Minnetonka, MN rental market

What is the average rent in Minnetonka, MN?

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Last updated September 24, 2026

Rental market summary

The average rent for all bedrooms and all property types in Minnetonka, MN is $2,100.

Average rent

$2,100

Month-over-month change

-$15

Year-over-year change

-$268

Available rentals

70

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,074 to $5,500.

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Rent frequencies
Rent priceNumber of rental properties
$1,0001
$1,1002
$1,2002
$1,3002
$1,4005
$1,5002
$1,6004
$1,7003
$1,8006
$1,9004
$2,00010
$2,1005
$2,2002
$2,3004
$2,4004
$2,5002
$2,6003
$2,7001
$2,8003
$2,9003
$3,0002
$3,1002
$3,3001
$3,4002
$3,5003
$3,6002
$3,7002
$4,4002
$4,5002
$5,000+1

Average rent price over time

In the last year, rent has decreased by $268 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$2,200$2,266
Oct$2,304No data
Nov$2,360No data
Dec$2,212No data

Market temperature

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

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Minnetonka, MN is 5% higher than the national average.

Minnetonka, MNvs.

$2,100

$2,000

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Frequently asked questions

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

The average rent in Minnetonka, MN is $2,100.

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

The average rent for a studio apartment in Minnetonka, MN is $1,424 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 $1,644 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 $2,050 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 $2,950 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 $3,375 per month.

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

Houses in Minnetonka, MN rent between $1,074 - $5,500 with an average rent of $2,100.

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

In the last year, the rent in Minnetonka, MN decreased by $268

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 $15

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

There are currently 70 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 $2,100 — 5% higher the national average of $2,000.

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