4470 Denbigh Rd
MoundMN55364
Cheap Homes for Rent in Tonka Bay, MN from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Tonka Bay.
4973 3 Points Blvd
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.
1240 Wagon Wheel Rd
HopkinsMN55343
8327 Victoria Dr
VictoriaMN55386
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
1998 Siefert St
ChaskaMN55318
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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 | $2,298 | $1,250 | $3,600 |
| Tonka Bay 3 Bedroom Homes for Rent | $2,973 | $1,495 | $7,500 |
| Tonka Bay 4 Bedroom Homes for Rent | $3,498 | $2,899 | $5,500 |
| Tonka Bay 5 Bedroom Homes for Rent | $7,695 | $2,775 | $10,000+ |
Browse Top Homes for Rent in Tonka Bay
Explore Tonka Bay
Tonka Bay, MN Local Guide
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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 $1,085. 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 |
| Hunters Ridge | Crystal | Studio,1BA | $1,085 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in Tonka Bay, MN and Nearby
As of May 29, 2025 the best value apartment in the Tonka Bay area is the $1.74 price per square foot Hawthorne Model at Saddlewood Park Townhomes in the in the Glen Lake neighborhood starting from $2,399. 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 Laketown Colonial Townhomes 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 | $1.74 |
| Lake Hazeltine Woods | 1A | 1BR,1BA | $1.67 |
| Greenwood Manor | One Bedroom B | 1BR,1BA | $1.26 |
| Bayview Apartments | 2BR | 2BR,2BA | $1.51 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.25 |
| Chanhassen Village | 2BR 1BA-U | 2BR,1BA | $1.57 |
| Wayzata Lake Apartments | 2BR/1.0BA | 2BR,1BA | $1.66 |
| Highland Shores Apartments | Floorplan G | 1BR,1BA | $1.75 |
| Minnetonka Edgewater | One Bedroom, One Bathroom | 1BR,1BA | $1.72 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.55 |
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Frequently Asked Questions about Tonka Bay
What type of rentals are currently available in Tonka Bay?
There are currently 63 Apartments for Rent in Tonka Bay, MN with pricing that ranges from $1,000 to $9,395. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tonka Bay ranging from $1,250 to $17,500.
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 $17,500 with an average monthly rent of $4,116.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.