Cheap Apartments for Rent in the Parkwood Knolls Neighborhood of Minneapolis, MN from $652 (69 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkwood Knolls area of Minneapolis.

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Arbor Court
1 to 3 Bedroom Apartments

Arbor Court

3755 S Wooddale AveMinneapolis, MN 55416
Corporate Housing
  • Utilities Included
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Brentwood Park Townhomes
Rent Specials
$1,053 - $2,274
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,049 - $2,270
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Brentwood Park Townhomes

1301 Highway 7Hopkins, MN 55305
Affordability
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Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

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ReNew Knollwood
$1,069 - $2,299
Total Monthly Price

Total Monthly Price

Base Rent
$1,069 - $2,299

Total Monthly Price
$1,069 - $2,299
Studio to 2 Bedroom Apartments Available Now

ReNew Knollwood

320 Blake Rd NHopkins, MN 55343
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Ramsgate
Rent Specials
$1,100 - $1,710
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,710

Total Monthly Price
$1,100 - $1,710
1 to 3 Bedroom Apartments Available Now

Ramsgate

700 Cambridge StHopkins, MN 55343
Active Lifestyle
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  • Utilities Included
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Hiawatha Court
$1,128
Total Monthly Price

Total Monthly Price

Base Rent
$1,115
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Oct 1

Hiawatha Court

1120 Hiawatha AveHopkins, MN 55343
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Era on Excelsior
Rent Specials
$1,139 - $3,504
Total Monthly Price

Total Monthly Price

Base Rent
$1,135 - $3,500
Required Monthly Fees
$4

Total Monthly Price
$1,139 - $3,504
Studio to 2 Bedroom Apartments Available Now

Era on Excelsior

6922 Meadowbrook BlvdSt. Louis Park, MN 55426
Active Lifestyle
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  • Utilities Included
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Westside
Rent Specials
$1,145 - $1,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,800

Total Monthly Price
$1,145 - $1,800
1 to 3 Bedroom Apartments Available Now

Westside

97 Blake Rd NHopkins, MN 55343
Pet Friendly
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  • Utilities Included

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Oaks Lincoln Apartments
$1,152 - $2,194
Total Monthly Price

Total Monthly Price

Base Rent
$1,138 - $2,180
Required Monthly Fees
$14

Total Monthly Price
$1,152 - $2,194
Studio to 3 Bedroom Apartments Available Oct 9

Oaks Lincoln Apartments

5200 Lincoln DrEdina, MN 55436
Eco-Friendly
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Creekwood Estates
$1,170 - $1,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,170 - $1,800

Total Monthly Price
$1,170 - $1,800
Studio to 3 Bedroom Apartments Available Now

Creekwood Estates

1328 Lake StHopkins, MN 55343
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5th On Main
Rent Specials
$1,196 - $1,840
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,196 - $1,840

Total Monthly Price
$1,196 - $1,840
Studio Apartments Available Now

5th On Main

517 MainstreetHopkins, MN 55343
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property at 930 Westbrooke Way

$1,225

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,225

Total Monthly Price
$1,225

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

930 Westbrooke Way, Unit 930-2

930 Westbrooke Way
HopkinsMN55343
property at 901 11th Ave S

$1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

property at 901 11th Ave S

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

901 11th Ave S

HopkinsMN55343

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

Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

property at 5911 Oxford St

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

5911 Oxford St, Unit 818 Old Settlers Trl, 7

5911 Oxford St
St. Louis ParkMN55416
property at 709 11th Ave S

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

709 11th Ave S

HopkinsMN55343
property at 932 Westbrooke Way

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

932 Westbrooke Way

HopkinsMN55343
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Alcott
Rent Specials
$1,357 - $4,055
Total Monthly Price

Total Monthly Price

Base Rent
$1,334 - $4,032
Required Monthly Fees
$23

Total Monthly Price
$1,357 - $4,055
Studio to 3 Bedroom Apartments Available Now

Alcott

11050 Red Circle DrMinnetonka, MN 55343
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Edina Highland Villa
$1,390 - $2,665
Total Monthly Price

Total Monthly Price

Base Rent
$1,390 - $2,665

Total Monthly Price
$1,390 - $2,665
1 to 3 Bedroom Apartments Available Now

Edina Highland Villa

5250 Villa WayEdina, MN 55436
Outdoors
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Carriage House Apartments
Rent Specials
$1,395 - $2,350
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,395 - $2,350

Total Monthly Price
$1,395 - $2,350
1 to 3 Bedroom Apartments Available Sep 1

Carriage House Apartments

400-500 Cambridge StHopkins, MN 55343
Eco-Friendly
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property at 1007 11th Ave S

