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Rent Specials
$1,244 - $2,730
Plus Fees12 Month Lease Term
Built in 2018Studio to 3 Bedroom Apartments Available NowHQ Apartments
816 Portland Ave SMinneapolis, MN 55404
Cheap New Apartments for Rent in Minneapolis, MN from $400 (250 Rentals) Page 2 of 5
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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Rent Specials
$1,245 - $2,545
Total Monthly Price
Built in 2022Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $2,495
Required Monthly Fees
$50
Total Monthly Price
$1,245 - $2,545
Rosa Apartments | MPLS
4201 Nicollet AveMinneapolis, MN 55409
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Rent Specials
$1,258 - $3,943
Plus Fees
Built in 2024Studio to 4 Bedroom Apartments Available NowGroove Lofts
608 2nd Ave SMinneapolis, MN 55402
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Rent Specials
$1,272 - $2,781
Total Monthly Price
Built in 2022Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,092 - $2,601
Required Monthly Fees
$180
Total Monthly Price
$1,272 - $2,781
Hencen
455 Central Ave SEMinneapolis, MN 55414
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Rent Specials
$1,275
Plus Fees
Built in 20191 Bedroom Apartments Contact Us For AvailabilityMoDI Apartments
2015 Lyndale AveMinneapolis, MN 55405
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$1,275 - $1,530
Total Monthly Price
Built in 2022Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,220 - $1,475
Required Monthly Fees
$55
Total Monthly Price
$1,275 - $1,530
Wakpada Apartments
4603 Minnehaha AveMinneapolis, MN 55406
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Rent Specials
$1,275 - $1,890
Total Monthly Price
Built in 2021Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,275 - $1,890
Total Monthly Price
$1,275 - $1,890
Lago Apartments
500 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,284 - $2,210
Total Monthly Price
Built in 2020Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,274 - $2,200
Required Monthly Fees
$10
Total Monthly Price
$1,284 - $2,210
Oaks Minnehaha Longfellow
5329 48th Ave SMinneapolis, MN 55417
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Rent Specials
$1,292 - $2,762
Plus Fees
Built in 2018Studio to 2 Bedroom Apartments Available NowEast End
240 Chicago AveMinneapolis, MN 55415
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$1,294 - $7,418
Total Monthly Price
Built in 2017Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,286 - $7,410
Required Monthly Fees
$8
Total Monthly Price
$1,294 - $7,418
Variant
315 N 7th AveMinneapolis, MN 55401
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.
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Rent Specials
$1,295 - $1,573
Total Monthly Price
Built in 2021Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,240 - $1,518
Required Monthly Fees
$55
Total Monthly Price
$1,295 - $1,573
Lumos Apartments
2826 Girard Ave SMinneapolis, MN 55408
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Rent Specials
$1,298 - $1,875
Plus Fees
Built in 2018Studio to 3 Bedroom Apartments Available NowLyndy Apartments
2905 Harriet Ave SMinneapolis, MN 55408
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$1,300 - $1,675
Total Monthly Price
Built in 2020Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,245 - $1,620
Required Monthly Fees
$55
Total Monthly Price
$1,300 - $1,675
Kolo Apartments
3616 Bryant Ave SouthMinneapolis, MN 55409
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$1,300 - $2,465
Total Monthly Price12 Month Lease Term
Built in 2020Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,300 - $2,465
Total Monthly Price
$1,300 - $2,465
Huxley Apartments
657 22nd Ave NEMinneapolis, MN 55418
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$1,300 - $2,302
Total Monthly Price
Built in 2020Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,300 - $2,302
Total Monthly Price
$1,300 - $2,302
Sora
600 S 5th AveMinneapolis, MN 55415
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Rent Specials
$1,305 - $5,570
Plus Fees
Built in 2021Studio to 3 Bedroom Apartments Available NowViridium Apartments
721 N Third StMinneapolis, MN 55401
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Rent Specials
$1,321 - $2,276
Plus Fees
Built in 2023Studio to 2 Bedroom Apartments Available NowThe Station at Malcolm Yards
485 Malcolm Ave SEMinneapolis, MN 55414
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$1,339 - $2,215
Total Monthly Price
