Cheap Apartments for Rent in the East Minnetonka Neighborhood of Minnetonka, MN from $800 (68 Rentals)

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

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Cedar Ridge Apartments
$1,250 - $1,699
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250 - $1,699

Total Monthly Price
$1,250 - $1,699
1 to 2 Bedroom Apartments Available Now

Cedar Ridge Apartments

10101-10201 Cedar Lake RdMinnetonka, MN 55305
Outdoors
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property at 10301 Cedar Lk Rd S

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom Rentals

Available Jul 1

10301 Cedar Lk Rd S

MinnetonkaMN55305
property at 10531 Cedar Lake Rd

$1,350

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Condo for Rent

Available Jul 13

10531 Cedar Lake Rd, Unit 213

10531 Cedar Lake Rd
MinnetonkaMN55305
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Alcott
Rent Specials
$1,357 - $4,055
Total Monthly Price12 Month Lease Term

Total Monthly Price

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

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Alcott

11050 Red Circle DrMinnetonka, MN 55343
Furnished
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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.

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The Views of Minnetonka
$1,395 - $2,320
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $2,320

Total Monthly Price
$1,395 - $2,320
1 to 3 Bedroom Apartments Available Jul 31

The Views of Minnetonka

5445-5455 Smetana RdMinnetonka, MN 55343
Pet Friendly
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property at 10441 Greenbrier Rd

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

10441 Greenbrier Rd

MinnetonkaMN55305
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Avana Minnetonka
$1,587 - $10,951
Total Monthly Price

Total Monthly Price

Base Rent
$1,587 - $10,951

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Avana Minnetonka

12300 Marion LnMinnetonka, MN 55305
Senior Living
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Waterstone Place
$1,594 - $2,375
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,452 - $2,233
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Waterstone Place

9700 Waterstone PlMinnetonka, MN 55305
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The Chase at Nine Mile Creek
$1,600 - $1,680
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,575 - $1,655
Required Monthly Fees
$25

Total Monthly Price
$1,600 - $1,680
1 Bedroom Apartments Available Aug 1

The Chase at Nine Mile Creek

5709 Rowland 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.

property at 10401 Cedar Lk Rd S

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom Rentals

Available Jun 15

10401 Cedar Lk Rd S

MinnetonkaMN55305
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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
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Chasewood Gates
1 to 2 Bedroom Apartments

Chasewood Gates

6100 Chasewood PkyMinnetonka, MN 55343
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Brentwood Park Townhomes
Rent Specials
$1,053 - $2,274
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,049 - $2,270
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Brentwood Park Townhomes

1301 Highway 7Hopkins, MN 55305
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property at 709 11th Ave S

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

709 11th Ave S, Unit 6

709 11th Ave S
HopkinsMN55343

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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Oaks Lincoln Apartments
$1,182 - $2,280
Total Monthly Price

Total Monthly Price

Base Rent
$1,168 - $2,266
Required Monthly Fees
$14

Total Monthly Price
$1,182 - $2,280
Studio to 3 Bedroom Apartments Available Jul 17

Oaks Lincoln Apartments

5200 Lincoln DrEdina, MN 55436
Eco-Friendly
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property at 930 Westbrooke Way

$1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

930 Westbrooke Way, Unit 930-1

930 Westbrooke Way
HopkinsMN55343
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Oakridge Apartments
$1,299 - $1,495
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,299 - $1,495

Total Monthly Price
$1,299 - $1,495
1 to 2 Bedroom Apartments Available Now

Oakridge Apartments

640 Oak Ridge RdHopkins, MN 55305
Active Lifestyle
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5th On Main
Rent Specials
$1,300 - $1,840
Total Monthly Price1 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
Furnished
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property at 932 Westbrooke Way

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

2 Bedroom, 1 Bath Home for Rent

Available Now

932 Westbrooke Way

HopkinsMN55343

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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Shelard Village Apartments
Rent Specials
$1,415 - $2,095
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $2,075
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Shelard Village Apartments

400 Ford RdSt. Louis Park, MN 55426
Corporate Housing
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  • Utilities Included
property at 1007 11th Ave S

$1,450

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Condo for Rent

Available Now

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

1007 11th Ave S
HopkinsMN55343
property at 935 11th Ave S

$1,460

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,460

Total Monthly Price
$1,460

2 Bedroom, 1 Bath Condo for Rent

Available Now

935 11th Ave S, Unit 8

935 11th Ave S
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
  • Utilities Included
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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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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 $1,018. The Dubliner has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable East Minnetonka apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Hopkins Village ApartmentsOne Bedroom1BR,1BA$1,018
The Dubliner1 Bedroom1BR,1BA$1,050
Crown Ridge ApartmentsWashington1BR,1BA$1,099
Minnetonka StationLanewood A - Income RestrictedStudio,1BA$1,158
Brentwood ApartmentsSovereign1BR,1BA$1,224
Brentwood Park TownhomesSovereign1BR,1BA$1,224
Cedar Ridge Apartments1 w/balcony1BR,1BA$1,250
Brier Creek ApartmentsStudio EStudio,1BA$1,295
Oakridge Apartments11BR,1BA$1,299
Parkside Apartments2 BR - 35 Building2BR,1BA$1,300

Best Value Apartments for Rent in East Minnetonka, MN

As of June 11, 2026 the best value apartment in the East Minnetonka area is the $1.57 price per square foot Three Bedroom Model at The Ridge Apartments in the in the Groveland neighborhood starting from $2,300. The second greatest value East Minnetonka apartment is the B2M Model at Avana Minnetonka starting at $1,903 with a $1.51 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.
The Ridge ApartmentsThree Bedroom3BR,2BA$1.57
Avana MinnetonkaB2M2BR,2BA$1.51
Claremont ApartmentsE12BR,2BA$1.49
Shelard Village ApartmentsThe Blue Jay2BR,2BA$1.64
Minnetonka Hills Apartments1 Bedroom1BR,1BA$1.40
Cedar Ridge Apartments1 w/balcony1BR,1BA$1.54
Parkside Apartments2 BR - 35 Building2BR,1BA$1.63
Oakridge Apartments11BR,1BA$1.65
The Dubliner1 Bedroom1BR,1BA$1.50
Crown Ridge ApartmentsWashington1BR,1BA$1.64

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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Real 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.

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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.

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 $1,300.

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 $1,018, while the average apartment in East Minnetonka costs $2,999.

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 $198 which is $2,801 cheaper than the average rent for all rentals in East 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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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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.