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$895 - $1,325
Plus Fees1 Month Lease Term
Studio to 2 Bedroom Apartments Available NowWexford Commons Apartments
200-218 W 62nd StMinneapolis, MN 55419
Cheap Apartments for Rent in Minneapolis, MN from $300 (1,619 Rentals) Page 2 of 33
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$8951 Bedroom Apartments Available Now
1818 La Salle Ave
1818 La Salle AveMinneapolis, MN 55403
2216 Pleasant Ave
MinneapolisMN55404
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$899
Plus Fees
Studio Apartments Available NowThe Commodore
1417 LaSalle AveMinneapolis, MN 55403
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$899 - $1,250
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowColfax Villas I
3611 Colfax Ave SMinneapolis, MN 55409
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$899 - $1,099
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
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$899 - $1,099
Total Monthly Price
$899 - $1,099
The Jameson Apartments
606 E 15th StMinneapolis, MN 55404
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$899 - $1,469
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$880 - $1,450
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Bryant Manor
3532 Bryant Ave SMinneapolis, MN 55408
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$900 - $1,330
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$900 - $1,330
Total Monthly Price
$900 - $1,330
Ellis and Louise Apartments
3440 Dupont Ave SMinneapolis, MN 55408
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$900
Plus Fees
Studio Apartments Available NowGarfield Apartments
2552 Garfield AveMinneapolis, MN 55405
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$903 - $1,283
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$899 - $1,279
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214 Place Apartments
214 W 15th StMinneapolis, MN 55403
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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$910 - $927
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available Now2120 Garfield Avenue
2120-2122 Garfield AveMinneapolis, MN 55405
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$916
Total Monthly Price12 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
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$895
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Yale Place
48 27th Ave SEMinneapolis, MN 55414
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$917 - $962
Total Monthly Price
1 Bedroom Apartments Available Jun 10Total Monthly Price
Base Rent
$900 - $945
Required Monthly Fees
$17
Total Monthly Price
$917 - $962
2417 Garfield Apartments
2417 Garfield AveMinneapolis, MN 55405
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$918 - $1,532
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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$925 - $1,450
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available Apr 15Total Monthly Price
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$925 - $1,450
Total Monthly Price
$925 - $1,450
Knox and Lagoon Apartments
2901 Knox Ave SMinneapolis, MN 55408
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$925
Plus Fees
1 Bedroom Apartments Available May 102205 Bryant Ave S
2205 Bryant Ave SMinneapolis, MN 55405
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$930 - $1,050
Plus Fees
Studio to 1 Bedroom Apartments Available May 1Campus East Apartments
615 15th Ave SEMinneapolis, MN 55414
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$931 - $1,031
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$915 - $1,015
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Mansard Apartments
2930 33rd Ave SMinneapolis, MN 55406
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$944
Total Monthly Price12 Month Lease Term
Studio Apartments Available SoonTotal Monthly Price
Base Rent
$915
Required Monthly Fees
$29
Total Monthly Price
$944
Longfellow Place
3414 Minnehaha AveMinneapolis, MN 55406
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$945 - $1,445
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$895 - $1,395
Required Monthly Fees
$50
Total Monthly Price
$945 - $1,445
The Villa Apartments
1111 S 7th StMinneapolis, MN 55415
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.
