Highlights
Pet Friendly
- Spacious apartment homes
- Quiet community
Location
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Contact
Managed by
Management
Marathon Management
Our team has verified this companyNearby rentals
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Property management
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Managed by
Management
Marathon Management
Our team has verified this companyTonkaway Apartments earns a strong 9.4 expert rating, with standout scores for location, quality, amenities, and trustworthiness, plus competitive pricing. It may appeal to renters looking for spacious apartment homes, a quiet community, nearby public transit, and a helpful photo gallery for getting a clearer sense of the property.
Things you’ll love
Great for
| 2BR 1BA - Balcony | 2 bed | 1 bath | 756 sqft | $1,250 /mo | 2 units available | LOOK & LEASE SPECIAL — LIMITED TIME ONLY! Find your perfect home and save big when you lease within 24 hours of your initial tour! Special Offers Include: - $50 Application Fee Waived - One FREE Garage Space for 12 months! (Regularly $100/month!) - Only a $500 Deposit on approved credit (Regularly equal to one month’s rent!) - Up to $100 off your rent for 12 months! Move in for less and keep more money in your pocket! These exclusive savings are only available for a limited time, so don’t wait. Schedule your tour today and let us help you find your new home! Large screened porches...just off Hwy 7......garages...short walk to Lake Minnetonka Tonkaway Apartments offers spacious two-bedroom apartment homes in a quiet, well cared for community. Experience laketown living at its best in historic Excelsior, with year-round festivals and events. Explore the delightful specialty shops, antique shops, and restaurants downtown. There are beautiful lakes, parks, beaches and scenic hiking trails. And it's all within walking distance for your new home at Tonkaway Apartments. |
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Apartment Amenities
| Air Conditioning | Central Heat |
| Heating |
Appliances
| Dishwasher | Range |
| Refrigerator | Stove |
Building
| Cats OK | Dogs OK |
| Onsite Laundry | Water/Sewer |
Services
| Rubbish Removal |
Per-applicant. Agent application fee.
One-time. Refundable.
2 cats max.
One-time fee per pet.
One-time deposit per pet.
2 dogs max. We are a pet-friendly community! Call us today to learn more about our pet policy and fees.(Weight limit 25lb).
One-time fee per pet.
One-time deposit per pet.
Questions about this property’s policies and fees?
| Units | 72 |
|---|
Large screened porches...just off Hwy 7......garages...short walk to Lake Minnetonka Tonkaway Apartments offers spacious two-bedroom apartment homes in a quiet, well cared for community. Experience laketown living at its best in historic Excelsior, with year-round festivals and events. Explore the delightful specialty shops, antique shops, and restaurants downtown. There are beautiful lakes, parks, beaches and scenic hiking trails. And it's all within walking distance for your new home at Tonkaway Apartments.
How Tonkaway Apartments compares to other nearby properties.
Positives
Considerations
For over three decades, we have provided outstanding property management services for people throughout the Twin Cities region. We manage both multi-family properties and townhomes, with many options that include fantastic amenities such as clubhouses, pools, and workout rooms. Many properties are also conveniently located near the exciting downtown region, where our tenants take advantage of the restaurants, shopping, and other attractions. Our management services cover everything from A-Z, making it easy to effectively manage a property in the region. We look forward to learning more about how we can help you with your property.
2-bedroom apartments at Tonkaway Apartments cost about 5% less than the average rent price for 2-bedroom apartments in Excelsior.
| Month | Median Rent |
|---|---|
| March 2025 | $1,280 |
| April 2025 | $1,018 |
| May 2025 | $1,045 |
| June 2025 | $1,085 |
| July 2025 | $1,085 |
| August 2025 | $1,085 |
| September 2025 | $1,085 |
| March 2026 | $1,145 |
| April 2026 | $1,029 |
| May 2026 | $1,040 |
Can I afford to live at 818 3rd Ave?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$50,000/yr
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