Cheap Homes for Rent in Oak Terrace Neighborhood of Minnetonka, MN from $1,000 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the Oak Terrace area of Minnetonka.

property at 810 9th Ave S

$1,099

Total Monthly Price

Total Monthly Price

Base Rent
$1,099

Total Monthly Price
$1,099

1 Bedroom, 1 Bath Townhome for Rent

Available Now

810 9th Ave S

HopkinsMN55343
property at 709 11th Ave S

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

709 11th Ave S, Unit 6

709 11th Ave S
HopkinsMN55343
property at 930 Westbrooke Way

$1,250

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

930 Westbrooke Way, Unit 930-1

930 Westbrooke Way
HopkinsMN55343
property at 1023 Smetana Rd

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

1 Bedroom Rentals

Available Now

1023 Smetana Rd

HopkinsMN55343
property at 926 Westbrooke Way

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

926 Westbrooke Way

HopkinsMN55343

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.

property at 806 Old Settlers Trail

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

property at 935 11th Ave S

$1,460

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,460

Total Monthly Price
$1,460

2 Bedroom, 1 Bath Condo for Rent

Available Now

935 11th Ave S, Unit 8

935 11th Ave S
HopkinsMN55343
property at 942 Westbrooke Way

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Condo for Rent

Available Now

942 Westbrooke Way

HopkinsMN55343

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.

Oak Terrace, Minnetonka, MN Local Guide

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 ListingModel NameBed/BathPriced From
Hopkins Village ApartmentsOne Bedroom1BR,1BA$1,018
The Dubliner1 Bedroom1BR,1BA$1,050
Hunters RidgeCrystalStudio,1BA$1,085

Best Value Apartments for Rent in Oak Terrace, MN

As of June 05, 2026 the best value apartment in the Oak Terrace area is the $1.54 price per square foot The Cedar Model at Eden Glen in the in the Glen Lake neighborhood starting from $1,603. The second greatest value Oak Terrace apartment is the Two B Model at Trail Pointe Ridge starting at $1,389 with a $1.45 price per square foot in the Oak Terrace neighborhood. Here is today’s list of the best values for Oak Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eden GlenThe Cedar2BR,1BA$1.54
Trail Pointe RidgeTwo B2BR,1BA$1.45
EdenvaleThe Oak2BR,1BA$1.68
Rosewood WestOne Bedroom1BR,1BA$1.40
Claremont ApartmentsA1BR,1BA$1.74
Parkside Apartments2 BR - 35 Building2BR,1BA$1.63
Oakridge Apartments11BR,1BA$1.65
Shadow Green ApartmentsMaple1BR,1BA$1.68
The Dubliner1 Bedroom1BR,1BA$1.50
Stratford WoodTimberland1BR,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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Quick 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.

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Frequently Asked Questions about Oak Terrace

What type of rentals are currently available in Oak Terrace?

There are currently 100 Apartments for Rent in Oak Terrace, MN with pricing that ranges from $1,018 to $5,400. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Terrace ranging from $1,099 to $4,500.

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 $1,099 to $4,500 with an average monthly rent of $2,264.

How much are larger Three and Four Bedroom Rentals in Oak Terrace?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Oak Terrace range from $1,798 to $5,074, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,095 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $2,999.

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.

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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