
Luxury Apartments for Rent in the Parkwood Knolls Neighborhood of Minneapolis, MN (31 Rentals)
The most luxurious Apartments in the Parkwood Knolls area of Minneapolis with high-end amenities, features, and finishes.


7505 North St

6208 Hillside Rd

5321 Interlachen Blvd

3705 Colorado Ave S

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Alcott

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Bellamy Minnetonka
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.

Hoigaard Village

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The Hallon

The Loden

Ovation

Townline Apartments

Nolan Mains Residences at 50th & France

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Arrive St Louis Park
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.

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Minnetonka Station

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Auburn Townhomes

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Maison Green

Rize at Opus Park

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Era on Excelsior

The Moline

Park at City West Apartments
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.

Total Monthly Price
Edina Highland Villa

745 9th Ave S

5627 Green Circle Dr, Unit 310

209 12th Ave N

1308 Landmark Trail S

11730 Vista Dr

Gallery Flats
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!

Marketplace and Main Apartments

Vernon Terrace of Edina

6300-6310 Vernon Ave
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 | $1,535 | $1,053 | $2,366 |
| Parkwood Knolls 1 Bedroom Apartments | $1,731 | $895 | $3,070 |
| Parkwood Knolls 2 Bedroom Apartments | $2,310 | $1,231 | $6,744 |
| Parkwood Knolls 3 Bedroom Apartments | $3,215 | $1,710 | $10,000+ |
| Parkwood Knolls 4 Bedroom Apartments | $2,300 | $2,300 | $2,300 |
Browse Apartments in this Neighborhood
There are currently 31 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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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.
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.
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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 #77
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Minnesota and customized analysis for Western Minneapolis-St. Paul, MN. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Parkwood Knolls
How much are Studio apartments in Parkwood Knolls?
There are currently 48 Studio Apartments in Parkwood Knolls with rent ranges from $1,053 to $2,366 with an average price of $1,535.
What is the current price range for One Bedroom Parkwood Knolls Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Parkwood Knolls ranges from $895 to $3,070 with an average monthly rent of $1,731.
What does renting a Two Bedroom Apartment in Parkwood Knolls cost?
The monthly rent prices of Two Bedroom Apartments currently available in Parkwood Knolls range from $1,231 to $6,744. Today's average rental price for Two Bedrooms here is $2,310.
How expensive are Parkwood Knolls Three Bedroom Apartments?
There are currently 36 Three Bedroom Apartments listings available in Parkwood Knolls on ApartmentHomeLiving.com. The pricing ranges from $1,710 to $10,995 - averaging $3,215 for the location.
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

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

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.
Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.