Cheap Homes for Rent in Shelard Park Neighborhood of Minneapolis, MN from $1,000 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Shelard Park area of Minneapolis.

property at 10301 Cedar Lk Rd S

10301 Cedar Lk Rd S

MinnetonkaMN55305

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.

property at 12610 Ridgedale Dr

12610 Ridgedale Dr

MinnetonkaMN55305
property at 12610 Ridgedale Dr

12610 Ridgedale Dr

MinnetonkaMN55305
property at 310 Ford Rd

310 Ford Rd

MinneapolisMN55426

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.

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 Aquila Apartments priced from $1,100. Rhode Island Chateau Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Shelard Park apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Aquila Apartments1 Bedroom1BR,1BA$1,100
Rhode Island Chateau ApartmentsOne Bedroom1BR,1BA$1,150
Westwood Chateau Apartments1 Bedroom/Garden1BR,1BA$1,175

Best Value Apartments for Rent in Shelard Park, MN

As of October 15, 2025 the best value apartment in the Shelard Park area is the $1.57 price per square foot Three Bedroom Model at The Ridge Apartments in the in the Groveland neighborhood starting from $2,300. The second greatest value Shelard Park apartment is the Birchwood Model at ReNew PARKone starting at $1,665 with a $1.48 price per square foot in the Shelard Park neighborhood. Here is today’s list of the best values for Shelard Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Ridge ApartmentsThree Bedroom3BR,2BA$1.57
ReNew PARKoneBirchwood2BR,2BA$1.48
The Woodlands of Minnetonka ApartmentsBalsam Fir - 2C2BR,1BA$1.56
Wilshire WoodThe Jeanette2BR,1BA$1.42
Minnetonka Hills Apartments2 Bedroom 1 Bathroom2BR,1BA$1.55
Rhode Island Chateau ApartmentsTwo Bedroom1BR,1BA$1.45
Aquila Flats2BR/1.0BA2BR,1BA$1.37
Crown Ridge Apartments2 Bed 1 Bath2BR,1BA$1.39
Fine Living at Aquila Park & Royal ParkThe Ruby1BR,1BA$1.54
Cedar Ridge ApartmentsOne Bedroom1BR,1BA$1.54

Frequently Asked Questions about Shelard Park

What type of rentals are currently available in Shelard Park?

There are currently 110 Apartments for Rent in Shelard Park, MN with pricing that ranges from $1,000 to $7,243. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelard Park ranging from $1,000 to $12,500.

What is the current price range for Rental Homes in Shelard Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Shelard Park ranges from $1,000 to $12,500 with an average monthly rent of $3,868.

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.