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$1,399 - $1,541
Plus Fees12 Month Lease Term
Built in 20231 Bedroom Apartments Available NowMontgomery Place
1515-1525 Marshall AveSt. Paul, MN 55104
Cheap New Apartments for Rent in Minneapolis, MN from $400 (256 Rentals) Page 5 of 6
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$1,402 - $3,028
Plus Fees
Built in 2016Studio to 3 Bedroom Apartments Available NowIndigo Apartments
8001 33rd Ave SBloomington, MN 55425
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Rent Specials
$1,403 - $5,179
Total Monthly Price
Built in 2024Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,395 - $5,171
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Ardor on the Bluffs South Loop Residences
3701 E American BlvdBloomington, MN 55425
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Rent Specials
$1,420 - $1,692
Plus Fees12 Month Lease Term
Built in 2020Studio to 1 Bedroom Apartments Available NowBirdtown Flats
3730 W Broadway AveRobbinsdale, MN 55422
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$1,425 - $1,748
Total Monthly Price12 Month Lease Term
Built in 20212 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,375 - $1,698
Required Monthly Fees
$50
Total Monthly Price
$1,425 - $1,748
Harbor at Twin Lakes 55+ Apartments
2730 N Herschel St WRoseville, MN 55113
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Rent Specials
$1,427 - $1,995
Total Monthly Price
Built in 20201 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,367 - $1,935
Required Monthly Fees
$60
Total Monthly Price
$1,427 - $1,995
The Legends at Berry 62+ Apartments
777 Berry StSt. Paul, MN 55114
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Rent Specials
$1,427 - $2,199
Plus Fees
Built in 2017Studio to 2 Bedroom Apartments Available NowThe Shoreham Apartments
3030 France Ave SSt. Louis Park, MN 55416
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Rent Specials
$1,428 - $4,285
Plus Fees
Built in 20201 to 3 Bedroom Apartments Available NowThe Fenley
8051 33rd Ave SBloomington, MN 55425
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Rent Specials
$1,428 - $4,373
Total Monthly Price
Built in 2023Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,320 - $4,265
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The Hallon
8594 Excelsior BlvdHopkins, MN 55343
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$1,439 - $1,717
Total Monthly Price
Built in 20181 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,439 - $1,717
Total Monthly Price
$1,439 - $1,717
The Legends of Columbia Heights 55+ Living
3700 Huset PkyColumbia Heights, MN 55421
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Rent Specials
$1,440 - $1,478
Total Monthly Price12 Month Lease Term
Built in 20181 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,374 - $1,412
Required Monthly Fees
$66
Total Monthly Price
$1,440 - $1,478
Grand Central Flats
4729 Grand Ave NEColumbia Heights, MN 55421
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Rent Specials
$1,449 - $2,100
Plus Fees12 Month Lease Term
Built in 2022Studio to 1 Bedroom Apartments Available Jun 27Holden House
1554 Midway PkySt. Paul, MN 55108
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$1,458 - $2,543
Total Monthly Price
Built in 2023Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,450 - $2,535
Required Monthly Fees
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The Exchange Apartments
2299 Palmer DrNew Brighton, MN 55112
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$1,475 - $2,720
Plus Fees
Built in 2024Studio to 3 Bedroom Apartments Available NowNoble
8200 Humboldt AveBloomington, MN 55431
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$1,500 - $3,861
Plus Fees
Built in 2018Studio to 2 Bedroom Apartments Available NowThe Loden
5995 Lincoln DrEdina, MN 55436
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Rent Specials
$1,506 - $3,009
Total Monthly Price
Built in 2022Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,491 - $2,994
Required Monthly Fees
$15
Total Monthly Price
$1,506 - $3,009
Landsby on Penn
6200 Penn Ave SRichfield, MN 55423
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$1,510 - $2,835
Total Monthly Price12 Month Lease Term
Built in 20171 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,505 - $2,830
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The Liberty Apartments and Townhomes
2448 Winnetka Ave NGolden Valley, MN 55427
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Rent Specials
$1,520 - $3,460
Plus Fees12 Month Lease Term
Built in 2021Studio to 3 Bedroom Apartments Available NowMillennium Edina
3250 W 66th StEdina, MN 55435
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Rent Specials
$1,524 - $2,849
Plus Fees
Built in 20221 to 3 Bedroom Apartments Available NowThe Ruby
3750 Silver Lake Rd NESt. Anthony, MN 55421
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Rent Specials
$1,536 - $4,357
Total Monthly Price
Built in 2016Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,507 - $4,328
Required Monthly Fees
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Total Monthly Price
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Onyx Edina
6725 York Ave SEdina, MN 55435
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Rent Specials
$1,544 - $2,916
Plus Fees
Built in 20231 to 2 Bedroom Apartments Available NowCorsa
3440 Belt Line BlvdSt. Louis Park, MN 55416
