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cheap apartments
Last updated August 12 at 2:30 PM

1,130 Cheap Apartments for rent in Minnetonka, MN

Finding cheap apartments in Minnetonka takes some ingenuity and effort, as well as quick action. Before you head out on your search, bring along pay stubs, bank statements, le... Read Guide >
Minnetonka Heights Photo Gallery 1
1 of 7
1 Bedroom
$1,079
593 sqft
2 Bedrooms
$1,258
767 sqft
3 Bedrooms
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Welcome to Minnetonka Heights Apartments! We are located in Minnetonka, Minnesota, about 30 minutes southwest of the Minneapolis-St. Paul Metro area. We offer one and two-bedroom apartments as well as two and three-bedroom townhomes. Our community offers affordable living to eligible households. Please contact us for information on availability and eligibility.
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RiZE at Opus Park Photo Gallery 1
1 of 15
1 Bedroom
$1,581
644 sqft
2 Bedrooms
$2,079
1082 sqft
RiZE at Opus Park, located in Minnetonka, MN, is just a short drive from Downtown Minneapolis and world-class shopping at the Mall of America. Our community is the perfect fit for those who expect the most from their surroundings. Residents enjoy exclusive access to our resort-style pool, 2-story fitness center with free weights, cardio, and CrossFit equipment, yoga & spin studio, sauna, rooftop patio with fireplace, grilling station, and kitchen, all-access marketplace, pet grooming station, kid’s corner, dog run, and so much more! Our pet-friendly apartments were designed with the modern luxuries of today in mind. Each one and two-bedroom Minnetonka apartment features stainless steel appliances, oversized kitchen island, tiled backsplash, wood-style plank floors, quartz countertops, pendant lighting, full-size washer and dryer, walk-in closet, private entry, and plenty more! Schedule an appointment today to see what you’ve been missing!
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The Island Residences at Carlson Center Photo Gallery 1
1 of 29
Studio
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1 Bedroom
$1,511
635 sqft
2 Bedrooms
$2,696
1145 sqft
This stunning, 5-story Class A apartment community is situated in a woodland oasis surrounded on all sides by water. Spacious luxury units and first-class amenities, including club room, coffee lounge with Wi-Fi, sauna and spa.
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Gates at Carlson Center Photo Gallery 1
1 of 25
1 Bedroom
$1,310
725 sqft
2 Bedrooms
$1,616
1106 sqft
Close to the stunning beauty of Lake Minnetonka, Gates at Carlson Center is also connected to the wider locale via I-494 and I-394. Fully furnished apartments are supported by concierge and 24-hour maintenance services.
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Southampton Apartments Photo Gallery 1
1 of 3
1 Bedroom
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2 Bedrooms
$1,420
953 sqft
3 Bedrooms
$1,990
1252 sqft
Nicely designed homes with fireplaces and in-unit laundry. Community amenities include bike storage, a car wash area, and clubhouse. Close to US 169. Hit the links at nearby Interlachen Country Club.
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Hunters Ridge Photo Gallery 1
1 of 6
Studio
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1 Bedroom
$1,150
696 sqft
2 Bedrooms
$1,445
938 sqft
Cozy homes with fully equipped kitchens and a patio/balcony. Pet friendly. Enjoy the playground and pool when free. Easy access to Highway 7. Close to the fun and nature on and around Lake Minnetonka.
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Wilshire Wood Apartments Photo Gallery 1
1 of 1
1 Bedroom
$1,240
702 sqft
2 Bedrooms
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Minutes from I-394 and Lake Minnetonka. Private patios or balconies. Natural setting. Pet-friendly community. Gym and ample parking provided. Smoke-free location. Close to area recreational opportunities.
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The Chase at Nine Mile Creek Photo Gallery 1
1 of 17
1 Bedroom
$1,595
670 sqft
2 Bedrooms
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Surrounded by woods, escape to a serene location tucked away near Nine Mile Creek. Built in 2016, The Chase’s four floors include 106 one and two-bedroom apartments. It’s located one block from the Minnesota River Bluffs Biking Trail, near parks, beaches, shops, and restaurants and offers quick access to Hwy 62 and I-494. The Chase embraces your active lifestyle and desire for convenience. Distinct Finishes. We’ve spared no expense in order to offer all of your favorite finishes to each apartment at The Chase. You will love the kitchen counters, whether granite or quartz, for beauty (and durability). Stainless steel appliances, in-home washer and dryer, and four premium finishing packages set The Chase apart from the competition. Residents enjoy bike storage, bike sharing, and a short ride to multiple lake beaches. Plus, dogs and cats are welcome. And The Chase is just a few blocks from Chasewood Gates Apartments and Villas. Two amazing living options in the same Shady Oak neighborhood! (RLNE2273558)