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$945 - $1,555
Plus Fees
Studio to 2 Bedroom Apartments Available NowOverland Apartments
2325 E 38th St EMinneapolis, MN 55406
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$945 - $1,645
Plus Fees
Studio to 2 Bedroom Apartments Available Now29 Bryant Apartments
2934 Bryant Ave SMinneapolis, MN 55408
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$946 - $1,246
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$925 - $1,225
Required Monthly Fees
$21
Total Monthly Price
$946 - $1,246
Belmont Apartments
1000 Franklin Ave WMinneapolis, MN 55403
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$950
Plus Fees12 Month Lease Term
Studio Apartments Available May 1The Miro
3140 Minnehaha AveMinneapolis, MN 55406
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$950 - $1,000
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThree-Thirty-Three Oak Grove
333 Oak Grove StMinneapolis, MN 55403
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$950Studio Apartments Available May 1
2416 17th Ave S
2416 17th Ave SMinneapolis, MN 55404
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$9502 Bedroom Apartments Available Now
4139 N Bryant Ave
4139 N Bryant AveMinneapolis, MN 55412
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$953
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$949
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225 Place Apartments
225 W 15th StMinneapolis, MN 55403
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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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$964 - $1,826
Total Monthly Price1 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$959 - $1,821
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Cedars 94
2220 E Franklin AveMinneapolis, MN 55404
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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$965 - $1,721
Plus Fees
Studio to 3 Bedroom Apartments Contact Us For AvailabilityPark & Franklin Lofts
1935 Park AveMinneapolis, MN 55404
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$968 - $1,428
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$952 - $1,412
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Colfax Terrace
3433-3435 Colfax Ave SMinneapolis, MN 55408
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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
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$975 - $1,385
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowKings Manor Apartments
4309 Rhode Island AveMinneapolis, MN 55428
3841 N Thomas Ave
MinneapolisMN55412
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$977 - $1,450
Plus Fees
Studio to 2 Bedroom Apartments Available NowCarrington Drive
6910 Humboldt Ave NMinneapolis, MN 55430
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$980 - $1,380
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Endurance
725 8th St SEMinneapolis, MN 55414
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$982 - $2,445
Plus Fees
Studio to 3 Bedroom Apartments Available NowNico East
1725 Nicollet AveMinneapolis, MN 55403
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$990 - $1,455
Total Monthly Price1 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$990 - $1,455
Total Monthly Price
$990 - $1,455
Drexel Apartments
1009 Park AveMinneapolis, MN 55404
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$990 - $1,280
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowSt Anthony Mills Apartments
720 Washington Ave SMinneapolis, MN 55415
1910 1st Ave S
MinneapolisMN55403
220 E 19th St
MinneapolisMN55403
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$995
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
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$995
Total Monthly Price
$995
4528 Bryant Ave S, Unit 5
4528 Bryant Ave SMinneapolis, MN 55419
2525 3rd Ave S
MinneapolisMN55404
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$995
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available May 15Total Monthly Price
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$995
Total Monthly Price
$995
1916 N 44th Ave, Unit # 2
1916 N 44th AveMinneapolis, MN 55412
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$995 - $2,863
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$995 - $2,863
Total Monthly Price
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Miro
1207 Glenwood AveMinneapolis, MN 55405
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$995 - $1,375
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowAbbott Apartments
110 18th St EMinneapolis, MN 55403
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$995 - $1,550
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available May 1Total Monthly Price
Base Rent
$945 - $1,500
Required Monthly Fees
$50
Total Monthly Price
$995 - $1,550
Studios at 7 Corners
1414 S 3rd StMinneapolis, MN 55454
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$995 - $1,295
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowRegent Place Apartments
4150 Regent Ave NMinneapolis, MN 55422
431 S 7th St
MinneapolisMN55415
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 | $1,310 | $640 | $2,847 |
| Cheap Minneapolis 1 Bedroom Apartments | $1,602 | $500 | $8,819 |
| Cheap Minneapolis 2 Bedroom Apartments | $2,201 | $469 | $10,000+ |
| Cheap Minneapolis 3 Bedroom Apartments | $2,656 | $729 | $10,000+ |
| Cheap Minneapolis 4 Bedroom Apartments | $1,912 | $639 | $7,824 |
| Minneapolis 5 Bedroom Apartments | $2,990 | $2,029 | $3,495 |
| Minneapolis 6 Bedroom Apartments | $3,390 | $2,600 | $4,650 |
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?
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 $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 $2,803.
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 13,254 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 $410 which is $2,393 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.