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$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
Cheap Apartments for Rent in Minneapolis, MN from $400 with Washer/Dryer (403 Rentals) Page 2 of 9
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$1,209 - $4,736
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,196 - $4,723
Required Monthly Fees
$13
Total Monthly Price
$1,209 - $4,736
Revel
1300 W Lake StMinneapolis, MN 55408
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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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$1,244 - $2,730
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowHQ Apartments
816 Portland Ave SMinneapolis, MN 55404
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Rent Specials
$1,245 - $2,545
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $2,495
Required Monthly Fees
$50
Total Monthly Price
$1,245 - $2,545
Rosa Apartments | MPLS
4201 Nicollet AveMinneapolis, MN 55409
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$1,248 - $2,858
Plus Fees
1 to 3 Bedroom Apartments Available NowWalkway
1320 W Lake StMinneapolis, MN 55408
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$1,250 - $3,475
Plus Fees12 Month Lease Term
1 to 5 Bedroom Apartments Available Now525 Tenth Dinkytown Apartments Student Rental
525 10th Ave SEMinneapolis, MN 55414
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$1,250
Plus Fees
1 Bedroom Apartments Available Now3606 N Bryant Ave
3606 N Bryant AveMinneapolis, MN 55412
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Rent Specials
$1,256 - $3,844
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,228 - $3,816
Required Monthly Fees
$28
Total Monthly Price
$1,256 - $3,844
430 Oak Grove
430 Oak Grove StMinneapolis, MN 55403
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Rent Specials
$1,258 - $3,943
Plus Fees
Studio to 4 Bedroom Apartments Available NowGroove Lofts
608 2nd Ave SMinneapolis, MN 55402
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
$1,272 - $2,781
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,092 - $2,601
Required Monthly Fees
$180
Total Monthly Price
$1,272 - $2,781
Hencen
455 Central Ave SEMinneapolis, MN 55414
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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
$1,275
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityMoDI Apartments
2015 Lyndale AveMinneapolis, MN 55405
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Rent Specials
$1,275 - $3,805
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,217 - $3,747
Required Monthly Fees
$58
Total Monthly Price
$1,275 - $3,805
Duffey Lofts
528 N Washington AveMinneapolis, MN 55401
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$1,275 - $1,530
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,220 - $1,475
Required Monthly Fees
$55
Total Monthly Price
$1,275 - $1,530
Wakpada Apartments
4603 Minnehaha AveMinneapolis, MN 55406
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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
$1,275 - $1,890
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,275 - $1,890
Total Monthly Price
$1,275 - $1,890
Lago Apartments
500 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,284 - $2,210
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,274 - $2,200
Required Monthly Fees
$10
Total Monthly Price
$1,284 - $2,210
Oaks Minnehaha Longfellow
5329 48th Ave SMinneapolis, MN 55417
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$1,292 - $2,762
Plus Fees
Studio to 2 Bedroom Apartments Available NowEast End
240 Chicago AveMinneapolis, MN 55415
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$1,294 - $7,418
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,286 - $7,410
Required Monthly Fees
$8
Total Monthly Price
$1,294 - $7,418
Variant
315 N 7th 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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$1,295
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThe Bryn
2823 Wayzata BlvdMinneapolis, MN 55405
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Rent Specials
$1,295 - $1,573
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,240 - $1,518
Required Monthly Fees
$55
Total Monthly Price
$1,295 - $1,573
Lumos Apartments
2826 Girard Ave SMinneapolis, MN 55408
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$1,295 - $1,595
Plus Fees
1 to 2 Bedroom Apartments Available Now416 Flats
416 10th Ave NMinneapolis, MN 55401
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Rent Specials
$1,298 - $1,875
Plus Fees
Studio to 3 Bedroom Apartments Available NowLyndy Apartments
2905 Harriet Ave SMinneapolis, MN 55408
3063 Virginia Ave S
MinneapolisMN55426
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$1,300
Plus Fees
2 Bedroom Apartments Available Nov 153913 37th Ave S
3913 37th Ave SMinneapolis, MN 55406
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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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$1,300 - $2,465
