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$761 - $1,615
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Buckingham / The Commodore / The Parkway Apartments
1500 LaSalle AveMinneapolis, MN 55403
Cheap Apartments for Rent in Minneapolis, MN from $400 with Swimming Pool (206 Rentals)
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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Rent Specials
$964 - $1,826
Total Monthly Price1 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$959 - $1,821
Required Monthly Fees
$5
Total Monthly Price
$964 - $1,826
Cedars 94
2220 E Franklin AveMinneapolis, MN 55404
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Rent Specials
$1,013 - $3,646
Plus Fees
Studio to 2 Bedroom Apartments Available NowAxon Green
3140 Chowen Ave SMinneapolis, MN 55416
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Rent Specials
$1,045
Total Monthly Price12 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
Base Rent
$995
Required Monthly Fees
$50
Total Monthly Price
$1,045
Studios at 7 Corners
1414 S 3rd StMinneapolis, MN 55454
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Rent Specials
$1,050 - $4,396
Plus Fees
Studio to 2 Bedroom Apartments Available NowArtistry on 10th
95 S 10th StMinneapolis, MN 55403
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Rent Specials
$1,099 - $1,680
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowColony Apartment Homes
1740 1/2 W 76th StMinneapolis, MN 55423
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Rent Specials
$1,100 - $2,500
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowLaurel Village
1254 Hennepin Ave NMinneapolis, MN 55403
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Rent Specials
$1,109 - $2,744
Plus Fees
Studio to 2 Bedroom Apartments Available NowMarquee
1410 Nicollet AveMinneapolis, MN 55403
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Rent Specials
$1,119 - $1,529
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,055 - $1,465
Required Monthly Fees
$64
Total Monthly Price
$1,119 - $1,529
Windsor Gates
6200 78th Ave NMinneapolis, MN 55443
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Rent Specials
$1,120 - $1,545
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,120 - $1,545
Total Monthly Price
$1,120 - $1,545
Chelsea Park
4200 45th 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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Rent Specials
$1,129 - $1,919
Plus Fees
1 to 2 Bedroom Apartments Available NowELEVATE Apartment Homes
1117 Marquette AveMinneapolis, MN 55403
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$1,150
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowNorthumberland Apartments
4220 Winnetka Ave NMinneapolis, MN 55428
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$1,153 - $1,377
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,153 - $1,377
Total Monthly Price
$1,153 - $1,377
Everlake Apartments
2615 E 29th StMinneapolis, MN 55406
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$1,155 - $1,822
Plus Fees
Studio to 2 Bedroom Apartments Available Jan 23, 2026ReNew Minnehaha
6045 Lyndale AveMinneapolis, MN 55419
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$1,160 - $1,460
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,095 - $1,395
Required Monthly Fees
$65
Total Monthly Price
$1,160 - $1,460
Lake West on France
3028 Ewing Ave SMinneapolis, MN 55416
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Rent Specials
$1,160 - $6,395
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowThe Larking
615 S 8th StMinneapolis, MN 55404
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Rent Specials
$1,165 - $2,235
Plus Fees
1 Bedroom Apartments Available NowRidgewood Arches
221-229 Ridgewood AveMinneapolis, MN 55403
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$1,189 - $2,089
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowMinnehaha 94
1901 Minnehaha AveMinneapolis, MN 55404
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Rent Specials
$1,219 - $3,454
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,205 - $3,440
Required Monthly Fees
$14
Total Monthly Price
$1,219 - $3,454
Track 29 Apartments
2841 Bryant Ave SMinneapolis, MN 55408
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$1,250 - $2,550
Plus Fees
Studio to 2 Bedroom Apartments Available NowMill District City Club
225 Portland 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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Rent Specials
$1,260 - $2,286
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,260 - $2,286
Total Monthly Price
$1,260 - $2,286
Sora
600 S 5th AveMinneapolis, MN 55415
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$1,275 - $2,435
Plus Fees
Studio to 2 Bedroom Apartments Available NowHiawatha Flats
3625 E 43rd StMinneapolis, MN 55406
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Rent Specials
$1,281 - $2,851
Plus Fees
Studio to 3 Bedroom Apartments Available NowHQ Apartments
816 Portland Ave SMinneapolis, MN 55404
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Rent Specials
$1,285 - $4,695
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Hall Lofts
608 N 3rd StMinneapolis, MN 55403
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$1,328 - $3,410
Plus Fees
1 to 2 Bedroom Apartments Available NowChurchill
111 Marquette Ave SMinneapolis, MN 55401
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Rent Specials
$1,331 - $2,397
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowOne Ten Grant
110 W Grant StMinneapolis, MN 55403
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Rent Specials
$1,344 - $3,327
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,329 - $3,312
Required Monthly Fees
$15
Total Monthly Price
$1,344 - $3,327
The Laker
2500 2nd St NEMinneapolis, MN 55418
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Rent Specials
$1,346 - $3,950
