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$500 - $1,000
Plus Fees
1 Bedroom Apartments Available NowAllianze Sr. Community
7013 Grimes Ave NMinneapolis, MN 55429
Cheap Senior Apartments for Rent in Minneapolis, MN from $400 (67 Rentals)
Senior Living Rental Options.
Cheap Apartments in Minneapolis.
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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
Plus Fees
Studio to 2 Bedroom Apartments Available NowCarrington Drive
6910 Humboldt Ave NMinneapolis, MN 55430
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$1,103 - $8,517
Plus Fees
Studio to 2 Bedroom Apartments Available NowVariant
315 N 7th AveMinneapolis, MN 55401
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$1,200 - $4,080
Plus Fees
Studio to 2 Bedroom Apartments Available NowMarbella on Dean
3036 W Lake StMinneapolis, MN 55416
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Rent Specials
$1,203 - $1,438
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Theodore Apartments 55+
2840 N Wayzata BlvdMinneapolis, MN 55405
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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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Rent Specials
$1,400 - $6,445
Plus Fees
Studio to 3 Bedroom Apartments Available NowVue Apartment Homes
415 Oak G...Minneapolis, MN 55403
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Rent Specials
$1,401 - $2,512
Plus Fees
Studio to 2 Bedroom Apartments Available NowNoLo Living
815 N 2nd StMinneapolis, MN 55401
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$1,540 - $7,765
Plus Fees
Studio to 3 Bedroom Apartments Available NowMaverick
120 Hennepin AveMinneapolis, MN 55401
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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Rent Specials
$1,575 - $5,425
Plus Fees
Studio to 3 Bedroom Apartments Available NowNIC 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
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Studio to 2 Bedroom Apartments
222 Hennepin
222 Hennepin AveMinneapolis, MN 55401
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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$626 - $1,088
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available Apr 30Treehouse
2319 Highland WaySt. Paul, MN 55116
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$692 - $2,150
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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$918 - $1,298
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowHarken
2260 Bohland AveSt. Paul, MN 55116
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Rent Specials
$1,045 - $1,400
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowChardon Court Apartments 55+
5700 Boone Ave NNew Hope, MN 55428
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$1,048 - $1,719
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
$1,108 - $1,539
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowMinikahda Court Apartments
3504 Minikahda CtSt. Louis Park, MN 55416
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Rent Specials
$1,121 - $1,590
Plus Fees
1 to 2 Bedroom Apartments Available Now55+ The Wellington of Saint Paul
2235 Rockwood AveSt. Paul, MN 55116
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$1,145 - $1,150
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowNicollet South Apartments
8848 Nicollet Ave SBloomington, MN 55420
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$1,165 - $1,698
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowHarbor at Twin Lakes 55+ Apartments
2730 N Herschel St WRoseville, MN 55113
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$1,185 - $1,425
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityCottage Villas of Arden Hills
3744 Cleveland Ave NArden Hills, 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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Rent Specials
$1,187 - $1,978
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowThe Rosalyn | Affordable Senior 55+ Apartments in Bloomington - NOW OPEN!
700 American Blvd WBloomington, MN 55420
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$1,195 - $1,395
Plus Fees
1 to 2 Bedroom Apartments Available May 1Senior 55+ - Hart Lake Apartments
3839 Hart Blvd NEColumbia Heights, MN 55421
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Rent Specials
$1,204 - $1,790
Plus Fees
Studio to 2 Bedroom Apartments Available NowRoyal Oaks Apartments
8015 36th Ave NNew Hope, MN 55427
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Rent Specials
$1,240 - $2,076
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
$1,257 - $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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$1,285 - $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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$1,318 - $1,923
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Legends at Berry 62+ Apartments
777 Berry StSt. Paul, MN 55114
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Rent Specials
$1,327 - $1,699
Plus Fees
1 to 3 Bedroom Apartments Available NowOaks Landing 55+ Apartments
700 NW 7th StNew Brighton, MN 55112
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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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$1,399 - $2,769
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,399 - $2,769
Total Monthly Price
$1,399 - $2,769
Arrive 4301
4301 Park Glen RdSt. Louis Park, MN 55416
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.
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$1,439 - $1,690
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Legends of Columbia Heights 55+ Living
3700 Huset PkyColumbia Heights, MN 55421
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$1,440 - $2,265
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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$1,452 - $4,556
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowVintage on Selby
1555 Selby AveSt. Paul, MN 55104
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Rent Specials
$1,480 - $5,016
Plus Fees
1 to 4 Bedroom Apartments Available Now740 River Drive
740 Mississippi River Blvd SSt. Paul, MN 55116
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$1,541 - $2,464
Plus Fees
Studio to 3 Bedroom Apartments Available Now71 France
7161 France Ave SEdina, MN 55435
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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
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.
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
Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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
The 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 $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.