
Top Rated Cheap Apartments for Rent in Minneapolis, MN from $333 (262 Rentals) Page 2 of 6
Top Rated Apartments in Minneapolis.
Cheap Apartments in Minneapolis.


Total Monthly Price
Huxley Apartments

Total Monthly Price
Isles East

Total Monthly Price
The Metro Apartments

Total Monthly Price
Karinsplass Apartments

Total Monthly Price
Overland Apartments

Total Monthly Price
Stone Arch I

Total Monthly Price
430 Oak Grove

Total Monthly Price
Third North Apartments

Total Monthly Price
Track 29 Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Total Monthly Price
N&E

Total Monthly Price
Tula

Total Monthly Price
Bowler Lofts

Total Monthly Price
Spectrum Apartments & Townhomes

Total Monthly Price
The Bohen Apartments

Total Monthly Price
270 Hennepin

Total Monthly Price
Rafter

Total Monthly Price
The Laker

Total Monthly Price
Fulton Terrace

Total Monthly Price
Tree Tops Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Total Monthly Price
Junction Flats

Total Monthly Price
Talo

Total Monthly Price
Moment

Total Monthly Price
Kenwood Gables

Total Monthly Price
Inspire

Total Monthly Price
MN46 Apartments

Total Monthly Price
3725 Stinson

Total Monthly Price
Wakpada Apartments

Total Monthly Price
The Palmer

Total Monthly Price
Diamond Pointe Apartments
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.

Total Monthly Price
Lowa46

Total Monthly Price
New Boston Square

Total Monthly Price
Gatsby Apartments

Total Monthly Price
The Station at Malcolm Yards

Total Monthly Price
Snelling Yards

Total Monthly Price
Mill City Quarter

Total Monthly Price
Mill City Apartments

Total Monthly Price
Sora

Total Monthly Price
Lake Harriet Commons

Total Monthly Price
Green on 4th
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.

Total Monthly Price
Beck46

Northside Artspace Lofts

Marcy Park Student Housing Co-op

East Town Apartments

Tairrie House

Pleasant Apartments

E 36th St Apartments

Twin Court Apartments

Savannah

1220 Main St NE
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.
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 | $1,318 | $635 | $2,370 |
| Minneapolis 1 Bedroom Apartments | $1,619 | $500 | $6,629 |
| Minneapolis 2 Bedroom Apartments | $2,185 | $280 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,557 | $437 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,537 | $649 | $6,364 |
| Minneapolis 5 Bedroom Apartments | $3,532 | $650 | $7,911 |
Browse Top Apartments in Minneapolis
See all Apartments in MinneapolisExplore 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 $695.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is Haverhill Apartments which is listed at $782, while the average apartment in Minneapolis costs $1,693.
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 11,004 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 $474 which is $1,219 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

Authentic Minneapolis: An Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.