Shorewood, MN Homes for Rent

/39
Starting at $1,898

Total Monthly Price
- 1 - 3 Beds
5603 Manitou Rd, Tonka Bay, MN 55331

A wide range of one, two, and three-bedroom apartments and two-story direct entry townhomes are designed for ease. Light streams through the oversized windows and every home opens onto a private outdoor balcony or terrace. Each spacious floor plan is adorned with highly crafted soft-close cabinetry and quartz countertops throughout the kitchen and bathrooms. In-home washer and dryer, stainless

Carrick North Building

5603 Manitou Rd, Tonka Bay, MN 55331
Explore Shorewood
/35
Starting at $1,125 Plus Fees
- 1 - 2 Beds
834 3rd Ave, Excelsior, MN 55331

Christmas Lake Manor – Laketown Living at Its Best!Located just 2 blocks from Highway 7 and minutes from beautiful Lake Minnetonka, Christmas Lake Manor offers spacious studio, one-, and two-bedroom apartment homes in a quiet, well-cared-for community.Enjoy large rooms and generous closets, spacious patios and balconies, additional included storage lockers, laundry facilities on

Christmas Lake Manor Apartments

834 3rd Ave, Excelsior, MN 55331
/25
Starting at $1,055 Plus Fees
- 1 Bed
840-846 3rd Ave, Excelsior, MN 55331

Bay Pointe Apartments- Contact Barb at BayPointeApts@MMI- or . We look forward to helping you find your new home! - Bay Pointe Apartments has the comfort of an apartment home and the advantages of a lovely, suburban lakes community. Enjoy a barbeque in the courtyard or take time to relax on your private balcony.We are conveniently located within walking distance to Lake Minnetonka and

Bay Pointe Apartments

840-846 3rd Ave, Excelsior, MN 55331
/26
Starting at $1,095

Total Monthly Price
- Studio - 2 Beds
19000 Stratford Rd, Minnetonka, MN 55345

LIMITED TIME OFFER: Receive $500 off your first month's rent when you sign a 12-month lease. Must apply before 9.30.26. Heat, water, and trash included in rent. Offer subject to change or termination at any time. 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

Hunters Ridge

19000 Stratford Rd, Minnetonka, MN 55345
/94
$7,000 Per Month
- 5 Beds
- 3 Baths
- 3,090 Sq Ft
- House for Rent
26170 Birch Bluff Rd, Excelsior, MN 55331

Executive furnished rental on Lake Minnetonka Available through 6/30/2027. Open floor plan with expansive stunning views of Lake Minnetonka. 3 bedrooms plus loft upstairs. Modern Kitchen and Bathrooms with elegant common spaces for entertaining. A beautiful deck and yard as well as a private dock. A must-see home!

Ryan Hannay Creative Housing Real Estate

26170 Birch Bluff Rd, Excelsior, MN 55331
/31
$3,995

Total Monthly Price
- 4 Beds
- 4 Baths
- 3,700 Sq Ft
- House for Rent
6080 Tee Trail, Minnetrista, MN 55331

Spacious 4 bedroom home with a large enclosed porch, finished basement, and 4 bathrooms. Close to lake Minnetonka AND Minnewashta, downtown Excelsior, restaurants, grocery stores, trails, and easy access to Highway 7. This home is conveniently located, but still offers a quiet neighborhood feel. Pet friendly with a large 3 car garage! Schedule your tour today! *Gas stove shown in

6080 Tee Trail, Minnetrista, MN 55331
/18
$3,250

Total Monthly Price
- 5 Beds
- 2 Baths
- 2,200 Sq Ft
- House for Rent
25715 Wildrose Ln, Shorewood, MN 55331

Welcome to this spacious and well-maintained 5-bedroom, 2-bathroom home located in the highly desirable Shorewood area. Offering a perfect blend of comfort, space, and outdoor living, this home is ideal for those looking for room to spread out while enjoying a peaceful neighborhood setting. Step inside to find a bright and functional layout with generous living spaces, well-sized bedrooms,

25715 Wildrose Ln, Shorewood, MN 55331

Minnesota Hennepin County

Why Live in Shorewood

Shorewood, MN, is a waterfront city situated along the shore of Lake Minnetonka, offering a lakefront lifestyle and proximity to the Twin Cities. With a population of nearly 7,200, Shorewood features multiple lakes, including Christmas Lake and Silver Lake, known for their water clarity and wetlands. The city is primarily residential, contributing to its low crime rate, which is safer than the national average. Shorewood's real estate market is competitive, with home styles ranging from traditional ranch styles and Cape Cods to modern contemporaries with lakefront views. Residents enjoy easy access to U.S. Interstate 494, making day trips to the Twin Cities within 20 miles. Local attractions include Howard's Point Marina, Badger Park, Freeman Park, and Lake Minnewashta Regional Park, offering various outdoor activities such as fishing, boating, tennis, and hiking. The annual Arctic Fever Festival in January features horse-drawn sleigh rides, bonfires, sled dog rides, and live music. Shopping options at Shorewood Village include Cub Foods, Dollar Tree, and Walgreens Pharmacy, while dining options range from Joey Nova's Pizzeria to North Coop Restaurant & Bar and Hazelwood Food and Drink. Shorewood is served by highly rated schools in the Minnetonka Public Schools district, including Minnewashta Elementary, Minnetonka West Middle, and Minnetonka Senior High School. The Minneapolis-St Paul International Airport is 23 miles away, and healthcare options include St. Francis Regional Medical Center, 13 miles from the community.

Learn more about living in Shorewood

Frequently Asked Questions

How much does it cost to rent a home in Shorewood, MN?

The median rent for a home in Shorewood, MN is $3,250 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option.

How much do you need to make to afford rent in Shorewood, MN?

To comfortably afford the median rent in Shorewood, MN, a household needs to earn roughly $130,000 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 $3,250 per month in Shorewood, MN, renters typically need to show $9,750 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 Shorewood, MN?

In Shorewood, 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.

Rental Trends in Shorewood, MN

There are currently 7 homes available for rent in Shorewood, MN. The median rent is $3,250 per month, with single-family homes renting at $3,250.

Rental Home Trends

Number of Homes for Rent 7	Median Rent $3,250
Median Single Family Home Rent $3,250

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