4+ Bedroom Apartment Rent in Minnetonka, MN
Median asking rent for a 4+ bedroom apartment in Minnetonka, Minnesota as of July 2026. That's +60% higher than the citywide median of $1,857 and +18% above the national 4+ bedroom median of $2,520.
Income needed for a 4+ 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 4+ 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 4+ bedroom in Minnesota
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Winona | $1,310 |
| 2 | Austin | $1,400 |
| 3 | Bemidji | $1,560 |
| 4 | Moorhead | $1,750 |
| 5 | Owatonna | $1,750 |
| 6 | Waite Park | $1,870 |
| 7 | Saint Cloud | $1,973 |
| 8 | Duluth | $2,078 |
| 9 | Mankato | $2,100 |
| 10 | Columbia Heights | $2,240 |
| 11 | Northfield | $2,240 |
| 12 | Saint Michael | $2,240 |
| 13 | South Saint Paul | $2,240 |
| 14 | Elk River | $2,270 |
| 15 | New Brighton | $2,270 |
Most expensive cities for a 4+ bedroom in Minnesota
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Woodbury | $3,400 |
| 2 | Maple Grove | $3,290 |
| 3 | Eden Prairie | $3,240 |
| 4 | Lakeville | $3,190 |
| 5 | Cottage Grove | $3,180 |
| 6 | Edina | $3,133 |
| 7 | Blaine | $3,110 |
| 8 | Brooklyn Park | $3,080 |
| 9 | Plymouth | $3,078 |
| 10 | Savage | $3,030 |
| 11 | Rosemount | $3,030 |
| 12 | Minnetonka (this page) | $2,980 |
| 13 | Saint Louis Park | $2,850 |
| 14 | Apple Valley | $2,850 |
| 15 | Vadnais Heights | $2,830 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 4+ bedroom rents than Minnetonka.
| City | Distance | 4+ Bedroom rent | vs Minnetonka |
|---|---|---|---|
| Hopkins, MN | 3.1 mi | $2,580 | $-400 (-13%) |
| Plymouth, MN | 6.1 mi | $3,078 | +$98 (+3%) |
| Eden Prairie, MN | 6.3 mi | $3,240 | +$260 (+9%) |
| Saint Louis Park, MN | 7.1 mi | $2,850 | $-130 (-4%) |
| Crystal, MN | 7.2 mi | $2,550 | $-430 (-14%) |
| Edina, MN | 7.8 mi | $3,133 | +$153 (+5%) |
| Golden Valley, MN | 9.4 mi | $2,610 | $-370 (-12%) |
| New Hope, MN | 10.2 mi | $2,270 | $-710 (-24%) |
| Bloomington, MN | 12 mi | $2,823 | $-157 (-5%) |
| Spring Park, MN | 12.3 mi | $2,310 | $-670 (-22%) |
| Maple Grove, MN | 12.5 mi | $3,290 | +$310 (+10%) |
| Richfield, MN | 12.7 mi | $2,390 | $-590 (-20%) |
4+ Bedroom rent in Minnetonka — common questions
How much is a 4+ bedroom apartment in Minnetonka?
As of July 2026, the median 4+ bedroom apartment rent in Minnetonka, Minnesota is $2,980 per month. This is +60% higher than the citywide median of $1,857.
What income do you need to afford a 4+ bedroom in Minnetonka?
Using the standard 30% rent-to-income rule, you would need an annual income of about $119,200 ($9,933/month gross), which works out to roughly $57.31/hour at a full-time job.
Is Minnetonka expensive for a 4+ bedroom compared to the rest of the US?
Minnetonka's 4+ bedroom median of $2,980 is +18% above the national 4+ bedroom median of $2,520. It ranks in the 67th percentile of US cities tracked.
How does Minnetonka rank for 4+ bedroom rent in Minnesota?
Among the 60 cities in Minnesota with 4+ bedroom data, Minnetonka ranks #49 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near Minnetonka?
Yes — nearby cities with cheaper 4+ bedroom rents include Hopkins ($2,580), Saint Louis Park ($2,850), Crystal ($2,550).