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Property Logo at Preserve at Shady Oak Apartments, Minnetonka
Property Logo at Preserve at Shady Oak Apartments, Minnetonka

Affordable 1, 2 & 3 Bedroom Apartments in Minnetonka

Phone Number +1 833-589-1333

Finding your perfect floor plan has never been easier!

a family sitting on a couch in a living room looking at a tablet at Preserve at Shady Oak Apartments, Minnesota

Preserve at Shady Oak participates in an affordable housing program. Household income & student status limitations apply. The household income is based on GROSS annual income (before any deductions) earned from all sources including;

  • Wages; Social Security Payments; Public Assistance
  • Pensions; Annuities; Interest Income
  • Dividends; Stocks; Bonds
  • Insurance Settlements
  • Recurring Gifts from Family/Friends
  • Lottery Winnings; etc.

The property has a minimum household income requirement of 2.5 times the monthly rent amount to qualify. Third party verification will be required of all income and copies of tax returns and pay stubs may be required. We accept housing vouchers from all local housing authorities. 

Total household income must be below the maximum incomes based on your household size. If you're close to these limits, please call to verify:

1 Bedroom

Occupants

1 Occupant

2 Occupants

3 Occupants

4 Occupants

5 Occupants

6 Occupants

Min. Income

$42,750

$42,750

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Max. Income

$55,260

$63,120

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2 Bedroom

Occupants

1 Occupant

2 Occupants

3 Occupants

4 Occupants

5 Occupants

6 Occupants

Min. Income

$51,300

$51,300

$51,300

$51,300

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---

Max. Income

$55,260

$63,120

$71,040

$78,900

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3 Bedroom

Occupants

1 Occupant

2 Occupants

3 Occupants

4 Occupants

5 Occupants

6 Occupants

Min. Income

---

$59,340

$59,340

$59,340

$59,340

$59,340

Max. Income

$55,260

$63,120

$71,040

$78,900

$85,260

$91,560

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Lease Cost Calculator. This Calculator is designed to help estimate the Move-In Cost (including General and Special Fees) and the Monthly Cost going forward of a lease. Please remember that the Move-In Cost and Monthly Cost will vary depending on the qualifications of the applicant, the price and amenities of the unit being rented, and the cost of any Special Fees that may apply to a specific unit. Additionally, the rent and the Standard and Special Fees and Fee ranges are accurate as currently displayed but may increase or decrease until a lease is signed.
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Welcome To Our Income-Restricted Apartments in Minnetonka

Discover affordable living with a twist – Preserve at Shady Oak blends stylish apartment homes with several community leisure options at a fraction of the cost. Our income-restricted apartments for rent in Minnetonka, MN are pet-friendly, so bring your four-legged friend along too!

When selecting your floor plan, finding your match has never been easier. Our floor plans start at 663 square feet and go all the way up to 1,320 square feet, offering plenty of space for various household sizes. Whether you opt for a 1, 2 or 3 bedroom apartment home, rest assured that you’ll enjoy modern living areas, as well as the convenience of a full-size washer & dryer in every home, granite countertops and a private patio or balcony space. Plus, all residents have access to our fitness center, indoor & outdoor playgrounds and community room.

When you need to venture outside our community, our apartments near downtown Minneapolis put you right in the center of it all. Quality entertainment and shopping destinations are easily accessible by car or public transportation, with Ridgedale Shopping Center, AMC Eden Prairie Mall and General Store of Minnetonka just a few minutes away. Not to mention, you can enjoy a picture-perfect setting or get some fresh air at Lone Lake Community Park and Preserve!

Our Opus Park apartments have something exciting for you at every turn. Contact us today to learn more about Preserve at Shady Oak!

Rent rates are subject to change yearly based upon HUD's adjustment of the income limits for the specified area. If the area's average median income increases, rent rates will increase as well.To maintain the integrity of the community; credit, rental & public record background checks are conducted on all applicants. Pricing and availability are subject to change | Sq. ft. listed is an approximate value for each unit.