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$895 - $1,295
Plus Fees
Studio to 1 Bedroom Apartments Available NowKarmel Apartments
99 E 54th StMinneapolis, MN 55419
Cheap Apartments for Rent in Minneapolis, MN from $300 (1,632 Rentals) Page 2 of 33
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$895 - $1,450
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityGrove 94
215 Oak Grove StMinneapolis, MN 55403
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$895 - $1,425
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowAbbott Apartments
110 18th St EMinneapolis, MN 55403
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$895 - $1,450
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1 to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$895 - $1,450
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$895 - $1,450
Knox and Lagoon Apartments
2901 Knox Ave SMinneapolis, MN 55408
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$895
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Oct 1Total Monthly Price
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$895
Total Monthly Price
$895
6216 W 34th St, Unit 1
6216 W 34th StMinneapolis, MN 55416
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$895
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Sep 1Total Monthly Price
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$895
Total Monthly Price
$895
6220 W 34th St, Unit 3
6220 W 34th StMinneapolis, MN 55416
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$899
Plus Fees
Studio Apartments Available NowSt. George Apartments
137 E 17th StMinneapolis, MN 55403
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$899 - $1,250
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$899 - $1,250
Total Monthly Price
$899 - $1,250
Colfax Villas I
3611 Colfax Ave SMinneapolis, MN 55409
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$899 - $1,717
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowSt. Anne's Senior Housing
2323 26th Ave NMinneapolis, MN 55411
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$900 - $1,375
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available Sep 1Total Monthly Price
Base Rent
$900 - $1,375
Total Monthly Price
$900 - $1,375
Ellis and Louise Apartments
3440 Dupont Ave SMinneapolis, MN 55408
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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$900 - $1,150
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowUptown Plaza
2300 Pleasant AveMinneapolis, MN 55404
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$900
Plus Fees
Studio Apartments Available NowGarfield Apartments
2552 Garfield AveMinneapolis, MN 55405
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$910 - $940
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1 Bedroom Apartment Available NowTotal Monthly Price
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$910 - $940
Total Monthly Price
$910 - $940
6737 Pleasant Ave
6737 Pleasant AveMinneapolis, MN 55423
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$910
Total Monthly Price12 Month Lease Term
Studio Apartments Contact Us For AvailabilityTotal Monthly Price
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$900
Required Monthly Fees
$10
Total Monthly Price
$910
Flats at Emerson
3441 Emerson Ave SMinneapolis, MN 55408
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$924 - $944
Total Monthly Price12 Month Lease Term
Studio Apartments Contact Us For AvailabilityTotal Monthly Price
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$895 - $915
Required Monthly Fees
$29
Total Monthly Price
$924 - $944
Longfellow Place
3414 Minnehaha AveMinneapolis, MN 55406
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$925
Plus Fees
Studio Apartments Contact Us For Availability2120 Aldrich Ave S
2120 Aldrich Ave SMinneapolis, MN 55405
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$9251 Bedroom Apartments Available Now
3455 Chicago Ave, Unit 2
3455 Chicago AveMinneapolis, MN 55407
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$931 - $1,021
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$915 - $1,005
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Mansard Apartments
2930 33rd Ave SMinneapolis, MN 55406
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$935 - $1,060
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available Jul 10Oak Grove Apartment Hotel
230 Oak Grove StMinneapolis, MN 55403
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$945 - $1,645
Plus Fees
Studio to 2 Bedroom Apartments Available Now29 Bryant Apartments
2934 Bryant Ave SMinneapolis, MN 55408
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.
