Cheap Apartments for Rent in Minneapolis, MN from $400 (1,684 Rentals) Page 3 of 34

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Search the lowest-cost Apartments available for rent right now in Minneapolis.

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Drexel Apartments
$990 - $1,155
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$990 - $1,155
Total Monthly Price
$990 - $1,155
1 Bedroom Apartments Available Now

Drexel Apartments

1009 Park AveMinneapolis, MN 55404
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  • Customer Reviewed
  • Utilities Included
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James Apartments | 2886
$991 - $1,001
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $985
Required Monthly Fees
$16
Total Monthly Price
$991 - $1,001
Studio Apartments Contact Us For Availability

James Apartments | 2886

2886 James Ave SMinneapolis, MN 55408
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Studios at 7 Corners
Rent Specials
$995 - $1,045
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$945 - $995
Required Monthly Fees
$50
Total Monthly Price
$995 - $1,045
Studio Apartments Available Now

Studios at 7 Corners

1414 S 3rd StMinneapolis, MN 55454
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LaSalle Apartments
Rent Specials
$1,000 - $1,644
Total Monthly Price

Total Monthly Price

Base Rent
$985 - $1,629
Required Monthly Fees
$15
Total Monthly Price
$1,000 - $1,644
Studio to 1 Bedroom Apartments Available Oct 1

LaSalle Apartments

36 S 9th StMinneapolis, MN 55402
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property at 2507 Nicollet Ave

2507 Nicollet Ave

MinneapolisMN55404
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Bryant Manor Apartments
Rent Specials
$1,028 - $1,428
Total Monthly Price

Total Monthly Price

Base Rent
$1,015 - $1,415
Required Monthly Fees
$13
Total Monthly Price
$1,028 - $1,428
1 to 2 Bedroom Apartments Available Feb 23, 2026

Bryant Manor Apartments

3532 Bryant Ave SMinneapolis, MN 55408
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Chateau Student Housing Cooperative
Rent Specials
$1,038 - $2,725
Total Monthly Price

Total Monthly Price

Base Rent
$1,038 - $2,725
Total Monthly Price
$1,038 - $2,725
Studio to 4 Bedroom Apartments Available Now

Chateau Student Housing Cooperative

425 13th Ave SEMinneapolis, MN 55414
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Showing Results 101-150, Page 3 of 34

Getting Around Minneapolis, MN

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

83 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Minneapolis, MN Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Stephanie • 4+ years in Minneapolis

February 25, 2025

A 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 Minneapolis Sydney Hall.

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

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.