Cheap Homes for Rent in Minnetonka, MN from $1,100 (15 Rentals)

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property at 5601 Smetana Dr

5601 Smetana Dr

MinnetonkaMN55343

Minnetonka, MN Local Guide

Cheapest Neighborhoods for Apartments in Minnetonka, MN

Pricing Updated: 03/22/2025

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$3,995$1,1502037

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. 1210-1220 Cambridge St. (Hopkins) in the Creekside neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Minnetonka apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hopkins Village ApartmentsOne Bedroom1BR,1BA$885
1210-1220 Cambridge St. (Hopkins)1b1BR,1BA$999
The Dubliner1 Bedroom1BR,1BA$1,010
Cambridge Towers ApartmentsStudioStudio,1BA$1,017
Fine Living at Aquila Park & Royal ParkThe OpalStudio,1BA$1,020

Best Value Apartments for Rent in Minnetonka, MN

As of March 22, 2025 the best value apartment in the Minnetonka area is the $1.45 price per square foot Hawthorne Model at Saddlewood Park Townhomes in the in the Glen Lake neighborhood starting from $1,999. The second greatest value Minnetonka apartment is the 2D Model at Brier Creek Apartments starting at $1,550 with a $1.49 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.
Saddlewood Park TownhomesHawthorne2BR,1.5BA$1.45
Brier Creek Apartments2D2BR,2BA$1.49
Stratford WoodGlenn2BR,1BA$1.27
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
RamsgateOxford1BR,1BA$1.50
The Dubliner1 Bedroom1BR,1BA$1.44

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Frequently Asked Questions about Minnetonka

What type of rentals are currently available in Minnetonka?

There are currently 295 Apartments for Rent in Minnetonka, MN with pricing that ranges from $860 to $10,200. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minnetonka ranging from $1,150 to $18,000.

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 $1,150 to $18,000 with an average monthly rent of $4,241.

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 $7,720, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,125 to $8,500. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,695.

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.