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$1,545 - $4,085
Plus Fees
Built in 2026Studio to 3 Bedroom Apartments Available NowThe Winn at Golden Valley
8200 Golden Valley RdGolden Valley, MN 55427
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$1,550 - $1,915
Total Monthly Price
Built in 2022Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,550 - $1,915
Total Monthly Price
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Liffey on Snelling
304 Snelling Ave NSt. Paul, MN 55104
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$1,564 - $2,813
Total Monthly Price12 Month Lease Term
Built in 2017Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,559 - $2,808
Required Monthly Fees
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The Preserve at Normandale Lake
8101 Normandale Lake BlvdBloomington, MN 55437
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Built in 2023Studio to 4 Bedroom Apartments
Chorus Apartments
1295 NE 2nd StHopkins, MN 55343
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Built in 20203 to 4 Bedroom Apartments
2044 Grand Ave Apartments | St. Paul
2044 Grand AveSt. Paul, MN 55105
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Built in 2023Studio to 2 Bedroom Apartments
Gradient Apartments
1509 Marshall AveSt. Paul, MN 55104
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Built in 20221 to 3 Bedroom Apartments
Sound on 76th
4100 76th St WEdina, MN 55435
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Built in 2024Studio to 2 Bedroom Apartments
Restoring Waters
801 Mount Curve BlvdSt. Paul, MN 55116
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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 20201 to 3 Bedroom Apartments
Edison Apartments
3110 Old Highway 8Roseville, MN 55113
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Built in 20251 to 3 Bedroom Apartments
Marshall Avenue Flats
1606 Marshall AveSt. Paul, MN 55104
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Built in 20231 to 3 Bedroom Apartments
Villas of Mounds View - Age 55+
4889 Old Highway 8Mounds View, MN 55112
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Built in 20171 to 2 Bedroom Apartments
BROWNstone Lofts
839 University Ave WSt. Paul, MN 55104
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Built in 20231 to 2 Bedroom Apartments
The Lumin at Highland Bridge
830 Cretin Ave SSt. Paul, MN 55116
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Built in 20231 to 2 Bedroom Apartments
The Fern 55+ Apartments
1795 Eustis StLauderdale, MN 55113
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Built in 2020Studio to 3 Bedroom Apartments
Henley (6324-6344 Lyndale)
6324 S Lyndale AveRichfield, MN 55423
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Built in 2023Studio to 2 Bedroom Apartments
Forty Forty Flats
4040 W 70th StEdina, MN 55435
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Built in 20232 to 3 Bedroom Apartments
Selby Wilkins
180 Milton St NSt. Paul, MN 55104
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Built in 2024Studio to 2 Bedroom Apartments
Oxboro Heights - 55+
600 W 93rd StBloomington, MN 55420
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Built in 2017Studio to 2 Bedroom Apartments
C&E Living
735 Raymond AveSt. Paul, MN 55114
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Built in 2021Studio to 3 Bedroom Apartments
Parker Station Flats
3600 France Ave NRobbinsdale, MN 55422
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Built in 20251 to 2 Bedroom Apartments
Mast Apartments I & II
1372 Saint Paul AveSt. Paul, MN 55116
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Built in 20231 to 3 Bedroom Apartments
The Col
800 42 Ave NEColumbia Heights, MN 55421
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Built in 2016Studio to 2 Bedroom Apartments
V2 Apartments
750 Otto AveSt. Paul, MN 55102
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Built in 2019Studio to 3 Bedroom Apartments
The Grove
246-258 Snelling AveSt. Paul, MN 55105
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Built in 2025Studio to 1 Bedroom Apartments
The Knox Apartments
1801 American Blvd WBloomington, MN 55431
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Built in 20221 to 3 Bedroom Apartments
Cadence Apartments
7990 Old Cedar Ave SBloomington, MN 55425
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Built in 20191 to 3 Bedroom Apartments
Union Flats
787 Hampden AveSt. Paul, MN 55114
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Built in 20221 to 3 Bedroom Apartments
Lyndale Flats
9320 Lyndale Ave SBloomington, MN 55420
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 | $1,324 | $640 | $3,140 |
| Minneapolis 1 Bedroom Apartments | $1,629 | $500 | $7,259 |
| Minneapolis 2 Bedroom Apartments | $2,194 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,686 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,173 | $649 | $10,000+ |
| Minneapolis 5 Bedroom Apartments | $3,943 | $2,200 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
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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 $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
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.
Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
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.
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.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.