
Cheap Apartments for Rent in Shakopee, MN from $900 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Shakopee.


Legacy Central 55+ Senior Apartments

River City Centre Senior Apartments 55+

Hunters Ridge

Total Monthly Price
Huntington Park

Arbor Landing Apartments

Northridge Court-55+ Senior Housing

Total Monthly Price
922 Spencer St S

Total Monthly Price
The Sixton
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.

Shakopee Flats

Total Monthly Price
Avana Addison

Total Monthly Price
The DECO

Total Monthly Price
The Blakeley

Total Monthly Price
Arlington Ridge Apartments

Elwood Apartment Homes

Total Monthly Price
Riva Ridge Apartments

Total Monthly Price
White Pines Apartments

TRIO @ southbridge
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.

Total Monthly Price
609 Market St S, Unit 5

OMRY at Canterbury

Total Monthly Price
Arasan

Huntington Park Apartments

Shakopee Village Apartments

Garden Lane Apartments

Sarazin Flats

609 Market St S

The Willows
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Core Crossings Apartments

1389 Highpoint Curve

Boulder Ridge Townhomes

7501 W 101st St, Unit 202

Total Monthly Price
Jeffers Waterfront Apartments

7601 W 101st St

Olympic Ridge Apartments

10929 Quebec Ave S, Unit 10929

13073 Crimson clover ln
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.

4175 Quaker Trail NE

Total Monthly Price
Bristol Village Apartments

McKenna Crossing (Senior 65+)

Town Square Place

13570 Technology Dr.

Lake Ridge Apartments

Pike Lake Marsh

Zen Chaska

4664 Tower St SE
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.

13316 Zenith Ln

3315 Skyview Dr

4041 W 125th St

6010 Chasewood Pkwy
Shakopee, MN Local Guide

How much does it cost to rent an apartment in Shakopee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Shakopee Studio Apartments | $1,445 | $974 | $1,839 |
| Cheap Shakopee 1 Bedroom Apartments | $1,727 | $1,076 | $5,707 |
| Cheap Shakopee 2 Bedroom Apartments | $2,321 | $1,300 | $7,219 |
| Cheap Shakopee 3 Bedroom Apartments | $2,888 | $1,575 | $10,000+ |
Browse Top Apartments in Shakopee
See all Apartments in ShakopeeExplore Shakopee
Shakopee, MN Local Guide
- Shakopee Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Shakopee Apartments for Rent
 The cheapest available apartment rental in Shakopee, MN is a 2 Beds unit found at Huntington Park in the Spring Lake Estates neighborhood priced from $1,300. Avana Addison in the Spring Lake Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,343. Here is today’s list of the most affordable Shakopee apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Huntington Park | Aspen | 2BR,1BA | $1,300 |
| Avana Addison | A2 | 1BR,1BA | $1,343 |
| Arbor Landing Apartments | 2 Bedroom | 2BR,1BA | $1,375 |
| The DECO | Etta | Studio,1BA | $1,378 |
| Shakopee Flats | Knife River | 1BR,1BA | $1,386 |
| Elwood Apartment Homes | Arkle | Studio,1BA | $1,388 |
| Northridge Court-55+ Senior Housing | One Bedroom Plus Den | 1BR,1BA | $1,394 |
| Arlington Ridge Apartments | 2 Bedroom Small | 2BR,1BA | $1,410 |
| The Blakeley | Bronze | Studio,1BA | $1,415 |
| Pike Lake Marsh | C2 Type B | 2BR,2BA | $1,419 |
Best Value Apartments for Rent in Shakopee, MN
As of July 08, 2026 the best value apartment in the Shakopee area is the $1.85 price per square foot End Unit Model at Gateway Court Townhomes in the in the Highland Shores neighborhood starting from $3,140. The second greatest value Shakopee apartment is the Three Bedroom Townhome Model at Boulder Ridge Townhomes starting at $1,863 with a $1.38 price per square foot in the Spring Lake Estates neighborhood. Here is today’s list of the best values for Shakopee apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gateway Court Townhomes | End Unit | 3BR,2.5BA | $1.85 |
| Boulder Ridge Townhomes | Three Bedroom Townhome | 3BR,2BA | $1.38 |
| Core Crossings Apartments | Three Bedroom A | 3BR,2BA | $1.12 |
| Pike Lake Marsh | C2 Type B | 2BR,2BA | $1.34 |
| Avana Addison | B1 | 2BR,2BA | $1.93 |
| White Pines Apartments | A2 | 1BR,1BA | $1.86 |
| Arbor Landing Apartments | 2 Bedroom | 2BR,1BA | $1.47 |
| 609 Market St S, Unit 5 | 609 Market St S | 2BR,1BA | $1.67 |
| Arlington Ridge Apartments | 2 Bedroom Small | 2BR,1BA | $1.68 |
| Huntington Park | Aspen | 2BR,1BA | $1.58 |
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.
Read ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Shakopee, MN
Shakopee Senior High School
Shakopee East Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shakopee, MN Rentals by Map
See the most popular apartments and homes in Shakopee, MN
Frequently Asked Questions about Cheap Shakopee Apartments
What is the Cheapest Studio apartment in Shakopee?
Currently the most affordable Cheap Studio Apartment in Shakopee is at The DECO listed at $1,378.
How much is rent for a Cheap One Bedroom Shakopee Apartment?
The lowest price for a Cheap One Bedroom Shakopee Apartment is $1,343 at Avana Addison.
What is the lowest price for a Cheap Two Bedroom Shakopee Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shakopee is starting from $1,300 at Huntington Park.
What is the most affordable Shakopee Three Bedroom Apartment?
The best deal on a cheap Shakopee Three Bedroom Apartment rental is at Core Crossings Apartments and starts from $1,460.
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.
Helpful Local Expert Guides

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.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.