Cheap Homes for Rent in the Oak Terrace Neighborhood of Minnetonka, MN from $1,200 (14 Rentals)

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

property at 1023 Smetana Rd

$1,245

Total Monthly Price

Total Monthly Price

Base Rent
$1,245

Total Monthly Price
$1,245

1 Bedroom Rentals

Available Now

1023 Smetana Rd

HopkinsMN55343
property at 930 Westbrooke Way

$1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

930 Westbrooke Way, Unit 930-2

930 Westbrooke Way
HopkinsMN55343
property at 930 Westbrooke Way

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

930 Westbrooke Way

HopkinsMN55343
property at 818 Old Settlers Trail

$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 Sep 1

property at 13570 Technology Dr.

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Townhome for Rent

Available Sep 1

13570 Technology Dr.

Eden PrairieMN55344
property at 915 11th Ave S

$1,425

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

2 Bedroom, 1 Bath Condo for Rent

Available Aug 1

915 11th Ave S, Unit 915-1

915 11th Ave S
HopkinsMN55343

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 1007 11th Ave S

$1,450

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Condo for Rent

Available Now

1007 11th Ave S, Unit 1007 11th Ave S

1007 11th Ave S
HopkinsMN55343
property at 1007 11th Ave S

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Condo for Rent

Available Now

1007 11th Ave S

HopkinsMN55343
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 829 Old Settlers Trail

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

property at 829 Old Settlers Trl

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

829 Old Settlers Trl, Unit 4

829 Old Settlers Trl
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
property at 1029 Smetana Rd

$1,700

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Condo for Rent

Available Aug 1

1029 Smetana Rd, Unit 4

1029 Smetana Rd
HopkinsMN55343

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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
1510 on Main1 Bedroom 1 Bathroom1BR,1BA$1,125
Brentwood Park TownhomesSovereign1BR,1BA$1,158
Brentwood ApartmentsSovereign1BR,1BA$1,158

Best Value Apartments for Rent in Oak Terrace, MN

As of July 21, 2026 the best value apartment in the Oak Terrace area is the $1.37 price per square foot Two Bedroom Model at Rosewood West in the in the Hopkins neighborhood starting from $1,530. The second greatest value Oak Terrace apartment is the The Cedar Model at Eden Glen starting at $1,552 with a $1.49 price per square foot in the Eden Prairie 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.
Rosewood WestTwo Bedroom2BR,1.75BA$1.37
Eden GlenThe Cedar2BR,1BA$1.49
Trail Pointe RidgeTwo B2BR,1BA$1.33
Gold Crest Apartments1 Bed - 1 Bath1BR,1BA$1.50
Parkside Apartments2 BR - 35 Building2BR,1BA$1.63
Claremont ApartmentsA1BR,1BA$1.68
Shadow Green ApartmentsMaple1BR,1BA$1.72
1510 on Main1 Bedroom 1 Bathroom1BR,1BA$1.50
The Dubliner1 Bedroom1BR,1BA$1.50
Hunters RidgeJennings1BR,1BA$1.70

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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Frequently Asked Questions about Oak Terrace

What type of rentals are currently available in Oak Terrace?

There are currently 98 Apartments for Rent in Oak Terrace, MN with pricing that ranges from $1,018 to $4,692. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Terrace ranging from $1,245 to $8,900.

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 $1,245 to $8,900 with an average monthly rent of $3,516.

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 $1,829 to $4,692, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $4,495. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $2,300.

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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