908 9th Ave S
HopkinsMN55343
Cheap Homes for Rent in Tonka Bay, MN from $1,300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Tonka Bay.
4379 Wilshire Blvd
MoundMN55364
4470 Denbigh Rd
MoundMN55364
7541 Villa Ct
Eden PrairieMN55346
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.
1730 Merrimac Ln N
PlymouthMN55447
1760 Prescott Ct
ChaskaMN55318
4973 3 Points Blvd
MoundMN55364
17860 Cobblestone Way
Eden PrairieMN55347
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
Lake Minnetonka by m01229 is licensed under CC BY 2.0
How much does it cost to rent a home in Tonka Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tonka Bay 2 Bedroom Homes for Rent | $2,492 | $1,300 | $5,900 |
| Tonka Bay 3 Bedroom Homes for Rent | $3,308 | $1,525 | $7,500 |
| Tonka Bay 4 Bedroom Homes for Rent | $6,322 | $4,645 | $8,000 |
| Tonka Bay 5 Bedroom Homes for Rent | $4,669 | $2,775 | $7,999 |
Browse Top Homes for Rent in Tonka Bay
Explore Tonka Bay
Tonka Bay, MN Local Guide
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Cheapest Available Tonka Bay Apartments for Rent and Nearby
The cheapest available apartment rental in Tonka Bay, MN is a 1 Bed unit found at Christmas Lake Manor Apartments in the Pinehurst neighborhood priced from $1,080. Hunters Ridge in the Glen Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,085. Here is today’s list of the most affordable Tonka Bay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1,080 |
| Hunters Ridge | Crystal | Studio,1BA | $1,085 |
| Bay Pointe Apartments | 1BR / 1BA | 1BR,1BA | $1,110 |
Best Value Apartments for Rent in Tonka Bay, MN and Nearby
As of April 18, 2025 the best value apartment in the Tonka Bay area is the $1.81 price per square foot Hawthorne Model at Saddlewood Park Townhomes in the in the Glen Lake neighborhood starting from $2,499. The second greatest value Tonka Bay apartment is the 1A Model at Lake Hazeltine Woods starting at $1,999 with a $1.64 price per square foot in the Laketown Colonial Townhomes neighborhood. Here is today’s list of the best values for Tonka Bay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Saddlewood Park Townhomes | Hawthorne | 2BR,1.5BA | $1.81 |
| Lake Hazeltine Woods | 1A | 1BR,1BA | $1.64 |
| Highland Shores Apartments | Floorplan F | 1BR,1BA | $1.52 |
| Chanhassen Village | 2BR 1BA-U | 2BR,1BA | $1.57 |
| Powers Ridge Rental Condos | 1BR/1.0BA | 1BR,1BA | $1.69 |
| Wayzata Lake Apartments | 2BR/1.0BA | 2BR,1BA | $1.66 |
| Harbor District Apartments | Lakeside One Bedroom with Bosch W/D | 1BR,1BA | $1.70 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.66 |
| Bay Pointe Apartments | 1BR / 1BA | 1BR,1BA | $1.59 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.55 |
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Frequently Asked Questions about Tonka Bay
What type of rentals are currently available in Tonka Bay?
There are currently 58 Apartments for Rent in Tonka Bay, MN with pricing that ranges from $1,080 to $9,395. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tonka Bay ranging from $1,300 to $8,000.
What is the current price range for Rental Homes in Tonka Bay?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Tonka Bay ranges from $1,300 to $8,000 with an average monthly rent of $3,637.
How much are larger Three and Four Bedroom Rentals in Tonka Bay?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Tonka Bay range from $1,350 to $9,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $7,500. Four Bedroom Single-Family rentals are also available starting from $4,645 and Four Bedroom Apartments start at $3,499.
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.
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.
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.
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.