
Cheap Apartments for Rent in Shakopee, MN from $900 (54 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

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Huntington Park

Arbor Landing Apartments

121 3rd Ave E, Unit 119.5 3rd Ave E Apt 2

Northridge Court-55+ Senior Housing

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Avana Addison

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White Pines Apartments
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.

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The Blakeley

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The DECO

101 Lewis St S, Unit Unit 2

1427 Shakopee Ave E, Unit 2

Elwood Apartment Homes

Riva Ridge Apartments

Shakopee Flats

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Arlington Ridge Apartments

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508 Dakota St S, Unit 1, Unit 1

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The Sixton
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.

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Arasan

TRIO @ southbridge

OMRY at Canterbury

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609 Market St S, Unit 5, Unit 5

914 Sommerville St S

672 Cobblestone Way

Huntington Park Apartments

Shakopee Village Apartments

Garden Lane Apartments

Sarazin Flats
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.

609 Market St S

The Willows

Core Crossings Apartments

Boulder Ridge Townhomes

2052 12th Ave W

Olympic Ridge Apartments

7601 W 101st St, Unit 220, Unit 220

7401 W 101st St, Unit 119, Unit 119

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Jeffers Waterfront Apartments

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

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Bristol Village Apartments

10962 Highland Rd

McKenna Crossing (Senior 65+)

Town Square Place

Lake Ridge Apartments

Zen Chaska

8856 Jasmine Ln

13316 Zenith Ln

3315 Skyview Dr
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.
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 | $1,414 | $974 | $1,839 |
| Cheap Shakopee 1 Bedroom Apartments | $1,675 | $1,076 | $5,007 |
| Cheap Shakopee 2 Bedroom Apartments | $2,243 | $1,200 | $6,479 |
| Cheap Shakopee 3 Bedroom Apartments | $2,720 | $1,575 | $3,300 |
Browse Top Apartments in Shakopee
See all Apartments in ShakopeeExplore Shakopee
Shakopee, MN Local Guide
- Shakopee Neighborhoods
- Nearby Cities
- ZIP codes
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- School Districts
Cheapest Available Shakopee Apartments for Rent
 The cheapest available apartment rental in Shakopee, MN is a Studio unit found at Huntington Park in the Spring Lake Estates neighborhood priced from $1,120. Lake Ridge Apartments in the Downtown Prior Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,318. Here is today’s list of the most affordable Shakopee apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Huntington Park | Willow | Studio,1BA | $1,120 |
| Lake Ridge Apartments | 0 Bed | 1 Bath (Studio) | Studio,1BA | $1,318 |
| The Blakeley | Bronze | Studio,1BA | $1,350 |
| Arbor Landing Apartments | 2 Bedroom | 2BR,1BA | $1,375 |
| Northridge Court-55+ Senior Housing | One Bedroom Plus Den | 1BR,1BA | $1,394 |
| Arlington Ridge Apartments | 2 Bedroom Small | 2BR,1BA | $1,485 |
| Elwood Apartment Homes | Nyquist | 1BR,1BA | $1,494 |
| The Sixton | Quincy | 1BR,1BA | $1,498 |
| The Triple Crown Residences At Canterbury | Overbrook | 1BR,1BA | $1,499 |
| Shakopee Flats | West River- ADA | 1BR,1BA | $1,500 |
Best Value Apartments for Rent in Shakopee, MN
As of May 24, 2026 the best value apartment in the Shakopee area is the $1.85 price per square foot End Unit Model at Gateway Court Townhomes - Shakopee, MN 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 $1.13 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 - Shakopee, MN | End Unit | 3BR,2.5BA | $1.85 |
| Boulder Ridge Townhomes | Three Bedroom Townhome | 3BR,2BA | $1.13 |
| Arasan | Castle | 3BR,2BA | $1.89 |
| Legacy Central 55+ Senior Apartments | 2 Bed | 2BR,2BA | $1.67 |
| Avana Addison | B1 | 2BR,2BA | $1.59 |
| White Pines Apartments | A2 | 1BR,1BA | $1.73 |
| Olympic Ridge Apartments | Santorini | 2BR,1BA | $1.73 |
| Arbor Landing Apartments | 2 Bedroom | 2BR,1BA | $1.47 |
| Arlington Ridge Apartments | 2 Bedroom Small | 2BR,1BA | $1.77 |
| Northridge Court-55+ Senior Housing | One Bedroom Plus Den | 1BR,1BA | $1.98 |
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 Huntington Park listed at $1,120.
How much is rent for a Cheap One Bedroom Shakopee Apartment?
The lowest price for a Cheap One Bedroom Shakopee Apartment is $1,175 at Huntington Park.
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 $1,340 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 Boulder Ridge Townhomes and starts from $1,863.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.