
Cheap Apartments for Rent in the Parkwood South Neighborhood of Burnsville, MN from $900 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkwood South area of Burnsville.


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Meridian Pointe

Berkshire of Burnsville

Glen at Burnsville

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Connelly On Eleven

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Twelve 501 Apartment Homes

Dakota Station
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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Pines of Burnsville

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Willow Pond

CARRINGTON COURT

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Parkwood Pointe Apartments

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Elevate on Parkway

Grande Market Place

Park Place Apartment
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Woods of Burnsville Apartments

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Oakleaf Townhomes

Burnsville Parkway Apartments

Maven Apartments

Provence

Villas at Pleasant Ave II - 55+

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Avana West Park
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Concorde Flats Apartment

Coventry Court Townhomes

Havenwood Senior Living of Burnsville
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Cinnamon Ridge Apartments
Parkwood South, Burnsville, MN Local Guide

How much does it cost to rent an apartment in Parkwood South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkwood South Studio Apartments | $1,249 | $980 | $1,470 |
| Parkwood South 1 Bedroom Apartments | $1,415 | $1,135 | $3,098 |
| Parkwood South 2 Bedroom Apartments | $1,701 | $1,250 | $3,184 |
| Parkwood South 3 Bedroom Apartments | $2,203 | $1,705 | $3,122 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Parkwood South Neighborhood of Burnsville, MN.
See all Apartments in BurnsvilleExplore Burnsville
Parkwood South, Burnsville, MN Local Guide
- Nearby Burnsville neighborhoods
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Cheapest Available Parkwood South Apartments for Rent
 The cheapest available apartment rental in the Parkwood South area of Minneapolis, MN is a Studio unit found at Meridian Pointe priced from $1,091. The Bluffs of Burnsville has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,120. Here are the most affordable Parkwood South apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meridian Pointe | Jasmine (S1gi) | Studio,1BA | $1,091 |
| The Bluffs of Burnsville | 2 BR | 2BR,1BA | $1,120 |
| Glen at Burnsville | A1 Rockford | 1BR,1BA | $1,135 |
| Twelve 501 Apartment Homes | The Dylan | 1BR,1BA | $1,140 |
| Pines of Burnsville | 1 Bedroom | 1BR,1BA | $1,175 |
| CARRINGTON COURT | 1 Bedroom 1 Bath Waitlist Application | 1BR,1BA | $1,185 |
| The Felix | The Selene A | 1BR,1BA | $1,203 |
| Connelly On Eleven | A1R | 1BR,1BA | $1,215 |
| Willow Pond | Magnolia | 1BR,1BA | $1,229 |
| The Woods of Burnsville Apartments | Sycamore | 1BR,1BA | $1,262 |
Best Value Apartments for Rent in Parkwood South, MN
As of November 16, 2025 the best value apartment in the Parkwood South area is the $1.07 price per square foot 2 Bedroom - Market Model at Grande Market Place in the in the Heart of the City neighborhood starting from $1,693. The second greatest value Parkwood South apartment is the 3 Bedroom, 2 Bath Model at Court Place Apartments starting at $1,895 with a $1.26 price per square foot in the Vista View neighborhood. Here is today’s list of the best values for Parkwood South apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grande Market Place | 2 Bedroom - Market | 2BR,2BA | $1.07 |
| Court Place Apartments | 3 Bedroom, 2 Bath | 3BR,2BA | $1.26 |
| Elevate on Parkway | 3 Bed - 2 Bath (Renovated) | 3BR,2BA | $1.58 |
| The Bluffs of Burnsville | 2 BR | 2BR,1.5BA | $1.08 |
| Applewoods Apartments | 2 Bedroom 1 Bathrom | 1BR,1BA | $1.58 |
| Glen at Burnsville | A1 Rockford | 1BR,1BA | $1.41 |
| Twelve 501 Apartment Homes | The Dylan | 1BR,1BA | $1.45 |
| Pines of Burnsville | 1 Bedroom | 1BR,1BA | $1.55 |
| Connelly On Eleven | A1R | 1BR,1BA | $1.62 |
| CARRINGTON COURT | 1 Bedroom 1 Bath Waitlist Application | 1BR,1BA | $1.64 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleParkwood South, Burnsville, MN
Ranked #5
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Burnsville. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Parkwood South Apartments
What is a cheap apartment in Parkwood South?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkwood South is under $1,262.
What is the price of a cheap apartment in Parkwood South?
The cheapest apartment in Parkwood South is Glen at Burnsville which is listed at $1,135, while the average apartment in Parkwood South costs $1,999.
What types of apartments are the cheapest in Parkwood South?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 21 regular apartments in Parkwood South that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Parkwood South?
Cheap apartments in Parkwood South have an average cost of $205 which is $1,794 cheaper than the average rent for all rentals in Parkwood South.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.