Built in 2018Studio to 2 Bedroom Apartments Available Nov 10Total Monthly Price
Base Rent
$1,239 - $2,115
Required Monthly Fees
$100
Total Monthly Price
$1,339 - $2,215
Arrive Loring Park
18 W 15th StMinneapolis, MN 55403
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Rent Specials
$1,345 - $1,925
Plus Fees
Built in 2017Studio to 2 Bedroom Apartments Available Now3828 Apartments
3806 28th AveMinneapolis, MN 55406
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$1,348 - $1,827
Plus Fees12 Month Lease Term
Built in 20151 to 2 Bedroom Apartments Available NowFive15 on the Park
515 15th Ave SMinneapolis, MN 55454
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
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Rent Specials
$1,350 - $2,050
Plus Fees
Built in 20221 to 2 Bedroom Apartments Available Now3725 Stinson
3725 Stinson BlvdMinneapolis, MN 55421
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Rent Specials
$1,353 - $12,862
Total Monthly Price
Built in 2018Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,345 - $12,854
Required Monthly Fees
$8
Total Monthly Price
$1,353 - $12,862
365 Nicollet
365 Nicollet MallMinneapolis, MN 55401
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Rent Specials
$1,359 - $1,950
Plus Fees12 Month Lease Term
Built in 20181 to 3 Bedroom Apartments Available NowThe Arrow Apartments
117 27th Ave SEMinneapolis, MN 55414
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$1,360 - $2,744
Total Monthly Price
Built in 2023Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,295 - $2,679
Required Monthly Fees
$65
Total Monthly Price
$1,360 - $2,744
Akin Apartments
3536 Nicollet AveMinneapolis, MN 55408
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Rent Specials
$1,361 - $4,706
Plus Fees
Built in 20191 to 2 Bedroom Apartments Available NowLowa46
4621 Snelling AveMinneapolis, MN 55406
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$1,366 - $2,712
Plus Fees
Built in 2019Studio to 3 Bedroom Apartments Available Now1500 Nicollet
1500 Nicollet Ave SMinneapolis, MN 55403
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$1,379 - $2,749
Total Monthly Price
Built in 20171 to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,375 - $2,745
Required Monthly Fees
$4
Total Monthly Price
$1,379 - $2,749
Spectrum Apartments & Townhomes
815 9th Ave SEMinneapolis, MN 55414
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Rent Specials
$1,379 - $1,543
Total Monthly Price
Built in 2023Studio to 2 Bedroom Apartments Available Nov 11Total Monthly Price
Base Rent
$1,364 - $1,528
Required Monthly Fees
$15
Total Monthly Price
$1,379 - $1,543
Arris Blaine
9460 Ulysses St NEMinneapolis, MN 55434
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$1,389 - $3,307
Plus Fees
Built in 2019Studio to 2 Bedroom Apartments Available Nov 11Green on 4th
2949 SE 4th StMinneapolis, MN 55414
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Rent Specials
$1,390 - $4,098
Plus Fees
Built in 20231 to 2 Bedroom Apartments Available NowBeck46
4020 Nawadaha BlvdMinneapolis, MN 55406
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Rent Specials
$1,390 - $4,695
Plus Fees
Built in 2024Studio to 3 Bedroom Apartments Available NowThe Hall Lofts
608 N 3rd StMinneapolis, MN 55403
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Rent Specials
$1,400 - $2,150
Plus Fees
Built in 20241 to 2 Bedroom Apartments Available NowThe Pearl Apartments
5405 Chicago AveMinneapolis, MN 55417
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Rent Specials
$1,402 - $3,070
Total Monthly Price
Built in 2018Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,227 - $2,895
Required Monthly Fees
$175
Total Monthly Price
$1,402 - $3,070
The Julia
80 Broadway St NEMinneapolis, MN 55413
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Rent Specials
$1,405 - $3,295
Plus Fees
Built in 2023Studio to 2 Bedroom Apartments Available NowThe Gateway at West Lake Quarter
3430 List PlMinneapolis, MN 55416
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Rent Specials
$1,408 - $3,327
Total Monthly Price
Built in 2023Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,393 - $3,312
Required Monthly Fees
$15
Total Monthly Price
$1,408 - $3,327
The Laker
2500 2nd St NEMinneapolis, MN 55418
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Rent Specials
$1,410 - $2,642
Total Monthly Price
Built in 20201 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,405 - $2,637
Required Monthly Fees
$5
Total Monthly Price
$1,410 - $2,642
SECOND AND SECOND
120 2nd St NMinneapolis, MN 55401
