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$500 - $1,000
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityAllianze Sr. Community
7013 Grimes Ave NMinneapolis, MN 55429
Cheap Senior Apartments for Rent in Minneapolis, MN from $300 (64 Rentals)
Senior Living Rental Options.
Cheap Apartments in Minneapolis.
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$655 - $1,717
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowSt. Anne's Senior Housing
2323 26th Ave NMinneapolis, MN 55411
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$960
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityMonroe Village Senior Apartments
1900 Central Ave NEMinneapolis, MN 55418
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Rent Specials
$1,021 - $1,438
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,017 - $1,434
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The Theodore Apartments 55+
2840 N Wayzata BlvdMinneapolis, MN 55405
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$1,181 - $11,885
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,181 - $11,885
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Variant
315 N 7th AveMinneapolis, MN 55401
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$1,300 - $1,450
Plus Fees
1 to 2 Bedroom Apartments Available NowCarrington Drive
6910 Humboldt Ave NMinneapolis, MN 55430
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$1,300 - $1,500
Plus Fees1 Month Lease Term
1 to 2 Bedroom Apartments Available NowRunnstone Senior Living
1509 10th Ave SMinneapolis, MN 55404
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$1,352 - $2,682
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,320 - $2,650
Required Monthly Fees
$32
Total Monthly Price
$1,352 - $2,682
NoLo Living
815 N 2nd StMinneapolis, MN 55401
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Rent Specials
$1,358 - $5,213
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,350 - $5,205
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Vue Apartment Homes
415 Oak G...Minneapolis, MN 55403
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Rent Specials
$1,378 - $3,743
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,370 - $3,735
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Marbella on Dean
3036 W Lake StMinneapolis, MN 55416
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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1 Bedroom Apartments
Ages 62+ Realife Co-Op of Brooklyn Park
3100 85th Ave NMinneapolis, MN 55443
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Studio to 2 Bedroom Apartments
Creekside Gables
7601 Zane AveMinneapolis, MN 55443
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Studio to 2 Bedroom Apartments
The Hillock
4440 Snelling AveMinneapolis, MN 55406
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Studio to 2 Bedroom Apartments
Sabathani Senior Housing
3701 3rd AveMinneapolis, MN 55409
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1 to 2 Bedroom Apartments
Shingle Creek Commons Senior Living 55+
4600 Humboldt Ave NMinneapolis, MN 55412
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Studio to 2 Bedroom Apartments
Calibre Chase
6315 55th Ave NMinneapolis, MN 55428
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1 to 2 Bedroom Apartments
55+ Community- The Crossings at Brookwood
6201 Lilac Dr NMinneapolis, MN 55430
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Studio to 2 Bedroom Apartments
Copperfield Hill two
4020 Lakeland Ave NMinneapolis, MN 55422
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$626 - $1,088
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTreehouse
2319 Highland WaySt. Paul, MN 55116
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Rent Specials
$1,074 - $1,474
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,070 - $1,470
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Minikahda Court Apartments
3504 Minikahda CtSt. Louis Park, MN 55416
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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$1,098 - $1,298
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowHarken
2260 Bohland AveSt. Paul, MN 55116
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$1,098 - $1,209
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowComo by the Lake Senior Apartments
901 Como Blvd ESt. Paul, MN 55103
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$1,121 - $1,590
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Wellington Senior Living 55+
2235 Rockwood AveSt. Paul, MN 55116
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$1,138 - $2,445
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowThe Communities of River Crossing
1735 Graham AveSt. Paul, MN 55116
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$1,150 - $1,250
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowNicollet South Apartments
8848 Nicollet Ave SBloomington, MN 55420
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$1,188 - $1,769
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,138 - $1,719
Required Monthly Fees
$50
Total Monthly Price
$1,188 - $1,769
Harbor at Twin Lakes 55+ Apartments
2730 N Herschel St WRoseville, MN 55113
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$1,195 - $1,395
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,395
Total Monthly Price
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Senior 55+ - Hart Lake Apartments
3839 Hart Blvd NEColumbia Heights, MN 55421
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$1,195 - $1,595
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowGraham Place Senior Living
1745 Graham AveSt. Paul, MN 55116
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Rent Specials
$1,235 - $2,156
Plus Fees
Studio to 2 Bedroom Apartments Available NowAura Age 55 Plus Active Community
6000 Main St NEFridley, MN 55432
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Rent Specials
$1,250 - $1,799
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowFalcon Heights Town Square Senior Apartments
1532 Larpenteur Ave WFalcon Heights, MN 55113
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Rent Specials
$1,250 - $1,850
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Shores - 62 + Community
3150 Lexington Ave NShoreview, MN 55126
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Rent Specials
$1,275 - $1,775
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,275 - $1,775
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Royal Oaks Apartments
8015 36th Ave NNew Hope, MN 55427
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Rent Specials
$1,275 - $1,717
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,275 - $1,717
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The Rosalyn | Affordable Senior 55+ Apartments in Bloomington - NOW OPEN!
