
Cheap 1 Bedroom Apartments for Rent in Minneapolis, MN from $500 (1,258 Rentals) Page 16 of 26


Rose 8 Estates

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Fountainhead

Centennial Commons

409 Fairview Ave N

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1940 Grand Ave, Unit 105, Unit 105

ReNew Meadow Lake

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Rose Vista Apartments

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Moonraker Apartments

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California Drive

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Queen Terrace Apartments

The BLVD Apartments

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Adrian Place

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Garden Gates

7021 Brooklyn Blvd

1498 Iglehart Ave

Nicollet South Apartments

689 Snelling Ave S, Unit 204

1210-1220 Cambridge St. (Hopkins)

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Westwood Gardens

Westwood Chateau Apartments

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2700-2727 Rhode Island Ave S. (Rhode Island Chateau)

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The Birchway Apartments

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Highland on the Park

Fox Ridge Estates

Knollwood Towers West Apartments

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Era on Excelsior

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Woodlake Park

The Pitch Apartments

Bass Lake Crossing

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Lake Pointe

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Chateau Montreal

Glen Pond

Boulevard 100 Apartments

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1088 Dayton Ave, Unit 4, Unit 4

Northview Commons Apartments

8300 W 31st St

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River Terrace

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Granite Falls at Silver Lake Apartments

Willows On France

Park Place off Broadway

Park Point Properties

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Como Park Apartments

Noma One

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South Pointe

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Amber Union

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The Rosalyn | Affordable Senior 55+ Apartments in Bloomington - NOW OPEN!

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Apache Manor Apartments

Atlas Pointe Apartments

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Windsor South Apartments
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 | $1,325 | $640 | $3,769 |
| Minneapolis 1 Bedroom Apartments | $1,636 | $500 | $7,259 |
| Minneapolis 2 Bedroom Apartments | $2,194 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,685 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $1,965 | $649 | $9,950 |
| Minneapolis 5 Bedroom Apartments | $4,220 | $2,200 | $10,000+ |
Explore Minneapolis
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 $772.
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 $3,304.
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 12,282 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 $451 which is $2,853 cheaper than the average rent for all rentals in Minneapolis.
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.
Helpful Local Expert Guides

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.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
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Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
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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
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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
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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.