Cheap Apartments for Rent in Hennepin County, MN from $400 (1,407 Rentals)

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

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Rose
$725 - $1,695
Plus Fees1 Month Lease Term
Studio to 3 Bedroom Apartments Available Oct 7

Rose

1928 Portland AveMinneapolis, MN 55404
Affordability
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property at 1316 7th St SE

1316 7th St SE

MinneapolisMN55414

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Kings Highway Apartments
Rent Specials
$870 - $1,120
Total Monthly Price

Total Monthly Price

Base Rent
$865 - $1,115
Required Monthly Fees
$5
Total Monthly Price
$870 - $1,120
Studio to 1 Bedroom Apartments Available Now

Kings Highway Apartments

3548 Dupont Ave SMinneapolis, MN 55408
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Cheapest Available Hennepin County Apartments for Rent

 

The cheapest available apartment rental in Hennepin County, MN is a 2 Beds unit found at Yugo Minneapolis Sydney Hall 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 4 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 Minneapolis Sydney Hall2 Bed, 2 Bath DinkyDome Double Renovated2BR,2BA$489
RadiusD64BR,3BA$495
Allianze Sr. Community1X11BR,1BA$500
Paige HallEfficiencyStudio,1BA$551
Shelby CommonsOne Bedroom1BR,1BA$624
Shoreline PlazaStudioStudio,1BA$653
The Quad on DelawareD1R - Renovated 4 Bedroom 4 Bath4BR,4BA$665
214 Oak Grove | Origen Living0BR/1.0BAStudio,1BA$675
Morrison Village ApartmentsStudio/EfficiencyStudio,1BA$690
Brentwood Apartments0BR/1.0BAStudio,1BA$695

Best Value Apartments for Rent in Hennepin County, MN

As of September 21, 2025 the best value apartment in the Hennepin County area is the $0.86 price per square foot 4136 Girard Ave N Model at 4136 Girard Ave N, Unit 4136 in the in the Shingle Creek neighborhood starting from $1,650. The second greatest value Hennepin County apartment is the G2: 3 Bedrooms/3 Bathrooms Model at Factory Lofts starting at $745 with a $0.50 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.
4136 Girard Ave N, Unit 41364136 Girard Ave N3BR,2BA$0.86
Factory LoftsG2: 3 Bedrooms/3 Bathrooms3BR,3BA$0.50
5285 Manchester Dr, Unit 3045285 Manchester Dr2BR,1BA$1.03
Metropolitan Towers1.1+denD1BR,1BA$1.04
Bass Lake Crossing2bed2BR,1BA$1.00
Northstar Dinkytown4br G4BR,2BA$0.64
2300 Nicollet AvenueOne Bedroom1BR,1BA$0.97
Bierman PlaceThe Quad - By-the-bed - Unfurnished4BR,2BA$0.60
2215 W 74th St1 Bed, 1 Bath1BR,1BA$1.05
RadiusB22BR,2BA$0.91

Frequently Asked Questions about Cheap Hennepin County Apartments

What is a cheap apartment in Hennepin County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hennepin County is under $695.

What is the price of a cheap apartment in Hennepin County?

The cheapest apartment in Hennepin County is Allianze Sr. Community which is listed at $500, while the average apartment in Hennepin County costs $3,495.

What types of apartments are the cheapest in Hennepin County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 716 regular apartments in Hennepin County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Hennepin County?

Cheap apartments in Hennepin County have an average cost of $405 which is $3,090 cheaper than the average rent for all rentals in Hennepin County.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.