Cheap Apartments for Rent in the Valley Place Neighborhood of Minneapolis, MN from $800 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Valley Place area of Minneapolis.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Kings Manor
Studio to 2 Bedroom Apartments

Kings Manor

4309 Rhode Island AveMinneapolis, MN 55428
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Winnetka Manor Apartments
1 to 2 Bedroom Apartments

Winnetka Manor Apartments

4511-4521 Winnetka Ave NMinneapolis, MN 55428
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Chelsea Park
1 to 2 Bedroom Apartments

Chelsea Park

4200 45th Ave NMinneapolis, MN 55422
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3927 W Broadway Ave
2 Bedroom Apartments

3927 W Broadway Ave

3927 W Broadway AveMinneapolis, MN 55422
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Hidden Creek
Studio to 2 Bedroom Apartments

Hidden Creek

7104 36th Ave NNew Hope, MN 55427
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Colonial Apartments
1 to 2 Bedroom Apartments

Colonial Apartments

8000 36th Ave NNew Hope, MN 55427
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Broadway West Apartments
1 to 2 Bedroom Apartments

Broadway West Apartments

3711 W Broadway AveRobbinsdale, MN 55422
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Valley Place - One of the Best Affordable Neighborhoods in Minneapolis

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

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Crystal Lake Estates
1 to 2 Bedroom Apartments

Crystal Lake Estates

3340-3350 Drew Ave NRobbinsdale, MN 55422
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Emerald Pointe
1 to 2 Bedroom Apartments

Emerald Pointe

7611 36th Ave NNew Hope, MN 55427
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Gates of New Hope
1 Bedroom Apartments

Gates of New Hope

9390 Medicine Lake RdNew Hope, MN 55427
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Valley View
1 to 2 Bedroom Apartments

Valley View

6533-6537 Golden Valley RdGolden Valley, MN 55427
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Duluth Street Flats
2 Bedroom Apartments

Duluth Street Flats

6150 St Croix AveGolden Valley, MN 55422
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Burgundy Apartments
3 Bedroom Apartments

Burgundy Apartments

2901-2911 Hillsboro Ave NNew Hope, MN 55427
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Showing Results 1-49, Page 1 of 1

Valley Place, Minneapolis, MN Local Guide

Cheapest Available Valley Place Apartments for Rent

 

The cheapest available apartment rental in the Valley Place area of Minneapolis, MN is a Studio unit found at Kings Manor priced from $900. Cabana Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Valley Place apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Kings ManorStudioStudio,1BA$900
Cabana Apartments1 Bedroom1BR,1BA$950
Tradewinds Apartments1 Bed 1 Bath1BR,1BA$975
Robinwood Apartments1-BR1BR,1BA$1,029
Northumberland ApartmentsOne Bedroom1BR,1BA$1,150
At The Lake1 Bedroom1BR,1BA$1,179
Four Seasons Villa1BD1BR,1BA$1,230
Golden Valley Greenway Apartments!1BR1BA-725-Patio1BR,1BA$1,250
Sumter Green ApartmentsThe Emerald1BR,1BA$1,300
Royal Oaks ApartmentsThe Pinewood1BR,1BA$1,319

Best Value Apartments for Rent in Valley Place, MN

As of June 01, 2025 the best value apartment in the Valley Place area is the $1.40 price per square foot 2E - 2 Bedroom Model at Plymouth Ponds Apartments in the in the Hidden Creek Estates neighborhood starting from $1,935. The second greatest value Valley Place apartment is the Edgewood Model at Valley Creek West starting at $1,595 with a $1.39 price per square foot in the Eliot neighborhood. Here is today’s list of the best values for Valley Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Plymouth Ponds Apartments2E - 2 Bedroom2BR,2BA$1.40
Valley Creek WestEdgewood2BR,2BA$1.39
Valley ViewTwo Bedroom 22A2BR,1BA$1.46
Kings Manor2bed2BR,1BA$1.19
Tradewinds Apartments1 Bed 1 Bath1BR,1BA$0.97
Four Seasons Villa1BD1BR,1BA$1.37
Northumberland ApartmentsOne Bedroom1BR,1BA$1.44
At The Lake1 Bedroom1BR,1BA$1.52
Cabana Apartments1 Bedroom1BR,1BA$1.23
Robinwood Apartments1-BR1BR,1BA$1.49

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.

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Pet Friendly Lifestyle
Valley Place, Minneapolis, MN

Ranked #118

Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Minneapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the Valley Place Neighborhood in Minneapolis, MN

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

64 / 100

Bikeable

Some bike infrastructure

Transit Score®

30 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Valley Place Apartments

How much is rent for a Cheap One Bedroom Valley Place Apartment?

The lowest price for a Cheap One Bedroom Valley Place Apartment is $950 at Cabana Apartments.

What is the lowest price for a Cheap Two Bedroom Valley Place Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Valley Place is starting from $1,100 at Cabana Apartments.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.