Cheap Homes for Rent near Tonka Bay, MN from $1,225 (8 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 930 Westbrooke Way
$1,225

Total Monthly Price

Base Rent$1,225

Total Monthly Price$1,225
1 Bedroom, 1 Bath Condo for Rent
Available Now

930 Westbrooke Way

HopkinsMN55343
property at 3975 Sunset Dr
$1,975

Total Monthly Price

Base Rent$1,975

Total Monthly Price$1,975
2 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

3975 Sunset Dr

Spring ParkMN55384
  • Smoke Free
property at 7651 Nicholas Way
$1,995

Total Monthly Price

Base Rent$1,995

Total Monthly Price$1,995
2 Bedroom, 1.5 Bath Townhome for Rent
Available Oct 1

7651 Nicholas Way

ChanhassenMN55317
property at 8434 Kimball Dr
$2,100

Total Monthly Price

Base Rent$2,100

Total Monthly Price$2,100
2 Bedroom, 2 Bath Townhome for Rent
Available Now

8434 Kimball Dr

Eden PrairieMN55347

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

property at 19115 Homestead Cir
$2,100

Total Monthly Price

Base Rent$2,100

Total Monthly Price$2,100
3 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

19115 Homestead Cir

Eden PrairieMN55346
property at 17774 Evener Way
$2,595

Total Monthly Price

Base Rent$2,595

Total Monthly Price$2,595
3 Bedroom, 2 Bath Townhome for Rent
Available Now

17774 Evener Way

Eden PrairieMN55346
property at 6015 Aspen Rd
$2,700

Total Monthly Price

Base Rent$2,700

Total Monthly Price$2,700
4 Bedroom, 2 Bath Home for Rent
Available Now

6015 Aspen Rd

MoundMN55364

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Tonka Bay, MN Local Guide

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

As of September 22, 2026 the best value rental home in the Tonka Bay area is the $1.86 price per square foot 3115 County Rd 101 Model at 3115 County Rd 101 in the Glen Lake neighborhood starting from $2,950. The second greatest value Tonka Bay rental home is the 3975 Sunset Dr Model at 3975 Sunset Dr in the Outlying Hennepin Far Western Suburbs neighborhood starting at $1,975 with a $2.29 price per square foot. Here is today’s list of the best values for Tonka Bay homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
3115 County Rd 1013115 County Rd 1013BR, 1.5BA$1.86
3975 Sunset Dr3975 Sunset Dr1BR, 1BA$2.29

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

Read Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Tonka Bay, MN Rentals by Map

View Map
Tonka Bay, MN Apartments Map
View Map
Tonka Bay, MN Rental Homes Map

Frequently Asked Questions about Tonka Bay

What type of rentals are currently available in Tonka Bay?

There are currently 60 Apartments for Rent in Tonka Bay, MN with pricing that ranges from $1,055 to $7,550. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tonka Bay ranging from $1,225 to $15,500.

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 $1,225 to $15,500 with an average monthly rent of $5,456.

Expert Rental Resources

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.

Helpful Local Expert Guides

decorative image for Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes article

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

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.

decorative image for Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers article

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

decorative image for Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters article

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.