Cheap Homes for Rent in Minnetonka, MN from $1,000 (27 Rentals)

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Search the lowest-cost Homes available for rent right now in 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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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property at 3733 Oregon Ave S

3733 Oregon Ave S

MinneapolisMN55426

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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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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Showing Results 1-27, Page 1 of 1

Minnetonka, MN Local Guide

Cheapest Neighborhoods for Apartments in Minnetonka, MN

Pricing Updated: 08/18/2025

Current apartment rentals in the Minnetonka, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Minnetonka Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Hennepin Far Western Suburbs$7,110$6951253

Cheapest Available Minnetonka Apartments for Rent

 

The cheapest available apartment rental in Minnetonka, MN is a 1 Bed unit found at Hopkins Village Apartments in the Glen Lake neighborhood priced from $988. Fine Living at Aquila Park & Royal Park in the Creekside neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here is today’s list of the most affordable Minnetonka apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hopkins Village ApartmentsOne Bedroom1BR,1BA$988
Fine Living at Aquila Park & Royal ParkThe OpalStudio,1BA$995
1210-1220 Cambridge St. (Hopkins)1b1BR,1BA$999
Brentwood Park TownhomesStudioStudio,1BA$1,025
The Dubliner1 Bedroom1BR,1BA$1,050
Trailside Apartments1 Bedroom1BR,1BA$1,060
Aquila Apartments1 Bedroom1BR,1BA$1,100
Crown Ridge Apartments2 Bed 1 Bath2BR,1BA$1,100
RamsgateOxford1BR,1BA$1,110
Stratford WoodTimberland1BR,1BA$1,122

Best Value Apartments for Rent in Minnetonka, MN

As of August 18, 2025 the best value apartment in the Minnetonka area is the $1.30 price per square foot 110 Circle A Dr S Model at 110 Circle A Dr S, Unit 230 in the in the Groveland neighborhood starting from $1,495. The second greatest value Minnetonka apartment is the 2 Bedroom 1 Bathroom Model at Knollwood Towers West Apartments starting at $1,399 with a $1.27 price per square foot in the Creekside neighborhood. Here is today’s list of the best values for Minnetonka apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
110 Circle A Dr S, Unit 230110 Circle A Dr S2BR,1BA$1.30
Knollwood Towers West Apartments2 Bedroom 1 Bathroom2BR,1BA$1.27
Wilshire WoodThe Jeanette2BR,1BA$1.42
Hunters RidgeLafayette2BR,1BA$1.42
Town Terrace Apartments2 BR/ 1 BA2BR,1BA$1.31
Chanhassen Village2BR 1BA-U2BR,1BA$1.46
Crown Ridge Apartments2 Bed 1 Bath2BR,1BA$1.20
Knollwood Estates2 Bedroom2BR,1BA$1.39
Rhode Island Chateau ApartmentsOne Bedroom1BR,1BA$1.28
RamsgateOxford1BR,1BA$1.48

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Minnetonka, MN

Ranked #8

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Minnetonka, MN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Minnetonka

What type of rentals are currently available in Minnetonka?

There are currently 298 Apartments for Rent in Minnetonka, MN with pricing that ranges from $975 to $10,198. There are also 83 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minnetonka ranging from $1,050 to $12,500.

What is the current price range for Rental Homes in Minnetonka?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Minnetonka ranges from $1,050 to $12,500 with an average monthly rent of $3,550.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.