
Cheap Apartments for Rent in the Park Valley Neighborhood of Hopkins, MN from $800 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Valley area of Hopkins.


Parkside Apartments

Central Park Manor

Putnam Properties in Hopkins

709 11th Ave S, Unit 6

918 9th Ave S

Town Terrace Apartments
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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.

Total Monthly Price
5th On Main

Total Monthly Price
The Hallon

Ovation Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

825 Old Settlers Trail

917 11th Ave S

806 Old Settlers Trail
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.

946 Westbrooke Way

906 9th Ave S

Total Monthly Price
Oaks Lincoln Apartments

Total Monthly Price
The Views of Minnetonka

Claremont Apartments
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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 | $1,511 | $1,147 | $1,840 |
| Park Valley 1 Bedroom Apartments | $1,636 | $988 | $2,175 |
| Park Valley 2 Bedroom Apartments | $2,133 | $1,189 | $3,400 |
| Park Valley 3 Bedroom Apartments | $2,724 | $1,970 | $3,250 |
Browse Apartments in this Neighborhood
There are currently 28 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $988. Central Park Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. 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 | $988 |
| Central Park Manor | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,099 |
| Cottages of Edina | Welcome to our beautiful 1 bedroom | 1BR,1BA | $1,295 |
| 5th On Main | Studio B Furnished | Studio,1BA | $1,300 |
| The Views of Minnetonka | The Bren | 1BR,1BA | $1,325 |
| Claremont Apartments | A | 1BR,1BA | $1,325 |
| The Hallon | Boyne (BLDG I) | Studio,1BA | $1,361 |
| Gallery Flats | 1A | 1BR,1BA | $1,560 |
| The Moline | One Bedroom - Excelsior | 1BR,1BA | $1,745 |
| Oaks Lincoln Apartments | 2 Bedroom - B2 | 2BR,2BA | $1,852 |
Best Value Apartments for Rent in Park Valley, MN
As of December 24, 2025 the best value apartment in the Park Valley area is the $1.45 price per square foot 2 Bedroom - B2 Model at Oaks Lincoln Apartments in the in the Creekside neighborhood starting from $1,852. The second greatest value Park Valley apartment is the Welcome to our beautiful 1 bedroom Model at Cottages of Edina starting at $1,295 with a $1.44 price per square foot in the Creekside 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. |
|---|---|---|---|
| Oaks Lincoln Apartments | 2 Bedroom - B2 | 2BR,2BA | $1.45 |
| Cottages of Edina | Welcome to our beautiful 1 bedroom | 1BR,1BA | $1.44 |
| Claremont Apartments | A | 1BR,1BA | $1.66 |
| The Moline | One Bedroom - Minnetonka | 1BR,1BA | $2.38 |
| The Views of Minnetonka | The Bren | 1BR,1BA | $1.75 |
| Central Park Manor | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.60 |
| Gallery Flats | S1 | Studio ,1BA | $2.54 |
| Hopkins Village Apartments | One Bedroom | 1BR,1BA | $1.71 |
| The Hallon | Bliss (BLDG II) | Studio ,1BA | $3.31 |
| 5th On Main | Studio B Furnished | Studio ,1BA | $4.33 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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
3.0Pet 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 $1,300.
How much is rent for a Cheap One Bedroom Park Valley Apartment?
The lowest price for a Cheap One Bedroom Park Valley Apartment is $988 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 $1,189 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 The Hallon and starts from $2,806.
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.

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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

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Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!









