Cheap Gated Apartments for Rent in Minneapolis, MN from $300 (464 Rentals)

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Search the lowest-cost Apartments available for rent right now in Minneapolis.

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Rose
$725 - $1,695
Plus Fees1 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Rose

1928 Portland AveMinneapolis, MN 55404
Student Housing
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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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22 on the River
Rent Specials
$850 - $2,594
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850 - $2,594
Total Monthly Price
$850 - $2,594
Studio to 2 Bedroom Apartments Available Now

22 on the River

22 27th Ave SEMinneapolis, MN 55414
Student Housing
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  • Customer Reviewed
  • 3D Tour

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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Oak Grove Downtown
$870 - $990
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$855 - $975
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Aug 14

Oak Grove Downtown

116 Oak Grove StMinneapolis, MN 55403
Corporate Housing
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  • Utilities Included
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Loring Grove Apartments
$875 - $1,360
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$875 - $1,360
Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Jul 10

Loring Grove Apartments

125 Oak Grove StMinneapolis, MN 55403
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Knox and Lagoon Apartments
$895 - $1,450
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895 - $1,450
Total Monthly Price
$895 - $1,450
1 to 2 Bedroom Apartments Contact Us For Availability

Knox and Lagoon Apartments

2901 Knox Ave SMinneapolis, MN 55408
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Colfax Villas I
$899 - $1,250
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$899 - $1,250
Total Monthly Price
$899 - $1,250
Studio to 2 Bedroom Apartments Available Now

Colfax Villas I

3611 Colfax Ave SMinneapolis, MN 55409
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Ellis and Louise Apartments
$900 - $1,330
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900 - $1,330
Total Monthly Price
$900 - $1,330
Studio to 2 Bedroom Apartments Contact Us For Availability

Ellis and Louise Apartments

3440 Dupont Ave SMinneapolis, MN 55408
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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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214 Place Apartments
Rent Specials
$903 - $1,115
Total Monthly Price

Total Monthly Price

Base Rent
$899 - $1,111
Required Monthly Fees
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Total Monthly Price
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Studio to 1 Bedroom Apartments Available Now

214 Place Apartments

214 W 15th StMinneapolis, MN 55403
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225 Place Apartments
Rent Specials
$903 - $953
Total Monthly Price

Total Monthly Price

Base Rent
$899 - $949
Required Monthly Fees
Varies
Total Monthly Price
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Studio Apartments Available Now

225 Place Apartments

225 W 15th StMinneapolis, MN 55403
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Flats at Emerson
$910
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900
Required Monthly Fees
$10
Total Monthly Price
$910
Studio Apartments Contact Us For Availability

Flats at Emerson

3441 Emerson Ave SMinneapolis, MN 55408
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AVID Uptown
$922 - $1,112
Total Monthly Price

Total Monthly Price

Base Rent
$855 - $1,045
Required Monthly Fees
$67
Total Monthly Price
$922 - $1,112
Studio to 1 Bedroom Apartments Available Now

AVID Uptown

3431 Dupont Ave SMinneapolis, MN 55408
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Mansard Apartments
Rent Specials
$931 - $1,021
Total Monthly Price

Total Monthly Price

Base Rent
$915 - $1,005
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

Mansard Apartments

2930 33rd Ave SMinneapolis, MN 55406
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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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Studios at 7 Corners
$950 - $1,445
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900 - $1,395
Required Monthly Fees
$50
Total Monthly Price
$950 - $1,445
Studio to 2 Bedroom Apartments Available Now

Studios at 7 Corners

1414 S 3rd StMinneapolis, MN 55454
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3541 13th
$955 - $1,155
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895 - $1,095
Required Monthly Fees
$60
Total Monthly Price
$955 - $1,155
Studio to 1 Bedroom Apartments Available Now

3541 13th

3541 13th Ave SMinneapolis, MN 55407
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Five15 on the Park
$965 - $1,862
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$965 - $1,862
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Five15 on the Park

515 15th Ave SMinneapolis, MN 55454
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  • Low Income
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Cedars 94
$969 - $1,821
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$969 - $1,821
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Cedars 94

2220 E Franklin AveMinneapolis, MN 55404
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The Redwell
Rent Specials
$995 - $1,234
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995 - $1,234
Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

The Redwell

1020 3rd St NMinneapolis, MN 55401
Affordability
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  • Low Income
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Minneapolis, MN Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Stephanie • 4+ 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 the Cheapest Studio apartment in Minneapolis?

Currently the most affordable Cheap Studio Apartment in Minneapolis is at Shoreline Plaza listed at $653.

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 $695 at Bierman Place.

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

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

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.