Cheap Apartments for Rent in Minnetonka, MN
65 rentals
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,157 - $1,977/mo
Studio-3 Beds
1-2 BathsStratford Wood | 18900 Stratford Rd,
Minnetonka, MN 55345
NEW - 2 DAYS AGO
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Use arrow keys to navigateSPECIAL OFFERSENIOR HOUSINGPET FRIENDLYINCOME RESTRICTED$1,299 - $1,930/mo1-3 Beds1-2 BathsBren Road Station 55+ Apartments | 11001 Bren Rd E,
Hopkins, MN 55343
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,365 - $2,515/moStudio-2 Beds1-2 BathsTownline Apartments | 10950 Red Circle Dr,
Hopkins, MN 55343
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLYINCOME RESTRICTED
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SPECIAL OFFERPET FRIENDLYTotal price$1,467 - $2,700/mo1-3 Beds1-2 BathsAvana Minnetonka | 12300 Marion Ln W,
Hopkins, MN 55305
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLYFURNISHEDTotal price$1,526 - $3,596/moStudio-3 Beds1-2 BathsThe Island Residences | 501 Carlson Pkwy,
Minnetonka, MN 55305
PET FRIENDLYTotal price$1,539 - $2,079/mo1-2 Beds1-2 BathsArrive Minnetonka | 300 Carlson Pkwy,
Hopkins, MN 55305
SPECIAL OFFERPET FRIENDLYTotal price$1,542 - $4,317/moStudio-3 Beds1-2 BathsBellamy Minnetonka | 10702 Red Circle Dr,
Hopkins, MN 55343
PET FRIENDLYTotal price$1,575 - $1,675/mo2 Beds2 BathsThe Views of Minnetonka | 5455 Smetana Dr,
Hopkins, MN 55343
SPECIAL OFFERPET FRIENDLY
NEW - 1 DAY AGOPET FRIENDLY$1,613 - $2,310/mo1-3 Beds1-2 BathsThe Woodlands of Minnetonka Apartments | 10275 Greenbrier Rd,
Hopkins, MN 55305
SPECIAL OFFERPET FRIENDLY$1,620 - $1,895/mo1-2 Beds1 BathThe Chase at Nine Mile Creek | 5709 Rowland Rd,
Minnetonka, MN 55343
SPECIAL OFFERPET FRIENDLY
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PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
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SPECIAL OFFERSENIOR HOUSINGPET FRIENDLYTotal price$1,701 - $4,201/mo1-2 Beds1-2 BathsAvidor Minnetonka 55+ Active Adult Apartment Homes | 12610 Ridgedale Dr,
Hopkins, MN 55305
PET FRIENDLYINCOME RESTRICTED
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SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
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PET FRIENDLY$2,150 - $2,825/mo1-3 Beds1-3 BathsCedar Pointe Townhomes | 11229 Cedar Pointe Dr N,
Hopkins, MN 55305
PET FRIENDLY
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 decreased in Oct 2026 compared to the previous month. Rent previously peaked in Nov 2025.
| Month | Average rent |
|---|---|
| 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 | $2,040 |
| Jun 2026 | $1,993 |
| Jul 2026 | $2,024 |
| Aug 2026 | $2,060 |
| Sep 2026 | $2,266 |
| Oct 2026 | $2,100 |
Average Rent By Bedroom and Home Type
In November 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 | $1,654 | $2,000 | $2,725 | $3,497 | $2,298 |
| Townhomes | — | $2,075 | $2,300 | $2,990 | $2,300 |
| Apartments and Condos | $1,350 | $1,900 | $2,650 | — | $1,900 |
| Houses | — | $2,195 | $2,995 | $3,497 | $3,200 |
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 $1,846 per month. This is about 4% lower than the national average.
- What are the cheapest months to find an apartment to rent in Minnetonka, MN?Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $1,765 per month.
- How many cheap apartments are available in Minnetonka, MN?There are 39 apartments to rent that are cheaper than the city’s average rent of $2,298.
- 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 $1,654 per month. That is about $226 more than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en Minnetonka, MN - 485 Rentas | Trulia