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$945 - $2,667
Plus Fees12 Month Lease Term
3 Bedroom Apartments Contact Us For AvailabilityPeregrine
2035 W River RdMinneapolis, MN 55411
Cheap 3 Bedroom Apartments for Rent in Minneapolis, MN from $495 (47 Rentals)
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$1,325 - $1,453
Plus Fees1 Month Lease Term
3 Bedroom Apartments Contact Us For AvailabilityRose
1928 Portland AveMinneapolis, MN 55404
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$1,475 - $1,500
Plus Fees
3 Bedroom Apartments Available NowWest Broadway Crescent
2000 W Broadway Ave NEMinneapolis, MN 55411
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$1,495
Plus Fees
3 Bedroom Apartments Available Now1435 West 31st St
1435 W 31st StMinneapolis, MN 55408
3232 Colfax Ave South
MinneapolisMN55408
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$1,504 - $1,827
Plus Fees12 Month Lease Term
3 Bedroom Apartments Available NowFive15 on the Park
515 15th Ave SMinneapolis, MN 55454
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$1,533
Plus Fees12 Month Lease Term
3 Bedroom Apartments Contact Us For AvailabilityPark Plaza
1315 Olson Memorial HwyMinneapolis, MN 55405
3017 Park Ave
MinneapolisMN55407
2634 N Colfax Ave
MinneapolisMN55411
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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$1,600 - $2,100
Plus Fees
3 Bedroom Apartments Contact Us For AvailabilityEast Village
1423 S 11th AveMinneapolis, MN 55404
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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.
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$750 - $1,800
Plus Fees
3 Bedroom Apartments Available NowNorthview Commons
1230 Cheri Ln NEColumbia Heights, MN 55421
386-388 Fry St
St. PaulMN55104
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$1,534
Plus Fees
3 Bedroom Apartments Contact Us For AvailabilityAmber Union
1667 Snelling Ave NSt. Paul, MN 55108
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$1,585 - $1,750
Plus Fees
3 Bedroom Apartments Contact Us For AvailabilityWestside
97 Blake Rd NHopkins, MN 55343
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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$1,595 - $2,056
Total Monthly Price
3 Bedroom Apartments Available Sep 18Total Monthly Price
Base Rent
$1,200 - $3,831
Required Monthly Fees
$8
Total Monthly Price
$1,208 - $3,839
Springbrook
111 83rd Ave NEFridley, MN 55432
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$1,596 - $1,795
Plus Fees
3 Bedroom Apartments Available NowThe Legends of Columbia Heights 55+ Living
3700 Huset PkyColumbia Heights, MN 55421
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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 Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Showing Results 1-47, Page 1 of 1
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 | $1,275 | $640 | $3,477 |
| Minneapolis 1 Bedroom Apartments | $1,537 | $500 | $6,050 |
| Minneapolis 2 Bedroom Apartments | $2,157 | $479 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,489 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,508 | $495 | $10,000+ |
| Minneapolis 5 Bedroom Apartments | $3,448 | $2,029 | $7,494 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleMinneapolis, MN
Ranked #1
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Minneapolis, MN Rentals by Map
See the most popular apartments and homes in Minneapolis, MN
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Minneapolis, MN Area Reviews
Do you know the Minneapolis area?
Let everyone know!
Write a Review
Stephanie • 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 $695.
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 $3,116.
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 11,368 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 $404 which is $2,712 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.
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.