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Apartments for Rent in Tonka Bay, MN

66 Rentals Available
  • a living room with a couch and a staircase
    Today

    5603 Manitou Rd, Tonka Bay, MN 55331
    1 BED $1,588
    2 BEDS $2,745
    3 BEDS $3,690

  • More Rentals Near Tonka Bay, MN

  • a living room with a couch and chairs and a tv
    7 days ago

    520 Virginia Ave Suite 100, Long Lake, MN 55356
    1 BED Ask for Pricing
    2 BEDS $2,495+
  • a living room and dining room with a table and chairs
    6
    7 days ago

    1699 Stieger Lake Lane, Victoria, MN 55386
    STUDIO Ask for Pricing
    1 BED $1,695
    2 BEDS $2,395
  • a living room with furniture and a table and chairs
    Today

    255 Mill St., Excelsior, MN 55331
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a living room with chairs and a door to a balcony
    1 day ago

    2461 Commerce Blvd., Mound, MN 55364
    Income Restricted
    1 BED Ask for Pricing
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  • A modern kitchen with a white stove top oven and a black backsplash.
    Today

    1 West Drive, Excelsior, MN 55331
    2 BEDS $6,995
  • a dining room and living room with a table and chairs
    5
    Today

    4201 Sunset Drive, Spring Park, MN 55384
    1 BED $2,402+
    2 BEDS $3,163+
  • a living room with two leather couches and a table
    27
    Today

    2400 Interlachen Road, Spring Park, MN 55384
    STUDIO $1,000
    1 BED $1,250+
    2 BEDS $1,600+
  • A living room with a couch, chair, and a table with a plant on it.
    Today

    4451 Wilshire Blvd, Mound, MN 55364
    1 BED $1,995
    2 BEDS $2,379+
  • A kitchen with wooden cabinets and a granite countertop.
    Today

    1940 Concordia Street, Wayzata, MN 55391
    3 BEDS $2,850
  • the living room of an apartment with couches and a tv
    84
    Today

    18900 Stratford Road, Minnetonka, MN 55345
    STUDIO Ask for Pricing
    1 BED $1,297+
    2 BEDS $1,289+
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  • a kitchen with a sink and white cabinets
    63
    Today

    18393 Covington Rd, Minnetonka, MN 55345
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • a sign for the centennial hill apartments is shown in front of trees
    30
    Today

    820 Santa Vera Dr, Chanhassen, MN 55317
    1 BED $1,164
    2 BEDS Ask for Pricing
  • A living room with a blue couch, a grey coffee table, a beige armchair, and a painting on the wall.
    16
    Today

    621 Santa Vera Dr, Chanhassen, MN 55317
    1 BED $800
    2 BEDS $1,250
  • a bedroom with two large windows and a carpeted floor
    Today

    2020 Commerce Blvd, Mound, MN 55364
    Income Restricted
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
  • a living room with a couch and a coffee table
    9
    Today

    541 W 78Th St., Chanhassen, MN 55317
    STUDIO $1,549
    1 BED $1,755+
    2 BEDS $1,895+
  • A living room with a white couch and a black and white rug.
    8
    Today

    1351 Lake Drive, West Chanhassen, MN 55317
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
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  • a living room with two chairs and a desk and a window
    1 day ago

    253 Lake St E, Wayzata, MN 55391
  • A kitchen with a table and chairs in the foreground and a refrigerator, microwave, and oven in the background.
    Today

    10400 Robinwood Road, Victoria, MN 55318
    2 BEDS Ask for Pricing
    3 BEDS $3,147+
    4 BEDS $3,742
  • A living room with a brown couch, a coffee table, a chair, and a painting on the wall.
    Today

    7980 Rose Street, Victoria, MN 55386
    1 BED $1,520+
    2 BEDS $1,950+
    3 BEDS $3,150+
  • a living room with couches and chairs and a fireplace
    Today

    1519 82Nd Street, Victoria, MN 55386
    1 BED Ask for Pricing
    2 BEDS $2,285+
  • A modern living room with a white sofa set and a wooden floor.
    Today

    1942 Stieger Lake Lane, Victoria, MN 55386
    STUDIO $1,595
    1 BED $1,695+
    2 BEDS $2,495
  • a living room with a couch and a table
    Today

    721 Lake Susan Dr, Chanhassen, MN 55317
    Income Restricted
    1 BED $1,278
    2 BEDS $1,529
    3 BEDS $1,763
  • A living room with red chairs and a wooden floor.
    Today

    150 Central Avenue South, Wayzata, MN 55391
    Income Restricted
    1 BED $1,321
    2 BEDS Ask for Pricing
  • a living room with a kitchen and a couch
    Today

    1130 Hazeltine Blvd, Chaska, MN 55318
    2 BEDS $2,280+
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Getting around in Tonka Bay, MN

11 /100
Car-Dependent
27 /100
Somewhat Bikeable
Walk Score®: 11, Bike Score®: 27

Frequently asked questions

When were prices and availability in Tonka Bay, MN last updated?

