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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 $400 (68 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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$977 - $1,450
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Studio to 2 Bedroom Apartments Available NowCarrington Drive
6910 Humboldt Ave NMinneapolis, MN 55430
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$1,203 - $1,438
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,199 - $1,434
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The Theodore Apartments 55+
2840 N Wayzata BlvdMinneapolis, MN 55405
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$1,238 - $5,693
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,230 - $5,685
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Vue Apartment Homes
415 Oak G...Minneapolis, MN 55403
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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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$1,320 - $2,694
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,288 - $2,662
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$32
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$1,320 - $2,694
NoLo Living
815 N 2nd StMinneapolis, MN 55401
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$1,327 - $11,629
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Studio to 2 Bedroom Apartments Available May 11Total Monthly Price
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$1,327 - $11,629
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Variant
315 N 7th AveMinneapolis, MN 55401
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$1,363 - $3,268
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,355 - $3,260
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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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$1,548 - $6,018
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,540 - $6,010
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Maverick
120 Hennepin AveMinneapolis, MN 55401
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$1,595 - $7,850
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,595 - $7,850
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NIC on 5th
465 Nicollet MallMinneapolis, MN 55401
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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
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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$971 - $1,088
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTreehouse
2319 Highland WaySt. Paul, MN 55116
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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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$1,145 - $1,250
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowNicollet South Apartments
8848 Nicollet Ave SBloomington, MN 55420
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$1,155 - $2,025
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Communities of River Crossing
1735 Graham AveSt. Paul, MN 55116
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$1,185 - $2,196
Plus Fees
Studio to 2 Bedroom Apartments Available NowAura Age 55 Plus Active Community
6000 Main St NEFridley, MN 55432
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$1,187 - $1,717
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,187 - $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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$1,195 - $1,395
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,195 - $1,395
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Senior 55+ - Hart Lake Apartments
3839 Hart Blvd NEColumbia Heights, MN 55421
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$1,219 - $1,539
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,210 - $1,530
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Minikahda Court Apartments
3504 Minikahda CtSt. Louis Park, MN 55416
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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$1,250 - $1,845
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowFalcon Heights Town Square Senior Apartments
1532 Larpenteur Ave WFalcon Heights, MN 55113
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$1,270 - $1,790
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,265 - $1,785
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Royal Oaks Apartments
8015 36th Ave NNew Hope, MN 55427
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$1,308 - $1,987
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,308 - $1,987
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$1,308 - $1,987
Oaks Landing 55+ Apartments
700 NW 7th StNew Brighton, MN 55112
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$1,336 - $1,546
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1 to 2 Bedroom Apartments Available Jun 1Total Monthly Price
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$1,315 - $1,525
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Cottage Villas of Arden Hills
3744 Cleveland Ave NArden Hills, MN 55112
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$1,349 - $2,489
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,349 - $2,489
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$1,349 - $2,489
Arrive 4301
4301 Park Glen RdSt. Louis Park, MN 55416
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$1,350 - $1,515
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2 Bedroom Apartments Available Now55+ Community - The Landings on Ninth
990 9th Ave NWNew Brighton, MN 55112
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$1,404 - $1,682
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,404 - $1,682
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Osceola Place, a 55+ Community
260 Osceola Ave SSt. Paul, MN 55102
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$1,425 - $1,748
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2 Bedroom Apartments Available NowTotal Monthly Price
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$1,375 - $1,698
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$50
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$1,425 - $1,748
Harbor at Twin Lakes 55+ Apartments
2730 N Herschel St WRoseville, MN 55113
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$1,427 - $1,598
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,367 - $1,538
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$60
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$1,427 - $1,598
The Legends at Berry 62+ Apartments
777 Berry StSt. Paul, MN 55114
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$1,428 - $1,706
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Legends at Silver Lake
2500 38th Ave NESt. Anthony, MN 55421
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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$1,435 - $5,016
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Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
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$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 - $1,738
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,439 - $1,738
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$1,439 - $1,738
The Legends of Columbia Heights 55+ Living
3700 Huset PkyColumbia Heights, MN 55421
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$1,440 - $2,405
Plus Fees
1 to 3 Bedroom Apartments Available NowSomerset Oaks Apartments and Townhomes
7400 Oak Park Village DrSt. Louis Park, MN 55426
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$1,550 - $5,000
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available May 22Vintage on Selby
1555 Selby AveSt. Paul, MN 55104
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$1,580 - $2,340
Plus Fees
1 to 3 Bedroom Apartments Available NowVictoria Place Apartments
2250 Victoria St NRoseville, MN 55113
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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
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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 | $1,326 | $640 | $3,188 |
| Minneapolis 1 Bedroom Apartments | $1,618 | $500 | $7,349 |
| Minneapolis 2 Bedroom Apartments | $2,192 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,658 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $1,955 | $649 | $10,000+ |
| Minneapolis 5 Bedroom Apartments | $3,787 | $2,200 | $10,000+ |
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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleEnjoy 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 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 $745.
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 $3,152.
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 13,010 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 $386 which is $2,766 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.