
Cheap Apartments for Rent in the Park Valley Neighborhood of Hopkins, MN from $800 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Valley area of Hopkins.


The Dubliner

Town Terrace Apartments

Putnam Properties in Hopkins

1510 on Main

Total Monthly Price
5th On Main
Rent According to Income: A Look at Income-Restricted Rentals
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930 Westbrooke Way, Unit 930-2

802 Old Settlers Trl, Unit 8

Parkside Apartments

932 Westbrooke Way

932 Westbrooke Way

105 13th Ave S
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Loon Apartments

RJZ Apartments

921-941 11th Ave. S

Lamplighter Village Apartments

The Burnes Building

Westbrooke Condos
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1023 Smetana Rd

Gold Crest Apartments

930 Westbrooke Way

818 Old Settlers Trail

Total Monthly Price
Oaks Lincoln Apartments

Claremont Apartments
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.

Cottages of Edina
Park Valley, Hopkins, MN Local Guide

How much does it cost to rent an apartment in Park Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Valley Studio Apartments | $1,590 | $1,152 | $2,113 |
| Park Valley 1 Bedroom Apartments | $1,552 | $1,018 | $2,725 |
| Park Valley 2 Bedroom Apartments | $2,071 | $1,231 | $3,350 |
| Park Valley 3 Bedroom Apartments | $2,992 | $2,010 | $3,998 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 1 mile radius of the Park Valley Neighborhood of Hopkins, MN.
See all Apartments in HopkinsExplore Hopkins
Park Valley, Hopkins, MN Local Guide
- Nearby Hopkins neighborhoods
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Cheapest Available Park Valley Apartments for Rent
 The cheapest available apartment rental in the Park Valley area of Minneapolis, MN is a 1 Bed unit found at Hopkins Village Apartments priced from $1,018. The Dubliner has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Park Valley apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hopkins Village Apartments | One Bedroom | 1BR,1BA | $1,018 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1,050 |
| 1510 on Main | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,125 |
| 5th On Main | Studio C | Studio,1BA | $1,196 |
| Gold Crest Apartments | 1 Bed - 1 Bath | 1BR,1BA | $1,249 |
Best Value Apartments for Rent in Park Valley, MN
As of July 27, 2026 the best value apartment in the Park Valley area is the $1.10 price per square foot 2,000 sq. foot beautiful townhome Model at Cottages of Edina in the in the Edina neighborhood starting from $2,195. The second greatest value Park Valley apartment is the Two Bedroom - Wayside Model at The Moline starting at $2,510 with a $2.26 price per square foot in the Hopkins neighborhood. Here is today’s list of the best values for Park Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cottages of Edina | 2,000 sq. foot beautiful townhome | 3BR,2BA | $1.10 |
| The Moline | Two Bedroom - Wayside | 2BR,2BA | $2.26 |
| Gold Crest Apartments | 1 Bed - 1 Bath | 1BR,1BA | $1.50 |
| Claremont Apartments | A | 1BR,1BA | $1.67 |
| Parkside Apartments | 2 BR - 35 Building | 2BR,1BA | $1.63 |
| 1510 on Main | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.50 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1.50 |
| Gallery Flats | S2 | Studio ,1BA | $2.65 |
| Hopkins Village Apartments | One Bedroom | 1BR,1BA | $1.76 |
| Ovation | Astor (B) | Studio ,1BA | $3.23 |
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 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.
Pet Friendly LifestylePark Valley, Hopkins, MN
Ranked #6
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Park Valley Apartments
What is the Cheapest Studio apartment in Park Valley?
Currently the most affordable Cheap Studio Apartment in Park Valley is at 5th On Main listed at $1,196.
How much is rent for a Cheap One Bedroom Park Valley Apartment?
The lowest price for a Cheap One Bedroom Park Valley Apartment is $1,018 at Hopkins Village Apartments.
What is the lowest price for a Cheap Two Bedroom Park Valley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Park Valley is starting from $1,231 at Hopkins Village Apartments.
What is the most affordable Park Valley Three Bedroom Apartment?
The best deal on a cheap Park Valley Three Bedroom Apartment rental is at Cottages of Edina and starts from $2,195.
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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Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
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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.

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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.

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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.