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Updated 6 hours ago

Waterstone Place

VERIFIED

9700 Waterstone Place Minnetonka, MN

5.0 5 reviews
Studio - 2 Bed
•
1 - 2 Bath

582 - 1,345 Sq. Ft.

Available Now
Deal

Move in to Waterstone Place and receive Two Months Free OR Reduced Rent!  Contact us for details!
Floor plans
Studio • 1 Bath
$1,477
582 ft2
1 Available
Unit 2426
$1,477
Available May 15th, 2026
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View Rented Units
1 Bed • 1 Bath
$1,967
906 ft2
1 Available
Unit 1308
$1,967
Available Jun 16th, 2026
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View Rented Units
1 Bed • 1 Bath
$1,769
754 ft2
1 Available
Unit 2304
$1,769
Available Jul 10th, 2026
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2 Beds • 2 Bath
$1,999
1140 ft2
1 Available
Unit 2224
$1,999
Available Now
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View Rented Units
2 Beds • 2 Bath
$1,995 - $2,175
1103 ft2
5 Available
Unit 1204
$2,050+
Available Now
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Unit 1104
$2,050+
Available Now
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Unit 1304
$2,050+
Available Jun 16th, 2026
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Unit 2123
$1,995+
Available Jun 20th, 2026
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Unit 2223
$1,995+
Available Jul 1st, 2026
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View Rented Units
2 Beds • 2 Bath
$2,030
1083 ft2
2 Available
Unit 2213
$2,030
Available Now
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Unit 2313
$2,030
Available Jul 17th, 2026
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View Rented Units
2 Beds • 2 Bath
$2,382
1345 ft2
1 Available
Unit 2211
$2,382
Available Jun 10th, 2026
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View Rented Units
2 Beds • 2 Bath
$2,071
1095 ft2
2 Available
Unit 1201
$2,071
Available Jun 16th, 2026
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Unit 2125
$2,071
Available Jul 10th, 2026
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Where you'll live
Street View
Map View
Satellite View
Waterstone Place
Waterstone Place
Waterstone Place
Location ratings
Walk Score®
4
Car-Dependent
Transit Score®
30
Some Transit
Bike Score®
54
Bikeable
Amenities
Air Conditioning
Fitness Center
Refrigerator
Business Center
Large Closets
Guest Room
Professional On-site Management
On-site Maintenance
Tiled Kitchen Backsplashes
Stainless Appliances
Online Community Portal
Online Payments
Clubhouse
Package Receiving
24-hour Maintenance
Gated Entry
Secured Entry
Elevator
High-speed Internet
Cable-ready
Freezer
Range / Oven
Fees & leasing info
Parking
Covered Parking
Lease & Fees
Lease Length: 12 months
Application Fee: $50.00
Other:

Admin fee: $150

Security Deposit: $500.00
Admin Fee: $150.00
Administration Fee:

$150.0 One time due at Movein

Utility Administration Fee:

$8.0 Monthly due at With rent

Utility Recovery Admin Fee:

$15.0 One time

Late Fee (8% Of Past Due Rent):

Percentage of rent One time

Nsf Tenant Fee:

$30.0 One time

Master Insurance Policy - Noncompliance:

$30.0 Monthly due at With rent

Property details
Description

Non-Optional FeesApplication fee: $50/adultNon-refundable administrative fee: $150Utility administrative fee: $8/month

Additional Details
Space Fee: 50.00
Garage Space: $50.0 - $75.0 Monthly due at With rent
Total Unit Count: 165
Last Updated: Updated 6 hours ago
Contact Number: (833) 578-6713
Property manager information
Bader
Ask a question
Office Hours
Sunday: 12:00 PM - 4:00 PM
Monday: 10:00 AM - 6:00 PM
Tuesday: 10:00 AM - 6:00 PM
Wednesday: 10:00 AM - 6:00 PM
Thursday: 10:00 AM - 6:00 PM
Friday: 10:00 AM - 5:00 PM
Saturday: 10:00 AM - 4:00 PM
Contact Waterstone Place
Your Name