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$1,412 - $4,517
Total Monthly Price
Built in 2021Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,395 - $4,500
Required Monthly Fees
$17
Total Monthly Price
$1,412 - $4,517
MAX
150 26th Ave SEMinneapolis, MN 55414
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$1,415 - $1,515
Total Monthly Price12 Month Lease Term
Built in 20161 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,395 - $1,495
Required Monthly Fees
$20
Total Monthly Price
$1,415 - $1,515
Motiv Apartments
1006 W 24th StMinneapolis, MN 55405
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Rent Specials
$1,426 - $3,370
Total Monthly Price
Built in 2021Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,251 - $3,195
Required Monthly Fees
$175
Total Monthly Price
$1,426 - $3,370
Frances
1030 NE Main StMinneapolis, MN 55413
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Rent Specials
$1,431 - $3,556
Total Monthly Price
Built in 2023Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,350 - $3,475
Required Monthly Fees
$81
Total Monthly Price
$1,431 - $3,556
The Bohen Apartments
2851 Hennepin AveMinneapolis, MN 55408
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Rent Specials
$1,444 - $3,068
Plus Fees
Built in 20241 to 2 Bedroom Apartments Available NowIntersect
310 N 2nd StMinneapolis, MN 55401
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Rent Specials
$1,444 - $2,094
Total Monthly Price
Built in 2023Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,295 - $1,945
Required Monthly Fees
$149
Total Monthly Price
$1,444 - $2,094
Fuller Park Flats
4738 Grand Ave SMinneapolis, MN 55419
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Rent Specials
$1,445 - $7,124
Plus Fees
Built in 2024Studio to 3 Bedroom Apartments Available Now4th and Park
700 S 4th StMinneapolis, MN 55415
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Rent Specials
$1,447 - $4,650
Total Monthly Price
Built in 2022Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,397 - $4,600
Required Monthly Fees
$50
Total Monthly Price
$1,447 - $4,650
Moment
650 Portland Ave SMinneapolis, MN 55415
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Rent Specials
$1,448 - $3,292
Total Monthly Price
Built in 2016Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,350 - $3,194
Required Monthly Fees
$98
Total Monthly Price
$1,448 - $3,292
Boutique 28
2817 Girard Ave SMinneapolis, MN 55408
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$1,450 - $1,947
Total Monthly Price12 Month Lease Term
Built in 20241 to 3 Bedroom Apartments Available Dec 1Total Monthly Price
Base Rent
$1,445 - $1,942
Required Monthly Fees
$5
Total Monthly Price
$1,450 - $1,947
Canvas Apartments
2301 NE California StMinneapolis, MN 55418
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$1,450 - $1,550
Plus Fees1 Month Lease Term
Built in 2018Studio Apartments Available Dec 22Aberdeen Apartments
500 E 14th StMinneapolis, MN 55404
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Rent Specials
$1,460 - $4,385
Plus Fees
Built in 20161 to 2 Bedroom Apartments Available NowThe Palmer
600 N 5th StMinneapolis, MN 55401
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Rent Specials
$1,470 - $3,400
Total Monthly Price
Built in 2017Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,445 - $3,375
Required Monthly Fees
$25
Total Monthly Price
$1,470 - $3,400
Foundry Lake Street
3118 West Lake StMinneapolis, MN 55416
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$1,471 - $3,560
Total Monthly Price
Built in 20201 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,471 - $3,560
Total Monthly Price
$1,471 - $3,560
N&E
107 13th Ave NEMinneapolis, MN 55413
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 | $1,283 | $640 | $4,545 |
| Minneapolis 1 Bedroom Apartments | $1,550 | $500 | $6,500 |
| Minneapolis 2 Bedroom Apartments | $2,179 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,382 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $1,880 | $499 | $5,341 |
| Minneapolis 5 Bedroom Apartments | $3,530 | $2,200 | $4,095 |
| Minneapolis 6 Bedroom Apartments | $3,714 | $850 | $4,795 |
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
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $695.
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 $2,659.
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 14,763 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 $440 which is $2,219 cheaper than the average rent for all rentals in Minneapolis.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.