Cheap New Apartments for Rent in Minneapolis, MN from $400 (265 Rentals) Page 4 of 6

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Minneapolis.

close
View Me
The Lily Pad
Built in 20221 to 2 Bedroom Apartments

The Lily Pad

3601 Nicollet AveMinneapolis, MN 55409
  • Utilities Included
close
View Me
Archer Apartments
Built in 20181 Bedroom Apartments

Archer Apartments

401 University Ave SEMinneapolis, MN 55414
close
View Me
The Shale
Built in 2021Studio to 1 Bedroom Apartments

The Shale

4757 Hiawatha AveMinneapolis, MN 55406
close
View Me
Cortland Mill District
Built in 2015Studio to 2 Bedroom Apartments

Cortland Mill District

313 Washington Ave SMinneapolis, MN 55415
close
View Me
3333 Hennepin
Built in 20231 Bedroom Apartments

3333 Hennepin

3333 Hennepin AveMinneapolis, MN 55408
close
View Me
Gibson Apartments
Built in 2020Studio to 2 Bedroom Apartments

Gibson Apartments

703 NE Central AveMinneapolis, MN 55414
close
View Me
Arbor Court
Built in 20241 to 3 Bedroom Apartments

Arbor Court

3755 S Wooddale AveMinneapolis, MN 55416
  • Utilities Included
close
View Me
Arthaus Apartments
Built in 20241 Bedroom Apartments

Arthaus Apartments

2611 2nd Ave SMinneapolis, MN 55408
close
View Me
Gatsby Apartments
Built in 2021Studio to 2 Bedroom Apartments

Gatsby Apartments

1400 Park AveMinneapolis, MN 55404
close
View Me
Ox-Op Apartments
Built in 20201 to 2 Bedroom Apartments

Ox-Op Apartments

1111 S Washington AveMinneapolis, MN 55415
close
View Me
Bryant Park Lofts
Built in 20231 Bedroom Apartments

Bryant Park Lofts

3130 Bryant Ave SMinneapolis, MN 55408
close
View Me
The Aubrey
Built in 20221 Bedroom Apartments

The Aubrey

4220-4230 Nicollet AveMinneapolis, MN 55409
close
View Me
North Loop Green 360
Built in 2024Studio to 3 Bedroom Apartments

North Loop Green 360

360 N Fifth StMinneapolis, MN 55401
close
View Me
The Lora
Built in 20241 Bedroom Apartments

The Lora

3027 James Avenue SouthMinneapolis, MN 55408
close
View Me
1410 Rollins Ave SE
Built in 20172 Bedroom Apartments

1410 Rollins Ave SE

1410 Rollins Ave SEMinneapolis, MN 55414
  • Utilities Included
close
View Me
limeLIGHT
Built in 20222 to 3 Bedroom Apartments

limeLIGHT

811 4th St SEMinneapolis, MN 55414
  • Utilities Included
close
View Me
Novo
Rent Specials
$1,204 - $2,810Built in 2021Studio to 2 Bedroom Apartments Available Now

Novo

2400 W 66th StRichfield, MN 55423
Pet Friendly
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour
close
View Me
Harper
Rent Specials
$1,344 - $8,306Built in 2020Studio to 2 Bedroom Apartments Available Aug 10

Harper

150 Snelling AveSt. Paul, MN 55104
Family Friendly
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour
Showing Results 151-200, Page 4 of 6

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

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Stephanie • 4+ years in Minneapolis

February 25, 2025

A 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 $715.

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 $3,160.

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 12,274 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 $424 which is $2,736 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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.