
Cheap 1 Bedroom Apartments for Rent in Minneapolis, MN from $500 (1,212 Rentals)


Peregrine

2104-2106 E 58th St

214 Oak Grove | Origen Living

Pleasant View

Haverhill Apartments

Shoreline Plaza

Stevens Community Apartments

Brentwood Apartments
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.

Copenhagen Enterprises

Stradford Flats

Knox and Lagoon Apartments

2400 Harriet Ave Apartments | Origen Living

Oak Grove Apartment Hotel

The Park Apartments

The Remington Campus Apartments
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.

Grove 94

Loring Grove Apartments

Bossen Park Apartments

225/227/233 Oak Grove St – Oak Grove Downtown

1818 La Salle Ave

1601 Portland Ave

912 22nd Ave

Loring Manor Apartments

The Buckingham / The Commodore / The Parkway Apartments

2205 Bryant Ave: The Lowry Hill Nook

Autumn Ridge Apartments

Best Apartments

3816 Nicollet Apartments
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.

2222 Nicollet Avenue

3500 Dupont Apartments

Park Plaza

729 SE 8th Ave

St. Anthony Village

Bridgewater Crossings

1524 LaSalle Ave - Boutique Brownstone

Aster Apartments in Near North Minneapolis
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.

Sela Campus University Apartments

Colfax Villas I

Garfield Apartments

Three-Thirty-Three Oak Grove

130 W 28th St

Yale Place

Stadium Village Apartments

Total Monthly Price
Pillsbury Apartments | 2200

2600 Bryant Ave S

Total Monthly Price
Girard Apartments

2932 Drew Ave S
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.
Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Minneapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Minneapolis Studio Apartments | $1,276 | $640 | $3,589 |
Minneapolis 1 Bedroom Apartments | $1,547 | $500 | $6,720 |
Minneapolis 2 Bedroom Apartments | $2,172 | $469 | $10,000+ |
Minneapolis 3 Bedroom Apartments | $2,489 | $495 | $10,000+ |
Minneapolis 4 Bedroom Apartments | $2,509 | $495 | $10,000+ |
Minneapolis 5 Bedroom Apartments | $3,359 | $1,995 | $6,674 |
Explore Minneapolis
Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
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
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 $690.
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 $3,092.
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 11,093 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 $383 which is $2,709 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.

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.

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.