Cheap 1 Bedroom Apartments for Rent in Minneapolis, MN from $500 (1,234 Rentals) Page 5 of 25

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property at 11 S 12th St

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Home for Rent

Available Oct 1

11 S 12th St

MinneapolisMN55403
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Luna Apartments
Rent Specials
$1,395 - $1,853
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295 - $2,095
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Sep 4

Luna Apartments

2520 8th St SMinneapolis, MN 55454
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The Shale
Rent Specials
$1,395 - $2,210
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $2,210

Total Monthly Price
$1,395 - $2,210
1 Bedroom Apartments Available Now

The Shale

4757 Hiawatha AveMinneapolis, MN 55406
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Stone Arch I
Rent Specials
$1,399 - $1,500
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,388 - $1,758
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Stone Arch I

601-701 Main St SEMinneapolis, MN 55414
Corporate Housing
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  • Low Income
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Serene Apartments
Rent Specials
$1,403 - $1,703
Total Monthly Price

Total Monthly Price

Base Rent
$1,355 - $2,425
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Oct 8

Serene Apartments

829 NE Marshall StMinneapolis, MN 55413
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Oaks Station Place
$1,414 - $1,719
Total Monthly Price

Total Monthly Price

Base Rent
$1,188 - $1,927
Required Monthly Fees
$19

Total Monthly Price
$1,207 - $1,946
1 Bedroom Apartments Contact Us For Availability

Oaks Station Place

3550 E 46th StMinneapolis, MN 55406
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Intersect
$1,415 - $2,545
Total Monthly Price

Total Monthly Price

Base Rent
$1,415 - $2,545

Total Monthly Price
$1,415 - $2,545
1 Bedroom Apartments Available Now

Intersect

310 N 2nd StMinneapolis, MN 55401
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Wakpada Apartments
Rent Specials
$1,422 - $1,763
Total Monthly Price

Total Monthly Price

Base Rent
$1,163 - $1,763
Required Monthly Fees
$15

Total Monthly Price
$1,178 - $1,778
1 Bedroom Apartments Available Now

Wakpada Apartments

4603 Minnehaha AveMinneapolis, MN 55406
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Canvas Apartments
$1,426
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,426 - $2,287
Required Monthly Fees
$4

Total Monthly Price
$1,430 - $2,291
1 Bedroom Apartments Available Now

Canvas Apartments

2301 NE California StMinneapolis, MN 55418
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Beck46
$1,428 - $2,901
Total Monthly Price

Total Monthly Price

Base Rent
$1,428 - $4,382
Required Monthly Fees
$83

Total Monthly Price
$1,511 - $4,465
1 Bedroom Apartments Available Now

Beck46

4020 Nawadaha BlvdMinneapolis, MN 55406
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Sawyer Apartments
$1,428 - $2,031
Total Monthly Price

Total Monthly Price

Base Rent
$1,322 - $2,595
Required Monthly Fees
$106

Total Monthly Price
$1,428 - $2,701
1 Bedroom Apartments Contact Us For Availability

Sawyer Apartments

338 2nd St NEMinneapolis, MN 55413
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Rose
$1,433
Plus Fees1 Month Lease Term
1 Bedroom Apartments Contact Us For Availability

Rose

1928 Portland AveMinneapolis, MN 55404
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Timber & Tie
Rent Specials
$1,436
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,348 - $1,436
Required Monthly Fees
$5

Total Monthly Price
$1,353 - $1,441
1 Bedroom Apartments Available Now

Timber & Tie

900 14th Ave NEMinneapolis, MN 55413
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Frances
Rent Specials
$1,438 - $2,154
Total Monthly Price

Total Monthly Price

Base Rent
$1,409 - $3,293
Required Monthly Fees
$175

Total Monthly Price
$1,584 - $3,468
1 Bedroom Apartments Available Sep 1

Frances

1030 NE Main StMinneapolis, MN 55413
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property at 232 W Franklin Ave

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Home for Rent

Available Oct 1

232 W Franklin Ave

MinneapolisMN55404
property at 8100 36th Ave N

$1,250 - $1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom Rentals

Available Now

8100 36th Ave N

MinneapolisMN55427
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The Bohen Apartments
Rent Specials
$1,460 - $1,685
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $3,178
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

The Bohen Apartments

2851 Hennepin AveMinneapolis, MN 55408
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Rosa
Rent Specials
$1,463 - $1,912
Total Monthly Price18 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $2,650
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Rosa

4201 Nicollet AveMinneapolis, MN 55409
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Bowler Lofts
Rent Specials
$1,475
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
Varies
1 Bedroom Apartments Available Sep 17

Bowler Lofts

1506 Laurel AveMinneapolis, MN 55403
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270 Hennepin
$1,475 - $2,757
Total Monthly Price

Total Monthly Price

Base Rent
$1,342 - $7,811
Required Monthly Fees
$71

Total Monthly Price
$1,413 - $7,882
1 Bedroom Apartments Available Now

270 Hennepin

270 Hennepin AveMinneapolis, MN 55402
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Track 29 Apartments
$1,475 - $2,151
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $3,316
Required Monthly Fees
$14

Total Monthly Price
$1,464 - $3,330
1 Bedroom Apartments Available Now

Track 29 Apartments

2841 Bryant Ave SMinneapolis, MN 55408
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Eitel Apartments
Rent Specials
$1,482 - $1,957
Total Monthly Price

Total Monthly Price

Base Rent
$1,253 - $2,943
Required Monthly Fees
$3

Total Monthly Price
$1,256 - $2,946
1 Bedroom Apartments Available Now

Eitel Apartments

1367 Willow StMinneapolis, MN 55403
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Third North Apartments
$1,494 - $1,849
Total Monthly Price

Total Monthly Price

Base Rent
$1,394 - $2,672
Required Monthly Fees
$8

Total Monthly Price
$1,402 - $2,680
1 Bedroom Apartments Available Now

Third North Apartments

800 N 3rd StMinneapolis, MN 55401
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property at 720 3rd Ave NE

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

720 3rd Ave NE

MinneapolisMN55414
property at 210 W Grant St

$1,495 - $1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

1 Bedroom Rentals

Available Now

210 W Grant St

MinneapolisMN55403
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Flux Apartments
$1,500 - $1,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,490 - $3,265
Required Monthly Fees
$20

Total Monthly Price
$1,510 - $3,285
1 Bedroom Apartments Available Now

Flux Apartments

2838 Fremont 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 $750.

What is the price of a cheap apartment in Minneapolis?

The cheapest apartment in Minneapolis is 6-1849 which is listed at $575, while the average apartment in Minneapolis costs $1,707.

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 9,533 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 $494 which is $1,213 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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Authentic Minneapolis: An Insider's 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.

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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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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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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.

Articles, How-To's, and Tips

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.