Cheap Homes for Rent in River Valley Estates Neighborhood of Shakopee, MN from $700 (3 Rentals)

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Search the lowest-cost Homes available for rent right now in the River Valley Estates area of Shakopee.

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.

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.

River Valley Estates, Shakopee, MN Local Guide

Best Value Apartments for Rent in River Valley Estates, MN

As of April 27, 2026 the best value apartment in the River Valley Estates area is the $1.13 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 River Valley Estates apartment is the Holmes Model at The DECO starting at $2,110 with a $2.00 price per square foot in the The Preserve neighborhood. Here is today’s list of the best values for River Valley Estates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Boulder Ridge TownhomesThree Bedroom Townhome3BR,2BA$1.13
The DECOHolmes2BR,2BA$2.00
Pike Lake MarshC22BR,2BA$1.34
White Pines ApartmentsA21BR,1BA$1.70
Arbor Landing Apartments2 Bedroom2BR,1BA$1.47
Shakopee FlatsCedar River1BR,1BA$1.96
Elwood Apartment HomesNyquist1BR,1BA$2.04
Riva Ridge Apartments1A1BR,1BA$2.03
Northridge Court-55+ Senior HousingOne Bedroom Plus Den1BR,1BA$1.98
Legacy Central 55+ Senior ApartmentsStudioStudio ,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.

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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.

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The 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.

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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.

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Quick 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.

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Pet Friendly Lifestyle
River Valley Estates, Shakopee, MN

Ranked #4

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about River Valley Estates

What type of rentals are currently available in River Valley Estates?

There are currently 53 Apartments for Rent in River Valley Estates, MN with pricing that ranges from $974 to $3,391. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in River Valley Estates ranging from $700 to $3,150.

What is the current price range for Rental Homes in River Valley Estates?

Today's rental pricing for Homes for Rent, Condos and Townhomes in River Valley Estates ranges from $700 to $3,150 with an average monthly rent of $2,408.

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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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.

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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.

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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.

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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

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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.

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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.

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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.

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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.