
Cheap Homes for Rent in Parkwood Knolls Neighborhood of Minneapolis, MN from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Parkwood Knolls area of Minneapolis.


819 Smetana Rd, Unit 5

948 Westbrooke Way

903 11th Ave S

902 9th Ave S

805 Smetana Rd

1025 Smetana Rd, Unit 3

936 Westbrooke Way, Unit 4

6670 Vernon Ave S

22 16th Ave N
Parkwood Knolls, Minneapolis, MN Local Guide

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 | $2,114 | $1,300 | $3,650 |
Parkwood Knolls 3 Bedroom Homes for Rent | $2,490 | $1,800 | $3,245 |
Parkwood Knolls 4 Bedroom Homes for Rent | $5,497 | $2,500 | $9,995 |
Parkwood Knolls 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
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 Hopkins Village Apartments priced from $988. Hiawatha Court 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 |
Hiawatha Court | 1 Bedroom | 1BR,1BA | $995 |
1210-1220 Cambridge St. (Hopkins) | 1b | 1BR,1BA | $999 |
Best Value Apartments for Rent in Parkwood Knolls, MN
As of August 04, 2025 the best value apartment in the Parkwood Knolls area is the $1.51 price per square foot E1 Model at Claremont Apartments in the in the Glen Lake neighborhood starting from $1,660. The second greatest value Parkwood Knolls apartment is the 2BR/1.5BA Model at Interlachen Court starting at $1,629 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. |
---|---|---|---|
Claremont Apartments | E1 | 2BR,2BA | $1.51 |
Interlachen Court | 2BR/1.5BA | 2BR,1.5BA | $1.54 |
5220 Interlachen Blvd | 2BR/2.0BA | 2BR,2BA | $1.53 |
The Views of Minnetonka | Ellsworth | 2BR,1.8BA | $1.60 |
Town Terrace Apartments | 2 BR/ 1 BA | 2BR,1BA | $1.33 |
Ramsgate | York | 2BR,1.5BA | $1.39 |
Westside | Vernon | 2BR,1BA | $1.51 |
The Dubliner | 1 Bedroom | 1BR,1BA | $1.50 |
Trailside Apartments | 1 Bedroom | 1BR,1BA | $1.51 |
Hiawatha Court | 1 Bedroom | 1BR,1BA | $1.49 |
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Frequently Asked Questions about Parkwood Knolls
What type of rentals are currently available in Parkwood Knolls?
There are currently 123 Apartments for Rent in Parkwood Knolls, MN with pricing that ranges from $850 to $7,290. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkwood Knolls ranging from $1,200 to $9,995.
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 $1,200 to $9,995 with an average monthly rent of $3,006.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.