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Minnetonka, MN Townhomes for Rent

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    Starting at $2,295

    Total Monthly Price

    • 2 - 3 Beds

    16863 Saddlewood Trail, Minnetonka, MN 55345

    Discover comfortable, pet-friendly living at Saddlewood Park, offering spacious two- and three-bedroom rental townhomes located within the highly regarded Minnetonka Independent School District 276 and just minutes from Lake Minnetonka. Ideally situated along the 40-mile Loop Trail Corridor, Saddlewood Park provides the perfect balance of recreational living and suburban

    Saddlewood

    (952) 230-1601

    16863 Saddlewood Trail, Minnetonka, MN 55345
  • /21

    $3,100

    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
  • /10

    $1,295

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 720 Sq Ft
    • Townhouse for Rent

    1023 Smetana Rd, Hopkins, MN 55343

    Welcome to 1023 Smetana Road - Unit 6 located in Hopkins! 1-bedroom, 1-bath condo with 720 sq ft of living space. The unit features an open living and dining area, a kitchen connected to the main living space, and a spacious bedroom with ample closet storage. The home will have updated LVP flooring and fresh paint throughout. Shared laundry room available in the building. Parking is

    1023 Smetana Rd, Hopkins, MN 55343
  • /8

    $1,325

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Townhouse for Rent

    806 Old Settlers Trail, Hopkins, MN 55343

    Meadow Creek 2 bedroom Condo with a garage spot included! Nice main floor unit with fireplace and sliding door out to the patio. Lots of closet space. Comes with additional reserved outside parking spot. Outdoor heated pool. Tenant pays electricity only. No smoking and no pets. Damage deposit equal to one month's rent. Tenant must make three times rent for income. No recent convictions

    806 Old Settlers Trail, Hopkins, MN 55343
  • /5

    $2,195

    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
  • /15

    $2,195

    Total Monthly Price

    • 2 Beds
    • 2.5 Baths
    • 1,350 Sq Ft
    • Spacious Minnetonka 2-BR Townhome

    4944 Bayswater Rd, Minnetonka, MN 55345

    Welcome to Bayswater Townhomes, located in the heart of Minnetonka near Highway 7 and just minutes from parks, trails, shopping, restaurants, and major commuter routes. This spacious townhome offers comfortable multi level living with hardwood style flooring, an open layout, large bedrooms, and a private attached garage. Enjoy the perfect mix of suburban comfort and convenience with easy access

    4944 Bayswater Rd, Minnetonka, MN 55345

Frequently Asked Questions

How much does it cost to rent a townhouse in Minnetonka, MN?
The median rent for a townhouse in Minnetonka, MN is $2,648 per month, though prices vary by neighborhood, size, and property type. As of May 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 $119,800 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 $2,995 per month in Minnetonka, MN, renters typically need to show $8,985 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 15.2, 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.

Rental Home Trends in Minnetonka, MN

Rental Home Trends

Number of Townhouses for Rent
6
Median Townhouse Rent
$2,648
Median 2 Bedroom Townhouse Rent
$2,195
Median 3 Bedroom Townhouse Rent
$3,100
How to Rent a Home