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$1,195 - $1,395
Plus Fees
1 to 2 Bedroom Apartments Available Now1st Avenue Flats
1821 1st Ave SMinneapolis, MN 55403
Cheap Apartments for Rent in Minneapolis, MN from $400 (1,702 Rentals) Page 5 of 35
Search the lowest-cost Apartments available for rent right now in Minneapolis.
11 S 12th St
MinneapolisMN55403
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Rent Specials
$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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Rent Specials
$1,199 - $1,354
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,350
Required Monthly Fees
$4
Total Monthly Price
$1,199 - $1,354
Broadway Flats
2505 Penn Ave NMinneapolis, MN 55411
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$1,200 - $1,500
Plus Fees
Studio to 2 Bedroom Apartments Available NowAllegro
4440 Beard Ave SMinneapolis, MN 55410
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$1,200 - $1,700
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,145 - $1,645
Required Monthly Fees
$55
Total Monthly Price
$1,200 - $1,700
Odie Apartments
607 W 28th StMinneapolis, MN 55408
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$1,200 - $2,700
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Available Now617 10th Avenue SE
617 10th Ave SEMinneapolis, MN 55414
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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
2021 3rd Ave S
MinneapolisMN55404
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Rent Specials
$1,203 - $3,932
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,145 - $3,874
Required Monthly Fees
$58
Total Monthly Price
$1,203 - $3,932
Duffey Lofts
528 N Washington AveMinneapolis, MN 55401
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$1,205 - $2,025
Total Monthly Price
Studio to 2 Bedroom Apartments Available Dec 31Total Monthly Price
Base Rent
$1,205 - $2,025
Total Monthly Price
$1,205 - $2,025
2920 Dean Parkway Apartments
2920 Dean PkyMinneapolis, MN 55416
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Rent Specials
$1,209 - $1,734
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,205 - $1,730
Required Monthly Fees
$4
Total Monthly Price
$1,209 - $1,734
Lake Street Dwelling
410-510 W Lake StMinneapolis, MN 55408
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$1,210
Total Monthly Price
1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,145
Required Monthly Fees
$65
Total Monthly Price
$1,210
River Gates Apartments
3000 W River PkyMinneapolis, MN 55406
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$1,210 - $1,285
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Bessemer at Seward Commons
2220 Snelling AveMinneapolis, MN 55404
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Rent Specials
$1,210 - $1,500
Plus Fees
Studio to 2 Bedroom Apartments Available NowDeco 265
265 Girard Ave NMinneapolis, MN 55405
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Rent Specials
$1,213 - $1,642
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,209 - $1,638
Required Monthly Fees
$4
Total Monthly Price
$1,213 - $1,642
Mill City Quarter
300 S 2nd StMinneapolis, MN 55401
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Rent Specials
$1,214 - $3,454
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,200 - $3,440
Required Monthly Fees
$14
Total Monthly Price
$1,214 - $3,454
Track 29 Apartments
2841 Bryant Ave SMinneapolis, MN 55408
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$1,220
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Feb 6, 20262800 Girard Apartments
2800 Girard Ave SMinneapolis, MN 55408
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$1,225
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityThe Marshall
1011 Marshall St NEMinneapolis, MN 55413
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$1,225 - $1,975
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,150 - $1,900
Required Monthly Fees
$75
Total Monthly Price
$1,225 - $1,975
Marko Apartments
711 8th St SEMinneapolis, MN 55414
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Rent Specials
$1,231 - $1,456
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,170 - $1,395
Required Monthly Fees
$61
Total Monthly Price
$1,231 - $1,456
The Birchway Apartments
5716 Winnetka Ave NMinneapolis, MN 55428
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Rent Specials
$1,235 - $1,905
Plus Fees
Studio to 2 Bedroom Apartments Available NowArrive Loring Park
18 W 15th StMinneapolis, MN 55403
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Rent Specials
$1,235 - $1,520
Plus Fees
Studio to 1 Bedroom Apartments Available NowTree Tops Apartments
3535 S Bryant AveMinneapolis, MN 55408
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$1,235
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityEast River Terrace
2101 E River TerMinneapolis, MN 55414
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$1,235 - $2,725
Plus Fees
Studio to 2 Bedroom Apartments Available Now1010 Lofts
1010 S 7th StMinneapolis, MN 55415
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Rent Specials
$1,236 - $4,101
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,228 - $4,093
Required Monthly Fees
$8
Total Monthly Price
