Bedroom count

Property type

Last updated on February 27, 2026

Average rent in
Minnetonka, MN

Last updated on February 27, 2026

Last updated on February 27, 2026

Bedroom count

Property type

As of February 2026, the median rent for all bedroom counts and property types in Minnetonka, MN is $1,695. This is -11%, or $205, lower than the national average.

$1.55

average price per square foot

Median rent

$1,695

increased by5%
over the previous yearvs previous year

Total rentals

18

for rent on Zumper.com

As of February 2026, the median rent for all bedroom counts and property types in Minnetonka, MN is $1,695. This is -11%, or $205, lower than the national average.

$1.55

average price per square foot

Rent ranges

6%
28%
51%
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 increased by 2% in the last month and have increased by 5% 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 $1,612. A 1-bedroom apartment in Minnetonka, MN costs about $1,475 on average, while a 2-bedroom apartment is $1,699. Houses for rent in Minnetonka, MN are more expensive, with an average monthly cost of $2,700.

Comparables

1 bedroom

$1,479

No Change

8%

2 bedroom

$1,705

3%

4%

3 bedroom

$2,475

1%

4%

4 bedroom

$3,375

3%

-

Studio

$1,246

7%

1%

Studio

Average rent

$1,246

Last 30 days

7%

Last year

1%

1 bedroom

Average rent

$1,479

Last 30 days

No Change

Last year

8%

2 bedroom

Average rent

$1,705

Last 30 days

3%

Last year

4%

3 bedroom

Average rent

$2,475

Last 30 days

1%

Last year

4%

4 bedroom

Average rent

$3,375

Last 30 days

3%

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$1,695
decreased by11%

lower than the national median

Median rent price$1,465
decreased by23%

lower than the national median

Takeaway

The median rent for all rentals in Minnetonka, MN is 16% 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

$1,465

increased by11%

Last year

Apple Valley

$1,875

increased by14%

Last year

Burnsville

$1,634

decreased by2%

Last year

Champlin

$2,052

increased by7%

Last year

Columbia Heights

$1,425

increased by21%

Last year

Crystal

$1,329

increased by5%

Last year

Fridley

$1,294

increased by10%

Last year

Golden Valley

$2,030

increased by20%

Last year

Lakeville

$2,039

increased by23%

Last year

New Hope

$1,402

increased by5%

Last year

Richfield

$1,339

decreased by14%

Last year

Shakopee

$1,635

increased by4%

Last year

Apartments for rent in Apple Valley

Discover rentals in Minnetonka, MN

Stratford Wood - Photo 1 of 1

3h ago

8.8

Very good

Stratford Wood

18900 Stratford Rd, Minnetonka, MN 55345

1–3 beds

1–2 baths

$1,112–$2,725

Price drop

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

$1,250–$2,294

Apartment for rent

Call

CEDAR RIDGE APARTMENT HOMES - Photo 1 of 1

2d ago

8.8

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

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

2d ago

7.9

Very good

Belgrove Apartments (10100 Minnetonka Blvd.)

10100 Minnetonka Blvd, Minnetonka, MN 55305

2 beds

1 bath

$1,400

Apartment for rent

10411 Cedar Lake Rd #312 - Photo 1 of 1

5d+ ago

Apartment for rent in Minnetonka

Beautiful 2 Bed in Hopkins!!

10411 Cedar Lake Rd #312, Minnetonka, MN 55305

2 beds

2 baths

$1,870

Apartment for rent