Cheap New Apartments for Rent in Minneapolis, MN from $400 (256 Rentals) Page 4 of 6

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

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Bryant Park Lofts
Built in 2023Studio to 2 Bedroom Apartments

Bryant Park Lofts

3130 Bryant Ave SMinneapolis, MN 55408
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Arthaus Apartments
Built in 20241 to 2 Bedroom Apartments

Arthaus Apartments

2611 2nd Ave SMinneapolis, MN 55408
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Gibson Apartments
Built in 2020Studio to 2 Bedroom Apartments

Gibson Apartments

703 NE Central AveMinneapolis, MN 55414
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3333 Hennepin
Built in 20231 to 2 Bedroom Apartments

3333 Hennepin

3333 Hennepin AveMinneapolis, MN 55408
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North Loop Green 360
Built in 2024Studio to 3 Bedroom Apartments

North Loop Green 360

360 N Fifth StMinneapolis, MN 55401
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Lucille
Built in 2021Studio to 3 Bedroom Apartments

Lucille

1025 Main StMinneapolis, MN 55413
  • Utilities Included
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3329 Nicollet Ave
Built in 20182 to 3 Bedroom Apartments

3329 Nicollet Ave

3329 Nicollet AveMinneapolis, MN 55408
  • Utilities Included
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1410 Rollins Ave SE
Built in 20172 to 3 Bedroom Apartments

1410 Rollins Ave SE

1410 Rollins Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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limeLIGHT
Built in 20222 to 3 Bedroom Apartments

limeLIGHT

811 4th St SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Little Mod
$945
Total Monthly Price

Total Monthly Price

Base Rent
$870
Required Monthly Fees
$75

Total Monthly Price
$945
Built in 20251 Bedroom Apartments Available Now

Little Mod

796 Stewart AveSt. Paul, MN 55102
Furnished
  • Verified
  • Low Income
  • Smoke Free
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Treehouse
$971 - $1,088
Plus Fees12 Month Lease Term
Built in 2024Studio to 1 Bedroom Apartments Contact Us For Availability

Treehouse

2319 Highland WaySt. Paul, MN 55116
Senior Living
  • Verified
  • Utilities Included
  • Low Income
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Oaks Pentagon Village
$1,020 - $2,646
Total Monthly Price

Total Monthly Price

Base Rent
$1,014 - $2,640
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2024Studio to 2 Bedroom Apartments Available Jul 17

Oaks Pentagon Village

4911 W 77th StEdina, MN 55435
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Pivot Apartments
Rent Specials
$1,163 - $1,808
Total Monthly Price

Total Monthly Price

Base Rent
$1,163 - $1,808

Total Monthly Price
Varies
Built in 2020Studio to 3 Bedroom Apartments Available Now

Pivot Apartments

455 Snelling AveSt. Paul, MN 55104
Student Housing
  • Verified
  • 3D Tour
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RAY
$1,182 - $2,290
Total Monthly Price

Total Monthly Price

Base Rent
$1,182 - $2,290

Total Monthly Price
$1,182 - $2,290
Built in 2017Studio to 2 Bedroom Apartments Available Now

RAY

2323 Charles AveSt. Paul, MN 55114
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Riley
$1,257 - $1,988
Total Monthly Price

Total Monthly Price

Base Rent
$1,257 - $1,988

Total Monthly Price
Varies
Built in 2022Studio to 1 Bedroom Apartments Available Now

Riley

600 W 64th St WRichfield, MN 55423
Eco-Friendly
  • Verified
  • 3D Tour
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The Nine at Lexington Station
$1,280 - $2,961
Total Monthly Price

Total Monthly Price

Base Rent
$1,220 - $2,901
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2024Studio to 2 Bedroom Apartments Available Now

The Nine at Lexington Station

411-417 Lexington Pky NSt. Paul, MN 55104
Eco-Friendly
  • Verified
  • 3D Tour
  • Smoke Free
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The Mason
Rent Specials
$1,283 - $3,668
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $3,660
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2022Studio to 3 Bedroom Apartments Available Now

The Mason

2424 Territorial RdSt. Paul, MN 55114
Student Housing
  • Verified
  • 3D Tour
  • Smoke Free
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Novo
Rent Specials
$1,285 - $2,606
Total Monthly Price

Total Monthly Price

Base Rent
$1,279 - $2,600
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2021Studio to 2 Bedroom Apartments Available Now

Novo

2400 W 66th StRichfield, MN 55423
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  • Customer Reviewed
  • 3D Tour
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Callisto Commons
$1,300 - $1,728
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $1,728

Total Monthly Price
$1,300 - $1,728
Built in 20251 to 3 Bedroom Apartments Available Now

Callisto Commons

6257 University AveFridley, MN 55432
  • Verified
  • Customer Reviewed
  • Utilities Included
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Twelve22
$1,305 - $1,608
Plus Fees12 Month Lease Term
Built in 20241 to 2 Bedroom Apartments Available Now

Twelve22

1222 University Ave WSt. Paul, MN 55104
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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Zelia on Seven
Rent Specials
$1,324 - $4,769
Total Monthly Price

Total Monthly Price

Base Rent
$1,320 - $4,765
Required Monthly Fees
$4

Total Monthly Price
$1,324 - $4,769
Built in 2022Studio to 2 Bedroom Apartments Available Now

Zelia on Seven

5855 Highway 7St. Louis Park, MN 55416
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
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Ironwood
$1,363 - $2,885
Total Monthly Price

Total Monthly Price

Base Rent
$1,360 - $2,882
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2018Studio to 3 Bedroom Apartments Available May 17

Ironwood

8400 Bass Lake RdNew Hope, MN 55428
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  • Customer Reviewed
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Oaks Landing 55+ Apartments
Rent Specials
$1,365 - $1,987
Total Monthly Price

Total Monthly Price

Base Rent
$1,365 - $1,987

Total Monthly Price
$1,365 - $1,987
Built in 20211 to 3 Bedroom Apartments Available Now

Oaks Landing 55+ Apartments

700 NW 7th StNew Brighton, MN 55112
Senior Living
  • Verified
  • Customer Reviewed
  • Utilities Included
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Ratio
$1,375 - $3,397
Total Monthly Price

Total Monthly Price

Base Rent
$1,270 - $3,292
Required Monthly Fees
$105

Total Monthly Price
$1,375 - $3,397
Built in 2022Studio to 3 Bedroom Apartments Available Now

Ratio

909 Gould Ave NEColumbia Heights, MN 55421
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Minneapolis, MN Area Reviews

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Stephanie4+ 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 $750.

What is the price of a cheap apartment in Minneapolis?

The cheapest apartment in Minneapolis is 3137 Aldrich which is listed at $150, while the average apartment in Minneapolis costs $3,101.

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 12,787 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 $2,661 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

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

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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.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

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Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes

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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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.