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Rent Specials
$1,090 - $1,710
Total Monthly Price
Base Rent$1,090 - $1,710
Total Monthly Price$1,090 - $1,710
Hunters Ridge
19000 Stratford RdMinnetonka, MN 55345
Cheap Apartments for Rent in the Oak Terrace Neighborhood of Minnetonka, MN from $900 (77 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oak Terrace area of Minnetonka.
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$1,165 - $2,170
Total Monthly Price
Base Rent$1,165 - $2,170
Total Monthly Price$1,165 - $2,170
Claremont Apartments
10745 Smetana RdMinnetonka, MN 55343
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$1,260 - $2,320
Total Monthly Price
Base Rent$1,236 - $2,296
Required Monthly Fees$24
Total Monthly Price$1,260 - $2,320
Oaks Glen Lake Apartments
14414 Stewart LnMinnetonka, MN 55345
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Rent Specials
$1,299 - $1,971
Total Monthly Price
Base Rent$1,299 - $1,971
Total Monthly Price$1,299 - $1,971
Bren Road Station 55+ Apartments
11001 Bren Rd EMinnetonka, MN 55343
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Rent Specials
$1,357 - $4,055
Total Monthly Price
Base Rent$1,334 - $4,032
Required Monthly FeesVaries
Total Monthly PriceVaries
Alcott
11050 Red Circle DrMinnetonka, MN 55343
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Rent Specials
$1,365 - $2,995
Total Monthly Price
Base Rent$1,365 - $2,995
Total Monthly Price$1,365 - $2,995
Townline Apartments
10950 Red Circle DrMinnetonka, MN 55343
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Rent Specials
$1,403 - $3,882
Total Monthly Price
Base Rent$1,403 - $3,882
Total Monthly Price$1,403 - $3,882
Minnetonka Station
10400 E Bren RdMinnetonka, MN 55343
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$1,420 - $2,275
Total Monthly Price
Base Rent$1,420 - $2,275
Total Monthly Price$1,420 - $2,275
The Views of Minnetonka
5445-5455 Smetana RdMinnetonka, MN 55343
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Rent Specials
$1,454 - $3,861
Total Monthly Price
Base Rent$1,454 - $3,861
Total Monthly Price$1,454 - $3,861
Rize at Opus Park
10101 Bren Rd EMinnetonka, MN 55343
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$1,645 - $2,010
Total Monthly Price
Base Rent$1,620 - $1,985
Required Monthly Fees$25
Total Monthly Price$1,645 - $2,010
The Chase at Nine Mile Creek
5709 Rowland RdMinnetonka, MN 55343
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.
6155 Chasewood Pky, Unit 204
6155 Chasewood Pky
MinnetonkaMN55343
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Studio to 3 Bedroom Apartments
Stratford Wood
18900 Stratford RdMinnetonka, MN 55345
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1 to 3 Bedroom Apartments
Preserve at Shady Oak
10987 Bren Rd EMinnetonka, MN 55343
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1 to 2 Bedroom Apartments
Chasewood Gates
6100 Chasewood PkyMinnetonka, MN 55343
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1 to 2 Bedroom Apartments
Beacon Hill
5300 Beacon Hill RdMinnetonka, MN 55345
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$925 - $1,200
Total Monthly Price
Base Rent$925 - $1,200
Total Monthly Price$925 - $1,200
Mayfair Apartments
130-134 12th Ave SHopkins, MN 55343
808 Old Settlers Trl, Unit 6
808 Old Settlers Trl
HopkinsMN55343
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$1,015 - $1,475
Total Monthly Price
Base Rent$1,015 - $1,475
Total Monthly Price$1,015 - $1,475
Putnam Properties in Hopkins
33 6th Ave NHopkins, MN 55343
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$1,018 - $1,400
Total Monthly Price
Base Rent$1,018 - $1,400
Total Monthly Price$1,018 - $1,400
Hopkins Village Apartments
9 7th Ave SHopkins, MN 55343
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$1,050
Total Monthly Price
Base Rent$1,050
