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$1,195 - $1,495
Plus Fees
1 Bedroom Apartments Available Now311 Kenwood Apartments
311 Kenwood PkyMinneapolis, MN 55403
Cheap Apartments for Rent in Minneapolis, MN from $300 (1,619 Rentals) Page 5 of 33
Search the lowest-cost Apartments available for rent right now in Minneapolis.
2530 1st Ave S
MinneapolisMN55404
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$1,195 - $1,975
Plus Fees
Studio to 2 Bedroom Apartments Available May 1The Argo
3120 36th AveMinneapolis, MN 55406
962 29th Ave NE
MinneapolisMN55418
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$1,199 - $1,699
Plus Fees
1 to 2 Bedroom Apartments Available NowDakar on Lake
1626 E Lake StMinneapolis, MN 55407
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$1,200
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,200
Total Monthly Price
$1,200
3105 16th Ave S, Unit Unit Three
3105 16th Ave SMinneapolis, MN 55407
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$1,200
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,200
Total Monthly Price
$1,200
1480 47th Ave NE, Unit # XXX
1480 47th Ave NEMinneapolis, MN 55421
17210 25th Ave N
MinneapolisMN55447
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$1,200 - $1,450
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Apr 5North Creek
560 Humboldt Ave NMinneapolis, MN 55405
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$1,2001 Bedroom Apartments Available Now
521 S 7th St
521 S 7th StMinneapolis, MN 55415
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$1,200 - $1,500
Plus Fees
Studio to 2 Bedroom Apartments Available NowAllegro
4440 Beard Ave SMinneapolis, MN 55410
3237 Lyndale Ave S
MinneapolisMN55408
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$1,203 - $1,438
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,199 - $1,434
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The Theodore Apartments 55+
2840 N Wayzata BlvdMinneapolis, MN 55405
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$1,203 - $1,858
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,850
Required Monthly Fees
$8
Total Monthly Price
$1,203 - $1,858
FIT
515 E Grant StMinneapolis, MN 55404
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$1,205 - $1,739
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,201 - $1,735
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Flats at Malcolm Yards
505 SE Malcolm AveMinneapolis, MN 55414
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$1,209 - $1,734
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,205 - $1,730
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Lake Street Dwelling
410-510 W Lake StMinneapolis, MN 55408
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$1,210 - $1,705
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Apr 17Colony Apartment Homes
1740 1/2 W 76th StMinneapolis, MN 55423
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$1,212 - $2,210
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,202 - $2,200
Required Monthly Fees
$10
Total Monthly Price
$1,212 - $2,210
Oaks Minnehaha Longfellow
5329 48th Ave SMinneapolis, MN 55417
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$1,213 - $1,462
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,209 - $1,458
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Mill City Quarter
300 S 2nd StMinneapolis, MN 55401
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$1,215 - $2,035
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,215 - $2,035
Total Monthly Price
$1,215 - $2,035
2920 Dean Parkway Apartments
2920 Dean PkyMinneapolis, MN 55416
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$1,220 - $1,765
Plus Fees
Studio to 2 Bedroom Apartments Available NowWakpada Apartments
4603 Minnehaha AveMinneapolis, MN 55406
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$1,222 - $1,677
Total Monthly Price12 Month Lease Term
Studio Apartments Available May 6Total Monthly Price
Base Rent
$1,145 - $1,600
Required Monthly Fees
$77
Total Monthly Price
$1,222 - $1,677
Rym Apartments
309-NE Ulysses StMinneapolis, MN 55413
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$1,223 - $1,935
Plus Fees
Studio to 2 Bedroom Apartments Available NowRevel
1300 W Lake StMinneapolis, MN 55408
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$1,225 - $3,440
Plus Fees
Studio to 2 Bedroom Apartments Available NowMarbella on Dean
3036 W Lake StMinneapolis, MN 55416
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$1,225 - $1,995
Plus Fees
Studio to 2 Bedroom Apartments Available May 5Olive Apartments
3126 Minnehaha AveMinneapolis, MN 55406
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Rent Specials
$1,227 - $2,804
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Walkway
1320 W Lake StMinneapolis, MN 55408
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$1,230
