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$624 - $1,927
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowShelby Commons
188 Glenwood AveMinneapolis, MN 55405
Cheap Low Income Pet Friendly Apartments for Rent in Minneapolis, MN from $400 (59 Rentals)
Pet Friendly Minneapolis Rentals.
Cheap Apartments in Minneapolis.
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$691 - $2,968
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Contact Us For AvailabilityPeregrine
2035 W River RdMinneapolis, MN 55411
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$742 - $752
Total Monthly Price
Studio Apartments Available May 20Total Monthly Price
Base Rent
$725 - $735
Required Monthly Fees
$17
Total Monthly Price
$742 - $752
Brentwood Apartments
117-127 W Grant StMinneapolis, MN 55403
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$849 - $899
Plus Fees
Studio Apartments Available NowSt. George Apartments
137 E 17th StMinneapolis, MN 55403
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$850 - $1,875
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowBlue Goose Cooperative
1819 5th St SMinneapolis, MN 55454
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$850 - $1,750
Plus Fees
1 to 3 Bedroom Apartments Available May 1Bossen Park Apartments
5717 31st Ave SMinneapolis, MN 55417
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$918 - $1,532
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowAutumn Ridge Apartments
8500-8516 63rd Ave NMinneapolis, MN 55428
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Rent Specials
$975 - $1,385
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowKings Manor Apartments
4309 Rhode Island AveMinneapolis, MN 55428
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$977 - $1,450
Plus Fees
Studio to 2 Bedroom Apartments Available NowCarrington Drive
6910 Humboldt Ave NMinneapolis, MN 55430
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Rent Specials
$1,020 - $1,280
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowSt Anthony Mills Apartments
720 Washington Ave SMinneapolis, MN 55415
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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Rent Specials
$1,044 - $1,249
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,040 - $1,245
Required Monthly Fees
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City Place Lofts
730 Hennepin AveMinneapolis, MN 55403
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$1,045 - $2,014
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowFive15 on the Park
515 15th Ave SMinneapolis, MN 55454
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Rent Specials
$1,050 - $1,715
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For AvailabilityHook and Ladder Apartments
640 24th Ave NEMinneapolis, MN 55418
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Rent Specials
$1,055 - $1,862
Total Monthly Price12 Month Lease Term
Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,050 - $1,857
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Total Monthly Price
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Timber & Tie
900 14th Ave NEMinneapolis, MN 55413
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$1,123 - $1,448
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,123 - $1,448
Total Monthly Price
Varies
Stone Arch II
520 2nd St SEMinneapolis, MN 55414
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Rent Specials
$1,125 - $1,346
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,125 - $1,346
Total Monthly Price
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The Redwell
1020 3rd St NMinneapolis, MN 55401
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$1,149 - $1,850
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowStone Arch I
601-701 Main St SEMinneapolis, MN 55414
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Rent Specials
$1,150
Plus Fees
Studio to 2 Bedroom Apartments Available NowB-Side
3027 22nd Ave SMinneapolis, MN 55407
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$1,200 - $1,450
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Apr 5North Creek
560 Humboldt Ave NMinneapolis, MN 55405
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Rent Specials
$1,203 - $1,438
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $1,434
Required Monthly Fees
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Total Monthly Price
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The Theodore Apartments 55+
2840 N Wayzata BlvdMinneapolis, MN 55405
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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Rent Specials
$1,205 - $1,739
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,201 - $1,735
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Total Monthly Price
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Flats at Malcolm Yards
505 SE Malcolm AveMinneapolis, MN 55414
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Rent Specials
$1,209 - $1,734
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,205 - $1,730
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Lake Street Dwelling
410-510 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,213 - $1,462
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,209 - $1,458
Required Monthly Fees
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Total Monthly Price
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Mill City Quarter
300 S 2nd StMinneapolis, MN 55401
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$1,248 - $1,417
Plus Fees
Studio to 1 Bedroom Apartments Available NowLadder 260
260 Portland AveMinneapolis, MN 55415
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$1,300 - $1,900
Plus Fees
1 to 2 Bedroom Apartments Available May 5Creamette Historic Lofts
432 1st St NMinneapolis, MN 55401
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$1,300 - $1,650
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityKarinsplass Apartments
2015 Riverside AveMinneapolis, MN 55454
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Rent Specials
$1,310 - $1,525
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,280 - $1,495
Required Monthly Fees
$30
Total Monthly Price
$1,310 - $1,525
City Limits Apartments
127 E 59th StMinneapolis, MN 55419