Total Monthly Price$1,050
The Dubliner
114 12th Ave SHopkins, MN 55343
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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Rent Specials
$1,053 - $2,274
Total Monthly Price
Base Rent$1,049 - $2,270
Required Monthly FeesVaries
Total Monthly PriceVaries
Brentwood Park Townhomes
1301 Highway 7Hopkins, MN 55305
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$1,060 - $1,300
Total Monthly Price
Base Rent$1,060 - $1,300
Total Monthly Price$1,060 - $1,300
Trailside Apartments
335 17th Ave NHopkins, MN 55343
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Rent Specials
$1,100 - $1,600
Total Monthly Price
Base Rent$1,100 - $1,600
Total Monthly Price$1,100 - $1,600
1510 on Main
1510 MainstreetHopkins, MN 55343
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Rent Specials
$1,171 - $1,596
Total Monthly Price
Base Rent$1,150 - $1,575
Required Monthly FeesVaries
Total Monthly PriceVaries
Shadow Green Apartments
14247 Valley View RdEden Prairie, MN 55344
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$1,180 - $1,290
Total Monthly Price
Base Rent$1,180 - $1,290
Total Monthly Price$1,180 - $1,290
Chanhassen Village
7701 Chanhassen RdChanhassen, MN 55317
709 11th Ave S
HopkinsMN55343
930 Westbrooke Way, Unit 930-2
930 Westbrooke Way
HopkinsMN55343
901 11th Ave S, Unit 901 11th Avenue South 4
901 11th Ave S
HopkinsMN55343
901 11th Ave S
HopkinsMN55343
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$1,277
Total Monthly Price
Base Rent$1,277
Total Monthly Price$1,277
Trail Pointe Ridge
16397 Glory LnEden Prairie, MN 55344
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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Rent Specials
$1,295 - $1,375
Total Monthly Price
Base Rent$1,295 - $1,375
Total Monthly Price$1,295 - $1,375
Town Terrace Apartments
9900 Excelsior BlvdHopkins, MN 55343
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$1,299
Total Monthly Price
Base Rent$1,299
Total Monthly Price$1,299
Oakridge Apartments
640 Oak Ridge RdHopkins, MN 55305
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$1,300
Total Monthly Price
Base Rent$1,300
Total Monthly Price$1,300
Parkside Apartments
115-135 13th Ave SHopkins, MN 55343
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Rent Specials
$1,300 - $1,840
Total Monthly Price
Base Rent$1,300 - $1,840
Total Monthly Price$1,300 - $1,840
5th On Main
517 MainstreetHopkins, MN 55343
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$1,320 - $1,975
Total Monthly Price
Base Rent$1,320 - $1,975
Total Monthly Price$1,320 - $1,975
Sterling Ponds Apartments
16315 Wagner WayEden Prairie, MN 55344
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$1,327 - $3,804
Total Monthly Price
Base Rent$1,072 - $3,549
Required Monthly Fees$255
Total Monthly Price$1,327 - $3,804
The Bluffs at Nine Mile Creek
7475 Flying Cloud DrEden Prairie, MN 55344
932 Westbrooke Way
HopkinsMN55343
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Rent Specials
$1,350 - $2,800
Total Monthly Price
Base Rent$1,350 - $2,800
Total Monthly Price$1,350 - $2,800
Ovation
1118 MainstreetHopkins, MN 55343
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Rent Specials
$1,365 - $5,769
Total Monthly Price
Base Rent$1,365 - $5,769
Total Monthly Price$1,365 - $5,769
The Ellie
8075 Eden Prairie RdEden Prairie, MN 55347
932 Westbrooke Way
HopkinsMN55343
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
800 6th St S, Unit 800 6th Street South 2 Hopkins, MN 55343
800 6th St S
HopkinsMN55343
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Rent Specials
$1,389 - $2,919
Total Monthly Price
Base Rent$1,389 - $2,919
Total Monthly Price$1,389 - $2,919
Arrive Watertower
12300 Singletree LnEden Prairie, MN 55344
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$1,439Studio Apartments Available Now
