
Cheap Apartments for Rent in the Parkwood South Neighborhood of Burnsville, MN from $900 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkwood South area of Burnsville.


Glen at Burnsville

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Connelly On Eleven

Berkshire of Burnsville

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Twelve 501 Apartment Homes

Dakota Station

Villas at Pleasant Ave II - 55+
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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

CARRINGTON COURT

The Felix

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Meridian Pointe

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Parkwood Pointe Apartments

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The Woods of Burnsville Apartments

Avana West Park
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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Elevate on Parkway

Grande Market Place

Park Place Apartment

Volta

Burnsville Parkway Apartments

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Oakleaf Townhomes

Provence
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.

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Concorde Flats Apartment

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Coventry Court Townhomes

Maven Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Havenwood Senior Living of Burnsville

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14115 Pennock Ave, Unit 306
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 | $1,227 | $1,079 | $1,470 |
| Parkwood South 1 Bedroom Apartments | $1,427 | $1,090 | $3,206 |
| Parkwood South 2 Bedroom Apartments | $1,646 | $1,250 | $3,271 |
| Parkwood South 3 Bedroom Apartments | $1,772 | $1,657 | $2,530 |
Browse Apartments in this Neighborhood
There are currently 30 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Parkwood South Apartments for Rent
 The cheapest available apartment rental in the Parkwood South area of Minneapolis, MN is a 2 Beds unit found at The Bluffs of Burnsville priced from $1,045. Willow Pond has the second lowest priced unit, which is a Studio apartment currently listed from $1,079. Here are the most affordable Parkwood South apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Bluffs of Burnsville | 2 BR 1.5 B | 2BR,1BA | $1,045 |
| Willow Pond | Elm | Studio,1BA | $1,079 |
| Glen at Burnsville | A1 Rockford | 1BR,1BA | $1,090 |
| Twelve 501 Apartment Homes | The Dylan | 1BR,1BA | $1,140 |
| Pines of Burnsville | 1 Bedroom | 1BR,1BA | $1,185 |
| Meridian Pointe | Jasmine (S1gi) | Studio,1BA | $1,198 |
| The Woods of Burnsville Apartments | Sycamore | 1BR,1BA | $1,222 |
| Avana West Park | A1 | 1BR,1BA | $1,234 |
| Elevate on Parkway | 1 Bed - 1 Bath (Renovated) | 1BR,1BA | $1,240 |
| Connelly On Eleven | A1R | 1BR,1BA | $1,255 |
Best Value Apartments for Rent in Parkwood South, MN
As of January 03, 2026 the best value apartment in the Parkwood South area is the $1.40 price per square foot Quartet Model at Summit Townhomes in the in the Vista View neighborhood starting from $2,920. The second greatest value Parkwood South apartment is the 3 Bedroom, 2 Bath Model at Court Place Townhomes starting at $2,250 with a $1.50 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. |
|---|---|---|---|
| Summit Townhomes | Quartet | 4BR,3.5BA | $1.40 |
| Court Place Townhomes | 3 Bedroom, 2 Bath | 3BR,2BA | $1.50 |
| Grande Market Place | 2 Bedroom - Market | 2BR,2BA | $1.55 |
| The Bluffs of Burnsville | 2 BR | 2BR,1.5BA | $1.01 |
| CARRINGTON COURT | 2 Bedroom 2 Bath Waitlist Application | 2BR,2BA | $1.49 |
| Oakleaf Townhomes | Afton | 2BR,1BA | $1.47 |
| Applewoods Apartments | 2 Bedroom 1 Bathrom | 1BR,1BA | $1.58 |
| Glen at Burnsville | A1 Rockford | 1BR,1BA | $1.35 |
| Twelve 501 Apartment Homes | The Dylan | 1BR,1BA | $1.45 |
| Pines of Burnsville | 1 Bedroom | 1BR,1BA | $1.56 |
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
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 #6
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 $1,255.
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 $1,090, while the average apartment in Parkwood South costs $1,657.
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 11 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 $571 which is $1,086 cheaper than the average rent for all rentals in Parkwood South.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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!



