
Cheap Apartments for Rent in the Park Meadows Neighborhood of Shakopee, MN from $900 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Meadows area of Shakopee.


Legacy Central 55+ Senior Apartments

River City Centre Senior Apartments 55+

Hunters Ridge

Total Monthly Price
Huntington Park

Arbor Landing Apartments

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

Northridge Court-55+ Senior Housing
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.

Total Monthly Price
White Pines Apartments

Total Monthly Price
The Blakeley

Total Monthly Price
The DECO

Shakopee Flats

Elwood Apartment Homes

Total Monthly Price
308 Lewis St S

318 Lewis St S

101 Lewis St S, Unit 2
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.

Riva Ridge Apartments

Total Monthly Price
Avana Addison

Total Monthly Price
508 Dakota St S, Unit 1

Total Monthly Price
609 Market St S, Unit 5

Total Monthly Price
The Sixton

OMRY at Canterbury

Total Monthly Price
Arasan

914 Sommerville St S
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.

Huntington Park Apartments

Shakopee Village Apartments

Garden Lane Apartments

Sarazin Flats

609 Market St S

The Willows

Boulder Ridge Townhomes

Total Monthly Price
Jeffers Waterfront Apartments
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.

McKenna Crossing (Senior 65+)

Lake Ridge Apartments

Pike Lake Marsh
Park Meadows, Shakopee, MN Local Guide

How much does it cost to rent an apartment in Park Meadows?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Meadows Studio Apartments | $1,453 | $974 | $1,839 |
| Park Meadows 1 Bedroom Apartments | $1,672 | $1,076 | $5,215 |
| Park Meadows 2 Bedroom Apartments | $2,281 | $1,200 | $6,466 |
| Park Meadows 3 Bedroom Apartments | $2,827 | $1,575 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 3 mile radius of the Park Meadows Neighborhood of Shakopee, MN.
See all Apartments in ShakopeeExplore Shakopee
Park Meadows, Shakopee, MN Local Guide
- Nearby Shakopee neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Park Meadows Apartments for Rent
 The cheapest available apartment rental in the Park Meadows area of Minneapolis, MN is a 1 Bed unit found at Hunters Ridge priced from $1,100. Huntington Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,120. Here are the most affordable Park Meadows apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hunters Ridge | 1BR/1.0BA | 1BR,1BA | $1,100 |
| Huntington Park | Willow | Studio,1BA | $1,120 |
| White Pines Apartments | A | 1BR,1BA | $1,291 |
| 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 |
| Elwood Apartment Homes | Arkle | Studio,1BA | $1,400 |
| Lake Ridge Apartments | 0 Bed | 1 Bath (Studio) | Studio,1BA | $1,418 |
| Pike Lake Marsh | C2 Type B | 2BR,2BA | $1,419 |
| Avana Addison | A2 | 1BR,1BA | $1,433 |
Best Value Apartments for Rent in Park Meadows, MN
As of June 09, 2026 the best value apartment in the Park Meadows area is the $1.89 price per square foot Castle Model at Arasan in the in the Spring Lake Estates neighborhood starting from $2,790. The second greatest value Park Meadows 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 Park Meadows apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arasan | Castle | 3BR,2BA | $1.89 |
| Boulder Ridge Townhomes | Three Bedroom Townhome | 3BR,2BA | $1.38 |
| Legacy Central 55+ Senior Apartments | 2 Bed | 2BR,2BA | $1.67 |
| Pike Lake Marsh | C2 Type B | 2BR,2BA | $1.34 |
| Riva Ridge Apartments | 2B | 2BR,2BA | $1.95 |
| White Pines Apartments | A2 | 1BR,1BA | $1.71 |
| Arbor Landing Apartments | 2 Bedroom | 2BR,1BA | $1.47 |
| 609 Market St S, Unit 5 | 609 Market St S | 2BR,1BA | $1.67 |
| Northridge Court-55+ Senior Housing | One Bedroom Plus Den | 1BR,1BA | $1.98 |
| Hunters Ridge | 1BR/1.0BA | 1BR,1BA | $1.69 |
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 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.
Pet Friendly LifestylePark Meadows, Shakopee, MN
Ranked #1
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Park Meadows, Shakopee, MN
Shakopee Senior High School
Shakopee East Junior High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Minnesota and customized analysis for Minneapolis-St. Paul, Minnesota. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, multifamily communities for the kids, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Park Meadows Apartments
What is a cheap apartment in Park Meadows?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park Meadows is under $1,433.
What is the price of a cheap apartment in Park Meadows?
The cheapest apartment in Park Meadows is Hunters Ridge which is listed at $1,100, while the average apartment in Park Meadows costs $2,641.
What types of apartments are the cheapest in Park Meadows?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Park Meadows that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Park Meadows?
Cheap apartments in Park Meadows have an average cost of $115 which is $2,526 cheaper than the average rent for all rentals in Park Meadows.
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

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.

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.