87

Studio Apartments for Rent in Minnetonka, MN

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  • /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
  • /100

    Starting at $1,687 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
  • /30

    Starting at $1,295 Plus Fees

    • Studio - 2 Beds

    10641 Greenbrier Rd, Minnetonka, MN 55305

    Nestled along the shores of Minnehaha Creek, a gracious lifestyle awaits you at Brier Creek Apartments. Brier Creek is conveniently located in Minnetonka, within walking distance to Cedar Hills Shopping Center and bus transportation. Shopping at Ridgedale is approximately one mile away. Brier Creek is minutes to downtown Minneapolis and close to many offices, businesses, recreational facilities

    Brier Creek Apartments

    (855) 915-5865

    10641 Greenbrier Rd, Minnetonka, MN 55305
  • /51

    Starting at $1,400 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
  • /23

    Starting at $1,234 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
  • /26

    Starting at $1,644

    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
  • /25

    Starting at $1,255

    Total Monthly Price

    • Studio - 2 Beds

    19000 Stratford Rd, Minnetonka, MN 55345

    Welcome home! From your private patio or balcony at Hunters Ridge Apartments you will enjoy the beauty of the natural setting of Minnetonka?s hills, woods, and wetlands. Our property features underground parking, pool, and central laundry. Hunters Ridge has controlled entries, professional on-site management and maintenance. Fiber-optic internet service is available! Rent includes heat, water and

    Hunters Ridge

    (952) 314-9847

    19000 Stratford Rd, 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
  • /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

Why Live in Minnetonka

Lake Minnetonka shapes daily life in Minnetonka with 125 miles of shoreline perfect for boating, fishing, and waterfront recreation. The city maintains 49 parks and 81 miles of trails, including the scenic Dakota Rail Regional Trail and Purgatory Park's expansive wetlands. Cultural attractions range from the Minnetonka Center for the Arts to unique destinations like Big Stone Mini Golf and Sculpture Garden. The dining scene features upscale options like BLVD Kitchen & Bar, known for signature flatbreads in an urban loft setting, and Bacio, a family-owned Italian restaurant with stone arches and local artwork.

The Minnetonka housing market includes properties ranging from $167,000 to $2.2 million, with a median sale price of $497,000. Single-family homes in prestigious Sherwood Forest command a median price of $808,000, while more moderate options exist in Glen Lake with a median price of $482,000. Townhomes throughout the city have a median price of $355,000.

Property taxes in Minnetonka reflect Hennepin County's 1.15% effective rate, matching neighboring communities like Eden Prairie and Plymouth. Minnesota's state income tax rate is 6.80% for a yearly salary of $45,533, with a combined sales tax rate of 8.12%.

The Minnetonka Public School District includes highly rated institutions like Minnetonka Senior High School, which received an A+ rating from Niche. Private education options include The International School of Minnesota, also rated A+, serving the Forest Hills and Glen Lake areas. The city connects to Minneapolis via I-394 and Highway 7, with Metro Transit providing bus service throughout. Residents experience four distinct seasons, with warm summers reaching the 80s°F and snowy winters accumulating 54 inches annually.

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 $2,900 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 $116,000 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 $2,900 per month in Minnetonka, MN, renters typically need to show $8,700 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 15.8, 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 Triangle, Wolfe Park, Cedar-Isles-Dean and West Bloomington, each with its own character and price range.

Rental Home Trends in Minnetonka, MN

Rental Home Trends

Number of Homes for Rent
9
Median Rent
$2,900
Median Single Family Home Rent
$3,023
Median Townhouse Rent
$2,548
How to Rent a Home