1,400
Total Monthly Price
$1,150 - $1,400
Rhode Island Chateau Apartments
2727 S Rhode Island AveSt. Louis Park, MN 55426
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$1,150 - $1,550
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,150 - $1,550
Total Monthly Price
$1,150 - $1,550
Westwood Gardens
7316 Cedar Lake Rd SSt. Louis Park, MN 55426
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$1,160 - $1,785
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,160 - $1,785
Total Monthly Price
$1,160 - $1,785
Creekwood Estates
1328 Lake StHopkins, MN 55343
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$1,182 - $2,280
Total Monthly Price
Studio to 3 Bedroom Apartments Available Jul 17Total Monthly Price
Base Rent
$1,168 - $2,266
Required Monthly Fees
$14
Total Monthly Price
$1,182 - $2,280
Oaks Lincoln Apartments
5200 Lincoln DrEdina, MN 55436
3200 Virginia Ave S
MinneapolisMN55426
3055 Virginia Ave S
St. Louis ParkMN55426
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Rent Specials
$1,219 - $1,239
Total Monthly Price
1 Bedroom Apartments Available Jul 1Total Monthly Price
Base Rent
$1,219 - $1,239
Total Monthly Price
Varies
Second Street Station
1015 2nd St NEHopkins, MN 55343
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Minnetonka, MN Local Guide
How much does it cost to rent an apartment in Minnetonka?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Minnetonka Studio Apartments | $1,538 | $1,031 | $2,270 |
| Cheap Minnetonka 1 Bedroom Apartments | $1,839 | $1,008 | $8,125 |
| Cheap Minnetonka 2 Bedroom Apartments | $2,583 | $1,231 | $10,000+ |
| Cheap Minnetonka 3 Bedroom Apartments | $3,690 | $1,700 | $10,000+ |
| Cheap Minnetonka 4 Bedroom Apartments | $2,737 | $2,475 | $2,999 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Minnetonka
See all Apartments in MinnetonkaExplore Minnetonka
Minnetonka, MN Local Guide
- Minnetonka Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Minnetonka, MN
Pricing Updated: 06/12/2026Current apartment rentals in the Minnetonka, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Minnetonka Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Hennepin Far Western Suburbs | $3,615 | $760 | 1207 |
Cheapest Available Minnetonka Apartments for Rent
The cheapest available apartment rental in Minnetonka, MN is a 1 Bed unit found at Hiawatha Court in the Creekside neighborhood priced from $1,008. Hopkins Village Apartments in the Glen Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,018. Here is today’s list of the most affordable Minnetonka apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hiawatha Court | 1 Bedroom | 1BR,1BA | $1,008 |
| Hopkins Village Apartments | One Bedroom | 1BR,1BA | $1,018 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1,050 |
| Ramsgate | Oxford | 1BR,1BA | $1,060 |
| Hunters Ridge | Crystal | Studio,1BA | $1,085 |
| Crown Ridge Apartments | Washington | 1BR,1BA | $1,099 |
| Aquila Apartments | 1 Bedroom | 1BR,1BA | $1,100 |
| Trentwood Apartments | One Bedroom | 1BR,1BA | $1,118 |
| Westwood Gardens Apartments | 1br | 1BR,1BA | $1,150 |
| Westwood Chateau Apartments | 1 Bedroom/Garden | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Minnetonka, MN
As of June 12, 2026 the best value apartment in the Minnetonka area is the $1.51 price per square foot B2M Model at Avana Minnetonka in the in the Groveland neighborhood starting from $1,903. The second greatest value Minnetonka apartment is the The Quartz Model at Fine Living at Aquila Park & Royal Park starting at $1,516 with a $1.38 price per square foot in the Creekside neighborhood. Here is today’s list of the best values for Minnetonka apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Avana Minnetonka | B2M | 2BR,2BA | $1.51 |
| Fine Living at Aquila Park & Royal Park | The Quartz | 2BR,1BA | $1.38 |
| Claremont Apartments | E1 | 2BR,2BA | $1.49 |
| Minnetonka Hills Apartments | 1 Bedroom | 1BR,1BA | $1.40 |
| Westside | Vernon | 2BR,1BA | $1.47 |
| Aquila Flats | 2BR/1.0BA | 2BR,1BA | $1.32 |
| Ramsgate | Derby | 1BR,1BA | $1.50 |
| Cedar Ridge Apartments | 1 w/balcony | 1BR,1BA | $1.54 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1.50 |
| Hiawatha Court | 1 Bedroom | 1BR,1BA | $1.50 |
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.
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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
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.
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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.
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Minnetonka, MNPopulation: 53,953
Ranked #723
in US Census Population by City
Best Local Schools in Minnetonka, MN
Minnetonka Senior High
Minnetonka Public School District
Public School - Grades 9-12 (3508)
10 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Minnetonka, MN Rentals by Map
See the most popular apartments and homes in Minnetonka, MN
Frequently Asked Questions about Cheap Minnetonka Apartments
What is a cheap apartment in Minnetonka?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Minnetonka is under $1,150.
What is the price of a cheap apartment in Minnetonka?
The cheapest apartment in Minnetonka is Hiawatha Court which is listed at $1,008, while the average apartment in Minnetonka costs $3,615.
What types of apartments are the cheapest in Minnetonka?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 96 regular apartments in Minnetonka that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Minnetonka?
Cheap apartments in Minnetonka have an average cost of $128 which is $3,487 cheaper than the average rent for all rentals in Minnetonka.
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.
Helpful Local Expert Guides
A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.
Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips
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.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.