Cheap Homes for Rent in Oak Terrace Neighborhood of Minnetonka, MN from $1,200 (12 Rentals)

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

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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 $988. Brentwood Park Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $1,030. Here are the most affordable Oak Terrace apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Hopkins Village ApartmentsOne Bedroom1BR,1BA$988
Brentwood Park TownhomesStudioStudio,1BA$1,030
The TownlineSanibelStudio,1BA$1,047
The Dubliner1 Bedroom1BR,1BA$1,050
Trailside Apartments1 Bedroom1BR,1BA$1,060

Best Value Apartments for Rent in Oak Terrace, MN

As of August 03, 2025 the best value apartment in the Oak Terrace area is the $1.45 price per square foot The Cedar Model at Eden Glen in the in the Glen Lake neighborhood starting from $1,502. The second greatest value Oak Terrace apartment is the Oak Model at Shadow Green Apartments starting at $1,425 with a $1.40 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Eden GlenThe Cedar2BR,1BA$1.45
Shadow Green ApartmentsOak2BR,1BA$1.40
The Views of MinnetonkaEllsworth2BR,1.8BA$1.60
Town Terrace Apartments2 BR/ 1 BA2BR,1BA$1.33
Bren Road Station 55+ ApartmentsTwo Bedroom C2BR,2BA$1.60
EdenvaleThe Oak2BR,1BA$1.59
Chanhassen Village2BR 1BA-U2BR,1BA$1.46
Claremont ApartmentsA1BR,1BA$1.51
The Dubliner1 Bedroom1BR,1BA$1.50
Trailside Apartments1 Bedroom1BR,1BA$1.51

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Frequently Asked Questions about Oak Terrace

What type of rentals are currently available in Oak Terrace?

There are currently 101 Apartments for Rent in Oak Terrace, MN with pricing that ranges from $850 to $4,406. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Terrace ranging from $1,200 to $5,700.

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 $1,200 to $5,700 with an average monthly rent of $3,342.

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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.