
Cheap 1 Bedroom Apartments for Rent in Minneapolis, MN from $500 (1,231 Rentals) Page 3 of 25


Ellis and Louise Apartments

Rivergate Apartments

Minnehaha Apartments

Satori

Park Pointe - Powderhorn Neighborhood

The Denn of Dinkytown

2604 Fremont Ave S

AVID

Colfax Terrace

Yale Place Apartments

Courtyard

Minnehaha Manor Apartments

3625 Aldrich Ave S

5315 Minnehaha Ave

Granite Creek

Portage Apartments

Carrington Drive Apartments

2618 University Ave NE

Peregrine

Colfax Manor

Pheasant Park Apartments

Regent Place Apartments

3308 Girard Ave S

Uptown Square

2800 Girard Apartments

Lake West on France

2012-2014 Dupont Ave S

2006-2008 Dupont Ave S

Dakar on Lake

2120 Garfield Avenue

3701 Lake St

Humboldt Terrace

3700 Lyndale

CMM Aquila Flats 8216 W 31st St.

120 Mississippi Pl, Unit 1

240 N Irving Ave

Oaks Hiawatha Station
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 | $1,358 | $640 | $8,647 |
Minneapolis 1 Bedroom Apartments | $1,631 | $500 | $8,256 |
Minneapolis 2 Bedroom Apartments | $2,274 | $479 | $10,000+ |
Minneapolis 3 Bedroom Apartments | $2,546 | $495 | $10,000+ |
Minneapolis 4 Bedroom Apartments | $2,628 | $495 | $10,000+ |
Minneapolis 5 Bedroom Apartments | $3,643 | $2,195 | $10,000+ |
Explore Minneapolis
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
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 the Cheapest Studio apartment in Minneapolis?
Currently the most affordable Cheap Studio Apartment in Minneapolis is at Allianze Sr. Community listed at $500.
How much is rent for a Cheap One Bedroom Minneapolis Apartment?
The lowest price for a Cheap One Bedroom Minneapolis Apartment is $500 at Allianze Sr. Community.
What is the lowest price for a Cheap Two Bedroom Minneapolis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Minneapolis is starting from $500 at Allianze Sr. Community.
What is the most affordable Minneapolis Three Bedroom Apartment?
The best deal on a cheap Minneapolis Three Bedroom Apartment rental is at Allianze Sr. Community and starts from $500.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.