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Apartments for Rent in Minnetonka, MN under $1200 – 16 Rentals available

  • Apartment
    18900 Stratford Road, Minnetonka, MN 55345
    $1,005 - $2,083
    • Studio-1 Bed
    • 1 Bath
    Available Today! Last updated 11 Dec 2019
    (844) 248-8484
  • Apartment
    10745 Smetana Road, Minnetonka, MN 55343
    $1,080 - $1,420
    • Studio
    • 1 Bath
    Available Today! Last updated 11 Dec 2019
    (952) 529-4722
  • Apartment
    11050 Cedar Hills Blvd, Minnetonka, MN 55305
    $1,000
    • Studio
    Available Today! Last updated 28 Oct 2019
    (855) 736-8223
  • Apartment
    11333 Fairfield Road, Minnetonka, MN 55305
    $498
    • 1 Bed
    • 1 Bath
    Last updated 10 Dec 2019
    (952) 542-9338
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Minnetonka, MN Demographics

  • Total Population52,102
  • Female 24,978
    Male 27,124
  • Median Age44.8

Average Rent in Minnetonka, MN

  • Minnetonka, MN Average Rental Price, November 2019 $1,427 /mo

Minnetonka, MN Apartment Rent Ranges

  • $701-$1,0008%
  • $1,001-$1,50058%
  • $1,501-$2,00028%
  • > $2,0006%

Minnetonka, MN Rent Trends

Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019
Minnetonka, MN $1,201 $1,229 $1,261 $1,262 $1,268 $1,273 $1,354 $1,406 $1,432 $1,427
National $1,353 $1,349 $1,381 $1,383 $1,386 $1,421 $1,430 $1,434 $1,470 $1,476
/

Minnetonka, MN Households

  • Total Number of Households23,044
  • Family 13,770
    Non-family 9,274
  • Children 5,879
    No Children 17,165
  • Average People Per Household2.24
  • Median Household Income$86,672
  • Median Housing Costs Per Month$1,391

Minnetonka, MN Education Statistics

  • No High School1%
  • Some High School15%
  • Some College23%
  • Associate Degree8%
  • Bachelor Degree33%
  • Graduate Degree19%

Apartments in Minnetonka, MN under $1,200

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $1,200?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 18 apartments for rent in Minnetonka, MN on which you’ll spend less than $1,200. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $1,200

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $1,200. The average rental size in Minnetonka, MN is 757 Sqft, but the $1,200 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.

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