
Apartments for Rent in the Oak Terrace Neighborhood of Minnetonka, MN (152 Rentals)


Bren Road Station 55+ Apartments

Townline Apartments

Minnetonka Station

Rize at Opus Park

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Saddlewood

Claremont Apartments

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The Chase at Nine Mile Creek

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Oaks Glen Lake Apartments

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The Views of Minnetonka
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Hunters Ridge

6155 Chasewood Pky, Unit 204

3621 Williston Rd

18734 Clear View Terrace

5147 Valley View Rd

19101 Delton Ave

4846 Birchwood Ln

16720 Excelsior Blvd

4626 Linnea Ln

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Bellamy Minnetonka
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Arrive Watertower

Ovation

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The Bluffs at Nine Mile Creek

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Brentwood Park Townhomes

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Shadow Green Apartments

The Fox & The Grouse

The Ellie

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Oakridge Apartments

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Sterling Ponds Apartments

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Tanager Creek
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

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ReNew Town Center

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Eden Glen

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MartinBlu

Putnam Properties in Hopkins

Elevate at Southwest Station

The Moline

Paravel

Chanhassen Village

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Park at City West Apartments

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5th On Main
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.

Trail Pointe Ridge

Rosewood West

Town Terrace Apartments

The Dubliner

Trailside Apartments

Parkside Apartments

Mayfair Apartments

Hopkins Village Apartments

1510 on Main

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730 6th Ave S, Unit 730 6th Ave S
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.
Oak Terrace, Minnetonka, MN Local Guide

How much does it cost to rent an apartment in Oak Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oak Terrace Studio Apartments | $1,507 | $1,053 | $2,300 |
| Oak Terrace 1 Bedroom Apartments | $1,836 | $995 | $3,094 |
| Oak Terrace 2 Bedroom Apartments | $2,370 | $1,231 | $4,741 |
| Oak Terrace 3 Bedroom Apartments | $3,212 | $1,799 | $4,316 |
How much does it cost to rent a home in Oak Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $1,743 | $1,350 | $2,550 |
| 3 Bedroom Homes | $2,529 | $1,995 | $3,000 |
| 4 Bedroom Homes | $3,239 | $2,495 | $4,500 |
| 5 Bedroom Homes | $3,799 | $3,799 | $3,799 |
Browse Apartments in this Neighborhood
There are currently 152 rentals with your search options within a 3 mile radius of the Oak Terrace Neighborhood of Minnetonka, MN.
See all Apartments in MinnetonkaExplore Minnetonka
Oak Terrace, Minnetonka, MN Local Guide
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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 Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleNavigating 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.
Read ArticleReal 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 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.
Best Local Schools in Oak Terrace, Minnetonka, MN
Eden Prairie High School
Hopkins West Junior High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Oak Terrace, Minnetonka, and the greater Minneapolis-St. Paul area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, apartment complexes for the kids, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.
Family-Friendly Rating
Renting with children? Amongst all of the neighborhoods in Minnetonka, this residential area has now become known as one of our favorite neighborhoods for families, with a score of 4.0 out of 4. Family Friendly communities have features that support parents and kids in having fun and being healthy together. This includes features like parks, and more.
Frequently Asked Questions about Oak Terrace
What is the current pricing and availability for apartments for rent in the Oak Terrace area of Minnetonka, MN?
As of today, September 09, 2026, there are currently 152 available Oak Terrace apartments priced from $995 to $4,741, with an average monthly rent of $2,080.
How much are Studio apartments in Oak Terrace?
There are currently 28 Studio Apartments in Oak Terrace with rent ranges from $1,053 to $2,300 with an average price of $1,507.
What is the current price range for One Bedroom Oak Terrace Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Oak Terrace ranges from $995 to $3,094 with an average monthly rent of $1,836.
What does renting a Two Bedroom Apartment in Oak Terrace cost?
The monthly rent prices of Two Bedroom Apartments currently available in Oak Terrace range from $1,231 to $4,741. Today's average rental price for Two Bedrooms here is $2,370.
How expensive are Oak Terrace Three Bedroom Apartments?
There are currently 30 Three Bedroom Apartments listings available in Oak Terrace on ApartmentHomeLiving.com. The pricing ranges from $1,799 to $4,316 - averaging $3,212 for the location.
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

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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.

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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

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

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.