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$1,075 - $1,680
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,075 - $1,680
Total Monthly Price
$1,075 - $1,680
Hunters Ridge
19000 Stratford RdMinnetonka, MN 55345
Cheap Apartments for Rent in the Oak Terrace Neighborhood of Minnetonka, MN from $800 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oak Terrace area of Minnetonka.
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Rent Specials
$1,118 - $3,988
Plus Fees
Studio to 2 Bedroom Apartments Available NowMinnetonka Station
10400 E Bren RdMinnetonka, MN 55343
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Rent Specials
$1,130 - $1,950
Plus Fees
Studio to 2 Bedroom Apartments Available NowClaremont Apartments
10745 Smetana RdMinnetonka, MN 55343
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$1,255 - $2,315
Total Monthly Price
Studio to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$1,236 - $2,296
Required Monthly Fees
$19
Total Monthly Price
$1,255 - $2,315
Oaks Glen Lake Apartments
14414 Stewart LnMinnetonka, MN 55345
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$1,325 - $2,320
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,325 - $2,320
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$1,325 - $2,320
The Views of Minnetonka
5445-5455 Smetana RdMinnetonka, MN 55343
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$1,349 - $4,047
Plus Fees
Studio to 3 Bedroom Apartments Available NowAlcott
11050 Red Circle DrMinnetonka, MN 55343
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Rent Specials
$1,422 - $1,971
Plus Fees
1 to 3 Bedroom Apartments Available NowBren Road Station 55+ Apartments
11001 Bren Rd EMinnetonka, MN 55343
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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
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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Rent Specials
$904 - $2,250
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowBrentwood Park Townhomes
1301 Highway 7Hopkins, MN 55305
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$950
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
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$950
Total Monthly Price
$950
529 17th Ave N, Unit 1 bedroom
529 17th Ave NHopkins, MN 55305
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$1,018 - $1,400
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowHopkins Village Apartments
9 7th Ave SHopkins, MN 55343
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$1,050
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThe Dubliner
114 12th Ave SHopkins, MN 55343
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$1,060 - $1,300
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowParkside Apartments
115-135 13th Ave SHopkins, MN 55343
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$1,099 - $1,475
Plus Fees
1 to 2 Bedroom Apartments Available NowCentral Park Manor
1510 MainstreetHopkins, MN 55343
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$1,100 - $1,295
Plus Fees1 Month Lease Term
1 to 2 Bedroom Apartments Available NowTown Terrace Apartments
9900 Excelsior BlvdHopkins, MN 55343
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$1,125 - $1,525
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Mar 15Putnam Properties in Hopkins
33 6th Ave NHopkins, MN 55343
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Rent Specials
$1,171 - $1,971
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowShadow Green Apartments
14247 Valley View RdEden Prairie, MN 55344
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$1,196 - $1,840
Total Monthly Price1 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
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$1,196 - $1,840
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$1,196 - $1,840
5th On Main
517 MainstreetHopkins, MN 55343
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
709 11th Ave S, Unit 6
709 11th Ave S
HopkinsMN55343
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$1,2501 Bedroom Apartments Available Apr 1
7 18th Ave N
7 18th Ave NHopkins, MN 55343
1006 Westbrooke Way, Unit 1
1006 Westbrooke Way
HopkinsMN55343
935 11th Ave S, Unit 3
935 11th Ave S
HopkinsMN55343
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Rent Specials
$1,320 - $1,975
Plus Fees
1 to 2 Bedroom Apartments Available NowSterling Ponds Apartments
16315 Wagner WayEden Prairie, MN 55344
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$1,335 - $1,565
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowRosewood West
460 5th Ave NHopkins, MN 55343
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$1,340 - $1,435
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowChanhassen Village
7701 Chanhassen RdChanhassen, MN 55317
711 11th Ave S
HopkinsMN55343
903 11th Ave S
HopkinsMN55343
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$1,399 - $2,021
Plus Fees
Studio to 2 Bedroom Apartments Available NowElevate at Southwest Station
12900 Technology DrEden Prairie, MN 55344
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.
