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Newest Homes for Rent in Shorewood, MN

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  • /102

    Starting at $1,603

    Total Monthly Price

    • 1 - 3 Beds

    5603 Manitou Rd, Tonka Bay, MN 55331

    A wide range of one, two, and three-bedroom apartments and two-story direct entry townhomes are designed for ease. Light streams through the oversized windows and every home opens onto a private outdoor balcony or terrace. Each spacious floor plan is adorned with highly crafted soft-close cabinetry and quartz countertops throughout the kitchen and bathrooms. In-home washer and dryer, stainless

    Carrick Apartments and Townhomes

    (952) 314-9173

    5603 Manitou Rd, Tonka Bay, MN 55331
  • /25

    Starting at $1,235

    Total Monthly Price

    • Studio - 2 Beds

    19000 Stratford Rd, Minnetonka, MN 55345

    Welcome home! From your private patio or balcony at Hunters Ridge Apartments you will enjoy the beauty of the natural setting of Minnetonka?s hills, woods, and wetlands. Our property features underground parking, pool, and central laundry. Hunters Ridge has controlled entries, professional on-site management and maintenance. Fiber-optic internet service is available! Rent includes heat, water and

    Hunters Ridge

    (952) 314-9847

    19000 Stratford Rd, Minnetonka, MN 55345
  • /35

    Starting at $1,175 Plus Fees

    • 1 - 2 Beds

    834 3rd Ave, Excelsior, MN 55331

    2 blocks to Hwy 7...large rooms/closets...woodland setting...near Lake Minnetonka Christmas Lake Manor offer large studio, one and two bedroom apartment homes in a quiet, well cared for community. We have spacious patios and balconies, additional storage, laundry facilities on each floor, and garages available. Experience laketown living at the best in historic Excelsior. There are beautiful

    Christmas Lake Manor Apartments

    (612) 354-8035

    834 3rd Ave, Excelsior, MN 55331
  • /26

    Starting at $1,310 Plus Fees

    • 2 Beds

    840-846 3rd Ave, Excelsior, MN 55331

    Bay Pointe Apartments- Contact Barb at BayPointeApts@MMI- or . We look forward to helping you find your new home! - Bay Pointe Apartments has the comfort of an apartment home and the advantages of a lovely, suburban lakes community. Enjoy a barbeque in the courtyard or take time to relax on your private balcony.We are conveniently located within walking distance to Lake Minnetonka and

    Bay Pointe Apartments

    (612) 354-8091

    840-846 3rd Ave, Excelsior, MN 55331
  • /16

    $3,200 Plus Fees

    • 3 Beds
    • 2 Baths
    • 2,700 Sq Ft
    • House for Rent

    19101 Delton Ave, Minnetonka, MN 55345

    Property Id: 2347649Beautiful log home on a 1/2 acre lot in Minnetonka. Safe neighborhood with great neighbors of all ages. Just a few blocks from Minnetonka high school on the frontage road.Newly refinished original hardwood floors throughout the main level. Truly sound deadening windows to block any outside noise. Vestibule Entry with closet. Organic, "American clay" entry way.

    (651) 370-8189

    19101 Delton Ave, Minnetonka, MN 55345
  • /16

    $3,500

    Total Monthly Price

    • 5 Beds
    • 2 Baths
    • 2,200 Sq Ft
    • House for Rent

    25715 Wildrose Ln, Shorewood, MN 55331

    Welcome to this spacious and well-maintained 5-bedroom, 2-bathroom home located in the highly desirable Shorewood area. Offering a perfect blend of comfort, space, and outdoor living, this home is ideal for those looking for room to spread out while enjoying a peaceful neighborhood setting.Step inside to find a bright and functional layout with generous living spaces, well-sized bedrooms,

    25715 Wildrose Ln, Shorewood, MN 55331
  • /9

    Starting at $1,295 Plus Fees

    • 2 Beds

    5540 Cr-19, Shorewood, MN 55331

    18 two-bedroom apartments located just west of Excelsior. The apartments are 1000 square feet, air conditioned and include one garage. Enjoy the Loose Line walk and bike trail, Lake Minnetonka, and the town of Excelsior.

    Shorewood Place Apartments

    (763) 230-0771

    5540 Cr-19, Shorewood, MN 55331

Frequently Asked Questions

How much does it cost to rent a home in Shorewood, MN?
The median rent for a home in Shorewood, MN is $3,500 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 Shorewood, MN?
To comfortably afford the median rent in Shorewood, MN, a household needs to earn roughly $140,000 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 $3,500 per month in Shorewood, MN, renters typically need to show $10,500 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 Shorewood, MN?
In Shorewood, MN, the price-to-rent ratio is 33.2, 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 Shorewood, MN

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$3,500
Median Single Family Home Rent
$3,500
How to Rent a Home