Alcott
11050 Red Circle Dr,
Minnetonka, MN 55343
$1,334 - $3,760 | Studio - 3 Beds
The ritzy neighborhood of East Minnetonka, located 20 minutes from Downtown Minneapolis, allows locals to take advantage of the small-town feel, while enjoying the convenience of the nearby city. An extremely safe area, many families make their home here. Although largely residential, several quality bars and restaurants serve the area, and Ridgedale Center, a large, regional shopping mall, is under 10 minutes from the city center. The many lakes, parks, and woodlands provide popular outdoor activities for visitors year-round. An array or low-rise apartments and luxurious single-family homes make East Minnetonka a top pick among residents.
As of July 2025, the average apartment rent in East Minnetonka is $1,300 for a studio, $1,597 for one bedroom, $1,946 for two bedrooms, and $2,274 for three bedrooms. Apartment rent in East Minnetonka has increased by 2.8% in the past year.
Studio
518 sq ft
Average Sq Ft
$1,300/month
Average Rent
1 BR
775 sq ft
Average Sq Ft
$1,597/month
Average Rent
2 BR
1,142 sq ft
Average Sq Ft
$1,946/month
Average Rent
3 BR
1,501 sq ft
Average Sq Ft
$2,274/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
3,278
Communities
911,695
Units
850
Cities
708
Communities
192,694
Units
330
Cities
666
Communities
129,474
Units
264
Cities
622
Communities
165,274
Units
243
Cities
614
Communities
103,603
Units
218
Cities
544
Communities
125,794
Units
278
Cities
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.