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Newest Homes for Rent in Medina, MN

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    Starting at $2,750 Plus Fees

    • 3 - 4 Beds

    4760 Ironwood Cir, Minnetrista, MN 55359

    Spacious Townhome Living in Medina, MinnesotaWelcome to Ironwood Townhomes, 3 & 4-bedroom townhomes for rent in Medina, MN, near Wayzata, within the award-winning Orono School District. Ironwood Townhomes offers an exceptional living experience for all.Property Highlights:Spacious Floor Plans: Choose from our thoughtfully designed 3-bedroom plus den or 4-bedroom townhome

    Ironwood Townhomes

    (949) 390-6385

    4760 Ironwood Cir, Minnetrista, MN 55359
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    Call for Price

    • 1 - 3 Beds

    500 Hamel Rd, Hamel, MN 55340

    Hamel Road Apartments

    (763) 292-4637

    500 Hamel Rd, Hamel, MN 55340
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    $2,690 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,804 Sq Ft
    • Townhouse for Rent

    1142 Middlefield Rd, Medina, MN 55340

    Available July 1st! Wonderful like a new townhouse in Wayzata School district! West facing townhome features open floor plan with plenty of natural light and modern finishes! The beautiful kitchen with pantry, slate appliances, white cabinets, quartz counter tops, subway tile backsplash and center island overlooking family room with contemporary style fireplace. Sliding door leading to patio is

    Svitlana Pashko RE/MAX Results

    1142 Middlefield Rd, Medina, MN 55340

Frequently Asked Questions

How much does it cost to rent a home in Medina, MN?
The median rent for a home in Medina, MN is $2,690 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Medina, MN?
To comfortably afford the median rent in Medina, MN, a household needs to earn roughly $107,600 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,690 per month in Medina, MN, renters typically need to show $8,070 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Medina, MN?
In Medina, MN, the price-to-rent ratio is 30.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Medina, MN

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$2,690
Median Single Family Home Rent
$2,680
How to Rent a Home