Cheap Apartments for Rent with Specials in Minneapolis, MN from $333 (241 Rentals)

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Rental Listings with Specials.

Cheap Apartments in Minneapolis.

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Remington Apartments
Rent Specials
$745 - $1,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$745 - $1,300

Total Monthly Price
$745 - $1,300
Studio to 2 Bedroom Apartments Available Soon

Remington Apartments

708 5th St SEMinneapolis, MN 55414
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Haverhill Apartments
Rent Specials
$782 - $932
Total Monthly Price

Total Monthly Price

Base Rent
$765 - $915
Required Monthly Fees
$17

Total Monthly Price
$782 - $932
1 Bedroom Apartments Available Now

Haverhill Apartments

32-34 Spruce PlMinneapolis, MN 55403
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22 on the River
Rent Specials
$850 - $2,594
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850 - $2,594

Total Monthly Price
$850 - $2,594
Studio to 2 Bedroom Apartments Available Now

22 on the River

22 27th Ave SEMinneapolis, MN 55414
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225 Place Apartments
Rent Specials
$903 - $953
Total Monthly Price

Total Monthly Price

Base Rent
$899 - $949
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Available Now

225 Place Apartments

225 W 15th StMinneapolis, MN 55403
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Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

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Colfax Terrace
Rent Specials
$952
Total Monthly Price

Total Monthly Price

Base Rent
$935
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Sep 8

Colfax Terrace

3433-3435 Colfax Ave SMinneapolis, MN 55408
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Yale Place
Rent Specials
$956 - $996
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$935 - $975
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Yale Place

48 27th Ave SEMinneapolis, MN 55414
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Bryant Manor
Rent Specials
$957 - $1,157
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,145
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Bryant Manor

3532 Bryant Ave SMinneapolis, MN 55408
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Colfax Manor
Rent Specials
$960 - $1,060
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,045
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Oct 1

Colfax Manor

3401 Colfax Ave SMinneapolis, MN 55408
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Cedars 94
Rent Specials
$969 - $1,821
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$969 - $1,821

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Sep 2

Cedars 94

2220 E Franklin AveMinneapolis, MN 55404
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CityLine
Rent Specials
$999 - $1,880
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,880

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

CityLine

3815 Hiawatha AveMinneapolis, MN 55406
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Corner 29 Apartments
Rent Specials
$1,002
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$970
Required Monthly Fees
$32

Total Monthly Price
$1,002
1 Bedroom Apartments Available Now

Corner 29 Apartments

2913 29th Ave SMinneapolis, MN 55406
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LaSalle Apartments
Rent Specials
$1,014 - $1,684
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,669
Required Monthly Fees
$15

Total Monthly Price
$1,014 - $1,684
Studio to 1 Bedroom Apartments Available Now

LaSalle Apartments

36 S 9th StMinneapolis, MN 55402
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Lake Street Manor
Rent Specials
$1,016 - $1,096
Total Monthly Price

Total Monthly Price

Base Rent
$995 - $1,075
Required Monthly Fees
$21

Total Monthly Price
$1,016 - $1,096
1 Bedroom Apartments Available Now

Lake Street Manor

4445 E Lake StMinneapolis, MN 55406
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Mansard Apartments
Rent Specials
$1,021
Total Monthly Price

Total Monthly Price

Base Rent
$1,005
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Mansard Apartments

2930 33rd Ave SMinneapolis, MN 55406
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East River Terrace
Rent Specials
$1,036 - $1,816
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,015 - $1,795
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

East River Terrace

2101 E River TerMinneapolis, MN 55414
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City Place Lofts
Rent Specials
$1,044 - $1,249
Total Monthly Price

Total Monthly Price

Base Rent
$1,040 - $1,245
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

City Place Lofts

730 Hennepin AveMinneapolis, MN 55403
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The Central
Rent Specials
$1,059 - $1,673
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,054 - $1,668
Required Monthly Fees
$5

Total Monthly Price
$1,059 - $1,673
Studio to 3 Bedroom Apartments Available Aug 31

The Central

3503 2nd Ave SMinneapolis, MN 55408
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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

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Park Place Apartments
Rent Specials
$1,068 - $1,093
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $1,075
Required Monthly Fees
$18

Total Monthly Price
$1,068 - $1,093
1 Bedroom Apartments Contact Us For Availability

Park Place Apartments

3845 Bryant Ave SMinneapolis, MN 55409
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Laurel Village
Rent Specials
$1,100 - $2,500
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For Availability

Laurel Village

1254 Hennepin Ave NMinneapolis, MN 55403
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The Whit
Rent Specials
$1,170 - $3,409
Total Monthly Price

Total Monthly Price

Base Rent
$1,156 - $3,395
Required Monthly Fees
$14

Total Monthly Price
$1,170 - $3,409
Studio to 2 Bedroom Apartments Available Now

The Whit

2201 Blaisdell AveMinneapolis, MN 55404
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Lumos Apartments
Rent Specials
$1,170 - $2,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $2,145
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Lumos Apartments

2826 Girard Ave SMinneapolis, MN 55408
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The Bessemer at Seward Commons
Rent Specials
$1,173 - $2,112
Total Monthly Price

Total Monthly Price

Base Rent
$1,165 - $2,104
Required Monthly Fees
$8

Total Monthly Price
$1,173 - $2,112
Studio to 2 Bedroom Apartments Available Now

The Bessemer at Seward Commons

2220 Snelling AveMinneapolis, MN 55404
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Minneapolis's Best Affordable Neighborhoods

Learn about Minneapolis, MN and the best places to live with original content written by our Minneapolis Local Expert Stephanie Lica

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B-Side
Rent Specials
$1,174 - $1,881
Total Monthly Price

Total Monthly Price

Base Rent
$1,174 - $1,881

Total Monthly Price
$1,174 - $1,881
Studio to 2 Bedroom Apartments Available Sep 8

B-Side

3027 22nd Ave SMinneapolis, MN 55407
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Wakpada Apartments
Rent Specials
$1,178 - $1,778
Total Monthly Price

Total Monthly Price

Base Rent
$1,163 - $1,763
Required Monthly Fees
$15

Total Monthly Price
$1,178 - $1,778
Studio to 2 Bedroom Apartments Available Now

Wakpada Apartments

4603 Minnehaha AveMinneapolis, MN 55406
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Hiawatha Flats
Rent Specials
$1,195 - $2,365
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $2,365

Total Monthly Price
$1,195 - $2,365
Studio to 2 Bedroom Apartments Available Now

Hiawatha Flats

3625 E 43rd StMinneapolis, MN 55406
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Lake Street Dwelling
Rent Specials
$1,200 - $1,446
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,196 - $1,442
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Lake Street Dwelling

410-510 W Lake StMinneapolis, MN 55408
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Lago Apartments
Rent Specials
$1,203 - $2,159
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $2,155
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Lago Apartments

500 W Lake StMinneapolis, MN 55408
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The Theodore Apartments 55+
Rent Specials
$1,203 - $1,438
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,434
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Theodore Apartments 55+

2840 N Wayzata BlvdMinneapolis, MN 55405
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Minneapolis, MN Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $750.

What is the price of a cheap apartment in Minneapolis?

The cheapest apartment in Minneapolis is 6-1849 which is listed at $575, while the average apartment in Minneapolis costs $1,707.

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 9,533 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 $494 which is $1,213 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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Authentic Minneapolis: An Insider's 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.

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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.

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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.

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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.

Articles, How-To's, and Tips

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.