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$895
Plus Fees
1 Bedroom Apartments Available Now1818 La Salle Ave
1818 La Salle AveMinneapolis, MN 55403
Cheap Apartments for Rent in Minneapolis, MN from $400 (1,702 Rentals) Page 2 of 35
Search the lowest-cost Apartments available for rent right now in Minneapolis.
1401 Willow St
MinneapolisMN55403
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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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$900 - $1,330
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available Jan 1, 2026Total Monthly Price
Base Rent
$900 - $1,330
Total Monthly Price
$900 - $1,330
Ellis and Louise Apartments
3440 Dupont Ave SMinneapolis, MN 55408
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$900 - $1,100
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now912 22nd Ave
912 22nd Ave SMinneapolis, MN 55404
605 S 9th St
MinneapolisMN55404
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$902 - $962
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$885 - $945
Required Monthly Fees
$17
Total Monthly Price
$902 - $962
2400 Harriet Ave Apartments | Origen Living
2400 Harriet Ave SMinneapolis, MN 55405
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$902 - $962
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$885 - $945
Required Monthly Fees
$17
Total Monthly Price
$902 - $962
2417 Garfield Ave Apartments | Origen Living
2417 Garfield AveMinneapolis, MN 55405
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$903 - $953
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$899 - $949
Required Monthly Fees
$4
Total Monthly Price
$903 - $953
225 Place Apartments
225 W 15th StMinneapolis, MN 55403
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$910
Total Monthly Price12 Month Lease Term
Studio Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$900
Required Monthly Fees
$10
Total Monthly Price
$910
Updated Boutique 28 Unit Building on Emerson
3441 Emerson Ave SMinneapolis, MN 55408
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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$911 - $1,381
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$895 - $1,365
Required Monthly Fees
$16
Total Monthly Price
$911 - $1,381
Colfax Terrace
3433-3435 Colfax Ave SMinneapolis, MN 55408
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$912 - $1,057
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$900 - $1,045
Required Monthly Fees
$12
Total Monthly Price
$912 - $1,057
Garfield Court
2101 Garfield Ave SMinneapolis, MN 55405
706 S 9th St
MinneapolisMN55404
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$916 - $2,445
Total Monthly Price
Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$916 - $2,445
Total Monthly Price
$916 - $2,445
Chateau Student Housing Cooperative
425 13th Ave SEMinneapolis, MN 55414
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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 - $1,575
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowAbbott Apartments
110 18th St EMinneapolis, MN 55403
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$925 - $1,345
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available Feb 1, 2026Total Monthly Price
Base Rent
$925 - $1,345
Total Monthly Price
$925 - $1,345
Knox and Lagoon Apartments
2901 Knox Ave SMinneapolis, MN 55408
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$925 - $1,095
Plus Fees
1 Bedroom Apartments Available Now2536 Lyndale Ave S
2536 Lyndale Ave SMinneapolis, MN 55405
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$925 - $995
Total Monthly Price6 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
Base Rent
$925 - $995
Total Monthly Price
$925 - $995
Portage Apartments
3146 W Bde Maka Ska BlvdMinneapolis, MN 55416
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$925 - $1,125
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now2222 Nicollet Avenue
2222 Nicollet AveMinneapolis, MN 55404
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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$929
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$915
Required Monthly Fees
$14
Total Monthly Price
$929
Kings Highway Apartments
3548 Dupont Ave SMinneapolis, MN 55408
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$935 - $1,579
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowPark Plaza
1315 Olson Memorial HwyMinneapolis, MN 55405
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$946
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Jan 1, 2026Total Monthly Price
Base Rent
$925
Required Monthly Fees
$21
Total Monthly Price
$946
Yale Place
48 27th Ave SEMinneapolis, MN 55414
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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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$950
Plus Fees
1 Bedroom Apartments Contact Us For Availability2205 Bryant Ave: The Lowry Hill Nook
2205 Bryant Ave SMinneapolis, MN 55405
2112 N 44th Ave
MinneapolisMN55412
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$950
