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Luxury Homes for Rent in Minnetonka, MN

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  • /55

    Starting at $1,600

    Total Monthly Price

    • 1 - 3 Beds

    12300 Marion Ln W, Minnetonka, MN 55305

    Find a new place to call home at Avana Minnetonka, a peaceful, lush retreat, just moments away from everything Minneapolis has to offer! Choose from one-, two-, and three-bedroom apartments homes in a variety of floor plans, designed to fit every need. Our homes feature spacious kitchens with sleek countertops and cabinets, stainless steel options, private balconies and patios, plush carpet and

    Avana Minnetonka

    (320) 613-2738

    12300 Marion Ln W, Minnetonka, MN 55305
  • /13

    $9,500 Per Month

    • 5 Beds
    • 2.5 Baths
    • 3,100 Sq Ft
    • House for Rent

    16926 Grays Bay Blvd, Wayzata, MN 55391

    Hard to find 5BR 4BA two story on Landscaped & level lot w/west facing views over Grays Bay! Recent addition & remodel. This home offers open & casual floor plan, main level office, tall windows & 2 decks to take in the Lake Minnetonka View! Dock included. Minimum 12 month Lease. Available August 1. $55. application fee per adult. $10,000 Deposit $150 admin fee due at lease signing.

    Mark Brattvet Homes For Now

    16926 Grays Bay Blvd, Wayzata, MN 55391
  • /39

    $8,900 Per Month

    • 6 Beds
    • 4.5 Baths
    • 5,124 Sq Ft
    • House for Rent

    3632 Rainbow Dr, Minnetonka, MN 55345

    Exceptional home on a private lot in a quiet neighborhood, located directly across from Groveland School, the Co-op, Lifetime Fitness, and the Tennis Club — truly one-stop living for the whole family. This beautiful executive home sits on a generous half-acre lot in the highly sought-after Minnetonka School District and features 6 bedrooms, 5 bathrooms, and a 4-car garage. Upstairs you’ll find

    Ryan Hannay Creative Housing Real Estate

    3632 Rainbow Dr, Minnetonka, MN 55345
  • /37

    $7,745

    Total Monthly Price

    • 2 Beds
    • 3.5 Baths
    • 3,595 Sq Ft
    • Condo for Rent

    16116 Ringer Rd Unit SI FL3-ID1369956P, Wayzata, MN 55391

    The advertised rate of $7,745/month is the lowest available price, based on a 1 month(s) and 2 day(s) stay with a move-in date of February 11, 2027.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed

    16116 Ringer Rd Unit SI FL3-ID1369956P, Wayzata, MN 55391
  • /20

    Starting at $1,830 Plus Fees

    • Studio - 3 Beds

    801 Carlson Pkwy, Minnetonka, MN 55305

    At our 55+ active adult rental community in Minnetonka, Minnesota, residents can focus their time and energy on what matters most to them: community, family, friends and interests. Life here also means access to thoughtfully designed gathering places and convenient neighborhood connections.From community gardens, walking paths and the outdoor pool to the sky lounge, golf simulator and

    Amira Minnetonka & Amira Villas 55+ Adult

    (763) 230-0558

    801 Carlson Pkwy, Minnetonka, MN 55305
  • /16

    $7,000 Per Month

    • 3 Beds
    • 3.5 Baths
    • 3,112 Sq Ft
    • House for Rent

    17500 County Road 101 W, Wayzata, MN 55391

    Fantastic 3 BR House on Gray's Bay! Beautiful Updated Kitchen with White Cabinetry and Granite Island, opens up to Dining Area and Awesome Views of Lake Minnetonka. Large Elegant and Rustic Living Room w Gas Fireplace and High Wood Ceilings w Wood beams. Main Floor Office or 3rd Bedroom. Fresh Laundry Room on Main Level. Huge Upper Level Primary Suite w Private Bathroom, Gas Fireplace and

    Layla Shea REI Real Estate & Prop Mgmt

    17500 County Road 101 W, Wayzata, MN 55391
  • /21

    $5,000 Per Month

    • 5 Beds
    • 4 Baths
    • 4,384 Sq Ft
    • House for Rent

    190 Gleason Lake Rd, Wayzata, MN 55391

    Welcome to this beautifully maintained home on Gleason Lake, offering comfort, privacy, and an exceptional rental opportunity. Nestled on a quiet, tree-lined road, this property features spacious living areas, large windows that fill the home with natural light, and serene views of the surrounding landscape. The kitchen and common spaces are designed for everyday living and effortless

