Cheap Loft Style Apartments for Rent in Minneapolis, MN from $400 (27 Rentals)

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Loft Style Apartments in Minneapolis.

Cheap Apartments in Minneapolis.

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Mission Lofts
Rent Specials
$1,057 - $1,429
Total Monthly Price

Total Monthly Price

Base Rent
$998 - $1,370
Required Monthly Fees
$59

Total Monthly Price
$1,057 - $1,429
Studio to 1 Bedroom Apartments Available Now

Mission Lofts

1219 W 31st StMinneapolis, MN 55408
Transit Friendly
  • Verified
  • Utilities Included
  • 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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Uptown Lake Apartments
Rent Specials
$1,236 - $4,101
Total Monthly Price

Total Monthly Price

Base Rent
$1,228 - $4,093
Required Monthly Fees
$8

Total Monthly Price
$1,236 - $4,101
Studio to 2 Bedroom Apartments Available Now

Uptown Lake Apartments

1212 W Lake StMinneapolis, MN 55408
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
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Stone Arch I
Rent Specials
$1,243 - $1,739
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,199 - $1,695
Required Monthly Fees
$44

Total Monthly Price
$1,243 - $1,739
Studio to 2 Bedroom Apartments Available Now

Stone Arch I

601-701 Main St SEMinneapolis, MN 55414
Corporate Housing
  • Verified
  • Customer Reviewed
  • Low Income
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Flux Apartments
$1,250 - $2,715
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $2,695
Required Monthly Fees
$20

Total Monthly Price
$1,250 - $2,715
Studio to 2 Bedroom Apartments Available Now

Flux Apartments

2838 Fremont Ave SMinneapolis, MN 55408
Transit Friendly
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  • Customer Reviewed
  • 3D Tour

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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Revel
Rent Specials
$1,308 - $6,079
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $6,066
Required Monthly Fees
$13

Total Monthly Price
$1,308 - $6,079
Studio to 2 Bedroom Apartments Available Now

Revel

1300 W Lake StMinneapolis, MN 55408
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Boutique 28
Rent Specials
$1,448 - $3,292
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $3,194
Required Monthly Fees
$98

Total Monthly Price
$1,448 - $3,292
Studio to 3 Bedroom Apartments Available Now

Boutique 28

2817 Girard Ave SMinneapolis, MN 55408
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

What Exactly Is a Loft Style Apartment?

Apartments come in many varieties. Among these, the so-called ‘Loft Apartment’ usually features higher ceilings, and larger windows, and frequently includes industrial design elements.

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Hoigaard Village
Rent Specials
$1,482 - $3,202
Total Monthly Price

Total Monthly Price

Base Rent
$1,462 - $3,182
Required Monthly Fees
$20

Total Monthly Price
$1,482 - $3,202
Studio to 2 Bedroom Apartments Available Now

Hoigaard Village

5690 W 36th StSt. Louis Park, MN 55416
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

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ReNew West Bloomington
$1,485 - $3,775
Total Monthly Price

Total Monthly Price

Base Rent
$1,485 - $3,775

Total Monthly Price
$1,485 - $3,775
1 to 2 Bedroom Apartments Available Now

ReNew West Bloomington

9900 Briar RdBloomington, MN 55437
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  • Customer Reviewed
  • 3D Tour

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Minneapolis, MN

Ranked #1

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Minneapolis, MN Rentals by Map

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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

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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 $700.

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 $2,646.

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 13,985 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 $465 which is $2,181 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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.