How many apartments are available in Groveland on Rentable.co?

Rentable.co has over 1 apartment available near Groveland.

How many apartments are available in Minnetonka, MN on Rentable.co?

Rentable.co has over 4,172 apartments available in Minnetonka.

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

The average rent for a <a href='/minnetonka-mn/studio-apartments-for-rent' >studio apartment</a> in Minnetonka is around $1,340 per month.

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

The average rent for a <a href='/minnetonka-mn/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Minnetonka is around $1,530 per month.

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

The average rent for a <a href='/minnetonka-mn/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Minnetonka is around $1,860 per month.

How expensive is it to rent an apartment in Minnetonka, MN?

For a two-bedroom apartment in Minnetonka, the average rent price is $1,860 per month, which is higher than the national average of $1,640 per month.

Can I afford an apartment for rent in Minnetonka, MN?

Based on average rent prices in Minnetonka, to afford a <a href='/minnetonka-mn/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $54,000 to live comfortably.

Apartments in Groveland Minnetonka

Minnetonka:
June Rent Report

Welcome to the June 2026 Minnetonka Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2026 key findings and figures for the Minnetonka rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Minnetonka and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Minnetonka average rent prices in the chart below.

Monthly Rent Report

$2,050

$1,540

$1,030

$510

Jul. 2025

Aug. 2025

Sep. 2025

Oct. 2025

Nov. 2025

Dec. 2025

Jan. 2026

Feb. 2026

Mar. 2026

Apr. 2026

May. 2026

Jun. 2026

1 BR 2 BR

Minnetonka Rent Prices Decrease From May to June

Minnetonka rent prices decreased over the last month. From May to June, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Minnetonka one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from May to June, Minnetonka experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Minnetonka two-bedroom apartments currently stands at $.

June Prices: Minnetonka vs. Surrounding Areas

Rent Prices in Minnetonka and Surrounding Areas

Rent prices have decreased in Minnetonka over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Minnetonka suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Minnetonka suburbs
Rents did not decrease in any of the Minnetonka suburbs.

June 2026 Pricing Trends: Minnetonka vs. National Comparisons

Minnetonka Rent Prices More Affordable Than Major Cities

Rent growth in Minnetonka over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Minnetonka average rent prices appear to be relatively affordable for local residents.

The price for a Minnetonka one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Minnetonka and surrounding area rent prices, take a look at the complete data set below.

Data set for Minnetonka and suburbs

	1 BR June	1 BR M/M % Change	2 BR June	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.