825 Old Settlers Trl, Unit 7
825 Old Settlers Trl
HopkinsMN55343
936 Westbrooke Way, Unit 4
936 Westbrooke Way
HopkinsMN55343
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Rent Specials
$1,468 - $3,595
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Fox & The Grouse
6901 Flying Cloud DrEden Prairie, MN 55344
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$1,490 - $1,550
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowOakridge Apartments
640 Oak Ridge RdHopkins, MN 55305
932 Westbrooke Way
HopkinsMN55343
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$1,519 - $2,899
Plus Fees
Studio to 2 Bedroom Apartments Available NowPark at City West Apartments
6426 City West PkyEden Prairie, MN 55344
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$1,556 - $1,650
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowEden Glen
13670 Valley View RdEden Prairie, MN 55344
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$1,561 - $3,141
Plus Fees
Studio to 2 Bedroom Apartments Available NowMartinBlu
14301 Martin DrEden Prairie, MN 55344
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$1,594 - $4,601
Plus Fees
Studio to 2 Bedroom Apartments Available NowParavel
8300 Commonwealth DrEden Prairie, MN 55344
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1 to 2 Bedroom Apartments
105 13th Ave S
105 13th Ave SHopkins, MN 55343
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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1 to 2 Bedroom Apartments
Loon Apartments
57 6th Ave SHopkins, MN 55343
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Studio to 3 Bedroom Apartments
Brentwood Apartments
614-624 Robinwood LnHopkins, MN 55305
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1 Bedroom Apartments
RJZ Apartments
110 11th Ave SHopkins, MN 55343
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1 to 2 Bedroom Apartments
921-941 11th Ave. S
819-941 11th Ave SHopkins, MN 55343
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1 to 2 Bedroom Apartments
Lamplighter Village Apartments
28 6th Ave SHopkins, MN 55343
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1 Bedroom Apartments
Villager Apartments
601 17th Ave NHopkins, MN 55305
941 11th Ave S
HopkinsMN55343
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1 to 3 Bedroom Apartments
The Burnes Building
604 Main StHopkins, MN 55343
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1 to 3 Bedroom Apartments
Trailside Apartments
335 17th Ave NHopkins, MN 55343
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1 to 2 Bedroom Apartments
Westbrooke Condos
900-930 6th St SHopkins, MN 55343
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.
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 | $1,512 | $904 | $2,234 |
| Oak Terrace 1 Bedroom Apartments | $1,759 | $950 | $3,459 |
| Oak Terrace 2 Bedroom Apartments | $2,232 | $1,231 | $4,601 |
| Oak Terrace 3 Bedroom Apartments | $2,703 | $1,839 | $4,047 |
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 67 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 Studio unit found at Brentwood Park Townhomes priced from $904. Brentwood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $904. Here are the most affordable Oak Terrace apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brentwood Park Townhomes | Studio | Studio,1BA | $904 |
| Brentwood Apartments | Studio | Studio,1BA | $904 |
| Hopkins Village Apartments | One Bedroom | 1BR,1BA | $1,018 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1,050 |
| Parkside Apartments | 1 BR - 35 Building | 1BR,1BA | $1,060 |
| Hunters Ridge | Crystal | Studio,1BA | $1,075 |
| Central Park Manor | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,099 |
| Minnetonka Station | Lanewood A - Income Restricted | Studio,1BA | $1,118 |
| Claremont Apartments | A | 1BR,1BA | $1,130 |
Best Value Apartments for Rent in Oak Terrace, MN
As of March 07, 2026 the best value apartment in the Oak Terrace area is the $1.57 price per square foot B Model at Claremont Apartments in the in the Glen Lake neighborhood starting from $1,495. The second greatest value Oak Terrace apartment is the 2BR 1BA-U-1 Model at Chanhassen Village starting at $1,390 with a $1.47 price per square foot in the Oak Terrace 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. |
|---|---|---|---|
| Claremont Apartments | B | 1BR,1BA | $1.57 |
| Chanhassen Village | 2BR 1BA-U-1 | 2BR,1BA | $1.47 |
| Eden Glen | The Elm | 2BR,1BA | $1.70 |
| Rosewood West | 1 Bedroom - Available NOW!! | 1BR,1BA | $1.48 |
| Town Terrace Apartments | 2 BR/ 1 BA | 2BR,1BA | $1.59 |
| The Views of Minnetonka | The Bren | 1BR,1BA | $1.75 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1.50 |
| Central Park Manor | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.60 |
| 529 17th Ave N, Unit 1 bedroom | 529 17th Ave N | 1BR,1BA | $1.52 |
| Hopkins Village Apartments | One Bedroom | 1BR,1BA | $1.76 |
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.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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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 (2833)
10 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 $1,130.
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 $2,463.
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 14 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 $126 which is $2,337 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
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.
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.
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.
Authentic Minneapolis: An Insiders 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.
Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.