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$975
Total Monthly Price12 Month Lease Term
Studio Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$895
Required Monthly Fees
$80
Total Monthly Price
$975
Isles East
1101-1105 W 28th StMinneapolis, MN 55408
Cheap Gated Apartments for Rent in Minneapolis, MN from $400 (505 Rentals) Page 2 of 11
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$977 - $1,196
Plus Fees
Studio to 2 Bedroom Apartments Available NowCarrington Drive
6910 Humboldt Ave NMinneapolis, MN 55430
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$979 - $1,328
Plus Fees
Studio to 1 Bedroom Apartments Available NowLadder 260
260 Portland AveMinneapolis, MN 55415
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$979 - $1,029
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1 Bedroom Apartments Available NowTotal Monthly Price
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$965 - $1,015
Required Monthly Fees
$14
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$979 - $1,029
Girard Apartments
3253 Girard Ave SMinneapolis, MN 55408
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$980 - $1,290
Plus Fees12 Month Lease Term
Studio Apartments Available NowThe Endurance
725 8th St SEMinneapolis, MN 55414
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$987
Total Monthly Price
1 Bedroom Apartments Available Feb 5Total Monthly Price
Base Rent
$965
Required Monthly Fees
$22
Total Monthly Price
$987
Pillsbury Apartments | 2200
2200 Pillsbury Ave SMinneapolis, MN 55404
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$990 - $1,455
Total Monthly Price1 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$990 - $1,455
Total Monthly Price
$990 - $1,455
Drexel Apartments
1009 Park AveMinneapolis, MN 55404
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$990 - $1,280
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowSt Anthony Mills Apartments
720 Washington Ave SMinneapolis, MN 55415
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Rent Specials
$1,000 - $2,050
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$945 - $1,995
Required Monthly Fees
$55
Total Monthly Price
$1,000 - $2,050
Overland Apartments
2325 E 38th St EMinneapolis, MN 55406
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$1,000 - $1,644
Total Monthly Price
Studio to 1 Bedroom Apartments Available Mar 5Total Monthly Price
Base Rent
$985 - $1,629
Required Monthly Fees
$15
Total Monthly Price
$1,000 - $1,644
LaSalle Apartments
36 S 9th StMinneapolis, MN 55402
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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$1,000 - $1,700
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowEast Village
1423 S 11th AveMinneapolis, MN 55404
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$1,000
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now1101 S 7th St
1101 S 7th StMinneapolis, MN 55415
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$1,003 - $1,858
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$995 - $1,850
Required Monthly Fees
$8
Total Monthly Price
$1,003 - $1,858
FIT
515 E Grant StMinneapolis, MN 55404
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$1,004 - $2,381
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowFourth Street Co-op Apartments
