Cheap Apartments for Rent in Minneapolis, MN from $400 with Washer/Dryer (400 Rentals)

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

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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Miro
$990 - $2,655
Total Monthly Price

Total Monthly Price

Base Rent
$990 - $2,655
Total Monthly Price
$990 - $2,655
Studio to 2 Bedroom Apartments Available Now

Miro

1207 Glenwood AveMinneapolis, MN 55405
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Overland Apartments
Rent Specials
$1,000 - $1,630
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,575
Required Monthly Fees
$55
Total Monthly Price
$1,000 - $1,630
Studio to 2 Bedroom Apartments Available Now

Overland Apartments

2325 E 38th St EMinneapolis, MN 55406
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LaSalle Apartments
$1,000 - $1,644
Total Monthly Price

Total Monthly Price

Base Rent
$985 - $1,629
Required Monthly Fees
$15
Total Monthly Price
$1,000 - $1,644
Studio to 1 Bedroom Apartments Available Mar 5

LaSalle Apartments

36 S 9th StMinneapolis, MN 55402
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Oaks Hiawatha Station
Rent Specials
$1,034 - $2,037
Total Monthly Price

Total Monthly Price

Base Rent
$1,017 - $2,020
Required Monthly Fees
$17
Total Monthly Price
$1,034 - $2,037
Studio to 2 Bedroom Apartments Available Jan 31

Oaks Hiawatha Station

4540 Snelling AveMinneapolis, MN 55406
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Satori
Rent Specials
$1,043 - $3,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,035 - $3,207
Required Monthly Fees
$8
Total Monthly Price
$1,043 - $3,215
1 to 2 Bedroom Apartments Available Now

Satori

835 W Broadway AveMinneapolis, MN 55411
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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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Everlake Apartments
$1,050 - $2,035
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050 - $2,035
Total Monthly Price
$1,050 - $2,035
Studio to 2 Bedroom Apartments Available Now

Everlake Apartments

2615 E 29th StMinneapolis, MN 55406
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Windsor Gates
Rent Specials
$1,059 - $1,529
Total Monthly Price

Total Monthly Price

Base Rent
$995 - $1,465
Required Monthly Fees
$64
Total Monthly Price
$1,059 - $1,529
1 to 2 Bedroom Apartments Available Now

Windsor Gates

6200 78th Ave NMinneapolis, MN 55443
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Alexander Apartments
$1,065 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,010 - $1,595
Required Monthly Fees
$55
Total Monthly Price
$1,065 - $1,650
Studio to 2 Bedroom Apartments Available Now

Alexander Apartments

3224-3236 Girard AveMinneapolis, MN 55408
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Flats at Malcolm Yards
Rent Specials
$1,071 - $1,739
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,067 - $1,735
Required Monthly Fees
$4
Total Monthly Price
$1,071 - $1,739
1 to 2 Bedroom Apartments Available Now

Flats at Malcolm Yards

505 SE Malcolm AveMinneapolis, MN 55414
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Rosa Apartments | MPLS
Rent Specials
$1,075 - $2,826
Total Monthly Price

Total Monthly Price

Base Rent
$1,025 - $2,776
Required Monthly Fees
$50
Total Monthly Price
$1,075 - $2,826
Studio to 2 Bedroom Apartments Available Now

Rosa Apartments | MPLS

4201 Nicollet AveMinneapolis, MN 55409
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Mission Lofts
Rent Specials
$1,088 - $1,758
Total Monthly Price

Total Monthly Price

Base Rent
$1,029 - $1,699
Required Monthly Fees
$59
Total Monthly Price
$1,088 - $1,758
Studio to 1 Bedroom Apartments Available Now

Mission Lofts

1219 W 31st StMinneapolis, MN 55408
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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.

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Variant
$1,120 - $6,184
Total Monthly Price

Total Monthly Price

Base Rent
$1,112 - $6,176
Required Monthly Fees
$8
Total Monthly Price
$1,120 - $6,184
Studio to 2 Bedroom Apartments Available Now

Variant

315 N 7th AveMinneapolis, MN 55401
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Luna
$1,140 - $3,478
Total Monthly Price

Total Monthly Price

Base Rent
$1,140 - $3,478
Total Monthly Price
$1,140 - $3,478
Studio to 2 Bedroom Apartments Available Now

Luna

2520 8th St SMinneapolis, MN 55454
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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

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Fuller Park Flats
$1,150 - $1,395
Total Monthly Price14 Month Lease Term

Total Monthly Price

Base Rent
$1,150 - $1,395
Total Monthly Price
$1,150 - $1,395
Studio Apartments Available Now

Fuller Park Flats

4738 Grand Ave SMinneapolis, MN 55419
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Odie Apartments
$1,190 - $1,690
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,645
Required Monthly Fees
$45
Total Monthly Price
$1,190 - $1,690
Studio to 2 Bedroom Apartments Available Now

Odie Apartments

607 W 28th StMinneapolis, MN 55408
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Nox Apartments
Rent Specials
$1,200 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,595
Required Monthly Fees
$55
Total Monthly Price
$1,200 - $1,650
Studio to 2 Bedroom Apartments Available Now

Nox Apartments

2703 Girard Ave SMinneapolis, MN 55408
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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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Minneapolis, MN Local Guide

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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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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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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Enjoy 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.

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

Explore Minneapolis, MN Rentals by Map

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Minneapolis, MN Area Reviews

  • Parks
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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 $489 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

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

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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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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.

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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.

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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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!