Best 3 Bedroom Apartments in Minnetonka, MN: from $1,095

Look for 3 bedroom apartments near me

Are you looking to upgrade to a larger apartment? Are there certain requirements that you and your family need to be able to find the perfect apartment? Browse 3 bedroom apartments near you on RentCafe to find the one that fits your family. Filter by size, price, and amenities both inside and outside the apartment, and check reviews by verified residents, to make sure you are choosing the apartment that is perfect for you and your family.

Browse for 3 bedroom apartments near you, whether you want to stay in the same neighborhood or ZIP code, or in any city in the U.S. that you plan on moving to. We can help you find the one that is near all the essential places, such as stores, parks, schools and even your job, at the price that suits your budget. Your next home is waiting, let's find it!

Frequently Asked Questions

How many 3 bedroom apartments for rent are available in Minnetonka, MN on RentCafe?

There are 1 3 bedroom rentals available on RentCafe. Prices and availability in Minnetonka, MN were last updated on 4 Jul 2022.

What is the average size of a 3 bedroom apartment in Minnetonka, MN?

The average Minnetonka, MN 3 bedroom apartment size is 1,355 sq. ft.

What are the advantages of renting a 3 bedroom apartment in Minnetonka, MN?

Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.

What are the downsides of renting a 3 bedroom apartment in Minnetonka, MN?

A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs. You might be interested in studio apartments, 1 bedroom apartments or 2 bedroom apartments, or browse all RentCafe apartments for rent in Minnetonka, MN.

Minnetonka, MN Demographics

Total Population53,760
Female 26,481

Male 27,279
Median Age43.3

A total population of 53,760 lives in Minnetonka, MN, according to data published by the U.S. Census Bureau. Population statistics show that 27,279 of Minnetonka’s residents are women and 26,481 are men. The median age of the population in Minnetonka, MN is 43.3.

Average Rent in Minnetonka, MN

Minnetonka, MN Average Rental Price, June 2022 $1,537 ^/mo

Apartments for rent in Minnetonka, MN have an average price of $1,537 per month.

Minnetonka, MN Apartment Rent Ranges

About 33% of apartments in Minnetonka, MN have rents ranging between $1,501-$2,000. The second most common rent range is over > $2,000, 11% of apartments. Around 50% of Minnetonka’s apartments are in the $1,001-$1,500 price range. 6% of apartments are priced between $701-$1,000.

Minnetonka, MN Rent Trends

Average Rent	Mar / 2019	Jul / 2019	Nov / 2019	Mar / 2020	Jul / 2020	Nov / 2020	Mar / 2021	Jul / 2021	Nov / 2021	Jun / 2022
Minnetonka, MN	$1,406	$1,432	$1,427	$1,456	$1,485	$1,455	$1,457	$1,508	$1,545	$1,537
National	$1,367	$1,399	$1,407	$1,409	$1,399	$1,403	$1,412	$1,495	$1,591	$1,628

Compared to the average rent in the U.S. of $1,628, the rent in Minnetonka, MN is $1,537 per month.

Check out the average rent prices in Minnetonka by neighborhood.

Minnetonka, MN Households

Total Number of Households23,293
Family 14,299

Non-family 8,994
Children 6,008

No Children 17,285

Average People Per Household2.29
Median Household Income$100,363
Median Housing Costs Per Month$1,563

According to the U.S. Census, there are 23,293 households in Minnetonka, MN. The Census estimates also show that 14,299 are family households and 8,994 are non-family households. Moreover, Minnetonka has 6,008 households with children in Minnetonka and 17,285 households without children. On average, about 2.29 people constitute a household in Minnetonka, MN. The median income of a Minnetonka household living in Minnetonka is $100,363 per year. The housing costs per month are estimated around $1,563.

Minnetonka, MN Education Statistics

According to U.S. Census Bureau estimates, the share of residents in Minnetonka, MN that have no high school education is 1%, and the share of those who went to high school is 14%. 21% of residents have some college education, 7% have an Associate Degree, while 36% have a Bachelor Degree, and a share of 21% have a Graduate Degree.

Renting a 3 bedroom apartment in Minnetonka, MN

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,156 Sq.Ft.. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Minnetonka, MN, rents on 3 bedroom apartments go up to $10,345. 25 rental properties offer 3 bedroom units in Minnetonka, MN to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Minnetonka, MN

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $1,095 in Minnetonka, MN, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Glen Lake or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!

3 Bedroom Apartments for Rent in Minnetonka, MN 27 Rentals Available

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