
Cheap Apartments for Rent in Minneapolis, MN from $400 (1,695 Rentals) Page 2 of 34
Search the lowest-cost Apartments available for rent right now in Minneapolis.


225/227/233 Oak Grove St – Oak Grove Downtown

706 S 9th St

Total Monthly Price
The Belmont Apartments

The Buckingham Apartments

Colfax Villas I

The Commodore

Total Monthly Price
Ellis and Louise Apartments

605 S 9th St

912 22nd Ave
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.

Total Monthly Price
214 Place Apartments

Total Monthly Price
Updated Boutique 28 Unit Building on Emerson

Total Monthly Price
Garfield Court

Autumn Ridge Apartments

Total Monthly Price
Portage Apartments

Total Monthly Price
Knox and Lagoon Apartments

Total Monthly Price
Studios at 7 Corners

Total Monthly Price
Lowry Hill Apartments

2222 Nicollet Avenue

2205 Bryant Ave: The Lowry Hill Nook
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.

2120 Garfield Avenue

Total Monthly Price
2417 Garfield Ave Apartments | Origen Living

Campus East Apartments: Your Perfect Home Near U of M Twin Cities!

Seven Corners

Total Monthly Price
Longfellow Place

Total Monthly Price
The Villa Apartments

Total Monthly Price
7520 Oliver Ave S, Unit 511

2709 Park Ave

3643 N Penn Ave

Total Monthly Price
2600 Bryant Ave S
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

Total Monthly Price
Loring Grove Apartments

Three-Thirty-Three Oak Grove

Total Monthly Price
Colfax Terrace

Monroe Village Senior Apartments

Nico East

Total Monthly Price
Kings Highway Apartments

Total Monthly Price
Cedars 94

Carrington Drive

Ladder 260

The Endurance

Total Monthly Price
1910 1st Ave S

St Anthony Mills Apartments

Total Monthly Price
Drexel Apartments

East River Terrace

The Redwell

Total Monthly Price
1786 Hennepin Ave S, Unit 11

Total Monthly Price
4528 Bryant Ave S, Unit 5

Regent Place Apartments

Total Monthly Price
5747 Glenwood Ave, Unit 12

2216 Pleasant Ave
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 | $1,308 | $640 | $2,229 |
| Cheap Minneapolis 1 Bedroom Apartments | $1,576 | $500 | $8,259 |
| Cheap Minneapolis 2 Bedroom Apartments | $2,129 | $469 | $10,000+ |
| Cheap Minneapolis 3 Bedroom Apartments | $2,339 | $495 | $9,861 |
| Cheap Minneapolis 4 Bedroom Apartments | $2,181 | $535 | $10,000+ |
| Minneapolis 5 Bedroom Apartments | $3,219 | $2,000 | $4,141 |
Browse Top Apartments in Minneapolis
See all Apartments in MinneapolisExplore Minneapolis
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 the Cheapest Studio apartment in Minneapolis?
Currently the most affordable Cheap Studio Apartment in Minneapolis is at Paige Hall listed at $551.
How much is rent for a Cheap One Bedroom Minneapolis Apartment?
The lowest price for a Cheap One Bedroom Minneapolis Apartment is $500 at Allianze Sr. Community.
What is the lowest price for a Cheap Two Bedroom Minneapolis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Minneapolis is starting from $489 at Yugo The Sydney at Dinkytown.
What is the most affordable Minneapolis Three Bedroom Apartment?
The best deal on a cheap Minneapolis Three Bedroom Apartment rental is at Radius and starts from $495.
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.