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$995 - $1,010
Total Monthly Price
1 Bedroom Apartments Available Feb 1, 2026Total Monthly Price
Base Rent
$995
Required Monthly Fees
$15
Total Monthly Price
$1,010
Mansard Apartments
2930 33rd Ave SMinneapolis, MN 55406
Cheap 1 Bedroom Apartments for Rent in Minneapolis, MN from $500 (1,218 Rentals) Page 2 of 25
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$995
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$995
Total Monthly Price
$995
1786 Hennepin Ave S, Unit 11
1786 Hennepin Ave SMinneapolis, MN 55405
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$995
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$995
Total Monthly Price
$995
4528 Bryant Ave S, Unit 5
4528 Bryant Ave SMinneapolis, MN 55419
2637 Pleasant Ave
MinneapolisMN55408
2000-2002 Dupont Ave S
MinneapolisMN55405
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$999 - $1,145
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$875 - $1,330
Required Monthly Fees
$140
Total Monthly Price
$1,015 - $1,470
2001 Bryant Ave S
2001 Bryant Ave SMinneapolis, MN 55405
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$999
Plus Fees
1 Bedroom Apartments Available NowRobinwood Apartments
3848-3854 W Broadway AveMinneapolis, MN 55422
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$999
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$805 - $999
Total Monthly Price
$805 - $999
Loring Grove Apartments
125 Oak Grove StMinneapolis, MN 55403
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$1,000
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now1101 S 7th St
1101 S 7th StMinneapolis, MN 55415
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$1,005 - $1,345
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowAbbott Apartments
110 18th St EMinneapolis, MN 55403
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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$1,029
Plus Fees
1 Bedroom Apartments Available Now2715 dupont ave S.
2715 Dupont Ave SMinneapolis, MN 55408
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Rent Specials
$1,034 - $1,398
Total Monthly Price1 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$959 - $1,821
Required Monthly Fees
$5
Total Monthly Price
$964 - $1,826
Cedars 94
2220 E Franklin AveMinneapolis, MN 55404
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$1,040
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityMall Apartments
2871 Humboldt Ave SMinneapolis, MN 55408
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$1,045 - $1,057
Total Monthly Price
1 Bedroom Apartments Available Feb 1, 2026Total Monthly Price
Base Rent
$900 - $1,045
Required Monthly Fees
$12
Total Monthly Price
$912 - $1,057
Garfield Court
2101 Garfield Ave SMinneapolis, MN 55405
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$1,046 - $1,588
Plus Fees
1 Bedroom Apartments Available NowNico East
1725 Nicollet AveMinneapolis, MN 55403
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$1,047 - $1,097
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,047
Required Monthly Fees
$50
Total Monthly Price
$1,097
Garden Apartments
5700-5712 34th Ave SMinneapolis, MN 55417
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$1,049
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,049
Total Monthly Price
$1,049
2413 DuPont Ave S, Unit 2
2413 DuPont Ave SMinneapolis, MN 55405
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Rent Specials
$1,050
Plus Fees
1 Bedroom Apartments Available NowGreenway Apartments
2716 Blaisdell AveMinneapolis, MN 55408
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$1,050 - $1,110
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,050 - $1,395
Required Monthly Fees
$60
Total Monthly Price
$1,110 - $1,455
Diamond Pointe Apartments
6106-6116 Lyndale Ave SMinneapolis, MN 55419
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.
