
Cheap Apartments for Rent in Minneapolis, MN from $400 (1,694 Rentals) Page 15 of 34
Search the lowest-cost Apartments available for rent right now in Minneapolis.


1118 Lowry Ave NE

1615 26th Ave N

Chateau Student Housing Cooperative

Linden Hills- 2716

Winnetka Manor Apartments

3836 Nicollet Ave

3312 Pillsbury Ave

242 West Franklin Ave

2647 Emerson Ave S

3707 Grand Ave S

2604 Fremont Ave S

3400 Harriet Ave S

Hennepin Apartments

3428 Harriet Apartments

First Avenue Apartments

4351 Drew Ave

3600 Aldrich Ave S

3447 Garfield Ave S

Calhoun Park Terrace

Simmons Manor

3117 Girard Ave S

Minnehaha Manor Apartments

Yale Place Apartments

Riverview Apartments

River Run Apartments

Central Flats

1707 Glenwood Ave

2800 Colfax

507 4th St SE

915 23rd Ave NE

1732 Roliins Ave SE

2649 Humboldt Ave S

1724-1732 Rollins Ave

Blaisdell Apartments

2715 Humboldt Ave S

Santiago Apartments

3252 Girard Ave S

1935-1939 Bryant Ave S

Minnesota House Apartments

Hennepin House Apartments

Ternary Flats

St Anthony Historic

Linden Hills | 2715

Plymouth Avenue Apartments

Shingle Creek Commons Senior Living 55+

Bryant Avenue Apartments | 2300

2446 Colfax Ave S

Garfield Terrace

Lagoon Avenue Estates
Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Minneapolis Studio Apartments | $1,310 | $640 | $2,536 |
| Cheap Minneapolis 1 Bedroom Apartments | $1,580 | $500 | $8,259 |
| Cheap Minneapolis 2 Bedroom Apartments | $2,132 | $469 | $10,000+ |
| Cheap Minneapolis 3 Bedroom Apartments | $2,343 | $495 | $9,861 |
| Cheap Minneapolis 4 Bedroom Apartments | $2,183 | $535 | $10,000+ |
| Minneapolis 5 Bedroom Apartments | $3,221 | $2,000 | $4,192 |
Browse Top Apartments in Minneapolis
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Minneapolis, MN Area Reviews
Stephanie • 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 $745.
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 $2,746.
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 15,192 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 $411 which is $2,335 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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.