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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Tonka Bay Studio Apartments | $1,377 | $1,000 | $1,570 |
| Cheap Tonka Bay 1 Bedroom Apartments | $1,682 | $1,105 | $2,812 |
| Cheap Tonka Bay 2 Bedroom Apartments | $2,439 | $1,200 | $8,250 |
| Cheap Tonka Bay 3 Bedroom Apartments | $3,090 | $1,350 | $9,250 |
The cheapest available apartment rental in Tonka Bay, MN is a 1 Bed unit found at Lakecrest Apartments in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,099. Bay Pointe Apartments in the Pinehurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,155. Here is today’s list of the most affordable Tonka Bay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakecrest Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,099 |
| Bay Pointe Apartments | 1BR / 1BA | 1BR,1BA | $1,155 |
| Christmas Lake Manor Apartments | Two Bedroom/ One Bathroom | 2BR,1BA | $1,200 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Minnetonka Edgewater | One Bedroom, One Bathroom | 1BR,1BA | $1,250 |
| Bayview Apartments | 1BR | 1BR,1BA | $1,250 |
| Hunters Ridge | Jennings | 1BR,1BA | $1,250 |
| Shorewood Place Apartments | 1 Bedroom | 1BR,1BA | $1,250 |
| Stratford Wood | Timberland Deluxe | 1BR,1BA | $1,320 |
| Excelsior Manor Apartments | 2BR 1BA - 1st Floor | 2BR,1BA | $1,410 |
As of January 07, 2026 the best value apartment in the Tonka Bay area is the $1.40 price per square foot Floorplan C Model at Highland Shores Apartments in the in the The Preserve neighborhood starting from $2,055. The second greatest value Tonka Bay apartment is the Windsor Model at Saddlewood Park Townhomes starting at $2,395 with a $1.67 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Highland Shores Apartments | Floorplan C | 2BR,2BA | $1.40 |
| Saddlewood Park Townhomes | Windsor | 3BR,2.5BA | $1.67 |
| Bayview Apartments | 2BR | 2BR,2BA | $1.45 |
| Powers Ridge Rental Condos | 2BR/1.0BA | 2BR,1BA | $1.64 |
| Hazeltine Shores | Woodridge | 2BR,1.8BA | $1.67 |
| Christmas Lake Manor Apartments | Two Bedroom/ One Bathroom | 2BR,1BA | $1.24 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.25 |
| Chanhassen Village | 2BR 1BA-U-1 | 2BR,1BA | $1.68 |
| Excelsior Manor Apartments | 2BR 1BA - 1st Floor | 2BR,1BA | $1.70 |
| Lakecrest Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.51 |
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Currently the most affordable Cheap Studio Apartment in Tonka Bay is at Stratford Wood listed at $1,366.
The lowest price for a Cheap One Bedroom Tonka Bay Apartment is $1,099 at Lakecrest Apartments.
Today's best deal for a Cheap Two Bedroom Apartment in Tonka Bay is starting from $1,200 at Christmas Lake Manor Apartments.
The best deal on a cheap Tonka Bay Three Bedroom Apartment rental is at Hazeltine Shores and starts from $2,075.
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.
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.
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
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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.
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Everything is a negotiation in real estate!
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