Cheap Homes for Rent in Minneapolis, KS from $500 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in Minneapolis.

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
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Minneapolis, KS Local Guide

Cheapest Available Minneapolis Apartments for Rent and Nearby

 

The cheapest available apartment rental in Minneapolis, KS is a 1 Bed unit found at Park Place Apartments priced from $645. Hickory Hills Residences has the second lowest priced unit, which is a 2 Beds apartment currently listed from $698. Here is today’s list of the most affordable Minneapolis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park Place ApartmentsClassic 1 Bathroom1BR,1BA$645
Hickory Hills Residences2 Bedroom, 2 Bath Apartment2BR,2BA$698
The Bluffs (KS)StudioStudio,1BA$750
Geary Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$805
Plaza West ApartmentsTwo Bedroom2BR,1BA$820

Best Value Apartments for Rent in Minneapolis, KS and Nearby

As of June 04, 2025 the best value apartment in the Minneapolis area is the $1.04 price per square foot Forest Creek Model at Forrest Creek Townhomes in the in the Aggieville neighborhood starting from $1,449. The second greatest value Minneapolis apartment is the 2 Beds, 2 baths Model at Stone Pointe Apartments starting at $1,295 with a $0.96 price per square foot . Here is today’s list of the best values for Minneapolis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Forrest Creek TownhomesForest Creek3BR,2BA$1.04
Stone Pointe Apartments2 Beds, 2 baths2BR,2BA$0.96
Eagle LandingThree Bedroom3BR,1.5BA$0.84
Highland RidgeC - 3 Bedrm, 2 Bathrm3BR,2BA$1.03
Coronado Park & Heights3 Bedroom3BR,2BA$0.80
Hickory Hills Residences3 Bedroom, 2 Bath Apartment3BR,2BA$0.76
Hunters Ridge2 Bed 2 Bath Plan 42BR,2BA$0.90
Quinton Point ApartmentsTwo Bedroom2BR,2BA$0.86
Geary Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.84
Plaza West ApartmentsTwo Bedroom2BR,1BA$0.86

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Minneapolis

What type of rentals are currently available in Minneapolis?

There are currently 35 Apartments for Rent in Minneapolis, KS with pricing that ranges from $625 to $5,000. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minneapolis ranging from $500 to $2,600.

What is the current price range for Rental Homes in Minneapolis?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Minneapolis ranges from $500 to $2,600 with an average monthly rent of $1,210.

How much are larger Three and Four Bedroom Rentals in Minneapolis?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Minneapolis range from $803 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $905 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,275 and Four Bedroom Apartments start at $1,125.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.