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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
Cheap Apartments for Rent in Minneapolis, MN from $333 (1,640 Rentals) Page 2 of 33
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$900 - $925
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Studio Apartments Available Sep 1Total Monthly Price
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$850 - $875
Required Monthly Fees
$50
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$900 - $925
The Villa Apartments
1111 S 7th StMinneapolis, MN 55415
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$900 - $1,375
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available Sep 15Total Monthly Price
Base Rent
$900 - $1,375
Total Monthly Price
$900 - $1,375
Ellis and Louise Apartments
3440 Dupont Ave SMinneapolis, MN 55408
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$900 - $1,250
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowBlue Goose Cooperative
1819 5th St SMinneapolis, MN 55454
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$900 - $950
Plus Fees
Studio Apartments Available NowGarfield Apartments
2552 Garfield AveMinneapolis, MN 55405
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$903 - $953
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
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$899 - $949
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225 Place Apartments
225 W 15th StMinneapolis, MN 55403
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$920 - $1,420
Plus Fees
Studio to 1 Bedroom Apartments Available NowThe Buckingham Apartments
1500 LaSalle AveMinneapolis, MN 55403
2118 Pillsbury Ave
MinneapolisMN55404
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Rent Specials
$925 - $935
Plus Fees12 Month Lease Term
Studio Apartments Available NowOak Grove Apartment Hotel
230 Oak Grove StMinneapolis, MN 55403
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$925
Plus Fees
Studio Apartments Contact Us For Availability2120 Aldrich Ave S
2120 Aldrich Ave SMinneapolis, MN 55405
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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$937 - $967
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1 Bedroom Apartments Available NowTotal Monthly Price
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$920 - $950
Required Monthly Fees
$17
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$937 - $967
2417 Garfield Apartments
2417 Garfield AveMinneapolis, MN 55405
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$945 - $1,665
Plus Fees
Studio to 2 Bedroom Apartments Available NowOverland Apartments
2325 E 38th St EMinneapolis, MN 55406
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$945 - $2,123
Plus Fees
Studio to 2 Bedroom Apartments Available Now29 Bryant Apartments
2934 Bryant Ave SMinneapolis, MN 55408
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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 - $1,200
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$949 - $1,200
Total Monthly Price
$949 - $1,200
Campus Apartments 700-727 University SE
701 University Ave SEMinneapolis, MN 55414
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$950 - $1,475
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available Sep 12100 Aldrich
2100 Aldrich Ave SMinneapolis, MN 55405
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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
220 E 19th St
MinneapolisMN55403
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$952
Total Monthly Price
Studio to 2 Bedroom Apartments Available Sep 8Total Monthly Price
Base Rent
$935
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Colfax Terrace
3433-3435 Colfax Ave SMinneapolis, MN 55408
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$955 - $1,155
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available Sep 1Total Monthly Price
Base Rent
$895 - $1,095
Required Monthly Fees
$60
Total Monthly Price
$955 - $1,155
Park Pointe - Powderhorn Neighborhood
3541 13th Ave SMinneapolis, MN 55407
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$956 - $996
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Sep 1Total Monthly Price
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$935 - $975
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Yale Place
48 27th Ave SEMinneapolis, MN 55414
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$957 - $1,157
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$945 - $1,145
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Bryant Manor
3532 Bryant Ave SMinneapolis, MN 55408
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$960 - $1,060
Total Monthly Price
Studio to 2 Bedroom Apartments Available Oct 1Total Monthly Price
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$945 - $1,045
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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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$967
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$950
Required Monthly Fees
$17
Total Monthly Price
$967
Marcelle
2400 Harriet Ave SMinneapolis, MN 55405
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$969 - $1,821
Total Monthly Price1 Month Lease Term
Studio to 2 Bedroom Apartments Available Sep 2Total Monthly Price
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$969 - $1,821
Total Monthly Price
