Apartments for Rent in Shakopee, MN

Prices and availability in Shakopee, MN were last updated on 12 Nov 2026.

The best apartments in Shakopee, MN are: Shakopee Flats, Elwood Apartment Homes, The Sixton, The DECO and Arasan.

The average rent in Shakopee, MN is $1,680.

The price range for a studio apartment in Shakopee, MN is between $1,220 and $2,485.

The price range for a 1-bedroom apartment in Shakopee, MN is between $1,125 and $2,440.

The price range for a 2-bedroom apartment in Shakopee, MN is between $1,355 and $3,375.

The price range for a 3-bedroom apartment in Shakopee, MN is between $1,125 and $3,355.

In Shakopee, 25% of the residents are renting compared to 75% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 36% of Shakopee's rentals, 45% are small-scale complexes with under 50 units, and 19% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Shakopee are about 17 years old, on average. Of these, 72% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 95% of the rental communities here are low-rise, garden-style communities, 10% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Shakopee come in a range of sizes and floorplans. Studio apartments represent 5% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 43% of the total apartments in the city, while 2-bedroom floorplans represent around 43% of all rentals in Shakopee. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.