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Rent Specials
$1,560 - $3,895
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now1800 Lake
1800 W Lake StMinneapolis, MN 55408
Cheap Apartments for Rent in Minneapolis, MN from $400 with Washer/Dryer (402 Rentals) Page 4 of 9
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$1,568 - $3,193
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,320 - $2,945
Required Monthly Fees
$248
Total Monthly Price
$1,568 - $3,193
Boutique 28
2817 Girard Ave SMinneapolis, MN 55408
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$1,578 - $2,628
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,470 - $2,520
Required Monthly Fees
$108
Total Monthly Price
$1,578 - $2,628
Tyler Street Stacks
1180 Tyler St NEMinneapolis, MN 55413
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$1,580 - $3,805
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,405 - $3,630
Required Monthly Fees
$175
Total Monthly Price
$1,580 - $3,805
Lucille
1025 Main StMinneapolis, MN 55413
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$1,595 - $2,595
Plus Fees
Studio to 2 Bedroom Apartments Contact Us For Availability700 Central Historic Lofts & New Flats
700 NE Central AveMinneapolis, MN 55414
2160 Ridge Dr
MinneapolisMN55416
3101 NE Tyler St
MinneapolisMN55418
329 N 30th Ave
MinneapolisMN55411
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Rent Specials
$1,599
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Mar 1, 20269th Street Flats
330 SE 9th StMinneapolis, MN 55414
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Studio to 1 Bedroom Apartments
Whittier Flats - 2815 Pleasant Ave S
2815 Pleasant Ave SMinneapolis, MN 55408
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Studio to 2 Bedroom Apartments
Creek View Apartment Homes 8817 w 35th st.
8817 W 35th StMinneapolis, MN 55426
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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!
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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!