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Rent Specials
$1,395 - $3,295
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,395 - $3,295
Total Monthly Price
$1,395 - $3,295
Kenwood Gables
700 Douglas AveMinneapolis, MN 55403
Cheap Apartments for Rent in Minneapolis, MN from $400 with Washer/Dryer (403 Rentals) Page 3 of 9
Search the lowest-cost Apartments available for rent right now in Minneapolis.
924 21st Ave S
MinneapolisMN55404
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Rent Specials
$1,400 - $2,150
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Pearl Apartments
5405 Chicago AveMinneapolis, MN 55417
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$1,400 - $1,950
Plus Fees
1 Bedroom Apartments Available NowCreamette Historic Lofts
432 1st St NMinneapolis, MN 55401
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Rent Specials
$1,400 - $3,755
Plus Fees
Studio to 2 Bedroom Apartments Available NowMarbella on Dean
3036 W Lake StMinneapolis, MN 55416
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$1,400 - $4,040
Plus Fees
Studio to 3 Bedroom Apartments Available NowLPM Apartments
1369 Spruce PlMinneapolis, MN 55403
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Rent Specials
$1,402 - $3,070
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,227 - $2,895
Required Monthly Fees
$175
Total Monthly Price
$1,402 - $3,070
The Julia
80 Broadway St NEMinneapolis, MN 55413
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Rent Specials
$1,404 - $3,292
Plus Fees
Studio to 2 Bedroom Apartments Available NowEitel Apartments
1367 Willow StMinneapolis, MN 55403
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Rent Specials
$1,405 - $3,295
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Gateway at West Lake Quarter
3430 List PlMinneapolis, MN 55416
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Rent Specials
$1,408 - $3,327
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,393 - $3,312
Required Monthly Fees
$15
Total Monthly Price
$1,408 - $3,327
The Laker
2500 2nd St NEMinneapolis, MN 55418
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Rent Specials
$1,410 - $2,642
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,405 - $2,637
Required Monthly Fees
$5
Total Monthly Price
$1,410 - $2,642
SECOND AND SECOND
120 2nd St NMinneapolis, MN 55401
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$1,412 - $4,517
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,395 - $4,500
Required Monthly Fees
$17
Total Monthly Price
$1,412 - $4,517
MAX
150 26th Ave SEMinneapolis, MN 55414
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$1,415 - $1,515
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,395 - $1,495
Required Monthly Fees
$20
Total Monthly Price
$1,415 - $1,515
Motiv Apartments
1006 W 24th StMinneapolis, MN 55405
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$1,415 - $2,245
Plus Fees
Studio to 2 Bedroom Apartments Available Nov 10Mill City Apartments
625 2nd StMinneapolis, MN 55401
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Rent Specials
$1,426 - $3,370
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,251 - $3,195
Required Monthly Fees
$175
Total Monthly Price
$1,426 - $3,370
Frances
1030 NE Main StMinneapolis, MN 55413
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Rent Specials
$1,429 - $4,584
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,425 - $4,580
Required Monthly Fees
$4
Total Monthly Price
$1,429 - $4,584
Be @ Axon Green
3144 Chowen Ave SMinneapolis, MN 55416
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Rent Specials
$1,431 - $3,556
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,350 - $3,475
Required Monthly Fees
$81
Total Monthly Price
$1,431 - $3,556
The Bohen Apartments
2851 Hennepin AveMinneapolis, MN 55408
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$1,443 - $1,650
Plus Fees
1 to 2 Bedroom Apartments Available NowBuzza Lofts of Uptown
1006 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,444 - $2,094
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,295 - $1,945
Required Monthly Fees
$149
Total Monthly Price
$1,444 - $2,094
Fuller Park Flats
4738 Grand Ave SMinneapolis, MN 55419
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Rent Specials
$1,444 - $3,068
Plus Fees
1 to 2 Bedroom Apartments Available NowIntersect
310 N 2nd StMinneapolis, MN 55401
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Rent Specials
$1,445 - $7,124
Plus Fees
Studio to 3 Bedroom Apartments Available Now4th and Park
700 S 4th StMinneapolis, MN 55415
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Rent Specials
$1,447 - $4,650
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,397 - $4,600
Required Monthly Fees
$50
Total Monthly Price
$1,447 - $4,650
Moment
650 Portland Ave SMinneapolis, MN 55415
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Rent Specials
$1,448 - $3,292
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,350 - $3,194
Required Monthly Fees
$98
Total Monthly Price
$1,448 - $3,292
Boutique 28
2817 Girard Ave SMinneapolis, MN 55408
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$1,450 - $1,550
Plus Fees1 Month Lease Term
Studio Apartments Available Dec 22Aberdeen Apartments
500 E 14th StMinneapolis, MN 55404
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Rent Specials
$1,460 - $4,385
