Cheap Gated Apartments for Rent in Minneapolis, MN from $400 (499 Rentals) Page 4 of 10

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

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Fulton Terrace
$1,275
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195
Required Monthly Fees
$80

Total Monthly Price
$1,275
1 Bedroom Apartments Contact Us For Availability

Fulton Terrace

2915 W 50th StMinneapolis, MN 55410
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The Marshall
$1,275
Total Monthly Price

Total Monthly Price

Base Rent
$1,225
Required Monthly Fees
$50

Total Monthly Price
$1,275
1 Bedroom Apartments Available Now

The Marshall

1011 Marshall St NEMinneapolis, MN 55413
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Inspire
Rent Specials
$1,305 - $5,355
Plus Fees
Studio to 2 Bedroom Apartments Available Now

Inspire

2837 Emerson Ave SMinneapolis, MN 55408
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The Larking
Rent Specials
$1,317 - $12,061
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,259 - $12,003
Required Monthly Fees
$58

Total Monthly Price
$1,317 - $12,061
Studio to 3 Bedroom Apartments Available Now

The Larking

615 S 8th StMinneapolis, MN 55404
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Isles East
$1,345
Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Required Monthly Fees
$50

Total Monthly Price
$1,345
2 Bedroom Apartments Available Oct 1

Isles East

1101-1105 W 28th StMinneapolis, MN 55408
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The Bohen Apartments
Rent Specials
$1,346 - $3,727
Total Monthly Price

Total Monthly Price

Base Rent
$1,240 - $3,621
Required Monthly Fees
$106

Total Monthly Price
$1,346 - $3,727
Studio to 3 Bedroom Apartments Available Now

The Bohen Apartments

2851 Hennepin AveMinneapolis, MN 55408
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Beck46
Rent Specials
$1,414 - $4,240
Plus Fees
1 to 2 Bedroom Apartments Available Now

Beck46

4020 Nawadaha BlvdMinneapolis, MN 55406
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Rafter
Rent Specials
$1,426 - $9,333
Plus Fees
Studio to 3 Bedroom Apartments Available Now

Rafter

333 E Hennepin AveMinneapolis, MN 55414
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3530 18th Avenue
$1,430
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350
Required Monthly Fees
$80

Total Monthly Price
$1,430
2 Bedroom Apartments Available Oct 1

3530 18th Avenue

3530 18th Ave SMinneapolis, MN 55407
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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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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.