1321 Division St
HopkinsMN55343
Cheap Homes for Rent in Parkwood Knolls Neighborhood of Minneapolis, MN from $1,000 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Parkwood Knolls area of Minneapolis.
709 11th Ave S, Unit 6, Unit 6
709 11th Ave S
HopkinsMN55343
810 9th Ave S
HopkinsMN55343
1006 Westbrooke Way
HopkinsMN55343
930 Westbrooke Way, Unit 930-1, Unit 930-1
930 Westbrooke Way
HopkinsMN55343
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1023 Smetana Rd
HopkinsMN55343
926 Westbrooke Way
HopkinsMN55343
806 Old Settlers Trail
HopkinsMN55343
932 Westbrooke Way
HopkinsMN55343
935 11th Ave S, Unit 8, Unit 8
935 11th Ave S
HopkinsMN55343
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.
Showing Results 1-10, Page 1 of 1
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 a home in Parkwood Knolls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkwood Knolls 2 Bedroom Homes for Rent | $1,433 | $1,325 | $1,550 |
| Parkwood Knolls 3 Bedroom Homes for Rent | $2,464 | $2,195 | $3,150 |
| Parkwood Knolls 4 Bedroom Homes for Rent | $7,631 | $2,900 | $10,000+ |
| Parkwood Knolls 5 Bedroom Homes for Rent | $4,100 | $4,100 | $4,100 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 10 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 |
Best Value Apartments for Rent in Parkwood Knolls, MN
As of May 24, 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 |
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 Article
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.
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 #84
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Parkwood Knolls
What type of rentals are currently available in Parkwood Knolls?
There are currently 125 Apartments for Rent in Parkwood Knolls, MN with pricing that ranges from $1,008 to $7,950. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkwood Knolls ranging from $1,050 to $13,995.
What is the current price range for Rental Homes in Parkwood Knolls?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkwood Knolls ranges from $1,050 to $13,995 with an average monthly rent of $3,363.
How much are larger Three and Four Bedroom Rentals in Parkwood Knolls?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Parkwood Knolls range from $1,700 to $4,366, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $3,150. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $2,475.
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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