close
View Me
Rent Specials
$1,000 - $1,374
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowCedar Glen
9100 Old Cedar Ave SBloomington, MN 55425
Cheap Low Income Apartments for Rent in Minneapolis, MN from $300 (75 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Minneapolis.
close
View Me
$1,030
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityParkway Flats
931-945 St Paul AveSt. Paul, MN 55116
close
View Me
$1,030
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityHighland Lane Apartments
907-919 St Paul AveSt. Paul, MN 55116
close
View Me
$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
Varies
Winton House Apartments
7500-7544 Cedar Ave SRichfield, MN 55423
close
View Me
$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
close
View Me
$1,113 - $1,464
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,098 - $1,449
Required Monthly Fees
$15
Total Monthly Price
$1,113 - $1,464
Blooming Meadows South
1930 E 86th StBloomington, MN 55425
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
close
View Me
$1,120 - $1,455
Plus Fees
1 to 2 Bedroom Apartments Available NowSeasons Park
951 E 77th StRichfield, MN 55423
close
View Me
Rent Specials
$1,121 - $1,590
Plus Fees
1 to 2 Bedroom Apartments Available Now55+ The Wellington of Saint Paul
2235 Rockwood AveSt. Paul, MN 55116
close
View Me
Rent Specials
$1,133 - $1,466
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowCentennial Commons
2829 Pascal StRoseville, MN 55113
close
View Me
$1,181 - $1,285
Plus Fees
1 Bedroom Apartments Available NowNoma One
5805 73rd Ave NBrooklyn Park, MN 55429
close
View Me
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
close
View Me
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
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.
close
View Me
$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
close
View Me
$1,277 - $1,836
Plus Fees
2 Bedroom Apartments Available NowBlooming Meadows North
1926 E 86th StBloomington, MN 55425
close
View Me
Rent Specials
$1,290 - $2,359
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Apr 30Minnetonka Hills Apartments
2828-2875 Jordan AveMinnetonka, MN 55305
close
View Me
$1,300
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available Jun 1Metropolitan Towers
2324 E Old Shakopee RdBloomington, MN 55425
close
View Me
$1,305 - $1,608
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTwelve22
1222 University Ave WSt. Paul, MN 55104
close
View Me
Rent Specials
$1,325 - $1,987
Plus Fees
1 to 3 Bedroom Apartments Available NowOaks Landing 55+ Apartments
700 NW 7th StNew Brighton, MN 55112
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.
close
View Me
Rent Specials
$1,386 - $1,958
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowGrand Central Flats
4729 Grand Ave NEColumbia Heights, MN 55421
close
View Me
$1,392 - $1,538
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Legends at Berry 62+ Apartments
777 Berry StSt. Paul, MN 55114
close
View Me
$1,400 - $1,698
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowHarbor at Twin Lakes 55+ Apartments
2730 N Herschel St WRoseville, MN 55113
close
View Me
$1,412 - $1,951
Plus Fees
1 to 3 Bedroom Apartments Available NowSonder House
5801 N Xerxes AveBrooklyn Center, MN 55430
close
View Me
$1,428 - $1,706
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Legends at Silver Lake
2500 38th Ave NESt. Anthony, MN 55421
close
View Me
$1,439 - $1,694
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Legends of Columbia Heights 55+ Living
3700 Huset PkyColumbia Heights, MN 55421
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
close
View Me
Rent Specials
$1,450 - $1,505
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,395 - $1,450
Required Monthly Fees
$55
Total Monthly Price
$1,450 - $1,505
Richland Court Apartments
1300-1328 E 78th StRichfield, MN 55423
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 | $1,312 | $640 | $2,843 |
| Minneapolis 1 Bedroom Apartments | $1,599 | $500 | $8,819 |
| Minneapolis 2 Bedroom Apartments | $2,191 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,630 | $729 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $1,920 | $639 | $7,824 |
| Minneapolis 5 Bedroom Apartments | $2,990 | $2,029 | $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
Let everyone know!
Do you know the Minneapolis area?
If you’re an expert on all things Minneapolis, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Minneapolis, MN Area Reviews
Do you know the Minneapolis area?
Let everyone know!
Write a ReviewStephanie • 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 $745.
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 $2,803.
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 13,254 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 $410 which is $2,393 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.