Cheap Homes for Rent in Hopkins, MN from $1,000 (18 Rentals)

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

property at 709 11th Ave S

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

709 11th Ave S, Unit 6, Unit 6

709 11th Ave S
HopkinsMN55343
property at 1006 Westbrooke Way

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

1006 Westbrooke Way

HopkinsMN55343
property at 1023 Smetana Rd

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

1 Bedroom Rentals

Available Jun 1

1023 Smetana Rd

HopkinsMN55343

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.

property at 926 Westbrooke Way

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

926 Westbrooke Way

HopkinsMN55343
property at 806 Old Settlers Trail

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

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.

property at 935 11th Ave S

$1,460

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,460

Total Monthly Price
$1,460

2 Bedroom, 1 Bath Condo for Rent

Available Now

935 11th Ave S, Unit 8, Unit 8

935 11th Ave S
HopkinsMN55343
property at 942 Westbrooke Way

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Condo for Rent

Available Jun 1

942 Westbrooke Way

HopkinsMN55343
property at 8724 Minnetonka Blvd

$1,595

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1 Bath Home for Rent

Available Now

8724 Minnetonka Blvd

MinneapolisMN55426

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

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 ListingModel NameBed/BathPriced From
Hiawatha Court1 Bedroom1BR,1BA$1,008
Hopkins Village ApartmentsOne Bedroom1BR,1BA$1,018
Knollwood Towers East ApartmentsStudioStudio,1BA$1,024
RamsgateOxford1BR,1BA$1,025
The Dubliner1 Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
2237 Hampshire Ave S, Unit 22237 Hampshire Ave S3BR,2BA$1.42
Avana MinnetonkaB2WSH2BR,2.5BA$1.44
Rosewood West2 Bedroom - Available in May!!2BR,2BA$1.37
Fine Living at Aquila Park & Royal ParkThe Quartz2BR,1BA$1.38
Claremont ApartmentsE12BR,2BA$1.46
Oakridge Apartments2S2BR,1BA$1.47
Minnetonka Hills Apartments1 Bedroom1BR,1BA$1.37
Aquila Flats2BR/1.0BA2BR,1BA$1.32
WestsideChase2BR,1.5BA$1.38
Knollwood Estates2 Bedroom2BR,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 Article
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Enjoy 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.

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Real 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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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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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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Written by: Stephanie Lica

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

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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.

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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.

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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.

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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.