close
View Me
$1,439 - $1,690
Plus Fees
Built in 20181 to 3 Bedroom Apartments Available NowThe Legends of Columbia Heights 55+ Living
3700 Huset PkyColumbia Heights, MN 55421
Cheap New Apartments for Rent in Minneapolis, MN from $400 (246 Rentals) Page 5 of 5
Search the lowest-cost Apartments available for rent right now in Minneapolis.
close
View Me
$1,444 - $2,120
Plus Fees
Built in 20221 to 2 Bedroom Apartments Available NowRiley
600 W 64th St WRichfield, MN 55423
close
View Me
Rent Specials
$1,450 - $2,538
Plus Fees
Built in 2023Studio to 2 Bedroom Apartments Available NowLynvue
6445 Lyndale Ave SRichfield, MN 55423
close
View Me
Rent Specials
$1,457 - $2,976
Plus Fees
Built in 2023Studio to 2 Bedroom Apartments Available NowCorsa
3440 Belt Line BlvdSt. Louis Park, MN 55416
close
View Me
Rent Specials
$1,470 - $2,795
Plus Fees12 Month Lease Term
Built in 20171 to 3 Bedroom Apartments Available NowThe Liberty Apartments and Townhomes
2448 Winnetka Ave NGolden Valley, MN 55427
close
View Me
Rent Specials
$1,480 - $3,495
Plus Fees
Built in 2019Studio to 3 Bedroom Apartments Available NowAria
3200 Southdale CirEdina, MN 55435
close
View Me
Rent Specials
$1,490 - $3,910
Plus Fees12 Month Lease Term
Built in 2021Studio to 3 Bedroom Apartments Available NowMillennium Edina
3250 W 66th StEdina, MN 55435
close
View Me
$1,495 - $3,245
Plus Fees
Built in 20221 to 2 Bedroom Apartments Available NowThe Reeve Lakeside
4600 Lake Road AveRobbinsdale, MN 55422
close
View Me
Rent Specials
$1,533 - $4,253
Plus Fees
Built in 2023Studio to 3 Bedroom Apartments Available NowThe Hallon
8594 Excelsior BlvdHopkins, MN 55343
close
View Me
$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
close
View Me
$1,560 - $2,120
Plus Fees
Built in 2023Studio to 2 Bedroom Apartments Available NowThe Exchange Apartments
2299 Palmer DrNew Brighton, MN 55112
close
View Me
Rent Specials
$1,575 - $2,465
Plus Fees
Built in 2016Studio to 2 Bedroom Apartments Available NowLuxembourg Apartments
5100 W 82nd StBloomington, MN 55437
close
View Me
$1,595
Plus Fees12 Month Lease Term
Built in 2017Studio to 2 Bedroom Apartments Available NowThe Finn Apartments
725 Cleveland Ave SSt. Paul, MN 55116
close
View Me
Rent Specials
$1,600 - $3,553
Plus Fees
Built in 2016Studio to 3 Bedroom Apartments Available NowOnyx Edina
6725 York Ave SEdina, MN 55435
close
View Me
$1,600 - $2,975
Plus Fees
Built in 20221 to 3 Bedroom Apartments Available NowMarshall Lofts & Townhomes
2105 Marshall AveSt. Paul, MN 55104
close
View Me
Built in 2023Studio to 4 Bedroom Apartments
Chorus Apartments
1295 NE 2nd StHopkins, MN 55343
close
View Me
Built in 20203 to 4 Bedroom Apartments
2044 Grand Ave Apartments | St. Paul
2044 Grand AveSt. Paul, MN 55105
close
View Me
Built in 2023Studio to 2 Bedroom Apartments
Gradient Apartments
1509 Marshall AveSt. Paul, MN 55104
close
View Me
Built in 20221 to 3 Bedroom Apartments
Sound on 76th
4100 76th St WEdina, MN 55435
close
View Me
Built in 2024Studio to 2 Bedroom Apartments
Nellie Francis Court
2285 Hillcrest AveSt. Paul, MN 55116
close
View Me
Built in 2024Studio to 2 Bedroom Apartments
Restoring Waters
801 Mount Curve BlvdSt. Paul, MN 55116
close
View Me
Built in 20201 to 3 Bedroom Apartments
Edison Apartments
3110 Old Highway 8Roseville, MN 55113
close
View Me
Built in 20251 to 3 Bedroom Apartments
Marshall Avenue Flats
