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$500 - $1,000
Plus Fees
1 Bedroom Apartments Available NowAllianze Sr. Community
7013 Grimes Ave NMinneapolis, MN 55429
Cheap 1 Bedroom Apartments for Rent in Minneapolis, MN from $500 (1,217 Rentals)
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$691 - $1,436
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityPeregrine
2035 W River RdMinneapolis, MN 55411
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$750 - $1,100
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowPleasant View
2216 Pleasant Ave SMinneapolis, MN 55404
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Rent Specials
$765 - $922
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$765 - $905
Required Monthly Fees
$17
Total Monthly Price
$782 - $922
Haverhill Apartments
32-34 Spruce PlMinneapolis, MN 55403
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$778 - $1,005
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowStradford Flats
16 E 15th StMinneapolis, MN 55403
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$792 - $1,325
Plus Fees
1 Bedroom Apartments Available NowShoreline Plaza
15 E Grant StMinneapolis, MN 55403
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$795 - $1,575
Plus Fees
1 Bedroom Apartments Available NowStevens Community Apartments
128 E 18th StMinneapolis, MN 55403
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$795 - $812
Total Monthly Price
1 Bedroom Apartments Available Nov 21Total Monthly Price
Base Rent
$685 - $795
Required Monthly Fees
$17
Total Monthly Price
$702 - $812
Brentwood Apartments
117-127 W Grant StMinneapolis, MN 55403
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Rent Specials
$825 - $975
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowOak Grove Apartment Hotel
230 Oak Grove StMinneapolis, MN 55403
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$825 - $925
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowCopenhagen Enterprises
26 Oak Grove StMinneapolis, MN 55403
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.
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$850
Plus Fees
1 Bedroom Apartments Available Now225/227/233 Oak Grove St – Oak Grove Downtown
233 Oak Grove StMinneapolis, MN 55403
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$875 - $1,130
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityKnox and Lagoon Apartments
2901 Knox Ave SMinneapolis, MN 55408
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$875 - $925
Plus Fees
1 Bedroom Apartments Available NowBossen Park Apartments
5717 31st Ave SMinneapolis, MN 55417
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$885
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityThe Remington Campus Apartments
708 5th St SEMinneapolis, MN 55414
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$895 - $1,250
Plus Fees
1 Bedroom Apartments Available NowGrove 94
215 Oak Grove StMinneapolis, MN 55403
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$895 - $962
Total Monthly Price
1 Bedroom Apartments Available Dec 1Total Monthly Price
Base Rent
$745 - $945
Required Monthly Fees
$17
Total Monthly Price
$762 - $962
2417 Garfield Ave Apartments | Origen Living
2417 Garfield AveMinneapolis, MN 55405
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$895
Plus Fees
1 Bedroom Apartments Available Dec 151101 University Ave SE
1101 University Ave SEMinneapolis, MN 55414
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$900 - $1,100
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now912 22nd Ave
912 22nd Ave SMinneapolis, MN 55404
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$900
Plus Fees
1 Bedroom Apartments Available Nov 21Loring Park Flats
330 Oak Grove StMinneapolis, MN 55403
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$900
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Jan 1, 20262545 Garfield
2545 Garfield AveMinneapolis, MN 55405
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.
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Rent Specials
$900 - $975
Plus Fees
1 Bedroom Apartments Available NowSpruce Place Apartments
1365 Spruce PlMinneapolis, MN 55403
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$917
Total Monthly Price
1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$900
Required Monthly Fees
$17
Total Monthly Price
$917
2400 Harriet Ave Apartments | Origen Living
2400 Harriet Ave SMinneapolis, MN 55405
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Rent Specials
$918 - $1,090
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowAutumn Ridge Apartments
8500-8516 63rd Ave NMinneapolis, MN 55428
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$925 - $1,095
Plus Fees
1 Bedroom Apartments Available Now2536 Lyndale Ave S
2536 Lyndale Ave SMinneapolis, MN 55405
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$925 - $1,040
Plus Fees1 Month Lease Term
1 Bedroom Apartments Available NowBest Apartments
2006-2008 Park AveMinneapolis, MN 55404
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$925
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For Availability3816 Nicollet Apartments
3816 Nicollet AveMinneapolis, MN 55409
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$925 - $1,050
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now2222 Nicollet Avenue
2222 Nicollet AveMinneapolis, MN 55404
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$925
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For Availability3500 Dupont Apartments
3500 Dupont Ave SMinneapolis, MN 55408
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$925 - $940
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Jan 1, 2026Total Monthly Price
Base Rent
$925
Required Monthly Fees
$15
Total Monthly Price
$940
Yale Place
48 27th Ave SEMinneapolis, MN 55414
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
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$925
Total Monthly Price1 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$925
Total Monthly Price
$925
2708 Penn Ave N, Unit 2
2708 Penn Ave NMinneapolis, MN 55411
