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Cheap Apartments for Rent in the Parkwood Knolls Neighborhood of Minneapolis, MN from $600 (66 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkwood Knolls area of Minneapolis.
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$950
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Jan 1, 2026Total Monthly Price
Base Rent
$950
Total Monthly Price
$950
529 17th Ave N, Unit 1 bedroom
529 17th Ave NHopkins, MN 55305
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$988 - $1,189
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowHopkins Village Apartments
9 7th Ave SHopkins, MN 55343
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$995 - $1,050
Plus Fees
1 Bedroom Apartments Available NowVillager Apartments
601 17th Ave NHopkins, MN 55305
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$999
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Feb 1, 20261210-1220 Cambridge St. (Hopkins)
1210-1220 Cambridge StHopkins, MN 55343
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$1,034 - $2,239
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,025 - $2,230
Required Monthly Fees
$9
Total Monthly Price
$1,034 - $2,239
Brentwood Park Townhomes
1301 Highway 7Hopkins, MN 55305
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Rent Specials
$1,050 - $1,250
Plus Fees9 Month Lease Term
1 to 2 Bedroom Apartments Available NowTown Terrace Apartments
9900 Excelsior BlvdHopkins, MN 55343
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$1,060
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowTrailside Apartments
335 17th Ave NHopkins, MN 55343
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.
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Rent Specials
$1,062 - $1,087
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,050 - $1,075
Required Monthly Fees
$12
Total Monthly Price
$1,062 - $1,087
Hiawatha Court
1120 Hiawatha AveHopkins, MN 55343
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Rent Specials
$1,114 - $3,399
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,110 - $3,395
Required Monthly Fees
$4
Total Monthly Price
$1,114 - $3,399
Era on Excelsior
6922 Meadowbrook BlvdSt. Louis Park, MN 55426
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$1,125 - $1,145
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Jan 1, 2026Putnam Properties in Hopkins
33 6th Ave NHopkins, MN 55343
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Rent Specials
$1,146 - $1,544
Plus Fees
Studio to 2 Bedroom Apartments Available NowKnollwood Towers West Apartments
1010 Lake St NEHopkins, MN 55343
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$1,147 - $2,189
Total Monthly Price
Studio to 3 Bedroom Apartments Available Dec 30Total Monthly Price
Base Rent
$1,138 - $2,180
Required Monthly Fees
$9
Total Monthly Price
$1,147 - $2,189
Oaks Lincoln Apartments
5200 Lincoln DrEdina, MN 55436
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Rent Specials
$1,150 - $1,775
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,150 - $1,775
Total Monthly Price
$1,150 - $1,775
Creekwood Estates
1328 Lake StHopkins, MN 55343
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Rent Specials
$1,189 - $1,219
Plus Fees
1 Bedroom Apartments Available NowSecond Street Station
1015 2nd St NEHopkins, MN 55343
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$1,199 - $1,550
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowOakridge Apartments
640 Oak Ridge RdHopkins, MN 55305
806 Old Settlers Trail
HopkinsMN55343
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Rent Specials
$1,212 - $2,781
Plus Fees
Studio to 2 Bedroom Apartments Available NowMinnetonka Station
10400 E Bren RdMinnetonka, MN 55343
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.
918 9th Ave S
HopkinsMN55343
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Rent Specials
$1,240 - $1,500
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowRosewood West
460 5th Ave NHopkins, MN 55343
930 Westbrooke Way, Unit 930-2
930 Westbrooke Way
HopkinsMN55343
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Rent Specials
$1,280 - $1,840
Plus Fees
Studio to 2 Bedroom Apartments Available NowClaremont Apartments
10745 Smetana RdMinnetonka, MN 55343
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Rent Specials
$1,285 - $1,750
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,285 - $1,750
Total Monthly Price
$1,285 - $1,750
Westside
97 Blake Rd NHopkins, MN 55343
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$1,295 - $3,322
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,295 - $3,322
Total Monthly Price
$1,295 - $3,322
The Townline
10950 Red Circle DrMinnetonka, MN 55343
802 Old Settlers Trl, Unit 8
802 Old Settlers Trl
HopkinsMN55343
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Rent Specials
$1,300 - $1,840
Total Monthly Price6 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,300 - $1,840
Total Monthly Price
$1,300 - $1,840
5th On Main
517 MainstreetHopkins, MN 55343
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$1,334 - $2,343
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,326 - $2,335
Required Monthly Fees
$8
Total Monthly Price
$1,334 - $2,343
Park at City West Apartments
6426 City West PkyEden Prairie, MN 55344
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Rent Specials
$1,349 - $4,047
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,334 - $4,032
Required Monthly Fees
$15
Total Monthly Price
$1,349 - $4,047
Alcott
11050 Red Circle DrMinnetonka, MN 55343
Cash 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.
