
Cheap Apartments for Rent in Minneapolis, MN from $300 (1,627 Rentals) Page 31 of 33
Search the lowest-cost Apartments available for rent right now in Minneapolis.


South Highland

River Park Crossing

Carleton Artist Lofts

Forty Forty Flats

Pleasant Avenue Villas

Sterling Square Apartments

Summit View

Grand Heritage Apartments

Snelling Villas

Parkview Villa

Randolph Apartments

710 Pelham Apartments

River Terrace

Lakehill Apartments

3737 Hubbard Ave. N- Windsor Court

1091 Goodrich Ave

Ashland & Laurel Apartments

Selby Wilkins

1216 Hewitt Ave

Winston Apartments

1319 Grand Ave

Julian House Apartments

Roseville Terrace

Richfield House Apartments

1954 Grand Ave

Oxboro Heights - 55+

2906 Snelling Ave N

Glendale Flats and 2396 Myrtle House

Randolph Apartments | 1172

Virginia Apartments

Dayton Avenue Apartments

Cedar Apartments

Innsbruck Villa

St. Clair Commons | 2016

Princeton Hall

515 Cleveland

Blair Place

Groves Apartments

Maple Commons Apartments

Avon Apartments

8811 Blaisdell Ave S

Minnetonka Blvd Apartments

Pleasant Apartments

2500 Edgcumbe Ave Apartments

1522 Grand Avenue

Edina Grand Apartments

Sunset Apartments

Q2

The Lynn Apartments
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 | $1,313 | $595 | $2,529 |
| Cheap Minneapolis 1 Bedroom Apartments | $1,644 | $750 | $6,649 |
| Cheap Minneapolis 2 Bedroom Apartments | $2,191 | $280 | $10,000+ |
| Cheap Minneapolis 3 Bedroom Apartments | $2,603 | $739 | $10,000+ |
| Cheap Minneapolis 4 Bedroom Apartments | $2,378 | $649 | $9,950 |
| Minneapolis 5 Bedroom Apartments | $3,196 | $2,100 | $7,309 |
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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 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 $760.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is Haverhill Apartments which is listed at $782, while the average apartment in Minneapolis costs $3,134.
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 11,634 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 $418 which is $2,716 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 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.
Articles, How-To's, and Tips

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.