Cheap Apartments for Rent in Minnetonka, MN from $600 (99 Rentals)

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Search the lowest-cost Apartments available for rent right now in Minnetonka.

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Hunters Ridge
$1,075 - $1,680
Total Monthly Price

Total Monthly Price

Base Rent
$1,075 - $1,680

Total Monthly Price
$1,075 - $1,680
Studio to 2 Bedroom Apartments Available Now

Hunters Ridge

19000 Stratford RdMinnetonka, MN 55345
Senior Living
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Oaks Glen Lake Apartments
$1,255 - $2,315
Total Monthly Price

Total Monthly Price

Base Rent
$1,236 - $2,296
Required Monthly Fees
$19

Total Monthly Price
$1,255 - $2,315
Studio to 2 Bedroom Apartments Contact Us For Availability

Oaks Glen Lake Apartments

14414 Stewart LnMinnetonka, MN 55345
Luxury
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The Townline
$1,295 - $3,322
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $3,322

Total Monthly Price
$1,295 - $3,322
Studio to 3 Bedroom Apartments Available Now

The Townline

10950 Red Circle DrMinnetonka, MN 55343
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The Views of Minnetonka
Rent Specials
$1,325 - $2,320
Total Monthly Price

Total Monthly Price

Base Rent
$1,325 - $2,320

Total Monthly Price
$1,325 - $2,320
1 to 3 Bedroom Apartments Available Now

The Views of Minnetonka

5445-5455 Smetana RdMinnetonka, MN 55343
Eco-Friendly
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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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Alcott
Rent Specials
$1,349 - $4,047
Total Monthly Price

Total Monthly Price

Base Rent
$1,334 - $4,032
Required Monthly Fees
$15

Total Monthly Price
$1,349 - $4,047
Studio to 3 Bedroom Apartments Available Now

Alcott

11050 Red Circle DrMinnetonka, MN 55343
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Stratford Wood
Studio to 3 Bedroom Apartments

Stratford Wood

18900 Stratford RdMinnetonka, MN 55345
Senior Living
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529 17th Ave N, Unit 1 bedroom
$950
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950
1 Bedroom Apartment Available Now

529 17th Ave N, Unit 1 bedroom

529 17th Ave NHopkins, MN 55305
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Brentwood Park Townhomes
$1,035 - $2,250
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,030 - $2,245
Required Monthly Fees
$5

Total Monthly Price
$1,035 - $2,250
Studio to 3 Bedroom Apartments Available Now

Brentwood Park Townhomes

1301 Highway 7Hopkins, MN 55305
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Fine Living at Aquila Park & Royal Park
Rent Specials
$1,041 - $1,666
Total Monthly Price

Total Monthly Price

Base Rent
$1,020 - $1,645
Required Monthly Fees
$21

Total Monthly Price
$1,041 - $1,666
Studio to 2 Bedroom Apartments Available Now

Fine Living at Aquila Park & Royal Park

8224 W 30 1/2 StSt. Louis Park, MN 55426
Student Housing
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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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Hiawatha Court
$1,087
Total Monthly Price

Total Monthly Price

Base Rent
$1,075
Required Monthly Fees
$12

Total Monthly Price
$1,087
1 Bedroom Apartments Available Mar 1

Hiawatha Court

1120 Hiawatha AveHopkins, MN 55343
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Trentwood Apartments
Rent Specials
$1,097 - $1,337
Total Monthly Price

Total Monthly Price

Base Rent
$1,075 - $1,315
Required Monthly Fees
$22

Total Monthly Price
$1,097 - $1,337
1 to 2 Bedroom Apartments Available Now

Trentwood Apartments

9140-9240 Golden Valley RdGolden Valley, MN 55427
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Medicine Lake Apartments
Rent Specials
$1,124 - $3,784
Total Monthly Price

Total Monthly Price

Base Rent
$1,120 - $3,780
Required Monthly Fees
$4

Total Monthly Price
$1,124 - $3,784
Studio to 2 Bedroom Apartments Available Now

Medicine Lake Apartments

1300 W Medicine Lake DrPlymouth, MN 55441
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Park at City West Apartments
$1,133 - $2,751
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $2,743
Required Monthly Fees
$8

Total Monthly Price
$1,133 - $2,751
Studio to 2 Bedroom Apartments Available Now

Park at City West Apartments

6426 City West PkyEden Prairie, MN 55344
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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.

