
Cheap Apartments for Rent in the The Preserve Neighborhood of Chanhassen, MN from $800 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Preserve area of Chanhassen.


Chanhassen Village

Total Monthly Price
Venue on 78th

Heritage Park Apartments

Lake Susan Apartments

1321 Lake Dr W, Unit 313

770 W Village Rd, Unit 105

ChanView Estates

Powers Ridge
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.

7689 Nicholas Way

River City Centre Senior Apartments 55+

121 3rd Ave E, Unit 119.5 3rd Ave E Apt 2

Northridge Court-55+ Senior Housing

Cedar Creek Apartments

Total Monthly Price
Barbary Knoll Apartments

Total Monthly Price
The DECO

101 Lewis St S, Unit 2

Total Monthly Price
308 Lewis St S
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.

318 Lewis St S

Shakopee Flats

Total Monthly Price
Lake Jonathan Flats

Sun Lake & Sun Lake Woods

Total Monthly Price
508 Dakota St S, Unit 1

THE PLAZA at Hazeltine Apartments

Highland Shores Apartments

Total Monthly Price
Hazeltine Shores

Total Monthly Price
Springs at McKnight Lake
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.

Total Monthly Price
Chaska Place Apartments

Total Monthly Price
Crosstown Commons - Income Guidelines Apply

16 Thomas Ln

Shakopee Village Apartments

Perfect for those looking for cozy space!

Water's Edge Townhomes

Woodcrest Townhomes

Carver Ridge Townhomes

East Creek Carriage Homes
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.
The Preserve, Chanhassen, MN Local Guide

How much does it cost to rent an apartment in The Preserve?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Preserve Studio Apartments | $1,492 | $1,353 | $1,649 |
| The Preserve 1 Bedroom Apartments | $1,675 | $925 | $2,330 |
| The Preserve 2 Bedroom Apartments | $2,046 | $1,200 | $2,760 |
| The Preserve 3 Bedroom Apartments | $2,654 | $1,809 | $3,510 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 3 mile radius of the The Preserve Neighborhood of Chanhassen, MN.
See all Apartments in ChanhassenExplore Chanhassen
The Preserve, Chanhassen, MN Local Guide
- Nearby Chanhassen neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available The Preserve Apartments for Rent
 The cheapest available apartment rental in the The Preserve area of Minneapolis, MN is a 1 Bed unit found at Barbary Knoll Apartments priced from $1,386. Northridge Court-55+ Senior Housing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,394. Here are the most affordable The Preserve apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Barbary Knoll Apartments | 1 bd + Den Balcony | 1BR,1BA | $1,386 |
| Northridge Court-55+ Senior Housing | One Bedroom Plus Den | 1BR,1BA | $1,394 |
| Lake Jonathan Flats | Admiral | Studio,1BA | $1,433 |
| Shakopee Flats | West River- ADA | 1BR,1BA | $1,458 |
| THE PLAZA at Hazeltine Apartments | A1 - Sawgrass | 1BR,1BA | $1,505 |
| Gateway Place Apartments | 2BR | 2BR,1BA | $1,529 |
| Sun Lake & Sun Lake Woods | Chestnut | 1BR,1BA | $1,545 |
| Hazeltine Shores | The Jonathan | 1BR,1BA | $1,560 |
| Springs at McKnight Lake | Studio Grand Overlook | Studio,1BA | $1,580 |
| Lake Susan Apartments | Oak | 1BR,1BA | $1,586 |
Best Value Apartments for Rent in The Preserve, MN
As of June 05, 2026 the best value apartment in the The Preserve area is the $1.54 price per square foot Floorplan A Model at Highland Shores Apartments in the in the The Preserve neighborhood starting from $1,915. The second greatest value The Preserve apartment is the 2BR Model at Gateway Place Apartments starting at $1,529 with a $1.26 price per square foot in the The Preserve neighborhood. Here is today’s list of the best values for The Preserve apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Highland Shores Apartments | Floorplan A | 2BR,2BA | $1.54 |
| Gateway Place Apartments | 2BR | 2BR,1BA | $1.26 |
| Barbary Knoll Apartments | 2 bd Balcony | 2BR,1BA | $1.47 |
| Heritage Park Apartments | 2C - 2 Bedroom Corner | 2BR,2BA | $1.94 |
| Sun Lake & Sun Lake Woods | Chestnut | 1BR,1BA | $1.72 |
| Carver Ridge Townhomes | 2 Bed 1 Bath Townhome- Affordable | 2BR,1BA | $1.90 |
| Crosstown Commons - Income Guidelines Apply | 2 Bedroom | 2BR,1BA | $1.95 |
| Lake Susan Apartments | Oak | 1BR,1BA | $1.93 |
| Chaska Place Apartments | Harbor | 1BR,1BA | $1.94 |
| Northridge Court-55+ Senior Housing | One Bedroom Plus Den | 1BR,1BA | $1.98 |
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.
Best Local Schools in The Preserve, Chanhassen, MN
Chanhassen High School
Pioneer Ridge Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap The Preserve Apartments
What is a cheap apartment in The Preserve?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in The Preserve is under $1,586.
What is the price of a cheap apartment in The Preserve?
The cheapest apartment in The Preserve is Barbary Knoll Apartments which is listed at $1,386, while the average apartment in The Preserve costs $5,400.
What types of apartments are the cheapest in The Preserve?
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 5 regular apartments in The Preserve that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.