
Cheap Apartments for Rent in the The Preserve Neighborhood of Chanhassen, MN from $850 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Preserve area of Chanhassen.


Gateway Place Apartments

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Venue on 78th

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Heritage Park Apartments

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Lake Susan Apartments

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Powers Ridge Rental Condos

7648 Century Blvd

ChanView Estates

2991 Village Ln
Rent According to Income: A Look at Income-Restricted Rentals
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770 W Village Rd

Powers Ridge

475 Moers Cir

River City Centre Senior Apartments 55+

Cedar Creek Apartments

Northridge Court-55+ Senior Housing

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Barbary Knoll Apartments

Shakopee Flats

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The DECO
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Crosstown Commons - Income Guidelines Apply

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Lake Jonathan Flats

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Springs at McKnight Lake

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Sun Lake & Sun Lake Woods

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Hazeltine Shores

Highland Shores Apartments

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Chaska Place Apartments

THE PLAZA at Hazeltine Apartments

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Lake Hazeltine Woods
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1603 Geske Rd

8457 Kimball Dr

Shakopee Village Apartments

Water's Edge Townhomes

Aspen Oaks

Woodcrest Townhomes

Carver Ridge Townhomes

East Creek Carriage Homes

Chaska Heights Senior Living
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1035 Bluff Ave E

19115 Homestead Cir
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 | $1,480 | $1,401 | $1,575 |
| The Preserve 1 Bedroom Apartments | $1,638 | $995 | $2,330 |
| The Preserve 2 Bedroom Apartments | $2,101 | $1,368 | $2,760 |
| The Preserve 3 Bedroom Apartments | $2,666 | $1,809 | $3,510 |
Browse Apartments in this Neighborhood
There are currently 38 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
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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 Northridge Court-55+ Senior Housing priced from $1,208. Chanhassen Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. Here are the most affordable The Preserve apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Northridge Court-55+ Senior Housing | One Bedroom One Bath | 1BR,1BA | $1,208 |
| Chanhassen Village | 1BR 1BA -1 | 1BR,1BA | $1,230 |
| Gateway Place Apartments | 1BR | 1BR,1BA | $1,278 |
| Shakopee Flats | Knife River | 1BR,1BA | $1,387 |
| Barbary Knoll Apartments | 1 bd + Den Walkout Patio | 1BR,1BA | $1,401 |
| Crosstown Commons - Income Guidelines Apply | 1 Bedroom | 1BR,1BA | $1,436 |
| The DECO | Wright | Studio,1BA | $1,502 |
| Sun Lake & Sun Lake Woods | Chestnut | 1BR,1BA | $1,545 |
| Highland Shores Apartments | Floorplan G | 1BR,1BA | $1,580 |
| Hazeltine Shores | The Auburn | 1BR,1BA | $1,595 |
Best Value Apartments for Rent in The Preserve, MN
As of September 07, 2026 the best value apartment in the The Preserve area is the $1.90 price per square foot Red Maple Model at Chaska Place Apartments in the in the Highland Shores neighborhood starting from $2,081. The second greatest value The Preserve apartment is the Harbor Model at Lake Jonathan Flats starting at $2,158 with a $1.99 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. |
|---|---|---|---|
| Chaska Place Apartments | Red Maple | 2BR,2BA | $1.90 |
| Lake Jonathan Flats | Harbor | 2BR,2BA | $1.99 |
| Lake Susan Apartments | Maple | 2BR,1BA | $1.78 |
| Heritage Park Apartments | 2S - 2 Bedroom Split | 2BR,2BA | $2.00 |
| Barbary Knoll Apartments | 1 bd + Den Balcony | 1BR,1BA | $1.49 |
| Gateway Place Apartments | 1BR | 1BR,1BA | $1.43 |
| Sun Lake & Sun Lake Woods | Elm | 1BR,1BA | $1.89 |
| Highland Shores Apartments | Floorplan G | 1BR,1BA | $1.90 |
| Northridge Court-55+ Senior Housing | One Bedroom Plus Den | 1BR,1BA | $1.94 |
| Chanhassen Village | 1BR 1BA -1 | 1BR,1BA | $1.76 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 $1,595.
What is the price of a cheap apartment in The Preserve?
The cheapest apartment in The Preserve is Northridge Court-55+ Senior Housing which is listed at $1,208, while the average apartment in The Preserve costs $1,895.
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 9 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

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Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.