Email Address

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Request a Tour Date

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Reviews
Waterstone Place
5.0
5 reviews
Armoni
April 15, 2021
Would certainly recommend living here! very clean environment, the management team is great couldnt ask better !
Rebecca
August 20, 2020
This was my husband and my first apartment. We live in a 1 bedroom unit. We loved it! It is spacious, bright, and has...
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Barbara
March 18, 2019
I have lived at Waterstone Place for over 16 years. Leah, in the leasing office does a great job communicating to the residents. She...
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Kevin
March 16, 2019
Lived here for close to 7 years, never a bad experience here. The property manager Lea is absolutely phenomenal and frankly was a large...
Read More
Shannon
July 31, 2017
I have LOVED living here! Hands down the best apartment staff I have ever met! So friendly, professional, and always get things done right...
Read More
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Contact Property
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About Waterstone Place
Welcome to Waterstone Place, one of the most welcoming apartment communities in the Twin Cities area. Managed by Steven Scott Management, this Minnetonka property offers comfortable living spaces with a variety of floor plan options. With studios, one-bedroom, and two-bedroom apartment homes available, there is a perfect fit for everyone.

Located at 9700 Waterstone Place, this community is conveniently situated near Highway 169 and Minnetonka Boulevard, making commuting and exploring the area a breeze. Countless options for shopping, dining, and entertainment are just minutes away, ensuring that residents have ample opportunities for leisure and convenience.

Waterstone Place takes pride in being pet-friendly, meaning your furry companions are more than welcome to join you in your new home. The amenities offered here include air conditioning, covered parking, a fitness center, and even high-speed internet access. You'll also find a variety of appliances in your unit, such as a refrigerator, range/oven, and freezer, making your daily life just a little bit easier.

Additionally, Waterstone Place is currently undergoing renovations, ensuring that your living space will be even more comfortable and stylish. With exceptional features like storage lockers, an inviting club room, underground parking, and controlled access entry, you'll have everything you need right at your fingertips.

Don't miss out on this incredible opportunity to live in Waterstone Place. Visit this friendly community today and see why it's the perfect place to call home.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Waterstone Place by bedroom type below.
Studio
Suggested income:
$53,200
per year
1 Bedroom
Suggested income:
$67,200
per year
2 Bedroom
Suggested income:
$74,300
per year
Rent report

Waterstone Place Rent vs. Minnetonka Average

 Waterstone Place      Minnetonka Average
Studio
$1,477
$1,349
$0
$500
$1,000
$1,500
$2,000
1BR
$1,868
$1,563
$0
$650
$1,300
$1,950
$2,600
2BR
$2,066
$1,922
$0
$700
$1,400
$2,100
$2,800

Waterstone Place is asking 10% more than the average studio apartment in Minnetonka.

If you upsized to an average priced Minnetonka 1 bedroom apartment, you would pay 14% more per month.

Waterstone Place provides 7% more square footage than the average Minnetonka studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Waterstone Place
Studio $1,477 $2.50 $4,431
1BR $1,868 $2.30 $5,604
2BR $2,066 $1.80 $6,197
Minnetonka Average
Studio $1,349 $2.50 $4,046
1BR $1,563 $2.00 $4,690
2BR $1,922 $1.70 $5,765
3BR $2,617 $1.70 $7,852
4BR $3,808 $1.30 $11,423

Availability in Minnetonka

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 138 1BR units on the market in Minnetonka. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 45% 40% 5% 1%
Available Units in Minnetonka
Studio 29
1BR 138
2BR 124
3BR 17
4BR 2
Location
Nearby Colleges

Minneapolis Community and Technical College

Capella University

Walden University

Augsburg College

University of Minnesota - Twin Cities

Nearby Hospitals
Name Distance
Park Nicollet Methodist Hosp 2.31 mi.
Regency Hospital Of Mpls Llc 4.57 mi.
Fairview Southdale Hospital 5.59 mi.
Nearby Fire Stations
Name Distance
Decatur Hamilton Fire Department 0.43 mi.
Hopkins Fire Department 0.88 mi.
St Louis Park Fire Department 1.53 mi.
FAQs
Is this property currently leasing units?
Yes. There are 14 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 11 units available for move-in over the next 2 months. 4 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 582 to 1,345 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are studio, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,477 to $2,382. Waterstone Place has studio units available starting at $1,477, 1 bedroom units available starting at $1,967, and 2 bedroom units available starting at $1,995.
Where is this property located?
This property is at 9700 Waterstone Place in Minnetonka, MN. It's 5.4 miles east from the center of Minnetonka.
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