Cheap Apartments for Rent in Minnetonka, MN
62 rentals
- PET FRIENDLY
- SPECIAL OFFERPET FRIENDLYTotal price$1,146 - $2,261/moStudio-3 Beds1-2 BathsStratford Wood | 18900 Stratford Rd,
Minnetonka, MN 55345 - PET FRIENDLY
- NEW - 4 HRS AGOSPECIAL OFFERPET FRIENDLYTotal price$1,246 - $2,344/mo1-3 Beds1-2 BathsAvana Minnetonka | 12300 Marion Ln W,
Hopkins, MN 55305 - PET FRIENDLY
- PET FRIENDLY
- NEW - 1 DAY AGOSPECIAL OFFERSENIOR HOUSINGPET FRIENDLYINCOME RESTRICTED$1,423 - $1,854/mo1-3 Beds1-2 BathsBren Road Station 55+ Apartments | 11001 Bren Rd E,
Hopkins, MN 55343 - Total price$1,542 - $4,317/moStudio-3 Beds1-2 BathsBellamy Minnetonka | 10702 Red Circle Dr,
Hopkins, MN 55343 - Total price$1,569 - $2,329/mo1-2 Beds1-2 BathsArrive Minnetonka | 300 Carlson Pkwy,
Hopkins, MN 55305 - $1,648 - $2,349/mo1-3 Beds1-2 BathsThe Woodlands of Minnetonka Apartments | 10275 Greenbrier Rd,
Hopkins, MN 55305 - Total price$1,726 - $4,157/mo1-2 Beds1-2 BathsAvidor Minnetonka 55+ Active Adult Apartment Homes | 12610 Ridgedale Dr,
Hopkins, MN 55305 - Total price$1,903 - $3,771/moStudio-3 Beds1-2 BathsThe Island Residences | 501 Carlson Pkwy,
Minnetonka, MN 55305 Save Search in Minnetonka, MN
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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 Aug 2026 compared to the previous month. Rent previously peaked in Nov 2025.
| Month | Average rent |
|---|---|
| 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 | $2,040 |
| Jun 2026 | $1,993 |
| Jul 2026 | $2,024 |
| Aug 2026 | $2,060 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,685 | $2,022 | $2,995 | $3,300 | $2,059 |
| Townhomes | — | — | $4,062 | — | $4,062 |
| Apartments and Condos | $1,658 | $1,900 | — | — | $1,800 |
| Houses | — | $2,500 | $3,200 | $3,300 | $3,553 |
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 $1,760 per month. This is about 10% 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 $1,765 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 $1,685 per month. That is about $274 more than the cost of a studio apartment.
- How many available rental listings are in Minnetonka, MN?There are 66 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.
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