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$500 - $1,000
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1 Bedroom Apartments Available NowAllianze Sr. Community
7013 Grimes Ave NMinneapolis, MN 55429
Cheap Apartments for Rent in Minneapolis, MN from $400 (1,676 Rentals)
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$500
Total Monthly Price5 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$500
Total Monthly Price
$500
872 19th Ave SE, Unit 19th
872 19th Ave SEMinneapolis, MN 55414
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$642 - $712
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$625 - $695
Required Monthly Fees
$17
Total Monthly Price
$642 - $712
214 Oak Grove | Origen Living
214 Oak Grove StMinneapolis, MN 55403
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$653 - $1,325
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Studio to 1 Bedroom Apartments Available NowShoreline Plaza
15 E Grant StMinneapolis, MN 55403
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$691 - $2,968
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Contact Us For AvailabilityPeregrine
2035 W River RdMinneapolis, MN 55411
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Rent Specials
$695 - $975
Plus Fees
Studio to 1 Bedroom Apartments Available NowSpruce Place Apartments
1365 Spruce PlMinneapolis, MN 55403
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$700 - $1,575
Plus Fees
Studio to 2 Bedroom Apartments Available NowStevens Community Apartments
128 E 18th StMinneapolis, MN 55403
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$702 - $812
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$685 - $795
Required Monthly Fees
$17
Total Monthly Price
$702 - $812
Brentwood Apartments
117-127 W Grant StMinneapolis, MN 55403
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$725 - $1,695
Plus Fees1 Month Lease Term
Studio to 3 Bedroom Apartments Available NowRose
1928 Portland AveMinneapolis, MN 55404
1316 7th St SE
MinneapolisMN55414
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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$729 - $1,570
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Buckingham / The Commodore / The Parkway Apartments
1500 LaSalle AveMinneapolis, MN 55403
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$745 - $1,200
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilityThe Remington Campus Apartments
708 5th St SEMinneapolis, MN 55414
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$750 - $925
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowCopenhagen Enterprises
26 Oak Grove StMinneapolis, MN 55403
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$750 - $1,350
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowSela Campus University Apartments
701 University Ave SEMinneapolis, MN 55414
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$750 - $1,100
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowPleasant View
2216 Pleasant Ave SMinneapolis, MN 55404
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$755 - $770
Plus Fees
Studio Apartments Available NowLakesbury Apartments
127 W Lake StMinneapolis, MN 55408
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$762 - $962
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$745 - $945
Required Monthly Fees
$17
Total Monthly Price
$762 - $962
2417 Garfield Ave Apartments | Origen Living
2417 Garfield AveMinneapolis, MN 55405
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Rent Specials
$775 - $975
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowLoring Manor Apartments
1512-1518 Spruce PlMinneapolis, MN 55403
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$778 - $1,072
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowStradford Flats
16 E 15th StMinneapolis, MN 55403
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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$782 - $922
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$765 - $905
Required Monthly Fees
$17
Total Monthly Price
$782 - $922
Haverhill Apartments
32-34 Spruce PlMinneapolis, MN 55403
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$785 - $999
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowCastleton
214-220 E 19th StMinneapolis, MN 55403
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$795 - $1,110
Plus Fees
Studio Apartments Available NowStage Apartments, LLC
814-816 Hennepin AveMinneapolis, MN 55403
2210 Pillsbury Ave
MinneapolisMN55404
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$796 - $1,788
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowWadaag Commons
1900 E 22nd StMinneapolis, MN 55404
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$799 - $949
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available Now2731 Pillsbury
2731 Pillsbury AveMinneapolis, MN 55408
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$805 - $825
Plus Fees
Studio to 1 Bedroom Apartments Available NowThe Park Apartments
1430 Spruce PlMinneapolis, MN 55403
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$815
Plus Fees12 Month Lease Term
Studio Apartments Available Now116 Oak Grove St – Oak Grove Downtown
116 Oak Grove StMinneapolis, MN 55403
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$816 - $1,900
