
Apartments for Rent with Specials in the Oak Terrace Neighborhood of Minnetonka, MN (14 Rentals)
Apartments in the Oak Terrace area of Minnetonka with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.


Minnetonka Station

Total Monthly Price
Saddlewood Park Townhomes

Claremont Apartments

Ovation Apartments

Arrive Watertower

Total Monthly Price
ReNew Town Center
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.

Central Park Manor

The Fox & The Grouse

Total Monthly Price
Shadow Green Apartments

Paravel

Total Monthly Price
5th On Main

Town Terrace Apartments

Rosewood West
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.
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 | $1,394 | $1,049 | $1,840 |
| Oak Terrace 1 Bedroom Apartments | $1,670 | $950 | $2,480 |
| Oak Terrace 2 Bedroom Apartments | $2,195 | $1,189 | $5,765 |
| Oak Terrace 3 Bedroom Apartments | $2,776 | $1,832 | $4,047 |
| Oak Terrace 4 Bedroom Apartments | $2,895 | $2,895 | $2,895 |
Browse Apartments in this Neighborhood
There are currently 14 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
- ZIP codes
- Local Counties
- School Districts
Top Minnetonka Apartments in the Oak Terrace Area with Move-In Specials Ending Soon
Specials updated: 12-06-2025Take advantage of these move-in and rent specials that are ending soon for top Oak Terrace, MN apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
ReNew Town Center
Enjoy one month FREE rent when you make ReNew Town Center your new home! Offer valid on 12+ month lease terms. Please see a Leasing Consultant for details and restrictions.Expires 12-07-2025
Arrive Watertower
Enjoy one month FREE rent when you make Arrive Watertower your new home! Offer valid on 12+ month lease terms. Please see a leasing consultant for details and restrictions.Expires 12-07-2025
Central Park Manor
Look & Lease Holiday Special... Apply Now and receive 1 MONTH FREE RENT! Must rent on first visit and move-in within 14 days of application submission. This offer is on select locations only. Terms and conditions apply. Listed Utilities Included!* - Water - Sewer - Trash - Gas *Residents will be accountable for any utilities for which they receive a bill directly from the service provider. This includes, but is not limited to, electricity, internet, cable, and phone services.Expires 12-07-2025
Minnetonka Station
1 & 2 Bedrooms available for move-in!Expires 12-07-2025
Claremont Apartments
Online Leasing Promo Code: OCT30 - Waive $200 administrative fee, look and lease only! - $200.00 offExpires 12-07-2025
Alcott
1 Month Free on 15-month lease. *Pricing and specials are subject to change. Additional restrictions may apply. Listed pricing may include an incentive applied.Expires 12-07-2025
Paravel
Two months rent free! Contact our team for details!Expires 12-07-2025
The Fox & The Grouse
Receive ONE MONTH FREE! Applies to select apartments, advertised pricing reflects current special.Expires 12-07-2025
Ovation Apartments
Receive TWO MONTHS FREE on select units when you move in by December 15, 2025. Contact us for details!Expires 12-15-2025
5th On Main
At 5th On Main, we can charge rent weekly from $299 to $425 to better fit your budget. This is a month-to-month lease that requires a 30-day stay and a 30-day notice to vacate. Enjoy the peace and serenity of our community in Hopkins without any worry or obligation to a long-term commitment. Don't wait, availability is limited!Expires 12-31-2025
Newly Listed Move-In Specials offers for Apartments in Oak Terrace, MN
Specials updated: 12-06-2025Here are the most recently added special offers for renters looking to find the best deals on apartments in Oak Terrace, MN. Be sure to take advantage of some of the area’s top offers.
Shadow Green Apartments
Up to $1,500 off rent on select Apartments if you apply within 48hrs of tour with approval for a 12-month lease.Expires 12-31-2025
5th On Main
At 5th On Main, we can charge rent weekly from $299 to $425 to better fit your budget. This is a month-to-month lease that requires a 30-day stay and a 30-day notice to vacate. Enjoy the peace and serenity of our community in Hopkins without any worry or obligation to a long-term commitment. Don't wait, availability is limited!Expires 12-31-2025
Rosewood West
Rosewood West's current rent special includes $500 off your first month of rent for all of our units, if you move in before 1/01/2026!Expires 01-01-2026
Ovation Apartments
Receive TWO MONTHS FREE on select units when you move in by December 15, 2025. Contact us for details!Expires 12-15-2025
Saddlewood Park Townhomes
1 month free rent on 2nd month on qualified applications. Must be on a 13 month lease. Move in before January 15thExpires 01-15-2026
Town Terrace Apartments
LOOK & LEASE RENT SPECIAL: APPLY IN 48 HOURS OF YOUR SHOWING AND GET A $500 RENT CREDIT! CALL TODAY FOR MORE DETAILSExpires 01-31-2026
Central Park Manor
Look & Lease Holiday Special... Apply Now and receive 1 MONTH FREE RENT! Must rent on first visit and move-in within 14 days of application submission. This offer is on select locations only. Terms and conditions apply. Listed Utilities Included!* - Water - Sewer - Trash - Gas *Residents will be accountable for any utilities for which they receive a bill directly from the service provider. This includes, but is not limited to, electricity, internet, cable, and phone services.Expires 12-07-2025
Minnetonka Station
1 & 2 Bedrooms available for move-in!Expires 12-07-2025
Claremont Apartments
Online Leasing Promo Code: OCT30 - Waive $200 administrative fee, look and lease only! - $200.00 offExpires 12-07-2025
Alcott
1 Month Free on 15-month lease. *Pricing and specials are subject to change. Additional restrictions may apply. Listed pricing may include an incentive applied.Expires 12-07-2025
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 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.
Pet Friendly LifestyleOak Terrace, Minnetonka, MN
Ranked #3
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Oak Terrace, Minnetonka, MN
Eden Prairie High School
School data provided by Great Schools
Frequently Asked Questions about Rent Specials Oak Terrace Apartments
What is the Cheapest Rent Specials apartment in Oak Terrace?
Currently the most affordable Rent Specials Apartment in Oak Terrace is at Minnetonka Station listed at $1,204.
How much is the average rent for a Rent Specials Oak Terrace Apartment?
The average rent for a Rent Specials Apartment in Oak Terrace is $2,122.
What is the largest Rent Specials Oak Terrace Apartment for rent?
Today's Rent Specials apartment with the most square footage in Oak Terrace is a 1,714 square feet unit starting from $1,349 at Alcott.
What is the average size for Oak Terrace Rent Specials Apartments for rent?
The average size for a Rent Specials rental in Oak Terrace is currently at 690 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

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!