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$1,343 - $1,7061 to 2 Bedroom Apartments Available Now
Plus Fees12 Month Lease Term
The Legends at Silver Lake Village 55+ Apartments
2500 38th Ave NESt. Anthony, MN 55421
Cheap Low Income Apartments for Rent in Minneapolis, MN from $333 (57 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$1,380 - $1,634
Total Monthly Price
Base Rent$1,320 - $1,574
Required Monthly Fees$60
Total Monthly Price$1,380 - $1,634
The Legends at Berry 62+ Apartments
777 Berry StSt. Paul, MN 55114
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$1,394 - $1,980
Total Monthly Price
Base Rent$1,394 - $1,980
Total Monthly Price$1,394 - $1,980
Oaks Landing 55+ Apartments
700 NW 7th StNew Brighton, MN 55112
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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$1,412 - $1,9511 to 3 Bedroom Apartments Available Now
Plus Fees
Sonder House
5801 N Xerxes AveBrooklyn Center, MN 55430
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$1,431 - $2,036
Total Monthly Price
Base Rent$1,365 - $1,970
Required Monthly Fees$66
Total Monthly Price$1,431 - $2,036
Grand Central Flats
4729 Grand Ave NEColumbia Heights, MN 55421
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$1,439 - $1,967
Total Monthly Price
Base Rent$1,439 - $1,967
Total Monthly Price$1,439 - $1,967
The Legends of Columbia Heights 55+ Living
3700 Huset PkyColumbia Heights, MN 55421
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,450 - $1,505
Total 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
Showing Results 51-57, Page 2 of 2
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 | $1,324 | $635 | $2,312 |
| Minneapolis 1 Bedroom Apartments | $1,627 | $500 | $6,629 |
| Minneapolis 2 Bedroom Apartments | $2,187 | $280 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,564 | $437 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,563 | $649 | $7,410 |
| Minneapolis 5 Bedroom Apartments | $3,572 | $650 | $8,037 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Minneapolis, MN Area Reviews
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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 $695.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is Haverhill Apartments which is listed at $782, while the average apartment in Minneapolis costs $1,694.
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 10,666 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 $484 which is $1,210 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
Authentic Minneapolis: An Insider's 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.
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.
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.
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.
Articles, How-To's, and Tips
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.