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$1,169 - $2,745
Plus Fees
Studio to 2 Bedroom Apartments Available NowSoo Line Building City Apartments
101 S 5th StMinneapolis, MN 55402
Top Rated Cheap Apartments for Rent in Minneapolis, MN from $400 (321 Rentals) Page 2 of 7
Top Rated Apartments in Minneapolis.
Cheap Apartments in Minneapolis.
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$1,174 - $4,448
Plus Fees
1 to 2 Bedroom Apartments Available NowRevel
1300 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,177 - $1,842
Plus Fees
Studio to 1 Bedroom Apartments Available NowThe Abbey Apartments
47 Spruce PlMinneapolis, MN 55403
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Rent Specials
$1,185 - $3,121
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,177 - $3,113
Required Monthly Fees
$8
Total Monthly Price
$1,185 - $3,121
Uptown Lake Apartments
1212 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,185 - $4,175
Plus Fees
Studio to 3 Bedroom Apartments Available NowVue Apartment Homes
415 Oak G...Minneapolis, MN 55403
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$1,188 - $1,917
Plus Fees
Studio to 2 Bedroom Apartments Available Oct 17Oaks Station Place
3550 E 46th StMinneapolis, MN 55406
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Rent Specials
$1,195 - $1,269
Plus Fees
Studio Apartments Available NowGood Dwelling: Live Your Best Life!
2640 Nicollet AveMinneapolis, MN 55408
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.
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$1,200 - $1,425
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available Now1040 Como Ave SE
1040 Como Ave SEMinneapolis, MN 55414
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$1,200
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Oct 1Northumberland Apartments
4220 Winnetka Ave NMinneapolis, MN 55428
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$1,200 - $2,700
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Available Now617 10th Avenue SE
617 10th Ave SEMinneapolis, MN 55414
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$1,201 - $3,147
Plus Fees
Studio to 3 Bedroom Apartments Available NowLoring Park
1300 Yale PlMinneapolis, MN 55403
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Rent Specials
$1,205 - $2,025
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,205 - $2,025
Total Monthly Price
$1,205 - $2,025
2920 Dean Parkway Apartments
2920 Dean PkyMinneapolis, MN 55416
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$1,212 - $4,957
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,192 - $4,937
Required Monthly Fees
$20
Total Monthly Price
$1,212 - $4,957
Flux
2838 Fremont Ave SMinneapolis, MN 55408
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Rent Specials
$1,220 - $12,061
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,162 - $12,003
Required Monthly Fees
$58
Total Monthly Price
$1,220 - $12,061
The Larking
615 S 8th StMinneapolis, MN 55404
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$1,225 - $1,595
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowStone Arch I
601-701 Main St SEMinneapolis, MN 55414
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$1,225 - $2,025
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,150 - $1,950
Required Monthly Fees
$75
Total Monthly Price
$1,225 - $2,025
Marko Apartments
711 8th St SEMinneapolis, MN 55414
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$1,235 - $2,725
Plus Fees
Studio to 2 Bedroom Apartments Available Now1010 Lofts
1010 S 7th StMinneapolis, MN 55415
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Rent Specials
$1,240 - $1,950
Plus Fees
Studio to 2 Bedroom Apartments Available NowMinneapolis Grand Apartments
2401 Chicago AveMinneapolis, MN 55404
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Rent Specials
$1,240 - $1,630
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowFair Oaks Apartment Homes
2421 3rd Ave SMinneapolis, MN 55404
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Rent Specials
$1,240 - $1,518
Plus Fees
Studio to 2 Bedroom Apartments Available NowLumos Apartments
2826 Girard Ave SMinneapolis, MN 55408
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.
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$1,245 - $1,395
Plus Fees
Studio to 2 Bedroom Apartments Available NowWakpada Apartments
4603 Minnehaha AveMinneapolis, MN 55406
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$1,249 - $1,275
Plus Fees
1 Bedroom Apartments Available NowMoDI Apartments
2015 Lyndale AveMinneapolis, MN 55405
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Rent Specials
$1,250
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Now310 8th St SE
310 8th St SEMinneapolis, MN 55414
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Rent Specials
$1,255 - $1,655
Plus Fees
1 Bedroom Apartments Available Now311 Kenwood Apartments
311 Kenwood PkyMinneapolis, MN 55403
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$1,255
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,175
Required Monthly Fees
$80
Total Monthly Price
$1,255
Isles West
1115-1125 W 28th StMinneapolis, MN 55408
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Rent Specials
$1,268 - $3,230
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,262 - $3,224
Required Monthly Fees
$6
Total Monthly Price
$1,268 - $3,230
HQ Apartments
816 Portland Ave SMinneapolis, MN 55404
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.
