Cheap Student Apartments for Rent in Minneapolis, MN from $400 (139 Rentals)

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Student Housing Options in Minneapolis.

Cheap Apartments in Minneapolis.

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University Village
$575 - $2,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$575 - $2,150

Total Monthly Price
$575 - $2,150
1 to 4 Bedroom Apartments Available Now

University Village

2515 University Ave SEMinneapolis, MN 55414
Student Housing
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  • Customer Reviewed
  • Utilities Included
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Accolade Minneapolis
$580 - $1,430
Total Monthly Price

Total Monthly Price

Base Rent
$580 - $1,430

Total Monthly Price
$580 - $1,430
Studio to 4 Bedroom Apartments Available Now

Accolade Minneapolis

2650 University AveMinneapolis, MN 55414
Student Housing
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  • Customer Reviewed
  • Utilities Included
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The Marshall
Rent Specials
$580 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$580 - $1,650

Total Monthly Price
$580 - $1,650
1 to 4 Bedroom Apartments Available Now

The Marshall

515 14th Ave SEMinneapolis, MN 55414
Student Housing
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  • Customer Reviewed
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Hub Minneapolis
Rent Specials
$630 - $2,040
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$630 - $2,040

Total Monthly Price
$630 - $2,040
Studio to 4 Bedroom Apartments Available Now

Hub Minneapolis

311 Harvard St SEMinneapolis, MN 55414
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Solhaus Apartments & Tower
Rent Specials
$845 - $1,820
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$845 - $1,820

Total Monthly Price
$845 - $1,820
Studio to 2 Bedroom Apartments Available Now

Solhaus Apartments & Tower

2428 Delaware StMinneapolis, MN 55414
Student Housing
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  • Customer Reviewed
  • 3D Tour

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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The Station at Malcolm Yards
$1,095 - $2,276
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $2,276

Total Monthly Price
$1,095 - $2,276
Studio to 2 Bedroom Apartments Available Now

The Station at Malcolm Yards

485 Malcolm Ave SEMinneapolis, MN 55414
Student Housing
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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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Lago Apartments
Rent Specials
$1,279 - $1,894
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $1,890
Required Monthly Fees
$4

Total Monthly Price
$1,279 - $1,894
Studio to 2 Bedroom Apartments Available Now

Lago Apartments

500 W Lake StMinneapolis, MN 55408
Student Housing
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  • Customer Reviewed
  • 3D Tour
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Spectrum Apartments & Townhomes
$1,299 - $2,979
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $2,975
Required Monthly Fees
$4

Total Monthly Price
$1,299 - $2,979
Studio to 4 Bedroom Apartments Available Now

Spectrum Apartments & Townhomes

815 9th Ave SEMinneapolis, MN 55414
Student Housing
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Huxley Apartments
Rent Specials
$1,300 - $2,465
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $2,465

Total Monthly Price
$1,300 - $2,465
Studio to 2 Bedroom Apartments Available Mar 4

Huxley Apartments

657 22nd Ave NEMinneapolis, MN 55418
Student Housing
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  • Utilities Included
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Gopher Commons 1701
Rent Specials
$1,349 - $1,599
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,249 - $1,499
Required Monthly Fees
$100

Total Monthly Price
$1,349 - $1,599
2 Bedroom Apartments Available Now

Gopher Commons 1701

1701-1725 Elm St SEMinneapolis, MN 55414
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

Deciding Between a Student Apartment or a Dorm?

If you have the option of living off campus in your own apartment...that is the sure fire way to go! Learn a few reasons why. Click below to read more.

property at 433 S 7th St

$1,400 - $2,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 To 2 Bedroom Rentals

Available Now

433 S 7th St

MinneapolisMN55415
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Northstar Dinkytown
2 to 5 Bedroom Apartments

Northstar Dinkytown

1611 8th St SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Identity Dinkytown
Studio to 5 Bedroom Apartments

Identity Dinkytown

407 15th AveMinneapolis, MN 55414
Student Housing
  • Utilities Included
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The Brownstones
1 to 5 Bedroom Apartments

The Brownstones

800 4th St SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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The Station on Washington
Studio to 2 Bedroom Apartments

The Station on Washington

620 Washington Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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FloCo Fusion
1 to 4 Bedroom Apartments

FloCo Fusion

1022 University Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included

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

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

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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 $718.

What is the price of a cheap apartment in Minneapolis?

The cheapest apartment in Minneapolis is 814-8TH which is listed at $760, while the average apartment in Minneapolis costs $2,625.

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 15,469 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 $414 which is $2,211 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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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

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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.

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

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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.