700 American Blvd WBloomington, MN 55420
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$1,289 - $2,629
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,289 - $2,629
Total Monthly Price
$1,289 - $2,629
Arrive 4301
4301 Park Glen RdSt. Louis Park, MN 55416
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$1,300
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowBroadway Court Senior Apartments
4600 W 41st Ave NRobbinsdale, MN 55422
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Rent Specials
$1,345
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowYorktown Continental
7151 York Ave SEdina, MN 55435
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$1,350 - $1,515
Plus Fees
2 Bedroom Apartments Available Now55+ Community - The Landings on Ninth
990 9th Ave NWNew Brighton, MN 55112
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$1,366 - $1,671
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available Jul 1Total Monthly Price
Base Rent
$1,345 - $1,650
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Cottage Villas of Arden Hills
3744 Cleveland Ave NArden Hills, MN 55112
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$1,381 - $2,014
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,321 - $1,954
Required Monthly Fees
$60
Total Monthly Price
$1,381 - $2,014
The Legends at Berry 62+ Apartments
777 Berry StSt. Paul, MN 55114
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$1,395 - $1,986
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,395 - $1,986
Total Monthly Price
$1,395 - $1,986
Oaks Landing 55+ Apartments
700 NW 7th StNew Brighton, MN 55112
When Life Happens: Your Options for Ending a Rental Lease Early
Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.
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$1,428 - $1,706
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Legends at Silver Lake Village 55+ Apartments
2500 38th Ave NESt. Anthony, MN 55421
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Rent Specials
$1,435 - $5,016
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Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,435 - $5,016
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740 River Drive
740 Mississippi River Blvd SSt. Paul, MN 55116
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$1,439 - $1,717
Total Monthly Price
1 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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1 Bedroom Apartments
Pleasant Ave Apartments
6401-6421 Pleasant AveRichfield, MN 55423
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1 to 2 Bedroom Apartments
Silver Lake Pointe 55+
2701 County Road IMounds View, MN 55112
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1 to 2 Bedroom Apartments
Cedar Court West Apartments
8910 18th Ave SBloomington, MN 55425
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1 Bedroom Apartments
7501 Penn
7501 Penn Ave SRichfield, MN 55423
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1 to 2 Bedroom Apartments
Parklawn Apartments
4251 Parklawn AveEdina, MN 55435
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1 to 2 Bedroom Apartments
Brighton Pond Apartments
333 10th St NWNew Brighton, MN 55112
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1 to 3 Bedroom Apartments
Villas of Mounds View - Age 55+
4889 Old Highway 8Mounds View, MN 55112
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 | $1,318 | $595 | $2,883 |
| Minneapolis 1 Bedroom Apartments | $1,641 | $500 | $6,779 |
| Minneapolis 2 Bedroom Apartments | $2,188 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,572 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,330 | $649 | $10,000+ |
| Minneapolis 5 Bedroom Apartments | $3,443 | $2,100 | $9,044 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
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- Local Counties
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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.
Read Article
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Minneapolis, MN Rentals by Map
See the most popular apartments and homes in Minneapolis, MN
Minneapolis, MN Area Reviews
Do you know the Minneapolis area?
Let everyone know!
Write a Review
Stephanie • 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 $760.
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 $3,367.
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 9,925 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 $406 which is $2,961 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
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.