Bedroom count
Property type
Last updated on August 28, 2026
Average rent in
Minnetonka, MN
Average rent in
Last updated on August 28, 2026
Bedroom count
Property type
Median rent
Median rent in Minnetonka
$1,726/mo
2%vs previous year
The average rent in Minnetonka is $1,726 per month as of August 2026. This is 10% below the national average rent, or $198 less per month.
average price per square foot
Total rentals
Available rentals in Minnetonka
27
for rent on Zumper.com as of August 2026
Rent price distribution
Share of Minnetonka rentals at each price point
Rent trends in Minnetonka, MN
Average rent prices in Minnetonka have increased by 2% over the last month and have increased by 2% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Minnetonka, MN
Rent prices in Minnetonka vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Minnetonka is $1,700, whereas a house costs $2,600. 1-bedroom apartments in Minnetonka run $1,620 on average, while 2-bedroom apartments are $1,795.
Listings | ||||
|---|---|---|---|---|
Studio | $1,246 |  4% | 47% | |
1 bedroom | $1,620 | 2% | 10% | |
2 bedroom | $1,795 | 2% | 1% | |
3 bedroom | $2,600 | 3% | 16% | |
4 bedroom | $3,348 | 6% | 37% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Minnetonka, MN.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,700 | 2% | No Change | |
Condos | $1,800 | 3% | 6% | |
Houses | $2,600 | 15% | No Change |
Studio
Average rent
$1,246
Last 30 days
4%
Last year
47%
1 bedroom
Average rent
$1,620
Last 30 days
2%
Last year
10%
2 bedroom
Average rent
$1,795
Last 30 days
2%
Last year
1%
3 bedroom
Average rent
$2,600
Last 30 days
3%
Last year
16%
4 bedroom
Average rent
$3,348
Last 30 days
6%
Last year
37%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Minnetonka, MN.
Apartments
Average rent
$1,700
Last 30 days
2%
Condos
Average rent
$1,800
Last 30 days
3%
Last year
6%
Houses
Average rent
$2,600
Last 30 days
15%
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.
How does rent in Minnetonka, MN compare to other cities?
Compare median rent prices in Minnetonka and Anoka by all bedroom counts and property types.
Minnetonka
10%lower than the national median
31%lower than the national median
Takeaway
The median rent for all rentals in Minnetonka, MN is 30% higher than the median rent in Anoka, MN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,329
4%$1,820
8%$1,625
4%$1,820
9%$1,390
11%$1,408
2%$1,199
17%$2,110
12%$2,495
2%$1,325
6%$1,810
24%$1,748
7%Discover rentals in Minnetonka, MN
1d ago
10201 Cedar Lake Rd, Minnetonka, MN 55305
1–2 beds
1–2 baths
$1,250–$1,699
Apartment for rent
18h ago
Verified
2828 Jordan Ave S, Minnetonka, MN 55305
1–3 beds
1–2 baths
$1,349–$1,755
Apartment for rent
5d+ ago
Apartment for rent in Minnetonka
2 beds
1 bath
$1,549
Apartment for rent
11h ago
10213 W 34th St, Minnetonka, MN 55305
2 beds
0 baths
$1,650
Apartment for rent
19h ago
2814 Jordan Ave S, Minnetonka, MN 55305
1–2 beds
1–2 baths
$1,699–$2,495
Apartment for rent
13h ago
14414 Stewart Ln, Minnetonka, MN 55345
Studio–2 beds
1–2 baths
$1,236–$2,296
Apartment for rent
2d ago
5190 Nolan Dr, Minnetonka, MN 55343
1–2 beds
1–2 baths
$1,795–$2,225
Apartment for rent
21h ago
2200 Plymouth Rd, Minnetonka, MN 55305
Studio–2 beds
1–2 baths
$1,505–$3,890
Price drop
Apartment for rent
18h ago
Verified
2828 Jordan Ave S, Minnetonka, MN 55305
1–3 beds
1–2 baths
$1,349–$1,755
Apartment for rent
2d ago
Verified
6100 Chasewood Pkwy, Minnetonka, MN 55343
2 beds
1 bath
$1,985
Apartment for rent
2d ago
Verified
6100 Chasewood Pkwy, Minnetonka, MN 55343
1 bed
1 bath
$1,495–$1,695
Apartment for rent
13h ago
14414 Stewart Ln, Minnetonka, MN 55345
Studio–2 beds
1–2 baths
$1,236–$2,296
Apartment for rent
18h ago
Verified
2828 Jordan Ave S, Minnetonka, MN 55305
1–3 beds
1–2 baths
$1,349–$1,755
Apartment for rent
2d ago
Verified
6100 Chasewood Pkwy, Minnetonka, MN 55343
2 beds
1 bath
$1,985
Apartment for rent
2d ago
Verified
6100 Chasewood Pkwy, Minnetonka, MN 55343
1 bed
1 bath
$1,495–$1,695
Apartment for rent
1d ago
10201 Cedar Lake Rd, Minnetonka, MN 55305
1–2 beds
1–2 baths
$1,250–$1,699
Apartment for rent
1d ago
Verified
2828 Jordan Ave S, Minnetonka, MN 55305
1–2 beds
1 bath
$1,349–$1,665
Apartment for rent
1d ago
10201 Cedar Lake Rd, Minnetonka, MN 55305
1–2 beds
1 bath
$1,250–$1,499
Apartment for rent
5d+ ago
House for rent in Minnetonka
1 bed
1 bath
$1,350
House for rent
7h ago
House for rent in Minnetonka
5147 Valley View Rd, Minnetonka, MN 55345
4 beds
2 baths
$2,900
$2,800
Price drop
House for rent
Available Oct 1
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Frequently asked questions for Minnetonka, MN
Quick answers to common questions about the Minnetonka rental market.
How much is rent in Minnetonka?
The average rent in Minnetonka is $1,726 per month as of August 22, 2026.
Is rent up or down in Minnetonka?
Average rent prices in Minnetonka have increased by 2% over the last month and have increased by 2% since last year.
How does Minnetonka rent compare to the national average?
Rent in Minnetonka is 10% below the national average, which means renters are paying approximately $198 less per month.
What salary do I need to afford rent in Minnetonka?
To comfortably afford rent in Minnetonka, you'd need to earn approximately $69,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Minnetonka?
January typically sees the lowest rent levels in Minnetonka, with approximately a 7% difference compared to September when rents peak, so timing your search for winter months could result in better pricing if inventory returns to the market.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).