
Cheap Homes for Rent in Minnetonka, MN from $700 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Minnetonka.


1304 W Medicine Lake Dr

917 11th Ave S

903 11th Ave S

930 6th St S

918 9th Ave S
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.

10301 Cedar Lk Rd S

6710 Vernon Ave S

902 9th Ave S

1006 Westbrooke Way

906 9th Ave S

946 Westbrooke Way

24 16th Ave N
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.

15280 Lesley Ln

6730 Vernon Ave S, Unit Fountain Woods II 404

15625 24th Ave N

15625 24th Ave N

13525 Zenith Ln

13525 Zenith Ln

1859 Yuma Ln N
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.

1859 Yuma Ln N
Minnetonka, MN Local Guide

How much does it cost to rent a home in Minnetonka?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Minnetonka 2 Bedroom Homes for Rent | $1,937 | $1,200 | $3,730 |
Minnetonka 3 Bedroom Homes for Rent | $3,202 | $1,895 | $10,000+ |
Minnetonka 4 Bedroom Homes for Rent | $3,694 | $750 | $8,600 |
Minnetonka 5 Bedroom Homes for Rent | $5,955 | $2,995 | $10,000+ |
Minnetonka 6 Bedroom Homes for Rent | $4,300 | $4,300 | $4,300 |
Browse Top Homes for Rent in Minnetonka
Explore Minnetonka
Minnetonka, MN Local Guide
- Minnetonka Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Minnetonka, MN
Pricing Updated: 10/14/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Hennepin Far Western Suburbs | $3,445 | $695 | 1447 |
Cheapest Available Minnetonka Apartments for Rent
 The cheapest available apartment rental in Minnetonka, MN is a Studio unit found at Claremont Apartments in the Glen Lake neighborhood priced from $985. Hopkins Village Apartments in the Glen Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $988. Here is today’s list of the most affordable Minnetonka apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Claremont Apartments | Studio | Studio,1BA | $985 |
Hopkins Village Apartments | One Bedroom | 1BR,1BA | $988 |
1210-1220 Cambridge St. (Hopkins) | 1BR Renovated | 1BR,1BA | $999 |
Hiawatha Court | 1 Bedroom | 1BR,1BA | $1,007 |
Brentwood Apartments | Studio | Studio,1BA | $1,030 |
Best Value Apartments for Rent in Minnetonka, MN
As of October 14, 2025 the best value apartment in the Minnetonka area is the $1.48 price per square foot Birchwood Model at ReNew PARKone in the in the Shelard Park neighborhood starting from $1,665. The second greatest value Minnetonka apartment is the The Jeanette Model at Wilshire Wood starting at $1,480 with a $1.42 price per square foot in the Aquila neighborhood. Here is today’s list of the best values for Minnetonka apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
ReNew PARKone | Birchwood | 2BR,2BA | $1.48 |
Wilshire Wood | The Jeanette | 2BR,1BA | $1.42 |
Rhode Island Chateau Apartments | Two Bedroom | 1BR,1BA | $1.45 |
CMM Aquila Flats 8216 W 31st St. | 2BR/1.0BA | 2BR,1BA | $1.37 |
Crown Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.20 |
Rosewood West | 1 Bedroom - Available in October! | 1BR,1BA | $1.38 |
Knollwood Estates | 2 Bedroom | 2BR,1BA | $1.41 |
Shenandoah Woods Apartments | 2 Bed /1 Bath | 2BR,1BA | $1.42 |
Stratford Wood | Timberland + Den | 1BR,1BA | $1.49 |
Ramsgate | Oxford | 1BR,1BA | $1.48 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMinnetonka, MN
Ranked #8
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Minnetonka, MN
Minnetonka Senior High
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Minnetonka, MN Rentals by Map
See the most popular apartments and homes in Minnetonka, MN
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 $988 to $7,243. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minnetonka ranging from $750 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 $750 to $12,500 with an average monthly rent of $3,095.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.