
Cheap Apartments for Rent in the Shelard Park Neighborhood of Minneapolis, MN from $700 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shelard Park area of Minneapolis.


Volo at Texa Tonka

Brier Creek Apartments

Fine Living at Aquila Park & Royal Park

Creekside Apartments

Rhode Island Chateau Apartments

Hampshire House

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

Trentwood Apartments

Westwood Gardens

Westwood Chateau Apartments

Arrive at Medicine Lake

Avana Minnetonka

Cedar Hills

3063 Virginia Ave S

10211 Cedar Lk Rd S

Cedar Ridge Apartments

The Ridge Apartments

Lou Park

Willow Creek

Westwind Apartments

Minnetonka Hills Apartments

Regency Woods

Copper Stone Apartments

11210 & 11215 12th Avenue

Medicine Lake Apartments

Shelard Village Apartments

Idaho Park West

Louisiana Court Apartments
Shelard Park, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Shelard Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shelard Park Studio Apartments | $1,717 | $995 | $2,610 |
Shelard Park 1 Bedroom Apartments | $1,917 | $900 | $6,616 |
Shelard Park 2 Bedroom Apartments | $2,650 | $1,100 | $5,950 |
Shelard Park 3 Bedroom Apartments | $3,154 | $1,275 | $8,006 |
Browse Apartments in this Neighborhood
There are currently 44 rentals with your search options within a 2 mile radius of the Shelard Park Neighborhood of Minneapolis, MN.
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Shelard Park, Minneapolis, MN Local Guide
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Cheapest Available Shelard Park Apartments for Rent
 The cheapest available apartment rental in the Shelard Park area of Minneapolis, MN is a Studio unit found at Fine Living at Aquila Park & Royal Park priced from $1,020. Creekside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,070. Here are the most affordable Shelard Park apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Fine Living at Aquila Park & Royal Park | The Opal | Studio,1BA | $1,020 |
Creekside Apartments | Bassett | Studio,1BA | $1,070 |
Crown Ridge | 2Bed 1Bath | 2BR,1BA | $1,100 |
Rhode Island Chateau Apartments | One Bedroom | 1BR,1BA | $1,150 |
Trentwood Apartments | One Bedroom | 1BR,1BA | $1,150 |
Avana Minnetonka | A1W | 1BR,1BA | $1,192 |
Cedar Ridge Apartments | One Bedroom Available Now | 1BR,1BA | $1,250 |
Lou Park | Victoria - Income Restrictions Apply | 1BR,1BA | $1,250 |
The Ridge Apartments | One Bedroom | 1BR,1BA | $1,250 |
Hampshire House | The Alvin | 2BR,1BA | $1,265 |
Best Value Apartments for Rent in Shelard Park, MN
As of April 12, 2025 the best value apartment in the Shelard Park area is the $1.60 price per square foot 2A, 2B Model at RidgeGate Apartments in the in the Groveland neighborhood starting from $2,025. The second greatest value Shelard Park apartment is the The Cardinal Model at Shelard Village Apartments starting at $1,670 with a $1.60 price per square foot in the Shelard Park neighborhood. Here is today’s list of the best values for Shelard Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
RidgeGate Apartments | 2A, 2B | 2BR,2BA | $1.60 |
Shelard Village Apartments | The Cardinal | 2BR,2BA | $1.60 |
Westwood Gardens | 2R - Ren | 2BR,1BA | $1.51 |
Hampshire House | The Alvin | 2BR,1BA | $1.33 |
Crown Ridge | 2Bed 1Bath | 2BR,1BA | $1.20 |
Rhode Island Chateau Apartments | One Bedroom | 1BR,1BA | $1.28 |
Copper Stone Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.54 |
ReNew PARKone | Aquila | 1BR,1BA | $1.60 |
Avana Minnetonka | A1W | 1BR,1BA | $1.41 |
Cedar Ridge Apartments | One Bedroom Available Now | 1BR,1BA | $1.54 |
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.
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Western Minneapolis-St. Paul. 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 easy access to the parks, luxury housing options, pet-friendly features, family-friendly amenities, proximity to transit, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Shelard Park Apartments
What is a cheap apartment in Shelard Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shelard Park is under $1,265.
What is the price of a cheap apartment in Shelard Park?
The cheapest apartment in Shelard Park is Rhode Island Chateau Apartments which is listed at $1,150, while the average apartment in Shelard Park costs $2,467.
What types of apartments are the cheapest in Shelard Park?
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 12 regular apartments in Shelard Park 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 Shelard Park?
Cheap apartments in Shelard Park have an average cost of $148 which is $2,319 cheaper than the average rent for all rentals in Shelard Park.
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.