Cheap 1 Bedroom Apartments for Rent in Minneapolis, MN from $500 (1,234 Rentals)Page 9 of 25

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2709 Park Ave S
1 Bedroom Apartments

2709 Park Ave S

2709 Park AveMinneapolis, MN 55407
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Pleasant Place
1 Bedroom Apartments

Pleasant Place

2100 Pleasant Ave SMinneapolis, MN 55404
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Nicollet Towers
1 Bedroom Apartments

Nicollet Towers

1350 Nicollet MallMinneapolis, MN 55403
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Parkview Pointe
1 Bedroom Apartments

Parkview Pointe

3554 17th Ave SMinneapolis, MN 55407
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Park Place Apartments
1 Bedroom Apartments

Park Place Apartments

3845 Bryant Ave SMinneapolis, MN 55409
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Longfellow Place
1 Bedroom Apartments

Longfellow Place

3414 Minnehaha AveMinneapolis, MN 55406
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1915 3rd Ave S
1 Bedroom Apartments

1915 3rd Ave S

1915 3rd Ave SMinneapolis, MN 55404
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3247 Lyndale Ave S
1 Bedroom Apartments

3247 Lyndale Ave S

3247 Lyndale Ave SMinneapolis, MN 55408
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1302 Linden
1 Bedroom Apartments

1302 Linden

1302 Linden AveMinneapolis, MN 55403
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Linden Hills | 2715
1 Bedroom Apartments

Linden Hills | 2715

2715 43rd St WMinneapolis, MN 55410
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Casablanca
1 Bedroom Apartments

Casablanca

4711 Nicollet Ave SMinneapolis, MN 55419
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Central Avenue Lofts
1 Bedroom Apartments

Central Avenue Lofts

920 NE 24th AveMinneapolis, MN 55418
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Cromwell Commons
1 Bedroom Apartments

Cromwell Commons

10 E 15th StMinneapolis, MN 55403
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3609 Grand Ave S
1 Bedroom Apartments

3609 Grand Ave S

3609 Grand Ave SMinneapolis, MN 55409
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Pleasant Apartments
1 Bedroom Apartments

Pleasant Apartments

3035 Pleasant AveMinneapolis, MN 55408
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2632 3rd Ave S
1 Bedroom Apartments

2632 3rd Ave S

2632 3rd Ave SMinneapolis, MN 55408
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Second Avenue Flats
1 Bedroom Apartments

Second Avenue Flats

2111 2nd Ave SMinneapolis, MN 55404
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Lowry Manor
1 Bedroom Apartments

Lowry Manor

817 Lowry Ave NEMinneapolis, MN 55418
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1941 Aldrich Ave S
1 Bedroom Apartments

1941 Aldrich Ave S

1941 Aldrich Ave SMinneapolis, MN 55403
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2741 Pillsbury
1 Bedroom Apartments

2741 Pillsbury

2741 Pillsbury AveMinneapolis, MN 55408
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Franklin Villa
1 Bedroom Apartments

Franklin Villa

305 W Franklin AveMinneapolis, MN 55404
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Colfax Villas
1 Bedroom Apartments

Colfax Villas

3625-3627 Colfax Ave SMinneapolis, MN 55409
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8th on Campus
1 Bedroom Apartments

8th on Campus

325 8th Ave SEMinneapolis, MN 55414
Student Housing
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2806 Xerxes Ave S
1 Bedroom Apartments

2806 Xerxes Ave S

2806 Xerxes Ave SMinneapolis, MN 55416
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Bryant Ave Apartments
1 Bedroom Apartments

Bryant Ave Apartments

2200 Bryant Ave SMinneapolis, MN 55405
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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

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 $700.

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 $3,026.

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 14,284 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 $412 which is $2,614 cheaper than the average rent for all rentals in Minneapolis.

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.

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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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.