Cheap Apartments for Rent in Minnetonka, MN from $600 (109 Rentals)

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Preserve at Shady Oak
1 to 2 Bedroom Apartments

Preserve at Shady Oak

10987 Bren Rd EMinnetonka, MN 55343
Corporate Housing
  • Utilities Included
Showing Results 1-50, Page 1 of 3

Minnetonka, MN Local Guide

Cheapest Neighborhoods for Apartments in Minnetonka, MN

Pricing Updated: 03/27/2025

Current apartment rentals in the Minnetonka, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Minnetonka Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Hennepin Far Western Suburbs$3,412$69540684

Cheapest Available Minnetonka Apartments for Rent

 

The cheapest available apartment rental in Minnetonka, MN is a 1 Bed unit found at Hopkins Village Apartments in the Glen Lake neighborhood priced from $885. The Dubliner in the Glen Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,010. Here is today’s list of the most affordable Minnetonka apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hopkins Village ApartmentsOne Bedroom1BR,1BA$885
The Dubliner1 Bedroom1BR,1BA$1,010
Stratford WoodSaplingStudio,1BA$1,011
Fine Living at Aquila Park & Royal ParkThe OpalStudio,1BA$1,020
Bay Pointe Apartments1BR / 1BA1BR,1BA$1,055
Minnetonka StationLanewood A - Income RestrictedStudio,1BA$1,057
Creek Point ApartmentsStudioStudio,1BA$1,067
Knollwood Towers West Apartments1 Bedroom 1 Bathroom1BR,1BA$1,080
Hunters RidgeCrystalStudio,1BA$1,085
Crown Ridge2Bed 1Bath2BR,1BA$1,100

Best Value Apartments for Rent in Minnetonka, MN

As of March 27, 2025 the best value apartment in the Minnetonka area is the $1.31 price per square foot 4864 Gaywood Dr Model at 4864 Gaywood Dr in the in the Glen Lake neighborhood starting from $4,149. The second greatest value Minnetonka apartment is the Hawthorne Model at Saddlewood Park Townhomes starting at $1,999 with a $1.45 price per square foot in the Glen Lake neighborhood. Here is today’s list of the best values for Minnetonka apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4864 Gaywood Dr4864 Gaywood Dr4BR,4BA$1.31
Saddlewood Park TownhomesHawthorne2BR,1.5BA$1.45
WestsideVernon2BR,1BA$1.41
Belgrove ApartmentsOne Bedroom1BR,1BA$1.42
Crown Ridge2Bed 1Bath2BR,1BA$1.20
Cottages of EdinaWelcome to our beautiful 1 bedroom1BR,1BA$1.36
Knollwood Estates2 Bedroom2BR,1BA$1.39
Gold Crest Apartments1 Bed - 1 Bath1BR,1BA$1.35
RamsgateOxford1BR,1BA$1.50
The Dubliner1 Bedroom1BR,1BA$1.44

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Minnetonka, MN

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Getting Around Minnetonka, MN

Walk Score®

39 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

16 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Minnetonka Apartments

What is the Cheapest Studio apartment in Minnetonka?

Currently the most affordable Cheap Studio Apartment in Minnetonka is at Stratford Wood listed at $1,011.

How much is rent for a Cheap One Bedroom Minnetonka Apartment?

The lowest price for a Cheap One Bedroom Minnetonka Apartment is $885 at Hopkins Village Apartments.

What is the lowest price for a Cheap Two Bedroom Minnetonka Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Minnetonka is starting from $1,100 at Crown Ridge.

What is the most affordable Minnetonka Three Bedroom Apartment?

The best deal on a cheap Minnetonka Three Bedroom Apartment rental is at Stratford Wood and starts from $1,698.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.