
Cheap Apartments for Rent in Minnetonka, MN from $600 (146 Rentals)
Search the lowest-cost Apartments available for rent right now in Minnetonka.


Crown Ridge Apartments

Stratford Wood

Hunters Ridge

Minnetonka Station

Oaks Glen Lake Apartments

Cedar Ridge Apartments

10311 Cedar Lk Rd S

Claremont Apartments
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.

Minnetonka Hills Apartments

The Townline

Waterstone Place

Alcott

Cedar Hills

Belgrove Apartments

The Views of Minnetonka

Total Monthly Price
Avana Minnetonka

Bren Road Station 55+ Apartments

Altitude Residences

Rize at Opus Park
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.

The Woodlands of Minnetonka Apartments

Arrive Minnetonka

Vale

The Chase at Nine Mile Creek

Total Monthly Price
Regency Woods
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Hopkins Village Apartments

Villager Apartments

1210-1220 Cambridge St. (Hopkins)

Total Monthly Price
Hiawatha Court

Total Monthly Price
Fine Living at Aquila Park & Royal Park

Town Terrace Apartments

Total Monthly Price
Brentwood Park Townhomes

The Dubliner

Trailside Apartments
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.

8801 W 35th St

Aquila Apartments

Bay Pointe Apartments

Plymouth Colony

ReNew PARKone
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Putnam Properties in Hopkins

Chanhassen Village

Oaks Lincoln Apartments
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 | $1,405 | $995 | $1,950 |
Cheap Minnetonka 1 Bedroom Apartments | $1,710 | $988 | $6,322 |
Cheap Minnetonka 2 Bedroom Apartments | $2,221 | $1,100 | $6,375 |
Cheap Minnetonka 3 Bedroom Apartments | $2,914 | $1,275 | $9,420 |
Browse Top Apartments in Minnetonka
See all Apartments in MinnetonkaExplore Minnetonka
Minnetonka, MN Local Guide
- Minnetonka Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Minnetonka, MN
Pricing Updated: 09/11/2025Current 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 | $3,447 | $695 | 1332 |
Cheapest Available Minnetonka Apartments for Rent
 The cheapest available apartment rental in Minnetonka, MN is a 1 Bed unit found at Hopkins Village Apartments in the Glen Lake neighborhood priced from $988. 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 |
---|---|---|---|
Hopkins Village Apartments | One Bedroom | 1BR,1BA | $988 |
1210-1220 Cambridge St. (Hopkins) | 1b | 1BR,1BA | $999 |
Hiawatha Court | 1 Bedroom | 1BR,1BA | $1,000 |
Fine Living at Aquila Park & Royal Park | The Opal | Studio,1BA | $1,005 |
Town Terrace Apartments | 1 BR / 1 BA | 1BR,1BA | $1,025 |
Brentwood Park Townhomes | Studio | Studio,1BA | $1,029 |
The Dubliner | 1 Bedroom | 1BR,1BA | $1,050 |
Trailside Apartments | 1 Bedroom | 1BR,1BA | $1,060 |
Aquila Apartments | 1 Bedroom | 1BR,1BA | $1,100 |
Crown Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,100 |
Best Value Apartments for Rent in Minnetonka, MN
As of September 12, 2025 the best value apartment in the Minnetonka area is the $1.33 price per square foot 1078 E Circle Dr Model at 1078 E Circle Dr, Unit 3 in the in the Groveland neighborhood starting from $1,595. The second greatest value Minnetonka apartment is the The Jeanette Model at Wilshire Wood starting at $1,480 with a $1.42 price per square foot in the Aquila 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. |
---|---|---|---|
1078 E Circle Dr, Unit 3 | 1078 E Circle Dr | 2BR,1BA | $1.33 |
Wilshire Wood | The Jeanette | 2BR,1BA | $1.42 |
Rhode Island Chateau Apartments | Two Bedroom | 1BR,1BA | $1.45 |
CMM Aquila Flats 8216 W 31st St. | 2BR/1.0BA | 2BR,1BA | $1.39 |
Crown Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.20 |
Knollwood Estates | 2 Bedroom | 2BR,1BA | $1.39 |
Ramsgate | Oxford | 1BR,1BA | $1.50 |
Town Terrace Apartments | 1 BR / 1 BA | 1BR,1BA | $1.46 |
The Dubliner | 1 Bedroom | 1BR,1BA | $1.50 |
Hiawatha Court | 1 Bedroom | 1BR,1BA | $1.49 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMinnetonka, MN
Ranked #8
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Minnetonka, MN
Minnetonka Senior High
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
Getting Around Minnetonka, MN
Walk Score®
40 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
16 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Hopkins Village Apartments which is listed at $988, while the average apartment in Minnetonka costs $3,447.
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 122 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 $122 which is $3,325 cheaper than the average rent for all rentals in Minnetonka.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.