    Curt Fretham Lakewest Realty, LLC

    190 Gleason Lake Rd, Wayzata, MN 55391
  • /23

    Starting at $1,158 Plus Fees

    • Studio - 3 Beds

    10400 Bren Rd E, Minnetonka, MN 55343

    Welcome to Minnetonka Station, a luxury apartment community in Minnetonka, MN! Our brand-new community offers a variety of studio, one, two, and three-bedroom apartments and townhomes, each meticulously designed to provide the utmost comfort and style. Enjoy the breathtaking views from your private balcony or patio, perfect for relaxation and outdoor entertaining. Inside, you'll find exquisite

    Minnetonka Station

    (952) 649-5992

    10400 Bren Rd E, Minnetonka, MN 55343
  • /2

    $4,499

    Total Monthly Price

    • 6 Beds
    • 5 Baths
    • 4,962 Sq Ft
    • House for Rent

    17027 W 62nd St, Eden Prairie, MN 55346

    *More Photos Coming Soon!*->Available for move-in August 1, 2026Executive Rental Home in Eden Prairie – Minnetonka SchoolsWelcome home to this stunning executive rental in the highly sought-after Prairie Estates neighborhood of Eden Prairie. Offering nearly 5,000 finished square feet, this spacious residence features 6 bedrooms, 5 bathrooms, and a 3-car attached garage,

    17027 W 62nd St, Eden Prairie, MN 55346
  • /53

    Starting at $2,995 Plus Fees

    • 1 - 2 Beds

    12501 Ridgedale Dr, Minnetonka, MN 55305

    V

    The Luxe, Apartments at Ridgedale

    (763) 292-4615

    12501 Ridgedale Dr, Minnetonka, MN 55305
  • /22

    Starting at $1,616

    Total Monthly Price

    • Studio - 3 Beds

    10702 Red Circle Dr, Hopkins, MN 55343

    Bellamy Minnetonka invites you to a community that delivers all the perks of modern living, with access to the upscale amenities you want, the premium features you’ll love, and a location close to everything you need.

    Bellamy Minnetonka

    (612) 441-5411

    10702 Red Circle Dr, Hopkins, MN 55343
  • /50

    Starting at $1,883

    Total Monthly Price

    • Studio - 2 Beds

    1700 Plymouth Rd, Minnetonka, MN 55305

    The best urban experience in the suburbs.Residences at 1700 puts an urban twist on suburbia. Luxurious and amenity-packed, our apartments in Minnetonka, MN, place you in an ideal location within steps of all the best shopping and dining destinations around. Plus, we're right off Highways 494 and 394, so Minneapolis is minutes away.As a resident of our welcoming community, you'll enjoy access to

    Residences at 1700

    (763) 363-5027

    1700 Plymouth Rd, Minnetonka, MN 55305
  • /77

    Starting at $1,357

    Total Monthly Price

    • Studio - 3 Beds

    11050 Red Circle Dr, Minnetonka, MN 55343

    Alcott is the perfect blend of sophisticated elegance fused with modern and playful design to create a new level of tailored living in Minnetonka, Minnesota. Alcott's expansive 6-floor design boasts a mix of alcoves, studios, and one to three-bedroom unit designs to accommodate a variety of lifestyles. Our thoughtfully designed floor plans include premium features like quartz countertops,

    Alcott

    (763) 230-0726

    11050 Red Circle Dr, Minnetonka, MN 55343
  • /31

    Starting at $1,725

    Total Monthly Price

    • 1 - 2 Beds

    12610 Ridgedale Dr, Minnetonka, MN 55305

    Avidor Minnetonka is a 55-plus apartment community designed with you in mind. We bring together the best of maintenance-free rental living and active adult lifestyle programs and services to create an environment that nurtures connections, vitality, and overall well-being. Located adjacent to a new city park, library, athletic clubs, and Ridgedale Mall, Avidor is also a mere 4 miles away from the

