
Cheap Apartments for Rent in the Parkwood Knolls Neighborhood of Minneapolis, MN from $600 (63 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkwood Knolls area of Minneapolis.


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Hiawatha Court

Hopkins Village Apartments

Knollwood Towers West Apartments

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Brentwood Park Townhomes

1321 Division St

The Dubliner

709 11th Ave S, Unit 6, Unit 6

831 Old Settlers Trail

Town Terrace Apartments
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Townline Apartments

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Westside

Putnam Properties in Hopkins

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Era on Excelsior

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Oaks Lincoln Apartments

Minnetonka Station

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Creekwood Estates

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Second St. Station

930 Westbrooke Way, Unit 930-1, Unit 930-1

Rosewood West
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Oakridge Apartments

Parkside Apartments

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5th On Main

1210-1220 Cambridge St. (Hopkins)

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Alcott

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Edina Highland Villa

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The Views of Minnetonka

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Carriage House Apartments

932 Westbrooke Way

932 Westbrooke Way
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Park at City West Apartments

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Bren Road Station 55+ Apartments

Claremont Apartments

Ovation

935 11th Ave S, Unit 8, Unit 8

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Hoigaard Village

Urban Park I and II Apartments

The Loden

Chorus Apartments

105 13th Ave S
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Loon Apartments

RJZ Apartments

921-941 11th Ave. S

Lamplighter Village Apartments

Villager Apartments

Knollwood Towers East Apartments

The Burnes Building

Brentwood Apartments

Trailside Apartments

Creek Point Apartments
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Parkwood Knolls, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Parkwood Knolls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkwood Knolls Studio Apartments | $1,554 | $1,033 | $2,174 |
| Parkwood Knolls 1 Bedroom Apartments | $1,836 | $1,008 | $3,427 |
| Parkwood Knolls 2 Bedroom Apartments | $2,455 | $1,231 | $7,950 |
| Parkwood Knolls 3 Bedroom Apartments | $2,983 | $1,700 | $4,366 |
| Parkwood Knolls 4 Bedroom Apartments | $2,737 | $2,475 | $2,999 |
Browse Apartments in this Neighborhood
There are currently 63 rentals with your search options within a 2 mile radius of the Parkwood Knolls Neighborhood of Minneapolis, MN.
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Parkwood Knolls, Minneapolis, MN Local Guide
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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 Hiawatha Court priced from $1,008. Hopkins Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,018. Here are the most affordable Parkwood Knolls apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hiawatha Court | 1 Bedroom | 1BR,1BA | $1,008 |
| Hopkins Village Apartments | One Bedroom | 1BR,1BA | $1,018 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1,050 |
| Brentwood Park Townhomes | Independence | 1BR,1BA | $1,108 |
| Brentwood Apartments | Independence | 1BR,1BA | $1,108 |
| Era on Excelsior | Power | Studio,1BA | $1,139 |
| Minnetonka Station | Lanewood A - Income Restricted | Studio,1BA | $1,158 |
| Cambridge Towers Apartments | Studio | Studio,1BA | $1,213 |
| Ramsgate | Derby | 1BR,1BA | $1,225 |
| Creekwood Estates | The Pine | 1BR,1BA | $1,260 |
Best Value Apartments for Rent in Parkwood Knolls, MN
As of May 25, 2026 the best value apartment in the Parkwood Knolls area is the $1.65 price per square foot 1432 Lake St NE Model at 1432 Lake St NE, Unit 1432 B in the in the Creekside neighborhood starting from $2,475. The second greatest value Parkwood Knolls apartment is the 2BR/2.0BA Model at Interlachen Court starting at $1,900 with a $1.62 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. |
|---|---|---|---|
| 1432 Lake St NE, Unit 1432 B | 1432 Lake St NE | 4BR,2BA | $1.65 |
| Interlachen Court | 2BR/2.0BA | 2BR,2BA | $1.62 |
| Auburn Townhomes | Auburn | 2BR,2BA | $1.71 |
| Claremont Apartments | E1 | 2BR,2BA | $1.48 |
| Oakridge Apartments | 2S | 2BR,1BA | $1.47 |
| Westside | Chase | 2BR,1.5BA | $1.38 |
| Ramsgate | Derby | 1BR,1BA | $1.50 |
| Parkside Apartments | 2 BR - 35 Building | 2BR,1BA | $1.63 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1.50 |
| Hiawatha Court | 1 Bedroom | 1BR,1BA | $1.50 |
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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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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 LifestyleParkwood Knolls, Minneapolis, MN
Ranked #82
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 the Cheapest Studio apartment in Parkwood Knolls?
Currently the most affordable Cheap Studio Apartment in Parkwood Knolls is at Era on Excelsior listed at $1,149.
How much is rent for a Cheap One Bedroom Parkwood Knolls Apartment?
The lowest price for a Cheap One Bedroom Parkwood Knolls Apartment is $1,008 at Hiawatha Court.
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 $1,839.
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
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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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