Cheap Apartments for Rent in Hennepin County, MN from $400 (1,408 Rentals)

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Search the lowest-cost Apartments available for rent right now in Hennepin County.

property at 1316 7th St SE

$650 - $725

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

12 Bedroom Rentals

Available Now

1316 7th St SE

MinneapolisMN55414
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Rose
$725 - $1,695
Plus Fees1 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Rose

1928 Portland AveMinneapolis, MN 55404
Student Housing
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  • Customer Reviewed
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Brentwood Apartments
$742 - $752
Total Monthly Price

Total Monthly Price

Base Rent
$725 - $735
Required Monthly Fees
$17
Total Monthly Price
$742 - $752
Studio Apartments Available May 20

Brentwood Apartments

117-127 W Grant StMinneapolis, MN 55403
Affordability
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  • Low Income
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Remington Apartments
Rent Specials
$745 - $1,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$745 - $1,300
Total Monthly Price
$745 - $1,300
Studio to 2 Bedroom Apartments Available Now

Remington Apartments

708 5th St SEMinneapolis, MN 55414
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Haverhill Apartments
Rent Specials
$767 - $1,062
Total Monthly Price

Total Monthly Price

Base Rent
$750 - $1,045
Required Monthly Fees
$17
Total Monthly Price
$767 - $1,062
Studio to 2 Bedroom Apartments Available Now

Haverhill Apartments

32-34 Spruce PlMinneapolis, MN 55403
Transit Friendly
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  • Low Income
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Oaks Pentagon Village
$783 - $2,552
Total Monthly Price

Total Monthly Price

Base Rent
$777 - $2,546
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jul 1

Oaks Pentagon Village

4911 W 77th StEdina, MN 55435
Corporate Housing
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  • 3D Tour

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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22 on the River
Rent Specials
$850 - $2,594
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850 - $2,594
Total Monthly Price
$850 - $2,594
Studio to 2 Bedroom Apartments Available Now

22 on the River

22 27th Ave SEMinneapolis, MN 55414
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Richlyn
Rent Specials
$869 - $1,088
Total Monthly Price

Total Monthly Price

Base Rent
$799 - $1,018
Required Monthly Fees
$70
Total Monthly Price
$869 - $1,088
Studio Apartments Available Now

Richlyn

6345 Lyndale Ave SRichfield, MN 55423
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Bryant Manor
Rent Specials
$894 - $1,464
Total Monthly Price

Total Monthly Price

Base Rent
$882 - $1,452
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Bryant Manor

3532 Bryant Ave SMinneapolis, MN 55408
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Showing Results 1-50, Page 1 of 29

Cheapest Available Hennepin County Apartments for Rent

 

The cheapest available apartment rental in Hennepin County, MN is a 2 Beds unit found at Yugo The Sydney at Dinkytown in the University Of Minnesota neighborhood priced from $489. Radius in the University Of Minnesota neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $495. Here is today’s list of the most affordable Hennepin County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Yugo The Sydney at Dinkytown2 Bed, 2 Bath DinkyDome Double Renovated2BR,2BA$489
RadiusC53BR,2BA$495
Allianze Sr. Community1 Bedroom 1 Bath1BR,1BA$500
Paige HallEfficiencyStudio,1BA$551
Shelby CommonsOne Bedroom1BR,1BA$624
Shoreline PlazaStudioStudio,1BA$653
St. Anne's Senior HousingStudioStudio,1BA$655
Holmes Park Village2 Bedroom2BR,1BA$723
Remington ApartmentsStudio September Move InStudio,1BA$745
Bridgewater CrossingsBWC -2111 Small StudioStudio,1BA$750

Best Value Apartments for Rent in Hennepin County, MN

As of April 17, 2026 the best value apartment in the Hennepin County area is the $0.52 price per square foot G2: 3 Bedrooms/3 Bathrooms Model at Factory Lofts in the in the University Of Minnesota neighborhood starting from $776. The second greatest value Hennepin County apartment is the 3X35A Model at The Marshall starting at $909 with a $0.70 price per square foot in the University Of Minnesota neighborhood. Here is today’s list of the best values for Hennepin County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Factory LoftsG2: 3 Bedrooms/3 Bathrooms3BR,3BA$0.52
The Marshall3X35A3BR,3.5BA$0.70
3500 Minnehaha Ave, Unit 13500 Minnehaha Ave3BR,1BA$1.14
Pheasant Park Apartments1 Bedroom1BR,1BA$1.05
RadiusC33BR,2BA$0.82
The Arrow Apartments3.3S3BR,3BA$0.82
Yugo The Sydney at Dinkytown2 Bed, 2 Bath DinkyDome Double2BR,2BA$0.46
Bierman PlaceThe Quad - By-the-bed4BR,2BA$0.53
Three-Thirty-Three Oak Grove1 bed 1 Bath1BR,1BA$1.09
814-8TH1BR/1.0BA1BR,1BA$1.03

Frequently Asked Questions about Cheap Hennepin County Apartments

What is the Cheapest Studio apartment in Hennepin County?

Currently the most affordable Cheap Studio Apartment in Hennepin County is at Paige Hall listed at $551.

How much is rent for a Cheap One Bedroom Hennepin County Apartment?

The lowest price for a Cheap One Bedroom Hennepin County Apartment is $500 at Allianze Sr. Community.

What is the lowest price for a Cheap Two Bedroom Hennepin County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hennepin County is starting from $489 at Yugo The Sydney at Dinkytown.

What is the most affordable Hennepin County Three Bedroom Apartment?

The best deal on a cheap Hennepin County Three Bedroom Apartment rental is at Radius and starts from $495.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.