close
View Me
Rent Specials
$1,210 - $1,500
Plus Fees
Studio to 2 Bedroom Apartments Available NowDeco 265
265 Girard Ave NMinneapolis, MN 55405
Cheap Apartments for Rent in Minneapolis, MN from $400 with Washer/Dryer (402 Rentals) Page 2 of 9
Search the lowest-cost Apartments available for rent right now in Minneapolis.
close
View Me
Rent Specials
$1,223 - $4,101
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,215 - $4,093
Required Monthly Fees
$8
Total Monthly Price
$1,223 - $4,101
Uptown Lake Apartments
1212 W Lake StMinneapolis, MN 55408
close
View Me
$1,235 - $2,725
Plus Fees
Studio to 2 Bedroom Apartments Available Now1010 Lofts
1010 S 7th StMinneapolis, MN 55415
close
View Me
$1,245
Plus Fees
1 Bedroom Apartments Contact Us For Availability416 Property LLC
416 10th Ave NMinneapolis, MN 55401
close
View Me
$1,250 - $2,550
Plus Fees
Studio to 2 Bedroom Apartments Available NowMill District City Club
225 Portland AveMinneapolis, MN 55401
close
View Me
$1,250
Total Monthly Price7 Month Lease Term
2 Bedroom Apartment Available Feb 1, 2026Total Monthly Price
Base Rent
$1,250
Total Monthly Price
$1,250
1015 20th Ave SE, Unit 2
1015 20th Ave SEMinneapolis, MN 55414
close
View Me
$1,250
Plus Fees
1 Bedroom Apartments Available Now3606 N Bryant Ave
3606 N Bryant AveMinneapolis, MN 55412
close
View Me
$1,250
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,250
Total Monthly Price
$1,250
1428 Madison St NE
1428 Madison St NEMinneapolis, MN 55413
close
View Me
Rent Specials
$1,254 - $1,499
Plus Fees
Studio to 3 Bedroom Apartments Available NowLyndy Apartments
2905 Harriet Ave SMinneapolis, MN 55408
close
View Me
$1,257 - $3,550
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,257 - $3,550
Total Monthly Price
$1,257 - $3,550
Luna
2520 8th St SMinneapolis, MN 55454
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.
