Minnetonka MN Apartments

37 rentals

Apartments For Rent Near Minnetonka, MN

We found 30 more apartments matching your filters just outside Minnetonka

Average Rent Trends in Minnetonka, MN

Rent in Minnetonka, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Jun 2025$1,650
Jul 2025$1,579
Aug 2025$1,573
Sep 2025$1,512
Oct 2025$1,784
Nov 2025$1,523
Dec 2025$1,659
Jan 2026$1,621
Feb 2026$1,796
Mar 2026$1,755
Apr 2026$1,984
May 2026$1,677
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,650$2,162$2,595$3,400$2,049
Townhomes—$2,000$2,595—$2,300
Apartments and Condos$1,449$1,770$2,895—$1,450
Houses$1,450$2,400$2,800$3,400$2,895
See more information about local market trends in Minnetonka, MN

Frequently Asked Questions about Apartments and Condos for rent in Minnetonka, MN

  • What is the average rent of an apartment in Minnetonka, MN?
    The average rent of an apartment in Minnetonka, MN is $1,781 per month. This is about 8% lower than the national average.
  • When is the average rent cheapest in Minnetonka, MN?
    In the last year, the average rent in Minnetonka, MN was lowest in Feb 2025 when it was $1,492 per month.
  • When is the average rent most expensive in Minnetonka, MN?
    In the last year, the average rent in Minnetonka, MN was highest in May 2025 when it was $1,899 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Minnetonka, MN?
    The average rent of a 1 bedroom apartment in Minnetonka, MN is $1,600 per month. That is about $235 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Minnetonka, MN?
    There are 43 available apartments or condos to rent in Minnetonka, MN.
  • What are some zip codes in Minnetonka, MN?
    Minnetonka, MN includes zip codes such as: 55343, 55345, 55305.
  • What are some cities near Minnetonka, MN?
    Some nearby cities include: Hopkins, Woodland, Wayzata, Deephaven, Saint Louis Park. These cities may have more rental options to explore.