    Avidor Minnetonka 55+ Active Adult Apartment Homes

    (763) 363-7081

    12610 Ridgedale Dr, Minnetonka, MN 55305
  • /30

    Starting at $1,583 Plus Fees

    • 1 - 2 Beds

    10101 Bren Rd E, Minnetonka, MN 55343

    RiZE at Opus Park, located in Minnetonka, MN, is just a short drive from Downtown Minneapolis and world-class shopping at the Mall of America. RiZE at Opus Park's 2-story fitness center, rooftop patio with fireplace, and luxe finishes were designed with the modern luxuries of today in mind.Our spacious one and two-bedroom Minnetonka apartments feature stainless steel appliances,

    Rize at Opus Park

    (612) 260-5688

    10101 Bren Rd E, Minnetonka, MN 55343
  • /52

    Starting at $1,659 Plus Fees

    • 1 - 2 Beds

    300 Carlson Pkwy, Minnetonka, MN 55305

    Combining the rustic feel of the natural lakes and the community's façade with the newly renovated apartments and amenities, Arrive Minnetonka delivers a perfectly relaxing living experience in Minnetonka. From the tranquil on-site attractions to the elegant interiors inside each home, this stunning community offers plenty of opportunities to unwind.

    Arrive Minnetonka

    (952) 900-5551

    300 Carlson Pkwy, Minnetonka, MN 55305
  • /26

    $3,395 Per Month

    • 4 Beds
    • 2 Baths
    • 1,776 Sq Ft
    • House for Rent

    2926 Bay St, Wayzata, MN 55391

    Located in one of the most desirable pockets near Lake Minnetonka, this well-maintained 4-bedroom, 2-bath home offers the perfect balance of comfort, charm, and location. Just a short walk from the lake, Grays Bay, parks, trails, and the restaurants and the shops of downtown Wayzata, this property places you in the heart of one of the west metro’s most sought-after communities. Wayzata is widely

    Agent Photo

    Christopher Broz

    REMAX Results

    (651) 705-3737

    2926 Bay St, Wayzata, MN 55391
  • /35

    Starting at $2,225 Plus Fees

    • 1 - 2 Beds

    1508 Clare Ln, Wayzata, MN 55391

    Tucked into the natural beauty of Minnetonka and just minutes from downtown Wayzata, The Ensley is a new kind of 55+ community—boutique-style, boldly Minnesotan, and built for the life you want to lead. With thoughtfully designed interiors, high-touch service, and spaces buzzing with activity, it's more than a place to live—it's a home base for your next great adventure.

    The Ensley

    (952) 800-9791

    1508 Clare Ln, Wayzata, MN 55391
  • /100

    Starting at $1,703 Plus Fees

    • Studio - 3 Beds

    9920 Wayzata Blvd, Minneapolis, MN 55426

    Here's what you can expect at The Mera. Our community and all our homes are smoke-free. We allow cats, dogs, and other small animals. We have no breed restrictions upon an approved pet application. Required Fees - Move-in: application fee - $50 per applicant, deposit - $500, & administration Fee - $150. Monthly: rent - fixed cost dependent on size, move-in date, and lease term, utilities -

    The Mera

    (763) 363-4816

    9920 Wayzata Blvd, Minneapolis, MN 55426
  • /16

    $3,200 Plus Fees

    • 3 Beds
    • 2 Baths
    • 2,700 Sq Ft
    • House for Rent

    19101 Delton Ave, Minnetonka, MN 55345

    Property Id: 2347649Beautiful log home on a 1/2 acre lot in Minnetonka. Safe neighborhood with great neighbors of all ages. Just a few blocks from Minnetonka high school on the frontage road.Newly refinished original hardwood floors throughout the main level. Truly sound deadening windows to block any outside noise. Vestibule Entry with closet. Organic, "American clay" entry way.

    (651) 370-8189

    19101 Delton Ave, Minnetonka, MN 55345
  • /63

    Starting at $1,618

    Total Monthly Price

    • 1 - 3 Beds

    11816 Wayzata Blvd, Minnetonka, MN 55305

    Choose from a curated collection of alcoves and one-, two-, and three-bedroom apartments for rent. Each home features high-end finishes, including quartz countertops, stainless steel appliances, an in-unit washer and dryer, and private outdoor spaces, with select units offering cozy fireplaces for added warmth and charm.

