Cheap 1 Bedroom Apartments for Rent in Minneapolis, MN from $500 (1,218 Rentals) Page 3 of 25

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property at 629 6th St SE

$1,100 - $2,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom Rentals

Available Sep 1, 2026

629 6th St SE

MinneapolisMN55414
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3530 18th Avenue
$1,110
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050
Required Monthly Fees
$60

Total Monthly Price
$1,110
1 Bedroom Apartments Available Now

3530 18th Avenue

3530 18th Ave SMinneapolis, MN 55407
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5544/5301 Chicago Ave S
$1,110 - $1,155
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050 - $1,095
Required Monthly Fees
$60

Total Monthly Price
$1,110 - $1,155
1 Bedroom Apartments Available Now

5544/5301 Chicago Ave S

5544 Chicago AveMinneapolis, MN 55417
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3500 Dupont Apartments
$1,115 - $1,270
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,115
Required Monthly Fees
$155

Total Monthly Price
$1,270
1 Bedroom Apartments Available Now

3500 Dupont Apartments

3500 Dupont Ave SMinneapolis, MN 55408
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Windsor Gates
Rent Specials
$1,119 - $1,139
Total Monthly Price

Total Monthly Price

Base Rent
$1,055 - $1,465
Required Monthly Fees
$64

Total Monthly Price
$1,119 - $1,529
1 Bedroom Apartments Contact Us For Availability

Windsor Gates

6200 78th Ave NMinneapolis, MN 55443
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Como Court
$1,149 - $1,203
Total Monthly Price

Total Monthly Price

Base Rent
$1,149 - $1,199
Required Monthly Fees
$4

Total Monthly Price
$1,153 - $1,203
1 Bedroom Apartments Available Now

Como Court

1005 15th Ave SEMinneapolis, MN 55414
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property at 2606 E Hennepin Ave

$1,149 - $1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,149

Total Monthly Price
$1,149

1 Bedroom Rentals

Available Now

2606 E Hennepin Ave

MinneapolisMN55413
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The Birchway Apartments
Rent Specials
$1,170
Total Monthly Price

Total Monthly Price

Base Rent
$1,170 - $1,395
Required Monthly Fees
$61

Total Monthly Price
$1,231 - $1,456
1 Bedroom Apartments Available Now

The Birchway Apartments

5716 Winnetka Ave NMinneapolis, MN 55428
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3200 Oakland Ave
$1,175
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
-$59
Required Monthly Fees
$60

Total Monthly Price
$1
1 Bedroom Apartments Contact Us For Availability

3200 Oakland Ave

3200 Oakland AveMinneapolis, MN 55407
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Everlake Apartments
$1,180 - $1,377
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050 - $1,377

Total Monthly Price
$1,050 - $1,377
1 Bedroom Apartments Available Now

Everlake Apartments

2615 E 29th StMinneapolis, MN 55406
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Oaks Hiawatha Station
Rent Specials
$1,187 - $1,701
Total Monthly Price

Total Monthly Price

Base Rent
$1,017 - $2,020
Required Monthly Fees
$17

Total Monthly Price
$1,034 - $2,037
1 Bedroom Apartments Contact Us For Availability

Oaks Hiawatha Station

4540 Snelling AveMinneapolis, MN 55406
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The Theodore Apartments 55+
Rent Specials
$1,187 - $1,199
Total Monthly Price

Total Monthly Price

Base Rent
$1,187 - $1,434
Required Monthly Fees
$4

Total Monthly Price
$1,191 - $1,438
1 Bedroom Apartments Available Now

The Theodore Apartments 55+

2840 N Wayzata BlvdMinneapolis, MN 55405
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property at 11 S 12th St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Home for Rent

Available Feb 6, 2026

11 S 12th St

MinneapolisMN55403
property at 2530 1st Ave S

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Home for Rent

Available Now

2530 1st Ave S

MinneapolisMN55404
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Lake Street Dwelling
Rent Specials
$1,205 - $1,454
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,205 - $1,730
Required Monthly Fees
$4

Total Monthly Price
$1,209 - $1,734
1 Bedroom Apartments Available Now

Lake Street Dwelling

410-510 W Lake StMinneapolis, MN 55408
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Broadway Flats
Rent Specials
$1,206 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,350
Required Monthly Fees
$4

Total Monthly Price
$1,199 - $1,354
1 Bedroom Apartments Available Now

Broadway Flats

2505 Penn Ave NMinneapolis, MN 55411
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Mill City Quarter
Rent Specials
$1,209 - $1,458
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,209 - $1,458
Required Monthly Fees
$4

Total Monthly Price
$1,213 - $1,462
1 Bedroom Apartments Available Now

Mill City Quarter

300 S 2nd StMinneapolis, MN 55401
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River Gates Apartments
$1,210
Total Monthly Price

Total Monthly Price

Base Rent
$1,145
Required Monthly Fees
$65

Total Monthly Price
$1,210
1 Bedroom Apartments Contact Us For Availability

River Gates Apartments

3000 W River PkyMinneapolis, MN 55406
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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

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 $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

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

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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

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

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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

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.