
Cheap Apartments for Rent in the River Valley Estates Neighborhood of Shakopee, MN from $900 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the River Valley Estates area of Shakopee.


Legacy Central 55+ Senior Apartments

River City Centre Senior Apartments 55+

Hunters Ridge

Total Monthly Price
Huntington Park

Arbor Landing Apartments

Total Monthly Price
1928 Shakopee Ave E, Unit One
Rent According to Income: A Look at Income-Restricted Rentals
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Northridge Court-55+ Senior Housing

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Avana Addison

Shakopee Flats

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The DECO

Total Monthly Price
Riva Ridge Apartments

Elwood Apartment Homes

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White Pines Apartments
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OMRY at Canterbury

1013 Newport Ave

680 Cobblestone Way

1055 Spencer St S

2232 Affirmed Dr

Huntington Park Apartments

Shakopee Village Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Garden Lane Apartments

Sarazin Flats

609 Market St S

Boulder Ridge Townhomes

316 Shawnee Trail

Total Monthly Price
Jeffers Waterfront Apartments

4175 Quaker Trail NE
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.

McKenna Crossing (Senior 65+)

Lake Ridge Apartments

Pike Lake Marsh
River Valley Estates, Shakopee, MN Local Guide

How much does it cost to rent an apartment in River Valley Estates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| River Valley Estates Studio Apartments | $1,469 | $974 | $1,839 |
| River Valley Estates 1 Bedroom Apartments | $1,733 | $1,076 | $5,265 |
| River Valley Estates 2 Bedroom Apartments | $2,403 | $1,300 | $8,815 |
| River Valley Estates 3 Bedroom Apartments | $2,568 | $1,575 | $3,034 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 3 mile radius of the River Valley Estates Neighborhood of Shakopee, MN.
See all Apartments in ShakopeeExplore Shakopee
River Valley Estates, Shakopee, MN Local Guide
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Cheapest Available River Valley Estates Apartments for Rent
 The cheapest available apartment rental in the River Valley Estates area of Minneapolis, MN is a 1 Bed unit found at Huntington Park priced from $1,175. Avana Addison has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,298. Here are the most affordable River Valley Estates apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Huntington Park | Maple | 1BR,1BA | $1,175 |
| Avana Addison | A2 | 1BR,1BA | $1,298 |
| The Triple Crown Residences At Canterbury | Foxwoods | Studio,1BA | $1,365 |
| Shakopee Flats | Knife River | 1BR,1BA | $1,368 |
| 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 | $1,434 |
| Jeffers Waterfront Apartments | The Cabin | 1BR,1BA | $1,480 |
| The DECO | Stella | 1BR,1BA | $1,616 |
Best Value Apartments for Rent in River Valley Estates, MN
As of July 26, 2026 the best value apartment in the River Valley Estates area is the $1.11 price per square foot Four Bedroom Townhome Model at Boulder Ridge Townhomes in the in the Spring Lake Estates neighborhood starting from $2,063. The second greatest value River Valley Estates apartment is the 1928 Shakopee Ave E Model at 1928 Shakopee Ave E, Unit One starting at $1,200 with a $0.86 price per square foot in the Spring Lake Estates neighborhood. Here is today’s list of the best values for River Valley Estates apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Boulder Ridge Townhomes | Four Bedroom Townhome | 4BR,2BA | $1.11 |
| 1928 Shakopee Ave E, Unit One | 1928 Shakopee Ave E | 1BR,1BA | $0.86 |
| Avana Addison | B1 | 2BR,2BA | $2.02 |
| White Pines Apartments | A2 | 1BR,1BA | $1.88 |
| Arbor Landing Apartments | 2 Bedroom | 2BR,1BA | $1.47 |
| 1055 Spencer St S | 3 Bedroom | 3BR,2BA | $2.22 |
| Elwood Apartment Homes | Skye | 1BR,1BA | $2.18 |
| Northridge Court-55+ Senior Housing | One Bedroom Plus Den | 1BR,1BA | $1.98 |
| Jeffers Waterfront Apartments | The Cabin | 1BR,1BA | $2.27 |
| Huntington Park | Maple | 1BR,1BA | $1.84 |
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 LifestyleRiver Valley Estates, Shakopee, MN
Ranked #4
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in River Valley Estates, Shakopee, MN
Shakopee Senior High School
Shakopee East Junior High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Minnesota including River Valley Estates, Shakopee, and the greater Minneapolis-St. Paul area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, 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 River Valley Estates Apartments
What is a cheap apartment in River Valley Estates?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in River Valley Estates is under $1,616.
What is the price of a cheap apartment in River Valley Estates?
The cheapest apartment in River Valley Estates is Huntington Park which is listed at $1,175, while the average apartment in River Valley Estates costs $2,964.
What types of apartments are the cheapest in River Valley Estates?
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 2 regular apartments in River Valley Estates 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 River Valley Estates?
Cheap apartments in River Valley Estates have an average cost of $141 which is $2,823 cheaper than the average rent for all rentals in River Valley Estates.
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

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Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.

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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.

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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.