Cheap Homes for Rent in Minnetonka, MN from $1,000 (23 Rentals)

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

property at 941 11th Ave S

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Townhome for Rent

Available Apr 1

941 11th Ave S

HopkinsMN55343
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

$1,198

Total Monthly Price

Total Monthly Price

Base Rent
$1,198

Total Monthly Price
$1,198

1 Bedroom, 1 Bath Townhome for Rent

Available Now

810 9th Ave S

HopkinsMN55343
property at 709 11th Ave S

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

709 11th Ave S, Unit 6

709 11th Ave S
HopkinsMN55343
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 1006 Westbrooke Way

$1,275

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

1 Bedroom, 1 Bath Condo for Rent

Available May 1

1006 Westbrooke Way, Unit 1

1006 Westbrooke Way
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 1006 Westbrooke Way

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

1 Bedroom, 1 Bath Condo for Rent

Available May 1

1006 Westbrooke Way

HopkinsMN55343
property at 935 11th Ave S

$1,295

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Condo for Rent

Available Now

935 11th Ave S, Unit 3

935 11th Ave S
HopkinsMN55343
property at 7414 W 22nd St

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

7414 W 22nd St, Unit 315

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 Mar 15

805 Smetana Rd

HopkinsMN55343
property at 7414 W 22nd St

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

7414 W 22nd St, Unit 112

7414 W 22nd St
St. Louis ParkMN55426
property at 825 Old Settlers Trail

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Condo for Rent

Available May 1

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 814 Old Settlers Trail

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

2 Bedroom, 1 Bath Townhome for Rent

Available Apr 1

property at 825 Old Settlers Trl

$1,425

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

2 Bedroom, 1 Bath Condo for Rent

Available May 1

825 Old Settlers Trl, Unit 7

825 Old Settlers Trl
HopkinsMN55343
property at 7412 W 22nd St

$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 Apr 1

7412 W 22nd St, Unit Greensboro Condos

7412 W 22nd St
MinneapolisMN55426
property at 936 Westbrooke Way

$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 May 1

936 Westbrooke Way, Unit 4

936 Westbrooke Way
HopkinsMN55343
property at 936 Westbrooke Way

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Condo for Rent

Available May 1

936 Westbrooke Way

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 533 Maple Square

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Townhome for Rent

Available May 1

533 Maple Square

WayzataMN55391

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 350 Ford Rd

$1,700

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Townhome for Rent

Available Now

350 Ford Rd, Unit 7

350 Ford Rd
MinneapolisMN55426

Minnetonka, MN Local Guide

Cheapest Neighborhoods for Apartments in Minnetonka, MN

Pricing Updated: 03/06/2026

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$3,612$7601593

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. Brentwood Apartments in the Glen Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $904. 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
Brentwood ApartmentsStudioStudio,1BA$904
Brentwood Park TownhomesStudioStudio,1BA$904
1210-1220 Cambridge St. (Hopkins)1b1BR,1BA$999
Knollwood Towers West ApartmentsStudioStudio,1BA$999

Best Value Apartments for Rent in Minnetonka, MN and Nearby

As of March 06, 2026 the best value apartment in the Minnetonka area is the $1.05 price per square foot San Simeon South Model at Auburn Townhomes in the in the Creekside neighborhood starting from $2,030. The second greatest value Minnetonka apartment is the 3 Bed 2 Bath Model at Crown Ridge Apartments starting at $1,721 with a $1.45 price per square foot in the Shelard Park 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.
Auburn TownhomesSan Simeon South2BR,1.5BA$1.05
Crown Ridge Apartments3 Bed 2 Bath3BR,2BA$1.45
Rhode Island Chateau ApartmentsTwo Bedroom1BR,1BA$1.45
Chanhassen Village2BR 1BA-U-12BR,1BA$1.47
Rosewood West1 Bedroom - Available NOW!!1BR,1BA$1.48
Knollwood Estates2 Bedroom2BR,1BA$1.41
Cottages of EdinaWelcome to our beautiful 1 bedroom1BR,1BA$1.44
RamsgateDerby1BR,1BA$1.45
Creek Point Apartments1 Bedroom 1 Bathroom1BR,1BA$1.45
The Dubliner1 Bedroom1BR,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.

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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

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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Minnetonka, MN
Population: 53,953

Ranked #723

in US Census Population by City

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

Explore Minnetonka, MN Rentals by Map

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Frequently Asked Questions about Minnetonka

What type of rentals are currently available in Minnetonka?

There are currently 293 Apartments for Rent in Minnetonka, MN with pricing that ranges from $904 to $7,390. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minnetonka ranging from $1,000 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 $1,000 to $8,995 with an average monthly rent of $2,874.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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

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.