Cheap Apartments for Rent in Tonka Bay, MN from $800 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in Tonka Bay.

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 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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Excelsior Lake
2 Bedroom Apartments

Excelsior Lake

500-520 Linden StExcelsior, MN 55331
  • Utilities Included

Navigating 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.

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Tonkaway Apartments
2 Bedroom Apartments

Tonkaway Apartments

818 Third AveExcelsior, MN 55331
  • Utilities Included
Showing Results 1-31, Page 1 of 1

Tonka Bay, MN Local Guide

Cheapest Available Tonka Bay Apartments for Rent and Nearby

 

The cheapest available apartment rental in Tonka Bay, MN is a 1 Bed unit found at Christmas Lake Manor Apartments in the Pinehurst neighborhood priced from $1,080. Stratford Wood in the Glen Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,187. Here is today’s list of the most affordable Tonka Bay apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1,080
Stratford WoodSaplingStudio,1BA$1,187
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1,200
Hunters RidgeJennings1BR,1BA$1,230
Victoria FlatsBoulevardStudio,1BA$1,246
Chanhassen Village2BR 1BA2BR,1BA$1,280
Lakecrest Apartments1 Bedroom 1 Bathroom1BR,1BA$1,299
Greenwood ManorOne Bedroom B1BR,1BA$1,415
Wayzata Lake Apartments2BR/1.0BA2BR,1BA$1,425

Best Value Apartments for Rent in Tonka Bay, MN and Nearby

As of July 22, 2025 the best value apartment in the Tonka Bay area is the $1.36 price per square foot Floorplan C Model at Highland Shores Apartments in the in the The Preserve neighborhood starting from $1,985. The second greatest value Tonka Bay apartment is the Windsor Model at Saddlewood Park Townhomes starting at $2,495 with a $1.74 price per square foot in the Glen Lake neighborhood. Here is today’s list of the best values for Tonka Bay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Highland Shores ApartmentsFloorplan C2BR,2BA$1.36
Saddlewood Park TownhomesWindsor3BR,2.5BA$1.74
Lake Hazeltine Woods1A1BR,1BA$1.78
AbleLight VillageThe Isles2BR,2BA$1.77
Chanhassen Village2BR 1BA-U2BR,1BA$1.46
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1.41
3455 Shoreline Dr, Unit 13455 Shoreline Dr2BR,1BA$1.69
Lakecrest Apartments1 Bedroom 1 Bathroom1BR,1BA$1.78
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1.55
Hunters RidgeJennings1BR,1BA$1.77

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Getting Around Tonka Bay, MN

Walk Score®

38 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Tonka Bay Apartments

What is the Cheapest Studio apartment in Tonka Bay?

Currently the most affordable Cheap Studio Apartment in Tonka Bay is at Stratford Wood listed at $1,187.

How much is rent for a Cheap One Bedroom Tonka Bay Apartment?

The lowest price for a Cheap One Bedroom Tonka Bay Apartment is $1,080 at Christmas Lake Manor Apartments.

What is the lowest price for a Cheap Two Bedroom Tonka Bay Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Tonka Bay is starting from $1,200 at Christmas Lake Manor Apartments.

What is the most affordable Tonka Bay Three Bedroom Apartment?

The best deal on a cheap Tonka Bay Three Bedroom Apartment rental is at Saddlewood Park Townhomes and starts from $2,495.

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.

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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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.