
Cheap Apartments for Rent in Minnetonka, MN from $600 with Washer/Dryer (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Minnetonka.


Minnetonka Station

Brier Creek Apartments

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Alcott

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The Views of Minnetonka

Townline Apartments

Claremont Apartments

Bren Road Station 55+ Apartments

10451 Greenbrier Rd

10441 Greenbrier Rd, Unit 318
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.

10441 Greenbrier Rd

Altitude Residences

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Waterstone Place

Preserve at Shady Oak

RidgeGate Apartments

6412 Mendelssohn Ln

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Brentwood Park Townhomes

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Oaks Lincoln Apartments

3055 Virginia Ave S

At The Lake
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.

11210 & 11215 12th Avenue

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5th On Main

Sterling Ponds Apartments

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Carriage House Apartments

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Volo at Texa Tonka

Somerset Oaks Apartments and Townhomes

Ovation

Plymouth Colony

The Loden

The Hallon
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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Oakwood

Urban Park I and II Apartments

Heritage Park Apartments

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Helix

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Park at City West Apartments

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Gleason Lake

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The Axis

The Fox & The Grouse

6485 Grandview Dr

Element
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.

Creek View Apartment Homes 8817 w 35th st.

West 28th St Apartments

Purgatory Creek Townhomes

Urban Park II Apartments

Gallery Flats

2335 Hemlock Ln N

Kimberly Meadows Townhomes

Lakeview Commons

Quail Ridge Apartments

Parkers Lake
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.
Minnetonka, MN Local Guide

How much does it cost to rent an apartment in Minnetonka?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minnetonka Studio Apartments | $1,546 | $1,031 | $2,270 |
| Minnetonka 1 Bedroom Apartments | $1,868 | $1,008 | $7,350 |
| Minnetonka 2 Bedroom Apartments | $2,629 | $1,231 | $10,000+ |
| Minnetonka 3 Bedroom Apartments | $3,525 | $1,700 | $10,000+ |
| Minnetonka 4 Bedroom Apartments | $2,737 | $2,475 | $2,999 |
Explore Minnetonka
Minnetonka, MN Local Guide
- Minnetonka Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
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.
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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Minnetonka, MNPopulation: 53,953
Ranked #723
in US Census Population by City
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
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 $1,108.
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 $3,607.
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 89 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 $3,479 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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.