
Cheap Apartments for Rent in Minnetonka, MN from $600 (151 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in Minnetonka.


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Second Street Station

1304 W Medicine Lake Dr, Unit Apt 118

930 Westbrooke Way, Unit 930-2

Rosewood West

Westwind Apartments

802 Old Settlers Trl, Unit 8

10253 W 34th St

3544 Aquila Cir

Parkside Apartments
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.

Bay Pointe Apartments

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Sterling Ponds Apartments

7414 W 22nd St, Unit 112

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Shadow Green Apartments

350 Shelard Pkwy

Highcroft Manor

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Willow Creek

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Knollwood Estates

932 Westbrooke Way

932 Westbrooke Way
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.

3600 Pennsylvania Ave S

Urban Park I and II Apartments

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Carriage House Apartments

Copper Stone Apartments

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MartinBlu

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Shelard Village Apartments

Wayzata Lake Apartments

915 11th Ave S, Unit 915-1

Ovation

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Park at City West 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.

1007 11th Ave S, Unit 1007 11th Ave S

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Wayzata Woods

Plymouth Colony

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L and E Apartments

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Oakridge Apartments

11210 & 11215 12th Avenue

8724 Minnetonka Blvd

829 Old Settlers Trl, Unit 4

Shenandoah Woods

Hello Apartments
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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The Hallon

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Heritage Park Apartments

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Bellamy Minnetonka

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Helix

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Eden Glen

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Medicine Lake Apartments

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Volo at Texa Tonka

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Somerset Oaks Apartments and Townhomes

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Auburn Townhomes

The Fox & The Grouse
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

How much does it cost to rent an apartment in Minnetonka?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Minnetonka Studio Apartments | $1,497 | $949 | $2,338 |
| Cheap Minnetonka 1 Bedroom Apartments | $1,822 | $995 | $9,116 |
| Cheap Minnetonka 2 Bedroom Apartments | $2,513 | $1,231 | $10,000+ |
| Cheap Minnetonka 3 Bedroom Apartments | $3,645 | $1,700 | $10,000+ |
| Cheap Minnetonka 4 Bedroom Apartments | $2,300 | $2,300 | $2,300 |
Browse Top Apartments in Minnetonka
See all Apartments in MinnetonkaExplore Minnetonka
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 $1,120.
What is the price of a cheap apartment in Minnetonka?
The cheapest apartment in Minnetonka is Trailway Apartments which is listed at $925, 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 68 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 $118 which is $3,497 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

Authentic Minneapolis: An Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.