Apartments for Rent in Shakopee, MN

Prices and availability in Shakopee, MN were last updated on 23 Oct 2026.

The best apartments in Shakopee, MN are: Shakopee Flats, The Sixton, Elwood Apartment Homes, 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 $1,253 and $2,822.

The price range for a 1-bedroom apartment in Shakopee, MN is between $776 and $2,440.

The price range for a 2-bedroom apartment in Shakopee, MN is between $776 and $3,533.

The price range for a 3-bedroom apartment in Shakopee, MN is between $776 and $3,344.

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 average age of rental buildings in Shakopee is 17 years old, with 72% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 95% are garden-style apartment communities, 10% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Shakopee are around 5% of rentals, while 1-bedroom floor plans represent 43% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 43% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.