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Rent Specials
$1,235 - $2,702
Plus Fees
1 Bedroom Apartments Available NowAxon Green
3140 Chowen Ave SMinneapolis, MN 55416
Cheap 1 Bedroom Apartments for Rent in Minneapolis, MN from $500 (1,164 Rentals) Page 4 of 24
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Rent Specials
$1,240 - $1,290
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowFair Oaks Apartment Homes
2421 3rd Ave SMinneapolis, MN 55404
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$1,240
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityLocal 15
1501 Como Ave SEMinneapolis, MN 55414
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$1,241 - $1,242
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityPark & Franklin Lofts
1935 Park AveMinneapolis, MN 55404
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$1,245
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,040 - $1,245
Required Monthly Fees
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City Place Lofts
730 Hennepin AveMinneapolis, MN 55403
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$1,249 - $1,698
Plus Fees
1 Bedroom Apartments Available NowRevel
1300 W Lake StMinneapolis, MN 55408
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$1,249 - $1,559
Plus Fees
1 Bedroom Apartments Available Apr 9ReNew Minnehaha
6045 Lyndale AveMinneapolis, MN 55419
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$1,250 - $1,295
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowRegent Place Apartments
4150 Regent Ave NMinneapolis, MN 55422
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$1,250 - $1,500
Plus Fees
1 Bedroom Apartments Available NowAllegro
4440 Beard Ave SMinneapolis, MN 55410
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$1,250 - $1,765
Plus Fees
1 Bedroom Apartments Available NowWakpada Apartments
4603 Minnehaha AveMinneapolis, MN 55406
99 E 54th St
MinneapolisMN55419
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$1,256 - $1,426
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityLux Apartments
6100 Summit Dr NMinneapolis, MN 55430
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Rent Specials
$1,259 - $1,919
Plus Fees
1 Bedroom Apartments Available NowArrive Loring Park
18 W 15th StMinneapolis, MN 55403
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Rent Specials
$1,260 - $1,770
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,260 - $2,150
Required Monthly Fees
Varies
Total Monthly Price
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Satori Apartments
835 W Broadway AveMinneapolis, MN 55411
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Rent Specials
$1,273 - $1,672
Plus Fees
1 Bedroom Apartments Available NowNox Apartments
2703 Girard Ave SMinneapolis, MN 55408
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$1,275
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Jun 1East River Terrace
2101 E River TerMinneapolis, MN 55414
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$1,280 - $1,800
Total Monthly Price
1 Bedroom Apartments Available Jun 1Total Monthly Price
Base Rent
$1,280 - $1,985
Required Monthly Fees
$200
Total Monthly Price
$1,480 - $2,185
Solstice Northeast
635 Van Buren St NEMinneapolis, MN 55413
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Rent Specials
$1,280 - $1,330
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,280 - $1,495
Required Monthly Fees
$30
Total Monthly Price
$1,310 - $1,525
City Limits Apartments
127 E 59th StMinneapolis, MN 55419
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Rent Specials
$1,280
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowSt Anthony Mills Apartments
720 Washington Ave SMinneapolis, MN 55415
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$1,284 - $1,822
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,202 - $2,200
Required Monthly Fees
$10
Total Monthly Price
$1,212 - $2,210
Oaks Minnehaha Longfellow
5329 48th Ave SMinneapolis, MN 55417
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$1,292
Plus Fees
1 Bedroom Apartments Available NowStonehouse Square
215 Broadway St NEMinneapolis, MN 55413
7330 York Ave S
MinneapolisMN55435
2881 Irving Ave S
MinneapolisMN55408
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Rent Specials
$1,295 - $1,508
Plus Fees
1 Bedroom Apartments Available NowThe Walkway
1320 W Lake StMinneapolis, MN 55408
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$1,295
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available May 1The Endurance
725 8th St SEMinneapolis, MN 55414
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Rent Specials
$1,295 - $1,595
Plus Fees
1 Bedroom Apartments Available NowDeco 265
265 Girard Ave NMinneapolis, MN 55405
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Rent Specials
$1,295 - $1,684
Total Monthly Price
1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$999 - $1,669
Required Monthly Fees
$15
Total Monthly Price
$1,014 - $1,684
