Cheap Apartments for Rent in the Parkwood Knolls Neighborhood of Minneapolis, MN from $600 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkwood Knolls area of Minneapolis.

Knollwood Towers West Apartments

Hopkins Village Apartments

529 17th Ave N, Unit 1 bedroom

1210-1220 Cambridge St. (Hopkins)

Brentwood Park Townhomes

Town Terrace Apartments

Era on Excelsior

1321 Division St
Parkwood Knolls
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

Oaks Lincoln Apartments

Claremont Apartments

Creekwood Estates

Putnam Properties in Hopkins

Second Street Station

The Townline

Alcott

7 18th Ave N

Ovation Apartments

Oakridge Apartments

Bren Road Station 55+ Apartments

Minnetonka Station

Carriage House Apartments

The Views of Minnetonka

Hoigaard Village

The Hallon Luxury Apartments

Urban Park I and II Apartments

807 Smetana Rd
Parkwood Knolls, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Parkwood Knolls?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Parkwood Knolls Studio Apartments | $1,509 | $952 | $2,373 |
Parkwood Knolls 1 Bedroom Apartments | $1,715 | $988 | $3,123 |
Parkwood Knolls 2 Bedroom Apartments | $2,491 | $1,275 | $7,430 |
Parkwood Knolls 3 Bedroom Apartments | $2,609 | $1,585 | $4,574 |
Parkwood Knolls 4 Bedroom Apartments | $2,695 | $2,695 | $2,695 |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 2 mile radius of the Parkwood Knolls Neighborhood of Minneapolis, MN.
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Parkwood Knolls, Minneapolis, MN Local Guide
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Cheapest Available Parkwood Knolls Apartments for Rent
 The cheapest available apartment rental in the Parkwood Knolls area of Minneapolis, MN is a Studio unit found at Knollwood Towers West Apartments priced from $952. Hopkins Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $988. Here are the most affordable Parkwood Knolls apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Knollwood Towers West Apartments | Studio | Studio,1BA | $952 |
Hopkins Village Apartments | One Bedroom | 1BR,1BA | $988 |
Creek Point Apartments | Studio | Studio,1BA | $1,068 |
Era on Excelsior | Power - Income Restrictions Apply | Studio,1BA | $1,080 |
Ramsgate | Oxford | 1BR,1BA | $1,125 |
1210-1220 Cambridge St. (Hopkins) | 1b/L | 1BR,1BA | $1,125 |
Central Park Manor | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,167 |
Knollwood Towers East Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,179 |
Creekwood Estates | The Pine | 1BR,1BA | $1,185 |
Second Street Station | 1 bedroom | 1BR,1BA | $1,189 |
Best Value Apartments for Rent in Parkwood Knolls, MN
As of April 12, 2025 the best value apartment in the Parkwood Knolls 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 Parkwood Knolls apartment is the E Model at Claremont Apartments starting at $1,685 with a $1.53 price per square foot in the Glen Lake neighborhood. Here is today’s list of the best values for Parkwood Knolls apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Vernon Oaks Apartments | 2 Bedroom - B1 | 2BR,2BA | $1.41 |
Claremont Apartments | E | 2BR,2BA | $1.53 |
The Views of Minnetonka | Ferndale | 2BR,1.8BA | $1.58 |
Westside | Vernon | 2BR,1BA | $1.41 |
Greenfield | Dolney | 2BR,2BA | $1.65 |
Rosewood West | 1 Bedroom - Available Now! | 1BR,1BA | $1.38 |
Town Terrace Apartments | 2 BR/ 1 BA | 2BR,1BA | $1.59 |
Ramsgate | Oxford | 1BR,1BA | $1.50 |
Trailside Apartments | 2 Bedroom | 2BR,1BA | $1.60 |
1210-1220 Cambridge St. (Hopkins) | 1b/L | 1BR,1BA | $1.55 |
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Pet Friendly LifestyleParkwood Knolls, Minneapolis, MN
Ranked #79
Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Western Minneapolis-St. Paul, MN. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, 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 Parkwood Knolls Apartments
What is the Cheapest Studio apartment in Parkwood Knolls?
Currently the most affordable Cheap Studio Apartment in Parkwood Knolls is at Knollwood Towers West Apartments listed at $952.
How much is rent for a Cheap One Bedroom Parkwood Knolls Apartment?
The lowest price for a Cheap One Bedroom Parkwood Knolls Apartment is $988 at Hopkins Village Apartments.
What is the lowest price for a Cheap Two Bedroom Parkwood Knolls Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parkwood Knolls is starting from $1,195 at Ramsgate.
What is the most affordable Parkwood Knolls Three Bedroom Apartment?
The best deal on a cheap Parkwood Knolls Three Bedroom Apartment rental is at Bren Road Station 55+ Apartments and starts from $1,853.
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.