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$1,479 - $3,205
Plus Fees
Built in 2019Studio to 2 Bedroom Apartments Available Nov 11Green on 4th
2949 SE 4th StMinneapolis, MN 55414
Cheap New Apartments for Rent in Minneapolis, MN from $400 (253 Rentals) Page 3 of 6
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$1,481 - $1,792
Total Monthly Price
Built in 2023Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,426 - $1,737
Required Monthly Fees
$55
Total Monthly Price
$1,481 - $1,792
Huck Apartments
402 2nd St NEMinneapolis, MN 55413
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$1,486 - $3,560
Plus Fees
Built in 20201 to 2 Bedroom Apartments Available NowN&E
107 13th Ave NEMinneapolis, MN 55413
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Rent Specials
$1,490 - $3,068
Plus Fees
Built in 20241 to 2 Bedroom Apartments Available NowIntersect
310 N 2nd StMinneapolis, MN 55401
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$1,495 - $2,946
Plus Fees
Built in 2015Studio to 2 Bedroom Apartments Available NowThe Grand Mill District
313 Washington Ave SMinneapolis, MN 55415
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$1,500 - $1,700
Total Monthly Price
Built in 2020Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,445 - $1,645
Required Monthly Fees
$55
Total Monthly Price
$1,500 - $1,700
Odie Apartments
607 W 28th StMinneapolis, MN 55408
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Rent Specials
$1,550 - $7,995
Plus Fees
Built in 20201 to 3 Bedroom Apartments Available Now240 Park Avenue
240 Park AveMinneapolis, MN 55415
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Rent Specials
$1,559 - $1,689
Total Monthly Price12 Month Lease Term
Built in 20201 Bedroom Apartments Available Dec 1Total Monthly Price
Base Rent
$1,559 - $1,689
Total Monthly Price
$1,559 - $1,689
MN46 Apartments
4555 Minnehaha AveMinneapolis, MN 55406
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$1,566 - $3,363
Plus Fees
Built in 20191 to 2 Bedroom Apartments Available NowThe Vicinity
205 Park AveMinneapolis, MN 55415
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$1,575 - $1,695
Plus Fees
Built in 20201 Bedroom Apartments Available NowLinden Flats in Linden Hills
4418-4422 Beard AveMinneapolis, MN 55410
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$1,578 - $2,628
Total Monthly Price
Built in 2023Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,470 - $2,520
Required Monthly Fees
$108
Total Monthly Price
$1,578 - $2,628
Tyler Street Stacks
1180 Tyler St NEMinneapolis, MN 55413
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$1,580 - $3,805
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Built in 2021Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,405 - $3,630
Required Monthly Fees
$175
Total Monthly Price
$1,580 - $3,805
Lucille
1025 Main StMinneapolis, MN 55413
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$1,585 - $3,415
Plus Fees
Built in 20201 to 2 Bedroom Apartments Available NowLakeHaus
3100 W Lake StMinneapolis, MN 55416
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$1,587 - $19,298
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Built in 2021Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,503 - $19,214
Required Monthly Fees
$84
Total Monthly Price
$1,587 - $19,298
270 Hennepin
270 Hennepin AveMinneapolis, MN 55402
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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 2017Studio to 2 Bedroom Apartments
Apts on Essex - West
2618 Essex St SEMinneapolis, MN 55414
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Built in 2020Studio Apartments
SoPHI Apartments | Spacious Studios!
811 E Lake StMinneapolis, MN 55407
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Built in 2022Studio to 2 Bedroom Apartments
Sabathani Senior Housing
3701 3rd AveMinneapolis, MN 55409
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Built in 2020Studio to 2 Bedroom Apartments
Ox-Op Apartments
1111 S Washington AveMinneapolis, MN 55415
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Built in 2024Studio to 3 Bedroom Apartments
Ernestine Apartments
187 Humboldt Ave NMinneapolis, MN 55405
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Built in 20201 Bedroom Apartments
Amp House (3247/3249/3251)
3251 S Garfield AveMinneapolis, MN 55408
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Built in 2019Studio to 2 Bedroom Apartments
Apt on Essex - East
2630 SE Essex StMinneapolis, MN 55414
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Built in 2018Studio to 1 Bedroom Apartments
Archer Apartments
401 University Ave SEMinneapolis, MN 55414
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Built in 20211 to 4 Bedroom Apartments
Olson Park Apartments
1301 Olson Memorial HwyMinneapolis, MN 55405
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Built in 2020Studio to 2 Bedroom Apartments
Gibson Apartments
703 NE Central AveMinneapolis, MN 55414
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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 | $1,282 | $640 | $4,693 |
| Minneapolis 1 Bedroom Apartments | $1,549 | $500 | $6,500 |
| Minneapolis 2 Bedroom Apartments | $2,176 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,387 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $1,947 | $499 | $6,815 |
| Minneapolis 5 Bedroom Apartments | $3,749 | $2,029 | $5,702 |
| Minneapolis 6 Bedroom Apartments | $3,760 | $850 | $4,800 |
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.
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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 $2,865.
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 14,226 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 $429 which is $2,436 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.