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$1,085 - $1,695
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,085 - $1,695
Total Monthly Price
$1,085 - $1,695
Hunters Ridge
19000 Stratford RdMinnetonka, MN 55345
Cheap Apartments for Rent in the Oak Terrace Neighborhood of Minnetonka, MN from $800 (65 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oak Terrace area of Minnetonka.
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Rent Specials
$1,158 - $5,074
Plus Fees
Studio to 3 Bedroom Apartments Available NowMinnetonka Station
10400 E Bren 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
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$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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$1,357 - $4,055
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,334 - $4,032
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Alcott
11050 Red Circle DrMinnetonka, MN 55343
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Rent Specials
$1,385 - $2,515
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTownline Apartments
10950 Red Circle DrMinnetonka, MN 55343
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$1,395 - $2,320
Total Monthly Price
1 to 3 Bedroom Apartments Available Jul 31Total Monthly Price
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$1,395 - $2,320
Total Monthly Price
$1,395 - $2,320
The Views of Minnetonka
5445-5455 Smetana RdMinnetonka, MN 55343
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$1,405 - $1,750
Plus Fees
Studio to 2 Bedroom Apartments Available NowClaremont Apartments
10745 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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$1,600 - $1,680
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Aug 1Total Monthly Price
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$1,575 - $1,655
Required Monthly Fees
$25
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$1,600 - $1,680
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
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 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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$1,018 - $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
709 11th Ave S, Unit 6
709 11th Ave S
HopkinsMN55343
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$1,100 - $1,350
Plus Fees1 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityTown Terrace Apartments
9900 Excelsior BlvdHopkins, MN 55343
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$1,125 - $1,495
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Jun 15Putnam Properties in Hopkins
33 6th Ave NHopkins, MN 55343
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$1,146 - $2,096
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,125 - $2,075
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Shadow Green Apartments
14247 Valley View RdEden Prairie, MN 55344
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$1,241 - $2,605
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Ellie
8075 Eden Prairie RdEden Prairie, MN 55347
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.
930 Westbrooke Way, Unit 930-1
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 Jun 30Rosewood West
460 5th Ave NHopkins, MN 55343
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$1,299 - $1,495
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,299 - $1,495
Total Monthly Price
$1,299 - $1,495
Oakridge Apartments
640 Oak Ridge RdHopkins, MN 55305
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$1,300 - $1,840
Total Monthly Price1 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
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$1,300 - $1,840
Total Monthly Price
$1,300 - $1,840
5th On Main
517 MainstreetHopkins, MN 55343
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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
Plus Fees
1 to 2 Bedroom Apartments Available NowSterling Ponds Apartments
16315 Wagner WayEden Prairie, MN 55344
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$1,330 - $3,200
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,330 - $3,200
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Park at City West Apartments
6426 City West PkyEden Prairie, MN 55344
932 Westbrooke Way
HopkinsMN55343
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$1,388 - $1,668
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,380 - $1,660
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Eden Glen
13670 Valley View RdEden Prairie, MN 55344
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$1,389 - $1,798
Plus Fees
2 to 3 Bedroom Apartments Available NowTrail Pointe Ridge
16397 Glory LnEden Prairie, MN 55344
Cash 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.
932 Westbrooke Way
HopkinsMN55343
13560 Technology Dr
Eden PrairieMN55344
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$1,435
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Jul 10Chanhassen Village
7701 Chanhassen RdChanhassen, MN 55317
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$1,439 - $3,069
Plus Fees
1 to 2 Bedroom Apartments Available NowArrive Watertower
12300 Singletree LnEden Prairie, MN 55344
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$1,450 - $3,345
Plus Fees
Studio to 2 Bedroom Apartments Available NowOvation
1118 MainstreetHopkins, MN 55343
1007 11th Ave S, Unit 1007 11th Ave S
1007 11th Ave S
HopkinsMN55343
935 11th Ave S, Unit 8
935 11th Ave S
HopkinsMN55343
13560 Technology Dr, Unit 1103
13560 Technology Dr
Eden PrairieMN55344
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$1,506 - $3,995
Plus Fees
Studio to 2 Bedroom Apartments Available Jun 25Elevate at Southwest Station
12900 Technology DrEden Prairie, MN 55344
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$1,519 - $3,458
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Fox & The Grouse
6901 Flying Cloud DrEden Prairie, MN 55344
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.
6485 Grandview Dr
Eden PrairieMN55346
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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 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
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1 to 3 Bedroom Apartments
The Burnes Building
604 Main StHopkins, MN 55343
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Studio to 3 Bedroom Apartments
Brentwood Apartments
614-624 Robinwood LnHopkins, MN 55305
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1 to 3 Bedroom Apartments
Trailside Apartments
335 17th Ave NHopkins, MN 55343
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.
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 | $1,531 | $1,053 | $2,320 |
| Oak Terrace 1 Bedroom Apartments | $1,891 | $1,018 | $3,466 |
| Oak Terrace 2 Bedroom Apartments | $2,481 | $1,231 | $4,517 |
| Oak Terrace 3 Bedroom Apartments | $3,073 | $1,798 | $5,074 |
| Oak Terrace 4 Bedroom Apartments | $2,999 | $2,999 | $2,999 |
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 65 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 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 |
| Hunters Ridge | Crystal | Studio,1BA | $1,085 |
| Minnetonka Station | Lanewood A - Income Restricted | Studio,1BA | $1,158 |
| Stratford Wood | Timberland | 1BR,1BA | $1,175 |
| Brentwood Apartments | Sovereign | 1BR,1BA | $1,224 |
| Brentwood Park Townhomes | Sovereign | 1BR,1BA | $1,224 |
| Oakridge Apartments | 1 | 1BR,1BA | $1,299 |
| 5th On Main | Studio B Furnished | Studio,1BA | $1,300 |
| Parkside Apartments | 2 BR - 35 Building | 2BR,1BA | $1,300 |
Best Value Apartments for Rent in Oak Terrace, MN
As of June 11, 2026 the best value apartment in the Oak Terrace area is the $1.47 price per square foot E Model at Claremont Apartments in the in the Glen Lake neighborhood starting from $1,620. The second greatest value Oak Terrace apartment is the 2 Bedroom - Balcony Model at Quail Ridge Apartments starting at $1,641 with a $1.56 price per square foot in the Glen Lake 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 | E | 2BR,2BA | $1.47 |
| Quail Ridge Apartments | 2 Bedroom - Balcony | 2BR,2BA | $1.56 |
| Eden Glen | The Cedar | 2BR,1BA | $1.54 |
| Trail Pointe Ridge | Two B | 2BR,1BA | $1.45 |
| Edenvale | The Oak | 2BR,1BA | $1.68 |
| Parkside Apartments | 2 BR - 35 Building | 2BR,1BA | $1.63 |
| Oakridge Apartments | 1 | 1BR,1BA | $1.65 |
| Shadow Green Apartments | Maple | 1BR,1BA | $1.68 |
| The Dubliner | 1 Bedroom | 1BR,1BA | $1.50 |
| Stratford Wood | Timberland | 1BR,1BA | $1.68 |
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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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 $1,300.
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 $3,176.
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 $244 which is $2,932 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
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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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.