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$725 - $1,695
Plus Fees1 Month Lease Term
Studio to 3 Bedroom Apartments Available Oct 7Rose
1928 Portland AveMinneapolis, MN 55404
Top Rated Cheap Apartments for Rent in Minneapolis, MN from $400 (321 Rentals)
Top Rated Apartments in Minneapolis.
Cheap Apartments in Minneapolis.
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$775 - $975
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowLoring Manor Apartments
1512-1518 Spruce PlMinneapolis, MN 55403
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Rent Specials
$777 - $1,132
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$760 - $1,115
Required Monthly Fees
$17
Total Monthly Price
$777 - $1,132
Haverhill Apartments
32-34 Spruce PlMinneapolis, MN 55403
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$788 - $1,598
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Buckingham / The Commodore / The Parkway Apartments
1500 LaSalle AveMinneapolis, MN 55403
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$825 - $1,280
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilitySt. Anthony Village
320 7th St SEMinneapolis, MN 55414
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Rent Specials
$829 - $1,776
Plus Fees
Studio to 3 Bedroom Apartments Available NowPark & Franklin Lofts
1935 Park AveMinneapolis, MN 55404
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$835 - $1,000
Plus Fees1 Month Lease Term
Studio to 1 Bedroom Apartments Available NowBest Apartments
2006-2008 Park AveMinneapolis, MN 55404
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Rent Specials
$850 - $2,594
Plus Fees
Studio to 2 Bedroom Apartments Available Now22 on the River
22 27th Ave SEMinneapolis, MN 55414
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Rent Specials
$850 - $1,000
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowOak Grove Apartment Hotel
230 Oak Grove StMinneapolis, MN 55403
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.
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$875 - $1,330
Plus Fees
Studio to 2 Bedroom Apartments Available Now2001 Bryant Ave S
2001 Bryant Ave SMinneapolis, MN 55405
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$895 - $1,385
Plus Fees
1 to 2 Bedroom Apartments Available NowGrove 94
215 Oak Grove StMinneapolis, MN 55403
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Rent Specials
$925 - $1,575
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowAbbott Apartments
110 18th St EMinneapolis, MN 55403
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$945 - $1,045
Plus Fees
Studio to 1 Bedroom Apartments Available NowAVID
3431 Dupont Ave SMinneapolis, MN 55408
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Rent Specials
$945 - $1,645
Plus Fees
Studio to 2 Bedroom Apartments Available Now29 Bryant Apartments
2934 Bryant Ave SMinneapolis, MN 55408
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$945 - $1,225
Plus Fees
Studio to 2 Bedroom Apartments Available NowOverland Apartments
2325 E 38th St EMinneapolis, MN 55406
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$949 - $999
Plus Fees
1 Bedroom Apartments Contact Us For Availability1524 LaSalle Ave - Boutique Brownstone
1524 Lasalle AveMinneapolis, MN 55403
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$963 - $1,825
Total Monthly Price1 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$959 - $1,821
Required Monthly Fees
$4
Total Monthly Price
$963 - $1,825
Cedars 94
2220 E Franklin AveMinneapolis, MN 55404
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Rent Specials
$980 - $1,490
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Endurance
725 8th St SEMinneapolis, MN 55414
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$985
Plus Fees
1 Bedroom Apartments Available NowCampus East Apartments: Your Perfect Home
615 15th Ave SEMinneapolis, MN 55414
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Rent Specials
$995 - $1,235
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowEast River Terrace
2101 E River TerMinneapolis, MN 55414
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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$995 - $1,250
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowPortage Apartments
3146 W Bde Maka Ska BlvdMinneapolis, MN 55416
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$999 - $1,395
Plus Fees12 Month Lease Term
Studio Apartments Contact Us For AvailabilityLocal 15
1501 Como Ave SEMinneapolis, MN 55414
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Rent Specials
$999 - $1,442
Plus Fees
Studio to 1 Bedroom Apartments Available NowSouthsider
3029 22nd AveMinneapolis, MN 55407
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Rent Specials
$1,000 - $1,644
Total Monthly Price
Studio to 1 Bedroom Apartments Available Oct 1Total Monthly Price
Base Rent
$985 - $1,629
Required Monthly Fees
$15
Total Monthly Price
$1,000 - $1,644
LaSalle Apartments
36 S 9th StMinneapolis, MN 55402
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$1,000 - $2,100
Plus Fees
Studio to 4 Bedroom Apartments Available NowEast Village
1423 S 11th AveMinneapolis, MN 55404
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$1,000 - $3,110
Plus Fees
Studio to 2 Bedroom Apartments Available NowBlue and Lime
2922 Aldrich Ave SMinneapolis, MN 55408
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$1,003 - $1,755
Plus Fees
Studio to 2 Bedroom Apartments Available NowB-Side
3027 22nd Ave SMinneapolis, MN 55407