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Chasewood Gates Apartments & Villas Photo Gallery 1
1 of 14
1 Bedroom
$1,395
715 sqft
2 Bedrooms
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Enhance your lifestyle at Chasewood Gates. Set on 34 landscaped acres, the community feels like a private estate. Abundant on-site amenities include a pool, tennis court, community room, and fitness center. Get the most out of the scenic location with a short walk to Bryant Lake Regional Park or enjoy the convenience of city life with a 20-minute commute to downtown Minneapolis. Every apartment at Chasewood Gates provides the perfect mix of light, space, and efficiency. In addition, many homes have been updated to include granite counters, stainless appliances, and maple cabinetry. With over 12 unique condo (villa) and apartment floor plans, we’ll have one that’s the perfect fit for you. On-site amenities rival those of any club. You will have access to a pool, tennis court, community room, and fitness center. The manicured grounds are a great place to throw down a blanket. Paved paths are perfect for a quick stroll – or a long walk into Bryant Lake Regional Park. Contact us today to schedule a tour! Visit us at AtHomeApartments.com or call us at 952.931.0520 for more information. (RLNE1875973)
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Avana Minnetonka Photo Gallery 1
1 of 48
1 Bedroom
$1,268
845 sqft
2 Bedrooms
$1,400
1192 sqft
3 Bedrooms
$1,766
1505 sqft
Escape to a nature-inspired retreat, at the center of everything, in the quiet and peaceful community of Avana Minnetonka. This tranquil enclave is located just minutes from the best shopping, dining, and entertainment that Minnetonka has to offer. Return home for a relaxing afternoon by the pool, take a walk on the hiking trail, or simply unwind in your own private outdoor space. In this beautiful setting, you'll want to soak up every moment.
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Ridgegate Apartments Photo Gallery 1
1 of 20
1 Bedroom
$1,370
783 sqft
2 Bedrooms
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Minnetonka's newest luxury pet-friendly apartment community. Stainless steel appliances, fireplace, patio/balcony. Near I-394, I-494 and Ridgedale Mall. Deluxe apartments feature 9' ceilings, central air, and huge bath suites.
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Waterstone Place Photo Gallery 1
1 of 47
Studio
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1 Bedroom
$1,710
817 sqft
2 Bedrooms
$1,925
1095 sqft
Luxury units surrounded by parklands just minutes from downtown Minneapolis. Enjoy downtown city shopping and entertainment and retreat to your deluxe apartment. These luxury apartments feature stainless steel appliances, granite counters and fireplace.
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Stratford Wood Photo Gallery 1
1 of 22
Studio
$1,256
500 sqft
1 Bedroom
$1,243
700 sqft
2 Bedrooms
$1,332
1018 sqft
The epitome of luxury community living. Gorgeous wooded grounds. Apartments and townhouses offer deluxe amenities, including granite counters and stainless steel appliances. Fitness fans will enjoy the pool, gym, and basketball and tennis courts.
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Regency Woods Photo Gallery 1
1 of 26
Studio
$1,455
540 sqft
1 Bedroom
$1,565
688 sqft
2 Bedrooms
$2,065
1081 sqft
Gorgeous apartments feature stainless steel appliances, in-unit laundry and granite counters. Ideally located near the beautiful Minnetonka Loop Trail and the Ridgedale Regional Center. Enjoy 24-hour gym, club house, pool and more.
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The Residences at 1700 Photo Gallery 1
1 of 55
Studio
$1,691
522 sqft
1 Bedroom
$1,915
731 sqft
2 Bedrooms
$2,346
1092 sqft
Easy access to the I-394 and only a short journey to Minneapolis' Meadow Park, Residences at 1700 is the prime location for urban living. Enjoy excellent retail outlets and eateries nearby.
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The Woodlands of Minnetonka Photo Gallery 1
1 of 41
1 Bedroom
$1,555
905 sqft
2 Bedrooms
$1,735
1120 sqft
3 Bedrooms
$2,300
1390 sqft
