Cheap Gated Apartments for Rent in Minneapolis, MN from $400 (505 Rentals) Page 4 of 11

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

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Lago Apartments
Rent Specials
$1,279 - $1,894
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $1,890
Required Monthly Fees
$4

Total Monthly Price
$1,279 - $1,894
Studio to 2 Bedroom Apartments Available Now

Lago Apartments

500 W Lake StMinneapolis, MN 55408
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Oaks Minnehaha Longfellow
Rent Specials
$1,297 - $2,210
Total Monthly Price

Total Monthly Price

Base Rent
$1,287 - $2,200
Required Monthly Fees
$10

Total Monthly Price
$1,297 - $2,210
Studio to 2 Bedroom Apartments Available Now

Oaks Minnehaha Longfellow

5329 48th Ave SMinneapolis, MN 55417
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Spectrum Apartments & Townhomes
$1,299 - $2,979
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $2,975
Required Monthly Fees
$4

Total Monthly Price
$1,299 - $2,979
Studio to 4 Bedroom Apartments Available Now

Spectrum Apartments & Townhomes

815 9th Ave SEMinneapolis, MN 55414
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29 Bryant Apartments
Rent Specials
$1,300 - $2,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,245 - $2,245
Required Monthly Fees
$55

Total Monthly Price
$1,300 - $2,300
Studio to 2 Bedroom Apartments Available Now

29 Bryant Apartments

2934 Bryant Ave SMinneapolis, MN 55408
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Mill City Quarter
Rent Specials
$1,303 - $1,454
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,299 - $1,450
Required Monthly Fees
$4

Total Monthly Price
$1,303 - $1,454
1 to 2 Bedroom Apartments Available Now

Mill City Quarter

300 S 2nd StMinneapolis, MN 55401
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MPA / Marcy Park Apartments
Rent Specials
$1,304 - $2,503
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $2,499
Required Monthly Fees
$4

Total Monthly Price
$1,304 - $2,503
1 to 4 Bedroom Apartments Available Now

MPA / Marcy Park Apartments

1015 8th StMinneapolis, MN 55414
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Parkway West Apartments
$1,315
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295
Required Monthly Fees
$20

Total Monthly Price
$1,315
1 Bedroom Apartments Available Now

Parkway West Apartments

4556 S 46th AveMinneapolis, MN 55406
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HQ Apartments
Rent Specials
$1,331 - $3,180
Total Monthly Price

Total Monthly Price

Base Rent
$1,281 - $3,130
Required Monthly Fees
$50

Total Monthly Price
$1,331 - $3,180
Studio to 3 Bedroom Apartments Available Now

HQ Apartments

816 Portland Ave SMinneapolis, MN 55404
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The Station at Malcolm Yards
Rent Specials
$1,336 - $2,276
Total Monthly Price

Total Monthly Price

Base Rent
$1,336 - $2,276

Total Monthly Price
$1,336 - $2,276
Studio to 2 Bedroom Apartments Available Now

The Station at Malcolm Yards

485 Malcolm Ave SEMinneapolis, MN 55414
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The Laker
Rent Specials
$1,344 - $3,301
Total Monthly Price

Total Monthly Price

Base Rent
$1,329 - $3,286
Required Monthly Fees
$15

Total Monthly Price
$1,344 - $3,301
Studio to 3 Bedroom Apartments Available Now

The Laker

2500 2nd St NEMinneapolis, MN 55418
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Lumos Apartments
Rent Specials
$1,347 - $1,585
Total Monthly Price

Total Monthly Price

Base Rent
$1,292 - $1,530
Required Monthly Fees
$55

Total Monthly Price
$1,347 - $1,585
Studio to 2 Bedroom Apartments Available Now

Lumos Apartments

2826 Girard Ave SMinneapolis, MN 55408
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Red 20 Apartments
$1,349 - $2,604
Total Monthly Price

Total Monthly Price

Base Rent
$1,346 - $2,601
Required Monthly Fees
$3

Total Monthly Price
$1,349 - $2,604
Studio to 3 Bedroom Apartments Available Now

Red 20 Apartments

20 6th St NEMinneapolis, MN 55413
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Gopher Commons 1701
Rent Specials
$1,349 - $1,599
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,249 - $1,499
Required Monthly Fees
$100

Total Monthly Price
$1,349 - $1,599
2 Bedroom Apartments Available Now

Gopher Commons 1701

1701-1725 Elm St SEMinneapolis, MN 55414
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Revel
Rent Specials
$1,374 - $3,877
Total Monthly Price

Total Monthly Price

Base Rent
$1,211 - $3,714
Required Monthly Fees
$163

Total Monthly Price
$1,374 - $3,877
Studio to 2 Bedroom Apartments Available Now

Revel

1300 W Lake StMinneapolis, MN 55408
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Kenwood Gables
Rent Specials
$1,375 - $2,990
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $2,990

Total Monthly Price
$1,375 - $2,990
Studio to 2 Bedroom Apartments Available Now

Kenwood Gables

700 Douglas AveMinneapolis, MN 55403
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Fulton Terrace
$1,375 - $1,430
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295 - $1,350
Required Monthly Fees
$80

Total Monthly Price
$1,375 - $1,430
1 Bedroom Apartments Available Mar 1

Fulton Terrace

2915 W 50th StMinneapolis, MN 55410
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Variant
$1,379 - $6,372
Total Monthly Price

Total Monthly Price

Base Rent
$1,371 - $6,364
Required Monthly Fees
$8

Total Monthly Price
$1,379 - $6,372
Studio to 2 Bedroom Apartments Available Now

Variant

315 N 7th AveMinneapolis, MN 55401
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The Julia
Rent Specials
$1,385 - $3,070
Total Monthly Price

Total Monthly Price

Base Rent
$1,210 - $2,895
Required Monthly Fees
$175

Total Monthly Price
$1,385 - $3,070
Studio to 2 Bedroom Apartments Available Now

The Julia

80 Broadway St NEMinneapolis, MN 55413
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Hencen
Rent Specials
$1,397 - $2,686
Total Monthly Price

Total Monthly Price

Base Rent
$1,217 - $2,506
Required Monthly Fees
$180

Total Monthly Price
$1,397 - $2,686
Studio to 2 Bedroom Apartments Available Now

Hencen

455 Central Ave SEMinneapolis, MN 55414
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Diamond Pointe Apartments
$1,410
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350
Required Monthly Fees
$60

Total Monthly Price
$1,410
2 Bedroom Apartments Available Feb 16

Diamond Pointe Apartments

6106-6116 Lyndale Ave SMinneapolis, MN 55419
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Minneapolis, MN Area Reviews

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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 $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

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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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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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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.

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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.

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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.

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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.