1-Bedroom Apartment Rent in Minnetonka, MN
Median asking rent for a 1-bedroom apartment in Minnetonka, Minnesota as of July 2026. That's +12% lower than the citywide median of $1,857 and +18% above the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Minnetonka
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Minnetonka
Compare Minnetonka's median rent across every apartment size.
Cheapest cities for a 1-bedroom in Minnesota
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Winona | $780 |
| 2 | Austin | $800 |
| 3 | Owatonna | $800 |
| 4 | Bemidji | $830 |
| 5 | Moorhead | $860 |
| 6 | Waite Park | $920 |
| 7 | Duluth | $972 |
| 8 | Anoka | $975 |
| 9 | Saint Cloud | $1,003 |
| 10 | Mankato | $1,030 |
| 11 | Rochester | $1,120 |
| 12 | Little Canada | $1,173 |
| 13 | Northfield | $1,200 |
| 14 | South Saint Paul | $1,200 |
| 15 | Saint Michael | $1,220 |
Most expensive cities for a 1-bedroom in Minnesota
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Woodbury | $1,870 |
| 2 | Maple Grove | $1,805 |
| 3 | Eden Prairie | $1,775 |
| 4 | Lakeville | $1,750 |
| 5 | Cottage Grove | $1,750 |
| 6 | Edina | $1,723 |
| 7 | Blaine | $1,710 |
| 8 | Plymouth | $1,690 |
| 9 | Brooklyn Park | $1,690 |
| 10 | Savage | $1,660 |
| 11 | Rosemount | $1,660 |
| 12 | Minnetonka (this page) | $1,640 |
| 13 | Apple Valley | $1,570 |
| 14 | Saint Louis Park | $1,565 |
| 15 | Vadnais Heights | $1,560 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 1-bedroom rents than Minnetonka.
| City | Distance | 1-Bedroom rent | vs Minnetonka |
|---|---|---|---|
| Hopkins, MN | 3.1 mi | $1,420 | $-220 (-13%) |
| Wayzata, MN | 4.5 mi | $1,400 | $-240 (-15%) |
| Plymouth, MN | 6.1 mi | $1,690 | +$50 (+3%) |
| Eden Prairie, MN | 6.3 mi | $1,775 | +$135 (+8%) |
| Saint Louis Park, MN | 7.1 mi | $1,565 | $-75 (-5%) |
| Crystal, MN | 7.2 mi | $1,400 | $-240 (-15%) |
| Edina, MN | 7.8 mi | $1,723 | +$83 (+5%) |
| Golden Valley, MN | 9.4 mi | $1,430 | $-210 (-13%) |
| New Hope, MN | 10.2 mi | $1,250 | $-390 (-24%) |
| Robbinsdale, MN | 10.4 mi | $1,501 | $-139 (-8%) |
| Bloomington, MN | 12 mi | $1,550 | $-90 (-5%) |
| Spring Park, MN | 12.3 mi | $1,270 | $-370 (-23%) |
1-Bedroom rent in Minnetonka — common questions
How much is a 1-bedroom apartment in Minnetonka?
As of July 2026, the median 1-bedroom apartment rent in Minnetonka, Minnesota is $1,640 per month. This is +12% below the citywide median of $1,857.
What income do you need to afford a 1-bedroom in Minnetonka?
Using the standard 30% rent-to-income rule, you would need an annual income of about $65,600 ($5,467/month gross), which works out to roughly $31.54/hour at a full-time job.
Is Minnetonka expensive for a 1-bedroom compared to the rest of the US?
Minnetonka's 1-bedroom median of $1,640 is +18% above the national 1-bedroom median of $1,395. It ranks in the 66th percentile of US cities tracked.
How does Minnetonka rank for 1-bedroom rent in Minnesota?
Among the 64 cities in Minnesota with 1-bedroom data, Minnetonka ranks #53 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Minnetonka?
Yes — nearby cities with cheaper 1-bedroom rents include Hopkins ($1,420), Wayzata ($1,400), Saint Louis Park ($1,565).