Plus Fees
Studio to 2 Bedroom Apartments Available NowGateway Northeast
20 Lowry Ave NEMinneapolis, MN 55418
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$825 - $1,280
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilitySt. Anthony Village
320 7th St SEMinneapolis, MN 55414
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
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$825 - $975
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowOak Grove Apartment Hotel
230 Oak Grove StMinneapolis, MN 55403
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$825 - $975
Plus Fees
Studio to 1 Bedroom Apartments Available Now1910 1st Ave S
1910 1st Ave SMinneapolis, MN 55403
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$825 - $1,175
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowDiamond Lake Properties
100-102 W Diamond Lake RdMinneapolis, MN 55419
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$835 - $1,040
Plus Fees1 Month Lease Term
Studio to 1 Bedroom Apartments Available NowBest Apartments
2006-2008 Park AveMinneapolis, MN 55404
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$840
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available Dec 16Yorkshire Apartments
3125 Holmes AveMinneapolis, MN 55408
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Rent Specials
$841 - $866
Total Monthly Price
Studio Apartments Available SoonTotal Monthly Price
Base Rent
$825 - $850
Required Monthly Fees
$16
Total Monthly Price
$841 - $866
Garfield Ave Apartments | 2323
2323 Garfield Ave SMinneapolis, MN 55405
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$849 - $1,050
Plus Fees
Studio to 1 Bedroom Apartments Available NowSt. George Apartments
137 E 17th StMinneapolis, MN 55403
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$849 - $895
Plus Fees12 Month Lease Term
Studio Apartments Contact Us For Availability2426 Blaisdell
2426 Blaisdell AveMinneapolis, MN 55404
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$850 - $1,085
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowHawthorne Gates
1205 Hawthorne AveMinneapolis, MN 55403
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$850 - $2,594
Plus Fees
Studio to 2 Bedroom Apartments Available Now22 on the River
22 27th Ave SEMinneapolis, MN 55414
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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$850 - $1,050
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowBridgewater Crossings
2101-2020 21st Ave SMinneapolis, MN 55404
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$850
Plus Fees
1 Bedroom Apartments Available Now225/227/233 Oak Grove St – Oak Grove Downtown
233 Oak Grove StMinneapolis, MN 55403
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$850 - $1,875
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowBlue Goose Cooperative
1819 5th St SMinneapolis, MN 55454
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$857 - $1,427
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$845 - $1,415
Required Monthly Fees
$12
Total Monthly Price
$857 - $1,427
Bryant Manor Apartments
3532 Bryant Ave SMinneapolis, MN 55408
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$859 - $1,429
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$845 - $1,415
Required Monthly Fees
$14
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$859 - $1,429
Colfax Manor
3401 Colfax Ave SMinneapolis, MN 55408
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$860 - $1,040
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available Dec 1Mall Apartments
2871 Humboldt Ave SMinneapolis, MN 55408
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Rent Specials
$865
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$850
Required Monthly Fees
$15
Total Monthly Price
$865
Mansard Apartments
2930 33rd Ave SMinneapolis, MN 55406
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$875 - $1,330
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Studio to 2 Bedroom Apartments Available Now2001 Bryant Ave S
2001 Bryant Ave SMinneapolis, MN 55405
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$875 - $995
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowPillsbury Apartments
2443 Pillsbury AveMinneapolis, MN 55404
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$875 - $925
Plus Fees
1 Bedroom Apartments Available NowBossen Park Apartments
5717 31st Ave SMinneapolis, MN 55417
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.
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 |
|---|---|---|---|
| Cheap Minneapolis Studio Apartments | $1,287 | $640 | $4,533 |
| Cheap Minneapolis 1 Bedroom Apartments | $1,544 | $500 | $5,800 |
| Cheap Minneapolis 2 Bedroom Apartments | $2,168 | $469 | $10,000+ |
| Cheap Minneapolis 3 Bedroom Apartments | $2,338 | $495 | $10,000+ |
| Cheap Minneapolis 4 Bedroom Apartments | $1,890 | $479 | $5,341 |
| Minneapolis 5 Bedroom Apartments | $3,482 | $2,200 | $4,050 |
| Minneapolis 6 Bedroom Apartments | $3,723 | $850 | $4,795 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Minneapolis
See all Apartments in MinneapolisExplore Minneapolis
Minneapolis, MN Local Guide
Written By:
Justin HabersaatEditing Staff
- Minneapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Minneapolis, MN
