
Cheap Homes for Rent in Hopkins, MN from $1,000 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Hopkins.


709 11th Ave S, Unit 6, Unit 6

810 9th Ave S

1006 Westbrooke Way

930 Westbrooke Way, Unit 930-1, Unit 930-1

1023 Smetana Rd
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.

926 Westbrooke Way

806 Old Settlers Trail

7414 W 22nd St, Unit 112, Unit 112

10401 Cedar Lk Rd S, Unit Unit 505

10531 Cedar Lake Rd, Unit 213, Unit 213

932 Westbrooke Way
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.

935 11th Ave S, Unit 8, Unit 8

10451 Greenbrier Rd

10441 Greenbrier Rd, Unit 318, Unit 318

942 Westbrooke Way

8724 Minnetonka Blvd

10531 Cedar Lk Rd S, Unit 312, Unit 312
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.
Hopkins, MN Local Guide

How much does it cost to rent a home in Hopkins?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hopkins 2 Bedroom Homes for Rent | $1,560 | $1,325 | $1,995 |
| Hopkins 3 Bedroom Homes for Rent | $2,551 | $2,099 | $3,150 |
| Hopkins 4 Bedroom Homes for Rent | $4,983 | $2,695 | $10,000+ |
| Hopkins 5 Bedroom Homes for Rent | $4,100 | $4,100 | $4,100 |
Browse Top Homes for Rent in Hopkins
Explore Hopkins
Hopkins, MN Local Guide
- Hopkins Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Hopkins Apartments for Rent
 The cheapest available apartment rental in Hopkins, MN is a 1 Bed unit found at Hiawatha Court in the Creekside neighborhood priced from $1,008. Hopkins Village Apartments in the Glen Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,018. Here is today’s list of the most affordable Hopkins apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hiawatha Court | 1 Bedroom | 1BR,1BA | $1,008 |
| Hopkins Village Apartments | One Bedroom | 1BR,1BA | $1,018 |
| Knollwood Towers East Apartments | Studio | Studio,1BA | $1,024 |
| Ramsgate | Oxford | 1BR,1BA | $1,025 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Hopkins, MN
As of May 20, 2026 the best value apartment in the Hopkins area is the $1.42 price per square foot 2237 Hampshire Ave S Model at 2237 Hampshire Ave S, Unit 2 in the in the Elmwood neighborhood starting from $2,600. The second greatest value Hopkins apartment is the B2WSH Model at Avana Minnetonka starting at $2,081 with a $1.44 price per square foot in the Groveland neighborhood. Here is today’s list of the best values for Hopkins apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2237 Hampshire Ave S, Unit 2 | 2237 Hampshire Ave S | 3BR,2BA | $1.42 |
| Avana Minnetonka | B2WSH | 2BR,2.5BA | $1.44 |
| Rosewood West | 2 Bedroom - Available in May!! | 2BR,2BA | $1.37 |
| Fine Living at Aquila Park & Royal Park | The Quartz | 2BR,1BA | $1.38 |
| Claremont Apartments | E1 | 2BR,2BA | $1.46 |
| Oakridge Apartments | 2S | 2BR,1BA | $1.47 |
| Minnetonka Hills Apartments | 1 Bedroom | 1BR,1BA | $1.37 |
| Aquila Flats | 2BR/1.0BA | 2BR,1BA | $1.32 |
| Westside | Chase | 2BR,1.5BA | $1.38 |
| Knollwood Estates | 2 Bedroom | 2BR,1BA | $1.41 |
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 ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hopkins, MN Rentals by Map
See the most popular apartments and homes in Hopkins, MN
Frequently Asked Questions about Hopkins
What type of rentals are currently available in Hopkins?
There are currently 227 Apartments for Rent in Hopkins, MN with pricing that ranges from $1,008 to $11,337. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hopkins ranging from $1,050 to $13,995.
What is the current price range for Rental Homes in Hopkins?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hopkins ranges from $1,050 to $13,995 with an average monthly rent of $2,897.
How much are larger Three and Four Bedroom Rentals in Hopkins?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hopkins range from $1,643 to $11,337, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,099 to $3,150. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $2,395.
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

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.