property at 3055 Virginia Ave S

$1,135 - $1,235

Total Monthly Price

Total Monthly Price

Base Rent
$1,135

Total Monthly Price
$1,135

1 To 2 Bedroom Rentals

Available Now

3055 Virginia Ave S

St. Louis ParkMN55426
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Oaks Lincoln Apartments
$1,147 - $2,209
Total Monthly Price

Total Monthly Price

Base Rent
$1,138 - $2,200
Required Monthly Fees
$9

Total Monthly Price
$1,147 - $2,209
Studio to 3 Bedroom Apartments Available Now

Oaks Lincoln Apartments

5200 Lincoln DrEdina, MN 55436
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Creekwood Estates
$1,150 - $1,775
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,775

Total Monthly Price
$1,150 - $1,775
Studio to 3 Bedroom Apartments Available Now

Creekwood Estates

1328 Lake StHopkins, MN 55343
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Shadow Green Apartments
Rent Specials
$1,171 - $1,971
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150 - $1,950
Required Monthly Fees
$21

Total Monthly Price
$1,171 - $1,971
1 to 3 Bedroom Apartments Available Now

Shadow Green Apartments

14247 Valley View RdEden Prairie, MN 55344
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property at 8300 W 31st St

$1,175 - $1,599

Total Monthly Price

Total Monthly Price

Base Rent
$1,199

Total Monthly Price
$1,199

1 To 3 Bedroom Rentals

Available Now

8300 W 31st St

St. Louis ParkMN55426
property at 17210 25th Ave N

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

17210 25th Ave N

MinneapolisMN55447

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.

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Knollwood Estates
Rent Specials
$1,271 - $1,321
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $1,300
Required Monthly Fees
$21

Total Monthly Price
$1,271 - $1,321
2 Bedroom Apartments Available Soon

Knollwood Estates

3520-3636 Aquila CirSt. Louis Park, MN 55426
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Westside
Rent Specials
$1,285 - $1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,285 - $1,750

Total Monthly Price
$1,285 - $1,750
1 to 3 Bedroom Apartments Available Now

Westside

97 Blake Rd NHopkins, MN 55343
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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.

Minnetonka, MN Local Guide

Cheapest Neighborhoods for Apartments in Minnetonka, MN

Pricing Updated: 01/26/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Hennepin Far Western Suburbs$3,497$7601549

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. Ramsgate in the Creekside neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Minnetonka apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crown Ridge Apartments1 Bed 1 Bath1BR,1BA$900
RamsgateOxford1BR,1BA$975
Villager Apartments1 Bedroom1BR,1BA$995
1210-1220 Cambridge St. (Hopkins)1b1BR,1BA$999
Knollwood Towers West ApartmentsStudioStudio,1BA$999
Hopkins Village ApartmentsOne Bedroom1BR,1BA$1,018
Brentwood ApartmentsStudioStudio,1BA$1,035
Brentwood Park TownhomesStudioStudio,1BA$1,035
The Dubliner1 Bedroom1BR,1BA$1,050

Best Value Apartments for Rent in Minnetonka, MN

As of January 27, 2026 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 110 Circle A Dr S Model at 110 Circle A Dr S, Unit 322 starting at $1,495 with a $1.30 price per square foot in the Groveland neighborhood. Here is today’s list of the best values for Minnetonka apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1078 E Circle Dr, Unit 31078 E Circle Dr2BR,1BA$1.33
110 Circle A Dr S, Unit 322110 Circle A Dr S2BR,1BA$1.30
Fine Living at Aquila Park & Royal ParkThe Sapphire2BR,1BA$1.36
Rhode Island Chateau ApartmentsTwo Bedroom1BR,1BA$1.45
RamsgateManchester2BR,1.5BA$1.40
Hunters RidgeLafayette2BR,1BA$1.42
Rosewood West1 Bedroom - Available Now!1BR,1BA$1.42
Copper Stone Apartments2 Bedroom 1 Bath2BR,1BA$1.45
Highcroft Manor Apartments Located in Wayzata, MN1BR/1.0BA1BR,1BA$1.48
Villager Apartments1 Bedroom1BR,1BA$1.42

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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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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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.

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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 $1,050.

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 $3,497.

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 229 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 $187 which is $3,310 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

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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.

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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.

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.