Minnetonka, MN Rent History

90 months of data, 20192026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,857
1-year change
+3.8%
$68/mo
5-year change
+19.3%
$300/mo

Monthly rent trend

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Year-by-year rent in Minnetonka

YearMedian rentYoY changevs 2019
2019$1,435/mo0.0%
2020$1,503/mo+4.7%+4.7%
2021$1,544/mo+2.7%+7.6%
2022$1,622/mo+5.1%+13.0%
2023$1,716/mo+5.8%+19.6%
2024$1,719/mo+0.2%+19.8%
2025$1,786/mo+3.9%+24.5%
2026$1,854/mo+3.8%+29.2%

Frequently asked questions

How much has rent in Minnetonka changed since 2019?

Median rent in Minnetonka, MN was $1,397 in 2019-01 and is $1,857 as of 2026-06 — a change of $460 per month over 7 years.

How much has Minnetonka rent increased in the last 5 years?

Over the past 5 years, median rent in Minnetonka, MN has changed +19.3% ($300 per month). The current median is $1,857.

Is rent in Minnetonka going up or down year over year?

Year over year, median rent in Minnetonka, MN has increased +3.8% ($68/mo). Current median: $1,857.

See full rent data for Minnetonka, MN
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.