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Rent Specials
$1,375 - $2,640
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,375 - $2,640
Total Monthly Price
$1,375 - $2,640
Edina Highland Villa
5250 Villa WayEdina, MN 55436
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$1,395 - $2,320
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,395 - $2,320
Total Monthly Price
$1,395 - $2,320
The Views of Minnetonka
5445-5455 Smetana RdMinnetonka, MN 55343
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Rent Specials
$1,395 - $2,350
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowCarriage House Apartments
400-500 Cambridge StHopkins, MN 55343
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$1,422 - $1,971
Plus Fees
1 to 3 Bedroom Apartments Available NowBren Road Station 55+ Apartments
11001 Bren Rd EMinnetonka, MN 55343
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Rent Specials
$1,438 - $3,306
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,417 - $3,285
Required Monthly Fees
$21
Total Monthly Price
$1,438 - $3,306
The Loden
5995 Lincoln DrEdina, MN 55436
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$1,460 - $3,180
Plus Fees
1 to 3 Bedroom Apartments Available Dec 15Auburn Townhomes
601 N Van Buren TrlHopkins, MN 55343
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$1,460 - $3,402
Plus Fees
1 to 2 Bedroom Apartments Available NowRize at Opus Park
10101 Bren Rd EMinnetonka, MN 55343
24 16th Ave N
HopkinsMN55343
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Rent Specials
$1,495 - $2,124
Plus Fees
Studio to 2 Bedroom Apartments Available NowOvation Apartments
1118 MainstreetHopkins, MN 55343
1025 Smetana Rd, Unit 3
1025 Smetana Rd
HopkinsMN55343
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.
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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.
Parkwood Knolls, Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent an apartment in Parkwood Knolls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkwood Knolls Studio Apartments | $1,414 | $1,034 | $1,840 |
| Parkwood Knolls 1 Bedroom Apartments | $1,667 | $950 | $3,203 |
| Parkwood Knolls 2 Bedroom Apartments | $2,255 | $1,189 | $6,932 |
| Parkwood Knolls 3 Bedroom Apartments | $2,588 | $1,585 | $4,047 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 66 rentals with your search options within a 2 mile radius of the Parkwood Knolls Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Parkwood Knolls, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
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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 $988. Villager Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Parkwood Knolls apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hopkins Village Apartments | One Bedroom | 1BR,1BA | $988 |
| Villager Apartments | 1 Bedroom | 1BR,1BA | $995 |
| Brentwood Apartments | Studio | Studio,1BA | $1,030 |
| Brentwood Park Townhomes | Studio | Studio,1BA | $1,034 |
| Ramsgate | Oxford | 1BR,1BA | $1,045 |
| Trailside Apartments | 1 Bedroom | 1BR,1BA | $1,060 |
| Hiawatha Court | 1 Bedroom | 1BR,1BA | $1,062 |
| Era on Excelsior | Drive - Income Restrictions Apply | 1BR,1BA | $1,129 |
| Knollwood Towers West Apartments | Studio | Studio,1BA | $1,146 |
| Cambridge Towers Apartments | Studio | Studio,1BA | $1,164 |
Best Value Apartments for Rent in Parkwood Knolls, MN
As of November 14, 2025 the best value apartment in the Parkwood Knolls area is the $1.25 price per square foot 2BR/1.0BA Model at Cottages of Edina in the in the Creekside neighborhood starting from $1,495. The second greatest value Parkwood Knolls apartment is the Lincoln Model at Carriage House Apartments starting at $1,695 with a $1.54 price per square foot in the Creekside neighborhood. Here is today’s list of the best values for Parkwood Knolls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cottages of Edina | 2BR/1.0BA | 2BR,1BA | $1.25 |
| Carriage House Apartments | Lincoln | 2BR,2BA | $1.54 |
| 5220 Interlachen Blvd | 2BR/2.0BA | 2BR,2BA | $1.53 |
| Westside | Chase | 2BR,1.5BA | $1.56 |
| Rosewood West | 1 Bedroom - Available in October! | 1BR,1BA | $1.38 |
| Town Terrace Apartments | 2 BR/ 1 BA | 2BR,1BA | $1.49 |
| Ramsgate | Oxford | 1BR,1BA | $1.39 |
| Villager Apartments | 1 Bedroom | 1BR,1BA | $1.42 |
| Trailside Apartments | 1 Bedroom | 1BR,1BA | $1.51 |
| Hiawatha Court | 1 Bedroom | 1BR,1BA | $1.59 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleEnjoy 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.
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.
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Pet Friendly LifestyleParkwood Knolls, Minneapolis, MN
Ranked #77
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 a cheap apartment in Parkwood Knolls?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkwood Knolls is under $1,164.
What is the price of a cheap apartment in Parkwood Knolls?
The cheapest apartment in Parkwood Knolls is Hopkins Village Apartments which is listed at $988, while the average apartment in Parkwood Knolls costs $2,460.
What types of apartments are the cheapest in Parkwood Knolls?
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 25 regular apartments in Parkwood Knolls 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 Parkwood Knolls?
Cheap apartments in Parkwood Knolls have an average cost of $116 which is $2,344 cheaper than the average rent for all rentals in Parkwood Knolls.
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.
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.