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Condo for Rent

Available Now

1007 11th Ave S, Unit 1007 11th Ave S

1007 11th Ave S
HopkinsMN55343

Parkwood Knolls - One of the Best Affordable Neighborhoods in Minneapolis

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

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The Views of Minnetonka
$1,420 - $2,275
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $2,275

Total Monthly Price
$1,420 - $2,275
1 to 3 Bedroom Apartments Available Aug 31

The Views of Minnetonka

5445-5455 Smetana RdMinnetonka, MN 55343
Pet Friendly
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The Hallon
Rent Specials
$1,443 - $5,302
Total Monthly Price

Total Monthly Price

Base Rent
$1,360 - $5,219
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Hallon

8594 Excelsior BlvdHopkins, MN 55343
Corporate Housing
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Minnetonka Station
Rent Specials
$1,445 - $4,653
Total Monthly Price

Total Monthly Price

Base Rent
$1,445 - $4,653

Total Monthly Price
$1,445 - $4,653
Studio to 2 Bedroom Apartments Available Now

Minnetonka Station

10400 E Bren RdMinnetonka, MN 55343
Outdoors
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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

935 11th Ave S
HopkinsMN55343
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Oakridge Apartments
$1,495
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495
2 Bedroom Apartments Contact Us For Availability

Oakridge Apartments

640 Oak Ridge RdHopkins, MN 55305
Cost Per Sq.Ft.
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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.

Parkwood Knolls, Minneapolis, MN Local Guide

Cheapest Available Parkwood Knolls Apartments for Rent

 

The cheapest available apartment rental in the Parkwood Knolls area of Minneapolis, MN is a 1 Bed unit found at Hopkins Village Apartments priced from $1,018. The Burnes Building has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,027. Here are the most affordable Parkwood Knolls apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Hopkins Village ApartmentsOne Bedroom1BR,1BA$1,018
The Burnes BuildingPossibility1BR,1BA$1,027
The Dubliner1 Bedroom1BR,1BA$1,050
Creek Point ApartmentsStudioStudio,1BA$1,050
Cambridge Towers ApartmentsStudioStudio,1BA$1,075
1510 on Main1 Bedroom 1 Bathroom1BR,1BA$1,100
RamsgateOxford1BR,1BA$1,100
Era on ExcelsiorDrive - Income Restrictions Apply1BR,1BA$1,139
WestsideNolan1BR,1BA$1,145
1210-1220 Cambridge St. (Hopkins)1b/L1BR,1BA$1,150

Best Value Apartments for Rent in Parkwood Knolls, MN

As of August 24, 2026 the best value apartment in the Parkwood Knolls 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 Parkwood Knolls apartment is the Two Bedroom Model at Rosewood West starting at $1,565 with a $1.42 price per square foot in the Hopkins neighborhood. Here is today’s list of the best values for Parkwood Knolls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cottages of Edina2,000 sq. foot beautiful townhome3BR,2BA$1.10
Rosewood WestTwo Bedroom2BR,1.75BA$1.42
Claremont ApartmentsB1BR,1BA$1.57
Gold Crest Apartments1 Bed - 1 Bath1BR,1BA$1.50
Parkside Apartments2 BR - 35 Building2BR,1BA$1.63
1510 on Main1 Bedroom 1 Bathroom1BR,1BA$1.47
RamsgateOxford1BR,1BA$1.47
1210-1220 Cambridge St. (Hopkins)1b/L1BR,1BA$1.59
WestsideNolan1BR,1BA$1.61
The Dubliner1 Bedroom1BR,1BA$1.50

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.

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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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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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Pet Friendly Lifestyle
Parkwood Knolls, Minneapolis, MN

Ranked #77

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Western Minneapolis-St. Paul, MN. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, multifamily communities for the kids, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Parkwood Knolls Apartments

What is the Cheapest Studio apartment in Parkwood Knolls?

Currently the most affordable Cheap Studio Apartment in Parkwood Knolls is at Creek Point Apartments listed at $1,050.

How much is rent for a Cheap One Bedroom Parkwood Knolls Apartment?

The lowest price for a Cheap One Bedroom Parkwood Knolls Apartment is $1,018 at Hopkins Village Apartments.

What is the lowest price for a Cheap Two Bedroom Parkwood Knolls Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Parkwood Knolls is starting from $1,231 at Hopkins Village Apartments.

What is the most affordable Parkwood Knolls Three Bedroom Apartment?

The best deal on a cheap Parkwood Knolls Three Bedroom Apartment rental is at Bren Road Station 55+ Apartments and starts from $1,829.

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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Written by: Stephanie Lica

Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.

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

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

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

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

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

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