
Cheap Homes for Rent in Hopkins, MN from $1,000 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Hopkins.


810 9th Ave S

5911 Oxford St

930 Westbrooke Way

930 Westbrooke Way, Unit 930-1

10401 Cedar Lk Rd S

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.

818 Old Settlers Trl, Unit 818 Old Settlers Trl 7

5911 Oxford St, Unit 818 Old Settlers Trl, 7

818 Old Settlers Trail

7414 W 22nd St, Unit 112

10531 Cedar Lake Rd, Unit 213

10301 Cedar Lk Rd S

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.

1007 11th Ave S

1007 11th Ave S, Unit 1007 11th Ave S

935 11th Ave S, Unit 8

829 Old Settlers Trl, Unit 4

829 Old Settlers Trail

8724 Minnetonka Blvd

942 Westbrooke Way
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.

8724 Minnetonka Blvd
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 | $1,769 | $1,375 | $2,750 |
| Hopkins 3 Bedroom Homes for Rent | $2,565 | $2,200 | $3,295 |
| Hopkins 4 Bedroom Homes for Rent | $4,271 | $2,495 | $10,000+ |
| Hopkins 5 Bedroom Homes for Rent | $3,572 | $3,195 | $3,950 |
Browse Top Homes for Rent in Hopkins
Explore Hopkins
Hopkins, MN Local Guide
- Hopkins Neighborhoods
- Nearby Cities
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Cheapest Available Hopkins Apartments for Rent
 The cheapest available apartment rental in Hopkins, MN is a 1 Bed unit found at Trailway Apartments in the Creekside neighborhood priced from $925. 1210-1220 Cambridge St. (Hopkins) in the Hopkins neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Hopkins apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Trailway Apartments | Trailway Apartments - 8340-... | 1BR,1BA | $925 |
| 1210-1220 Cambridge St. (Hopkins) | 1b | 1BR,1BA | $999 |
| Hopkins Village Apartments | One Bedroom | 1BR,1BA | $1,018 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1,050 |
| Creek Point Apartments | Studio | Studio,1BA | $1,050 |
Best Value Apartments for Rent in Hopkins, MN
As of July 04, 2026 the best value apartment in the Hopkins area is the $1.44 price per square foot 2 Bedroom - B1 Model at Vernon Oaks Apartments in the in the Edina neighborhood starting from $1,619. The second greatest value Hopkins apartment is the Apollo Model at Edina Highland Villa starting at $1,650 with a $1.48 price per square foot in the Edina 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. |
|---|---|---|---|
| Vernon Oaks Apartments | 2 Bedroom - B1 | 2BR,2BA | $1.44 |
| Edina Highland Villa | Apollo | 2BR,2BA | $1.48 |
| Rosewood West | Two Bedroom | 2BR,1.75BA | $1.42 |
| Claremont Apartments | E1 | 2BR,2BA | $1.49 |
| Fine Living at Aquila Park & Royal Park | The Quartz | 2BR,1BA | $1.33 |
| Oakridge Apartments | 2S | 2BR,1BA | $1.47 |
| Putnam Properties in Hopkins | 2 Bedroom | 2BR,1BA | $1.40 |
| Minnetonka Hills Apartments | 1 Bedroom | 1BR,1BA | $1.41 |
| Gold Crest Apartments | 1 Bed - 1 Bath | 1BR,1BA | $1.50 |
| Rhode Island Chateau Apartments | 1 | 1BR,1BA | $1.48 |
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 $895 to $13,988. There are also 53 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 $2,708.
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 $1,700 to $11,607, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $3,295. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $3,100.
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

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.