
Cheap Homes for Rent in Hennepin County, MN from $400 (67 Rentals)
Search the lowest-cost Homes available for rent right now in Hennepin County.


1090 16th Ave SE

3311 N Thomas Ave

1121 7th St SE

2643 N Lyndale Ave

2216 Pleasant Ave, Unit 212, Unit 212

16275 Chankahda Trl

5700 N Colfax Ave

5700 N Colfax Ave

5700 N Colfax Ave
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.

3455 Chicago Ave, Unit 2

1975 Central Ave, Unit 7

2216 Pleasant Ave, Unit 207, Unit 207

9901 Elliot Ave S

1820 1st Ave S

8813 18th Ave S, Unit 1

1321 Division St

3308 Girard Ave S, Unit 101

4371 Wilshire Blvd, Unit 4371 Wilshire Blvd B308 Mound MN, Unit 4371 Wilshire Blvd B308 Mound MN

2017 Commerce Blvd, Unit #202
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

1100 69th Ave N, Unit 204

1100 69th Ave N, Unit 101

709 11th Ave S, Unit 6, Unit 6

10896 Territorial Trl

810 9th Ave S

515 5th St SE

2718 Grand Ave S

2747 DuPont Ave S, Unit 201, Unit 201

1006 Westbrooke Way

2930 Blaisdell Ave, Unit 214, Unit 214
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.

677 Lowry Ave NE

7254 72nd Ln N

3606 N Bryant Ave, Unit 2

431 S 7th St, Unit Apt 2610

1709 N 26th Ave

930 Westbrooke Way, Unit 930-1, Unit 930-1

2700 Rosalyn Ct

8813 18th Ave S, Unit 3

2006 N Penn Ave

7336 72nd Ln N
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.

347 24th Ave NE

2720 Rosalyn Ct, Unit 303, Unit 303

7330 York Ave S, Unit Apt 101

4001-4003 N Bryant Ave

1023 Smetana Rd

926 Westbrooke Way

7617 69th Ave N

806 Old Settlers Trail

1908 NE Jackson St

1434 W 32nd St
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.
Hennepin County, MN Local Guide

How much does it cost to rent a home in Hennepin County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hennepin County 2 Bedroom Homes for Rent | $2,050 | $1,250 | $6,495 |
| Hennepin County 3 Bedroom Homes for Rent | $2,651 | $1,500 | $10,000+ |
| Hennepin County 4 Bedroom Homes for Rent | $3,442 | $750 | $10,000+ |
| Hennepin County 5 Bedroom Homes for Rent | $4,273 | $2,300 | $10,000+ |
| Hennepin County 6 Bedroom Homes for Rent | $4,767 | $600 | $10,000+ |
| Hennepin County 7 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Homes for Rent in Hennepin County
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Cheapest Available Hennepin County Apartments for Rent
 The cheapest available apartment rental in Hennepin County, MN is a 3 Beds unit found at Radius in the University Of Minnesota neighborhood priced from $495. Allianze Sr. Community in the Twin Lakes neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Hennepin County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Radius | C5 | 3BR,2BA | $495 |
| Allianze Sr. Community | 1 Bedroom 1 Bath | 1BR,1BA | $500 |
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| St. Anne's Senior Housing | Studio | Studio,1BA | $655 |
| Bierman Place | The Park - By-the-bed | 2BR,1BA | $695 |
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| Remington Apartments | Studio September Move In | Studio,1BA | $745 |
| Lilium Apartments and Centennial Place | 900 Centennial Place Studio | Studio,1BA | $750 |
| Brentwood Apartments | 0BR/1.0BA | Studio,1BA | $752 |
| 214 Oak Grove | Origen Living | 0BR/1.0BA | Studio,1BA | $772 |
Best Value Apartments for Rent in Hennepin County, MN
As of May 21, 2026 the best value apartment in the Hennepin County area is the $1.00 price per square foot 1814 13th Ave S Model at 1814 13th Ave S in the in the Greater Central neighborhood starting from $2,000. The second greatest value Hennepin County apartment is the G2: 3 Bedrooms/3 Bathrooms Model at Factory Lofts starting at $776 with a $0.52 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1814 13th Ave S | 1814 13th Ave S | 3BR,1BA | $1.00 |
| Factory Lofts | G2: 3 Bedrooms/3 Bathrooms | 3BR,3BA | $0.52 |
| The Marshall | 3X35A | 3BR,3.5BA | $0.70 |
| University Village | Large 2B2B - Private | 2BR,2BA | $0.88 |
| The Bridges Dinkytown | B11 | 2BR,2BA | $0.96 |
| Yugo The Sydney at Dinkytown | 2 Bed, 2 Bath DinkyDome Double | 2BR,2BA | $0.46 |
| 801 4th St SE, Unit Limelight | 801 4th St SE | 1BR,1BA | $0.98 |
| Radius | C2 | 3BR,2BA | $0.78 |
| Yugo Minneapolis 412 Lofts | 2 Bed, 2 Bath Classic | 2BR,2BA | $1.04 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $1.03 |
Frequently Asked Questions about Hennepin County
What type of rentals are currently available in Hennepin County?
There are currently 4315 Apartments for Rent in Hennepin County, MN with pricing that ranges from $469 to $17,690. There are also 535 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hennepin County ranging from $400 to $18,000.
What is the current price range for Rental Homes in Hennepin County?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hennepin County ranges from $400 to $18,000 with an average monthly rent of $3,228.
How much are larger Three and Four Bedroom Rentals in Hennepin County?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hennepin County range from $739 to $14,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $10,500. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $649.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
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.