Cheap Gated Apartments for Rent in Minneapolis, MN from $400 (499 Rentals) Page 2 of 10

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

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James Apartments | 2886
$980 - $990
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $985
Required Monthly Fees
$5

Total Monthly Price
$980 - $990
Studio Apartments Contact Us For Availability

James Apartments | 2886

2886 James Ave SMinneapolis, MN 55408
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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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Colfax Manor
Rent Specials
$1,020 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,015 - $1,145
Required Monthly Fees
$5

Total Monthly Price
$1,020 - $1,150
1 Bedroom Apartments Available Now

Colfax Manor

3401 Colfax Ave SMinneapolis, MN 55408
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Bryant Manor Apartments
Rent Specials
$1,020 - $1,420
Total Monthly Price

Total Monthly Price

Base Rent
$1,015 - $1,415
Required Monthly Fees
$5

Total Monthly Price
$1,020 - $1,420
1 to 2 Bedroom Apartments Available Now

Bryant Manor Apartments

3532 Bryant Ave SMinneapolis, MN 55408
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Uptown Lake Apartments
Rent Specials
$1,030 - $2,532
Total Monthly Price

Total Monthly Price

Base Rent
$1,022 - $2,524
Required Monthly Fees
$8

Total Monthly Price
$1,030 - $2,532
Studio to 2 Bedroom Apartments Available Now

Uptown Lake Apartments

1212 W Lake StMinneapolis, MN 55408
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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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Pillsbury Flats
$1,055 - $1,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $1,095
Required Monthly Fees
$5

Total Monthly Price
$1,055 - $1,100
1 Bedroom Apartments Contact Us For Availability

Pillsbury Flats

2508-2520 Pillsbury Ave SMinneapolis, MN 55404
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Quarry Place
$1,055 - $1,120
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $1,115
Required Monthly Fees
$5

Total Monthly Price
$1,055 - $1,120
1 Bedroom Apartments Available Now

Quarry Place

1830 Hayes St NEMinneapolis, MN 55418
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Laurel Village
Rent Specials
$1,065 - $2,300
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For Availability

Laurel Village

1254 Hennepin Ave NMinneapolis, MN 55403
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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

Minneapolis, MN Area Reviews

  • Parks
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  • Cost of Living
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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 $699.

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 $3,106.

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 13,164 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 $409 which is $2,697 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.

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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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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.

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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.

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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.