
Cheap Homes for Rent in Oak Terrace Neighborhood of Minnetonka, MN from $1,100 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Oak Terrace area of Minnetonka.


903 11th Ave S

918 9th Ave S

930 6th St S

902 9th Ave S
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.

906 9th Ave S

1006 Westbrooke Way

946 Westbrooke Way

24 16th Ave N

15280 Lesley Ln

13525 Zenith Ln
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.

13570 Technology Dr.

13570 Technology Dr, Unit 2112

13525 Zenith Ln

17494 Pond Cir

1011 11th Ave S

1011 11th Ave S, Unit 7
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.
Oak Terrace, Minnetonka, MN Local Guide

How much does it cost to rent a home in Oak Terrace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oak Terrace 2 Bedroom Homes for Rent | $1,778 | $1,200 | $2,575 |
Oak Terrace 3 Bedroom Homes for Rent | $2,897 | $2,395 | $3,900 |
Oak Terrace 4 Bedroom Homes for Rent | $3,549 | $2,550 | $5,500 |
Oak Terrace 5 Bedroom Homes for Rent | $3,597 | $3,395 | $3,800 |
Oak Terrace 6 Bedroom Homes for Rent | $4,300 | $4,300 | $4,300 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 3 mile radius of the Oak Terrace Neighborhood of Minnetonka, MN.
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Oak Terrace, Minnetonka, MN Local Guide
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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 $988. Claremont Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,005. 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 | $988 |
Claremont Apartments | Studio | Studio,1BA | $1,005 |
Brentwood Apartments | Studio | Studio,1BA | $1,030 |
Brentwood Park Townhomes | Studio | Studio,1BA | $1,039 |
Town Terrace Apartments | 1 BR/1 BA | 1BR,1BA | $1,045 |
Best Value Apartments for Rent in Oak Terrace, MN
As of October 14, 2025 the best value apartment in the Oak Terrace area is the $1.55 price per square foot Elm Model at Shadow Green Apartments in the in the Glen Lake neighborhood starting from $1,895. The second greatest value Oak Terrace apartment is the The Oak Model at Edenvale starting at $1,520 with a $1.60 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. |
---|---|---|---|
Shadow Green Apartments | Elm | 3BR,2BA | $1.55 |
Edenvale | The Oak | 2BR,1BA | $1.60 |
Rosewood West | 1 Bedroom - Available in October! | 1BR,1BA | $1.38 |
ReNew Town Center | A | 1BR,1BA | $1.72 |
Town Terrace Apartments | 2 BR/ 1 BA | 2BR,1BA | $1.49 |
Stratford Wood | Timberland + Den | 1BR,1BA | $1.49 |
Trailside Apartments | 1 Bedroom | 1BR,1BA | $1.51 |
Oakridge Apartments | One Bedroom | 1BR,1BA | $1.71 |
The Dubliner | 1 Bedroom | 1BR,1BA | $1.50 |
Hopkins Village Apartments | One Bedroom | 1BR,1BA | $1.71 |
Quick Rent Budget Calculator
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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 Oak Terrace
What type of rentals are currently available in Oak Terrace?
There are currently 102 Apartments for Rent in Oak Terrace, MN with pricing that ranges from $988 to $4,507. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Terrace ranging from $1,150 to $5,500.
What is the current price range for Rental Homes in Oak Terrace?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oak Terrace ranges from $1,150 to $5,500 with an average monthly rent of $2,936.
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.

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

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.