Cheap Homes for Rent in Edina, MN from $1,200 (22 Rentals)

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Search the lowest-cost Homes available for rent right now in Edina.

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 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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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.

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Edina, MN Local Guide

Cheapest Available Edina Apartments for Rent

 

The cheapest available apartment rental in Edina, MN is a Studio unit found at Brittany Apartments in the West Calhoun neighborhood priced from $925. Penn Apartments in the East Edina neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Edina apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brittany ApartmentsStudioStudio,1BA$925
Penn Apartments1BR/1.0BA1BR,1BA$975
Hopkins Village ApartmentsOne Bedroom1BR,1BA$988
Hiawatha Court1 Bedroom1BR,1BA$995
1210-1220 Cambridge St. (Hopkins)1b1BR,1BA$999

Best Value Apartments for Rent in Edina, MN

As of July 23, 2025 the best value apartment in the Edina area is the $1.32 price per square foot The Berkshire Model at 2920 Dean Parkway Apartments in the in the Calhoun Isles neighborhood starting from $1,810. The second greatest value Edina apartment is the 2 Bedroom 1.5 Bath Townhouse Model at Villa Capri starting at $1,725 with a $1.44 price per square foot in the West Calhoun neighborhood. Here is today’s list of the best values for Edina apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2920 Dean Parkway ApartmentsThe Berkshire2BR,1BA$1.32
Villa Capri2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.44
Edina Highland VillaApollo2BR,2BA$1.46
Granite Place-1011-110132 Bed/ 2 Bath N2BR,2BA$1.41
Stanley Terrace Apartments2 Bedroom B2BR,1.5BA$1.29
Town Terrace Apartments2 BR/ 1 BA2BR,1BA$1.33
2215 W 74th St1 Bed, 1 Bath1BR,1BA$1.05
RamsgateDover2BR,1BA$1.39
Park EmbassyOne Bedroom1BR,1BA$1.44
2629 W 43rdNot Available1BR,1BA$1.40

Quick 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.

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Frequently Asked Questions about Edina

What type of rentals are currently available in Edina?

There are currently 505 Apartments for Rent in Edina, MN with pricing that ranges from $925 to $15,685. There are also 95 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edina ranging from $1,200 to $19,500.

What is the current price range for Rental Homes in Edina?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Edina ranges from $1,200 to $19,500 with an average monthly rent of $3,453.

How much are larger Three and Four Bedroom Rentals in Edina?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Edina range from $1,550 to $9,345, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $4,895. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $2,595.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.