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$945 - $2,235
Plus Fees
Studio to 2 Bedroom Apartments Available NowOverland Apartments
2325 E 38th St EMinneapolis, MN 55406
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$947
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available Oct 12120 Garfield Avenue
2120-2122 Garfield AveMinneapolis, MN 55405
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$949
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Sep 1Total Monthly Price
Base Rent
$949
Total Monthly Price
$949
The Jameson Apartments
606 E 15th StMinneapolis, MN 55404
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$950 - $1,500
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThree-Thirty-Three Oak Grove
333 Oak Grove StMinneapolis, MN 55403
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$950 - $1,445
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$900 - $1,395
Required Monthly Fees
$50
Total Monthly Price
$950 - $1,445
Studios at 7 Corners
1414 S 3rd StMinneapolis, MN 55454
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$950
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
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$950
Total Monthly Price
$950
801 4th St SE, Unit Limelight
801 4th St SEMinneapolis, MN 55414
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$952
Total Monthly Price
Studio to 2 Bedroom Apartments Available Sep 7Total Monthly Price
Base Rent
$935
Required Monthly Fees
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Colfax Terrace
3433-3435 Colfax Ave SMinneapolis, MN 55408
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$952 - $987
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
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$935 - $970
Required Monthly Fees
$17
Total Monthly Price
$952 - $987
Marcelle
2400 Harriet Ave SMinneapolis, MN 55405
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$953
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
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$949
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225 Place Apartments
225 W 15th StMinneapolis, MN 55403
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$955 - $1,110
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$895 - $1,050
Required Monthly Fees
$60
Total Monthly Price
$955 - $1,110
3541 13th
3541 13th Ave SMinneapolis, MN 55407
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
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$957 - $1,157
Total Monthly Price
Studio to 2 Bedroom Apartments Available Jul 15Total Monthly Price
Base Rent
$945 - $1,145
Required Monthly Fees
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Bryant Manor
3532 Bryant Ave SMinneapolis, MN 55408
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$960 - $1,160
Total Monthly Price
Studio to 2 Bedroom Apartments Available Aug 3Total Monthly Price
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$945 - $1,145
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Colfax Manor
3401 Colfax Ave SMinneapolis, MN 55408
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$960
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityMonroe Village Senior Apartments
1900 Central Ave NEMinneapolis, MN 55418
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$965 - $1,862
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$965 - $1,862
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Five15 on the Park
515 15th Ave SMinneapolis, MN 55454
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$965 - $1,567
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowAutumn Ridge Apartments
8500-8516 63rd Ave NMinneapolis, MN 55428
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$969 - $1,821
Total Monthly Price1 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$969 - $1,821
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Cedars 94
2220 E Franklin AveMinneapolis, MN 55404
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$970 - $1,395
Plus Fees11 Month Lease Term
1 to 2 Bedroom Apartments Available NowStadium Village Apartments
1015 Essex St SEMinneapolis, MN 55414
2118 Pillsbury Ave
MinneapolisMN55404
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$975
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Jul 15Total Monthly Price
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$975
Total Monthly Price
$975
3512 23rd Ave S, Unit 1
3512 23rd Ave SMinneapolis, MN 55407
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$975 - $1,150
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now4225 Bloomington Ave
4225 Bloomington AveMinneapolis, MN 55407
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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$995 - $1,295
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available Sep 1Total Monthly Price
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$995 - $1,295
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Portage Apartments
3146 W Bde Maka Ska BlvdMinneapolis, MN 55416
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$995 - $1,295
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowRegent Place Apartments Hwy 100
4150 Regent Ave NMinneapolis, MN 55422
3300 Grand Ave S
MinneapolisMN55408
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$9951 Bedroom Apartments Available Aug 1
3308 Girard Ave S, Unit 101
3308 Girard Ave SMinneapolis, MN 55408
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$999 - $1,189
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
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$949 - $1,139
Required Monthly Fees
$50
Total Monthly Price
$999 - $1,189
Garden Apartments
5700-5712 34th Ave SMinneapolis, MN 55417
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$999 - $1,400
Plus Fees
Studio to 1 Bedroom Apartments Available NowThe Buckingham Apartments
1500 LaSalle AveMinneapolis, MN 55403
3705 Chicago Ave
MinneapolisMN55407
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$1,000
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,000
Total Monthly Price
$1,000
440 Ridgewood Ave, Unit 440 Ridgewood
440 Ridgewood AveMinneapolis, MN 55403
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$1,000 - $1,199
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowPinewood Apartments
2070 Coon Rapids Blvd NWMinneapolis, MN 55433
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$1,002 - $1,027
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$970 - $995
Required Monthly Fees
$32
Total Monthly Price
$1,002 - $1,027
Corner 29 Apartments
2913 29th Ave SMinneapolis, MN 55406
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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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 |
|---|---|---|---|
| Cheap Minneapolis Studio Apartments | $1,315 | $595 | $2,529 |
| Cheap Minneapolis 1 Bedroom Apartments | $1,644 | $750 | $6,649 |
| Cheap Minneapolis 2 Bedroom Apartments | $2,197 | $280 | $10,000+ |
| Cheap Minneapolis 3 Bedroom Apartments | $2,574 | $739 | $10,000+ |
| Cheap Minneapolis 4 Bedroom Apartments | $2,358 | $649 | $9,950 |
| Minneapolis 5 Bedroom Apartments | $3,429 | $2,100 | $7,607 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Minneapolis
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Minneapolis, MN Area Reviews
Do you know the Minneapolis area?
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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 $760.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is Haverhill Apartments which is listed at $782, while the average apartment in Minneapolis costs $3,205.
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 11,642 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 $416 which is $2,789 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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.