Cheap Apartments for Rent in Tonka Bay, MN from $800 (31 Rentals)

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Cheap Apartments in Tonka Bay.

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.

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Excelsior Lake
2 Bedroom Apartments

Excelsior Lake

500-520 Linden StExcelsior, MN 55331
  • Utilities Included

Tonka Bay - 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!

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Tonka Bay, MN Local Guide

Cheapest Available Tonka Bay Apartments for Rent and Nearby

 

The cheapest available apartment rental in Tonka Bay, MN is a Studio unit found at Hunters Ridge in the Glen Lake neighborhood priced from $1,085. Christmas Lake Manor Apartments in the Pinehurst neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,125. Here is today’s list of the most affordable Tonka Bay apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hunters RidgeCrystalStudio,1BA$1,085
Christmas Lake Manor ApartmentsTwo Bedroom/ One Bathroom2BR,1BA$1,125
Minnetonka EdgewaterOne Free Months Rent! Newly Renovated Studios!Studio,1BA$1,150
Wayzata Lake Apartments0BR/1.0BAStudio,1BA$1,175
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1,200
Lakecrest Apartments1 Bedroom 1 Bathroom1BR,1BA$1,299
Stratford WoodGlenn2BR,1BA$1,337
Chanhassen Village2BR 1BA2BR,1BA$1,380
Greenwood ManorOne Bedroom1BR,1BA$1,415
VenueBalladStudio,1BA$1,419

Best Value Apartments for Rent in Tonka Bay, MN and Nearby

As of May 03, 2025 the best value apartment in the Tonka Bay area is the $1.74 price per square foot Windsor Model at Saddlewood Park Townhomes in the in the Glen Lake neighborhood starting from $2,495. The second greatest value Tonka Bay apartment is the The Stratford Lodge Townhome Model at Stratford Wood starting at $2,175 with a $1.61 price per square foot in the Glen Lake neighborhood. Here is today’s list of the best values for Tonka Bay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Saddlewood Park TownhomesWindsor3BR,2.5BA$1.74
Stratford WoodThe Stratford Lodge Townhome3BR,1.5BA$1.61
Lake Hazeltine Woods1A1BR,1BA$1.64
Powers Ridge Rental Condos2BR/2.0BA2BR,2BA$1.62
Greenwood ManorOne Bedroom1BR,1BA$1.26
Christmas Lake Manor ApartmentsTwo Bedroom/ One Bathroom2BR,1BA$1.16
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1.25
Chanhassen Village2BR 1BA-U2BR,1BA$1.57
Harbor District ApartmentsLakeside One Bedroom with Bosch W/D1BR,1BA$1.70
Highland Shores ApartmentsFloorplan G1BR,1BA$1.75

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See the most popular apartments and homes in Tonka Bay, MN

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Getting Around Tonka Bay, MN

Walk Score®

38 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

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 Tonka Bay Apartments

What is the Cheapest Studio apartment in Tonka Bay?

Currently the most affordable Cheap Studio Apartment in Tonka Bay is at Hunters Ridge listed at $1,085.

How much is rent for a Cheap One Bedroom Tonka Bay Apartment?

The lowest price for a Cheap One Bedroom Tonka Bay Apartment is $1,230 at Hunters Ridge.

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

Today's best deal for a Cheap Two Bedroom Apartment in Tonka Bay is starting from $1,125 at Christmas Lake Manor Apartments.

What is the most affordable Tonka Bay Three Bedroom Apartment?

The best deal on a cheap Tonka Bay Three Bedroom Apartment rental is at Stratford Wood and starts from $2,175.

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.

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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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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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.