Cheap Homes for Rent in Oak Terrace Neighborhood of Minnetonka, MN from $1,100 (18 Rentals)

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

property at 917 11th Ave S

917 11th Ave S

HopkinsMN55343
property at 903 11th Ave S

903 11th Ave S

HopkinsMN55343
property at 930 6th St S

930 6th St S

HopkinsMN55343
property at 902 9th Ave S

902 9th Ave S

HopkinsMN55343

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.

property at 906 9th Ave S

906 9th Ave S

HopkinsMN55343
property at 1006 Westbrooke Way

1006 Westbrooke Way

HopkinsMN55343
property at 946 Westbrooke Way

946 Westbrooke Way

HopkinsMN55343
property at 15280 Lesley Ln

15280 Lesley Ln

Eden PrairieMN55346
property at 13525 Zenith Ln

13525 Zenith Ln

Eden PrairieMN55346

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.

property at 13570 Technology Dr.

13570 Technology Dr.

Eden PrairieMN55344
property at 13570 Technology Dr

13570 Technology Dr, Unit 2112

13570 Technology Dr
Eden PrairieMN55344
property at 13525 Zenith Ln

13525 Zenith Ln

Eden PrairieMN55346
property at 17494 Pond Cir

17494 Pond Cir

Eden PrairieMN55346
property at 1011 11th Ave S

1011 11th Ave S, Unit 7

1011 11th Ave S
HopkinsMN55343

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

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 ListingModel NameBed/BathPriced From
Hopkins Village ApartmentsOne Bedroom1BR,1BA$988
Claremont ApartmentsStudioStudio,1BA$1,005
Brentwood ApartmentsStudioStudio,1BA$1,030
Brentwood Park TownhomesStudioStudio,1BA$1,039
Town Terrace Apartments1 BR/1 BA1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Shadow Green ApartmentsElm3BR,2BA$1.55
EdenvaleThe Oak2BR,1BA$1.60
Rosewood West1 Bedroom - Available in October!1BR,1BA$1.38
ReNew Town CenterA1BR,1BA$1.72
Town Terrace Apartments2 BR/ 1 BA2BR,1BA$1.49
Stratford WoodTimberland + Den1BR,1BA$1.49
Trailside Apartments1 Bedroom1BR,1BA$1.51
Oakridge ApartmentsOne Bedroom1BR,1BA$1.71
The Dubliner1 Bedroom1BR,1BA$1.50
Hopkins Village ApartmentsOne Bedroom1BR,1BA$1.71

Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Oak Terrace, Minnetonka, MN

Ranked #3

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.