Cheap Apartments for Rent in the East Minnetonka Neighborhood of Minnetonka, MN from $800 (66 Rentals)

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

property at 10311 Cedar Lk Rd S

10311 Cedar Lk Rd S

MinnetonkaMN55305
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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
Affordability
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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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The Views of Minnetonka
$1,335 - $2,320
Total Monthly Price

Total Monthly Price

Base Rent
$1,335 - $2,320

Total Monthly Price
$1,335 - $2,320
1 to 3 Bedroom Apartments Available Nov 30

The Views of Minnetonka

5445-5455 Smetana RdMinnetonka, MN 55343
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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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Avana Minnetonka
$1,528 - $9,158
Total Monthly Price

Total Monthly Price

Base Rent
$1,523 - $9,153
Required Monthly Fees
$5

Total Monthly Price
$1,528 - $9,158
1 to 3 Bedroom Apartments Available Now

Avana Minnetonka

12300 Marion LnMinnetonka, MN 55305
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Preserve at Shady Oak
1 to 3 Bedroom Apartments

Preserve at Shady Oak

10987 Bren Rd EMinnetonka, MN 55343
Corporate Housing
  • Utilities Included

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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Birke
1 to 3 Bedroom Apartments

Birke

11700 Wayzata BlvdMinnetonka, MN 55305
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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 Jan 1, 2026

529 17th Ave N, Unit 1 bedroom

529 17th Ave NHopkins, MN 55305
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Brentwood Park Townhomes
$1,034 - $2,254
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025 - $2,245
Required Monthly Fees
$9

Total Monthly Price
$1,034 - $2,254
Studio to 3 Bedroom Apartments Available Now

Brentwood Park Townhomes

1301 Highway 7Hopkins, MN 55305
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Oaks Lincoln Apartments
$1,147 - $2,189
Total Monthly Price

Total Monthly Price

Base Rent
$1,138 - $2,180
Required Monthly Fees
$9

Total Monthly Price
$1,147 - $2,189
Studio to 3 Bedroom Apartments Available Dec 15

Oaks Lincoln Apartments

5200 Lincoln DrEdina, MN 55436
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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.

property at 930 Westbrooke Way

930 Westbrooke Way, Unit 930-2

930 Westbrooke Way
HopkinsMN55343
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5th On Main
Rent Specials
$1,300 - $1,840
Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $1,840

Total Monthly Price
$1,300 - $1,840
Studio Apartments Available Now

5th On Main

517 MainstreetHopkins, MN 55343
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property at 5645 Green Cir Dr

5645 Green Cir Dr

HopkinsMN55343
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ReNew PARKone
Rent Specials
$1,365 - $2,865
Total Monthly Price

Total Monthly Price

Base Rent
$1,365 - $2,865

Total Monthly Price
$1,365 - $2,865
1 to 2 Bedroom Apartments Available Now

ReNew PARKone

301 Shelard PkySt. Louis Park, MN 55426
Student Housing
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property at 935 11th Ave S

935 11th Ave S, Unit 3

935 11th Ave S
HopkinsMN55343

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.

property at 900 9th Ave S

900 9th Ave S, Unit 7

900 9th Ave S
HopkinsMN55343
property at 903 11th Ave S

903 11th Ave S, Unit 3

903 11th Ave S
HopkinsMN55343
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The Loden
Rent Specials
$1,418 - $3,372
Total Monthly Price

Total Monthly Price

Base Rent
$1,397 - $3,351
Required Monthly Fees
$21

Total Monthly Price
$1,418 - $3,372
Studio to 2 Bedroom Apartments Available Now

The Loden

5995 Lincoln DrEdina, MN 55436
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property at 924 Westbrooke Way

924 Westbrooke Way, Unit 7

924 Westbrooke Way
HopkinsMN55343
property at 1025 Smetana Rd

1025 Smetana Rd, Unit 3

1025 Smetana Rd
HopkinsMN55343
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105 13th Ave S
1 to 2 Bedroom Apartments

105 13th Ave S

105 13th Ave SHopkins, MN 55343
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Loon Apartments
1 to 2 Bedroom Apartments

Loon Apartments

57 6th Ave SHopkins, MN 55343
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RJZ Apartments
1 Bedroom Apartments

RJZ Apartments

110 11th Ave SHopkins, MN 55343
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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

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.

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. Villager Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable East Minnetonka apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Hopkins Village ApartmentsOne Bedroom1BR,1BA$988
Villager Apartments1 Bedroom1BR,1BA$995
Brentwood ApartmentsStudioStudio,1BA$1,030
Brentwood Park TownhomesStudioStudio,1BA$1,034
Trailside Apartments1 Bedroom1BR,1BA$1,060
Belgrove ApartmentsOne Bedroom1BR,1BA$1,100
Central Park Manor1 Bedroom 1 Bathroom1BR,1BA$1,175
Oakridge ApartmentsOne Bedroom1BR,1BA$1,199
Town Terrace Apartments2 BR/ 1 BA2BR,1BA$1,215
Minnetonka StationLanewood AStudio,1BA$1,238

Best Value Apartments for Rent in East Minnetonka, MN

As of November 29, 2025 the best value apartment in the East Minnetonka area is the $1.53 price per square foot Two Bedroom - L Model at Preserve at Shady Oak in the in the Glen Lake neighborhood starting from $1,693. The second greatest value East Minnetonka apartment is the The Jeanette Model at Wilshire Wood starting at $1,445 with a $1.39 price per square foot in the Aquila 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.
Preserve at Shady OakTwo Bedroom - L2BR,2BA$1.53
Wilshire WoodThe Jeanette2BR,1BA$1.39
Belgrove ApartmentsOne Bedroom1BR,1BA$1.16
Crown Ridge Apartments2 Bed 1 Bath2BR,1BA$1.39
Rosewood West1 Bedroom - Available Now!1BR,1BA$1.38
Cottages of EdinaWelcome to our beautiful 1 bedroom1BR,1BA$1.44
Cedar Ridge ApartmentsOne Bedroom1BR,1BA$1.54
Town Terrace Apartments2 BR/ 1 BA2BR,1BA$1.52
Trailside Apartments1 Bedroom1BR,1BA$1.51
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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Quick 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.

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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

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 $1,238.

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 $2,489.

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 32 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 $280 which is $2,209 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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.