
Cheap Student Apartments for Rent in Minneapolis, MN from $400 (139 Rentals) Page 2 of 3
Student Housing Options in Minneapolis.
Cheap Apartments in Minneapolis.


Fieldhouse

Marcy Park Student Housing Co-op

WaHu Apartments

814-8TH

Fulton Townhomes

707 University

Marshall Student Housing Co-op

Tairrie House

315 11th Ave SE
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

2810 Park Ave

800 University Ave of Marcy Holmes

801 University Ave Se Minneapolis Mn 55414

4422 Nicollet Ave

2536 Lyndale Ave S

Lume

8th on Campus

700 on Washington - Historical Access

621 5th Ave.

1301 University
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

11th on Campus

Chateau Student Housing Cooperative

1724-1732 Rollins Ave

1732 Roliins Ave SE

Oliver & Wendell Apartments

University Terrace Apartments

Argyle House

The Hive

617 10th Avenue SE

310 8th St SE
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.

College Park

Doyle Apartments

823 15th Ave SE

Solhaus Tower

2000 Sharon Ave SE

403 6th St SE

924 17th Ave

1410 Rollins Ave SE

714 4th St

Dinnaken House
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.

limeLIGHT

319 7th Ave SE

The Pavilion on Berry Apartments

Total Monthly Price
88 Cleveland Avenue

Total Monthly Price
2003 Grand Ave

Grand and Finn Apartments

Total Monthly Price
1269 7th St W

Total Monthly Price
Marshall at Finn

1511 Grand Ave

Total Monthly Price
796 Stewart Ave
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
Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,306 | $640 | $2,205 |
| Minneapolis 1 Bedroom Apartments | $1,573 | $500 | $8,329 |
| Minneapolis 2 Bedroom Apartments | $2,119 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,326 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,023 | $535 | $5,341 |
| Minneapolis 5 Bedroom Apartments | $3,247 | $2,000 | $3,800 |
Explore Minneapolis
Minneapolis, MN Area Reviews
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 $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

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

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.

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.