Cheap 2 Bedroom Apartments for Rent in the Oak Terrace Neighborhood of Minnetonka, MN from $1,275 (21 Rentals)

Town Terrace Apartments

Chanhassen Village

Putnam Properties in Hopkins

Shadow Green Apartments

Sterling Ponds Apartments

Eden Glen

Edenvale
Oak Terrace, Minnetonka, MN Local Guide

How much does it cost to rent an apartment in Oak Terrace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oak Terrace Studio Apartments | $1,418 | $900 | $1,877 |
Oak Terrace 1 Bedroom Apartments | $1,762 | $988 | $3,082 |
Oak Terrace 2 Bedroom Apartments | $2,241 | $1,275 | $5,861 |
Oak Terrace 3 Bedroom Apartments | $2,690 | $1,698 | $4,370 |
Oak Terrace 4 Bedroom Apartments | $2,963 | $2,695 | $3,499 |
Explore Minnetonka
Oak Terrace, Minnetonka, MN Local Guide
- Nearby Minnetonka neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Cheap Oak Terrace Apartments
What is a cheap apartment in Oak Terrace?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oak Terrace is under $1,275.
What is the price of a cheap apartment in Oak Terrace?
The cheapest apartment in Oak Terrace is Trailside Apartments which is listed at $1,200, while the average apartment in Oak Terrace costs $2,695.
What types of apartments are the cheapest in Oak Terrace?
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 17 regular apartments in Oak Terrace 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 Oak Terrace?
Cheap apartments in Oak Terrace have an average cost of $265 which is $2,430 cheaper than the average rent for all rentals in Oak Terrace.
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.

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.

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.