Cheap Apartments for Rent in the East Minnetonka Neighborhood of Minnetonka, MN from $800 (63 Rentals)

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

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 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.

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Preserve at Shady Oak
1 to 2 Bedroom Apartments

Preserve at Shady Oak

10987 Bren Rd EMinnetonka, MN 55343
Corporate Housing
  • Utilities Included
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Chasewood Gates
2 Bedroom Apartments

Chasewood Gates

6100 Chasewood PkyMinnetonka, MN 55343

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Birke
1 to 2 Bedroom Apartments

Birke

11700 Wayzata BlvdMinnetonka, MN 55305

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Brentwood Apartments
1 Bedroom Apartments

Brentwood Apartments

614-624 Robinwood LnHopkins, MN 55305
  • Utilities Included
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105 13th Ave S
1 Bedroom Apartments

105 13th Ave S

105 13th Ave SHopkins, MN 55343
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RJZ Apartments
1 Bedroom Apartments

RJZ Apartments

110 11th Ave SHopkins, MN 55343
  • Utilities Included
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921-941 11th Ave. S
1 to 2 Bedroom Apartments

921-941 11th Ave. S

819-941 11th Ave SHopkins, MN 55343
  • Utilities Included
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Parkside Apartments
Studio to 2 Bedroom Apartments

Parkside Apartments

115-135 13th Ave SHopkins, MN 55343
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Showing Results 1-50, Page 1 of 2

East Minnetonka, Minnetonka, MN Local Guide

Cheapest Available East Minnetonka Apartments for Rent

 

The cheapest available apartment rental in the East Minnetonka area of Minneapolis, MN is a 1 Bed unit found at Hopkins Village Apartments priced from $988. Brentwood Park Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $1,030. Here are the most affordable East Minnetonka apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Hopkins Village ApartmentsOne Bedroom1BR,1BA$988
Brentwood Park TownhomesStudioStudio,1BA$1,030
The Dubliner1 Bedroom1BR,1BA$1,100
Crown Ridge2Bed 1Bath2BR,1BA$1,100
Central Park Manor1 Bedroom 1 Bathroom1BR,1BA$1,191
Town Terrace Apartments1 BR / 1 BA1BR,1BA$1,195
Brier Creek Apartments1B1BR,1BA$1,250
Cedar Ridge ApartmentsOne Bedroom1BR,1BA$1,250
5th On MainStudio BStudio,1BA$1,300
Ovation ApartmentsVox (A)Studio,1BA$1,325

Best Value Apartments for Rent in East Minnetonka, MN

As of June 20, 2025 the best value apartment in the East Minnetonka area is the $1.69 price per square foot 2A, 2B Model at RidgeGate Apartments in the in the Groveland neighborhood starting from $2,130. The second greatest value East Minnetonka apartment is the A1P Model at Avana Minnetonka starting at $2,003 with a $1.69 price per square foot in the Groveland neighborhood. Here is today’s list of the best values for East Minnetonka apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
RidgeGate Apartments2A, 2B2BR,2BA$1.69
Avana MinnetonkaA1P1BR,2BA$1.69
Minnetonka Hills Apartments1 Bedroom1BR,1BA$1.45
Claremont ApartmentsB1BR,1BA$1.59
Bren Road Station 55+ ApartmentsTwo Bedroom A2BR,2BA$1.64
Crown Ridge2Bed 1Bath2BR,1BA$1.20
Cedar Ridge ApartmentsOne Bedroom1BR,1BA$1.54
The Ridge ApartmentsOne Bedroom1BR,1BA$1.68
The Dubliner1 Bedroom1BR,1BA$1.57
Town Terrace Apartments1 BR / 1 BA1BR,1BA$1.71

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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.

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Minnesota, including Minnetonka. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, features that make it easier to raise kids, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the East Minnetonka Neighborhood in Minnetonka, MN

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

24 / 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 East Minnetonka Apartments

What is a cheap apartment in East Minnetonka?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Minnetonka is under $1,325.

What is the price of a cheap apartment in East Minnetonka?

The cheapest apartment in East Minnetonka is Hopkins Village Apartments which is listed at $988, while the average apartment in East Minnetonka costs $2,365.

What types of apartments are the cheapest in East 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 23 regular apartments in East 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 East Minnetonka?

Cheap apartments in East Minnetonka have an average cost of $285 which is $2,080 cheaper than the average rent for all rentals in East 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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.