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Rent Specials
$1,142 - $3,605
Plus Fees
Studio to 2 Bedroom Apartments Available NowAxon Green
3140 Chowen Ave SMinneapolis, MN 55416
Cheap Apartments for Rent with Specials in Minneapolis, MN from $400 (281 Rentals) Page 2 of 6
Rental Listings with Specials.
Cheap Apartments in Minneapolis.
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Rent Specials
$1,145 - $1,995
Plus Fees
Studio to 2 Bedroom Apartments Available Now1000 Main Street Apartments
1000 Main St NEMinneapolis, MN 55413
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Rent Specials
$1,145 - $3,016
Plus Fees
Studio to 2 Bedroom Apartments Available NowMarquee
1410 Nicollet AveMinneapolis, MN 55403
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Rent Specials
$1,145 - $1,880
Plus Fees
Studio to 2 Bedroom Apartments Available NowGood Dwelling: Live Your Best Life!
2640 Nicollet AveMinneapolis, MN 55408
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Rent Specials
$1,149 - $1,560
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,094 - $1,505
Required Monthly Fees
$55
Total Monthly Price
$1,149 - $1,560
Lumos Apartments
2826 Girard Ave SMinneapolis, MN 55408
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Rent Specials
$1,150 - $2,350
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,095 - $2,295
Required Monthly Fees
$55
Total Monthly Price
$1,150 - $2,350
Rosa Apartments | MPLS
4201 Nicollet AveMinneapolis, MN 55409
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Rent Specials
$1,154 - $2,355
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,099 - $2,300
Required Monthly Fees
$55
Total Monthly Price
$1,154 - $2,355
Nox Apartments
2703 Girard Ave SMinneapolis, MN 55408
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Rent Specials
$1,155 - $2,350
Plus Fees
Studio to 2 Bedroom Apartments Available NowJax Apartments
2333 Jackson St NEMinneapolis, MN 55418
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Rent Specials
$1,158 - $3,005
Plus Fees
Studio to 2 Bedroom Apartments Available NowPURE Lowry
2000 Lyndale AveMinneapolis, MN 55405
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Rent Specials
$1,167 - $2,678
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,102 - $2,613
Required Monthly Fees
$65
Total Monthly Price
$1,167 - $2,678
Akin Apartments
3536 Nicollet AveMinneapolis, MN 55408
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Rent Specials
$1,182 - $3,504
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,174 - $3,496
Required Monthly Fees
$8
Total Monthly Price
$1,182 - $3,504
Uptown Lake Apartments
1212 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,185 - $1,385
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowKings Manor Apartments
4309 Rhode Island AveMinneapolis, MN 55428
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Rent Specials
$1,195 - $1,555
Plus Fees
1 Bedroom Apartments Available Now311 Kenwood Apartments
311 Kenwood PkyMinneapolis, MN 55403
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Rent Specials
$1,195 - $1,415
Plus Fees
Studio to 1 Bedroom Apartments Available NowRivergate Apartments
115 2nd Ave SMinneapolis, MN 55401
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Rent Specials
$1,199 - $1,630
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowFair Oaks Apartment Homes
2421 3rd Ave SMinneapolis, MN 55404
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Rent Specials
$1,199 - $2,625
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowThe Larking
615 S 8th StMinneapolis, MN 55404
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Rent Specials
$1,199 - $1,699
Plus Fees
1 to 2 Bedroom Apartments Available NowDakar on Lake
1626 E Lake StMinneapolis, MN 55407
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Rent Specials
$1,200 - $1,620
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,145 - $1,565
Required Monthly Fees
$55
Total Monthly Price
$1,200 - $1,620
Alexander Apartments
3224-3236 Girard AveMinneapolis, MN 55408
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Rent Specials
$1,203 - $1,438
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $1,434
Required Monthly Fees
$4
Total Monthly Price
$1,203 - $1,438
The Theodore Apartments 55+
2840 N Wayzata BlvdMinneapolis, MN 55405
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Rent Specials
$1,205 - $3,830
Plus Fees
Studio to 2 Bedroom Apartments Available NowBlue and Lime
2922 Aldrich Ave SMinneapolis, MN 55408
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Rent Specials
$1,209 - $2,276
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,209 - $2,276
Total Monthly Price
$1,209 - $2,276
The Station at Malcolm Yards
485 Malcolm Ave SEMinneapolis, MN 55414
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Rent Specials
$1,209 - $1,734
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,205 - $1,730
Required Monthly Fees
$4
Total Monthly Price
$1,209 - $1,734
Lake Street Dwelling
410-510 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,210
Total Monthly Price
Studio to 2 Bedroom Apartments Available Mar 6Total Monthly Price
Base Rent
$1,206
Required Monthly Fees
$4
Total Monthly Price
$1,210
Broadway Flats
2505 Penn Ave NMinneapolis, MN 55411
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Rent Specials
$1,225 - $1,995
Plus Fees
Studio to 2 Bedroom Apartments Available Apr 15The Argo
3120 36th AveMinneapolis, MN 55406
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Rent Specials
$1,233 - $4,962
Plus Fees
1 to 2 Bedroom Apartments Available NowBeck46
4020 Nawadaha BlvdMinneapolis, MN 55406
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Rent Specials
$1,235 - $2,444
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,235 - $2,444
Total Monthly Price
$1,235 - $2,444
Sora
600 S 5th AveMinneapolis, MN 55415
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Rent Specials
$1,244 - $1,740
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $1,695
Required Monthly Fees
$45
Total Monthly Price
$1,244 - $1,740
Stone Arch I
601-701 Main St SEMinneapolis, MN 55414
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Rent Specials