$1,236 - $4,101
Uptown Lake Apartments
1212 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,240 - $1,290
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowFair Oaks Apartment Homes
2421 3rd Ave SMinneapolis, MN 55404
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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
$1,243 - $1,739
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $1,695
Required Monthly Fees
$44
Total Monthly Price
$1,243 - $1,739
Stone Arch I
601-701 Main St SEMinneapolis, MN 55414
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Rent Specials
$1,245
Plus Fees
1 Bedroom Apartments Available NowBowler Lofts
1506 Laurel AveMinneapolis, MN 55403
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$1,245
Plus Fees
1 Bedroom Apartments Available Now416 Property LLC
416 10th Ave NMinneapolis, MN 55401
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Rent Specials
$1,249 - $1,490
Total Monthly Price
Studio to 2 Bedroom Apartments Available Mar 6, 2026Total Monthly Price
Base Rent
$1,245 - $1,486
Required Monthly Fees
$4
Total Monthly Price
$1,249 - $1,490
City Place Lofts
730 Hennepin AveMinneapolis, MN 55403
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$1,250 - $3,475
Plus Fees12 Month Lease Term
1 to 5 Bedroom Apartments Available Now525 Tenth Dinkytown Apartments Student Rental
525 10th Ave SEMinneapolis, MN 55414
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$1,250 - $2,550
Plus Fees
Studio to 2 Bedroom Apartments Available NowMill District City Club
225 Portland AveMinneapolis, MN 55401
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$1,250 - $2,715
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,230 - $2,695
Required Monthly Fees
$20
Total Monthly Price
$1,250 - $2,715
Flux Apartments
2838 Fremont Ave SMinneapolis, MN 55408
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$1,250 - $2,700
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRiverside Homes
617 19th AveMinneapolis, MN 55454
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Rent Specials
$1,250 - $1,300
Plus Fees
2 Bedroom Apartments Available Now2315-2321 Dupont Ave S
2315-2321 Dupont Ave SMinneapolis, MN 55405
4344 Columbus Ave.
MinneapolisMN55407
3705 Chicago Ave
MinneapolisMN55407
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$1,250
Total Monthly Price7 Month Lease Term
2 Bedroom Apartment Available Feb 1, 2026Total Monthly Price
Base Rent
$1,250
Total Monthly Price
$1,250
1015 20th Ave SE, Unit 2
1015 20th Ave SEMinneapolis, MN 55414
2404 Stevens Ave
MinneapolisMN55404
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Rent Specials
$1,254 - $1,499
Plus Fees
Studio to 3 Bedroom Apartments Available NowLyndy Apartments
2905 Harriet Ave SMinneapolis, MN 55408
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$1,255 - $2,325
Plus Fees
Studio to 2 Bedroom Apartments Available NowSanctuary Lofts
3225 E Minnehaha PkyMinneapolis, MN 55417
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$1,255
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,175
Required Monthly Fees
$80
Total Monthly Price
$1,255
Isles West
1115-1125 W 28th StMinneapolis, MN 55408
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Rent Specials
$1,256 - $3,844
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,228 - $3,816
Required Monthly Fees
$28
Total Monthly Price
$1,256 - $3,844
430 Oak Grove
430 Oak Grove StMinneapolis, MN 55403
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Rent Specials
$1,260 - $2,265
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,260 - $2,265
Total Monthly Price
$1,260 - $2,265
Sora
600 S 5th AveMinneapolis, MN 55415
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Rent Specials
$1,262 - $4,293
Plus Fees
Studio to 3 Bedroom Apartments Available NowSoo Line
101 S 5th StMinneapolis, MN 55402
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$1,265 - $1,339
Plus Fees
Studio to 2 Bedroom Apartments Available NowStonehouse Square
215 Broadway St NEMinneapolis, MN 55413
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Rent Specials
$1,266 - $3,070
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,091 - $2,895
Required Monthly Fees
$175
Total Monthly Price
$1,266 - $3,070
The Julia
80 Broadway St NEMinneapolis, MN 55413
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$1,267 - $3,550
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,267 - $3,550
Total Monthly Price
$1,267 - $3,550
Luna
2520 8th St SMinneapolis, MN 55454
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 | $1,303 | $640 | $5,541 |
| Cheap Minneapolis 1 Bedroom Apartments | $1,542 | $500 | $5,800 |
| Cheap Minneapolis 2 Bedroom Apartments | $2,158 | $469 | $10,000+ |
| Cheap Minneapolis 3 Bedroom Apartments | $2,409 | $495 | $10,000+ |
| Cheap Minneapolis 4 Bedroom Apartments | $2,210 | $479 | $7,953 |
| Minneapolis 5 Bedroom Apartments | $3,443 | $2,450 | $3,895 |
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 $717.
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 $2,712.
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 13,702 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 $431 which is $2,281 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
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.