Bedroom count

Property type

Last updated on October 12, 2025

Average rent in
Minnetonka, MN

Last updated on October 12, 2025

Last updated on October 12, 2025

Bedroom count

Property type

As of October 2025, the median rent for all bedroom counts and property types in Minnetonka, MN is $1,725. This is -12%, or $225, lower than the national average.

$1.57

average price per square foot

Median rent

$1,725

increased by8%
over the previous yearvs previous year

Total rentals

19

for rent on Zumper.com

As of October 2025, the median rent for all bedroom counts and property types in Minnetonka, MN is $1,725. This is -12%, or $225, lower than the national average.

$1.57

average price per square foot

Rent ranges

1%
30%
53%
10%
5%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000
$3,001+$3,001+

Households

71%
29%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Minnetonka, MN

Rent price trends

Rent prices for all bedroom counts and property types in Minnetonka, MN have decreased by 2% in the last month and have increased by 8% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Minnetonka, MN

The monthly rent for an apartment in Minnetonka, MN is $1,695. A 1-bedroom apartment in Minnetonka, MN costs about $1,570 on average, while a 2-bedroom apartment is $1,986. Houses for rent in Minnetonka, MN are more expensive, with an average monthly cost of $2,547.

Comparables

1 bedroom

$1,534

1%

16%

2 bedroom

$1,986

1%

22%

3 bedroom

$2,334

4%

1%

4 bedroom

$2,695

17%

46%

Studio

$1,321

1%

22%

Studio

Average rent

$1,321

Last 30 days

1%

Last year

22%

1 bedroom

Average rent

$1,534

Last 30 days

1%

Last year

16%

2 bedroom

Average rent

$1,986

Last 30 days

1%

Last year

22%

3 bedroom

Average rent

$2,334

Last 30 days

4%

Last year

1%

4 bedroom

Average rent

$2,695

Last 30 days

17%

Last year

46%

The table above reflects average rent prices in Minnetonka, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Minnetonka, MN to other cities

Median rent prices in Minnetonka, MN for all bedroom counts and property types compared to Anoka, MN.

Minnetonka

Median rent price$1,725
decreased by12%

lower than the national median

Median rent price$1,399
decreased by28%

lower than the national median

Takeaway

The median rent for all rentals in Minnetonka, MN is 23% higher than the median rent in Anoka, MN.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Anoka

$1,399

increased by10%

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Apple Valley

$1,930

increased by43%

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$1,550

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$1,857

increased by7%

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Columbia Heights

$1,450

increased by6%

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Crystal

$1,400

increased by16%

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$1,375

increased by34%

Last year

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$2,030

increased by20%

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Lakeville

$2,199

increased by39%

Last year

New Hope

$1,340

decreased by1%

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Richfield

$1,267

decreased by2%

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$1,553

decreased by3%

Last year

Apartments for rent in Apple Valley

Discover rentals in Minnetonka, MN

Minnetonka Hills Apartments - Photo 1 of 1
Rent special

20h ago

9.3

Excellent

Our team has verified this company

Verified

Minnetonka Hills Apartments

2828 Jordan Ave S, Minnetonka, MN 55305

1–3 beds

1–2 baths

$1,335–$2,294

Apartment for rent

Call

4648 Caribou Dr - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

4648 Caribou Dr Minnetonka, MN 55345

4648 Caribou Dr, Minnetonka, MN 55345

5 beds

3 baths

$3,345

House for rent

Available Oct 15