Bedroom count

Property type

Last updated on April 13, 2026

Average rent in
Minnetonka, MN

Last updated on April 13, 2026

Last updated on April 13, 2026

Bedroom count

Property type

As of April 2026, the median rent for all bedroom counts and property types in Minnetonka, MN is $1,732. This is -11%, or $205, lower than the national average.

$1.69

average price per square foot

Median rent

$1,732

increased by2%
over the previous yearvs previous year

Total rentals

16

for rent on Zumper.com

As of April 2026, the median rent for all bedroom counts and property types in Minnetonka, MN is $1,732. This is -11%, or $205, lower than the national average.

$1.69

average price per square foot

Rent ranges

6%
24%
59%
8%
3%
$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 remained the same in the last month and have increased by 2% 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 $1,705. A 1-bedroom apartment in Minnetonka, MN costs about $1,595 on average, while a 2-bedroom apartment is $1,870. Houses for rent in Minnetonka, MN are more expensive, with an average monthly cost of $2,695.

Comparables

1 bedroom

$1,585

1%

4%

2 bedroom

$1,926

1%

1%

3 bedroom

$2,800

No Change

36%

4 bedroom

$2,872

4%

1%

Studio

$1,122

7%

5%

Studio

Average rent

$1,122

Last 30 days

7%

Last year

5%

1 bedroom

Average rent

$1,585

Last 30 days

1%

Last year

4%

2 bedroom

Average rent

$1,926

Last 30 days

1%

Last year

1%

3 bedroom

Average rent

$2,800

Last 30 days

No Change

Last year

36%

4 bedroom

Average rent

$2,872

Last 30 days

4%

Last year

1%

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$1,732
decreased by11%

lower than the national median

Median rent price$1,299
decreased by33%

lower than the national median

Takeaway

The median rent for all rentals in Minnetonka, MN is 33% 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

$1,299

decreased by8%

Last year

Apple Valley

$1,890

increased by6%

Last year

Burnsville

$1,575

decreased by3%

Last year

Champlin

$1,802

increased by16%

Last year

Columbia Heights

$1,450

increased by9%

Last year

Crystal

$1,329

increased by4%

Last year

Fridley

$1,350

increased by22%

Last year

Golden Valley

$1,920

increased by8%

Last year

Lakeville

$2,097

increased by6%

Last year

New Hope

$1,345

increased by3%

Last year

Richfield

$1,272

decreased by7%

Last year

Shakopee

$1,772

increased by3%

Last year

Apartments for rent in Apple Valley

Discover rentals in Minnetonka, MN

CEDAR RIDGE APARTMENT HOMES - Photo 1 of 1

17h ago

8.3

Very good

CEDAR RIDGE APARTMENT HOMES

10201 Cedar Lake Rd, Minnetonka, MN 55305

1–2 beds

1–2 baths

$1,250–$1,699

Apartment for rent

Minnetonka Hills Apartments - Photo 1 of 1
Rent special

1d ago

9.9

Excellent

Our team has verified this company

Verified

Minnetonka Hills Apartments

2828 Jordan Ave S, Minnetonka, MN 55305

1–3 beds

1–2 baths

$1,290–$1,780

Apartment for rent

Call

Belgrove Apartments (10100 Minnetonka Blvd.) - Photo 1 of 1

5d+ ago

8

Very good

Belgrove Apartments (10100 Minnetonka Blvd.)

10100 Minnetonka Blvd, Minnetonka, MN 55305

2 beds

1 bath

$1,400

Apartment for rent

Oakridge Grand Apartments - Photo 1 of 1

3d ago

7.9

Very good

Oakridge Grand Apartments

10213 W 34th St, Minnetonka, MN 55305

3 beds

1 bath

$1,950

Apartment for rent

6045 Covington Ter #1 - Photo 1 of 1

3d ago

Townhouse for rent in Minnetonka

Covington Terrace, Minnetonka (6045) JP KK1 - 1

6045 Covington Ter #1, Minnetonka, MN 55345

3 beds

2 baths

$2,495

House for rent

Available Jun 1