With its charming small-town atmosphere and close-knit community, Minnetonka offers a peaceful retreat from the hustle and bustle of city life. The city’s prominent feature is its abundance of outdoor recreational activities, from boating and fishing on Lake Minnetonka to hiking and biking along the scenic trails. Considered one of the best places to live in Minnesota, Minnetonka provides a high quality of life for its residents, with top-rated schools, thriving businesses, and a strong sense of community. So whether you’re searching for the perfect apartment in the heart of Minnetonka or a cozy rental home in its peaceful suburbs, you’ve come to the right place.
In this Apartment Guide article, we’ll cut to the chase, breaking down the pros and cons of moving to Minnetonka, MN. Let’s get started and see what awaits in this charming lakeside city.
Pros of living in Minnetonka, MN
1. Natural beauty
Minnetonka is surrounded by stunning natural beauty, with an abundance of lakes, parks, and green spaces. Residents can enjoy outdoor activities such as hiking, biking, and boating, making it an ideal location for nature enthusiasts. The city’s commitment to preserving its natural environment provides a peaceful and serene setting for residents to relax and unwind. The area has dozens of parks, from the untouched nature of Purgatory Park to the playgrounds, tennis courts, and skating rinks at facilities like Covington Park.
2. Strong economy
Minnetonka boasts a strong and diverse economy, with a thriving business community and a low unemployment rate. Major corporations like UnitedHealth, Radisson Hotel Group, Cargill, and AmeriPride Services are headquartered in the city and provide ample job opportunities and economic stability for residents. The robust economy contributes to a high standard of living and a wide range of career prospects.
3. Excellent schools
Minnetonka is renowned for its top-rated public schools, offering high-quality education and a strong emphasis on academic achievement. The city’s commitment to education is evident in its well-equipped facilities, dedicated teachers, and comprehensive curriculum.
4. Vibrant cultural scene
Despite its suburban setting, Minnetonka has a vibrant cultural scene, with a variety of art galleries, theaters, and music venues. Residents can immerse themselves in the local arts community, attending performances, exhibitions, and cultural events throughout the year. The city’s rich cultural offerings and organizations like Minnetonka Center for the Arts provide ample opportunities for residents to engage with the arts and expand their horizons.
5. Access to healthcare
Minnetonka offers access to high-quality healthcare facilities and medical services, ensuring that residents have convenient and reliable healthcare options. The city is home to reputable hospitals, clinics, and healthcare providers, prioritizing the well-being and medical needs of its residents. The accessibility of healthcare resources contributes to the overall health and wellness of the community.
6. Friendly neighborhoods
Minnetonka features family-friendly neighborhoods with safe streets, well-maintained parks, and excellent recreational facilities. The city’s focus on creating a welcoming environment is evident in its community programs, events, and amenities. Residents can enjoy a strong sense of community and a supportive network of neighbors.
7. Cost of living
The cost of living in Minnetonka is relatively high compared to the national average. The average rent for a 2 bedroom apartment in Minnetonka is $2,133, slightly less than the $2,217 average rent in Minneapolis. Housing, transportation, and healthcare expenses can be higher than in surrounding towns, impacting the overall affordability for residents. It’s important for individuals considering a move to Minnetonka to carefully evaluate their budget and financial resources to ensure a comfortable standard of living in the city.
Cons of living in Minnetonka, MN
1. Harsh winters
Minnetonka experiences harsh winters with heavy snowfall and freezing temperatures, posing challenges for residents during the colder months. The average annual snowfall is over 53 inches, making it one of the snowier areas of Minnesota. Snow removal and winter maintenance can be demanding, and the cold weather may limit outdoor activities and recreational opportunities. Individuals who are sensitive to cold climates may find the winter weather in Minnetonka to be a significant drawback.
2. Limited public transportation
Minnetonka has limited public transportation options, making it necessary for residents to rely on personal vehicles for daily commuting and travel. The lack of extensive public transit systems can lead to traffic congestion and longer commute times, particularly during peak hours. Individuals who prefer or require public transportation may find the limited options in Minnetonka to be a disadvantage.
3. Suburban lifestyle
While Minnetonka offers a peaceful and suburban lifestyle, some residents may find the lack of urban amenities and bustling city atmosphere to be a downside. The city’s quieter pace and limited nightlife options may not appeal to individuals seeking a more vibrant and fast-paced urban environment. Those accustomed to city living may need to adjust to the suburban lifestyle in Minnetonka.
4. Property taxes
Property taxes in Minnetonka can be relatively high, impacting homeowners and renters alike. The financial burden of property taxes may affect the affordability of housing and overall cost of living for residents. It’s important for individuals considering relocation to Minnetonka to carefully assess the potential impact of property taxes on their budget and financial planning.
5. Commute to urban centers
Residents of Minnetonka may face longer commute times when traveling to major urban centers and downtown areas of Minneapolis and St. Paul. The distance from the city’s suburban location to urban hubs can result in extended travel times and potential traffic congestion. Individuals who require frequent access to urban amenities and employment centers may find the commute from Minnetonka to be a challenge.
6. Limited nightlife options
Minnetonka has limited nightlife options and entertainment venues compared to larger cities, which may be a downside for residents seeking vibrant nightlife and social scenes. The city’s quieter evenings and fewer nightlife establishments may not cater to individuals looking for a bustling and diverse nightlife experience. Those accustomed to a lively social scene may find the limited options in Minnetonka to be a drawback.