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$1,080 - $1,695
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,080 - $1,695
Total Monthly Price
$1,080 - $1,695
Hunters Ridge
19000 Stratford RdMinnetonka, MN 55345
Cheap Apartments for Rent in the Oak Terrace Neighborhood of Minnetonka, MN from $800 (63 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oak Terrace area of Minnetonka.
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$1,195 - $2,040
Plus Fees
Studio to 2 Bedroom Apartments Available NowClaremont Apartments
10745 Smetana RdMinnetonka, MN 55343
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$1,260 - $2,320
Total Monthly Price
Studio to 2 Bedroom Apartments Contact Us For AvailabilityTotal 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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$1,291 - $4,692
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,266 - $4,667
Required Monthly Fees
$25
Total Monthly Price
$1,291 - $4,692
Minnetonka Station
10400 E Bren RdMinnetonka, MN 55343
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Rent Specials
$1,357 - $4,055
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,334 - $4,032
Required Monthly Fees
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Alcott
11050 Red Circle DrMinnetonka, MN 55343
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$1,420 - $2,275
Total Monthly Price
1 to 3 Bedroom Apartments Available Jul 31Total 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
$1,422 - $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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$1,570
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Aug 1Total Monthly Price
Base Rent
$1,545
Required Monthly Fees
$25
Total Monthly Price
$1,570
The Chase at Nine Mile Creek
5709 Rowland RdMinnetonka, 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
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.
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1 to 2 Bedroom Apartments
Chasewood Gates
6100 Chasewood PkyMinnetonka, MN 55343
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$995
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Oct 1Total Monthly Price
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$995
Total Monthly Price
$995
529 17th Ave N, Unit 1 bedroom plus Office
529 17th Ave NHopkins, MN 55305
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$1,018 - $1,231
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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Rent Specials
$1,053 - $2,274
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,049 - $2,270
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Brentwood Park Townhomes
1301 Highway 7Hopkins, MN 55305
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$1,060 - $1,300
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Sep 1Trailside Apartments
335 17th Ave NHopkins, MN 55343
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$1,100 - $1,425
Plus Fees1 Month Lease Term
1 to 2 Bedroom Apartments Available Sep 4Town Terrace Apartments
9900 Excelsior BlvdHopkins, MN 55343
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$1,125 - $1,475
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Aug 15Putnam Properties in Hopkins
33 6th Ave NHopkins, MN 55343
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Rent Specials
$1,125 - $1,300
Plus Fees
1 Bedroom Apartments Available Now1510 on Main
1510 MainstreetHopkins, MN 55343
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$1,180 - $1,290
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Jul 31Chanhassen Village
7701 Chanhassen RdChanhassen, MN 55317
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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$1,196 - $1,840
Total Monthly Price1 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,196 - $1,840
Total Monthly Price
$1,196 - $1,840
5th On Main
517 MainstreetHopkins, MN 55343
930 Westbrooke Way, Unit 930-2
930 Westbrooke Way
HopkinsMN55343
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Rent Specials
$1,265 - $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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$1,277 - $1,389
Plus Fees
2 Bedroom Apartments Available NowTrail Pointe Ridge
16397 Glory LnEden Prairie, MN 55344
802 Old Settlers Trl, Unit 8
802 Old Settlers Trl
HopkinsMN55343
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$1,300
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowParkside Apartments
115-135 13th Ave SHopkins, MN 55343
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Rent Specials
$1,320 - $1,975
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal 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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Rent Specials
$1,335 - $6,480
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Ellie
8075 Eden Prairie RdEden Prairie, MN 55347
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Rent Specials
$1,346 - $2,116
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,325 - $2,095
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Shadow Green Apartments
14247 Valley View RdEden Prairie, MN 55344
932 Westbrooke Way
HopkinsMN55343
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.
