948 Westbrooke Way
HopkinsMN55343
Cheap Homes for Rent in Tonka Bay, MN from $1,200 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Tonka Bay.
903 11th Ave S
HopkinsMN55343
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.
902 9th Ave S
HopkinsMN55343
2730 Orchard Ln
ExcelsiorMN55331
4470 Denbigh Rd
MoundMN55364
2726 Upland Ct
MinneapolisMN55447
7505 Villa Ct
Eden PrairieMN55346
1845 Zanzibar Ln N
PlymouthMN55447
5043 Shoreline Dr
MoundMN55364
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.
1944 Shamrock Pl
ChaskaMN55318
2755 Ranchview Ln N
PlymouthMN55447
Showing Results 1-11, Page 1 of 1
Tonka Bay, MN Local Guide
Lake Minnetonka by m01229 is licensed under CC BY 2.0
How much does it cost to rent a home in Tonka Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tonka Bay 2 Bedroom Homes for Rent | $1,798 | $1,300 | $2,600 |
| Tonka Bay 3 Bedroom Homes for Rent | $3,342 | $1,450 | $8,900 |
| Tonka Bay 4 Bedroom Homes for Rent | $5,778 | $3,299 | $8,600 |
| Tonka Bay 5 Bedroom Homes for Rent | $5,747 | $2,450 | $10,000+ |
| Tonka Bay 6 Bedroom Homes for Rent | $4,500 | $4,400 | $4,600 |
Browse Top Homes for Rent in Tonka Bay
Explore Tonka Bay
Tonka Bay, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1,080 |
| Stratford Wood | Sapling | Studio,1BA | $1,187 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Hunters Ridge | Jennings | 1BR,1BA | $1,230 |
| Victoria Flats | Boulevard | Studio,1BA | $1,246 |
Best Value Apartments for Rent in Tonka Bay, MN and Nearby
As of July 14, 2025 the best value apartment in the Tonka Bay area is the $1.64 price per square foot Hawthorne Model at Saddlewood Park Townhomes in the in the Glen Lake neighborhood starting from $2,260. The second greatest value Tonka Bay apartment is the 1A Model at Lake Hazeltine Woods starting at $2,175 with a $1.78 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 | Hawthorne | 2BR,1.5BA | $1.64 |
| Lake Hazeltine Woods | 1A | 1BR,1BA | $1.78 |
| Hazeltine Shores | The Haze | 2BR,1.8BA | $1.76 |
| AbleLight Village | The Isles | 2BR,2BA | $1.77 |
| Chanhassen Village | 2BR 1BA-U | 2BR,1BA | $1.46 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.41 |
| Wayzata Lake Apartments | 1BR/1.0BA | 1BR,1BA | $1.66 |
| 3455 Shoreline Dr, Unit 1 | 3455 Shoreline Dr | 2BR,1BA | $1.69 |
| Hunters Ridge | Jennings | 1BR,1BA | $1.77 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.55 |
Quick 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.
Let everyone know!
Do you know the Tonka Bay area?
If you’re an expert on all things Tonka Bay, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Tonka Bay
What type of rentals are currently available in Tonka Bay?
There are currently 65 Apartments for Rent in Tonka Bay, MN with pricing that ranges from $1,000 to $9,395. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tonka Bay ranging from $1,250 to $15,975.
What is the current price range for Rental Homes in Tonka Bay?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Tonka Bay ranges from $1,250 to $15,975 with an average monthly rent of $3,735.
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.
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.
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.
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.