5

Studio Apartments for Rent in Hopkins, MN

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  • /22

    Starting at $1,616

    Total Monthly Price

    • Studio - 3 Beds

    10702 Red Circle Dr, Hopkins, MN 55343

    Bellamy Minnetonka invites you to a community that delivers all the perks of modern living, with access to the upscale amenities you want, the premium features you’ll love, and a location close to everything you need.

    Bellamy Minnetonka

    (612) 441-5411

    10702 Red Circle Dr, Hopkins, MN 55343
  • /168

    Starting at $1,448

    Total Monthly Price

    • Studio - 3 Beds

    8594 Excelsior Blvd, Hopkins, MN 55343

    Experience the ultimate blend of comfort, sophistication, and balanced living at The Hallon. Our studio, one-, two-, and three-bedroom luxury apartments in Hopkins, MN offer impeccable style and harmonious living. Embracing the vibrant culture of our local area, our meticulously-designed community honors the rich heritage of Hopkins. We celebrate the timeless traditions and unique local flavor of

    The Hallon

    (612) 260-4446

    8594 Excelsior Blvd, Hopkins, MN 55343
  • /57

    Starting at $1,450 Plus Fees

    • Studio - 2 Beds

    1118 Mainstreet, Hopkins, MN 55343

    Ovation brings together thoughtful amenities and pet-friendly apartment homes in the heart of vibrant downtown Hopkins. From sipping complimentary coffee to striking a downward dog pose in the yoga studio, Ovation is where convenience meets style.Unit features: 9-foot ceilings, walk-in closets, in-home washer & dryer, upgraded painted cabinetry, tile backsplash, kitchen island, central

    Ovation

    (952) 960-5677

    1118 Mainstreet, Hopkins, MN 55343
  • /8

    Starting at $1,300

    Total Monthly Price

    • Studio

    517 Mainstreet, Hopkins, MN 55343

    ATTENTION FUTURE RESIDENTS! 5th On Main Furnished Studios with all utilities included, FREE fiber optic high-speed internet, and FREE commercial front-loading laundry machines.You pay nothing extra!!Short- and long-term, flexible leasing options are available. We are located on the East end of beautiful downtown Hopkins, within walking distance of popular local shops

    5th On Main

    (763) 363-6989

    517 Mainstreet, Hopkins, MN 55343
  • /31

    Starting at $1,295 Plus Fees

    • Studio - 2 Beds

    10641 Greenbrier Rd, Minnetonka, MN 55305

    Nestled along the shores of Minnehaha Creek, a gracious lifestyle awaits you at Brier Creek Apartments. Brier Creek is conveniently located in Minnetonka, within walking distance to Cedar Hills Shopping Center and bus transportation. Shopping at Ridgedale is approximately one mile away. Brier Creek is minutes to downtown Minneapolis and close to many offices, businesses, recreational facilities

    Brier Creek Apartments

    (763) 363-7532

    10641 Greenbrier Rd, Minnetonka, MN 55305

Why Live in Hopkins

Hopkins, MN, a small city in Hennepin County, is located 11 miles from downtown Minneapolis. Originally a farming community, Hopkins was once known as the Raspberry Capital of the World. Today, it spans 4 square miles and has a population of fewer than 20,000, offering a small-town feel with a bustling downtown area. Housing options range from midcentury split-levels and ranch-style homes in neighborhoods like Hobby Acres to brick condo buildings in Nine Mile Cove and mixed-use condos on Mainstreet. Major employers include Cargill and Supervalu, providing significant job opportunities. Hopkins hosts the annual Raspberry Festival, a five-day event featuring live music, sporting events, a craft fair, and fireworks. Parks such as Central Park, Burnes Park, and Hilltop Park offer various recreational activities, including ice skating, golfing, and splash pads. The private Oak Ridge Country Club and public Meadowbrook Golf Course are popular among golfers. Mainstreet is lined with local cafes, breweries, shops, and restaurants with al fresco dining options. Hopkins is well-connected via U.S. 169 and State Highway 7, with Metro Transit bus stops and future light rail stops on the METRO Green Line Extension. The Minneapolis-St. Paul International Airport is 15 miles away, and Methodist Hospital is 3 miles away. Hopkins Public Schools are highly rated, serving most students in the area.

Frequently Asked Questions

How much does it cost to rent a home in Hopkins, MN?
The median rent for a home in Hopkins, MN is $1,325 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Hopkins, MN?
To comfortably afford the median rent in Hopkins, MN, a household needs to earn roughly $53,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,325 per month in Hopkins, MN, renters typically need to show $3,975 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Hopkins, MN?
In Hopkins, MN, the price-to-rent ratio is 25.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Hopkins, MN are best for renting a home?
The best neighborhood for renting in Hopkins, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Triangle, Wolfe Park, Cedar-Isles-Dean and Lowry Hill East, each with its own character and price range.

Rental Home Trends in Hopkins, MN

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,325
Median Single Family Home Rent
$2,373
Median Townhouse Rent
$2,000
Median Condo Rent
$1,333
How to Rent a Home