Cheap Apartments for Rent in Minneapolis, MN from $400 with Swimming Pool (214 Rentals)

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Search the lowest-cost Apartments available for rent right now in Minneapolis.

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Studios at 7 Corners
$945 - $995
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895 - $945
Required Monthly Fees
$50
Total Monthly Price
$945 - $995
Studio Apartments Available Now

Studios at 7 Corners

1414 S 3rd StMinneapolis, MN 55454
Pet Friendly
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Cedars 94
$963 - $1,825
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$959 - $1,821
Required Monthly Fees
$4
Total Monthly Price
$963 - $1,825
Studio to 2 Bedroom Apartments Available Now

Cedars 94

2220 E Franklin AveMinneapolis, MN 55404
Corporate Housing
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Laurel Village
Rent Specials
$1,065 - $2,300
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For Availability

Laurel Village

1254 Hennepin Ave NMinneapolis, MN 55403
Transit Friendly
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  • Utilities Included

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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Flux
$1,192 - $4,933
Plus Fees
Studio to 2 Bedroom Apartments Available Now

Flux

2838 Fremont Ave SMinneapolis, MN 55408
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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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Inspire
Rent Specials
$1,305 - $5,355
Plus Fees
Studio to 2 Bedroom Apartments Available Now

Inspire

2837 Emerson Ave SMinneapolis, MN 55408
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It's time to soak up some sun!

One of the easiest and more obvious ways of enjoying the summer sun is to lounge out by your community pool. Learn a Few Rules to Keep in Mind while at the pool.

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The Larking
Rent Specials
$1,317 - $12,061
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,259 - $12,003
Required Monthly Fees
$58
Total Monthly Price
$1,317 - $12,061
Studio to 3 Bedroom Apartments Available Now

The Larking

615 S 8th StMinneapolis, MN 55404
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The Bohen Apartments
Rent Specials
$1,346 - $3,727
Total Monthly Price

Total Monthly Price

Base Rent
$1,240 - $3,621
Required Monthly Fees
$106
Total Monthly Price
$1,346 - $3,727
Studio to 3 Bedroom Apartments Available Now

The Bohen Apartments

2851 Hennepin AveMinneapolis, MN 55408
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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.

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Rafter
Rent Specials
$1,426 - $9,333
Plus Fees
Studio to 3 Bedroom Apartments Available Now

Rafter

333 E Hennepin AveMinneapolis, MN 55414
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Moment
Rent Specials
$1,434 - $5,165
Total Monthly Price

Total Monthly Price

Base Rent
$1,384 - $5,115
Required Monthly Fees
$50
Total Monthly Price
$1,434 - $5,165
Studio to 2 Bedroom Apartments Available Now

Moment

650 Portland Ave SMinneapolis, MN 55415
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Talo
$1,439 - $5,656
Total Monthly Price

Total Monthly Price

Base Rent
$1,431 - $5,648
Required Monthly Fees
$8
Total Monthly Price
$1,439 - $5,656
Studio to 3 Bedroom Apartments Available Now

Talo

5100 Wayzata BlvdMinneapolis, MN 55416
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Be @ Axon Green
Rent Specials
$1,504 - $4,529
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $4,525
Required Monthly Fees
$4
Total Monthly Price
$1,504 - $4,529
Studio to 2 Bedroom Apartments Available Now

Be @ Axon Green

3144 Chowen Ave SMinneapolis, MN 55416
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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.

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Showing Results 1-50, Page 1 of 5

Minneapolis, MN Local Guide

Quick 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.

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Pet Friendly Lifestyle
Minneapolis, MN

Ranked #1

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Minneapolis, MN Rentals by Map

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See the most popular apartments and homes in Minneapolis, MN

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Getting Around Minneapolis, MN

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

83 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Minneapolis, MN Area Reviews

  • Parks
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  • Outdoor Access
  • Cost of Living
  • Safety

Stephanie • 4+ 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 the Cheapest Studio apartment in Minneapolis?

Currently the most affordable Cheap Studio Apartment in Minneapolis is at Paige Hall listed at $551.

How much is rent for a Cheap One Bedroom Minneapolis Apartment?

The lowest price for a Cheap One Bedroom Minneapolis Apartment is $500 at Allianze Sr. Community.

What is the lowest price for a Cheap Two Bedroom Minneapolis Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Minneapolis is starting from $504 at Yugo Minneapolis Sydney Hall.

What is the most affordable Minneapolis Three Bedroom Apartment?

The best deal on a cheap Minneapolis Three Bedroom Apartment rental is at Radius and starts from $495.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.