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Affordable & Income-Based Housing in Minnetonka

Minnetonka has 11 affordable and income-based rental properties with 1,054 total units, spread across a city where the median market rent reaches $1,779 per month, according to Census ACS 5-Year data. With a median household income of $119,517, income-based housing plays an important role for renters who fall outside that range. Most scored properties here rate excellent or good, suggesting generally well-maintained conditions.

11
Properties
1,054
Total units
86/100
Avg HUD score

At a glance

🏠 Affordability
$1,779/mo

Affordability

Minnetonka has a median household income of $119,517 and a median asking rent of $1,779 per month, with renters making up 28% of households, according to Census ACS 5-Year estimates (2024). Income-restricted housing in the city can offer meaningful savings for eligible renters in an otherwise high-cost market.

Census ACS 5-Year
🛡️ Safety
116 / 100k · 2024

Safety

According to FBI Crime Data Explorer, the Minnetonka Police Department reported a violent crime rate of 116 per 100,000 residents in 2024. Note that crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

FBI Crime Data Explorer
🚶 Getting around
Walk Score 29 · Car-Dependent

Getting Around Minnetonka

According to Walk Score, the areas around assisted properties in Minnetonka score 29 out of 100 (Car-Dependent) for walkability and 27 out of 100 for bikeability. No Transit Score is available for this area. Most errands and commutes will likely require a personal vehicle.

Walk Score
🎓 Schools
27 schools · 5 districts

Schools

Minnetonka is served by 27 schools across 5 districts, including 8 elementary, 4 middle, and 14 high schools, plus 1 other, according to NCES Common Core of Data. Quality and programs vary by school and district, so renters should check the assigned schools for a specific address before applying.

NCES Common Core of Data
📊 Cost of living
$119,517 median income

Cost of Living in Minnetonka

The median household income in Minnetonka is $119,517 per year, according to Census ACS 5-Year data. The median asking rent in the city is $1,779 per month, also per Census ACS 5-Year estimates, which underscores why income-restricted housing can be a critical resource for renters here.

Minnetonka has 6 income-restricted properties with 492 total units across the city. These HUD-assisted and LIHTC homes offer rents tied to household income, making them significantly more affordable than the local market rate for qualifying renters.

Census ACS 5-Year
🌊 Environment & risk

Flood and Environmental Exposure

All 6 assisted properties in Minnetonka have been mapped for flood risk. None are located in a high-risk flood zone, which is a reassuring finding for renters considering these homes.

FEMA · EPA AirNow
HUD Inspection Scoresavg 86/100(6 of 11 scored)
90+ (3)70–89 (2)<60 (1)No score (5)

11 properties on the map

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About Affordable Housing in Minnetonka

Minnetonka is a suburban city in the western Twin Cities metro, where roughly 28 percent of households rent, according to Census ACS 5-Year data. The citywide median rent is $1,779 per month, making the 492 income-restricted units across Minnetonka's 6 HUD-assisted properties a meaningful resource for cost-conscious renters.

Of the 6 properties with condition scores, 3 rate as excellent and 2 as good, suggesting most assisted housing here is well maintained. None of the 6 mapped properties fall in a high-risk flood zone, according to flood mapping data.

Minnetonka is rated Car-Dependent with a Walk Score of 29 and a Bike Score of 27, according to Walk Score, so access to a vehicle is an important practical consideration for residents. The city is served by 27 schools across 5 districts, according to NCES Common Core of Data.

A deeper look at navigating affordable housing options in Minnetonka -- including what to expect from the application process and local resources -- is.

Eligibility & how to apply

Helpful guides

Research: what 22,600 HUD inspection scores reveal →