932 Westbrooke Way
HopkinsMN55343
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$1,408 - $3,950
Plus Fees
Studio to 2 Bedroom Apartments Available Jul 28Elevate at Southwest Station
12900 Technology DrEden Prairie, MN 55344
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$1,416 - $2,421
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,405 - $2,410
Required Monthly Fees
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MartinBlu
14301 Martin DrEden Prairie, MN 55344
915 11th Ave S, Unit 915-1
915 11th Ave S
HopkinsMN55343
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$1,425 - $2,725
Plus Fees
Studio to 1 Bedroom Apartments Available NowOvation
1118 MainstreetHopkins, MN 55343
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$1,442 - $2,858
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,442 - $2,858
Total Monthly Price
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Park at City West Apartments
6426 City West PkyEden Prairie, MN 55344
1007 11th Ave S, Unit 1007 11th Ave S
1007 11th Ave S
HopkinsMN55343
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$1,495
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$1,495
Total Monthly Price
$1,495
Oakridge Apartments
640 Oak Ridge RdHopkins, MN 55305
829 Old Settlers Trl, Unit 4
829 Old Settlers Trl
HopkinsMN55343
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$1,519 - $2,989
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,519 - $2,989
Total Monthly Price
$1,519 - $2,989
Arrive Watertower
12300 Singletree LnEden Prairie, MN 55344
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.
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$1,541 - $4,316
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,425 - $4,200
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Bellamy Minnetonka
10702 Red Circle DrHopkins, MN 55343
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$1,552 - $1,603
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,544 - $1,595
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Eden Glen
13670 Valley View RdEden Prairie, MN 55344
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$1,581 - $3,795
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Fox & The Grouse
6901 Flying Cloud DrEden Prairie, MN 55344
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1 to 2 Bedroom Apartments
105 13th Ave S
105 13th Ave SHopkins, MN 55343
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1 to 2 Bedroom Apartments
Loon Apartments
57 6th Ave SHopkins, MN 55343
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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 Bedroom Apartments
Villager Apartments
601 17th Ave NHopkins, MN 55305
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1 to 2 Bedroom Apartments
Lamplighter Village Apartments
28 6th Ave SHopkins, MN 55343
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1 to 3 Bedroom Apartments
The Burnes Building
604 Main StHopkins, 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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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 | $1,523 | $1,053 | $2,378 |
| Oak Terrace 1 Bedroom Apartments | $1,872 | $995 | $3,418 |
| Oak Terrace 2 Bedroom Apartments | $2,380 | $1,231 | $4,706 |
| Oak Terrace 3 Bedroom Apartments | $3,125 | $1,829 | $4,692 |
| Oak Terrace 4 Bedroom Apartments | $2,300 | $2,300 | $2,300 |
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 63 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
- Nearby Cities
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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 Hopkins Village Apartments priced from $1,018. The Dubliner has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Oak Terrace apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hopkins Village Apartments | One Bedroom | 1BR,1BA | $1,018 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1,050 |
| 1510 on Main | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,125 |
| Brentwood Park Townhomes | Sovereign | 1BR,1BA | $1,163 |
| Brentwood Apartments | Sovereign | 1BR,1BA | $1,163 |
| Hunters Ridge | Jennings | 1BR,1BA | $1,180 |
| 5th On Main | Studio C | Studio,1BA | $1,196 |
| Gold Crest Apartments | 1 Bed - 1 Bath | 1BR,1BA | $1,249 |
| Stratford Wood | Timberland Deluxe | 1BR,1BA | $1,252 |
| Trail Pointe Ridge | Two B | 2BR,1BA | $1,277 |
Best Value Apartments for Rent in Oak Terrace, MN
As of July 26, 2026 the best value apartment in the Oak Terrace area is the $1.61 price per square foot Elm Model at Shadow Green Apartments in the in the Eden Prairie neighborhood starting from $1,971. The second greatest value Oak Terrace apartment is the Two Bedroom Model at Rosewood West starting at $1,530 with a $1.37 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. |
|---|---|---|---|
| Shadow Green Apartments | Elm | 3BR,2BA | $1.61 |
| Rosewood West | Two Bedroom | 2BR,1.75BA | $1.37 |
| Eden Glen | The Cedar | 2BR,1BA | $1.49 |
| 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 | $1.67 |
| 1510 on Main | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.50 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1.50 |
| Hunters Ridge | Jennings | 1BR,1BA | $1.70 |
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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Real 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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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
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 $1,277.
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 $3,222.
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 23 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 $206 which is $3,016 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.
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.