Cheap 1 Bedroom Apartments for Rent in Minneapolis, MN from $500 (1,164 Rentals) Page 3 of 24

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3541 13th
$1,135
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,075
Required Monthly Fees
$60

Total Monthly Price
$1,135
1 Bedroom Apartments Contact Us For Availability

3541 13th

3541 13th Ave SMinneapolis, MN 55407
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Colfax Terrace
Rent Specials
$1,145
Total Monthly Price

Total Monthly Price

Base Rent
$935 - $1,395
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available May 6

Colfax Terrace

3433-3435 Colfax Ave SMinneapolis, MN 55408
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Chelsea Park
$1,150 - $1,305
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,545

Total Monthly Price
$1,150 - $1,545
1 Bedroom Apartments Contact Us For Availability

Chelsea Park

4200 45th Ave NMinneapolis, MN 55422
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3530 18th Ave S
$1,155
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,095
Required Monthly Fees
$60

Total Monthly Price
$1,155
1 Bedroom Apartments Contact Us For Availability

3530 18th Ave S

3530 18th Ave SMinneapolis, MN 55407
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CityLine
$1,161 - $1,763
Total Monthly Price

Total Monthly Price

Base Rent
$1,120 - $1,763

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

CityLine

3815 Hiawatha AveMinneapolis, MN 55406
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2739 Girard Ave S
$1,175
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175
1 Bedroom Apartment Available Now

2739 Girard Ave S

2739 Girard Ave SMinneapolis, MN 55408
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Isles East
$1,175 - $1,255
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,175 - $1,395
Required Monthly Fees
$80

Total Monthly Price
$1,255 - $1,475
1 Bedroom Apartments Available Now

Isles East

1101-1105 W 28th StMinneapolis, MN 55408
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22 on the River
Rent Specials
$1,183 - $2,312
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850 - $2,594

Total Monthly Price
$850 - $2,594
1 Bedroom Apartments Available Now

22 on the River

22 27th Ave SEMinneapolis, MN 55414
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Oaks Hiawatha Station
$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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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
property at 962 29th Ave NE

$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

962 29th Ave NE

MinneapolisMN55418
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Fulton Terrace
$1,195 - $1,425
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,425
Required Monthly Fees
$80

Total Monthly Price
$1,275 - $1,505
1 Bedroom Apartments Available May 1

Fulton Terrace

2915 W 50th StMinneapolis, MN 55410
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The Denn of Dinkytown
Rent Specials
$1,195
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $2,400

Total Monthly Price
$1,195 - $2,400
1 Bedroom Apartments Available Jun 1

The Denn of Dinkytown

815 13th Ave SEMinneapolis, MN 55414
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Stone Arch II
$1,199 - $1,448
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,123 - $1,448

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Stone Arch II

520 2nd St SEMinneapolis, MN 55414
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The Theodore Apartments 55+
Rent Specials
$1,199
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,434
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

The Theodore Apartments 55+

2840 N Wayzata BlvdMinneapolis, MN 55405
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property at 17210 25th Ave N

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

17210 25th Ave N

MinneapolisMN55447
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Flats at Malcolm Yards
Rent Specials
$1,201 - $1,454
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,201 - $1,735
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Flats at Malcolm Yards

505 SE Malcolm AveMinneapolis, MN 55414
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FIT
Rent Specials
$1,203 - $1,428
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,850
Required Monthly Fees
$8

Total Monthly Price
$1,203 - $1,858
1 Bedroom Apartments Available May 21

FIT

515 E Grant StMinneapolis, MN 55404
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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
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Lake Street Dwelling

410-510 W Lake StMinneapolis, MN 55408
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  • Low Income
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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
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Mill City Quarter

300 S 2nd StMinneapolis, MN 55401
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214 Place Apartments
Rent Specials
$1,219 - $1,283
Total Monthly Price

Total Monthly Price

Base Rent
$899 - $1,279
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

214 Place Apartments

214 W 15th StMinneapolis, MN 55403
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3500 Dupont Ave
$1,230
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,075
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Contact Us For Availability

3500 Dupont Ave

3500 Dupont Ave SMinneapolis, MN 55408
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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 $745.

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 $2,803.

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 13,254 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 $410 which is $2,393 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

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.

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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.

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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

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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.