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Affordable apartments in Minnetonka, Minnesota

6 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

6 lihtc

Buildings

MINNETONKA HEIGHTS

LIHTC
MULTIPLE BUILDING ADDRESSES, MINNETONKA, MN, 55345
Income-restricted units
151 of 172
Year placed in service
2000
Bedroom mix
103 1BR · 49 2BR · 20 3BR

Estimated total housing cost: $1,673 rent + $117 utilities = $1,790/mo

Contact property management for current availability. Waitlists may apply.

CROWN RIDGE APARTMENTS

LIHTC
11367 FAIRFIELD RD, MINNETONKA, MN, 55345
Income-restricted units
46 of 64
Year placed in service
1998
Bedroom mix
12 1BR · 35 2BR · 16 3BR

Estimated total housing cost: $1,673 rent + $117 utilities = $1,790/mo

Contact property management for current availability. Waitlists may apply.

CEDAR HILLS TOWNHOMES

LIHTC
MULTIPLE BUILDING ADDRESSES, MINNETONKA, MN, 55305
Income-restricted units
30 of 30
Year placed in service
2007
Bedroom mix
20 2BR · 9 3BR · 1 4+BR

Estimated total housing cost: $1,673 rent + $117 utilities = $1,790/mo

Contact property management for current availability. Waitlists may apply.

MINNETONKA MILLS TOWNHOMES

LIHTC
MULTIPLE BUILDING ADDRESSES, MINNETONKA, MN, 55343
Income-restricted units
29 of 30
Year placed in service
1998
Bedroom mix
7 2BR · 17 3BR · 7 4+BR

Estimated total housing cost: $1,673 rent + $117 utilities = $1,790/mo

Contact property management for current availability. Waitlists may apply.

THE CHASE AT NINE MILE CREEK (FKA ROWLAND APTS)

LIHTC
5709 ROWLAND RD, MINNETONKA, MN, 55431
Income-restricted units
22 of 106
Year placed in service
2017
Bedroom mix
85 1BR · 21 2BR

Estimated total housing cost: $1,673 rent + $117 utilities = $1,790/mo

Contact property management for current availability. Waitlists may apply.

TONKA ON THE CREEK

LIHTC
9731 MINNETONKA BOULEVARD, MINNETONKA, MN, 55305
Income-restricted units
20 of 100
Year placed in service
2016
Bedroom mix
6 1BR · 31 2BR

Estimated total housing cost: $1,673 rent + $117 utilities = $1,790/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Minnesota

Residential electricity in Minnesota runs about 15.95¢/kWh, with a typical monthly residential electric bill near $117. Natural gas runs about $12.68/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Minnetonka, MN

Metro-level
BedroomsLocal FMRNational median
Studio$1,422n/a
1 bedroom$1,589n/a
2 bedroom$1,673$1,502
3 bedroom$2,175n/a
4 bedroom$2,510n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Hennepin County, MN

Minneapolis-St. Paul-Bloomington, MN-WI. FY2025. Area median income: $132,400.

Household size30% AMI50% AMI80% AMI
1 person$27,800$46,350$72,950
2 people$31,800$53,000$83,400
3 people$35,750$59,600$93,800
4 people$39,700$66,200$104,200
5 people$42,900$71,500$112,550
6 people$46,100$76,800$120,900
7 people$49,250$82,100$129,250
8 people$54,150$87,400$137,550

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Minnesota cities

See all affordable-rental cities in Minnesota

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Minnetonka cost-of-living and Fair Market Rent overview