Furnished Studio-Minneapolis - Eden Prairie - Technology Drive
11905 Technology Dr.Eden Prairie, MN 55344
935 11th Ave S, Unit 8
935 11th Ave S
HopkinsMN55343
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$1,465 - $4,143
Total Monthly Price
Base Rent$1,465 - $4,143
Total Monthly Price$1,465 - $4,143
Elevate at Southwest Station
12900 Technology DrEden Prairie, MN 55344
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$1,481 - $2,466
Total Monthly Price
Base Rent$1,481 - $2,466
Total Monthly PriceVaries
Park at City West Apartments
6426 City West PkyEden Prairie, MN 55344
13560 Technology Dr.
Eden PrairieMN55344
1029 Smetana Rd, Unit 4
1029 Smetana Rd
HopkinsMN55343
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Rent Specials
$1,541 - $4,316
Total Monthly Price
Base Rent$1,425 - $4,200
Required Monthly FeesVaries
Total Monthly PriceVaries
Bellamy Minnetonka
10702 Red Circle DrHopkins, MN 55343
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$1,552 - $2,483
Total Monthly Price
Base Rent$1,544 - $2,475
Required Monthly FeesVaries
Total Monthly PriceVaries
Eden Glen
13670 Valley View RdEden Prairie, MN 55344
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.
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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 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 77 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
- Nearby Minnetonka neighborhoods
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Cheapest Available Oak Terrace Apartments for Rent
The cheapest available apartment rental in the Oak Terrace area of Minneapolis, MN is a 1 Bed unit found at Putnam Properties in Hopkins priced from $1,015. Hopkins Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,018. Here are the most affordable Oak Terrace apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Putnam Properties in Hopkins | 1 Bedroom | 1BR,1BA | $1,015 |
| Hopkins Village Apartments | One Bedroom | 1BR,1BA | $1,018 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1,050 |
| 4-105 | 1BR/1.0BA | 1BR,1BA | $1,050 |
| Trailside Apartments | 1 Bedroom | 1BR,1BA | $1,060 |
| 1510 on Main | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,100 |
| Brentwood Park Townhomes | Independence | 1BR,1BA | $1,208 |
| Brentwood Apartments | Independence | 1BR,1BA | $1,208 |
| Chanhassen Village | 1BR 1BA -1 | 1BR,1BA | $1,230 |
| Stratford Wood | Glenn | 2BR,1BA | $1,233 |
Best Value Apartments for Rent in Oak Terrace, MN
As of September 09, 2026 the best value apartment in the Oak Terrace area is the $1.42 price per square foot Two Bedroom Model at Rosewood West in the in the Hopkins neighborhood starting from $1,565. The second greatest value Oak Terrace apartment is the 2 BR/ 1 BA Model at Town Terrace Apartments starting at $1,295 with a $1.23 price per square foot in the Hopkins neighborhood. Here is today’s list of the best values for Oak Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rosewood West | Two Bedroom | 2BR,1.75BA | $1.42 |
| Town Terrace Apartments | 2 BR/ 1 BA | 2BR,1BA | $1.23 |
| The Views of Minnetonka | Ferndale | 2BR,1.8BA | $1.52 |
| Trail Pointe Ridge | Two B | 2BR,1BA | $1.33 |
| Gold Crest Apartments | 1 Bed - 1 Bath | 1BR,1BA | $1.50 |
| Parkside Apartments | 2 BR - 35 Building | 2BR,1BA | $1.63 |
| Claremont Apartments | A | 1BR,1BA | $1.70 |
| 4-105 | 2BR/1.0BA | 2BR,1BA | $1.65 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1.50 |
| Trailside Apartments | 1 Bedroom | 1BR,1BA | $1.51 |
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
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.
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.
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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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If you’re an expert on all things Oak Terrace, tell us what you love (and don't) by rating it and writing a review.
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Best Local Schools in Oak Terrace, Minnetonka, MN
Eden Prairie High School
Eden Prairie Public School District
Public School - Grades 9-12 (2844)
10 out of 10
Hopkins West Junior High School
Hopkins Public School District
Public School - Grades 6-8 (574)
5 out of 10
School data provided by Great Schools
Lifestyle Ratings
Our team is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States and customized analysis for West Minneapolis-St. Paul, MN. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Oak Terrace Apartments
What is a cheap apartment in Oak Terrace?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oak Terrace is under $1,233.
What is the price of a cheap apartment in Oak Terrace?
The cheapest apartment in Oak Terrace is Hopkins Village Apartments which is listed at $1,018, while the average apartment in Oak Terrace costs $1,840.
What types of apartments are the cheapest in Oak Terrace?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 20 regular apartments in Oak Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Oak Terrace?
Cheap apartments in Oak Terrace have an average cost of $327 which is $1,513 cheaper than the average rent for all rentals in Oak Terrace.
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
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.
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.
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.
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
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.
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.