close
View Me
$1,261 - $1,690
Plus Fees
Studio to 2 Bedroom Apartments Available Jan 12, 2026Third North Apartments
800 N 3rd StMinneapolis, MN 55401
close
View Me
Rent Specials
$1,262 - $4,293
Plus Fees
Studio to 3 Bedroom Apartments Available NowSoo Line
101 S 5th StMinneapolis, MN 55402
close
View Me
Rent Specials
$1,266 - $3,070
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,091 - $2,895
Required Monthly Fees
$175
Total Monthly Price
$1,266 - $3,070
The Julia
80 Broadway St NEMinneapolis, MN 55413
close
View Me
$1,275 - $1,950
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Metro Apartments
90 S 9th StMinneapolis, MN 55402
close
View Me
$1,275 - $2,435
Plus Fees
Studio to 2 Bedroom Apartments Available NowHiawatha Flats
3625 E 43rd StMinneapolis, MN 55406
close
View Me
Rent Specials
$1,276 - $3,864
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,248 - $3,836
Required Monthly Fees
$28
Total Monthly Price
$1,276 - $3,864
430 Oak Grove
430 Oak Grove StMinneapolis, MN 55403
close
View Me
Rent Specials
$1,279 - $1,894
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,275 - $1,890
Required Monthly Fees
$4
Total Monthly Price
$1,279 - $1,894
Lago Apartments
500 W Lake StMinneapolis, MN 55408
close
View Me
$1,280 - $2,895
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,215 - $2,830
Required Monthly Fees
$65
Total Monthly Price
$1,280 - $2,895
Akin Apartments
3536 Nicollet AveMinneapolis, MN 55408
close
View Me
Rent Specials
$1,281 - $2,851
Plus Fees
Studio to 3 Bedroom Apartments Available NowHQ Apartments
816 Portland Ave SMinneapolis, MN 55404
close
View Me
$1,285
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Bessemer at Seward Commons
2220 Snelling AveMinneapolis, 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.
close
View Me
Rent Specials
$1,289 - $3,828
Plus Fees
1 to 2 Bedroom Apartments Available NowBeck46
4020 Nawadaha BlvdMinneapolis, MN 55406
close
View Me
Rent Specials
$1,294 - $5,661
Plus Fees
1 to 2 Bedroom Apartments Available NowLowa46
4621 Snelling AveMinneapolis, MN 55406
close
View Me
$1,295
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThe Bryn
2823 Wayzata BlvdMinneapolis, MN 55405
924 21st Ave S
MinneapolisMN55404
close
View Me
Rent Specials
$1,297 - $2,210
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,287 - $2,200
Required Monthly Fees
$10
Total Monthly Price
$1,297 - $2,210
Oaks Minnehaha Longfellow
5329 48th Ave SMinneapolis, MN 55417
close
View Me
Rent Specials
$1,300 - $2,465
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available Jan 2, 2026Total Monthly Price
Base Rent
$1,300 - $2,465
Total Monthly Price
$1,300 - $2,465
Huxley Apartments
657 22nd Ave NEMinneapolis, MN 55418
close
View Me
$1,300 - $1,880
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,245 - $1,825
Required Monthly Fees
$55
Total Monthly Price
$1,300 - $1,880
Kolo Apartments
3616 Bryant Ave SouthMinneapolis, MN 55409
close
View Me
Rent Specials
$1,300 - $1,540
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,245 - $1,485
Required Monthly Fees
$55
Total Monthly Price
$1,300 - $1,540
Wakpada Apartments
4603 Minnehaha AveMinneapolis, MN 55406
close
View Me
$1,300 - $1,650
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityKarinsplass Apartments
2015 Riverside AveMinneapolis, MN 55454
3429 2nd Ave S
MinneapolisMN55408
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
close
View Me
Rent Specials
$1,307 - $1,650
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,252 - $1,595
Required Monthly Fees
$55
Total Monthly Price
$1,307 - $1,650
Lumos Apartments
2826 Girard Ave SMinneapolis, MN 55408
close
View Me
Rent Specials
$1,311 - $2,430
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Palmer
600 N 5th StMinneapolis, MN 55401
close
View Me
$1,315
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,295
Required Monthly Fees
$20
Total Monthly Price
$1,315
Motiv Apartments
1006 W 24th StMinneapolis, MN 55405
close
View Me
Rent Specials
$1,316 - $2,396
Plus Fees
Studio to 4 Bedroom Apartments Available NowGroove Lofts
608 2nd Ave SMinneapolis, MN 55402
close
View Me
Rent Specials
$1,317 - $2,930
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Asher
1125 Lagoon AveMinneapolis, MN 55408
close
View Me
Rent Specials
$1,321 - $2,276
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,321 - $2,276
Total Monthly Price
$1,321 - $2,276
The Station at Malcolm Yards
485 Malcolm Ave SEMinneapolis, MN 55414
close
View Me
Rent Specials
$1,324 - $12,063
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,290 - $12,029
Required Monthly Fees
$34
Total Monthly Price
$1,324 - $12,063
365 Nicollet
365 Nicollet MallMinneapolis, MN 55401
close
View Me
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
close
View Me
Rent Specials
$1,344 - $3,327
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,329 - $3,312
Required Monthly Fees
$15
Total Monthly Price
$1,344 - $3,327
The Laker
2500 2nd St NEMinneapolis, MN 55418
close
View Me
$1,349 - $2,749
Total Monthly Price
1 to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,345 - $2,745
Required Monthly Fees
$4
Total Monthly Price
$1,349 - $2,749
Spectrum Apartments & Townhomes
815 9th Ave SEMinneapolis, MN 55414
close
View Me
$1,350 - $1,750
Plus Fees
1 Bedroom Apartments Available NowCreamette Historic Lofts
432 1st St NMinneapolis, MN 55401
close
View Me
$1,350 - $3,476
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,330 - $3,456
Required Monthly Fees
$20
Total Monthly Price
$1,350 - $3,476
Grain Belt
1215 Marshall St NEMinneapolis, MN 55413
close
View Me
$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
close
View Me
Rent Specials
$1,351 - $4,020
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,270 - $3,939
Required Monthly Fees
$81
Total Monthly Price
$1,351 - $4,020
The Bohen Apartments
2851 Hennepin AveMinneapolis, MN 55408
close
View Me
Rent Specials
$1,355 - $2,050
Plus Fees
1 to 2 Bedroom Apartments Available Now3725 Stinson
3725 Stinson BlvdMinneapolis, MN 55421
close
View Me
Rent Specials
$1,361 - $2,680
Plus Fees
Studio to 3 Bedroom Apartments Available Now1500 Nicollet
1500 Nicollet Ave SMinneapolis, MN 55403
close
View Me
$1,365 - $1,465
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,345 - $1,445
Required Monthly Fees
$20
Total Monthly Price
$1,365 - $1,465
Parkway West Apartments
4556 S 46th AveMinneapolis, MN 55406
close
View Me
Rent Specials
$1,368 - $2,775
Plus Fees
Studio to 2 Bedroom Apartments Available NowEast End
240 Chicago AveMinneapolis, MN 55415
close
View Me
Rent Specials
$1,370 - $4,955
Plus Fees
Studio to 2 Bedroom Apartments Available NowInspire
2837 Emerson Ave SMinneapolis, MN 55408
close
View Me
Rent Specials
$1,374 - $1,919
Plus Fees
1 to 2 Bedroom Apartments Available NowELEVATE Apartment Homes
1117 Marquette 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 | $1,307 | $640 | $5,541 |
| Minneapolis 1 Bedroom Apartments | $1,540 | $500 | $5,800 |
| Minneapolis 2 Bedroom Apartments | $2,156 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,408 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,114 | $479 | $7,953 |
| Minneapolis 5 Bedroom Apartments | $3,430 | $2,450 | $3,895 |
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
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 $717.
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 $2,716.
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 13,017 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 $439 which is $2,277 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
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.
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.
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.
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
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.
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.
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!