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$900 - $1,643
Plus Fees
1 to 3 Bedroom Apartments Available NowCrown Ridge Apartments
11367 Fairfield RdMinnetonka, MN 55305
Cheap Apartments for Rent in Minnetonka, MN from $600 (166 Rentals)
Search the lowest-cost Apartments available for rent right now in Minnetonka.
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$1,085 - $1,695
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,085 - $1,695
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$1,085 - $1,695
Hunters Ridge
19000 Stratford RdMinnetonka, MN 55345
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$1,250 - $1,699
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available May 1Total Monthly Price
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$1,250 - $1,699
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$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
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$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
$1,272 - $4,588
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Studio to 2 Bedroom Apartments Available NowMinnetonka Station
10400 E Bren RdMinnetonka, MN 55343
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Rent Specials
$1,295 - $1,785
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowBrier Creek Apartments
10641 Greenbrier RdMinnetonka, MN 55305
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$1,299 - $1,780
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowMinnetonka Hills Apartments
2828-2875 Jordan AveMinnetonka, MN 55305
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$1,325 - $2,320
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1 to 3 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$1,325 - $2,320
Total Monthly Price
$1,325 - $2,320
The Views of Minnetonka
5445-5455 Smetana RdMinnetonka, MN 55343
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Rent Specials
$1,345 - $2,645
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTownline Apartments
10950 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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$1,357 - $3,854
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,334 - $3,831
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Alcott
11050 Red Circle DrMinnetonka, MN 55343
10521 Cedar Lk Rd S
MinnetonkaMN55305
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$1,370 - $7,837
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,364 - $7,831
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Avana Minnetonka
12300 Marion LnMinnetonka, MN 55305
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$1,380 - $1,785
Plus Fees
Studio to 2 Bedroom Apartments Available NowClaremont Apartments
10745 Smetana RdMinnetonka, MN 55343
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$1,395 - $1,825
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowCedar Hills
11050 Cedar Hills BlvdMinnetonka, MN 55305
10401 Cedar Lk Rd S, Unit Unit 505
10401 Cedar Lk Rd S
MinnetonkaMN55305
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$1,400
Plus Fees
2 Bedroom Apartments Available May 1Belgrove Apartments (10100 Minnetonka Blvd.)
10100 Minnetonka BlvdMinnetonka, MN 55305
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$1,422 - $1,971
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,422 - $1,971
Total Monthly Price
$1,422 - $1,971
Bren Road Station 55+ Apartments
11001 Bren Rd EMinnetonka, MN 55343
10451 Greenbrier Rd, Unit 217, Unit 217
10451 Greenbrier Rd
MinnetonkaMN55305
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$1,628 - $2,653
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1 to 3 Bedroom Apartments Available Jun 2The Woodlands of Minnetonka Apartments
10275 Greenbrier RdMinnetonka, 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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$1,643 - $4,067
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,628 - $4,052
Required Monthly Fees
$15
Total Monthly Price
$1,643 - $4,067
Vale
11816 Wayzata BlvdMinnetonka, MN 55305
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$1,649 - $3,059
Plus Fees
1 to 2 Bedroom Apartments Available NowArrive Minnetonka
300 Carlson PkyMinnetonka, MN 55305
10441 Greenbrier Rd, Unit 318, Unit 318
10441 Greenbrier Rd
MinnetonkaMN55305
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Rent Specials
$1,674 - $4,024
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,670 - $4,020
Required Monthly Fees
$4
Total Monthly Price
$1,674 - $4,024
Regency Woods
2200 Plymouth RdMinnetonka, MN 55305
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$1,700 - $2,475
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowAltitude Residences
2814 Jordan Ave SMinnetonka, MN 55305
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$1,710 - $4,306
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,705 - $4,301
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Avidor Minnetonka 55+ Active Adult Apartment Homes
12610 Ridgedale DrMinnetonka, MN 55305
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$1,778 - $3,221
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,773 - $3,216
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The Island Residences
501 Carlson PkyMinnetonka, MN 55305
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Studio to 3 Bedroom Apartments
Stratford Wood
18900 Stratford RdMinnetonka, MN 55345
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1 to 2 Bedroom Apartments
RidgeGate Apartments
1919 Ymca LnMinnetonka, MN 55305
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1 to 3 Bedroom Apartments
Preserve at Shady Oak
10987 Bren Rd EMinnetonka, MN 55343
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10451 Greenbrier Rd
MinnetonkaMN55305
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1 to 2 Bedroom Apartments
Chasewood Gates
6100 Chasewood PkyMinnetonka, MN 55343
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1 to 3 Bedroom Apartments
Birke
11700 Wayzata BlvdMinnetonka, MN 55305
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1 to 2 Bedroom Apartments
Beacon Hill
5300 Beacon Hill RdMinnetonka, MN 55345
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1 to 2 Bedroom Apartments
Overlook on the Creek
9731 Minnetonka BlvdMinnetonka, MN 55305
1321 Division St
HopkinsMN55343
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Rent Specials
$995 - $1,750
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$995 - $1,750
Total Monthly Price
$995 - $1,750
Westside
97 Blake Rd NHopkins, MN 55343
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$999 - $1,150
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now1210-1220 Cambridge St. (Hopkins)
1210-1220 Cambridge StHopkins, MN 55343
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Rent Specials
$1,008 - $1,138
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1 Bedroom Apartments Available NowTotal Monthly Price
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$995 - $1,125
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Hiawatha Court
1120 Hiawatha AveHopkins, MN 55343
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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
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.