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Rent Specials
$1,321 - $1,753
Plus Fees
1 to 2 Bedroom Apartments Available NowBuzza Lofts of Uptown
1006 W Lake StMinneapolis, MN 55408
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$1,450 - $2,327
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available May 1Total Monthly Price
Base Rent
$1,445 - $2,322
Required Monthly Fees
$5
Total Monthly Price
$1,450 - $2,327
Canvas Apartments
2301 NE California StMinneapolis, MN 55418
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$1,505 - $3,263
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,305 - $3,063
Required Monthly Fees
$200
Total Monthly Price
$1,505 - $3,263
1500 Nicollet
1500 Nicollet Ave SMinneapolis, MN 55403
Navigating the World of Low-Income Housing
A Comprehensive Guide to Understanding Low Income Renting
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$626 - $1,088
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTreehouse
2319 Highland WaySt. Paul, MN 55116
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$875 - $1,353
Plus Fees
Studio to 2 Bedroom Apartments Available NowBass Lake Crossing
5601 Quebec Ave NNew Hope, MN 55428
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$955 - $1,210
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowSienna Green Apartments
2275 Snelling Ave NRoseville, MN 55113
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Rent Specials
$999 - $1,816
Total Monthly Price12 Month Lease Term
Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$999 - $1,816
Total Monthly Price
Varies
Amber Union
1667 Snelling Ave NSt. Paul, MN 55108
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$1,030
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityHighland Lane Apartments
907-919 St Paul AveSt. Paul, MN 55116
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$1,030
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityParkway Flats
931-945 St Paul AveSt. Paul, MN 55116
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$1,040 - $1,295
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,040 - $1,295
Total Monthly Price
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Winton House Apartments
7500-7544 Cedar Ave SRichfield, MN 55423
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$1,099 - $1,879
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowHampden Square Apts and Townhomes
2333 Long AveSt. Paul, MN 55114
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$1,113 - $1,700
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,098 - $1,685
Required Monthly Fees
$15
Total Monthly Price
$1,113 - $1,700
Blooming Meadows South
1930 E 86th StBloomington, MN 55425
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$1,120 - $1,455
Plus Fees
1 to 2 Bedroom Apartments Available NowSeasons Park
951 E 77th StRichfield, MN 55423
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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$1,121 - $1,590
Plus Fees
1 to 2 Bedroom Apartments Available Now55+ The Wellington of Saint Paul
2235 Rockwood AveSt. Paul, MN 55116
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$1,165 - $1,698
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowHarbor at Twin Lakes 55+ Apartments
2730 N Herschel St WRoseville, MN 55113
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Rent Specials
$1,187 - $1,717
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowThe Rosalyn | Affordable Senior 55+ Apartments in Bloomington - NOW OPEN!
700 American Blvd WBloomington, MN 55420
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Rent Specials
$1,195 - $1,870
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowNew Orleans Court Apartments and Townhomes
50 W 78th StRichfield, MN 55423
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$1,264 - $2,360
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowFalcon Heights Town Square Apartments
1550 Larpenteur Ave WFalcon Heights, MN 55113
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$1,277 - $1,836
Plus Fees
2 Bedroom Apartments Available NowBlooming Meadows North
1926 E 86th StBloomington, MN 55425
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Rent Specials
$1,290 - $1,780
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Apr 30Minnetonka Hills Apartments
2828-2875 Jordan AveMinnetonka, MN 55305
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Rent Specials
$1,299 - $1,374
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowCedar Glen
9100 Old Cedar Ave SBloomington, MN 55425
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$1,300
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available Jun 1Metropolitan Towers
2324 E Old Shakopee RdBloomington, MN 55425
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$1,305 - $1,608
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTwelve22
1222 University Ave WSt. Paul, MN 55104
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
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 | $1,313 | $640 | $2,840 |
| Minneapolis 1 Bedroom Apartments | $1,599 | $500 | $8,819 |
| Minneapolis 2 Bedroom Apartments | $2,192 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,639 | $729 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $1,917 | $639 | $7,824 |
| Minneapolis 5 Bedroom Apartments | $3,033 | $2,250 | $3,495 |
| Minneapolis 6 Bedroom Apartments | $3,303 | $2,600 | $4,650 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
Read ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleEnjoy 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.
Read ArticleQuick Rent Budget Calculator
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Minneapolis, MN Rentals by Map
See the most popular apartments and homes in Minneapolis, MN
Minneapolis, MN Area Reviews
Do you know the Minneapolis area?
Let everyone know!
Write a Review
Stephanie • 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 $750.
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 $2,773.
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 13,589 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 $403 which is $2,370 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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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.