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$1,295 - $2,495
Plus Fees12 Month Lease Term
Built in 20231 Bedroom Apartments Available Jul 291000 Main
1000 Main St NEMinneapolis, MN 55413
Cheap New Apartments for Rent in Minneapolis, MN from $300 (225 Rentals) Page 2 of 5
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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Rent Specials
$1,299 - $2,464
Plus Fees
Built in 2018Studio to 3 Bedroom Apartments Available Jul 14Lyndy Apartments
2905 Harriet Ave SMinneapolis, MN 55408
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Rent Specials
$1,300 - $3,036
Plus Fees
Built in 2018Studio to 2 Bedroom Apartments Available NowEast End
240 Chicago AveMinneapolis, MN 55415
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$1,309 - $11,885
Total Monthly Price
Built in 2017Studio to 2 Bedroom Apartments Available Jun 30Total Monthly Price
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$1,309 - $11,885
Total Monthly Price
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Variant
315 N 7th AveMinneapolis, MN 55401
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$1,316 - $3,116
Total Monthly Price
Built in 2023Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,235 - $3,035
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The Bohen Apartments
2851 Hennepin AveMinneapolis, MN 55408
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$1,317 - $4,833
Total Monthly Price
Built in 2024Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,299 - $4,815
Required Monthly Fees
$18
Total Monthly Price
$1,317 - $4,833
The Hall Lofts
608 N 3rd StMinneapolis, MN 55403
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$1,320 - $2,925
Plus Fees
Built in 2016Studio to 3 Bedroom Apartments Available NowBoutique 28
2817 Girard Ave SMinneapolis, MN 55408
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$1,320 - $1,755
Total Monthly Price
Built in 2022Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,305 - $1,740
Required Monthly Fees
$15
Total Monthly Price
$1,320 - $1,755
Wakpada Apartments
4603 Minnehaha AveMinneapolis, MN 55406
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Rent Specials
$1,325 - $2,275
Plus Fees
Built in 2022Studio to 2 Bedroom Apartments Available NowThe Abbey Apartments
47 Spruce PlMinneapolis, MN 55403
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$1,328
Plus Fees
Built in 20241 Bedroom Apartments Available Sep 8Ladder 260
260 Portland AveMinneapolis, MN 55415
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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$1,330 - $2,455
Total Monthly Price
Built in 2023Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,330 - $2,455
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The Station at Malcolm Yards
485 Malcolm Ave SEMinneapolis, MN 55414
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$1,330 - $2,699
Total Monthly Price12 Month Lease Term
Built in 2020Studio to 2 Bedroom Apartments Available Jul 7Total Monthly Price
Base Rent
$1,330 - $2,699
Total Monthly Price
$1,330 - $2,699
Huxley Apartments
657 22nd Ave NEMinneapolis, MN 55418
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$1,332 - $2,601
Total Monthly Price
Built in 2022Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,152 - $2,421
Required Monthly Fees
$180
Total Monthly Price
$1,332 - $2,601
Hencen
455 Central Ave SEMinneapolis, MN 55414
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$1,352 - $3,309
Total Monthly Price
Built in 2023Studio to 3 Bedroom Apartments Available Jul 2Total Monthly Price
Base Rent
$1,329 - $3,286
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The Laker
2500 2nd St NEMinneapolis, MN 55418
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$1,355 - $2,555
Plus Fees
Built in 2020Studio to 2 Bedroom Apartments Available NowSerene Apartments
829 NE Marshall StMinneapolis, MN 55413
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Rent Specials
$1,360 - $2,175
Plus Fees
Built in 2022Studio to 2 Bedroom Apartments Available NowDeco 265
265 Girard Ave NMinneapolis, MN 55405
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Rent Specials
$1,365 - $1,865
Plus Fees
Built in 20161 to 2 Bedroom Apartments Available NowThe Palmer
600 N 5th StMinneapolis, MN 55401
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Rent Specials
$1,370 - $4,975
Plus Fees
Built in 20231 to 2 Bedroom Apartments Available NowBeck46
4020 Nawadaha BlvdMinneapolis, MN 55406
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$1,373 - $2,646
Total Monthly Price
Built in 2021Studio to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,322 - $2,595
Required Monthly Fees
$51
Total Monthly Price
$1,373 - $2,646
Sawyer Apartments
338 2nd St NEMinneapolis, MN 55413
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$1,377 - $2,317
Total Monthly Price
Built in 2023Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,354 - $2,294
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Total Monthly Price
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Arris Blaine
9460 Ulysses St NEMinneapolis, MN 55434
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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$1,379 - $2,999
Total Monthly Price
Built in 20171 to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,375 - $2,995
Required Monthly Fees
$4
Total Monthly Price
$1,379 - $2,999
Spectrum Apartments & Townhomes
815 9th Ave SEMinneapolis, MN 55414
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$1,380 - $4,638
Total Monthly Price
Built in 2021Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,372 - $4,630
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Viridium Apartments
721 N Third StMinneapolis, MN 55401
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Rent Specials
$1,388 - $5,683
Total Monthly Price
Built in 2024Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,380 - $5,675
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4th and Park
700 S 4th StMinneapolis, MN 55415
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Rent Specials
$1,395 - $1,525
Total Monthly Price
Built in 2021Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,395 - $1,525
Total Monthly Price
$1,395 - $1,525
The Shale
4757 Hiawatha AveMinneapolis, MN 55406
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$1,399
Total Monthly Price12 Month Lease Term
Built in 20221 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,399
Total Monthly Price
$1,399
2909 Grand St NE, Unit 2
2909 Grand St NEMinneapolis, MN 55418
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$1,422 - $4,517
Total Monthly Price
