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Cheap New Apartments for Rent in Minneapolis, MN from $400 (263 Rentals) Page 4 of 6
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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Built in 2015Studio to 2 Bedroom Apartments
Cortland Mill District
313 Washington Ave SMinneapolis, MN 55415
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Built in 2022Studio to 2 Bedroom Apartments
The Mezz at West Lake Quarter
3050 Abbott AveMinneapolis, MN 55416
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$626 - $979
Plus Fees12 Month Lease Term
Built in 2024Studio to 1 Bedroom Apartments Available NowTreehouse
2319 Highland WaySt. Paul, MN 55116
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$758 - $2,676
Plus Fees
Built in 2017Studio to 2 Bedroom Apartments Available Now2700 University
2700 University Ave WSt. Paul, MN 55114
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$850
Total Monthly Price12 Month Lease Term
Built in 20256 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$850
Total Monthly Price
$850
796 Stewart Ave, Unit 796
796 Stewart AveSt. Paul, MN 55102
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$1,052 - $2,999
Plus Fees
Built in 2020Studio to 3 Bedroom Apartments Available NowPivot Apartments
455 Snelling AveSt. Paul, MN 55104
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Rent Specials
$1,054 - $4,789
Total Monthly Price
Built in 2022Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,050 - $4,785
Required Monthly Fees
$4
Total Monthly Price
$1,054 - $4,789
Zelia on Seven
5855 Highway 7St. Louis Park, MN 55416
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$1,065 - $1,665
Total Monthly Price
Built in 2022Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$995 - $1,595
Required Monthly Fees
$70
Total Monthly Price
$1,065 - $1,665
Riley
600 W 64th St WRichfield, MN 55423
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$1,068 - $3,782
Plus Fees
Built in 2024Studio to 2 Bedroom Apartments Available NowThe Nine at Lexington Station
411-417 Lexington Pky NSt. Paul, MN 55104
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$1,072 - $1,825
Plus Fees
Built in 2022Studio to 2 Bedroom Apartments Available NowLiffey on Snelling
304 Snelling Ave NSt. Paul, MN 55104
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$1,133 - $2,220
Plus Fees
Built in 2021Studio to 2 Bedroom Apartments Available NowThe Pitch Apartments
427 N Snelling AveSt. Paul, MN 55104
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$1,145 - $3,019
Plus Fees
Built in 2016Studio to 3 Bedroom Apartments Available NowThe Cielo Apartments
6051 University AveFridley, MN 55432
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$1,160 - $1,495
Plus Fees
Built in 2017Studio to 2 Bedroom Apartments Available NowRAY
2323 Charles AveSt. Paul, MN 55114
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Rent Specials
$1,165 - $1,698
Plus Fees12 Month Lease Term
Built in 20211 to 2 Bedroom Apartments Available NowHarbor at Twin Lakes 55+ Apartments
2730 N Herschel St WRoseville, MN 55113
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$1,168 - $1,396
Plus Fees12 Month Lease Term
Built in 20231 to 2 Bedroom Apartments Available NowThe Fern 55+ Apartments
1795 Eustis StLauderdale, MN 55113
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Rent Specials
$1,175 - $2,896
Plus Fees
Built in 2022Studio to 3 Bedroom Apartments Available NowRya Apartments
6400 Richfield PkyRichfield, MN 55423
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Rent Specials
$1,182 - $2,676
Plus Fees
Built in 2022Studio to 2 Bedroom Apartments Available NowMODA on Raymond
760 Raymond AveSt. Paul, MN 55114
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$1,195 - $2,395
Plus Fees
Built in 2021Studio to 2 Bedroom Apartments Available NowParker Station Flats
3600 France Ave NRobbinsdale, MN 55422
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$1,195 - $3,295
Plus Fees
Built in 2022Studio to 3 Bedroom Apartments Available NowThe Mason
2424 Territorial RdSt. Paul, MN 55114
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Rent Specials
$1,196 - $2,177
Plus Fees
Built in 2022Studio to 2 Bedroom Apartments Available NowMidline Apartments
2227 University AveSt. Paul, MN 55114
