Cheap 1 Bedroom Apartments for Rent in Minneapolis, MN from $500 (1,240 Rentals) Page 24 of 25

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Beard Ave Apartments
1 Bedroom Apartments

Beard Ave Apartments

6101 Beard Ave NBrooklyn Center, MN 55429
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Portland Flats
1 Bedroom Apartments

Portland Flats

1572 Portland AveSt. Paul, MN 55104
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Lucia Lane
1 Bedroom Apartments

Lucia Lane

6680 Lucia Ln NEFridley, MN 55432
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Woodland Apartments
1 Bedroom Apartments

Woodland Apartments

1819 Old Shakopee RdBloomington, MN 55431
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Penn Apartments
1 Bedroom Apartments

Penn Apartments

7420 Penn Ave SRichfield, MN 55423
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Granite Ridge
1 Bedroom Apartments

Granite Ridge

7521 Jersey Ave NBrooklyn Park, MN 55428
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South Highland
1 Bedroom Apartments

South Highland

1280 Davern StSt. Paul, MN 55116
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Fairview Station at 1914
1 Bedroom Apartments

Fairview Station at 1914

1914 University AveSt. Paul, MN 55104
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916 Ashland Ave
1 Bedroom Apartments

916 Ashland Ave

916 Ashland AveSt. Paul, MN 55104
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1091 Goodrich Ave
1 Bedroom Apartments

1091 Goodrich Ave

1091 Goodrich AveSt. Paul, MN 55105
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Cedar Crest Apartments
1 Bedroom Apartments

Cedar Crest Apartments

8949 Old Cedar Ave SBloomington, MN 55425
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Cedar Manor Apartments
1 Bedroom Apartments

Cedar Manor Apartments

8901-8915 Old Cedar Ave SBloomington, MN 55425
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Lynn Apartments
1 Bedroom Apartments

Lynn Apartments

3030 Lynn Ave SSt. Louis Park, MN 55416
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Winston Apartments
1 Bedroom Apartments

Winston Apartments

9101 Old Cedar Ave SBloomington, MN 55425
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1954 Grand Ave
1 Bedroom Apartments

1954 Grand Ave

1954 Grand AveSt. Paul, MN 55105
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935 Goodrich Ave
1 Bedroom Apartments

935 Goodrich Ave

935 Goodrich AveSt. Paul, MN 55105
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1319 Grand Ave
1 Bedroom Apartments

1319 Grand Ave

1319 Grand AveSt. Paul, MN 55105
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2906 Snelling Ave N
1 Bedroom Apartments

2906 Snelling Ave N

2906 Snelling Ave NRoseville, MN 55113
Student Housing
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Cedar Cliff Apartments
1 Bedroom Apartments

Cedar Cliff Apartments

9300 Old Cedar Ave SBloomington, MN 55425
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Lakehill Apartments
1 Bedroom Apartments

Lakehill Apartments

3804 Highcrest RdSt. Anthony, MN 55421
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Creek Point Apartments
1 Bedroom Apartments

Creek Point Apartments

1045 Hiawatha AveHopkins, MN 55343
Corporate Housing
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Lynwood Pointe
1 Bedroom Apartments

Lynwood Pointe

6915-6925 Humboldt Ave NBrooklyn Center, MN 55430
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Innsbruck Villa
1 Bedroom Apartments

Innsbruck Villa

2395 3rd St NWNew Brighton, MN 55112
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Princeton Hall
1 Bedroom Apartments

Princeton Hall

888 Grand AveSt. Paul, MN 55105
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990 Grand Ave
1 Bedroom Apartments

990 Grand Ave

990 Grand AveSt. Paul, MN 55105
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Gradient Apartments
1 Bedroom Apartments

Gradient Apartments

1509 Marshall AveSt. Paul, MN 55104
Student Housing

Minneapolis, MN Area Reviews

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Stephanie4+ years in Minneapolis

February 25, 2025

A 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 $750.

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 $2,756.

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 15,154 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 $403 which is $2,353 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

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

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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.

decorative image for Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers article

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.

decorative image for Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes article

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.