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Apartments for Rent in Minnetonka MN

1,612 Rentals Available

Explore Rent Prices Near Minnetonka, MN

Minnetonka, MN’s average rent price is $1,889 per month. Compare rent prices and available listings in nearby cities to find better value or more options that fit your budget.

Average Rent
Hopkins $1,504
Wayzata $2,660
Plymouth $1,846
Eden Prairie $1,638
Saint Louis Park $1,754

Average Monthly Rent is calculated using the average rent of active one-bedroom apartment listings.

Minnetonka, MN Apartments for Rent

Minnetonka sits quietly on the western edge of the Twin Cities, where wooded trails, glassy lakes, and easy access to Minneapolis make it one of the metro's most desirable suburbs. The city's namesake, Lake Minnetonka, anchors outdoor life here, drawing residents to its shores for kayaking, fishing, and waterfront strolls year-round. Dozens of nature preserves and parks add to the appeal, giving the area a genuinely outdoorsy feel without sacrificing proximity to city conveniences. Downtown Minneapolis is less than 30 minutes away via I-394, and Saint Paul is an easy drive as well.

Renters will find a solid mix of options across Minnetonka, from spacious townhomes and garden-style apartment communities tucked into wooded settings to newer mid-rise buildings closer to major corridors. The rental market here tends to attract those who want breathing room without straying too far from the Twin Cities. Cargill, the country's largest privately held company, and UnitedHealth Group both call Minnetonka home, making it a hub for corporate employment. The Minnetonka Center for the Arts has long served as a cornerstone of the local creative scene, offering classes, exhibitions, and events that give this suburban city a cultural identity all its own.

Learn more about living in Minnetonka, MN

Minnetonka, MN Rental Insights

The average rent in Minnetonka, MN is $1,675 per month. By comparison, renters across the U.S. pay an average of $1,639, which means housing in Minnetonka, MN is slightly more expensive than much of the country.

Find affordable apartments for rent in Minnetonka, MN by browsing listings in budget-friendly neighborhoods such as Cedar Ridge Condominiums, East Minnetonka, and West Minnetonka. Use filters by price, number of bedrooms, and amenities to narrow your search.

You can find flexible rentals in Minnetonka, MN by exploring short-term rentals for temporary stays or browsing furnished apartments for move-in ready options that save time and hassle.

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