Cheap Apartments for Rent in the Parkwood South Neighborhood of Burnsville, MN from $900 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkwood South area of Burnsville.

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Meridian Pointe
Rent Specials
$1,091 - $3,122
Total Monthly Price

Total Monthly Price

Base Rent
$1,036 - $3,067
Required Monthly Fees
$55

Total Monthly Price
$1,091 - $3,122
Studio to 3 Bedroom Apartments Available Now

Meridian Pointe

251 McAndrews Rd WBurnsville, MN 55337
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Connelly On Eleven
$1,136 - $1,719
Total Monthly Price

Total Monthly Price

Base Rent
$1,129 - $1,712
Required Monthly Fees
$7

Total Monthly Price
$1,136 - $1,719
Studio to 2 Bedroom Apartments Available Now

Connelly On Eleven

2003 E 121st StBurnsville, MN 55337
Pet Friendly
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Twelve 501 Apartment Homes
Rent Specials
$1,140 - $2,664
Total Monthly Price

Total Monthly Price

Base Rent
$1,140 - $2,664

Total Monthly Price
$1,140 - $2,664
1 to 3 Bedroom Apartments Available Now

Twelve 501 Apartment Homes

12501 Portland Ave SBurnsville, MN 55337
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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.

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Willow Pond
Rent Specials
$1,184 - $4,169
Total Monthly Price

Total Monthly Price

Base Rent
$1,180 - $4,165
Required Monthly Fees
$4

Total Monthly Price
$1,184 - $4,169
Studio to 3 Bedroom Apartments Available Now

Willow Pond

11751 W River Hills DrBurnsville, MN 55337
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Parkwood Pointe Apartments
Rent Specials
$1,204 - $2,014
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $2,005
Required Monthly Fees
$9

Total Monthly Price
$1,204 - $2,014
Studio to 2 Bedroom Apartments Available Now

Parkwood Pointe Apartments

12312 Parkwood DrBurnsville, MN 55337
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Elevate on Parkway
Rent Specials
$1,218 - $2,516
Total Monthly Price

Total Monthly Price

Base Rent
$1,190 - $2,488
Required Monthly Fees
$28

Total Monthly Price
$1,218 - $2,516
Studio to 3 Bedroom Apartments Available Now

Elevate on Parkway

1505 E Burnsville PkyBurnsville, MN 55337
Active Lifestyle
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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
$1,262 - $2,714
Total Monthly Price

Total Monthly Price

Base Rent
$1,237 - $2,689
Required Monthly Fees
$25

Total Monthly Price
$1,262 - $2,714
Studio to 3 Bedroom Apartments Available Now

The Woods of Burnsville Apartments

14701 Portland Ave SBurnsville, MN 55306
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Oakleaf Townhomes
$1,295 - $1,960
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $1,960

Total Monthly Price
$1,295 - $1,960
1 to 3 Bedroom Apartments Available Now

Oakleaf Townhomes

12213 17th Ave SBurnsville, MN 55337
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Avana West Park
Rent Specials
$1,401 - $3,184
Total Monthly Price

Total Monthly Price

Base Rent
$1,396 - $3,179
Required Monthly Fees
$5

Total Monthly Price
$1,401 - $3,184
1 to 3 Bedroom Apartments Available Now

Avana West Park

429 E Travelers TrlBurnsville, MN 55337
Corporate Housing
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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
$1,410 - $2,285
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,255 - $2,130
Required Monthly Fees
$155

Total Monthly Price
$1,410 - $2,285
Studio to 2 Bedroom Apartments Available Now

Concorde Flats Apartment

501 Gateway BlvdBurnsville, MN 55337
Eco-Friendly
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Dahcotah View Apartments
Studio to 3 Bedroom Apartments

Dahcotah View Apartments

1601 Cliff Rd EBurnsville, MN 55337
  • Utilities Included
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Colonial Terrace
Studio to 2 Bedroom Apartments

Colonial Terrace

13701-13733 Wentworth AveBurnsville, MN 55337
  • Utilities Included
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Whispering Oaks
1 to 3 Bedroom Apartments

Whispering Oaks

1600 W 143rd StBurnsville, MN 55306
  • Utilities Included

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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.

Parkwood South, Burnsville, MN Local Guide

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 ListingModel NameBed/BathPriced From
Meridian PointeJasmine (S1gi)Studio,1BA$1,091
The Bluffs of Burnsville2 BR2BR,1BA$1,120
Glen at BurnsvilleA1 Rockford1BR,1BA$1,135
Twelve 501 Apartment HomesThe Dylan1BR,1BA$1,140
Pines of Burnsville1 Bedroom1BR,1BA$1,175
CARRINGTON COURT1 Bedroom 1 Bath Waitlist Application1BR,1BA$1,185
The FelixThe Selene A1BR,1BA$1,203
Connelly On ElevenA1R1BR,1BA$1,215
Willow PondMagnolia1BR,1BA$1,229
The Woods of Burnsville ApartmentsSycamore1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Grande Market Place2 Bedroom - Market2BR,2BA$1.07
Court Place Apartments3 Bedroom, 2 Bath3BR,2BA$1.26
Elevate on Parkway3 Bed - 2 Bath (Renovated)3BR,2BA$1.58
The Bluffs of Burnsville2 BR2BR,1.5BA$1.08
Applewoods Apartments2 Bedroom 1 Bathrom1BR,1BA$1.58
Glen at BurnsvilleA1 Rockford1BR,1BA$1.41
Twelve 501 Apartment HomesThe Dylan1BR,1BA$1.45
Pines of Burnsville1 Bedroom1BR,1BA$1.55
Connelly On ElevenA1R1BR,1BA$1.62
CARRINGTON COURT1 Bedroom 1 Bath Waitlist Application1BR,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.

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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.

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Pet Friendly Lifestyle
Parkwood South, Burnsville, MN

Ranked #5

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.