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$1,192 - $4,933
Plus Fees
Studio to 2 Bedroom Apartments Available NowFlux
2838 Fremont Ave SMinneapolis, MN 55408
Cheap Apartments for Rent in Minneapolis, MN from $400 with Washer/Dryer (412 Rentals) Page 2 of 9
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$1,195 - $2,095
Plus Fees10 Month Lease Term
Studio to 2 Bedroom Apartments Available NowDeco 265
265 Girard Ave NMinneapolis, MN 55405
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$1,195 - $1,245
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Gables
1200 W Franklin AveMinneapolis, MN 55405
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$1,198 - $4,489
Plus Fees
1 to 2 Bedroom Apartments Available NowRevel
1300 W Lake StMinneapolis, MN 55408
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$1,200 - $1,475
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,150 - $1,425
Required Monthly Fees
$50
Total Monthly Price
$1,200 - $1,475
Mission Lofts
1219 W 31st StMinneapolis, MN 55408
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$1,200
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,200
Total Monthly Price
$1,200
3105 16th Ave S, Unit Three
3105 16th Ave SMinneapolis, MN 55407
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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
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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$1,220 - $3,195
Plus Fees
Studio to 3 Bedroom Apartments Available NowFrances
1030 NE Main StMinneapolis, MN 55413
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$1,232 - $2,277
Plus Fees
Studio to 2 Bedroom Apartments Contact Us For AvailabilityTrack 29 City Apartments
2841 Bryant Ave SMinneapolis, MN 55408
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$1,234 - $1,875
Plus Fees
Studio to 3 Bedroom Apartments Available NowLyndy Apartments
2905 Harriet Ave SMinneapolis, 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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$1,240 - $1,950
Plus Fees
Studio to 2 Bedroom Apartments Available NowMinneapolis Grand Apartments
2401 Chicago AveMinneapolis, MN 55404
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$1,240 - $1,499
Plus Fees
1 Bedroom Apartments Available NowMOD42 Apartments
4200 S 32nd AveMinneapolis, MN 55406
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$1,245 - $1,395
Plus Fees
Studio to 2 Bedroom Apartments Available NowWakpada Apartments
4603 Minnehaha AveMinneapolis, MN 55406
1010 S 7th St
MinneapolisMN55415
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$1,250 - $2,355
Plus Fees
Studio to 2 Bedroom Apartments Available Oct 2Third North Apartments
800 N 3rd StMinneapolis, MN 55401
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.
15 S 1st St
MinneapolisMN55401
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$1,254 - $2,915
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Asher
1125 Lagoon AveMinneapolis, MN 55408
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Rent Specials
$1,259 - $2,858
Plus Fees
1 to 3 Bedroom Apartments Available NowWalkway
1320 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,262 - $3,251
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowHQ Apartments
816 Portland Ave SMinneapolis, MN 55404
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$1,263 - $2,760
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Laker
2500 2nd St NEMinneapolis, MN 55418
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$1,265 - $1,610
Plus Fees12 Month Lease Term
Studio to 4 Bedroom Apartments Available NowTimber & Tie
900 14th Ave NEMinneapolis, MN 55413
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Rent Specials
$1,268 - $3,599
Plus Fees
Studio to 3 Bedroom Apartments Available NowFoundry Lake Street
3118 West Lake StMinneapolis, MN 55416
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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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$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
Plus Fees
1 Bedroom Apartments Available Sep 203237 Grand Ave S
3237 Grand Ave SMinneapolis, MN 55408
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Rent Specials
$1,279 - $1,650
Plus Fees
Studio to 2 Bedroom Apartments Available NowCoze Flats
628 University Ave SEMinneapolis, MN 55414
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$1,285 - $3,080
Plus Fees
Studio to 2 Bedroom Apartments Available NowBlue and Lime
2922 Aldrich Ave SMinneapolis, MN 55408
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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$1,287 - $2,200
Plus Fees
Studio to 2 Bedroom Apartments Available NowOaks Minnehaha Longfellow
5329 48th Ave SMinneapolis, MN 55417
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Rent Specials
$1,290 - $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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$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 - $5,420
Plus Fees
Studio to 2 Bedroom Apartments Available NowInspire
2837 Emerson Ave SMinneapolis, MN 55408
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Rent Specials
$1,295 - $2,895
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Julia
80 Broadway St NEMinneapolis, MN 55413
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Rent Specials
$1,295 - $1,475
Plus Fees
1 Bedroom Apartments Available NowBowler Lofts
1506 Laurel AveMinneapolis, MN 55403
3063 Virginia Ave S
MinneapolisMN55426
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$1,300
Plus Fees
2 Bedroom Apartments Available Oct 14721 Lyndale Ave S
4721 Lyndale Ave SMinneapolis, MN 55419
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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
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowHuxley Apartments
657 22nd Ave NEMinneapolis, MN 55418
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Rent Specials
$1,300 - $2,845
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,250 - $2,795
Required Monthly Fees
$50
Total Monthly Price
$1,300 - $2,845
Rosa Apartments | MPLS
4201 Nicollet AveMinneapolis, MN 55409
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$1,300 - $1,950
Plus Fees
1 to 2 Bedroom Apartments Available NowCreamette Historic Lofts
432 1st St NMinneapolis, MN 55401
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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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Rent Specials
$1,312 - $3,861
Plus Fees
Studio to 2 Bedroom Apartments Available NowDuffey Lofts
528 N Washington AveMinneapolis, MN 55401
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Rent Specials
$1,319 - $3,294
Plus Fees
Studio to 3 Bedroom Apartments Available NowBoutique 28
2817 Girard Ave SMinneapolis, MN 55408
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Rent Specials
$1,321 - $4,290
Plus Fees
Studio to 4 Bedroom Apartments Available NowGroove Lofts
608 2nd Ave SMinneapolis, MN 55402
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Rent Specials
$1,328 - $3,655
Plus Fees
Studio to 2 Bedroom Apartments Available NowEast End
240 Chicago AveMinneapolis, MN 55415
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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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$1,345 - $1,895
Plus Fees
1 to 2 Bedroom Apartments Available Oct 4Spectrum Apartments & Townhomes
815 9th Ave SEMinneapolis, MN 55414
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$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
$1,359 - $2,600
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Available NowThe Arrow Apartments
117 27th Ave SEMinneapolis, MN 55414
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 | $1,271 | $640 | $3,477 |
| Minneapolis 1 Bedroom Apartments | $1,538 | $500 | $6,720 |
| Minneapolis 2 Bedroom Apartments | $2,151 | $479 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,478 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,523 | $495 | $10,000+ |
| Minneapolis 5 Bedroom Apartments | $3,410 | $2,029 | $6,967 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
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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.
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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 $3,088.
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 11,144 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 $405 which is $2,683 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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.