Minnetonka, MN rental market

What is the average rent in Minnetonka, MN?

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Last updated August 9, 2026

Rental market summary

The average rent for all bedrooms and all property types in Minnetonka, MN is $2,059.

Average rent

$2,059

Month-over-month change

-$41

Year-over-year change

-$210

Available rentals

66

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,032 to $8,000.

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Rent frequencies
Rent priceNumber of rental properties
$1,2002
$1,3003
$1,4001
$1,5004
$1,6004
$1,7008
$1,8007
$1,9005
$2,0003
$2,1002
$2,2002
$2,3003
$2,4004
$2,5002
$2,6001
$2,7002
$2,8001
$2,9002
$3,0001
$3,1001
$3,2003
$3,3002
$3,4001
$3,5004
$3,6002
$3,7001
$4,0001
$4,1001
$4,4001
$4,5001
$4,7001
$5,000+2

Average rent price over time

In the last year, rent has decreased by $210 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,925$2,295
Feb$1,765$2,050
Mar$1,928$2,050
Apr$1,883$2,000
May$1,872$2,040
Jun$1,920$1,993
Jul$2,237$2,024
Aug$2,100$2,060
Sep$2,200No data
Oct$2,304No data
Nov$2,360No data
Dec$2,212No data

Market temperature

The Minnetonka, MN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Minnetonka, MN is 3% higher than the national average.

Minnetonka, MNvs.

$2,059

$2,004

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Frequently asked questions

1. What is the average rent in Minnetonka, MN?

The average rent in Minnetonka, MN is $2,059.

2. What is the average rent for a studio apartment in Minnetonka, MN?

The average rent for a studio apartment in Minnetonka, MN is $1,412 per month.

3. What is the average rent for a one-bedroom apartment in Minnetonka, MN?

The average rent for a one-bedroom apartment in Minnetonka, MN is $1,685 per month.

4. What is the average rent for a two-bedroom apartment in Minnetonka, MN?

The average rent for a two-bedroom apartment in Minnetonka, MN is $2,022 per month.

5. What is the average rent for a three-bedroom apartment in Minnetonka, MN?

The average rent for a three-bedroom apartment in Minnetonka, MN is $2,995 per month.

6. What is the average rent for a four-bedroom apartment in Minnetonka, MN?

The average rent for a four-bedroom apartment in Minnetonka, MN is $3,900 per month.

7. How much does it cost to rent a house in Minnetonka, MN?

Houses in Minnetonka, MN rent between $1,032 - $8,000 with an average rent of $2,059.

8. How has the rent in Minnetonka, MN changed in the last year?

In the last year, the rent in Minnetonka, MN decreased by $210

9. How much has the rent in Minnetonka, MN increased/decreased in the last month?

In the last month, the rent in Minnetonka, MN decreased by $41

10. How many available rentals are there in Minnetonka, MN?

There are currently 66 rentals available in Minnetonka, MN.

11. How do rent prices in Minnetonka, MN compare with the national average?

The average rent in Minnetonka, MN is $2,059 — 2.74% higher the national average of $2,004.

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