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,300 - $2,465
Total Monthly Price
$1,300 - $2,465
Huxley Apartments
657 22nd Ave NEMinneapolis, MN 55418
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$1,300 - $1,675
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,245 - $1,620
Required Monthly Fees
$55
Total Monthly Price
$1,300 - $1,675
Kolo Apartments
3616 Bryant Ave SouthMinneapolis, MN 55409
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Rent Specials
$1,305 - $5,570
Plus Fees
Studio to 3 Bedroom Apartments Available NowViridium Apartments
721 N Third StMinneapolis, MN 55401
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$1,320 - $1,335
Plus Fees
Studio Apartments Available NowMill District City Club Apartments
225 Portland AveMinneapolis, MN 55401
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$1,320
Plus Fees
2 Bedroom Apartments Available Now2832 S 31st Ave
2832 S 31st AveMinneapolis, MN 55406
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Rent Specials
$1,321 - $2,276
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Station at Malcolm Yards
485 Malcolm Ave SEMinneapolis, MN 55414
650 Portland Ave
MinneapolisMN55415
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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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$1,337 - $4,293
Plus Fees
Studio to 3 Bedroom Apartments Available NowSoo Line
101 S 5th StMinneapolis, MN 55402
1342 Johnson St NE
MinneapolisMN55413
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$1,350
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,350
Total Monthly Price
$1,350
2621 Colfax Ave S, Unit 1
2621 Colfax Ave SMinneapolis, MN 55408
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$1,350 - $2,050
Plus Fees
1 to 2 Bedroom Apartments Available Now3725 Stinson
3725 Stinson BlvdMinneapolis, MN 55421
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$1,353 - $12,862
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,345 - $12,854
Required Monthly Fees
$8
Total Monthly Price
$1,353 - $12,862
365 Nicollet
365 Nicollet MallMinneapolis, MN 55401
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$1,359 - $1,950
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowThe Arrow Apartments
117 27th Ave SEMinneapolis, MN 55414
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$1,360 - $2,744
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,295 - $2,679
Required Monthly Fees
$65
Total Monthly Price
$1,360 - $2,744
Akin Apartments
3536 Nicollet AveMinneapolis, MN 55408
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$1,361 - $4,706
Plus Fees
1 to 2 Bedroom Apartments Available NowLowa46
4621 Snelling AveMinneapolis, MN 55406
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$1,365 - $1,615
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,345 - $1,595
Required Monthly Fees
$20
Total Monthly Price
$1,365 - $1,615
Parkway West Apartments
4556 S 46th AveMinneapolis, MN 55406
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$1,366 - $2,712
Plus Fees
Studio to 3 Bedroom Apartments Available Now1500 Nicollet
1500 Nicollet Ave SMinneapolis, MN 55403
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Rent Specials
$1,379 - $1,543
Total Monthly Price
Studio to 2 Bedroom Apartments Available Nov 11Total Monthly Price
Base Rent
$1,364 - $1,528
Required Monthly Fees
$15
Total Monthly Price
$1,379 - $1,543
Arris Blaine
9460 Ulysses St NEMinneapolis, MN 55434
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$1,379 - $2,749
Total Monthly Price
1 to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,375 - $2,745
Required Monthly Fees
$4
Total Monthly Price
$1,379 - $2,749
Spectrum Apartments & Townhomes
815 9th Ave SEMinneapolis, MN 55414
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$1,389 - $3,307
Plus Fees
Studio to 2 Bedroom Apartments Available Nov 11Green on 4th
2949 SE 4th StMinneapolis, MN 55414
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Rent Specials
$1,390 - $4,098
Plus Fees
1 to 2 Bedroom Apartments Available NowBeck46
4020 Nawadaha BlvdMinneapolis, MN 55406
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Rent Specials
$1,390 - $4,695
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Hall Lofts
608 N 3rd StMinneapolis, 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 | $1,283 | $640 | $4,545 |
| Minneapolis 1 Bedroom Apartments | $1,550 | $500 | $6,500 |
| Minneapolis 2 Bedroom Apartments | $2,179 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,382 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $1,880 | $499 | $5,341 |
| Minneapolis 5 Bedroom Apartments | $3,530 | $2,200 | $4,095 |
| Minneapolis 6 Bedroom Apartments | $3,714 | $850 | $4,795 |
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 $695.
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 $2,659.
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 14,763 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 $440 which is $2,219 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.
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.