    Vale

    (651) 677-2660

    11816 Wayzata Blvd, Minnetonka, MN 55305
  • /28

    Starting at $2,056

    Total Monthly Price

    • Studio - 3 Beds

    501 Carlson Pkwy, Minnetonka, MN 55305

    Retreat to The Island Residences at Carlson Center, a stunning, 5 story Class A apartment community in Minnetonka. We are uniquely nestled within a secluded and serene natural oasis of lush greenery bounded by water on all sides. In our well-appointed alcove and one to three bedroom apartment homes, our residents and guests will enjoy the trails and trees surrounding the property, heated

    The Island Residences

    (833) 996-2765

    501 Carlson Pkwy, Minnetonka, MN 55305
  • /65

    $3,000

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 2,200 Sq Ft
    • House for Rent

    4700 Church Ln, Minnetonka, MN 55343

    Welcome to 4700 Church Lane in Minnetonka, MN. This home is available for rent July 1st. This is an absolutely beautiful 4 bedroom, 2 bathroom, rambler within the Hopkins School District. The home sits on just under a half acre, corner lot, and backs up to beautiful views of the woods. The home has new siding, gutters, front door, garage door, and a new roof. There are 3 bedrooms on the main

    4700 Church Ln, Minnetonka, MN 55343
  • /21

    $2,900

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • Townhouse for Rent

    3700 Westmark Cir Unit 3618 Westmark Drive, Minnetonka, MN 55345

    Newly Remodeled! This property at 3618 Westmark Drive features 3 bedrooms and 2 bathrooms, The living room offers ample space for relaxation and entertainment, while the bathrooms include a tub/shower combination for convenience. Each bedroom provides sufficient room for furnishings and personal items. The property includes essential amenities such as a washer and dryer for in-home laundry, a

    3700 Westmark Cir Unit 3618 Westmark Drive, Minnetonka, MN 55345
  • /63

    $2,850

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 2,200 Sq Ft
    • House for Rent

    2517 Cedar Hills Dr, Hopkins, MN 55305

    Beautiful twin home with no association features a large owners suite with walk-in closet and vanity sink. 2 bedrooms up, and 2 in the lower level. Oversized 2 car garage with built in storage shelving. Irrigation system. This lot is amazing and offers beautiful and peaceful privacy from either the large deck, or patio located off the walkout basement. Large laundry room with extra storage.

    2517 Cedar Hills Dr, Hopkins, MN 55305
  • /35

    $2,745

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 2,000 Sq Ft
    • House for Rent

    18890 Barrington Dr, Eden Prairie, MN 55346

    Exceptional Eden Prairie home with Fenced Yard, Large Deck and patio, Gas Fireplace.Nice wooded area close to Purgatory Park, Eden Conservation Area, and Lotus Lake. Close to restaurants and convenient access to highway 7. Minnetonka school district. Pet friendly! Early move-in options available, please inquire. Managed by a 5-star rated professional property management

    18890 Barrington Dr, Eden Prairie, MN 55346
  • /51

    Starting at $1,365 Plus Fees

    • Studio - 3 Beds

    10950 Red Circle Dr, Minnetonka, MN 55343

    The Townline Apartments is a luxury apartment community located at the border of Minnetonka and Eden Prairie-offering a variety of amenities, including a fitness center, saltwater pool, and sauna. The apartments are spacious and well-appointed, and the community is located in a quiet and peaceful neighborhood with easy access to downtown Minneapolis.The Townline provides a chic,

    Townline Apartments

    (651) 370-8362

    10950 Red Circle Dr, Minnetonka, MN 55343
  • /29

    Starting at $2,495

    Total Monthly Price

    • 2 - 3 Beds

    16863 Saddlewood Trail, Minnetonka, MN 55345

    Tucked into a natural setting and positioned along the Loop Trail Corridor, Saddlewood Townhomes provides a lifestyle centered on recreation, natural beauty, and a peaceful residential setting. Surrounded by protected wetlands, scenic walking paths, and miles of nearby biking and hiking trails, residents can enjoy the beauty of the outdoors just steps from home. Whether it's a morning walk, an