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$1,031 - $1,646
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$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 - $1,544
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Studio to 2 Bedroom Apartments Available NowKnollwood Towers West Apartments
1010 Lake St NEHopkins, MN 55343
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$1,039 - $2,254
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,030 - $2,245
Required Monthly Fees
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Brentwood Park Townhomes
1301 Highway 7Hopkins, MN 55305
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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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$1,090 - $1,700
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,090 - $1,700
Total Monthly Price
$1,090 - $1,700
Ramsgate
700 Cambridge StHopkins, MN 55343
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$1,100
Plus Fees
1 Bedroom Apartments Available NowAquila Apartments
8200 31st St WSt. Louis Park, MN 55426
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$1,100 - $1,395
Plus Fees1 Month Lease Term
1 to 2 Bedroom Apartments Available NowTown Terrace Apartments
9900 Excelsior BlvdHopkins, MN 55343
831 Old Settlers Trail
HopkinsMN55343
709 11th Ave S, Unit 6, Unit 6
709 11th Ave S
HopkinsMN55343
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$1,105
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Jun 10Bay Pointe Apartments
840-846 3rd AveExcelsior, MN 55331
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
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 | $1,512 | $995 | $2,270 |
| Cheap Minnetonka 1 Bedroom Apartments | $1,862 | $999 | $5,420 |
| Cheap Minnetonka 2 Bedroom Apartments | $2,582 | $1,231 | $10,000+ |
| Cheap Minnetonka 3 Bedroom Apartments | $3,633 | $1,585 | $10,000+ |
| Cheap Minnetonka 4 Bedroom Apartments | $1,950 | $1,950 | $1,950 |
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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- School Districts
Cheapest Neighborhoods for Apartments in Minnetonka, MN
Pricing Updated: 04/28/2026Current 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 | $3,599 | $760 | 1184 |
Cheapest Available Minnetonka Apartments for Rent
The cheapest available apartment rental in Minnetonka, MN is a 1 Bed unit found at Crown Ridge Apartments in the Shelard Park neighborhood priced from $900. 1210-1220 Cambridge St. (Hopkins) in the Creekside neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Minnetonka apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crown Ridge Apartments | Washington | 1BR,1BA | $900 |
| 1210-1220 Cambridge St. (Hopkins) | 1b | 1BR,1BA | $999 |
| Hiawatha Court | 1 Bedroom | 1BR,1BA | $1,008 |
| Hopkins Village Apartments | One Bedroom | 1BR,1BA | $1,018 |
| Knollwood Towers East Apartments | Studio | Studio,1BA | $1,024 |
| Knollwood Towers West Apartments | Studio | Studio,1BA | $1,033 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1,050 |
| Hunters Ridge | Crystal | Studio,1BA | $1,085 |
| Ramsgate | Oxford | 1BR,1BA | $1,090 |
| Aquila Apartments | 1 Bedroom | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Minnetonka, MN
As of April 28, 2026 the best value apartment in the Minnetonka area is the $1.42 price per square foot 2 Bedroom (End Unit) - Available in JULY!! Model at Rosewood West in the in the Glen Lake neighborhood starting from $1,565. 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. |
|---|---|---|---|
| Rosewood West | 2 Bedroom (End Unit) - Available in JULY!! | 2BR,2BA | $1.42 |
| Fine Living at Aquila Park & Royal Park | The Quartz | 2BR,1BA | $1.38 |
| Claremont Apartments | E | 2BR,2BA | $1.43 |
| Shadow Green Apartments | Cedar | 2BR,1BA | $1.49 |
| Oakridge Apartments | 2S | 2BR,1BA | $1.47 |
| Minnetonka Hills Apartments | 1 Bedroom | 1BR,1BA | $1.36 |
| Westside | Chase | 2BR,1.5BA | $1.38 |
| Chanhassen Village | 2BR 1BA-U-1 | 2BR,1BA | $1.47 |
| Knollwood Estates | 2 Bedroom | 2BR,1BA | $1.41 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1.50 |
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleEnjoy 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.
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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 $1,100.
What is the price of a cheap apartment in Minnetonka?
The cheapest apartment in Minnetonka is Crown Ridge Apartments which is listed at $900, while the average apartment in Minnetonka costs $3,599.
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 141 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 $168 which is $3,431 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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.