
Cheap Apartments for Rent in Tonka Bay, MN from $800 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Tonka Bay.


Bayview Apartments

Total Monthly Price
Hunters Ridge

Christmas Lake Manor Apartments

Bay Pointe Apartments

Your Next Chapter, Steps from the Lake

Minnetonka Edgewater
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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.

Chanhassen Village

Total Monthly Price
Stratford Wood

Langdon Lake Apartments

Shorewood Place Apartments

Lakecrest Apartments

Harbor District Apartments

Springs at McKnight Lake
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.

Greenwood Manor

Total Monthly Price
Hazeltine Shores

Total Monthly Price
Venue

Highland Shores Apartments

Heritage Park Apartments

Lake Susan Apartments

Victoria Flats
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Morse Manor

917 11th Ave S

1006 Westbrooke Way

906 9th Ave S
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Tonka Bay, MN Local Guide

How much does it cost to rent an apartment in Tonka Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Tonka Bay Studio Apartments | $1,305 | $1,000 | $1,553 |
| Cheap Tonka Bay 1 Bedroom Apartments | $1,586 | $1,080 | $2,812 |
| Cheap Tonka Bay 2 Bedroom Apartments | $2,385 | $1,200 | $7,500 |
| Cheap Tonka Bay 3 Bedroom Apartments | $2,784 | $1,350 | $5,710 |
Browse Top Apartments in Tonka Bay
See all Apartments in Tonka BayExplore Tonka Bay
Tonka Bay, MN Local Guide
- Nearby Cities
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Cheapest Available Tonka Bay Apartments for Rent
 The cheapest available apartment rental in Tonka Bay, MN is a 1 Bed unit found at Your Next Chapter, Steps from the Lake in the Groveland neighborhood priced from $1,145. Minnetonka Edgewater in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here is today’s list of the most affordable Tonka Bay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Your Next Chapter, Steps from the Lake | 1BR/1.0BA | 1BR,1BA | $1,145 |
| Minnetonka Edgewater | Newly Renovated Studio | Studio,1BA | $1,150 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Christmas Lake Manor Apartments | Two Bedroom/ One Bathroom | 2BR,1BA | $1,200 |
| Bayview Apartments | 1BR | 1BR,1BA | $1,250 |
| Hunters Ridge | Jennings | 1BR,1BA | $1,250 |
| Shorewood Place Apartments | 1 Bedroom | 1BR,1BA | $1,250 |
| Lakecrest Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,299 |
| Harbor District Apartments | One Bedroom One Bath | 1BR,1BA | $1,350 |
| Stratford Wood | Glenn | 2BR,1BA | $1,365 |
Best Value Apartments for Rent in Tonka Bay, MN
As of November 05, 2025 the best value apartment in the Tonka Bay area is the $1.76 price per square foot Windsor Model at Saddlewood Park Townhomes in the in the Glen Lake neighborhood starting from $2,525. The second greatest value Tonka Bay apartment is the 1A Model at Lake Hazeltine Woods starting at $2,045 with a $1.67 price per square foot in the The Preserve 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. |
|---|---|---|---|
| Saddlewood Park Townhomes | Windsor | 3BR,2.5BA | $1.76 |
| Lake Hazeltine Woods | 1A | 1BR,1BA | $1.67 |
| Powers Ridge Rental Condos | 2BR/1.0BA | 2BR,1BA | $1.77 |
| Christmas Lake Manor Apartments | Two Bedroom/ One Bathroom | 2BR,1BA | $1.24 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.25 |
| Bayview Apartments | 1BR | 1BR,1BA | $1.39 |
| Greenwood Manor | One Bedroom A | 1BR,1BA | $1.74 |
| Your Next Chapter, Steps from the Lake | 1BR/1.0BA | 1BR,1BA | $1.43 |
| Lakecrest Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.78 |
| Shorewood Place Apartments | 1 Bedroom | 1BR,1BA | $1.79 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleQuick 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.
Pet Friendly Lifestyle
Ranked #
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Tonka Bay, MN Rentals by Map
See the most popular apartments and homes in Tonka Bay, MN
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 Springs at McKnight Lake listed at $1,405.
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 Langdon Lake 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 Hazeltine Shores and starts from $2,045.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.