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Palmer
600 N 5th StMinneapolis, MN 55401
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Rent Specials
$1,470 - $3,400
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,445 - $3,375
Required Monthly Fees
$25
Total Monthly Price
$1,470 - $3,400
Foundry Lake Street
3118 West Lake StMinneapolis, MN 55416
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$1,471 - $3,560
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,471 - $3,560
Total Monthly Price
$1,471 - $3,560
N&E
107 13th Ave NEMinneapolis, MN 55413
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Rent Specials
$1,474 - $1,919
Plus Fees
1 to 2 Bedroom Apartments Available NowELEVATE Apartment Homes
1117 Marquette AveMinneapolis, MN 55403
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Rent Specials
$1,479 - $2,930
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Asher
1125 Lagoon AveMinneapolis, MN 55408
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Rent Specials
$1,481 - $2,050
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,426 - $1,995
Required Monthly Fees
$55
Total Monthly Price
$1,481 - $2,050
Huck Apartments
402 2nd St NEMinneapolis, MN 55413
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Rent Specials
$1,482 - $2,668
Plus Fees
Studio to 2 Bedroom Apartments Available NowArcata Apartments
901 Xenia Ave SMinneapolis, MN 55416
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$1,490
Plus Fees
Studio to 2 Bedroom Apartments Available NowThird North Apartments
800 N 3rd StMinneapolis, MN 55401
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$1,490 - $3,476
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,470 - $3,456
Required Monthly Fees
$20
Total Monthly Price
$1,490 - $3,476
Grain Belt
1215 Marshall St NEMinneapolis, MN 55413
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Rent Specials
$1,495
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,395
Required Monthly Fees
$100
Total Monthly Price
$1,495
Bowler Lofts
1506 Laurel AveMinneapolis, MN 55403
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$1,495
Plus Fees
2 Bedroom Apartments Available Now2007 Aldrich Ave S
2007 Aldrich Ave SMinneapolis, MN 55405
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$1,495
Plus Fees
2 Bedroom Apartments Available Now2007 Aldrich Ave S
2007 Aldrich Ave SMinneapolis, MN 55405
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$1,495
Plus Fees
2 Bedroom Apartments Available Now2007 Aldrich Ave S
2007 Aldrich Ave SMinneapolis, MN 55405
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$1,495
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,495
Total Monthly Price
$1,495
3528 Bloomington Ave, Unit 6
3528 Bloomington AveMinneapolis, MN 55407
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$1,500
Plus Fees
3 Bedroom Apartments Available Nov 10903 N Sheridan Ave
903 N Sheridan AveMinneapolis, MN 55411
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$1,500
Total Monthly Price12 Month Lease Term
Studio Apartment Available NowTotal Monthly Price
Base Rent
$1,500
Total Monthly Price
$1,500
164 13th Ave NE, Unit Apt.2
164 13th Ave NEMinneapolis, MN 55413
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$1,500 - $1,700
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,445 - $1,645
Required Monthly Fees
$55
Total Monthly Price
$1,500 - $1,700
Odie Apartments
607 W 28th StMinneapolis, MN 55408
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Rent Specials
$1,550 - $7,995
Plus Fees
1 to 3 Bedroom Apartments Available Now240 Park Avenue
240 Park AveMinneapolis, MN 55415
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$1,550 - $3,520
Plus Fees
Studio to 2 Bedroom Apartments Available NowBlue and Lime
2922 Aldrich Ave SMinneapolis, MN 55408
3033 Park Ave
MinneapolisMN55407
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$1,559 - $2,529
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,527 - $2,497
Required Monthly Fees
$32
Total Monthly Price
$1,559 - $2,529
NoLo Living
815 N 2nd StMinneapolis, MN 55401
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Rent Specials
$1,559 - $1,689
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Dec 1Total Monthly Price
Base Rent
$1,559 - $1,689
Total Monthly Price
$1,559 - $1,689
MN46 Apartments
4555 Minnehaha AveMinneapolis, MN 55406
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Rent Specials
$1,565 - $7,825
Plus Fees
Studio to 3 Bedroom Apartments Available NowNIC on 5th
465 Nicollet MallMinneapolis, MN 55401
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Rent Specials
$1,566 - $3,363
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Vicinity
205 Park AveMinneapolis, MN 55415
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$1,569 - $2,832
Plus Fees
Studio to 2 Bedroom Apartments Available Now700 Central Historic Lofts & New Flats
700 NE Central AveMinneapolis, MN 55414
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$1,573 - $6,232
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,555 - $6,214
Required Monthly Fees
$18
Total Monthly Price
$1,573 - $6,232
Junction Flats
643 N 5th StMinneapolis, MN 55401
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.
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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 $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.