2200 Nevada Ave
St. Louis ParkMN55426
Cheap Homes for Rent in Minnetonka, MN from $1,000 (35 Rentals)
Search the lowest-cost Homes available for rent right now in Minnetonka.
808 Old Settlers Trl, Unit 6
808 Old Settlers Trl
HopkinsMN55343
2200 Nevada Ave
MinneapolisMN55426
2200 Nevada Ave S
St. Louis ParkMN55426
1304 W Medicine Lake Dr, Unit 117B
1304 W Medicine Lake Dr
MinneapolisMN55441
7412 22nd W St, Unit 315
7412 22nd W St
MinneapolisMN55426
10211 Cedar Lk Rd S
MinnetonkaMN55305
930 Westbrooke Way
HopkinsMN55343
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.
901 11th Ave S, Unit 901 11th Avenue South 4
901 11th Ave S
HopkinsMN55343
1304 W Medicine Lake Dr
MinneapolisMN55441
1304 W Medicine Lake Dr, Unit 118
1304 W Medicine Lake Dr
MinneapolisMN55441
1007 11th Ave S
HopkinsMN55343
10301 Cedar Lk Rd S
MinnetonkaMN55305
932 Westbrooke Way
HopkinsMN55343
800 6th St S, Unit 800 6th Street South 2 Hopkins, MN 55343
800 6th St S
HopkinsMN55343
1007 11th Ave S, Unit 1007 11th Ave S
1007 11th Ave S
HopkinsMN55343
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
935 11th Ave S, Unit 8
935 11th Ave S
HopkinsMN55343
747 11th Ave S
HopkinsMN55343
3140 Utah Ave S
MinneapolisMN55426
3140 Utah Ave S
MinneapolisMN55426
6730 Vernon Ave S, Unit 309
6730 Vernon Ave S
MinneapolisMN55436
1029 Smetana Rd, Unit 4
1029 Smetana Rd
HopkinsMN55343
13316 Zenith Ln, Unit 13316
13316 Zenith Ln
Eden PrairieMN55346
13316 Zenith Ln
Eden PrairieMN55346
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
950 Westbrooke Way
HopkinsMN55343
17490 Pond Cir
Eden PrairieMN55346
608 7th Ave S
HopkinsMN55343
5607 Green Cir Dr
MinnetonkaMN55343
1822 Yuma Ln N
PlymouthMN55447
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$1,8503 Bedroom Apartments Available Now
2902 Texas Ave S, Unit 2902
2902 Texas Ave SMinneapolis, MN 55426
2902 Texas Ave S
MinneapolisMN55426
1241 Wagon Wheel Rd
HopkinsMN55343
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
14325 Fairway Dr
Eden PrairieMN55344
1155 Ford Rd
MinneapolisMN55426
1155 Ford Rd
MinneapolisMN55426
Showing Results 1-35, Page 1 of 1
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 | $2,175 | $1,350 | $8,500 |
| Minnetonka 3 Bedroom Homes for Rent | $2,835 | $1,750 | $8,995 |
| Minnetonka 4 Bedroom Homes for Rent | $4,610 | $2,495 | $10,000+ |
| Minnetonka 5 Bedroom Homes for Rent | $6,912 | $4,200 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Minnetonka
Explore Minnetonka
Minnetonka, MN Local Guide
- Minnetonka Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Minnetonka, MN
Pricing Updated: 09/04/2026Current apartment rentals in the Minnetonka, MN area range in price from $895 to $13,958 with an overall median price of $1,852. 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 | $1,852 | $895 | 1360 |
Cheapest Available Minnetonka Apartments for Rent
The cheapest available apartment rental in Minnetonka, MN is a 1 Bed unit found at Trailway Apartments in the Creekside neighborhood priced from $925. Hopkins Village Apartments in the Hopkins neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,018. Here is today’s list of the most affordable Minnetonka apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Trailway Apartments | Trailway Apartments - 8340-... | 1BR,1BA | $925 |
| Hopkins Village Apartments | One Bedroom | 1BR,1BA | $1,018 |
| Fine Living at Aquila Park & Royal Park | The Opal | Studio,1BA | $1,031 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1,050 |
| Town Terrace Apartments | 1 BR/1 BA | 1BR,1BA | $1,050 |
| Trailside Apartments | 1 Bedroom | 1BR,1BA | $1,060 |
| Knollwood Towers West Apartments | Studio | Studio,1BA | $1,069 |
| Creek Point Apartments | Studio | Studio,1BA | $1,075 |
| Cambridge Towers Apartments | Studio | Studio,1BA | $1,075 |
| Ramsgate | Oxford | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Minnetonka, MN
As of September 04, 2026 the best value apartment in the Minnetonka area is the $1.49 price per square foot 3 Bedroom - C1 Model at Oaks Lincoln Apartments in the in the Edina neighborhood starting from $2,270. The second greatest value Minnetonka apartment is the Portland Cutter Model at Carriage House Apartments starting at $1,795 with a $1.39 price per square foot in the Hopkins 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. |
|---|---|---|---|
| Oaks Lincoln Apartments | 3 Bedroom - C1 | 3BR,2BA | $1.49 |
| Carriage House Apartments | Portland Cutter | 2BR,2BA | $1.39 |
| Avana Minnetonka | B2M | 2BR,2BA | $1.40 |
| Cottages of Edina | 2BR/1.0BA | 2BR,1BA | $1.29 |
| Rosewood West | Two Bedroom | 2BR,1.75BA | $1.37 |
| Minnetonka Hills Apartments | 1 Bedroom | 1BR,1BA | $1.41 |
| Aquila Flats | 2BR/1.0BA | 2BR,1BA | $1.39 |
| Ramsgate | Oxford | 1BR,1BA | $1.46 |
| 1510 on Main | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.47 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1.50 |
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.
Read Article
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read Article
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Minnetonka, MNPopulation: 53,953
Ranked #723
in US Census Population by City
Best Local Schools in Minnetonka, MN
Groveland Elementary School
Minnetonka Public School District
Public School - Grades K-5 (903)
10 out of 10
Minnetonka Senior High School
Minnetonka Public School District
Public School - Grades 9-12 (3514)
10 out of 10
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 305 Apartments for Rent in Minnetonka, MN with pricing that ranges from $895 to $14,019. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minnetonka ranging from $1,000 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 $1,000 to $12,500 with an average monthly rent of $2,904.
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
Authentic Minneapolis: An Insider's 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.
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.
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.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.