
Cheap Homes for Rent in Wood Park Neighborhood of Burnsville, MN from $1,200 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Wood Park area of Burnsville.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

12860 Nicollet Ave, Unit XXX
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.

12852 Nicollet Ave, Unit 202
Wood Park, Burnsville, MN Local Guide

How much does it cost to rent a home in Wood Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wood Park 2 Bedroom Homes for Rent | $1,499 | $1,300 | $1,699 |
| Wood Park 3 Bedroom Homes for Rent | $2,261 | $2,095 | $2,395 |
| Wood Park 4 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
| Wood Park 5 Bedroom Homes for Rent | $3,495 | $3,495 | $3,495 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Wood Park Neighborhood of Burnsville, MN.
Explore Burnsville
Wood Park, Burnsville, MN Local Guide
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Best Value Apartments for Rent in Wood Park, MN
As of July 05, 2026 the best value apartment in the Wood Park area is the $1.65 price per square foot C1 Model at Wyngate in the in the Heart of the City neighborhood starting from $2,480. The second greatest value Wood Park apartment is the 2C - 2 Bedroom Model at Parkwood Heights Apartments starting at $1,970 with a $1.64 price per square foot in the Heart of the City neighborhood. Here is today’s list of the best values for Wood Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wyngate | C1 | 3BR,2BA | $1.65 |
| Parkwood Heights Apartments | 2C - 2 Bedroom | 2BR,1.5BA | $1.64 |
| Grande Market Place | 2 Bedroom - Market | 2BR,2BA | $1.48 |
| Parkwood Pond | Three Bedroom | 3BR,2BA | $1.52 |
| Timber Ridge Townhomes | Two Bedroom | 2BR,1BA | $1.63 |
| Willoway Apartments | Whisper | 1BR,1BA | $1.65 |
| The Woods of Burnsville Apartments | Sycamore | 1BR,1BA | $1.59 |
| Pines of Burnsville | 1 Bedroom | 1BR,1BA | $1.54 |
| Southwind Village | A1 | 1BR,1BA | $1.63 |
| 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 LifestyleWood Park, Burnsville, MN
Ranked #8
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Wood Park, Burnsville, MN
Nicollet Junior High School
School data provided by Great Schools
Frequently Asked Questions about Wood Park
What type of rentals are currently available in Wood Park?
There are currently 63 Apartments for Rent in Wood Park, MN with pricing that ranges from $1,119 to $2,875. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wood Park ranging from $1,275 to $3,495.
What is the current price range for Rental Homes in Wood Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wood Park ranges from $1,275 to $3,495 with an average monthly rent of $2,268.
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
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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
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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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
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Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.