
Cheap Homes for Rent in Valley Place Neighborhood of Minneapolis, MN from $1,300 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Valley Place area of Minneapolis.


3747 Major Ave N
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.

2700 Rosalyn Ct

2720 Rosalyn Ct
Valley Place - 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!
Valley Place, Minneapolis, MN Local Guide

How much does it cost to rent a home in Valley Place?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Valley Place 2 Bedroom Homes for Rent | $1,717 | $1,389 | $2,350 |
Valley Place 3 Bedroom Homes for Rent | $2,498 | $2,099 | $3,295 |
Valley Place 4 Bedroom Homes for Rent | $2,526 | $2,395 | $2,699 |
Valley Place 5 Bedroom Homes for Rent | $2,310 | $2,310 | $2,310 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Valley Place Neighborhood of Minneapolis, MN.
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Valley Place, Minneapolis, MN Local Guide
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Best Value Apartments for Rent in Valley Place, MN
As of April 24, 2025 the best value apartment in the Valley Place area is the $1.43 price per square foot Edgewater Model at Robin Court in the in the Shingle Creek neighborhood starting from $1,360. The second greatest value Valley Place apartment is the 1BD Model at Four Seasons Villa starting at $1,230 with a $1.37 price per square foot in the Hidden Creek Estates neighborhood. Here is today’s list of the best values for Valley Place apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Robin Court | Edgewater | 2BR,1.5BA | $1.43 |
Four Seasons Villa | 1BD | 1BR,1BA | $1.37 |
Kings Manor | 1bed | 1BR,1BA | $1.31 |
Northumberland Apartments | One Bedroom | 1BR,1BA | $1.44 |
Cabana Apartments | 1 Bedroom | 1BR,1BA | $1.23 |
At The Lake | 1 Bedroom | 1BR,1BA | $1.52 |
Robinwood Apartments | 1-BR | 1BR,1BA | $1.49 |
The Point Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.53 |
Point 47 Apartments | 1 Bedroom (554/559) | 1BR,1BA | $1.60 |
Point 47 Apartments (3501) | 1 Bedroom 1 Bath | 1BR,1BA | $1.60 |
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.
Frequently Asked Questions about Valley Place
What type of rentals are currently available in Valley Place?
There are currently 138 Apartments for Rent in Valley Place, MN with pricing that ranges from $950 to $4,185. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Valley Place ranging from $1,389 to $3,295.
What is the current price range for Rental Homes in Valley Place?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Valley Place ranges from $1,389 to $3,295 with an average monthly rent of $2,262.
How much are larger Three and Four Bedroom Rentals in Valley Place?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Valley Place range from $1,600 to $3,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,099 to $3,295. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $2,095.
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.

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.

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.