Cheap Apartments for Rent in the Parkwood Knolls Neighborhood of Minneapolis, MN from $600 (54 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkwood Knolls area of Minneapolis.

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Arbor Court
1 to 3 Bedroom Apartments

Arbor Court

3755 S Wooddale AveMinneapolis, MN 55416
  • Utilities Included

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!

property at 807 Smetana Rd

807 Smetana Rd

HopkinsMN55343
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Chorus Apartments
Studio to 4 Bedroom Apartments

Chorus Apartments

1295 NE 2nd StHopkins, MN 55343
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Brentwood Apartments
1 Bedroom Apartments

Brentwood Apartments

614-624 Robinwood LnHopkins, MN 55305
  • Utilities Included
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105 13th Ave S
1 Bedroom Apartments

105 13th Ave S

105 13th Ave SHopkins, MN 55343
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RJZ Apartments
1 Bedroom Apartments

RJZ Apartments

110 11th Ave SHopkins, MN 55343
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921-941 11th Ave. S
1 to 2 Bedroom Apartments

921-941 11th Ave. S

819-941 11th Ave SHopkins, MN 55343
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Parkside Apartments
Studio to 2 Bedroom Apartments

Parkside Apartments

115-135 13th Ave SHopkins, MN 55343
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The Dubliner
1 Bedroom Apartments

The Dubliner

114 12th Ave SHopkins, MN 55343
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Creek Point Apartments
Studio to 1 Bedroom Apartments

Creek Point Apartments

1045 Hiawatha AveHopkins, MN 55343
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Westbrooke Condos
1 to 2 Bedroom Apartments

Westbrooke Condos

900-930 6th St SHopkins, MN 55343
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Loon Apartments
2 Bedroom Apartments

Loon Apartments

57 6th Ave SHopkins, MN 55343
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Central Park Manor
1 to 2 Bedroom Apartments

Central Park Manor

1510 MainstreetHopkins, MN 55343
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Trailside Apartments
2 Bedroom Apartments

Trailside Apartments

335 17th Ave NHopkins, MN 55343
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Preserve at Shady Oak
1 Bedroom Apartments

Preserve at Shady Oak

10987 Bren Rd EMinnetonka, MN 55343
Corporate Housing
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Parkwood Knolls, Minneapolis, MN Local Guide

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 ListingModel NameBed/BathPriced From
Knollwood Towers West ApartmentsStudioStudio,1BA$952
Hopkins Village ApartmentsOne Bedroom1BR,1BA$988
Creek Point ApartmentsStudioStudio,1BA$1,068
Era on ExcelsiorPower - Income Restrictions ApplyStudio,1BA$1,080
RamsgateOxford1BR,1BA$1,125
1210-1220 Cambridge St. (Hopkins)1b/L1BR,1BA$1,125
Central Park Manor1 Bedroom 1 Bathroom1BR,1BA$1,167
Knollwood Towers East Apartments1 Bedroom 1 Bathroom1BR,1BA$1,179
Creekwood EstatesThe Pine1BR,1BA$1,185
Second Street Station1 bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Vernon Oaks Apartments2 Bedroom - B12BR,2BA$1.41
Claremont ApartmentsE2BR,2BA$1.53
The Views of MinnetonkaFerndale2BR,1.8BA$1.58
WestsideVernon2BR,1BA$1.41
GreenfieldDolney2BR,2BA$1.65
Rosewood West1 Bedroom - Available Now!1BR,1BA$1.38
Town Terrace Apartments2 BR/ 1 BA2BR,1BA$1.59
RamsgateOxford1BR,1BA$1.50
Trailside Apartments2 Bedroom2BR,1BA$1.60
1210-1220 Cambridge St. (Hopkins)1b/L1BR,1BA$1.55

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Pet Friendly Lifestyle
Parkwood Knolls, Minneapolis, MN

Ranked #79

Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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.

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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.

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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.