Bedroom count

Property type

Last updated on January 12, 2026

Average rent in
Minnetonka, MN

Last updated on January 12, 2026

Last updated on January 12, 2026

Bedroom count

Property type

As of January 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.

$1.60

average price per square foot

Median rent

$1,695

increased by3%
over the previous yearvs previous year

Total rentals

21

for rent on Zumper.com

As of January 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.

$1.60

average price per square foot

Rent ranges

1%
29%
58%
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 decreased by 3% in the last month and have increased by 3% 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 $1,627. A 1-bedroom apartment in Minnetonka, MN costs about $1,535 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 $3,047.

Comparables

1 bedroom

$1,545

1%

5%

2 bedroom

$1,699

1%

1%

3 bedroom

$2,095

1%

10%

4 bedroom

$3,495

21%

8%

Studio

$1,293

7%

2%

Studio

Average rent

$1,293

Last 30 days

7%

Last year

2%

1 bedroom

Average rent

$1,545

Last 30 days

1%

Last year

5%

2 bedroom

Average rent

$1,699

Last 30 days

1%

Last year

1%

3 bedroom

Average rent

$2,095

Last 30 days

1%

Last year

10%

4 bedroom

Average rent

$3,495

Last 30 days

21%

Last year

8%

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$1,425
decreased by25%

lower than the national median

Takeaway

The median rent for all rentals in Minnetonka, MN is 19% 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

$1,425

Flat

Last year

Apple Valley

$1,895

increased by1%

Last year

Burnsville

$1,555

decreased by6%

Last year

Champlin

$1,750

decreased by2%

Last year

Columbia Heights

$1,525

increased by6%

Last year

Crystal

$1,286

decreased by5%

Last year

Fridley

$1,275

decreased by4%

Last year

Golden Valley

$2,070

increased by15%

Last year

Lakeville

$2,124

increased by20%

Last year

New Hope

$1,400

Flat

Last year

Richfield

$1,407

increased by1%

Last year

Shakopee

$1,571

decreased by6%

Last year

Apartments for rent in Arden Hills

Discover rentals in Minnetonka, MN

34th Street Flats - Photo 1 of 1

2d ago

8

Very good

34th Street Flats

10233 W 34th St, Minnetonka, MN 55305

1–3 beds

1 bath

$1,250–$1,850

Apartment for rent

CEDAR RIDGE APARTMENT HOMES - Photo 1 of 1

5d+ 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

$1,335–$2,294

Apartment for rent

Call

3522 Baker Rd - Photo 1 of 1

5d+ ago

House for rent in Minnetonka

House for rent

11516 Oakvale Road North - Photo 1 of 1

5d+ ago

House for rent in Minnetonka

Beautiful four bedroom home in Minnetonka

11516 Oakvale Road North, Minnetonka, MN 55305

4 beds

2 baths

$2,595

House for rent

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

$2,995

House for rent

Available Nov 12