
Cheap Apartments for Rent in the Park Valley Neighborhood of Hopkins, MN from $800 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Valley area of Hopkins.


Town Terrace Apartments

Putnam Properties in Hopkins

813 11th Ave S, Unit 3

1210-1220 Cambridge St. (Hopkins)

Second Street Station

819 Smetana Rd, Unit 5
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.

Ovation Apartments

807 Smetana Rd
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.

912 9th Ave S

802 Old Settlers Trail

908 9th Ave S

Oaks Lincoln Apartments

The Townline
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Minnetonka Station

Alcott

The Views of Minnetonka

Claremont Apartments
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 | $1,459 | $1,040 | $2,140 |
Park Valley 1 Bedroom Apartments | $1,751 | $1,050 | $2,482 |
Park Valley 2 Bedroom Apartments | $2,248 | $1,345 | $3,724 |
Park Valley 3 Bedroom Apartments | $2,574 | $1,800 | $3,993 |
Park Valley 4 Bedroom Apartments | $2,444 | $2,389 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 31 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
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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 Studio unit found at Brentwood Park Townhomes priced from $1,030. 1210-1220 Cambridge St. (Hopkins) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable Park Valley apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Brentwood Park Townhomes | Studio | Studio,1BA | $1,030 |
1210-1220 Cambridge St. (Hopkins) | 1b/L | 1BR,1BA | $1,125 |
Second Street Station | 1 bedroom | 1BR,1BA | $1,189 |
The Townline | Sanibel | Studio,1BA | $1,207 |
5th On Main | Studio B | Studio,1BA | $1,300 |
Ovation Apartments | Vox (A) | Studio,1BA | $1,319 |
Greenfield | Hartley | 1BR,1BA | $1,345 |
The Views of Minnetonka | The Bren | 1BR,1BA | $1,395 |
Claremont Apartments | B | 1BR,1BA | $1,450 |
Bren Road Station 55+ Apartments | Two Bedroom E | 2BR,2BA | $1,628 |
Best Value Apartments for Rent in Park Valley, MN
As of May 24, 2025 the best value apartment in the Park Valley area is the $1.53 price per square foot B Model at Claremont Apartments in the in the Glen Lake neighborhood starting from $1,450. The second greatest value Park Valley apartment is the Two Bedroom A Model at Bren Road Station 55+ Apartments starting at $1,628 with a $1.73 price per square foot in the Glen Lake 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. |
---|---|---|---|
Claremont Apartments | B | 1BR,1BA | $1.53 |
Bren Road Station 55+ Apartments | Two Bedroom A | 2BR,2BA | $1.73 |
Greenfield | Hartley | 1BR,1BA | $1.67 |
The Moline Apartments | Minnetonka | 1BR,1BA | $2.58 |
The Views of Minnetonka | The Bren | 1BR,1BA | $1.84 |
The Loden | 1 Bed 1 Bath Oasis | 1BR,1BA | $2.31 |
1210-1220 Cambridge St. (Hopkins) | 1b/L | 1BR,1BA | $1.55 |
Alcott | Ivy | 1BR,1BA | $2.63 |
Second Street Station | 1 bedroom | 1BR,1BA | $1.83 |
The Townline | Hummingbird | 1BR,1BA | $2.50 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePark Valley, Hopkins, MN
Ranked #6
Among neighborhoods in Hopkins, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Park Valley Apartments
What is a cheap apartment in Park Valley?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park Valley is under $1,628.
What is the price of a cheap apartment in Park Valley?
The cheapest apartment in Park Valley is 1210-1220 Cambridge St. (Hopkins) which is listed at $1,125, while the average apartment in Park Valley costs $2,444.
What types of apartments are the cheapest in Park Valley?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 13 regular apartments in Park Valley that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Park Valley?
Cheap apartments in Park Valley have an average cost of $486 which is $1,958 cheaper than the average rent for all rentals in Park Valley.
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.

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.

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.

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.

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.