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowUptown Plaza
2300 Pleasant AveMinneapolis, MN 55404
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Rent Specials
$956 - $1,206
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$945 - $1,195
Required Monthly Fees
$11
Total Monthly Price
$956 - $1,206
Fremont Apartments | 3300
3300 Fremont Ave SMinneapolis, MN 55408
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$960 - $2,053
Plus Fees
Studio to 3 Bedroom Apartments Available NowNico East
1725 Nicollet AveMinneapolis, MN 55403
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$964 - $1,826
Total Monthly Price1 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$959 - $1,821
Required Monthly Fees
$5
Total Monthly Price
$964 - $1,826
Cedars 94
2220 E Franklin AveMinneapolis, MN 55404
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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$975
Total Monthly Price12 Month Lease Term
Studio Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$895
Required Monthly Fees
$80
Total Monthly Price
$975
Isles East
1101-1105 W 28th StMinneapolis, MN 55408
3643 N Penn Ave
MinneapolisMN55412
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$977 - $1,196
Plus Fees
Studio to 2 Bedroom Apartments Available NowCarrington Drive
6910 Humboldt Ave NMinneapolis, MN 55430
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$979 - $1,248
Plus Fees
Studio Apartments Available Jan 8, 2026Ladder 260
260 Portland AveMinneapolis, MN 55415
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$979 - $1,029
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$965 - $1,015
Required Monthly Fees
$14
Total Monthly Price
$979 - $1,029
Girard Apartments
3253 Girard Ave SMinneapolis, MN 55408
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$980 - $1,145
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$825 - $990
Required Monthly Fees
$155
Total Monthly Price
$980 - $1,145
1910 1st Ave S
1910 1st Ave SMinneapolis, MN 55403
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$980 - $1,450
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Endurance
725 8th St SEMinneapolis, MN 55414
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$987
Total Monthly Price
1 Bedroom Apartments Available Feb 5, 2026Total Monthly Price
Base Rent
$965
Required Monthly Fees
$22
Total Monthly Price
$987
Pillsbury Apartments | 2200
2200 Pillsbury Ave SMinneapolis, MN 55404
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$990
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilitySt Anthony Mills Apartments
720 Washington Ave SMinneapolis, MN 55415
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Rent Specials
$990 - $2,655
Plus Fees
Studio to 2 Bedroom Apartments Available NowMiro
1207 Glenwood AveMinneapolis, MN 55405
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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$990 - $1,455
Total Monthly Price1 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$990 - $1,455
Total Monthly Price
$990 - $1,455
Drexel Apartments
1009 Park AveMinneapolis, MN 55404
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$995 - $1,040
Plus Fees1 Month Lease Term
1 Bedroom Apartments Available NowWexford Commons Apartments
200-218 W 62nd StMinneapolis, MN 55419
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$995 - $1,295
Plus Fees
Studio to 2 Bedroom Apartments Available NowRegent Place Apartments
4150 Regent Ave NMinneapolis, MN 55422
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2637 Pleasant Ave
MinneapolisMN55408
2828 Humboldt Ave S
MinneapolisMN55408
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$995
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$995
Total Monthly Price
$995
1786 Hennepin Ave S, Unit 11
1786 Hennepin Ave SMinneapolis, MN 55405
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$995
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$995
Total Monthly Price
$995
4528 Bryant Ave S, Unit 5
4528 Bryant Ave SMinneapolis, MN 55419
2000-2002 Dupont Ave S
MinneapolisMN55405
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$998 - $1,341
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowThe Central
3503 2nd Ave SMinneapolis, MN 55408
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 | $1,303 | $640 | $5,541 |
| Cheap Minneapolis 1 Bedroom Apartments | $1,542 | $500 | $5,800 |
| Cheap Minneapolis 2 Bedroom Apartments | $2,158 | $469 | $10,000+ |
| Cheap Minneapolis 3 Bedroom Apartments | $2,409 | $495 | $10,000+ |
| Cheap Minneapolis 4 Bedroom Apartments | $2,210 | $479 | $7,953 |
| Minneapolis 5 Bedroom Apartments | $3,443 | $2,450 | $3,895 |
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 $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 $2,712.
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 13,702 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 $431 which is $2,281 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
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!
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.