Welcome to The Woodlands of Minnetonka, the most coveted apartments in prestigious Minnetonka. Located only steps from shopping and dining in Minnetonka, and minutes from the vibrant pulse of the Twin Cities, The Woodlands of Minnetonka is perfectly positioned for easy access to a wide range of recreations and conveniences. Situated in a beautiful wooded setting adjacent to the picturesque wetlands, our luxury apartments boast the amenities you deserve. Our state-of-the-art clubhouse includes a resort-style swimming pool, outdoor fireplace with lounge, brand new grilling pavilion, expansive fitness studio, and resident business center. Our newly renovated apartments offer generous floor plans with modern finishes and include a washer/dryer and heated underground parking. Call today to schedule your personal tour of our exclusive Minnetonka, MN apartments and experience the extraordinary life at The Woodlands at Minnetonka!
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Senior & Affordable Housing - Bren Road Station Photo Gallery 1
1 of 27
1 Bedroom
$1,244
663 sqft
2 Bedrooms
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3 Bedrooms
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OPEN HOUSES THROUGH JUNE: Thursdays & Saturdays from 12pm - 2pm! Join us at one of our upcoming Open House events to learn more about our community and how you can get up to 3 MONTHS RENT FREE* - See you there! In accordance with COVID-19 directives, space is limited, masks will be required & social distancing guidelines will be observed. Opening in Spring 2021, Bren Road Station Apartments is a brand-new community for active, 55 years plus adults...with an emphasis on the ACTIVE. Situated in Minnetonka, Bren Road Station is conveniently located to everything this uniquely beautiful suburb has to offer. It features 1, 2, and 3 bedroom open floor plans, luxurious amenities, and rents beginning in the low $1,100s.* Plus, in 2022, residents will get to enjoy the convenience of a light rail station just steps from their front door. *Bren Road Station participates in an affordable housing program. Household income limits & student status limitations apply. Please call for more details.
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Claremont Photo Gallery 1
1 of 24
Studio
$1,145
422 sqft
1 Bedroom
$1,330
800 sqft
2 Bedrooms
$1,455
1100 sqft
These elegantly furnished luxury apartments feature walk-in closets, in-suite laundry and fireplace. Fully equipped community grounds offer pool, club house, media room and Wi-Fi. Close to downtown shopping and city amenities.
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10501 Cedar Lake Road #305 Photo Gallery 1
1 of 1
1 Bedroom
$949
2 Bedrooms
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10501 Cedar Lake Road #305 Available 09/01/22 - (RLNE7542233)
10441 Greenbrier #107 Photo Gallery 1
1 of 18
1 Bedroom
$1,350
824 sqft
Super clean and spacious first floor minnetonka condo! Outdoor swimming pool! - Another beautiful rental brought to you by the Dreamteam of National Realty Guild! This 1 bed 1 bath first-floor condo boasts a super open floor plan. The kitchen opens up to the family room next to the outside deck! The deck faces a wildlife area so no neighbors on that side! 1 car heated garage spot included. All utilities included except electric! HOA has an outdoor pool and a community room for tenants! No pets as per HOA allowed. 600+credit 3x monthly rent as income Contact Chuck Scott with National Realty Guild right away! Text #: 763-913-4589 No Pets Allowed (RLNE6752184)
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Results within 1 mile of Minnetonka
Gleason Lake Photo Gallery 1
1 of 1
1 Bedroom
$1,540
785 sqft
2 Bedrooms
$1,490
995 sqft
3 Bedrooms
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Beautiful community with a fitness center, lagoon with fountain and private dock. Walking paths to the lake. Walk-in closets. Pets welcome. UG heated parking available.
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ReNew PARKone Photo Gallery 1
1 of 31
Verified
7 Units Available
Studio
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1 Bedroom
$1,448
875 sqft
2 Bedrooms
$1,690
1125 sqft
Located conveniently near dining and entertainment options, including the beautiful Westwood Park. The community features a sauna, pool, clubhouse and on-site laundry facility. Units have walk-in closets, granite counters and dishwashers.
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Brentwood Park Townhomes and Apartments Photo Gallery 1
1 of 20
Studio
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1 Bedroom
$1,100
480 sqft
2 Bedrooms
$1,590
1092 sqft
Classic apartment and townhome community located near Highway 7 and I-494. Furnished living spaces feature in-unit laundry, air conditioning and patio or balcony. Pet-friendly community features courtyard and playground.
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Ramsgate Photo Gallery 1
1 of 19
Verified
13 Units Available
1 Bedroom
$1,080
750 sqft
2 Bedrooms
$1,265
960 sqft
A charming community with fantastic views. On-site pool, playground, three club rooms and fitness center. Furnished guest suite available. Car wash area, picnic area, and tennis and volleyball courts included. Minutes from schools.
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Frequently Asked Questions

