
Cheap Apartments for Rent in the Shelard Park Neighborhood of Minneapolis, MN from $700 (74 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shelard Park area of Minneapolis.


The Mera

Aquila Flats

1328 Idaho Ave S

2340 Ives Ln N

Crown Ridge Apartments

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Fine Living at Aquila Park & Royal Park

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Hampshire House

Aquila Apartments

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Trentwood Apartments
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.

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Westwood Gardens

Westwood Chateau Apartments

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2700-2727 Rhode Island Ave S. (Rhode Island Chateau)

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CEDAR RIDGE APARTMENT HOMES

10301 Cedar Lk Rd S

11210 & 11215 12th Avenue

Brier Creek Apartments

Westwind Apartments

Minnetonka Hills Apartments

Idaho Park West
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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Lou Park

7414 W 22nd St, Unit 112, Unit 112

Copper Stone Apartments

10521 Cedar Lk Rd S

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Avana Minnetonka

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Willow Creek

Cedar Hills

10401 Cedar Lk Rd S, Unit Unit 505

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Shelard Village Apartments

10451 Greenbrier Rd, Unit 217, Unit 217
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.

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L and E Apartments

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Park Pointe

The Woodlands of Minnetonka Apartments

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The Axis

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Waterstone Place

10531 Cedar Lake Rd, Unit 312, Unit 312

450 Ford Rd, Unit 205, Unit 205

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Mallard Creek

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Creekside Apartments

10441 Greenbrier Rd, Unit 318, Unit 318
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.

10441 Greenbrier Rd

Hello Apartments

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Regency Woods

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Siena Apartment Homes

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Avidor Minnetonka 55+ Active Adult Apartment Homes

Altitude Residences

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ReNew PARKone

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Medicine Lake Apartments

The Winn at Golden Valley

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Residences at 1700
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.
Shelard Park, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Shelard Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shelard Park Studio Apartments | $1,455 | $1,031 | $1,752 |
| Shelard Park 1 Bedroom Apartments | $1,864 | $1,099 | $5,883 |
| Shelard Park 2 Bedroom Apartments | $2,390 | $1,298 | $10,000+ |
| Shelard Park 3 Bedroom Apartments | $3,292 | $1,643 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 74 rentals with your search options within a 2 mile radius of the Shelard Park Neighborhood of Minneapolis, MN.
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Shelard Park, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
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Cheapest Available Shelard Park Apartments for Rent
 The cheapest available apartment rental in the Shelard Park area of Minneapolis, MN is a 1 Bed unit found at Crown Ridge Apartments priced from $900. Hampshire House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here are the most affordable Shelard Park apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crown Ridge Apartments | Washington | 1BR,1BA | $900 |
| Hampshire House | The Theodore | 1BR,1BA | $1,095 |
| Aquila Apartments | 1 Bedroom | 1BR,1BA | $1,100 |
| Trentwood Apartments | One Bedroom | 1BR,1BA | $1,118 |
| Westwood Gardens | 1br | 1BR,1BA | $1,150 |
| Westwood Chateau Apartments | 1 Bedroom/Garden | 1BR,1BA | $1,150 |
| 2700-2727 Rhode Island Ave S. (Rhode Island Chateau) | 1L | 1BR,1BA | $1,199 |
| CEDAR RIDGE APARTMENT HOMES | 1 w/walkout | 1BR,1BA | $1,250 |
| Brier Creek Apartments | Studio E | Studio,1BA | $1,295 |
| Countryside Estates | Greenwood | 1BR,1BA | $1,308 |
Best Value Apartments for Rent in Shelard Park, MN
As of May 05, 2026 the best value apartment in the Shelard Park area is the $1.42 price per square foot 2237 Hampshire Ave S Model at 2237 Hampshire Ave S, Unit 2 in the in the Elmwood neighborhood starting from $2,600. The second greatest value Shelard Park apartment is the Three Bedroom Model at The Ridge Apartments starting at $2,300 with a $1.57 price per square foot in the Groveland neighborhood. Here is today’s list of the best values for Shelard Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2237 Hampshire Ave S, Unit 2 | 2237 Hampshire Ave S | 3BR,2BA | $1.42 |
| The Ridge Apartments | Three Bedroom | 3BR,2BA | $1.57 |
| Fine Living at Aquila Park & Royal Park | The Quartz | 2BR,1BA | $1.38 |
| Minnetonka Hills Apartments | 1 Bedroom | 1BR,1BA | $1.41 |
| Avana Minnetonka | A1E | 1BR,1BA | $1.57 |
| Crown Ridge Apartments | Jefferson | 2BR,1BA | $1.58 |
| CEDAR RIDGE APARTMENT HOMES | 1 w/balcony | 1BR,1BA | $1.54 |
| 2700-2727 Rhode Island Ave S. (Rhode Island Chateau) | 1L | 1BR,1BA | $1.55 |
| Hampshire House | The Theodore | 1BR,1BA | $1.46 |
| Aquila Apartments | 1 Bedroom | 1BR,1BA | $1.60 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
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Read ArticleCash 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.
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.
Pet Friendly LifestyleShelard Park, Minneapolis, MN
Ranked #85
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Shelard Park, Minneapolis, MN
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Western Minneapolis-St. Paul. 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 easy access to the parks, luxury housing options, pet-friendly features, family-friendly amenities, proximity to transit, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Shelard Park Apartments
What is the price of a cheap apartment in Shelard Park?
The cheapest apartment in Shelard Park is Crown Ridge Apartments which is listed at $900, while the average apartment in Shelard Park costs $2,634.
What types of apartments are the cheapest in Shelard Park?
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 22 regular apartments in Shelard Park 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 Shelard Park?
Cheap apartments in Shelard Park have an average cost of $213 which is $2,421 cheaper than the average rent for all rentals in Shelard Park.
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
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.

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.

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.

Authentic Minneapolis: An Insiders 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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.