Built in 2021Studio to 3 Bedroom Apartments Available SoonTotal Monthly Price
Base Rent
$1,405 - $4,500
Required Monthly Fees
$17
Total Monthly Price
$1,422 - $4,517
MAX
150 26th Ave SEMinneapolis, MN 55414
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$1,425 - $1,925
Plus Fees
Built in 20221 to 2 Bedroom Apartments Available Now3725 Stinson
3725 Stinson BlvdMinneapolis, MN 55421
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$1,432 - $18,347
Total Monthly Price
Built in 2021Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,361 - $18,276
Required Monthly Fees
$71
Total Monthly Price
$1,432 - $18,347
270 Hennepin
270 Hennepin AveMinneapolis, MN 55402
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$1,436 - $3,916
Total Monthly Price
Built in 2018Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,386 - $3,866
Required Monthly Fees
$50
Total Monthly Price
$1,436 - $3,916
HQ Apartments
816 Portland Ave SMinneapolis, MN 55404
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$1,437 - $2,499
Total Monthly Price
Built in 20262 to 3 Bedroom Apartments Available Aug 1Total Monthly Price
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$1,437 - $2,499
Total Monthly Price
Varies
Snelling Yards
3501 44th Ave SMinneapolis, MN 55406
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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$1,440 - $3,925
Total Monthly Price
Built in 20201 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,440 - $3,925
Total Monthly Price
$1,440 - $3,925
Sora
600 S 5th AveMinneapolis, MN 55415
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$1,445 - $1,895
Plus Fees
Built in 20221 to 2 Bedroom Apartments Available NowLaurel Apartments
3136 Minnehaha AveMinneapolis, MN 55406
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$1,445 - $2,053
Total Monthly Price
Built in 2016Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,437 - $2,045
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700 Central Lofts and Flats
700 NE Central AveMinneapolis, MN 55414
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$1,447 - $1,462
Total Monthly Price12 Month Lease Term
Built in 20161 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,443 - $1,458
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Mill City Quarter
300 S 2nd StMinneapolis, MN 55401
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$1,448 - $2,557
Total Monthly Price
Built in 2023Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,390 - $2,499
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Total Monthly Price
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Tyler Street Stacks
1180 Tyler St NEMinneapolis, MN 55413
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Rent Specials
$1,454 - $4,499
Plus Fees
Built in 2017Studio to 3 Bedroom Apartments Available NowFoundry Lake Street
3118 West Lake StMinneapolis, MN 55416
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Rent Specials
$1,458 - $3,158
Total Monthly Price
Built in 2021Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,450 - $3,150
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Gatsby Apartments
1400 Park AveMinneapolis, MN 55404
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$1,474 - $2,606
Total Monthly Price
Built in 20201 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,468 - $2,600
Required Monthly Fees
$6
Total Monthly Price
$1,474 - $2,606
N&E
107 13th Ave NEMinneapolis, MN 55413
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$1,478 - $2,943
Total Monthly Price
Built in 2023Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,470 - $2,935
Required Monthly Fees
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Total Monthly Price
Varies
The Gateway at West Lake Quarter
3430 List PlMinneapolis, MN 55416
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Rent Specials
$1,483 - $2,999
Plus Fees
Built in 2019Studio to 2 Bedroom Apartments Available NowGreen on 4th
2949 SE 4th StMinneapolis, MN 55414
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.
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$1,485 - $6,155
Plus Fees
Built in 2018Studio to 3 Bedroom Apartments Available NowTalo
5100 Wayzata BlvdMinneapolis, MN 55416
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Rent Specials
$1,496 - $4,141
Plus Fees
Built in 2022Studio to 2 Bedroom Apartments Available NowMoment
650 Portland Ave SMinneapolis, MN 55415
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$1,500 - $2,750
Plus Fees
Built in 20241 to 3 Bedroom Apartments Available Jul 15The Pearl Apartments
5405 Chicago AveMinneapolis, MN 55417
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Built in 20191 to 3 Bedroom Apartments
The Louis
3001 4th StMinneapolis, MN 55414
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Built in 20231 to 4 Bedroom Apartments
Peregrine
2035 W River RdMinneapolis, MN 55411
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Built in 2021Studio to 3 Bedroom Apartments
Northside Artspace Lofts
229 N Irving AveMinneapolis, MN 55405
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Built in 20251 to 4 Bedroom Apartments
Wadaag Commons
1900 E 22nd StMinneapolis, MN 55404
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Built in 2020Studio to 3 Bedroom Apartments
East Town Apartments
618 S 9th StMinneapolis, MN 55404
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Built in 2021Studio Apartments
2810 Park Ave
2810 Park Ave SMinneapolis, MN 55407
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Built in 20181 Bedroom Apartments
Casablanca
4711 Nicollet Ave SMinneapolis, MN 55419
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.
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 | $1,314 | $595 | $2,777 |
| Minneapolis 1 Bedroom Apartments | $1,645 | $500 | $5,989 |
| Minneapolis 2 Bedroom Apartments | $2,191 | $280 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,573 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,307 | $649 | $9,950 |
| Minneapolis 5 Bedroom Apartments | $3,479 | $2,100 | $8,776 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
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If you’re an expert on all things Minneapolis, tell us what you love (and don't) by rating it and writing a review.
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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 $752.
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 $3,313.
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 9,814 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 $411 which is $2,902 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
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.