$1,247 - $1,282
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,215 - $1,250
Required Monthly Fees
$32
Total Monthly Price
$1,247 - $1,282
Corner 29 Apartments
2913 29th Ave SMinneapolis, MN 55406
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Rent Specials
$1,249 - $4,049
Plus Fees
Studio to 3 Bedroom Apartments Available NowSoo Line
101 S 5th StMinneapolis, MN 55402
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Rent Specials
$1,249
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,245
Required Monthly Fees
$4
Total Monthly Price
$1,249
City Place Lofts
730 Hennepin AveMinneapolis, MN 55403
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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Rent Specials
$1,255 - $1,260
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,200
Required Monthly Fees
$60
Total Monthly Price
$1,255 - $1,260
Mission Lofts
1219 W 31st StMinneapolis, MN 55408
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Rent Specials
$1,260 - $2,150
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,205 - $2,095
Required Monthly Fees
$55
Total Monthly Price
$1,260 - $2,150
Huck Apartments
402 2nd St NEMinneapolis, MN 55413
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Rent Specials
$1,260 - $1,770
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,205 - $1,715
Required Monthly Fees
$55
Total Monthly Price
$1,260 - $1,770
Odie Apartments
607 W 28th StMinneapolis, MN 55408
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Rent Specials
$1,261 - $1,745
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,206 - $1,690
Required Monthly Fees
$55
Total Monthly Price
$1,261 - $1,745
Wakpada Apartments
4603 Minnehaha AveMinneapolis, MN 55406
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Rent Specials
$1,275 - $1,398
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,200 - $1,323
Required Monthly Fees
$75
Total Monthly Price
$1,275 - $1,398
Marko Apartments
711 8th St SEMinneapolis, MN 55414
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Rent Specials
$1,279 - $2,159
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,275 - $2,155
Required Monthly Fees
$4
Total Monthly Price
$1,279 - $2,159
Lago Apartments
500 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,300 - $2,300
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,245 - $2,245
Required Monthly Fees
$55
Total Monthly Price
$1,300 - $2,300
29 Bryant Apartments
2934 Bryant Ave SMinneapolis, MN 55408
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Rent Specials
$1,300 - $2,465
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available Mar 4Total Monthly Price
Base Rent
$1,300 - $2,465
Total Monthly Price
$1,300 - $2,465
Huxley Apartments
657 22nd Ave NEMinneapolis, MN 55418
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Rent Specials
$1,302 - $2,381
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Mar 10Fourth Street Co-op Apartments
1227 4th St SEMinneapolis, MN 55414
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Rent Specials
$1,303 - $1,454
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,299 - $1,450
Required Monthly Fees
$4
Total Monthly Price
$1,303 - $1,454
Mill City Quarter
300 S 2nd StMinneapolis, MN 55401
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Rent Specials
$1,304 - $2,804
Total Monthly Price12 Month Lease Term
1 to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,300 - $2,800
Required Monthly Fees
$4
Total Monthly Price
$1,304 - $2,804
MPA / Marcy Park Apartments
1015 8th StMinneapolis, MN 55414
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Rent Specials
$1,305 - $5,090
Plus Fees
Studio to 2 Bedroom Apartments Available NowInspire
2837 Emerson Ave SMinneapolis, MN 55408
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Rent Specials
$1,310 - $1,525
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,280 - $1,495
Required Monthly Fees
$30
Total Monthly Price
$1,310 - $1,525
City Limits Apartments
127 E 59th StMinneapolis, MN 55419
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Rent Specials
$1,321 - $2,380
Plus Fees
Studio to 4 Bedroom Apartments Available NowGroove Lofts
608 2nd Ave SMinneapolis, MN 55402
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Rent Specials
$1,331 - $2,397
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowOne Ten Grant
110 W Grant StMinneapolis, MN 55403
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Rent Specials
$1,344 - $3,454
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,330 - $3,440
Required Monthly Fees
$14
Total Monthly Price
$1,344 - $3,454
Track 29 Apartments
2841 Bryant Ave SMinneapolis, MN 55408
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Rent Specials
$1,349 - $1,599
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,249 - $1,499
Required Monthly Fees
$100
Total Monthly Price
$1,349 - $1,599
Gopher Commons 1701
1701-1725 Elm St SEMinneapolis, MN 55414
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Rent Specials
$1,350 - $3,800
Plus Fees
Studio to 3 Bedroom Apartments Available NowLPM Apartments
1369 Spruce PlMinneapolis, MN 55403
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Rent Specials
$1,354 - $1,777
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,351 - $1,774
Required Monthly Fees
$3
Total Monthly Price
$1,354 - $1,777
Red 20 Apartments
20 6th St NEMinneapolis, MN 55413
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Rent Specials
$1,354 - $5,993
Plus Fees
1 to 2 Bedroom Apartments Available NowLowa46
4621 Snelling AveMinneapolis, MN 55406
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 | $1,310 | $640 | $2,380 |
| Minneapolis 1 Bedroom Apartments | $1,584 | $500 | $8,259 |
| Minneapolis 2 Bedroom Apartments | $2,147 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,379 | $495 | $9,831 |
| Minneapolis 4 Bedroom Apartments | $2,141 | $535 | $7,939 |
| Minneapolis 5 Bedroom Apartments | $3,179 | $2,000 | $3,944 |
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 $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 14,485 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 $409 which is $2,308 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.