Apartments in Oak Terrace Minnetonka

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20
$1,252 - 1,528
Deal
2.8
13700 Valley View Road Eden Prairie, MN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
38
$1,290 - 1,550
Deal
2.0
13670 Valley View Road Eden Prairie, MN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
31
3D Tour
$3,956
14414 Stewart Ln Minneapolis, MN
Studio | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Surface Parking
Dishwasher
25
$1,100 - 1,795
5134 Baker RD Minnetonka, MN
1 - 3 BR | Ask for Availability
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Balcony/Deck/Patio
Dishwasher
35
$1,595 - 1,625
5709 Rowland Rd Minnetonka, MN
1 BR | Dec. 1, 2024
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
16
$2,195
15288 Trillium Cir Eden Prairie, MN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
18
$1,095 - 1,595
14247 Valley View Rd Eden Prairie, MN
Studio - 2 BR | Available Now
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Cat Friendly
Luxury
Air Conditioning
Covered Parking
Surface Parking
19
$1,703 - 1,730
13700 Valley View Rd Eden Prairie, MN
2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
40
$1,356
13670 Valley View Rd Eden Prairie, MN
1 BR | Available Now
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Luxury
Section 8
Air Conditioning
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Minnetonka:
November Rent Report

Welcome to the November 2024 Minnetonka Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 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

$2,100
$1,580
$1,050
$530
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Minnetonka Rent Prices Decrease From October to November

Minnetonka rent prices decreased over the last month. From October to November, the city experienced a -0.38% decrease for the price of a one-bedroom apartment. The rent price for a Minnetonka one-bedroom apartments currently stands at $1,587.0.

When we take a look at the two-bedroom comparison from October to November, Minnetonka experienced a -2.28% decrease for the price of a two-bedroom apartment. The rent price for a Minnetonka two-bedroom apartments currently stands at $1,972.0.

November 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.

November 2024 Pricing Trends: Minnetonka vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

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 November 1 BR M/M % Change 2 BR November 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.