LaSalle Apartments
36 S 9th StMinneapolis, MN 55402
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$1,295 - $1,475
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,295 - $1,475
Total Monthly Price
$1,295 - $1,475
Bowler Lofts
1506 Laurel AveMinneapolis, MN 55403
2740 Pleasant Ave
MinneapolisMN55408
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Rent Specials
$1,296 - $1,775
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThe Asher
1125 Lagoon AveMinneapolis, MN 55408
4618-4620 Cedar Ave S
MinneapolisMN55407
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$1,299
Plus Fees
1 Bedroom Apartments Available NowGateway Northeast
20 Lowry Ave NEMinneapolis, MN 55418
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Rent Specials
$1,299 - $1,399
Plus Fees
1 Bedroom Apartments Available NowMODI
2015 Lyndale AveMinneapolis, MN 55405
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$1,299 - $1,500
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowStone Arch I
601-701 Main St SEMinneapolis, MN 55414
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$1,299 - $1,316
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Aug 27Total Monthly Price
Base Rent
$1,299 - $2,800
Required Monthly Fees
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Total Monthly Price
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MPA / Marcy Park Apartments
1015 8th StMinneapolis, MN 55414
1902 Pierce St NE
MinneapolisMN55418
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$1,300
Plus Fees1 Month Lease Term
1 Bedroom Apartments Available NowRunnstone Senior Living
1509 10th Ave SMinneapolis, MN 55404
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Rent Specials
$1,300 - $1,990
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowLaurel Village
1254 Hennepin Ave NMinneapolis, MN 55403
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$1,300
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowOverlook on 100
2524 Highway 100 SMinneapolis, MN 55416
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$1,300 - $1,750
Plus Fees
1 Bedroom Apartments Available May 5Creamette Historic Lofts
432 1st St NMinneapolis, MN 55401
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$1,300
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityKarinsplass Apartments
2015 Riverside AveMinneapolis, MN 55454
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$1,311 - $1,490
Plus Fees
1 Bedroom Apartments Available NowSouthsider
3029 22nd AveMinneapolis, MN 55407
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$1,320 - $1,690
Plus Fees
1 Bedroom Apartments Available NowBoutique 28
2817 Girard Ave SMinneapolis, MN 55408
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Rent Specials
$1,321 - $1,440
Plus Fees
1 Bedroom Apartments Available NowBuzza Lofts of Uptown
1006 W Lake StMinneapolis, MN 55408
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$1,323 - $1,533
Plus Fees
1 Bedroom Apartments Available NowChurchill
111 Marquette Ave SMinneapolis, MN 55401
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Rent Specials
$1,324 - $2,930
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,248 - $5,550
Required Monthly Fees
$28
Total Monthly Price
$1,276 - $5,578
430 Oak Grove
430 Oak Grove StMinneapolis, MN 55403
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$1,325 - $1,743
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,305 - $3,086
Required Monthly Fees
$200
Total Monthly Price
$1,505 - $3,286
1500 Nicollet
1500 Nicollet Ave SMinneapolis, MN 55403
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$1,328 - $1,417
Plus Fees
1 Bedroom Apartments Available May 8Ladder 260
260 Portland AveMinneapolis, MN 55415
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$1,329 - $1,6091 Bedroom Apartments Available Now
The Shale
4757 Hiawatha AveMinneapolis, MN 55406
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Rent Specials
$1,330 - $2,845
Plus Fees
1 Bedroom Apartments Available NowThe Whit
2201 Blaisdell AveMinneapolis, MN 55404
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 | $1,312 | $640 | $2,843 |
| Minneapolis 1 Bedroom Apartments | $1,599 | $500 | $8,819 |
| Minneapolis 2 Bedroom Apartments | $2,191 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,630 | $729 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $1,920 | $639 | $7,824 |
| Minneapolis 5 Bedroom Apartments | $2,990 | $2,029 | $3,495 |
| Minneapolis 6 Bedroom Apartments | $3,303 | $2,600 | $4,650 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
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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 $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
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
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.
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.
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.
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.