    Saddlewood

    (952) 230-1601

    16863 Saddlewood Trail, Minnetonka, MN 55345
  • /35

    Starting at $1,594

    Total Monthly Price

    • Studio - 2 Beds

    9700 Waterstone Place, Minnetonka, MN 55305

    Introducing Waterstone Place Apartments, a beautiful community located nine miles west of Minneapolis. Apart from a premier amenity package, we provide a stylish selection of luxury apartments in Minnetonka, MN, with spacious studio, one, and two-bedroom layouts and upscale interior features. Flexible lease terms are also available! Comfort and convenience combine, creating a space that you can

    Waterstone Place

    (763) 363-6633

    9700 Waterstone Place, Minnetonka, MN 55305
  • /28

    Starting at $1,359 Plus Fees

    • 1 - 3 Beds

    2828-2875 Jordan Ave, Minnetonka, MN 55305

    Welcome to Minnetonka Hills Apartments. Just minutes from downtown Minneapolis, our community offers one-, two-, and three-bedroom apartments designed with your lifestyle in mind. Whether you're relaxing on your private patio, enjoying stunning views of the nearby wildlife preserve, or staying active in one of our fitness centers, every day feels like a breath of fresh air.Step inside your new

    Minnetonka Hills Apartments

    (763) 363-5740

    2828-2875 Jordan Ave, Minnetonka, MN 55305
  • /50

    Starting at $1,618 Plus Fees

    • 1 - 3 Beds

    10275 Greenbrier Rd, Minnetonka, MN 55305

    Experience comfortable, modern living surrounded by the natural beauty of Minnetonka. Nestled among mature trees and scenic wetlands, The Woodlands offers a peaceful setting just minutes from premier shopping, dining, and the Twin Cities.Our newly renovated apartment homes feature spacious floor plans, modern finishes, in-home washers and dryers, and heated underground parking with car wash bays.

    The Woodlands of Minnetonka Apartments

    (763) 363-5688

    10275 Greenbrier Rd, Minnetonka, MN 55305
  • /16

    Starting at $2,300 Plus Fees

    • 3 Beds

    12708-12720 Wayzata Blvd, Minnetonka, MN 55305

    The beautiful one, two and three bedroom homes each feature an open floorplan with the living room, dining room and kitchen all flowing into one another. Nine foot ceilings and oversized windows are also standard throughout to further enhance the open feeling. Spacious bedrooms and closets, a laundry area in each home, a full kitchen appliance package with islands in 2 and 3 bedrooms, and an

    The Ridge Apartments

    (952) 856-8191

    12708-12720 Wayzata Blvd, Minnetonka, MN 55305
  • /21

    $2,295

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • House for Rent

    4831 Ridge Rd, Minnetonka, MN 55345

    Single family home in very quiet neighborhood on a dead end road. Children can play in the street. large back yard fenced. Minnetonka school district. Grade school through high school all only one mile away. Home completely redone. 2 bedroom, 1 ½ bathroom. Laundry room. New lighting ,electrical, paint, floor, ceiling , and woodwork. Basement has new carpet in large room, new ceiling, paint and

    4831 Ridge Rd, Minnetonka, MN 55345
  • /14

    $2,200

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,232 Sq Ft
    • Townhouse for Rent

    3640 Independence Ave S Unit 61, St Louis Park, MN 55426

    Amazing location, heated pool, and a dream kitchen! Maintenance-friendly yet stylish townhouse in Saint Louis Park's Amhurst community ideal for those seeking quality, comfort, amenities, and access. Two full bedrooms upstairs, two baths, and an open main level with living/dining/kitchen layout. Kitchen is thoughtfully upgraded with custom cabinetry and stainless appliances; baths have been

    3640 Independence Ave S Unit 61, St Louis Park, MN 55426
  • /26

    Starting at $1,669

    Total Monthly Price

    • Studio - 2 Beds

    2200 Plymouth Rd, Minnetonka, MN 55305

    We can't wait to welcome you home! Here's what you can expect at Regency Woods. Our community and all our homes are smoke-free. We allow cats, dogs, and other small animals. We have no breed restrictions upon an approved pet application. Required Fees - Move-in: application fee - $50 per applicant, deposit - $300, & administration Fee - $150. Monthly: rent - fixed cost dependent on size, move-in

