Cheap Homes for Rent in Hopkins, MN from $1,000 (17 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Hopkins.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Hopkins - One of the Best Affordable Neighborhoods in Minneapolis

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

Hopkins, MN Local Guide

Cheapest Available Hopkins Apartments for Rent

 

The cheapest available apartment rental in Hopkins, MN is a Studio unit found at Knollwood Towers West Apartments in the Creekside neighborhood priced from $938. Hopkins Village Apartments in the Glen Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $988. Here is today’s list of the most affordable Hopkins apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Knollwood Towers West ApartmentsStudioStudio,1BA$938
Hopkins Village ApartmentsOne Bedroom1BR,1BA$988
Fine Living at Aquila Park & Royal ParkThe OpalStudio,1BA$1,020
Brentwood Park TownhomesStudioStudio,1BA$1,025
Era on ExcelsiorPowerStudio,1BA$1,055

Best Value Apartments for Rent in Hopkins, MN

As of April 27, 2025 the best value apartment in the Hopkins area is the $1.41 price per square foot 2 Bedroom - B1 Model at Vernon Oaks Apartments in the in the Creekside neighborhood starting from $1,587. The second greatest value Hopkins apartment is the 2 Bedroom Model at Putnam Properties in Hopkins starting at $1,395 with a $1.40 price per square foot in the Glen Lake neighborhood. Here is today’s list of the best values for Hopkins apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Vernon Oaks Apartments2 Bedroom - B12BR,2BA$1.41
Putnam Properties in Hopkins2 Bedroom2BR,1BA$1.40
WestsideVernon2BR,1BA$1.41
Crown Ridge2Bed 1Bath2BR,1BA$1.20
Rosewood West1 Bedroom - Available Now!1BR,1BA$1.38
Knollwood Estates2 Bedroom2BR,1BA$1.39
Copper Stone Apartments2 Bedroom 1 Bath2BR,1BA$1.54
Cedar Ridge ApartmentsOne Bedroom1BR,1BA$1.48
RamsgateOxford1BR,1BA$1.46
1210-1220 Cambridge St. (Hopkins)1b/L1BR,1BA$1.55

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Hopkins

What type of rentals are currently available in Hopkins?

There are currently 227 Apartments for Rent in Hopkins, MN with pricing that ranges from $895 to $8,370. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hopkins ranging from $1,095 to $8,499.

What is the current price range for Rental Homes in Hopkins?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hopkins ranges from $1,095 to $8,499 with an average monthly rent of $3,117.

How much are larger Three and Four Bedroom Rentals in Hopkins?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Hopkins range from $1,275 to $8,370, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $3,095. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,500.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.