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,265 - $3,869
Required Monthly Fees
$81
Total Monthly Price
$1,346 - $3,950
The Bohen Apartments
2851 Hennepin AveMinneapolis, MN 55408
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$1,349 - $2,749
Total Monthly Price
1 to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,345 - $2,745
Required Monthly Fees
$4
Total Monthly Price
$1,349 - $2,749
Spectrum Apartments & Townhomes
815 9th Ave SEMinneapolis, MN 55414
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Rent Specials
$1,355 - $2,930
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Asher
1125 Lagoon AveMinneapolis, MN 55408
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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Rent Specials
$1,359 - $2,845
Plus Fees
Studio to 2 Bedroom Apartments Available NowEast End
240 Chicago AveMinneapolis, MN 55415
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$1,360 - $1,695
Total Monthly Price
2 to 3 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,360 - $1,695
Total Monthly Price
$1,360 - $1,695
Robin Court
4400 45th Ave NMinneapolis, MN 55422
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Rent Specials
$1,376 - $4,721
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,363 - $4,708
Required Monthly Fees
$13
Total Monthly Price
$1,376 - $4,721
Revel
1300 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,384 - $4,329
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,380 - $4,325
Required Monthly Fees
$4
Total Monthly Price
$1,384 - $4,329
Be @ Axon Green
3144 Chowen Ave SMinneapolis, MN 55416
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Rent Specials
$1,395 - $4,960
Plus Fees
Studio to 2 Bedroom Apartments Available NowInspire
2837 Emerson Ave SMinneapolis, MN 55408
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$1,397 - $2,946
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Grand Mill District
313 Washington Ave SMinneapolis, MN 55415
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$1,400 - $4,080
Plus Fees
Studio to 3 Bedroom Apartments Available NowLPM Apartments
1369 Spruce PlMinneapolis, MN 55403
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$1,405 - $3,295
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Gateway at West Lake Quarter
3430 List PlMinneapolis, MN 55416
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$1,415 - $2,195
Plus Fees
Studio to 2 Bedroom Apartments Available NowMill City Apartments
625 2nd StMinneapolis, MN 55401
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$1,438 - $3,789
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,434 - $3,785
Required Monthly Fees
$4
Total Monthly Price
$1,438 - $3,789
The Paxon
360 N 1st StMinneapolis, MN 55401
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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Rent Specials
$1,445 - $6,975
Plus Fees
Studio to 3 Bedroom Apartments Available Now4th and Park
700 S 4th StMinneapolis, MN 55415
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$1,450 - $5,624
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,442 - $5,616
Required Monthly Fees
$8
Total Monthly Price
$1,450 - $5,624
Variant
315 N 7th AveMinneapolis, MN 55401
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Rent Specials
$1,453 - $12,037
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,445 - $12,029
Required Monthly Fees
$8
Total Monthly Price
$1,453 - $12,037
365 Nicollet
365 Nicollet MallMinneapolis, MN 55401
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Rent Specials
$1,470 - $3,581
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,445 - $3,556
Required Monthly Fees
$25
Total Monthly Price
$1,470 - $3,581
Foundry Lake Street
3118 West Lake StMinneapolis, MN 55416
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$1,475 - $4,265
Plus Fees
Studio to 2 Bedroom Apartments Available NowBlue and Lime
2922 Aldrich Ave SMinneapolis, MN 55408
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$1,490 - $1,690
Plus Fees
Studio to 2 Bedroom Apartments Available NowThird North Apartments
800 N 3rd StMinneapolis, MN 55401
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Rent Specials
$1,495 - $8,355
Plus Fees
Studio to 3 Bedroom Apartments Available NowNIC on 5th
465 Nicollet MallMinneapolis, MN 55401
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$1,499 - $4,847
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,414 - $4,762
Required Monthly Fees
$85
Total Monthly Price
$1,499 - $4,847
Talo
5100 Wayzata BlvdMinneapolis, MN 55416
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$1,508 - $6,443
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,490 - $6,425
Required Monthly Fees
$18
Total Monthly Price
$1,508 - $6,443
Junction Flats
643 N 5th StMinneapolis, MN 55401
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$1,515 - $2,366
Plus Fees
1 to 2 Bedroom Apartments Available NowWalkway
1320 W Lake StMinneapolis, MN 55408
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 | $5,541 |
| Minneapolis 1 Bedroom Apartments | $1,542 | $500 | $5,800 |
| Minneapolis 2 Bedroom Apartments | $2,157 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,388 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,147 | $479 | $5,341 |
| Minneapolis 5 Bedroom Apartments | $3,487 | $2,450 | $3,895 |
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 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.
Pet Friendly LifestyleMinneapolis, MN
Ranked #1
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
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
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 $717.
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 $2,640.
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 13,943 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 $442 which is $2,198 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
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.