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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$1,010 - $1,455
Plus Fees
Studio to 2 Bedroom Apartments Available NowBroadway Flats
2505 Penn Ave NMinneapolis, MN 55411
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$1,017 - $2,020
Plus Fees
Studio to 2 Bedroom Apartments Available Dec 6Oaks Hiawatha Station
4540 Snelling AveMinneapolis, MN 55406
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Rent Specials
$1,028 - $1,341
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowThe Central
3503 2nd Ave SMinneapolis, MN 55408
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Rent Specials
$1,034 - $1,422
Plus Fees
Studio to 2 Bedroom Apartments Available NowOdie Apartments
607 W 28th StMinneapolis, MN 55408
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Rent Specials
$1,042 - $1,230
Plus Fees
Studio to 1 Bedroom Apartments Available NowRivergate Apartments
115 2nd Ave SMinneapolis, MN 55401
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Rent Specials
$1,047 - $3,754
Plus Fees
Studio to 2 Bedroom Apartments Available NowAxon Green
3140 Chowen Ave SMinneapolis, MN 55416
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$1,067 - $1,735
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Sep 30Flats at Malcolm Yards
505 SE Malcolm AveMinneapolis, MN 55414
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$1,068 - $2,712
Plus Fees
Studio to 2 Bedroom Apartments Available NowArtistry on 10th
95 S 10th StMinneapolis, MN 55403
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Rent Specials
$1,070 - $2,370
Plus Fees
Studio to 3 Bedroom Apartments Available NowNico East
1725 Nicollet AveMinneapolis, MN 55403
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Rent Specials
$1,071 - $2,930
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Asher
1125 Lagoon AveMinneapolis, MN 55408
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Rent Specials
$1,075 - $3,375
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,075 - $3,375
Total Monthly Price
$1,075 - $3,375
Kenwood Gables
700 Douglas AveMinneapolis, MN 55403
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$1,095 - $1,275
Plus Fees1 Month Lease Term
Studio Apartments Available NowAberdeen Apartments
500 E 14th StMinneapolis, MN 55404
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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Rent Specials
$1,095 - $1,395
Plus Fees
Studio to 1 Bedroom Apartments Available NowArrive Loring Park
18 W 15th StMinneapolis, MN 55403
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$1,095 - $1,670
Plus Fees
Studio to 2 Bedroom Apartments Available NowNox Apartments
2703 Girard Ave SMinneapolis, MN 55408
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$1,099 - $1,995
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,099 - $1,995
Total Monthly Price
$1,099 - $1,995
Everlake Apartments
2615 E 29th StMinneapolis, MN 55406
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Rent Specials
$1,099 - $3,039
Plus Fees
Studio to 2 Bedroom Apartments Available NowMarquee
1410 Nicollet AveMinneapolis, MN 55403
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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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$1,100
Plus Fees
1 Bedroom Apartments Available Oct 10Loring Park Flats
330 Oak Grove StMinneapolis, MN 55403
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$1,108 - $2,678
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,080 - $2,650
Required Monthly Fees
$28
Total Monthly Price
$1,108 - $2,678
430 Oak Grove
430 Oak Grove StMinneapolis, MN 55403
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$1,125 - $1,365
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Bessemer at Seward Commons
2220 Snelling AveMinneapolis, MN 55404
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$1,125 - $1,995
Plus Fees
Studio to 2 Bedroom Apartments Available NowStation 38 Apartments
3725 29th Ave SMinneapolis, MN 55406
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Rent Specials
$1,130 - $4,095
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Whit
2201 Blaisdell AveMinneapolis, MN 55404
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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Rent Specials
$1,145 - $1,755
Plus Fees
1 Bedroom Apartments Available NowRidgewood Arches
221-229 Ridgewood AveMinneapolis, MN 55403
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 | $1,290 | $640 | $3,535 |
| Minneapolis 1 Bedroom Apartments | $1,553 | $500 | $6,720 |
| Minneapolis 2 Bedroom Apartments | $2,183 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,492 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,430 | $495 | $8,272 |
| Minneapolis 5 Bedroom Apartments | $3,372 | $1,995 | $6,850 |
| Minneapolis 6 Bedroom Apartments | $3,340 | $850 | $4,650 |
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
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.
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 $699.
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 $2,847.
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 12,897 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 $377 which is $2,470 cheaper than the average rent for all rentals in Minneapolis.
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.
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.
Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide
Written by: Amber Kanuckel
Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.
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.