Prices and availability in Tonka Bay, MN were last updated on 21 Nov 2025.

What are the best apartments in Tonka Bay, MN?

The best apartment in Tonka Bay, MN is: Carrick Apartments and Townhomes.

What is the average rent in Tonka Bay, MN?

The average rent in Tonka Bay, MN is $1,507.

What is the price range for a 1-bedroom apartment in Tonka Bay, MN?

The price range for a 1-bedroom apartment in Tonka Bay, MN is between $1,760 and $2,087.

What is the price range for a 2-bedroom apartment in Tonka Bay, MN?

The price range for a 2-bedroom apartment in Tonka Bay, MN is between $1,760 and $2,087.

What is the price range for a 3-bedroom apartment in Tonka Bay, MN?

The price range for a 3-bedroom apartment in Tonka Bay, MN is between $1,760 and $2,087.

What type of rental buildings are in Tonka Bay, MN?

In Tonka Bay 13% of the housing is rented out compared to 87% of homes are owned, according to the most recent Census Bureau estimates. 4% of Tonka Bay’s apartments are found in large buildings of 50 units or more, 59% are located in smaller apartment complexes with less than 50 units, and 37% are single-family rentals.

What do typical apartment communities look like in Tonka Bay, MN?

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Tonka Bay are about 30 years old, on average. Of these, 44% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

What apartment floorplans are common in Tonka Bay, MN?

Studio apartments in Tonka Bay are around 0.6% of rentals, while 1-bedroom floor plans represent 57% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 40% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

Living in Tonka Bay, MN

Tonka Bay, Minnesota, is situated on the shores of Lake Minnetonka, approximately 20 miles west of Minneapolis. This proximity to a major city offers residents easy access to urban amenities while enjoying the tranquility of a lakeside town. The region is particularly appealing for those working in Minneapolis but seeking a serene home environment.

Key industries in Tonka Bay and the surrounding areas include healthcare, technology, and retail, driven by its nearness to larger cities. The town itself, though smaller, benefits from the economic activities of nearby larger cities.

Recreational activities are plentiful with Lake Minnetonka providing ample opportunities for boating, fishing, and water sports. The city maintains several parks and walking trails, which enhance its scenic lakeside appeal.

Tonka Bay has a modest arts scene with local galleries and nearby theaters in larger cities. It boasts rich historical features, including preserved architecture and historical sites around the lake. The neighborhoods reflect a mix of traditional and modern influences, appealing to a diverse group of residents.

Dining in Tonka Bay includes a variety of local eateries specializing in American cuisine with a focus on fresh, locally-sourced ingredients. Proximity to larger cities allows residents to explore a wider range of dining options, including international cuisines.

Educational opportunities in Tonka Bay are supported by the Minnetonka Public School District, known for its strong educational programs and facilities.

Renting in Tonka Bay, MN

Tonka Bay offers a variety of rental options from lakeside apartments to single-family homes. Architectural styles range from modern constructions to classic cottages reflecting the town's historical roots.

Popular neighborhoods for renters include areas along West Point Road and Tonka Bay Road, where residents can enjoy direct access to lake views and local parks. These areas are particularly popular among young professionals and small families looking for a balance between work and leisure.

Typical rental properties include spacious family homes and compact apartments, each catering to different lifestyles. Proximity to local amenities like schools, parks, and small shopping centers make these areas attractive for long-term renting.

Things for renting

Shopping in Tonka Bay, MN

While Tonka Bay itself has limited shopping options, the nearby city of Excelsior serves as a shopping hub for residents. Excelsior offers a range of shops from local boutiques to national retailers, housed in charming historic buildings.

Unique shopping districts in Excelsior are known for their arts and crafts stores, antique shops, and local artisan products. Common grocery stores include larger chains as well as local markets that highlight organic and locally-produced food.

Transportation in Tonka Bay, MN

Public transportation options in Tonka Bay are relatively limited given its small size and residential nature. However, nearby cities provide bus services, and there are several ride-sharing options available for residents.

Major roads like County Road 19 connect Tonka Bay to neighboring communities and attractions, making personal vehicles a common choice for transportation. For regional and international travel, the Minneapolis-Saint Paul International Airport is located less than an hour away by car, providing comprehensive travel options for residents and visitors alike.

In summary, Tonka Bay offers a peaceful, lakeside living environment with the convenience of access to larger urban centers. Its mix of recreational activities, historical sites, and community amenities makes it an attractive place for renters looking for a blend of tranquility and accessibility.

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RentCafe is your one-stop shop for finding a great new apartment in Tonka Bay, MN. Easily search through a wide selection of apartments for rent in Tonka Bay, MN, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Tonka Bay, MN apartments with rents starting from $800 and submit your rental application today!

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