
Cheap Homes for Rent in Minnetonka, MN from $1,000 (19 Rentals)
Cheap Homes in Minnetonka.


813 11th Ave S, Unit 3

935-911 11th Ave S

743 11th Ave S, Unit 6

1011 11th Ave S

802 Old Settlers Trail
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

946 Westbrooke Way, Unit 4

946 Westbrooke Way, Unit 1

1002 Westbrooke Way, Unit 8

908 9th Ave S

917 11th Ave S

240 8th Ave N
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

10451 Greenbrier Rd

6730 Vernon Ave S

12610 Ridgedale Dr

1730 Merrimac Ln N

7541 Villa Ct

13316 Zenith Ln
Minnetonka - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

13316 Zenith Ln
Minnetonka, MN Local Guide

How much does it cost to rent a home in Minnetonka?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Minnetonka 2 Bedroom Homes for Rent | $2,568 | $1,300 | $4,900 |
Minnetonka 3 Bedroom Homes for Rent | $2,598 | $1,695 | $3,900 |
Minnetonka 4 Bedroom Homes for Rent | $3,176 | $2,300 | $4,350 |
Minnetonka 5 Bedroom Homes for Rent | $4,621 | $2,775 | $6,590 |
Browse Top Homes for Rent in Minnetonka
Explore Minnetonka
Minnetonka, MN Local Guide
- Minnetonka Neighborhoods
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Cheapest Neighborhoods for Apartments in Minnetonka, MN
Pricing Updated: 05/06/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Hennepin Far Western Suburbs | $3,584 | $695 | 1485 |
Cheapest Available Minnetonka Apartments for Rent
 The cheapest available apartment rental in Minnetonka, MN is a 1 Bed unit found at 1210-1220 Cambridge St. (Hopkins) in the Creekside neighborhood priced from $999. Fine Living at Aquila Park & Royal Park in the Creekside neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,020. Here is today’s list of the most affordable Minnetonka apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1210-1220 Cambridge St. (Hopkins) | 1b | 1BR,1BA | $999 |
Fine Living at Aquila Park & Royal Park | The Opal | Studio,1BA | $1,020 |
Brentwood Park Townhomes | Studio | Studio,1BA | $1,025 |
Cambridge Towers Apartments | Studio | Studio,1BA | $1,035 |
Hunters Ridge | Crystal | Studio,1BA | $1,085 |
Best Value Apartments for Rent in Minnetonka, MN
As of May 06, 2025 the best value apartment in the Minnetonka area is the $1.37 price per square foot 17316 Bay Cir Model at 17316 Bay Cir, Unit 2 in the in the Glen Lake neighborhood starting from $1,645. The second greatest value Minnetonka apartment is the 110 Circle A Dr S Model at 110 Circle A Dr S, Unit 230 starting at $1,495 with a $1.30 price per square foot in the Groveland neighborhood. Here is today’s list of the best values for Minnetonka apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
17316 Bay Cir, Unit 2 | 17316 Bay Cir | 2BR,1BA | $1.37 |
110 Circle A Dr S, Unit 230 | 110 Circle A Dr S | 2BR,1BA | $1.30 |
Greenwood Manor | One Bedroom B | 1BR,1BA | $1.26 |
Shadow Green Apartments | Norway | 2BR,1BA | $1.40 |
Rhode Island Chateau Apartments | Two Bedroom | 1BR,1BA | $1.45 |
Putnam Properties in Hopkins | 2 Bedroom | 2BR,1BA | $1.40 |
Westside | Vernon | 2BR,1BA | $1.41 |
Crown Ridge | 2Bed 1Bath | 2BR,1BA | $1.20 |
Rosewood West | 1 Bedroom - Available Now! | 1BR,1BA | $1.38 |
Knollwood Estates | 2 Bedroom | 2BR,1BA | $1.39 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Minnetonka
What type of rentals are currently available in Minnetonka?
There are currently 303 Apartments for Rent in Minnetonka, MN with pricing that ranges from $900 to $7,744. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minnetonka ranging from $1,095 to $6,590.
What is the current price range for Rental Homes in Minnetonka?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Minnetonka ranges from $1,095 to $6,590 with an average monthly rent of $2,856.
How much are larger Three and Four Bedroom Rentals in Minnetonka?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Minnetonka range from $1,275 to $7,744, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,900. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,499.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.