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from $1,395Built in 2025Studio to 1 Bedroom Apartments Available Now
The Knox Apartments
1801 American Blvd WBloomington, MN 55431
Cheap New Apartments for Rent in Minneapolis, MN from $400 (251 Rentals)Page 5 of 6
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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from $1,395Built in 20231 Bedroom Apartments Available Now
Montgomery Place
1515-1525 Marshall AveSt. Paul, MN 55104
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from $1,396Built in 20251 to 2 Bedroom Apartments Available Now
Marshall Avenue Flats
1606 Marshall AveSt. Paul, MN 55104
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from $1,412Built in 20211 to 3 Bedroom Apartments Available Now
Sonder House
5801 N Xerxes AveBrooklyn Center, MN 55430
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from $1,412Built in 2021Studio to 2 Bedroom Apartments Available Now
Aura Age 55 Plus Active Community
6000 Main St NEFridley, MN 55432
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from $1,420Built in 2016Studio to 2 Bedroom Apartments Available Now
Luxembourg Apartments
5100 W 82nd StBloomington, MN 55437
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from $1,425Built in 20211 to 2 Bedroom Apartments Available Now
The Quentin
4900 Cedar Lake Rd SSt. Louis Park, MN 55416
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from $1,426Built in 20201 to 3 Bedroom Apartments Available Now
The Legends at Berry 62+ Apartments
777 Berry StSt. Paul, MN 55114
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from $1,435Built in 20151 to 2 Bedroom Apartments Available Now
The Legends at Silver Lake Village 55+ Apartments
2500 38th Ave NESt. Anthony, MN 55421
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from $1,435Built in 2023Studio to 2 Bedroom Apartments Available Now
The Exchange Apartments
2299 Palmer DrNew Brighton, MN 55112
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from $1,437Built in 20211 to 3 Bedroom Apartments Contact Us For Availability
The Oasis at Twin Lakes
2725 Herschel St NRoseville, MN 55113
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from $1,443Built in 20181 to 3 Bedroom Apartments Available Now
The Legends of Columbia Heights 55+ Living
3700 Huset PkyColumbia Heights, MN 55421
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from $1,450Built in 20211 to 2 Bedroom Apartments Available Aug 1
Parkway Place
4040 W 31st StSt. Louis Park, MN 55416
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from $1,506Built in 2023Studio to 3 Bedroom Apartments Available Now
Corsa
3440 Belt Line BlvdSt. Louis Park, MN 55416
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from $1,514Built in 20171 to 2 Bedroom Apartments Available Now
Hello Apartments
9201 Golden Valley RdGolden Valley, MN 55427
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from $1,525Built in 2024Studio to 3 Bedroom Apartments Available Now
Noble
8200 Humboldt AveBloomington, MN 55431
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from $1,530Built in 20191 to 2 Bedroom Apartments Available Jun 6
Altitude Residences
2814 Jordan Ave SMinnetonka, MN 55305
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from $1,535Built in 2022Studio to 3 Bedroom Apartments Available Now
The Ruby
3750 Silver Lake Rd NESt. Anthony, MN 55421
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from $1,553Built in 2017Studio to 3 Bedroom Apartments Available Now
The Preserve at Normandale Lake
8101 Normandale Lake BlvdBloomington, MN 55437
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from $1,561Built in 2016Studio to 3 Bedroom Apartments Available Now
Onyx Edina
6725 York Ave SEdina, MN 55435
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from $1,581Built in 2020Studio to 3 Bedroom Apartments Available Now
Gray Stone Flats
2390 Mounds View BlvdMounds View, MN 55112
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from $1,599Built in 20231 to 3 Bedroom Apartments Available Now
The Fred
4640 W 77th StEdina, MN 55435
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from $1,600Built in 20201 to 2 Bedroom Apartments Available Now
The Heights of Mendota - 55+
2160 Highway 13Mendota Heights, MN 55120
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from $1,600Built in 20191 Bedroom Apartments Available Now
The Heights of Mendota
2180 State Hwy 13Mendota Heights, MN 55120
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from $1,600Built in 2018Studio to 3 Bedroom Apartments Available Now
Ironwood
8400 Bass Lake RdNew Hope, MN 55428
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Built in 20204 Bedroom Apartments
2044 Grand Ave Apartments | St. Paul
2044 Grand AveSt. Paul, MN 55105
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Built in 2024Studio to 2 Bedroom Apartments
Nellie Francis Court
2285 Hillcrest AveSt. Paul, MN 55116
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Built in 2021Studio to 3 Bedroom Apartments
Morrow Apartments
1835 University Ave WSt. Paul, MN 55104
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Built in 20231 Bedroom Apartments
Villas of Mounds View - Age 55+
4889 Old Highway 8Mounds View, MN 55112
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Built in 20181 to 2 Bedroom Apartments
Grand Central Flats
4729 Grand Ave NEColumbia Heights, MN 55421
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Built in 2020Studio Apartments
Urban Park II Apartments
3601-3675 Phillips PkySt. Louis Park, MN 55426
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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 | $1,361 | $612 | $6,852 |
| Minneapolis 1 Bedroom Apartments | $1,641 | $500 | $10,000+ |
| Minneapolis 2 Bedroom Apartments | $2,309 | $479 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,570 | $525 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,316 | $535 | $5,675 |
| Minneapolis 5 Bedroom Apartments | $3,122 | $2,000 | $3,995 |
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.
Write a Review
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 $723.
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 $2,903.
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 12,160 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 $418 which is $2,485 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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.