
Cheap Homes for Rent in Shakopee, MN from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Shakopee.


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

7501 W 101st St, Unit 202

1023 Smetana Rd

318 Lewis St S
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.

942 Westbrooke Way

8856 Jasmine Ln

13316 Zenith Ln

13073 Crimson clover ln

914 Sommerville St S
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.

3315 Skyview Dr
Shakopee, MN Local Guide

How much does it cost to rent a home in Shakopee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shakopee 2 Bedroom Homes for Rent | $1,937 | $1,550 | $2,400 |
| Shakopee 3 Bedroom Homes for Rent | $2,680 | $1,850 | $3,599 |
| Shakopee 4 Bedroom Homes for Rent | $3,251 | $2,375 | $3,895 |
| Shakopee 5 Bedroom Homes for Rent | $4,595 | $4,200 | $4,990 |
Browse Top Homes for Rent in Shakopee
Explore Shakopee
Shakopee, MN Local Guide
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Cheapest Available Shakopee Apartments for Rent
 The cheapest available apartment rental in Shakopee, MN is a 1 Bed unit found at Hunters Ridge in the Spring Lake Estates neighborhood priced from $1,100. Huntington Park in the Spring Lake Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here is today’s list of the most affordable Shakopee apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hunters Ridge | 1BR/1.0BA | 1BR,1BA | $1,100 |
| Huntington Park | Maple | 1BR,1BA | $1,175 |
| White Pines Apartments | A | 1BR,1BA | $1,281 |
| The Blakeley | Bronze | Studio,1BA | $1,350 |
| Arbor Landing Apartments | 2 Bedroom | 2BR,1BA | $1,375 |
Best Value Apartments for Rent in Shakopee, MN
As of June 13, 2026 the best value apartment in the Shakopee area is the $1.59 price per square foot Middle Unit Model at Gateway Court Townhomes in the in the Highland Shores neighborhood starting from $2,710. 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 | Middle Unit | 3BR,2.5BA | $1.59 |
| Boulder Ridge Townhomes | Three Bedroom Townhome | 3BR,2BA | $1.38 |
| Core Crossings Apartments | Three Bedroom B | 3BR,2BA | $1.43 |
| Pike Lake Marsh | C2 Type B | 2BR,2BA | $1.34 |
| White Pines Apartments | A2 | 1BR,1BA | $1.70 |
| 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 |
| Hunters Ridge | 1BR/1.0BA | 1BR,1BA | $1.69 |
| Huntington Park | Hickory | 1BR,1BA | $1.85 |
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 Shakopee
What type of rentals are currently available in Shakopee?
There are currently 89 Apartments for Rent in Shakopee, MN with pricing that ranges from $974 to $6,494. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shakopee ranging from $995 to $4,990.
What is the current price range for Rental Homes in Shakopee?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shakopee ranges from $995 to $4,990 with an average monthly rent of $2,766.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.