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Cheap Apartments for Rent in Minnetonka, MN - 4 Rentals available

Apartments Under $1,200

  • Apartment
    10745 Smetana Rd, Minnetonka, MN 55343
    $1,045 - $1,690
    • Studio-2 Beds
    • 1-2 Baths
    Richdale Apartments
    Available Today! Last updated 9 Apr 2020
    (952) 529-4722

Apartments Under $1,400

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Minnetonka, MN Demographics

  • Total Population52,546
  • Female 25,233
    Male 27,313
  • Median Age44.7

Average Rent in Minnetonka, MN

  • Minnetonka, MN Average Rental Price, March 2020 $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 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Mar / 2020
Minnetonka, MN $1,229 $1,261 $1,262 $1,268 $1,273 $1,354 $1,406 $1,432 $1,427
National $1,337 $1,369 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458
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Minnetonka, MN Households

  • Total Number of Households23,112
  • Family 13,985
    Non-family 9,127
  • Children 5,791
    No Children 17,321
  • Average People Per Household2.26
  • Median Household Income$91,374
  • Median Housing Costs Per Month$1,452

Minnetonka, MN Education Statistics

  • Some High School15%
  • Some College22%
  • Associate Degree8%
  • Bachelor Degree33%
  • Graduate Degree20%

Looking for a cheap apartment for rent in Minnetonka, MN? With RENTCafé, finding an affordable apartment in Minnetonka, MN has never been easier. We feature 4 low-priced rentals directly from property managers, with rents lower than the Minnetonka, MN average. What is a cheap rent in Minnetonka, MN? The average apartment rent in Minnetonka is $1,427 per month so any rental south of $1,142 would be considered cheap here. On RENTCafé, Minnetonka, MN rents go as low as $1,040/mo.

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