Pricing Updated: 11/16/2025Current apartment rentals in the Minneapolis, MN area range in price from $500 to $15,000 with an overall median price of $3,904. The three Minneapolis neighborhoods with the lowest median rent pricing are Uptown Minneapolis at $1,245, Lyndale at $1,395, and Hepburn Park at $1,350. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Minneapolis Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Uptown Minneapolis | $1,872 | $1,245 | 5 |
| Lyndale | $1,895 | $1,395 | 4 |
| Hepburn Park | $1,925 | $1,350 | 5 |
| Riverside Park | $1,925 | $1,350 | 5 |
| Spring Park | $1,925 | $1,350 | 5 |
| Downtown | $1,925 | $1,249 | 6 |
| Highland Shores | $2,000 | $1,400 | 1 |
| Cedar Highlands | $2,000 | $2,000 | 1 |
| Riverview | $2,044 | $1,799 | 2 |
| Corcoran | $2,049 | $1,800 | 2 |
Cheapest Available Minneapolis Apartments for Rent
The cheapest available apartment rental in Minneapolis, MN is a 4 Beds unit found at Radius in the University Of Minnesota neighborhood priced from $479. Yugo Minneapolis Sydney Hall in the University Of Minnesota neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $489. Here is today’s list of the most affordable Minneapolis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Radius | D5 | 4BR,3BA | $479 |
| Yugo Minneapolis Sydney Hall | 2 Bed, 2 Bath DinkyDome Double Renovated | 2BR,2BA | $489 |
| Allianze Sr. Community | 1X1 | 1BR,1BA | $500 |
| Paige Hall | Efficiency | Studio,1BA | $551 |
| Shelby Commons | One Bedroom | 1BR,1BA | $624 |
| 214 Oak Grove | Origen Living | 0BR/1.0BA | Studio,1BA | $642 |
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Spruce Place Apartments | Studio | Studio,1BA | $695 |
| Buri Manor | Efficiency | Studio,1BA | $699 |
Best Value Apartments for Rent in Minneapolis, MN
As of November 16, 2025 the best value apartment in the Minneapolis area is the $0.92 price per square foot 7207 Heatherton Cir Model at 7207 Heatherton Cir in the in the Armatage neighborhood starting from $2,850. The second greatest value Minneapolis apartment is the 796 Stewart Ave Model at 796 Stewart Ave, Unit 796 starting at $850 with a $0.40 price per square foot in the Highland neighborhood. Here is today’s list of the best values for Minneapolis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 7207 Heatherton Cir | 7207 Heatherton Cir | 3BR,3BA | $0.92 |
| 796 Stewart Ave, Unit 796 | 796 Stewart Ave | 6BR,6BA | $0.40 |
| Minnehaha 94 | The Augsburg | 3BR,2.5BA | $0.78 |
| Factory Lofts | G2: 3 Bedrooms/3 Bathrooms | 3BR,3BA | $0.50 |
| Metropolitan Towers | 1.1+denC | 1BR,1BA | $0.92 |
| Radius | D2 | 4BR,2BA | $0.63 |
| 872 19th Ave SE, Unit 19th | 872 19th Ave SE | 2BR,1BA | $0.46 |
| Bierman Place | The Quad - By-the-bed | 4BR,2BA | $0.65 |
| 2708 Penn Ave N, Unit 2 | 2708 Penn Ave N | 1BR,1BA | $0.93 |
| The Marshall | 2DX2B | 2BR,2BA | $0.78 |
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.
Read Article
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.
Read ArticleEnjoy 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.
Read ArticleQuick 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.
Minneapolis Overview
Where the Mississippi and Minnesota Rivers meet, sits Minneapolis and its sister city Saint Paul. With Minneapolis having the largest population in the state and Saint Paul being the capital, these Twin Cities form the second-largest economic center of the Midwest. The area is surrounded by scenic water parks, including rivers, lakes, wetlands, and waterfalls, making it the perfect city for watersport fans. Connected by the Grand Rounds National Scenic Byway, these green spaces link together through seven districts around the city. Minneapolis is also considered a global city and a significant contributor to the world economy. With the fifth-highest number of Fortune 500 companies in the country, apartments in Minneapolis are perfect for young professionals to live.
Why live in Minneapolis, MN?
The Twin Cities are considered the Midwest’s cultural capital with more than 60 museums, 30 stage theaters, and ten dance companies. With unique attractions, world-class dining, and miles of green spaces, it has the best of two cities for the price of one. With nearly two dozen Fortune 500 companies calling Minneapolis home, such as UnitedHealth Group, Target, and Best Buy, the local economy continues to grow. No sales tax on clothing makes shopping at the Mall of America, the largest mall in the country, that much better.
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 the Cheapest Studio apartment in Minneapolis?
Currently the most affordable Cheap Studio Apartment in Minneapolis is at Paige Hall listed at $551.
How much is rent for a Cheap One Bedroom Minneapolis Apartment?
The lowest price for a Cheap One Bedroom Minneapolis Apartment is $500 at Allianze Sr. Community.
What is the lowest price for a Cheap Two Bedroom Minneapolis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Minneapolis is starting from $489 at Yugo Minneapolis Sydney Hall.
What is the most affordable Minneapolis Three Bedroom Apartment?
The best deal on a cheap Minneapolis Three Bedroom Apartment rental is at Radius and starts from $495.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.