Cheap New Apartments for Rent in Minneapolis, MN from $300 (225 Rentals) Page 4 of 5

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

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Liffey on Snelling
$1,148 - $2,013
Total Monthly Price

Total Monthly Price

Base Rent
$1,148 - $2,013

Total Monthly Price
Varies
Built in 2022Studio to 2 Bedroom Apartments Available Now

Liffey on Snelling

304 Snelling Ave NSt. Paul, MN 55104
Pet Friendly
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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
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Harbor at Twin Lakes 55+ Apartments
$1,188 - $1,742
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,138 - $1,692
Required Monthly Fees
$50

Total Monthly Price
$1,188 - $1,742
Built in 20211 to 2 Bedroom Apartments Available Now

Harbor at Twin Lakes 55+ Apartments

2730 N Herschel St WRoseville, MN 55113
Senior Living
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  • Utilities Included
  • Low Income
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The Nine at Lexington Station
$1,210 - $2,878
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $2,818
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
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Novo
Rent Specials
$1,260 - $2,506
Total Monthly Price

Total Monthly Price

Base Rent
$1,254 - $2,500
Required Monthly Fees
Varies

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

Novo

2400 W 66th StRichfield, MN 55423
Active Lifestyle
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Ratio
$1,290 - $3,290
Total Monthly Price

Total Monthly Price

Base Rent
$1,185 - $3,185
Required Monthly Fees
$105

Total Monthly Price
$1,290 - $3,290
Built in 2022Studio to 3 Bedroom Apartments Available Now

Ratio

909 Gould Ave NEColumbia Heights, MN 55421
Corporate Housing
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The Mason
Rent Specials
$1,298 - $3,558
Total Monthly Price

Total Monthly Price

Base Rent
$1,290 - $3,550
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
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Zelia on Seven
Rent Specials
$1,299 - $6,004
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $6,000
Required Monthly Fees
$4

Total Monthly Price
$1,299 - $6,004
Built in 2022Studio to 3 Bedroom Apartments Available Now

Zelia on Seven

5855 Highway 7St. Louis Park, MN 55416
Active Lifestyle
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Callisto Commons
$1,300 - $1,440
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $1,440

Total Monthly Price
$1,300 - $1,440
Built in 20251 to 3 Bedroom Apartments Available Jul 1

Callisto Commons

6257 University AveFridley, MN 55432
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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
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Harper
Rent Specials
$1,384 - $4,086
Plus Fees
Built in 2020Studio to 2 Bedroom Apartments Available Now

Harper

150 Snelling AveSt. Paul, MN 55104
Transit Friendly
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The Exchange Apartments
Rent Specials
$1,408 - $2,658
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $2,650
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2023Studio to 2 Bedroom Apartments Available Now

The Exchange Apartments

2299 Palmer DrNew Brighton, MN 55112
Luxury
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Grand Central Flats
Rent Specials
$1,457 - $1,765
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,391 - $1,699
Required Monthly Fees
$66

Total Monthly Price
$1,457 - $1,765
Built in 20181 to 2 Bedroom Apartments Available Now

Grand Central Flats

4729 Grand Ave NEColumbia Heights, MN 55421
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The Isaac Apartments
$1,486 - $2,661
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,470 - $2,645
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20221 to 2 Bedroom Apartments Available Now

The Isaac Apartments

2740 Fairview Ave NRoseville, MN 55113
Family Friendly
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The Hallon
Rent Specials
$1,498 - $5,388
Total Monthly Price

Total Monthly Price

Base Rent
$1,415 - $5,305
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2023Studio to 3 Bedroom Apartments Available Now

The Hallon

8594 Excelsior BlvdHopkins, MN 55343
Corporate Housing
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Chorus Apartments
Built in 2023Studio to 4 Bedroom Apartments

Chorus Apartments

1295 NE 2nd StHopkins, MN 55343
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2044 Grand Ave
Built in 20203 to 4 Bedroom Apartments

2044 Grand Ave

2044 Grand AveSt. Paul, MN 55105
Student Housing
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Gradient Apartments
Built in 2023Studio to 2 Bedroom Apartments

Gradient Apartments

1509 Marshall AveSt. Paul, MN 55104
Student Housing
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Sound on 76th
Built in 20221 to 3 Bedroom Apartments

Sound on 76th

4100 76th St WEdina, MN 55435
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Nellie Francis Court
Built in 2024Studio to 2 Bedroom Apartments

Nellie Francis Court

2285 Hillcrest AveSt. Paul, MN 55116
  • Utilities Included
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Restoring Waters
Built in 2024Studio to 2 Bedroom Apartments

Restoring Waters

801 Mount Curve BlvdSt. Paul, MN 55116
  • Utilities Included

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 $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

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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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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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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.

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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.

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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.

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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.