Cheap 3 Bedroom Apartments for Rent in Minneapolis, MN from $739 (48 Rentals)

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Rose
$1,325 - $1,453
Plus Fees1 Month Lease Term
3 Bedroom Apartments Contact Us For Availability

Rose

1928 Portland AveMinneapolis, MN 55404
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 914 University Ave NE

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

3 Bedroom, 1 Bath Home for Rent

Available Now

914 University Ave NE

MinneapolisMN55413
property at 1710 E 34th St

$1,575

Total Monthly Price

Total Monthly Price

Base Rent
$1,575

Total Monthly Price
$1,575

3 Bedroom, 1 Bath Home for Rent

Available Now

1710 E 34th St

MinneapolisMN55407
property at 4000 20th Ave S

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 1 Bath Home for Rent

Available Jul 1

4000 20th Ave S

MinneapolisMN55407
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Holmes Park Village
3 Bedroom Apartments

Holmes Park Village

320 2nd Ave SEMinneapolis, MN 55414
  • Utilities Included
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Peregrine
3 Bedroom Apartments

Peregrine

2035 W River RdMinneapolis, MN 55411

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

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Nicollet Towers
3 Bedroom Apartments

Nicollet Towers

1350 Nicollet MallMinneapolis, MN 55403
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Emerson
3 Bedroom Apartments

Emerson

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

Stadium Place

1501 11th Ave SMinneapolis, MN 55404
  • Utilities Included
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Pleasant Properties
3 Bedroom Apartments

Pleasant Properties

4471-4661 Independence Ave NMinneapolis, MN 55428
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3128 Salem Ave
3 Bedroom Apartments

3128 Salem Ave

3128 Salem AveMinneapolis, MN 55416

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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The Louis
3 Bedroom Apartments

The Louis

3001 4th StMinneapolis, MN 55414
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Shelby Commons
3 Bedroom Apartments

Shelby Commons

188 Glenwood AveMinneapolis, MN 55405
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Bell Lofts
3 Bedroom Apartments

Bell Lofts

816 N 21st AveMinneapolis, MN 55411
  • Utilities Included
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714 4th St
3 Bedroom Apartments

714 4th St

714 4th St SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Bottineau Commons
3 Bedroom Apartments

Bottineau Commons

1800-1808 University Ave NEMinneapolis, MN 55418
  • Utilities Included
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East Town Apartments
3 Bedroom Apartments

East Town Apartments

618 S 9th StMinneapolis, MN 55404
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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E Street Flats - Student Housing
Rent Specials
$1,495 - $1,705
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,495 - $1,660
Required Monthly Fees
$45

Total Monthly Price
$1,540 - $1,705
3 Bedroom Apartments Available Soon

E Street Flats - Student Housing

1195 W County Rd EArden Hills, MN 55112
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Park Glen Townhomes
3 Bedroom Apartments

Park Glen Townhomes

4400 Park Glen RdSt. Louis Park, MN 55416
  • Utilities Included
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Edison Apartments
3 Bedroom Apartments

Edison Apartments

3110 Old Highway 8Roseville, MN 55113
  • Utilities Included
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Virginia Apartments
3 Bedroom Apartments

Virginia Apartments

3101 Virginia Ave SSt. Louis Park, MN 55426
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Riviera
3 Bedroom Apartments

The Riviera

925-965 W Highway 36 WRoseville, MN 55113
  • Utilities Included
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529 Cleveland
3 Bedroom Apartments

529 Cleveland

529 Cleveland Ave SSt. Paul, MN 55116

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Minneapolis, MN Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 Radius which is listed at $495, while the average apartment in Minneapolis costs $3,293.

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 12,191 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 $444 which is $2,849 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

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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

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Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes

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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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

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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.