1606 Marshall AveSt. Paul, MN 55104
close
View Me
Built in 20231 to 3 Bedroom Apartments
Villas of Mounds View - Age 55+
4889 Old Highway 8Mounds View, MN 55112
close
View Me
Built in 2024Studio to 2 Bedroom Apartments
Oxboro Heights - 55+
600 W 93rd StBloomington, MN 55420
close
View Me
Built in 2021Studio to 3 Bedroom Apartments
Morrow Apartments
1835 University Ave WSt. Paul, MN 55104
close
View Me
Built in 20231 to 2 Bedroom Apartments
The Lumin at Highland Bridge
830 Cretin Ave SSt. Paul, MN 55116
close
View Me
Built in 20231 to 2 Bedroom Apartments
The Fern 55+ Apartments
1795 Eustis StLauderdale, MN 55113
close
View Me
Built in 2020Studio to 3 Bedroom Apartments
Henley (6324-6344 Lyndale)
6324 S Lyndale AveRichfield, MN 55423
close
View Me
Built in 20232 to 3 Bedroom Apartments
Selby Wilkins
180 Milton St NSt. Paul, MN 55104
close
View Me
Built in 20171 to 2 Bedroom Apartments
BROWNstone Lofts
839 University Ave WSt. Paul, MN 55104
close
View Me
Built in 20191 to 2 Bedroom Apartments
Sonder Point 50+ Apartments
5803 Xerxes AveBrooklyn Center, MN 55430
close
View Me
Built in 2017Studio to 2 Bedroom Apartments
C&E Living
735 Raymond AveSt. Paul, MN 55114
close
View Me
Built in 2021Studio to 3 Bedroom Apartments
Parker Station Flats
3600 France Ave NRobbinsdale, MN 55422
close
View Me
Built in 20251 to 2 Bedroom Apartments
Mast Apartments I & II
1372 Saint Paul AveSt. Paul, MN 55116
close
View Me
Built in 20231 to 3 Bedroom Apartments
The Col
800 42 Ave NEColumbia Heights, MN 55421
close
View Me
Built in 2023Studio to 3 Bedroom Apartments
Juliette Apartments
470 Lexington Pky SSt. Paul, MN 55105
close
View Me
Built in 2016Studio to 2 Bedroom Apartments
V2 Apartments
750 Otto AveSt. Paul, MN 55102
close
View Me
Built in 20191 to 3 Bedroom Apartments
Union Flats
787 Hampden AveSt. Paul, MN 55114
close
View Me
Built in 20211 to 3 Bedroom Apartments
Brighton Oaks
617 8th Ave NWNew Brighton, MN 55112
close
View Me
Built in 20221 to 3 Bedroom Apartments
Lyndale Flats
9320 Lyndale Ave SBloomington, MN 55420
close
View Me
Built in 20211 to 3 Bedroom Apartments
The Oasis at Twin Lakes
2725 Herschel St NRoseville, MN 55113
close
View Me
Built in 2020Studio to 2 Bedroom Apartments
Urban Park II Apartments
3601-3675 Phillips PkySt. Louis Park, MN 55426
close
View Me
Built in 2019Studio to 3 Bedroom Apartments
The Grove
246-258 Snelling AveSt. Paul, MN 55105
close
View Me
Built in 2022Studio to 2 Bedroom Apartments
The Collection at Highland Bridge
800 Cretin Ave SSt. Paul, MN 55116
close
View Me
Built in 20191 to 3 Bedroom Apartments
Thomas Avenue Flats
1500 Thomas Ave WSt. Paul, MN 55104
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 | $1,295 | $640 | $2,319 |
| Minneapolis 1 Bedroom Apartments | $1,576 | $500 | $8,439 |
| Minneapolis 2 Bedroom Apartments | $2,135 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,467 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $1,876 | $535 | $7,958 |
| Minneapolis 5 Bedroom Apartments | $2,897 | $2,029 | $3,500 |
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.
Write a Review
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 $2,717.
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 14,096 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 $401 which is $2,316 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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.