The median home in Minnetonka, Minnesota is valued at $463,727, up 2.6% year over year. Typical monthly rent is $1,808, producing a price-to-rent ratio of 21.4x — well above the national average of 18x. Minnetonka is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Minneapolis-St. Paul-Bloomington, MN-WI stress score, crash risk, and 12-month forecast →

Home Value$463,727

+2.6%

Rent$1,808/mo

AFFORDABILITY

Enter your income for Minnetonka.

Income (annual)

Down Payment

$92,745 on $463,727

Out of reach — 46.8% of income

Need $125,486/yr to afford.

PITI$2,928

P/I46.8%

Afford$277K

Gap-$187K

P&I $2,345Tax $433Ins $150

Renting $1,120/mo cheaper ($1,808 rent)6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Minnetonka with other housing markets across Minnesota.

Minnetonka Beach$2220K Woodland$1619K Greenwood$1602K Sunfish Lake$1156K Orono$1084K Medicine Lake$1082K Tonka Bay$1059K Deephaven$1018K

Full Minneapolis-St. Paul-Bloomington, MN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Minneapolis-St. Paul-Bloomington, MN-WI metro.

View Minneapolis-St. Paul-Bloomington, MN-WI metro →

MINNETONKA, MN