
Cheap Homes for Rent in Park Meadows Neighborhood of Shakopee, MN from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Meadows area of Shakopee.


316 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.

1033 Bluff Ave E

2248 Affirmed Dr
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.

914 Sommerville St S
Park Meadows, Shakopee, MN Local Guide

How much does it cost to rent a home in Park Meadows?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Meadows 2 Bedroom Homes for Rent | $1,926 | $1,795 | $2,150 |
| Park Meadows 3 Bedroom Homes for Rent | $2,337 | $2,200 | $2,475 |
| Park Meadows 4 Bedroom Homes for Rent | $2,645 | $700 | $3,299 |
| Park Meadows 5 Bedroom Homes for Rent | $2,940 | $2,940 | $2,940 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 3 mile radius of the Park Meadows Neighborhood of Shakopee, MN.
Explore Shakopee
Park Meadows, Shakopee, MN Local Guide
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Cheapest Available Park Meadows Apartments for Rent
 The cheapest available apartment rental in the Park Meadows area of Minneapolis, MN is a Studio unit found at Legacy Central 55+ Senior Apartments priced from $1,075. Huntington Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here are the most affordable Park Meadows apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Legacy Central 55+ Senior Apartments | Studio | Studio,1BA | $1,075 |
| Huntington Park | Maple | 1BR,1BA | $1,175 |
| Lake Ridge Apartments | 0 Bed | 1 Bath (Studio) | Studio,1BA | $1,298 |
Best Value Apartments for Rent in Park Meadows, MN
As of April 15, 2026 the best value apartment in the Park Meadows area is the $1.38 price per square foot Three Bedroom Townhome Model at Boulder Ridge Townhomes in the in the Spring Lake Estates neighborhood starting from $1,863. The second greatest value Park Meadows apartment is the Wallis Model at The DECO starting at $1,799 with a $1.64 price per square foot in the The Preserve 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. |
|---|---|---|---|
| Boulder Ridge Townhomes | Three Bedroom Townhome | 3BR,2BA | $1.38 |
| The DECO | Wallis | 2BR,2BA | $1.64 |
| Pike Lake Marsh | C2 | 2BR,2BA | $1.34 |
| White Pines Apartments | A2 | 1BR,1BA | $1.70 |
| Arbor Landing Apartments | 2 Bedroom | 2BR,1BA | $1.47 |
| Avana Addison | 3a1-belm | 1BR,1BA | $1.72 |
| Shakopee Flats | Cedar River | 1BR,1BA | $1.95 |
| Northridge Court-55+ Senior Housing | One Bedroom Plus Den | 1BR,1BA | $1.98 |
| Huntington Park | Maple | 1BR,1BA | $1.84 |
| Legacy Central 55+ Senior Apartments | Studio | Studio ,1BA | $2.00 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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
Frequently Asked Questions about Park Meadows
What type of rentals are currently available in Park Meadows?
There are currently 62 Apartments for Rent in Park Meadows, MN with pricing that ranges from $974 to $7,896. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Meadows ranging from $700 to $3,299.
What is the current price range for Rental Homes in Park Meadows?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Meadows ranges from $700 to $3,299 with an average monthly rent of $2,249.
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
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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.

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Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.