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$935
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Dec 15Park Plaza
1315 Olson Memorial HwyMinneapolis, MN 55405
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$940 - $1,050
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilitySt. Anthony Village
320 7th St SEMinneapolis, MN 55414
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$945 - $1,126
Total Monthly Price
1 Bedroom Apartments Available Feb 6, 2026Total Monthly Price
Base Rent
$945 - $1,115
Required Monthly Fees
$11
Total Monthly Price
$956 - $1,126
Fremont Apartments | 3300
3300 Fremont Ave SMinneapolis, MN 55408
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Rent Specials
$945 - $1,050
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowBridgewater Crossings
2101-2020 21st Ave SMinneapolis, MN 55404
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$949
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now2731 Pillsbury
2731 Pillsbury AveMinneapolis, MN 55408
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$949 - $1,199
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowSela Campus University Apartments
701 University Ave SEMinneapolis, MN 55414
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$949 - $1,029
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowColfax Villas I
3611 Colfax Ave SMinneapolis, MN 55409
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$949 - $999
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Nov 24Total Monthly Price
Base Rent
$949
Required Monthly Fees
$50
Total Monthly Price
$999
Aster Apartments in Near North Minneapolis
1800 Fremont Ave NMinneapolis, MN 55411
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$950 - $975
Plus Fees
1 Bedroom Apartments Available Now1910 1st Ave S
1910 1st Ave SMinneapolis, MN 55403
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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$950 - $1,000
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThree-Thirty-Three Oak Grove
333 Oak Grove StMinneapolis, MN 55403
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$950
Plus Fees
1 Bedroom Apartments Contact Us For Availability2205 Bryant Ave: The Lowry Hill Nook
2205 Bryant Ave SMinneapolis, MN 55405
130 W 28th St
MinneapolisMN55408
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$960 - $1,225
Plus Fees11 Month Lease Term
1 Bedroom Apartments Available NowStadium Village Apartments
1015 Essex St SEMinneapolis, MN 55414
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Rent Specials
$975
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowLoring Manor Apartments
1512-1518 Spruce PlMinneapolis, MN 55403
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$975 - $1,025
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowUptown Plaza
2300 Pleasant AveMinneapolis, MN 55404
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$975 - $1,025
Plus Fees
1 Bedroom Apartments Available Now2310 Harriet Ave S
2310-2312 Harriet AveMinneapolis, MN 55405
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$975 - $1,200
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now3129 Aldrich
3129 Aldrich Ave SMinneapolis, MN 55408
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Rent Specials
$979 - $1,029
Total Monthly Price
1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$965 - $1,015
Required Monthly Fees
$14
Total Monthly Price
$979 - $1,029
Girard Apartments
3253 Girard Ave SMinneapolis, MN 55408
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$985 - $1,010
Plus Fees
1 Bedroom Apartments Available Now2001 Bryant Ave S
2001 Bryant Ave SMinneapolis, MN 55405
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.
Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent an apartment in Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,285 | $640 | $4,535 |
| Minneapolis 1 Bedroom Apartments | $1,545 | $500 | $5,800 |
| Minneapolis 2 Bedroom Apartments | $2,171 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,348 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $1,916 | $519 | $5,341 |
| Minneapolis 5 Bedroom Apartments | $3,482 | $2,200 | $4,050 |
| Minneapolis 6 Bedroom Apartments | $3,723 | $850 | $4,795 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Read Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleQuick 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.
Pet Friendly LifestyleMinneapolis, MN
Ranked #1
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Minneapolis, MN Rentals by Map
See the most popular apartments and homes in Minneapolis, MN
Getting Around Minneapolis, MN
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
83 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
52 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Minneapolis, MN Area Reviews
Do you know the Minneapolis area?
Let everyone know!
Write a Review
Stephanie • 4+ years in Minneapolis
February 25, 2025A dream city for outdoorsy types who crave an urban experience...there's nothing like a day at the lakes or hitting up the Grand Rounds. Add amazing theater (like the Guthre) and restaurants and you have the perfect urban (but not too urban) lifestyle. The cost of living is going up but still pretty reasonable compared to most cities of a similar size and with similar cultural opportunities.
Frequently Asked Questions about Cheap Minneapolis Apartments
What is a cheap apartment in Minneapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Minneapolis is under $699.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is Allianze Sr. Community which is listed at $500, while the average apartment in Minneapolis costs $2,631.
What types of apartments are the cheapest in Minneapolis?
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 14,394 regular apartments in Minneapolis 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 Minneapolis?
Cheap apartments in Minneapolis have an average cost of $428 which is $2,203 cheaper than the average rent for all rentals in Minneapolis.
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.
A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.