Frequently Asked Questions (FAQs)

What is the typical rent for a studio apartment in Minnetonka?

The average rent for a studio apartment in Minnetonka is $1,425.

How expensive are one-bedroom apartments in Minnetonka?

The average rent for a one-bedroom apartment rental in Minnetonka is $1,593.

How much is rent for two-bedroom apartments in Minnetonka?

The average monthly rent for a two-bedroom apartment in Minnetonka is $1,918.

Are there any properties that are currently offering move-in specials in Minnetonka?

Yes, you can filter your apartment search to only include properties in Minnetonka that are offering move-in specials.
City Guide for Minnetonka, MN

"Skies blue / O'er you / Look down in love. / Waves bright / Give Light / As on they move." (-Slim Whitman, “By The Waters of Minnetonka”)

Lake Minnetonka may have only first been seen (to the best of our knowledge, anyway) in 1822, but that doesn't mean it's old hat. Minnetonka is a suburban city (the 17th largest) in the state of Minnesota. With 44% of the population aged 55 years or older (can anyone say baby boomers?), the city has a rich natural resource base and has a strong resolve of preserving it. While most of the cities in United States is focused on seeing whose downtown can be noisier, Minnetonka is proud of its 49 community parks and more than 1000 acres of natural open space. Try and say that, Vegas. See more

What to keep in mind when looking for cheap apartments in Minnetonka, MN

Finding cheap apartments in Minnetonka takes some ingenuity and effort, as well as quick action. Before you head out on your search, bring along pay stubs, bank statements, letters of recommendations from landlords or employers, and identification. The more proactive you are about your search, the easier it will be to score a deal.

Look for cheap apartments in Minnetonka by regularly scouring listings and looking during slower renting seasons, like winter. You can still find a deal if you move during the summer months when apartment hunting is more competitive.

You may be able to find cheap apartments in Minnetonka in neighborhoods that are located away from attractions, restaurants, and entertainment. You may need to look farther out than you would prefer, but access to highways or public transportation can get you into the heart of Minnetonka.

The building you choose can also make a difference in finding a cheap apartment in Minnetonka. Older buildings that need some updating are more likely to have better deals. Walk-up apartments without elevators, on-street parking and few amenities like on-site fitness centers can also signal affordable rents in Minnetonka.