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,075
Required Monthly Fees
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3500 Dupont Ave
3500 Dupont Ave SMinneapolis, MN 55408
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$1,235 - $1,595
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available May 12800 Girard Apartments
2800 Girard Ave SMinneapolis, MN 55408
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$1,238 - $1,538
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,095 - $1,395
Required Monthly Fees
$143
Total Monthly Price
$1,238 - $1,538
Minnehaha Manor Apartments
5315 Minnehaha Ave SMinneapolis, MN 55417
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$1,240
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityLocal 15
1501 Como Ave SEMinneapolis, MN 55414
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Rent Specials
$1,240 - $1,630
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowFair Oaks Apartment Homes
2421 3rd Ave SMinneapolis, MN 55404
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Rent Specials
$1,245 - $4,032
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,245 - $4,032
Total Monthly Price
$1,245 - $4,032
Sora
600 S 5th AveMinneapolis, MN 55415
924 21st Ave S
MinneapolisMN55404
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Rent Specials
$1,247 - $3,504
Plus Fees
Studio to 2 Bedroom Apartments Available NowDuffey Lofts
528 N Washington AveMinneapolis, MN 55401
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Rent Specials
$1,247 - $1,327
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,215 - $1,295
Required Monthly Fees
$32
Total Monthly Price
$1,247 - $1,327
Corner 29 Apartments
2913 29th Ave SMinneapolis, MN 55406
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$1,248 - $1,417
Plus Fees
Studio to 1 Bedroom Apartments Available NowLadder 260
260 Portland AveMinneapolis, MN 55415
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Rent Specials
$1,249 - $4,049
Plus Fees
Studio to 3 Bedroom Apartments Available NowSoo Line
101 S 5th StMinneapolis, MN 55402
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$1,249 - $2,379
Plus Fees
1 to 2 Bedroom Apartments Available Apr 9ReNew Minnehaha
6045 Lyndale AveMinneapolis, MN 55419
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$1,250 - $4,018
Plus Fees
Studio to 3 Bedroom Apartments Contact Us For AvailabilityThe Ellory
225 Portland AveMinneapolis, MN 55401
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$1,2502 Bedroom Apartments Available Now
515 5th St SE
515 5th St SEMinneapolis, MN 55414
1000 Peters Pl
MinneapolisMN55421
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$1,2502 Bedroom Apartments Available Now
825 Russell Ave N
825 Russell Ave NMinneapolis, MN 55411
2932 15th Ave S
MinneapolisMN55407
405 N Queen Ave
MinneapolisMN55405
2404 Stevens Ave
MinneapolisMN55404
99 E 54th St
MinneapolisMN55419
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$1,252 - $1,517
Total Monthly Price
1 to 2 Bedroom Apartments Available Jun 1Total Monthly Price
Base Rent
$1,235 - $1,500
Required Monthly Fees
Varies
Total Monthly Price
Varies
Riverside Flats
940 Franklin TerMinneapolis, MN 55406
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$1,255 - $1,650
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,100 - $1,495
Required Monthly Fees
Varies
Total Monthly Price
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Creek Terrace
616 W 53rd StMinneapolis, MN 55419
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$1,255 - $1,475
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,175 - $1,395
Required Monthly Fees
$80
Total Monthly Price
$1,255 - $1,475
Isles East
1101-1105 W 28th StMinneapolis, MN 55408
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$1,256 - $1,607
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityLux Apartments
6100 Summit Dr NMinneapolis, MN 55430
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 | $1,310 | $640 | $2,847 |
| Cheap Minneapolis 1 Bedroom Apartments | $1,602 | $500 | $8,819 |
| Cheap Minneapolis 2 Bedroom Apartments | $2,201 | $469 | $10,000+ |
| Cheap Minneapolis 3 Bedroom Apartments | $2,656 | $729 | $10,000+ |
| Cheap Minneapolis 4 Bedroom Apartments | $1,912 | $639 | $7,824 |
| Minneapolis 5 Bedroom Apartments | $2,990 | $2,029 | $3,495 |
| Minneapolis 6 Bedroom Apartments | $3,390 | $2,600 | $4,650 |
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?
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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 $745.
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 $2,803.
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 13,254 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 $410 which is $2,393 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
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.