    Regency Woods

    (763) 600-8047

    2200 Plymouth Rd, Minnetonka, MN 55305
  • /12

    $2,095

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • Hopkins Townhome for Rent

    704 Robinwood Ln, Hopkins, MN 55305

    Welcome to 704 Robinwood Lane in Hopkins! This well-maintained home offers a perfect blend of comfort, convenience, and charm in a desirable location.Featuring spacious living areas filled with natural light, this home provides a functional layout ideal for everyday living and entertaining. The kitchen offers ample cabinet space and flows seamlessly into the dining and living areas.

    704 Robinwood Ln, Hopkins, MN 55305
  • /57

    Starting at $1,830

    Total Monthly Price

    • 1 - 3 Beds

    155 Gleason Lake Rd, Wayzata, MN 55391

    LIMITED TIME OFFER: Receive $750 off your first month's rent when you sign a 12-month lease. Must move in by 8.1.26. Heat, water, and trash are included in rent. Offer subject to change or termination without notice. Welcome home! Whether you take advantage of the many different activities the lake has to offer, or just enjoy the quiet solitude of the sinking sun casting colors across the water,

    Gleason Lake

    (612) 429-4094

    155 Gleason Lake Rd, Wayzata, MN 55391
  • /24

    Starting at $1,295 Plus Fees

    • 1 - 2 Beds

    10213-10253 34th St W, Hopkins, MN 55305

    Welcome to 34 Grand Apartments, a 40-unit community in Minnetonka featuring beautifully updated 1- and 2-bedroom homes. Each apartment includes hard-surface countertops, upgraded flooring, and modern appliances. Enjoy outdoor grill area shared coin/card laundry in every building, garages available, and included utilities—gas, water, sewer, and trash.Conveniently located near Hwy?169,

    34 Grand Apartments

    (612) 284-0474

    10213-10253 34th St W, Hopkins, MN 55305
  • /10

    $1,950

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,350 Sq Ft
    • Charming 3 Bedroom for Rent in Minnetonka!

    3524 County Rd 101, Minnetonka, MN 55345

    3 bedroom townhome for rent just steps from 101 and Minnetonka Boulevard! Award winning Minnetonka Schools. Close to parks, trails, highways, shopping, and Downtown Wayzata. New floors throughout. Main level living & dining rooms, half bath, kitchen, and laundry room. Upper level has 3 bedrooms and a full bath.Lawn care and snow removal included with rent. Tenant responsible for all

    3524 County Rd 101, Minnetonka, MN 55345
  • /67

    Starting at $1,499 Plus Fees

    • 1 - 2 Beds

    2814 Jordan Ave S, Minnetonka, MN 55305

    Welcome to Altitude Residences — where leveling up your lifestyle is kind of the whole point. Right in the heart of Minnetonka, our modern one, two, and three-bedroom apartments give you space to live, work, and chill without sacrificing style. Open layouts, tons of natural light, and in-home laundry? Yeah, we checked all the boxes.Step outside and you'll find a community built for balance. Cool

    Altitude Residences

    (612) 441-4064

    2814 Jordan Ave S, Minnetonka, MN 55305

Showing Results 1 - 40, Page 1 of 2

Frequently Asked Questions

How much does it cost to rent a home in Minnetonka, MN?
The median rent for a home in Minnetonka, MN is $2,647 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Minnetonka, MN?
To comfortably afford the median rent in Minnetonka, MN, a household needs to earn roughly $105,880 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 $2,647 per month in Minnetonka, MN, renters typically need to show $7,941 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 Minnetonka, MN?
In Minnetonka, MN, the price-to-rent ratio is 17.9, 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 Minnetonka, MN are best for renting a home?
The best neighborhood for renting in Minnetonka, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Aquila, Shelard Park, Oak Hill and Lenox, each with its own character and price range.

Rental Trends in Minnetonka, MN

Rental Home Trends

Number of Homes for Rent
65
Median Rent
$2,647
Median Single Family Home Rent
$3,173
Median Townhouse Rent
$2,395
How to Rent a Home