Cheap Homes for Rent in the Shelard Park Neighborhood of Minneapolis, MN from $1,200 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 7414 W 22nd St

$1,325

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

1 Bedroom, 1 Bath Condo for Rent

Available Now

7414 W 22nd St, Unit 112

7414 W 22nd St
St. Louis ParkMN55426

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.

property at 10301 Cedar Lk Rd S

$1,300 - $1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom Rentals

Available Now

10301 Cedar Lk Rd S

MinnetonkaMN55305
property at 8724 Minnetonka Blvd

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

8724 Minnetonka Blvd

MinneapolisMN55426

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Shelard Park, Minneapolis, MN Local Guide

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 Trailway Apartments priced from $925. Fine Living at Aquila Park & Royal Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,031. Here are the most affordable Shelard Park apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Trailway ApartmentsTrailway Apartments - 8340-...1BR,1BA$925
Fine Living at Aquila Park & Royal ParkThe OpalStudio,1BA$1,031
Aquila Apartments1 Bedroom1BR,1BA$1,100

Best Value Apartments for Rent in Shelard Park, MN

As of July 21, 2026 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 The Loon Model at Shelard Village Apartments starting at $1,690 with a $1.62 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
Shelard Village ApartmentsThe Loon2BR,1.5BA$1.62
Minnetonka Hills Apartments1 Bedroom1BR,1BA$1.45
Countryside EstatesHemlock2BR,1BA$1.70
Avana MinnetonkaA1W1BR,1BA$1.69
CEDAR RIDGE APARTMENT HOMES1 w/walkout1BR,1BA$1.54
Rhode Island Chateau Apartments11BR,1BA$1.48
Westwood Gardens1br1BR,1BA$1.53
Westwood Chateau Apartments1 Bedroom/Garden1BR,1BA$1.64
Aquila Apartments1 Bedroom1BR,1BA$1.60

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
Decorative image

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Shelard Park, Minneapolis, MN

Ranked #95

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Shelard Park

What type of rentals are currently available in Shelard Park?

There are currently 108 Apartments for Rent in Shelard Park, MN with pricing that ranges from $1,031 to $13,426. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelard Park ranging from $1,250 to $3,736.

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 $1,250 to $3,736 with an average monthly rent of $2,523.

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

decorative image for Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes article

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.

decorative image for Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers article

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.

decorative image for Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters article

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.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.