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Newest Homes for Rent in Medina, MN

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  • 3294 Red Oak Trail, Medina, MN 55340
    3294 Red Oak Trail, Medina, MN 55340
    3294 Red Oak Trail, Medina, MN 55340
    /25

    $3,000

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,911 Sq Ft
    • Townhouse for Rent

    3294 Red Oak Trail, Medina, MN 55340

    Newer construction and beautiful townhome with the best corner lot in the townhome community over looking a wildlife area and fantastic yard. Home is well maintained featuring granite countertops, ceramic backsplash, stainless appliances, wood tile flooring, spacious loft, convenient laundry room, and includes a gas fireplace! The location is exceptional with a short drive

    3294 Red Oak Trail, Medina, MN 55340
  • 1142 Middlefield Rd, Medina, MN 55340
    1142 Middlefield Rd, Medina, MN 55340
    1142 Middlefield Rd, Medina, MN 55340
    /31

    $2,675 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,804 Sq Ft
    • Townhouse for Rent

    1142 Middlefield Rd, Medina, MN 55340

    Available August 1st! Beautiful Like-New Townhome in the Wayzata School District! This stunning west-facing townhome offers an open-concept floor plan filled with natural light and stylish modern finishes throughout. The spacious kitchen features white cabinetry, quartz countertops, a subway tile backsplash, slate appliances, a pantry, and a large center island that overlooks the inviting family

    Svitlana Pashko RE/MAX Results

    1142 Middlefield Rd, Medina, MN 55340
  • 500 Hamel Rd, Hamel, MN 55340
    500 Hamel Rd, Hamel, MN 55340
    /2

    Call for Price

    • 1 - 3 Beds

    500 Hamel Rd, Hamel, MN 55340

    Where the City Meets Countryside!Welcome home to this beautifully located property in the top rated Wayzata Public Schools district! Perfectly situated near Highways 101 and 55, this home offers the best of both worlds—easy access to shopping, dining, entertainment, and major employers, while still enjoying the comfort and charm of a suburban neighborhood.Step inside and discover

    The Hamel

    500 Hamel Rd, Hamel, MN 55340
  • 3294 Red Oak Trail, Medina, MN 55340
    3294 Red Oak Trail, Medina, MN 55340
    3294 Red Oak Trail, Medina, MN 55340
    /25

    $3,000

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,911 Sq Ft
    • Townhouse for Rent

    3294 Red Oak Trail, Medina, MN 55340

    Newer construction and beautiful townhome with the best corner lot in the townhome community over looking a wildlife area and fantastic yard. Home is well maintained featuring granite countertops, ceramic backsplash, stainless appliances, wood tile flooring, spacious loft, convenient laundry room, and includes a gas fireplace! The location is exceptional with a short drive

    3294 Red Oak Trail, Medina, MN 55340
Minnesota Hennepin County

Newest Homes for Rent in Medina, MN

Frequently Asked Questions

How much does it cost to rent a home in Medina, MN?
The median rent for a home in Medina, MN is $2,700 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Medina, MN?
To comfortably afford the median rent in Medina, MN, a household needs to earn roughly $108,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,700 per month in Medina, MN, renters typically need to show $8,100 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Medina, MN?
In Medina, MN, the price-to-rent ratio is 35.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Medina, MN are best for renting a home?
The best neighborhood for renting in Medina, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Hidden Valley and Shelard Park, each with its own character and price range.

Rental Trends in Medina, MN

There are currently 4 homes available for rent in Medina, MN. The median rent is $2,700 per month, with single-family homes renting at $2,613 and townhouses at $2,700.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$2,700
Median Single Family Home Rent
$2,613
Median Townhouse Rent
$2,700
How to Rent a Home

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