Homes & Apartments for Rent in Minnetonka, MN 55345

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What to Know About

Life in Minnetonka & Beyond

Minnetonka shares many of the great qualities that make Minnesota a desirable place to live.

Minnesota, known as the "Land of 10,000 Lakes", boasts breathtaking landscapes and a thriving arts and cultural community that enchants you. Immerse yourself in Minnesota's roots and history through the City Museum and the Science Museum of Minnesota, or invest in your education through the University of Minnesota, St. Cloud State University, and Minnesota State University, Mankato. In addition, residents can enjoy a vibrant arts and cultural scene in the Twin Cities of Minneapolis and St. Paul, including the famous Walker Art Center and the Minnesota Orchestra, providing a wealth of entertainment options.

Sports enthusiasts can enjoy cheering on professional teams such as the Minnesota Vikings (NFL), Minnesota Twins (MLB), and Minnesota Timberwolves (NBA), providing ample opportunities for excitement. Explore famous attractions like the Mall of America, the James J. Hill House, and the historic town of Duluth, each providing a unique glimpse into Minnesota's history and culture. In addition, the state offers many outdoor recreation opportunities, from boating and fishing in its 10,000 lakes to skiing in the Minnesota River Valley.

Minnesota offers a unique blend of natural beauty, quality of life, and affordability, making it a great place to call home.

Rental Market Trends

Hennepin County, MN

As of October 2026, Hennepin County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Hennepin County's average rent is 5.0% ($78) higher than the Minnesota average of $1,560 and 10.0% ($181) lower than the U.S. average of $1,819.

Average Rent
$1,638
Monthly ChangeMonth Over Month Change
Increased0.7% ($12)
Yearly ChangeYear Over Year Change
Increased3.5% ($56)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,355 Increased0.5% ($7) Increased3.4% ($44)
2 Beds $1,982 Increased0.4% ($7) Increased3.5% ($67)
3 Beds $2,537 Increased1.7% ($43) Decreased0.4% ($9)
Cities within Hennepin County Average Rent Avg. Rent vs. HennepinAverage Rent vs. Hennepin County Avg. Days on MarketAverage Days on Market
Minneapolis $1,582 Decreased3.4% ($56) 34 days
Hopkins $1,575 Decreased3.8% ($63) 36 days
Eden Prairie $1,744 Increased6.5% ($106) 34 days
Osseo $1,654 Increased1% ($16) 34 days
Excelsior $1,960 Increased19.7% ($322) 32 days
Rental market trends are calculated using listing data from RentalSource.
Property Managers

Who Has Rentals in Minnesota

126 property managers have 1,857 rentals available in Minnesota right now, including Millennium Management (197), GoGopher Property Management (129) and Housing Hub (111).

Compare property managers in Minnesota
Frequently Asked Questions
Hennepin County Rental Market FAQs

Explore rental prices, market trends, and availability in Hennepin County, MN.

The average rent in Hennepin County, MN is $1,638 per month.
Homes in Hennepin County typically rent for between $949 and $3,298 per month, with an average of $1,638 per month.
In Hennepin County, the average rent for a 1-bedroom home is $1,355 per month, for a 2-bedroom home, $1,982 per month, and a 3-bedroom home is $2,537 per month.
The average rent in Hennepin County is 10% ($181) lower than the national average of $1,819 per month.
The average rent in Hennepin County has increased by 0.7% ($12) in the last month and increased by 3.5% ($56) over the past year.
The rental market in Hennepin County, MN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Hennepin County, MN, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 1,449 rental properties available in Hennepin County, MN.
Based on the current averages, a household would need an annual income of $79,280 to comfortably afford a 2-bedroom home in Hennepin County.
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