903 11th Ave S
HopkinsMN55343
Cheap Homes for Rent in Tonka Bay, MN from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Tonka Bay.
205 Barry Ave
WayzataMN55391
5440 3 Points Blvd
MoundMN55364
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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.
17490 Pond Cir
Eden PrairieMN55346
4837 Brunswick Rd
MoundMN55364
3812 Park Ln
Spring ParkMN55384
3812 Park Ln
Spring ParkMN55384
215 Barry Ave
WayzataMN55391
1606 Geske Rd
ChaskaMN55318
1606 Geske Rd
ChaskaMN55318
7751 Ladyslipper Ln
ChanhassenMN55317
7792 Village Pl
ChanhassenMN55317
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.
Showing Results 1-12, 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 | $1,965 | $1,250 | $2,750 |
| Tonka Bay 3 Bedroom Homes for Rent | $3,194 | $1,989 | $7,500 |
| Tonka Bay 4 Bedroom Homes for Rent | $5,181 | $3,099 | $8,600 |
| Tonka Bay 5 Bedroom Homes for Rent | $5,414 | $2,550 | $10,000+ |
| Tonka Bay 6 Bedroom Homes for Rent | $12,297 | $4,600 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 $1,105. 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 | $1,105 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1,150 |
| Minnetonka Edgewater | Newly Renovated Studio | Studio,1BA | $1,150 |
| Stratford Wood | Timberland Deluxe | 1BR,1BA | $1,222 |
Best Value Apartments for Rent in Tonka Bay, MN and Nearby
As of September 08, 2025 the best value apartment in the Tonka Bay area is the $1.75 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 $3,270. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Mist on Lake Minnetonka | 2 Bed 2 Bath | 2BR,2BA | $1.75 |
| Saddlewood Park Townhomes | Windsor | 3BR,2.5BA | $1.64 |
| Lake Hazeltine Woods | 1A | 1BR,1BA | $1.67 |
| Chanhassen Village | 2BR 1BA | 2BR,1BA | $1.34 |
| 3455 Shoreline Dr, Unit 1 | 3455 Shoreline Dr | 2BR,1BA | $1.50 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.41 |
| Greenwood Manor | One Bedroom A | 1BR,1BA | $1.74 |
| Harbor District Apartments | Large one bedroom with in unit W/D | 1BR,1BA | $1.86 |
| Lakecrest Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.78 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.55 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 $8,995. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tonka Bay ranging from $1,250 to $19,995.
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 $19,995 with an average monthly rent of $4,478.
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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