Cheap Apartments for Rent in the Park Valley Neighborhood of Hopkins, MN from $800 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Valley area of Hopkins.

Hopkins Village Apartments

1210-1220 Cambridge St. (Hopkins)

Brentwood Park Townhomes

Town Terrace Apartments

Putnam Properties in Hopkins

Ovation Apartments

827 Old Settlers Trail

1011 11th Ave S

817 Smetana Rd

820 Old Settlers Trail

802 Old Settlers Trail

1006 Westbrooke Way

935-911 11th Ave S

908 9th Ave S

Minnetonka Station

Oaks Lincoln Apartments

The Townline

Claremont Apartments

Alcott

Bren Road Station 55+ Apartments
Park Valley, Hopkins, MN Local Guide

How much does it cost to rent an apartment in Park Valley?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Park Valley Studio Apartments | $1,522 | $860 | $2,405 |
Park Valley 1 Bedroom Apartments | $1,756 | $885 | $2,790 |
Park Valley 2 Bedroom Apartments | $2,450 | $1,250 | $4,100 |
Park Valley 3 Bedroom Apartments | $2,898 | $1,800 | $4,877 |
Park Valley 4 Bedroom Apartments | $2,695 | $2,695 | $2,695 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 1 mile radius of the Park Valley Neighborhood of Hopkins, MN.
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Park Valley, Hopkins, MN Local Guide
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Cheapest Available Park Valley Apartments for Rent
 The cheapest available apartment rental in the Park Valley area of Minneapolis, MN is a 1 Bed unit found at Hopkins Village Apartments priced from $885. The Dubliner has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,010. Here are the most affordable Park Valley apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hopkins Village Apartments | One Bedroom | 1BR,1BA | $885 |
The Dubliner | 1 Bedroom | 1BR,1BA | $1,010 |
Minnetonka Station | Lanewood A - Income Restricted | Studio,1BA | $1,057 |
5th On Main | Studio C | Studio,1BA | $1,196 |
The Townline | Sanibel | Studio,1BA | $1,207 |
Cottages of Edina | Welcome to our beautiful 1 bedroom | 1BR,1BA | $1,225 |
Town Terrace Apartments | 2 BR/ 1 BA | 2BR,1BA | $1,275 |
Ovation Apartments | Vox (A) | Studio,1BA | $1,295 |
1210-1220 Cambridge St. (Hopkins) | 2b | 2BR,1BA | $1,325 |
Claremont Apartments | A | 1BR,1BA | $1,325 |
Best Value Apartments for Rent in Park Valley, MN
As of March 26, 2025 the best value apartment in the Park Valley area is the $1.51 price per square foot Colonial Townhome Model at Brentwood Park Townhomes in the in the Glen Lake neighborhood starting from $1,645. The second greatest value Park Valley apartment is the Ferndale Model at The Views of Minnetonka starting at $1,595 with a $1.57 price per square foot in the Glen Lake neighborhood. Here is today’s list of the best values for Park Valley apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Brentwood Park Townhomes | Colonial Townhome | 2BR,1BA | $1.51 |
The Views of Minnetonka | Ferndale | 2BR,1.8BA | $1.57 |
Greenfield | Dolney | 2BR,2BA | $1.65 |
Bren Road Station 55+ Apartments | Two Bedroom A | 2BR,2BA | $1.71 |
Central Park Manor | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.57 |
Cottages of Edina | Welcome to our beautiful 1 bedroom | 1BR,1BA | $1.36 |
1210-1220 Cambridge St. (Hopkins) | 2b | 2BR,1BA | $1.51 |
Town Terrace Apartments | 2 BR/ 1 BA | 2BR,1BA | $1.59 |
Claremont Apartments | A | 1BR,1BA | $1.66 |
The Dubliner | 1 Bedroom | 1BR,1BA | $1.44 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePark Valley, Hopkins, MN
Ranked #5
Among neighborhoods in Hopkins, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Park Valley Apartments
What is a cheap apartment in Park Valley?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park Valley is under $1,325.
What is the price of a cheap apartment in Park Valley?
The cheapest apartment in Park Valley is Hopkins Village Apartments which is listed at $885, while the average apartment in Park Valley costs $2,840.
What types of apartments are the cheapest in Park Valley?
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 286 regular apartments in Park Valley 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 Valley?
Cheap apartments in Park Valley have an average cost of $296 which is $2,544 cheaper than the average rent for all rentals in Park Valley.
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.

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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.