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$1,050
Plus Fees
1 Bedroom Apartments Available NowSt. George Apartments
137 E 17th StMinneapolis, MN 55403
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$1,050
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now409 University Ave SE
409 University Ave SEMinneapolis, MN 55414
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Rent Specials
$1,050
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityHook and Ladder Apartments
640 24th Ave NEMinneapolis, MN 55418
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$1,055
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$900 - $1,330
Total Monthly Price
$900 - $1,330
Ellis and Louise Apartments
3440 Dupont Ave SMinneapolis, MN 55408
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$1,059 - $1,203
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,059 - $1,199
Required Monthly Fees
$4
Total Monthly Price
$1,063 - $1,203
214 Place Apartments
214 W 15th StMinneapolis, MN 55403
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$1,065 - $1,545
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityOverlook on 100
2524 Highway 100 SMinneapolis, MN 55416
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Rent Specials
$1,071 - $1,454
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,067 - $1,735
Required Monthly Fees
$4
Total Monthly Price
$1,071 - $1,739
Flats at Malcolm Yards
505 SE Malcolm AveMinneapolis, MN 55414
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$1,075
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThe Denn of Dinkytown
815 13th Ave SEMinneapolis, MN 55414
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$1,075 - $1,175
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowBlue Goose Cooperative
1819 5th St SMinneapolis, MN 55454
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$1,075
Plus Fees
1 Bedroom Apartments Available Jan 1, 20263515 2nd Ave S
3515 2nd Ave SMinneapolis, MN 55408
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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$1,084 - $1,299
Plus Fees
1 Bedroom Apartments Available Jan 31, 2026Gateway Northeast
20 Lowry Ave NEMinneapolis, MN 55418
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$1,085
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowHawthorne Gates
1205 Hawthorne AveMinneapolis, MN 55403
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$1,090 - $1,117
Total Monthly Price
1 Bedroom Apartments Available Feb 1, 2026Total Monthly Price
Base Rent
$1,090 - $1,100
Required Monthly Fees
$17
Total Monthly Price
$1,107 - $1,117
Pillsbury Flats
2508-2520 Pillsbury Ave SMinneapolis, MN 55404
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$1,095 - $1,127
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$845 - $1,295
Required Monthly Fees
$12
Total Monthly Price
$857 - $1,307
Bryant Manor Apartments
3532 Bryant Ave SMinneapolis, MN 55408
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$1,095 - $1,260
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,095 - $1,395
Required Monthly Fees
$65
Total Monthly Price
$1,160 - $1,460
Lake West on France
3028 Ewing Ave SMinneapolis, MN 55416
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$1,095 - $1,109
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,095 - $1,295
Required Monthly Fees
$14
Total Monthly Price
$1,109 - $1,309
Colfax Manor
3401 Colfax Ave SMinneapolis, MN 55408
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$1,095 - $1,428
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$995 - $1,850
Required Monthly Fees
$8
Total Monthly Price
$1,003 - $1,858
FIT
515 E Grant StMinneapolis, MN 55404
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Rent Specials
$1,095 - $1,280
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,095 - $1,545
Total Monthly Price
$1,095 - $1,545
Chelsea Park
4200 45th Ave NMinneapolis, MN 55422
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$1,095 - $1,195
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowCalhoun Park Terrace
3013-3019 Aldrich Ave SMinneapolis, MN 55408
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$1,095 - $1,175
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowDiamond Lake Properties
100-102 W Diamond Lake RdMinneapolis, MN 55419
Minneapolis's Best Affordable Neighborhoods
Learn about Minneapolis, MN and the best places to live with original content written by our Minneapolis Local Expert Stephanie Lica
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$1,095
Plus Fees
1 Bedroom Apartments Available Feb 1, 20263308 Girard Ave S
3308 Girard Ave SMinneapolis, MN 55408
5315 Minnehaha Ave
MinneapolisMN55417
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$1,099
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityGranite Creek
5555 Zealand Ave NMinneapolis, MN 55428
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Rent Specials
$1,099 - $1,355
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowColony Apartment Homes
1740 1/2 W 76th StMinneapolis, MN 55423
3729 Snelling Ave
MinneapolisMN55406
3311 Fremont Ave N
MinneapolisMN55412
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$1,100
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,100
Total Monthly Price
$1,100
440 Ridgewood Ave, Unit 202
440 Ridgewood AveMinneapolis, MN 55403
2533 Lyndale Ave S
MinneapolisMN55405
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Rent Specials
$1,100 - $1,450
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowEast Village
1423 S 11th AveMinneapolis, MN 55404
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$1,100 - $1,116
Total Monthly Price
1 Bedroom Apartments Available Mar 1, 2026Total Monthly Price
Base Rent
$1,100
Required Monthly Fees
$16
Total Monthly Price
$1,116
Riverside Flats
940 Franklin TerMinneapolis, MN 55406
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 | $1,303 | $640 | $5,541 |
| Minneapolis 1 Bedroom Apartments | $1,542 | $500 | $5,800 |
| Minneapolis 2 Bedroom Apartments | $2,155 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,413 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,211 | $479 | $7,953 |
| Minneapolis 5 Bedroom Apartments | $3,443 | $2,450 | $3,895 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
Let everyone know!
Do you know the Minneapolis area?
If you’re an expert on all things Minneapolis, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 ReviewStephanie • 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 $717.
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 $2,734.
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 16,043 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 $433 which is $2,301 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
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
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
Written by: Stephanie Lica
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.
Articles, How-To's, and Tips
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.