Cheap Apartments for Rent in Tonka Bay, MN from $800 (30 Rentals)

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

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.

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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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Venue
Rent Specials
$1,477 - $3,445
Total Monthly Price

Total Monthly Price

Base Rent
$1,472 - $3,440
Required Monthly Fees
$5
Total Monthly Price
$1,477 - $3,445
Studio to 3 Bedroom Apartments Available Now

Venue

541 W 78th StChanhassen, MN 55317
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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3812 Park Ln

Spring ParkMN55384
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Excelsior Lake
1 to 2 Bedroom Apartments

Excelsior Lake

500-520 Linden StExcelsior, MN 55331
  • Utilities Included
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Tonkaway Apartments
2 Bedroom Apartments

Tonkaway Apartments

818 Third AveExcelsior, MN 55331
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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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Showing Results 1-30, 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. Hunters Ridge in the Glen Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,105. 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
Hunters RidgeCrystalStudio,1BA$1,105
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1,150
Minnetonka EdgewaterNewly Renovated StudioStudio,1BA$1,150
Stratford WoodTimberland Deluxe1BR,1BA$1,222
Wayzata Lake Apartments0BR/1.0BAStudio,1BA$1,275
Chanhassen Village2BR 1BA2BR,1BA$1,280
Lakecrest Apartments1 Bedroom 1 Bathroom1BR,1BA$1,299
Harbor District ApartmentsOne Bedroom One Bath1BR,1BA$1,395

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

As of September 07, 2025 the best value apartment in the Tonka Bay area is the $1.76 price per square foot 2 Bed 2 Bath Model at The Mist on Lake Minnetonka in the in the Outlying Hennepin Far Western Suburbs neighborhood starting from $3,295. The second greatest value Tonka Bay apartment is the Windsor Model at Saddlewood Park Townhomes starting at $2,350 with a $1.64 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.
The Mist on Lake Minnetonka2 Bed 2 Bath2BR,2BA$1.76
Saddlewood Park TownhomesWindsor3BR,2.5BA$1.64
Lake Hazeltine Woods1A1BR,1BA$1.67
Chanhassen Village2BR 1BA2BR,1BA$1.34
3455 Shoreline Dr, Unit 13455 Shoreline Dr2BR,1BA$1.50
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1.41
Greenwood ManorOne Bedroom A1BR,1BA$1.74
Harbor District ApartmentsLarge one bedroom with in unit W/D1BR,1BA$1.86
Lakecrest Apartments1 Bedroom 1 Bathroom1BR,1BA$1.78
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1.55

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Pet Friendly Lifestyle

Ranked #

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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

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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 Hunters Ridge listed at $1,105.

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 Lake Susan Apartments and starts from $2,152.

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.