
Luxury Apartments for Rent in the Oak Terrace Neighborhood of Minnetonka, MN (37 Rentals)
The most luxurious Apartments in the Oak Terrace area of Minnetonka with high-end amenities, features, and finishes.


Total Monthly Price
Alcott

Minnetonka Station

Rize at Opus Park

5801 Covington Ter

4648 Caribou Dr

14325 Stewart Ln

13641 Spring Lake Rd

Stratford Wood

Beacon Hill
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.

Arrive Watertower

Ovation

Total Monthly Price
ReNew Town Center

The Bluffs at Nine Mile Creek

The Fox & The Grouse

Total Monthly Price
The Ellie

Total Monthly Price
Park at City West Apartments

Total Monthly Price
Tanager Creek Rental Townhomes

Elevate at Southwest Station

Paravel
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.

The Moline

Total Monthly Price
MartinBlu

Total Monthly Price
63 7th Ave S, Unit 2

6868 Stonewood Ct

15320 Trillium Cir

11893 Dunhill Rd

7323 Paulsen Dr

7315-7315 Bagpipe Blvd

423 12th Ave N

63 7th Ave S
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.

19115 Homestead Cir

47 1/2 6th Ave S

47 6th Ave S

19135 Highland Ave

6471 Bay Dr

Gallery Flats

Marketplace and Main Apartments
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 | $1,472 | $1,045 | $2,247 |
| Oak Terrace 1 Bedroom Apartments | $1,762 | $950 | $3,756 |
| Oak Terrace 2 Bedroom Apartments | $2,282 | $1,195 | $5,829 |
| Oak Terrace 3 Bedroom Apartments | $2,736 | $1,816 | $4,047 |
| Oak Terrace 4 Bedroom Apartments | $2,895 | $2,895 | $2,895 |
Browse Apartments in this Neighborhood
There are currently 37 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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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 ArticleThe 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.
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including Oak Terrace, Minnetonka, and the greater Minneapolis-St. Paul area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, features that make it easier to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Oak Terrace
How much are Studio apartments in Oak Terrace?
There are currently 28 Studio Apartments in Oak Terrace with rent ranges from $1,045 to $2,247 with an average price of $1,472.
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 $950 to $3,756 with an average monthly rent of $1,762.
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 $1,195 to $5,829. Today's average rental price for Two Bedrooms here is $2,282.
How expensive are Oak Terrace Three Bedroom Apartments?
There are currently 37 Three Bedroom Apartments listings available in Oak Terrace on ApartmentHomeLiving.com. The pricing ranges from $1,816 to $4,047 - averaging $2,736 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

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
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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
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Articles, How-To's, and Tips

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!