Cheap 1 Bedroom Apartments for Rent in Minneapolis, MN from $500 (1,259 Rentals) Page 7 of 26

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Emerson
1 Bedroom Apartments

Emerson

1600 N Emerson AveMinneapolis, MN 55411
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Stadium Place
1 Bedroom Apartments

Stadium Place

1501 11th Ave SMinneapolis, MN 55404
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Blaisdell 2312
1 Bedroom Apartments

Blaisdell 2312

2312 S Blaisdell AveMinneapolis, MN 55404
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327 University Ave SE
1 Bedroom Apartments

327 University Ave SE

327 University Ave SEMinneapolis, MN 55414
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Huron Estates
1 Bedroom Apartments

Huron Estates

614 Huron Blvd SEMinneapolis, MN 55414
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Lowry Hill Apartments
1 Bedroom Apartments

Lowry Hill Apartments

715 Douglas AveMinneapolis, MN 55403
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814-8TH
1 Bedroom Apartments

814-8TH

810-814 8th St SEMinneapolis, MN 55414
Student Housing
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Hennepin Apartments
1 Bedroom Apartments

Hennepin Apartments

3513-3515 Hennepin AveMinneapolis, MN 55408
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1912 3rd Ave
1 Bedroom Apartments

1912 3rd Ave

1912 3rd Ave SMinneapolis, MN 55404
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1708 Glenwood Ave
1 Bedroom Apartments

1708 Glenwood Ave

1708 Glenwood Ave NMinneapolis, MN 55405
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University Court
1 Bedroom Apartments

University Court

725-729 8th Ave SEMinneapolis, MN 55414
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315 11th Ave SE
1 Bedroom Apartments

315 11th Ave SE

315 11th Ave SEMinneapolis, MN 55414
Student Housing
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2510 Jackson St NE
1 Bedroom Apartments

2510 Jackson St NE

2510 Jackson St NEMinneapolis, MN 55418
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2723 Cedar Ave S
1 Bedroom Apartments

2723 Cedar Ave S

2723 Cedar Ave SMinneapolis, MN 55407
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Anderson Plaza
1 Bedroom Apartments

Anderson Plaza

1800 Hayes St NEMinneapolis, MN 55418
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The Hollywood
1 Bedroom Apartments

The Hollywood

1816 Stevens AveMinneapolis, MN 55403
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3537 11th Ave S
1 Bedroom Apartments

3537 11th Ave S

3537 11th Ave SMinneapolis, MN 55407
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3512 Bryant Ave S
1 Bedroom Apartments

3512 Bryant Ave S

3512 Bryant Ave SMinneapolis, MN 55408
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1830 Stevens Ave
1 Bedroom Apartments

1830 Stevens Ave

1830 Stevens AveMinneapolis, MN 55403
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E 36th St Apartments
1 Bedroom Apartments

E 36th St Apartments

501 E 36th StMinneapolis, MN 55408
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Garfield Glenn
1 Bedroom Apartments

Garfield Glenn

3037 Garfield Ave SMinneapolis, MN 55408
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1929 S 3rd Ave
1 Bedroom Apartments

1929 S 3rd Ave

1929 S 3rd AveMinneapolis, MN 55404
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Hedberg Apartments
1 Bedroom Apartments

Hedberg Apartments

514 14th Ave SEMinneapolis, MN 55414
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The Wellstone
1 Bedroom Apartments

The Wellstone

620 E Franklin AveMinneapolis, MN 55404
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Mallbrook
1 Bedroom Apartments

Mallbrook

1810 3rd Ave SMinneapolis, MN 55404
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1806 3rd Ave
1 Bedroom Apartments

1806 3rd Ave

1806 3rd Ave SMinneapolis, MN 55404
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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 $772.

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 $3,304.

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 12,282 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 $451 which is $2,853 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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.