1227 4th St SEMinneapolis, MN 55414
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$1,005 - $1,725
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowAbbott Apartments
110 18th St EMinneapolis, MN 55403
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$1,010
Total Monthly Price
1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$995
Required Monthly Fees
$15
Total Monthly Price
$1,010
Mansard Apartments
2930 33rd Ave SMinneapolis, MN 55406
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$1,014 - $1,545
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,014 - $1,545
Total Monthly Price
$1,014 - $1,545
Chelsea Park
4200 45th Ave NMinneapolis, MN 55422
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$1,019 - $1,289
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowUptown Square
2908 Bryant Ave SMinneapolis, MN 55408
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$1,025
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Jan 29Uptown Plaza
2300 Pleasant AveMinneapolis, MN 55404
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$1,028 - $1,379
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowThe Central
3503 2nd Ave SMinneapolis, MN 55408
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$1,029 - $1,129
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,015 - $1,115
Required Monthly Fees
$14
Total Monthly Price
$1,029 - $1,129
Colfax Manor
3401 Colfax Ave SMinneapolis, MN 55408
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Rent Specials
$1,029
Plus Fees
1 Bedroom Apartments Available NowRobinwood Apartments
3848-3854 W Broadway AveMinneapolis, MN 55422
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$1,029
Plus Fees
1 Bedroom Apartments Available Now2715 dupont ave S.
2715 Dupont Ave SMinneapolis, MN 55408
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$1,030
Plus Fees
1 Bedroom Apartments Available Feb 51400-1408 Spruce Pl – Oak Grove Downtown
1400-1408 Spruce PlMinneapolis, MN 55403
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Rent Specials
$1,034 - $2,037
Total Monthly Price
Studio to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,017 - $2,020
Required Monthly Fees
$17
Total Monthly Price
$1,034 - $2,037
Oaks Hiawatha Station
4540 Snelling AveMinneapolis, MN 55406
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$1,043 - $3,274
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,035 - $3,266
Required Monthly Fees
$8
Total Monthly Price
$1,043 - $3,274
Satori
835 W Broadway AveMinneapolis, MN 55411
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$1,045 - $4,815
Plus Fees
Studio to 2 Bedroom Apartments Available NowArtistry on 10th
95 S 10th StMinneapolis, MN 55403
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$1,049 - $1,857
Plus Fees
Studio to 2 Bedroom Apartments Available NowSouthsider
3029 22nd AveMinneapolis, MN 55407
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Rent Specials
$1,050 - $1,950
Plus Fees
Studio to 2 Bedroom Apartments Available NowMinneapolis Grand Apartments
2401 Chicago AveMinneapolis, MN 55404
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Rent Specials
$1,050 - $1,610
Plus Fees12 Month Lease Term
Studio to 4 Bedroom Apartments Available NowTimber & Tie
900 14th Ave NEMinneapolis, MN 55413
Minneapolis's Best Affordable Neighborhoods
Learn about Minneapolis, MN and the best places to live with original content written by our Minneapolis Local Expert Stephanie Lica
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$1,050 - $2,035
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,050 - $2,035
Total Monthly Price
$1,050 - $2,035
Everlake Apartments
2615 E 29th StMinneapolis, MN 55406
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$1,063 - $1,223
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,059 - $1,219
Required Monthly Fees
$4
Total Monthly Price
$1,063 - $1,223
214 Place Apartments
214 W 15th StMinneapolis, MN 55403
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$1,069 - $2,439
Plus Fees
Studio to 2 Bedroom Apartments Available NowReNew Minnehaha
6045 Lyndale AveMinneapolis, MN 55419
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$1,071 - $1,739
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,067 - $1,735
Required Monthly Fees
$4
Total Monthly Price
$1,071 - $1,739
Flats at Malcolm Yards
505 SE Malcolm AveMinneapolis, MN 55414
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$1,080 - $1,120
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$925 - $965
Required Monthly Fees
$155
Total Monthly Price
$1,080 - $1,120
3508 Colfax Ave S
3508 Colfax Ave SMinneapolis, MN 55408
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Rent Specials
$1,081 - $1,415
Plus Fees
Studio to 1 Bedroom Apartments Available NowRivergate Apartments
115 2nd Ave SMinneapolis, MN 55401
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Rent Specials
$1,093 - $3,858
Plus Fees
Studio to 2 Bedroom Apartments Available NowAxon Green
3140 Chowen Ave SMinneapolis, MN 55416
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$1,095 - $1,745
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,040 - $1,690
Required Monthly Fees
$55
Total Monthly Price
$1,095 - $1,745
Wakpada Apartments
4603 Minnehaha AveMinneapolis, MN 55406
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$1,095 - $1,450
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Feb 12100 Aldrich
2100 Aldrich Ave SMinneapolis, MN 55405
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$1,099 - $1,449
Plus Fees
Studio to 1 Bedroom Apartments Available NowMoDI Apartments
2015 Lyndale AveMinneapolis, MN 55405
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$1,099 - $1,399
Plus Fees
Studio to 1 Bedroom Apartments Available NowTree Tops Apartments
3535 S Bryant AveMinneapolis, MN 55408
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Rent Specials
$1,099 - $1,705
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowColony Apartment Homes
1740 1/2 W 76th StMinneapolis, MN 55423
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$1,099 - $1,620
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowCityLine Apartments
3815 Hiawatha AveMinneapolis, MN 55406
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Rent Specials
$1,100 - $2,500
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowLaurel Village
1254 Hennepin Ave NMinneapolis, MN 55403
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$1,102 - $1,117
Total Monthly Price
1 Bedroom Apartments Available Feb 1Total Monthly Price
Base Rent
$1,085 - $1,100
Required Monthly Fees
$17
Total Monthly Price
$1,102 - $1,117
Pillsbury Flats
2508-2520 Pillsbury Ave SMinneapolis, MN 55404
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$1,112 - $1,620
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,057 - $1,565
Required Monthly Fees
$55
Total Monthly Price
$1,112 - $1,620
Alexander Apartments
3224-3236 Girard AveMinneapolis, MN 55408
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$1,116
Total Monthly Price
1 Bedroom Apartments Available Mar 1Total Monthly Price
Base Rent
$1,100
Required Monthly Fees
$16
Total Monthly Price
$1,116
Riverside Flats
940 Franklin TerMinneapolis, MN 55406
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Rent Specials
$1,125
Plus Fees
Studio Apartments Available Apr 6MOD42 Apartments
4200 S 32nd AveMinneapolis, MN 55406
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Rent Specials
$1,125 - $1,995
Plus Fees
Studio to 2 Bedroom Apartments Available NowStation 38 Apartments
3725 29th Ave SMinneapolis, MN 55406
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Rent Specials
$1,125 - $4,180
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Whit
2201 Blaisdell AveMinneapolis, MN 55404
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 | $1,311 | $640 | $2,599 |
| Minneapolis 1 Bedroom Apartments | $1,572 | $500 | $8,089 |
| Minneapolis 2 Bedroom Apartments | $2,120 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,310 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,069 | $535 | $7,953 |
| Minneapolis 5 Bedroom Apartments | $3,244 | $2,000 | $3,795 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Minneapolis, MN Area Reviews
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Write a ReviewStephanie • 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 $718.
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 $2,625.
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 15,001 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 $392 which is $2,233 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
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.
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.
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.
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
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.