
Cheap Homes for Rent in Shakopee, MN from $1,300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Shakopee.


753 3rd Ave E

4175 Quaker Trail NE

9116 Scarlet Globe Dr

13316 Zenith Ln

2158 Charismatic Dr

2158 Charismatic Dr

10929 Quebec Ave S, Unit 10929

11160 Anderson Lakes Pkwy
Shakopee
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!
Shakopee, MN Local Guide

How much does it cost to rent a home in Shakopee?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shakopee 2 Bedroom Homes for Rent | $2,021 | $1,450 | $3,500 |
Shakopee 3 Bedroom Homes for Rent | $2,487 | $1,995 | $3,495 |
Shakopee 4 Bedroom Homes for Rent | $2,997 | $2,200 | $4,995 |
Shakopee 5 Bedroom Homes for Rent | $6,330 | $3,495 | $10,000+ |
Browse Top Homes for Rent in Shakopee
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Shakopee, MN Local Guide
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Cheapest Available Shakopee Apartments for Rent
 The cheapest available apartment rental in Shakopee, MN is a Studio unit found at Huntington Park in the Park Meadows neighborhood priced from $1,085. Town Square Place in the Highland Shores neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Shakopee apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Huntington Park | Willow | Studio,1BA | $1,085 |
Town Square Place | Studio | Studio,1BA | $1,100 |
DECO Apartments | Etta (E1) | Studio,1BA | $1,175 |
Best Value Apartments for Rent in Shakopee, MN
As of March 25, 2025 the best value apartment in the Shakopee area is the $1.22 price per square foot 4045 Willowwood St SE Model at 4045 Willowwood St SE in the in the Downtown Prior Lake neighborhood starting from $2,599. The second greatest value Shakopee apartment is the 2 Bedroom Model at Arlington Ridge Apartments starting at $1,350 with a $1.44 price per square foot in the Scott Far Western Suburbs neighborhood. Here is today’s list of the best values for Shakopee apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
4045 Willowwood St SE | 4045 Willowwood St SE | 4BR,2BA | $1.22 |
Arlington Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.44 |
Arbor Landing Apartments | 2 Bedroom | 2BR,1BA | $1.50 |
Zen Chaska | The Amber | 2BR,1BA | $1.84 |
Arasan | Westport | Studio ,1BA | $1.81 |
Lake Ridge Apartments | 1 Bed | 1 Bath (B2) | 1BR,1BA | $1.91 |
Bristol Village | Ash Lake - 1 Bedroom | 1BR,1BA | $1.69 |
White Pines | A | 1BR,1BA | $1.58 |
Olympic Ridge Apartments | Olympia | 1BR,1BA | $1.95 |
Avana Addison | a2GR-chur | 1BR,1BA | $1.78 |
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Frequently Asked Questions about Shakopee
What type of rentals are currently available in Shakopee?
There are currently 86 Apartments for Rent in Shakopee, MN with pricing that ranges from $946 to $5,901. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shakopee ranging from $1,395 to $12,000.
What is the current price range for Rental Homes in Shakopee?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shakopee ranges from $1,395 to $12,000 with an average monthly rent of $3,046.
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.