Cheap Homes for Rent in Hopkins, MN from $1,200 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
Showing Results 1-9, Page 1 of 1

Hopkins, MN Local Guide

Cheapest Available Hopkins Apartments for Rent

 

The cheapest available apartment rental in Hopkins, MN is a Studio unit found at Fine Living at Aquila Park & Royal Park in the Creekside neighborhood priced from $1,020. Brentwood Park Townhomes in the Glen Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,030. Here is today’s list of the most affordable Hopkins apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fine Living at Aquila Park & Royal ParkThe OpalStudio,1BA$1,020
Brentwood Park TownhomesStudioStudio,1BA$1,030
Zelia on SevenA1-60 - Income Restrictions ApplyStudio,1BA$1,030

Best Value Apartments for Rent in Hopkins, MN

As of May 31, 2025 the best value apartment in the Hopkins area is the $1.41 price per square foot 2 Bedroom - B1 Model at Vernon Oaks Apartments in the in the Creekside neighborhood starting from $1,587. The second greatest value Hopkins apartment is the Birchwood Model at ReNew PARKone starting at $1,610 with a $1.43 price per square foot in the Shelard Park 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.
Vernon Oaks Apartments2 Bedroom - B12BR,2BA$1.41
ReNew PARKoneBirchwood2BR,2BA$1.43
Minnetonka Hills Apartments2 Bedroom 1 Bathroom2BR,1BA$1.52
Rhode Island Chateau ApartmentsTwo Bedroom1BR,1BA$1.45
WestsideVernon2BR,1BA$1.51
Avana MinnetonkaA1E1BR,1BA$1.48
Crown Ridge2Bed 1Bath2BR,1BA$1.20
Rosewood West1 Bedroom - Available Now!1BR,1BA$1.38
Knollwood Estates2 Bedroom2BR,1BA$1.39
RamsgateOxford1BR,1BA$1.47

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Hopkins

What type of rentals are currently available in Hopkins?

There are currently 231 Apartments for Rent in Hopkins, MN with pricing that ranges from $895 to $9,768. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hopkins ranging from $1,250 to $8,499.

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 $1,250 to $8,499 with an average monthly rent of $3,849.

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 $1,275 to $9,768, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,395.

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.