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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tonka Bay Studio Apartments | $1,393 | $1,000 | $1,603 |
| Tonka Bay 1 Bedroom Apartments | $1,693 | $1,155 | $2,812 |
| Tonka Bay 2 Bedroom Apartments | $2,474 | $1,200 | $8,950 |
| Tonka Bay 3 Bedroom Apartments | $3,183 | $1,350 | $9,250 |
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. Excelsior Manor Apartments in the Pinehurst neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here is today’s list of the most affordable Tonka Bay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1,080 |
| Excelsior Manor Apartments | Studio/1ba | Studio,1BA | $1,095 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,099 |
| Stratford Wood | Sapling | Studio,1BA | $1,126 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Shorewood Place Apartments | 1 Bedroom | 1BR,1BA | $1,295 |
| Bay Pointe Apartments | 1 BR 1BA - 1st Floor - Upgraded | 1BR,1BA | $1,400 |
| Harbor District Apartments | Top Floor Large One Bedroom | 1BR,1BA | $1,425 |
| Venue on 78th | Ballad | Studio,1BA | $1,425 |
| Bayview Apartments | 2BR | 2BR,2BA | $1,500 |
As of February 21, 2026 the best value apartment in the Tonka Bay area is the $1.60 price per square foot Windsor Model at Saddlewood Park Townhomes in the in the Glen Lake neighborhood starting from $2,295. The second greatest value Tonka Bay apartment is the Floorplan A Model at Highland Shores Apartments starting at $1,925 with a $1.55 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 | $1.60 |
| Highland Shores Apartments | Floorplan A | 2BR,2BA | $1.55 |
| Lake Hazeltine Woods | 1A | 1BR,1BA | $1.67 |
| Hazeltine Shores | The Haze | 2BR,1.8BA | $1.76 |
| Bayview Apartments | 2BR | 2BR,2BA | $1.53 |
| Chanhassen Village | 2BR 1BA-U-1 | 2BR,1BA | $1.68 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.51 |
| Stratford Wood | Timberland | 1BR,1BA | $1.78 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.55 |
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Currently the most affordable Cheap Studio Apartment in Tonka Bay is at Excelsior Manor Apartments listed at $1,095.
The lowest price for a Cheap One Bedroom Tonka Bay Apartment is $1,080 at Christmas Lake Manor 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 $2,145.
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.
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.
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.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.
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.
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