Cheap Homes for Rent in Valley Place Neighborhood of Minneapolis, MN from $1,200 (8 Rentals)

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

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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 1 Bed unit found at Cabana Apartments priced from $950. Douglas Drive Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $979. Here are the most affordable Valley Place apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Cabana Apartments1 Bedroom1BR,1BA$950
Douglas Drive TerraceOne Bedroom Gold1BR,1BA$979
Regent Place ApartmentsStudioStudio,1BA$995

Best Value Apartments for Rent in Valley Place, MN

As of August 27, 2025 the best value apartment in the Valley Place area is the $1.63 price per square foot 2C - 2 Bedroom Model at Plymouth Ponds Apartments in the in the Hidden Creek Estates neighborhood starting from $1,800. The second greatest value Valley Place apartment is the 2bed Model at Kings Manor starting at $1,200 with a $1.14 price per square foot in the Becker 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 Apartments2C - 2 Bedroom2BR,2BA$1.63
Kings Manor2bed2BR,1BA$1.14
Chelsea ParkDale2BR,1BA$1.40
Burgundy And HillsboroB12BR,1BA$1.38
Talus ApartmentsOne Bedroom One Bath1BR,1BA$1.66
At The Lake1 Bedroom1BR,1BA$1.52
Cabana Apartments1 Bedroom1BR,1BA$1.23
Douglas Drive TerraceOne Bedroom Gold1BR,1BA$1.31
Lancaster Village Apartments1 Bedroom1BR,1BA$1.78
Robinwood Apartments1-BR1BR,1BA$1.49

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Pet Friendly Lifestyle
Valley Place, Minneapolis, MN

Ranked #118

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Valley Place

What type of rentals are currently available in Valley Place?

There are currently 135 Apartments for Rent in Valley Place, MN with pricing that ranges from $950 to $4,825. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Valley Place ranging from $1,200 to $3,295.

What is the current price range for Rental Homes in Valley Place?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Valley Place ranges from $1,200 to $3,295 with an average monthly rent of $2,143.

How much are larger Three and Four Bedroom Rentals in Valley Place?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Valley Place range from $1,670 to $2,790, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,989 to $2,649. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $2,685.

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.

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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 The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.

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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.