Cheap Apartments for Rent in Minnetonka, MN
53 rentals
Use arrow keys to navigateNEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY$1,105 - $2,645/mo
Studio-2 Beds
1-2 BathsTownline Apartments | 10950 Red Circle Dr #121-IR50,
Hopkins, MN 55343
Use arrow keys to navigateSPECIAL OFFERTotal price$1,174 - $2,181/mo1-3 Beds1-3 BathsAvana Minnetonka | 12300 Marion Ln W #12100-6108,
Hopkins, MN 55305
Use arrow keys to navigate
Use arrow keys to navigateNEW - 1 DAY AGOPET FRIENDLY
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,309 - $2,359/mo1-3 Beds1-2 BathsMinnetonka Hills Apartments | 2828 Jordan Ave #2875-413,
Hopkins, MN 55305
Use arrow keys to navigatePET FRIENDLY$1,390 - $2,245/moStudio-2 Beds1-2 BathsShady Oak Crossing | 4312 Shady Oak Rd #212,
Hopkins, MN 55343
Use arrow keys to navigatePET FRIENDLY$1,395 - $2,180/mo1-3 Beds1-2 BathsThe Views of Minnetonka | 5455 Smetana Dr #The-Bren,
Hopkins, MN 55343
PET FRIENDLYTotal price$1,396 - $2,169/mo1-3 Beds1-2 BathsStratford Wood | 18900 Stratford Rd #1-138,
Minnetonka, MN 55345
NEW - 1 DAY AGOAPPLY INSTANTLYSPECIAL OFFER
SPECIAL OFFERPET FRIENDLYINCOME RESTRICTED$1,422 - $1,829/mo1-3 Beds1-2 BathsBren Road Station 55+ Apartments | 11001 Bren Rd E #442,
Hopkins, MN 55343
PET FRIENDLY
APPLY INSTANTLY
SPECIAL OFFERPET FRIENDLY$1,477 - $2,382/moStudio-2 Beds1-2 BathsWaterstone Place | 9700 Waterstone Pl #2426,
Hopkins, MN 55305
APPLY INSTANTLY
PET FRIENDLY
NEW - 1 DAY AGOPET FRIENDLYTotal price$1,599 - $2,669/mo1-2 Beds1-2 BathsArrive Minnetonka | 300 Carlson Pkwy #140216,
Hopkins, MN 55305
NEW - 12 HRS AGOPET FRIENDLY
SPECIAL OFFERPET FRIENDLYTotal price$1,616 - $4,366/moStudio-3 Beds1-2 BathsBellamy Minnetonka | 10702 Red Circle Dr #217,
Hopkins, MN 55343
SPECIAL OFFERPET FRIENDLY$1,660 - $2,185/moStudio-2 Beds1-2 BathsRegency Woods | 2200 S Plymouth Rd #4-207,
Hopkins, MN 55305
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERSENIOR HOUSINGPET FRIENDLYTotal price$1,726 - $4,157/mo1-2 Beds1-2 BathsAvidor Minnetonka 55+ Active Adult Apartment Homes | 12610 Ridgedale Dr #340,
Hopkins, MN 55305
PET FRIENDLY$1,745 - $1,775/mo1-2 Beds1-2 BathsChasewood Gates | 6100 Chasewood Pkwy #6125119RC-2,
Hopkins, MN 55343
PET FRIENDLY$1,766 - $2,162/mo2 Beds1 BathThe Woodlands of Minnetonka Apartments | 10275 Greenbrier Rd #255109,
Hopkins, MN 55305
NEW - 11 HRS AGOSPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLYFURNISHEDTotal price$2,067 - $3,246/mo1-2 Beds1-2 BathsThe Island Residences | 501 Carlson Pkwy #424,
Minnetonka, MN 55305
PET FRIENDLYTotal price$2,095 - $2,495/mo2-3 Beds2-3 BathsSaddlewood Townhomes | 16863 Saddlewood Trl #16970,
Minnetonka, MN 55345
NEW - 23 HRS AGO
PET FRIENDLY$2,100 - $3,100/mo1-3 Beds1-3 BathsCedar Pointe Townhomes | 11229 Cedar Pointe Dr N #2728,
Hopkins, MN 55305
APPLY INSTANTLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYFURNISHED
APPLY INSTANTLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLY
PET FRIENDLY
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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 increased in May 2026 compared to the previous month. Rent previously peaked in Nov 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,920 |
| Jul 2025 | $2,237 |
| Aug 2025 | $2,100 |
| Sep 2025 | $2,200 |
| Oct 2025 | $2,304 |
| Nov 2025 | $2,360 |
| Dec 2025 | $2,212 |
| Jan 2026 | $2,295 |
| Feb 2026 | $2,050 |
| Mar 2026 | $2,050 |
| Apr 2026 | $2,000 |
| May 2026 | $2,046 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,743 | $2,195 | $2,434 | $3,350 | $2,200 |
| Townhomes | — | $2,195 | $2,100 | — | $2,195 |
| Apartments and Condos | $1,475 | $2,100 | $2,350 | — | $2,100 |
| Houses | $1,560 | — | $2,995 | $3,350 | $3,300 |
Frequently Asked Questions about Rentals in Minnetonka, MN
- What is the average rent of an apartment in Minnetonka, MN?The average rent of an apartment in Minnetonka, MN is $2,022 per month. This is about 5% higher than the national average.
- What is the average rent of a house in Minnetonka, MN?The average rent of a house in Minnetonka, MN is $3,300 per month. This is about 71% higher than the national average.
- What is the average rent of a townhome in Minnetonka, MN?The average rent of a townhome in Minnetonka, MN is $2,195 per month. This is about 14% higher 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 $1,765 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 Nov 2025 when it was $2,360 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 $1,743 per month. That is about $391 more than the cost of a studio apartment.
- How many available rental listings are in Minnetonka, MN?There are 61 available rental listings in Minnetonka, MN.
- What are some zip codes in Minnetonka, MN?
- 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.