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Average Rent in Minnetonka, MN

1 apartment buildings, 1 units. Daily asking prices with rent history for every building.

Avg Rent

$1,988/mo

market average

Cheapest

$1,988/mo

Oaks Glen Lake

Properties

1

tracked daily

Units

1

available now

Minnetonka, MN Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 1 properties in Minnetonka, MN.

Average Rent by Property

Starting Price vs Average

Price per Square Foot

Minnetonka, MN Rent Prices

All 1 properties ranked by lowest available rent.

Rent & Price History by Building

By Area

Minnetonka, MN neighborhoods

Tracked buildings across 1 named neighborhoods. Pick one to see its apartments.

Minnetonka, MN Average Rent Prices 2026

The average rent in Minnetonka, MN is $1,988 per month, based on 1 units across 1 apartment communities. Prices range from $1,988 at Oaks Glen Lake to $1,988 at Oaks Glen Lake.

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

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What salary do I need to live comfortably in Minnetonka, MN?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$80,000/year

Based on the 30 percent rule, using our tracked average rent of $1,988/mo.

Comfortable income

$95,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

Cost of living in Minnetonka, MN

We only have live rent data for Minnetonka, MN so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,988
Estimated total $1,988/mo

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures are refreshed annually.

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Nearby cities in Minnesota

How Minnetonka, MN rent compares to other markets in the state.

City Avg Rent vs Minnetonka, MN 30-Day Change Properties
Minneapolis, MN $2,198 +11% -7.3% 52
Eden Prairie, MN $1,944 -2% -1.4% 17
ST Paul, MN $1,776 -11% -1.9% 17
Eagan, MN $1,763 -11% +2.9% 16
Woodbury, MN $1,861 -6% +0.7% 14
Burnsville, MN $1,676 -16% +0.8% 13

Frequently asked questions

What is the average rent in Minnetonka, MN?

The average rent in Minnetonka, MN is $1,988 per month, based on 1 units across 1 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the cheapest apartment rent in Minnetonka, MN?

The lowest available rent in Minnetonka, MN starts at $1,988 per month. Availability changes daily and prices are refreshed each morning.

How much is a 2-bedroom apartment in Minnetonka, MN?

2-bedroom apartments in Minnetonka, MN average $1,988/mo. Units start from $1,988/mo across 1 units currently listed.

Rent Trends in Minnetonka, MN

Track how apartment prices are changing over time.

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