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Rent Specials
$1,270 - $2,858
Plus Fees
1 to 3 Bedroom Apartments Available NowWalkway
1320 W Lake StMinneapolis, MN 55408
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$1,274 - $2,200
Plus Fees
Studio to 2 Bedroom Apartments Available NowOaks Minnehaha Longfellow
5329 48th Ave SMinneapolis, MN 55417
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$1,275 - $1,795
Plus Fees
Studio to 1 Bedroom Apartments Available NowHiawatha Flats
3625 E 43rd StMinneapolis, MN 55406
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$1,275 - $1,950
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Metro Apartments
90 S 9th StMinneapolis, MN 55402
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Rent Specials
$1,279 - $3,194
Plus Fees
Studio to 3 Bedroom Apartments Available NowBoutique 28
2817 Girard Ave SMinneapolis, MN 55408
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$1,289 - $2,589
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,275 - $2,575
Required Monthly Fees
$14
Total Monthly Price
$1,289 - $2,589
Track 29 Apartments
2841 Bryant Ave SMinneapolis, MN 55408
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Rent Specials
$1,295 - $3,569
Plus Fees
Studio to 2 Bedroom Apartments Available NowSora
600 S 5th AveMinneapolis, MN 55415
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$1,300 - $1,650
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityKarinsplass Apartments
2015 Riverside AveMinneapolis, MN 55454
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Rent Specials
$1,300 - $2,695
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,250 - $2,645
Required Monthly Fees
$50
Total Monthly Price
$1,300 - $2,695
Rosa Apartments | MPLS
4201 Nicollet AveMinneapolis, MN 55409
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Rent Specials
$1,305 - $5,570
Plus Fees
Studio to 3 Bedroom Apartments Available Oct 1Viridium Apartments
721 N Third StMinneapolis, MN 55401
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Rent Specials
$1,307 - $2,822
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,127 - $2,642
Required Monthly Fees
$180
Total Monthly Price
$1,307 - $2,822
Hencen
455 Central Ave SEMinneapolis, MN 55414
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$1,307 - $1,711
Plus Fees
1 to 2 Bedroom Apartments Available NowLux Apartments
6100 Summit Dr NMinneapolis, MN 55430
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$1,318 - $2,825
Plus Fees
Studio to 3 Bedroom Apartments Available NowMill District City Club Apartments
225 Portland AveMinneapolis, MN 55401
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
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Rent Specials
$1,320 - $3,450
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,310 - $3,440
Required Monthly Fees
$10
Total Monthly Price
$1,320 - $3,450
4Marq
400 Marquette AveMinneapolis, MN 55401
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$1,321 - $2,276
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Station at Malcolm Yards
485 Malcolm Ave SEMinneapolis, MN 55414
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Rent Specials
$1,325 - $5,155
Plus Fees
Studio to 2 Bedroom Apartments Available NowInspire
2837 Emerson Ave SMinneapolis, MN 55408
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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
$1,336 - $3,655
Plus Fees
Studio to 2 Bedroom Apartments Available NowEast End
240 Chicago AveMinneapolis, MN 55415
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Rent Specials
$1,342 - $3,370
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,167 - $3,195
Required Monthly Fees
$175
Total Monthly Price
$1,342 - $3,370
Frances
1030 NE Main StMinneapolis, MN 55413
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Rent Specials
$1,346 - $3,582
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,321 - $3,557
Required Monthly Fees
$25
Total Monthly Price
$1,346 - $3,582
Foundry Lake Street
3118 West Lake StMinneapolis, MN 55416
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$1,348 - $1,827
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowFive15 on the Park
515 15th Ave SMinneapolis, MN 55454
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Rent Specials
$1,349 - $1,699
Plus Fees
1 to 2 Bedroom Apartments Available NowDakar on Lake
1626 E Lake StMinneapolis, MN 55407
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Rent Specials
$1,350 - $1,895
Plus Fees
1 to 2 Bedroom Apartments Available Now3725 Stinson
3725 Stinson BlvdMinneapolis, MN 55421
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
Let everyone know!
Do you know the Minneapolis area?
If you’re an expert on all things Minneapolis, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 ReviewStephanie • 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.