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Management
Marathon Management
Our team has verified this companyTonkaway Apartments earns a standout 9.7/10 rating, supported by excellent marks for price, location, quality, amenities, and trustworthiness. It features spacious apartment homes and a quiet community setting, with strong value for money and plenty of photos to help renters get a clear sense of the property.
Things you’ll love
Less expensiveImages AvailableGreat for
Pet owners| 2BR 1BA - Balcony | 2 bed | 1 bath | 756 sqft | $1,250 /mo | 1 unit 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!) 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. |
Let's explore this property.
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 4% 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
441 oak st
excelsior, MN, 55331
4584 vine hill rd
excelsior, MN, 55331
5621 county rd 101
minnetonka, MN, 55345
1001 hwy 7
hopkins, MN, 55305
1001 hwy 7
hopkins, MN, 55305
Oak Hill • 7400 Oak Park Village Dr
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Oak Hill • 7400 Oak Park Village Dr
1–3 Beds
$1,575–$2,405
4545 Nathan Ln N
1–3 Beds
$1,465–$2,100
6426 City West Pkwy
1–2 Beds
$1,442–$2,815