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Rent Specials
$1,200 - $2,495
Plus Fees
Built in 2022Studio to 2 Bedroom Apartments Available NowEagan Heights Apartments
3340 Pilot Knob RdEagan, MN 55121
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Rent Specials
$1,204 - $6,409
Total Monthly Price
Built in 2023Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $6,404
Required Monthly Fees
$5
Total Monthly Price
$1,204 - $6,409
The Eddi
4911 W 77th StEdina, MN 55435
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Rent Specials
$1,210 - $2,705
Plus Fees
Built in 2021Studio to 2 Bedroom Apartments Available NowNovo
2400 W 66th StRichfield, MN 55423
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Rent Specials
$1,221 - $2,510
Plus Fees
Built in 2020Studio to 2 Bedroom Apartments Available NowPlatform Apartments
747 Hampden AveSt. Paul, MN 55114
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Rent Specials
$1,244 - $2,029
Total Monthly Price
Built in 2019Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,234 - $2,019
Required Monthly Fees
$10
Total Monthly Price
$1,244 - $2,029
The Chamberlain Apartments
6630 Richfield PkyRichfield, MN 55423
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Rent Specials
$1,252 - $8,522
Plus Fees
Built in 2023Studio to 3 Bedroom Apartments Available NowCarbon31
8100 31st AveBloomington, MN 55425
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$1,295
Plus Fees12 Month Lease Term
Built in 20231 Bedroom Apartments Available Oct 1Montgomery Place
1515-1525 Marshall AveSt. Paul, MN 55104
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$1,295 - $1,575
Plus Fees
Built in 20251 to 2 Bedroom Apartments Available NowMast Apartments I & II
1372 Saint Paul AveSt. Paul, MN 55116
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Rent Specials
$1,297 - $2,038
Plus Fees
Built in 2021Studio to 2 Bedroom Apartments Available NowAura Age 55 Plus Active Community
6000 Main St NEFridley, MN 55432
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Rent Specials
$1,315 - $1,763
Total Monthly Price12 Month Lease Term
Built in 20251 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,280 - $1,728
Required Monthly Fees
$35
Total Monthly Price
$1,315 - $1,763
Callisto Commons
6257 University AveFridley, MN 55432
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$1,320 - $1,375
Plus Fees
Built in 20241 Bedroom Apartments Available NowOxboro Heights - 55+
600 W 93rd StBloomington, MN 55420
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$1,327 - $4,055
Total Monthly Price
Built in 2022Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$827 - $3,555
Required Monthly Fees
$500
Total Monthly Price
$1,327 - $4,055
Ratio
909 Gould Ave NEColumbia Heights, MN 55421
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Rent Specials
$1,328 - $2,660
Plus Fees
Built in 2016Studio to 3 Bedroom Apartments Available NowIndigo Apartments
8001 33rd Ave SBloomington, MN 55425
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Rent Specials
$1,345 - $1,608
Plus Fees12 Month Lease Term
Built in 20241 to 2 Bedroom Apartments Available NowTwelve22
1222 University Ave WSt. Paul, MN 55104
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Rent Specials
$1,346 - $1,987
Plus Fees
Built in 2021Studio to 3 Bedroom Apartments Available NowOaks Landing 55+ Apartments
700 NW 7th StNew Brighton, MN 55112
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Rent Specials
$1,349 - $3,789
Plus Fees
Built in 2023Studio to 2 Bedroom Apartments Available NowJuliette Apartments
470 Lexington Pky SSt. Paul, MN 55105
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 | $1,270 | $640 | $3,472 |
| Minneapolis 1 Bedroom Apartments | $1,554 | $500 | $6,720 |
| Minneapolis 2 Bedroom Apartments | $2,167 | $479 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,498 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,508 | $495 | $10,000+ |
| Minneapolis 5 Bedroom Apartments | $3,406 | $2,029 | $6,941 |
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 $3,110.
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 10,803 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 $407 which is $2,703 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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.