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Cedars 94
2220 E Franklin AveMinneapolis, MN 55404
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$975 - $1,150
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now4225 Bloomington Ave
4225 Bloomington AveMinneapolis, MN 55407
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$975
Plus Fees
1 Bedroom Apartments Contact Us For Availability2709 Park Ave S
2709 Park AveMinneapolis, MN 55407
990 15th Ave SE
MinneapolisMN55414
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$975Studio Apartments Available Now
7027 Morgan Ave S
7027 Morgan Ave SMinneapolis, MN 55423
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$979 - $1,328
Plus Fees
Studio to 1 Bedroom Apartments Available Sep 3Ladder 260
260 Portland AveMinneapolis, MN 55415
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$988 - $3,182
Plus Fees
Studio to 3 Bedroom Apartments Available NowLoring Park
1300 Yale PlMinneapolis, MN 55403
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$990 - $1,160
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available Oct 9Total Monthly Price
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$975 - $1,145
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1400–1408 Spruce Pl – Oak Grove Downtown
1400-1408 Spruce PlMinneapolis, MN 55403
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$995 - $1,035
Plus Fees
1 to 2 Bedroom Apartments Available Now1901 Lyndale
1901 Lyndale Ave SMinneapolis, MN 55403
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$995
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For Availability3654 Bryant
3654 Bryant Ave SMinneapolis, MN 55409
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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
431 S 7th St
MinneapolisMN55415
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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
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$999 - $1,189
Garden Apartments
5700-5712 34th Ave SMinneapolis, MN 55417
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$999 - $1,497
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowPinewood Apartments
2070 Coon Rapids Blvd NWMinneapolis, MN 55433
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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$999 - $1,880
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$999 - $1,880
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CityLine
3815 Hiawatha AveMinneapolis, MN 55406
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$1,000
Total Monthly Price12 Month Lease Term
Studio Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$950
Required Monthly Fees
$50
Total Monthly Price
$1,000
Studios at 7 Corners
1414 S 3rd StMinneapolis, MN 55454
3705 Chicago Ave
MinneapolisMN55407
6015 W Broadway
MinneapolisMN55428
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$1,002
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$970
Required Monthly Fees
$32
Total Monthly Price
$1,002
Corner 29 Apartments
2913 29th Ave SMinneapolis, MN 55406
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$1,005 - $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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$1,014 - $1,684
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$999 - $1,669
Required Monthly Fees
$15
Total Monthly Price
$1,014 - $1,684
LaSalle Apartments
36 S 9th StMinneapolis, MN 55402
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$1,015
Total Monthly Price12 Month Lease Term
Studio Apartments Available Oct 1Total Monthly Price
Base Rent
$1,015
Total Monthly Price
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Portage Apartments
3146 W Bde Maka Ska BlvdMinneapolis, MN 55416
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$1,016 - $2,020
Plus Fees
Studio to 2 Bedroom Apartments Available NowOdie Apartments
607 W 28th StMinneapolis, MN 55408
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$1,016 - $1,096
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$995 - $1,075
Required Monthly Fees
$21
Total Monthly Price
$1,016 - $1,096
Lake Street Manor
4445 E Lake StMinneapolis, MN 55406
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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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 | $1,329 | $635 | $2,439 |
| Cheap Minneapolis 1 Bedroom Apartments | $1,645 | $500 | $6,639 |
| Cheap Minneapolis 2 Bedroom Apartments | $2,204 | $280 | $10,000+ |
| Cheap Minneapolis 3 Bedroom Apartments | $2,576 | $739 | $10,000+ |
| Cheap Minneapolis 4 Bedroom Apartments | $2,400 | $649 | $6,500 |
| Minneapolis 5 Bedroom Apartments | $3,310 | $650 | $8,114 |
| Minneapolis 6 Bedroom Apartments | $3,845 | $2,600 | $6,051 |
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 $750.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is 6-1849 which is listed at $575, while the average apartment in Minneapolis costs $1,710.
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 9,483 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 $474 which is $1,236 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
Authentic Minneapolis: An Insider's 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.
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.
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.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.