Cheap Homes for Rent in Minnetonka, MN from $1,100 (17 Rentals)

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Search the lowest-cost Homes available for rent right now in Minnetonka.

property at 825 Old Settlers Trail

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Townhome for Rent

Available Now

property at 917 11th Ave S

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom Rentals

Available Now

917 11th Ave S

HopkinsMN55343
property at 810 9th Ave S

$1,227

Total Monthly Price

Total Monthly Price

Base Rent
$1,227

Total Monthly Price
$1,227

1 Bedroom, 1 Bath Townhome for Rent

Available Feb 1

810 9th Ave S

HopkinsMN55343
property at 739 11th Ave S

$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

739 11th Ave S, Unit 739#8

739 11th Ave S
HopkinsMN55343

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 946 Westbrooke Way

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Townhome for Rent

Available Now

946 Westbrooke Way

HopkinsMN55343
property at 7414 W 22nd St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Townhome for Rent

Available Now

7414 W 22nd St

St. Louis ParkMN55426
property at 805 Smetana Rd

$1,375

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

2 Bedroom, 1 Bath Townhome for Rent

Available Feb 1

805 Smetana Rd

HopkinsMN55343
property at 9147 Highway 55

$1,395

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Condo for Rent

Available Now

9147 Highway 55, Unit 301

9147 Highway 55
Golden ValleyMN55427
property at 1025 Smetana Rd

$1,450

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Condo for Rent

Available Now

1025 Smetana Rd, Unit 3

1025 Smetana Rd
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.

property at 741 11th Ave S

$1,475

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
$1,475

2 Bedroom, 1 Bath Condo for Rent

Available Now

741 11th Ave S, Unit 741 #8

741 11th Ave S
HopkinsMN55343
property at 2335 Hemlock Ln N

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

1 Bedroom, 1 Bath Home for Rent

Available Now

2335 Hemlock Ln N

PlymouthMN55441
property at 15280 Lesley Ln

$1,499

Total Monthly Price

Total Monthly Price

Base Rent
$1,499

Total Monthly Price
$1,499

2 Bedroom, 1 Bath Condo for Rent

Available Now

15280 Lesley Ln

Eden PrairieMN55346
property at 942 Westbrooke Way

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Condo for Rent

Available Now

942 Westbrooke Way

HopkinsMN55343
property at 6730 Vernon Ave S

$1,595

Plus Fees

1 Bedroom, 1 Bath Home for Rent

Available Now

6730 Vernon Ave S

MinneapolisMN55436

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

property at 10531 Cedar Lake Rd

$1,600

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 2 Bath Condo for Rent

Available Now

10531 Cedar Lake Rd, Unit 312

10531 Cedar Lake Rd
HopkinsMN55305
property at 2340 Ives Ln N

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Home for Rent

Available Now

2340 Ives Ln N

MinneapolisMN55441

Minnetonka, MN Local Guide

Cheapest Neighborhoods for Apartments in Minnetonka, MN

Pricing Updated: 01/19/2026

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$4,995$650146

Cheapest Available Minnetonka Apartments for Rent and Nearby

 

The cheapest available apartment rental in Minnetonka, MN is a 1 Bed unit found at Crown Ridge Apartments in the Shelard Park neighborhood priced from $900. Villager Apartments in the Glen Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Minnetonka apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crown Ridge Apartments1 Bed 1 Bath1BR,1BA$900
Villager Apartments1 Bedroom1BR,1BA$995
1210-1220 Cambridge St. (Hopkins)1b1BR,1BA$999
Knollwood Towers West ApartmentsStudioStudio,1BA$999
Hopkins Village ApartmentsOne Bedroom1BR,1BA$1,018

Best Value Apartments for Rent in Minnetonka, MN and Nearby

As of January 20, 2026 the best value apartment in the Minnetonka area is the $1.33 price per square foot 1078 E Circle Dr Model at 1078 E Circle Dr, Unit 3 in the in the Groveland neighborhood starting from $1,595. The second greatest value Minnetonka apartment is the 110 Circle A Dr S Model at 110 Circle A Dr S, Unit 322 starting at $1,495 with a $1.30 price per square foot in the Groveland 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.
1078 E Circle Dr, Unit 31078 E Circle Dr2BR,1BA$1.33
110 Circle A Dr S, Unit 322110 Circle A Dr S2BR,1BA$1.30
Highcroft Manor Apartments Located in Wayzata, MN2BR/2.0BA2BR,2BA$1.50
Rhode Island Chateau ApartmentsTwo Bedroom1BR,1BA$1.45
Fine Living at Aquila Park & Royal ParkThe Sapphire2BR,1BA$1.36
Rosewood West1 Bedroom - Available Now!1BR,1BA$1.42
Copper Stone Apartments2 Bedroom 1 Bath2BR,1BA$1.47
Town Terrace Apartments2 BR/ 1 BA2BR,1BA$1.49
RamsgateOxford1BR,1BA$1.46
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

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Quick Rent Budget Calculator

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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 299 Apartments for Rent in Minnetonka, MN with pricing that ranges from $950 to $7,552. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minnetonka ranging from $1,100 to $8,995.

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 $1,100 to $8,995 with an average monthly rent of $3,065.

How much are larger Three and Four Bedroom Rentals in Minnetonka?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Minnetonka range from $1,300 to $5,417, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,099 to $7,000. Four Bedroom Single-Family rentals are also available starting from $2,348 and Four Bedroom Apartments start at $2,895.

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

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.

decorative image for Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters article

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

decorative image for Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers article

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

decorative image for Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes article

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes

Written by: Stephanie Lica

Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.

Articles, How-To's, and Tips

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!