Cheap Apartments for Rent in Minneapolis, MN from $300 (1,632 Rentals) Page 5 of 33

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Lake Street Dwelling
Rent Specials
$1,200 - $1,734
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,196 - $1,730
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Lake Street Dwelling

410-510 W Lake StMinneapolis, MN 55408
Transit Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 2433 Blaisdell Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

2433 Blaisdell Ave

MinneapolisMN55404
close
View Me
Rosa
Rent Specials
$1,200 - $2,795
Plus Fees18 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Rosa

4201 Nicollet AveMinneapolis, MN 55409
Transit Friendly
  • Verified
  • 3D Tour
close
View Me
918 Fulton St SE, Unit 2
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
2 Bedroom Apartment Available Sep 1

918 Fulton St SE, Unit 2

918 Fulton St SEMinneapolis, MN 55414
Affordability
  • Smoke Free
close
View Me
The Theodore Apartments 55+
Rent Specials
$1,203 - $1,438
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,434
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Theodore Apartments 55+

2840 N Wayzata BlvdMinneapolis, MN 55405
Senior Living
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
FIT
Rent Specials
$1,203 - $1,858
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,850
Required Monthly Fees
$8

Total Monthly Price
$1,203 - $1,858
Studio to 2 Bedroom Apartments Available Now

FIT

515 E Grant StMinneapolis, MN 55404
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Lago Apartments
$1,203 - $2,159
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $2,155
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Lago Apartments

500 W Lake StMinneapolis, MN 55408
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Flats at Malcolm Yards
Rent Specials
$1,205 - $1,739
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,201 - $1,735
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Flats at Malcolm Yards

505 SE Malcolm AveMinneapolis, MN 55414
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Oaks Station Place
$1,207 - $1,880
Total Monthly Price

Total Monthly Price

Base Rent
$1,188 - $1,861
Required Monthly Fees
$19

Total Monthly Price
$1,207 - $1,880
Studio to 2 Bedroom Apartments Available Jul 17

Oaks Station Place

3550 E 46th StMinneapolis, MN 55406
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Blue and Lime
Rent Specials
$1,208 - $3,873
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $3,865
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Blue and Lime

2922 Aldrich Ave SMinneapolis, MN 55408
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Rym Apartments
Rent Specials
$1,212 - $1,677
Total Monthly Price14 Month Lease Term

Total Monthly Price

Base Rent
$1,135 - $1,600
Required Monthly Fees
$77

Total Monthly Price
$1,212 - $1,677
Studio Apartments Available Now

Rym Apartments

309-NE Ulysses StMinneapolis, MN 55413
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Mill City Quarter
Rent Specials
$1,213 - $1,462
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,209 - $1,458
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Mill City Quarter

300 S 2nd StMinneapolis, MN 55401
Transit Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Chelsea Park
$1,215 - $1,620
Total Monthly Price

Total Monthly Price

Base Rent
$1,215 - $1,620

Total Monthly Price
$1,215 - $1,620
1 to 2 Bedroom Apartments Contact Us For Availability

Chelsea Park

4200 45th Ave NMinneapolis, MN 55422
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Oaks Minnehaha Longfellow
$1,217 - $2,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,202 - $2,200
Required Monthly Fees
$15

Total Monthly Price
$1,217 - $2,215
Studio to 2 Bedroom Apartments Available Now

Oaks Minnehaha Longfellow

5329 48th Ave SMinneapolis, MN 55417
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Huck Apartments
$1,222 - $3,501
Total Monthly Price

Total Monthly Price

Base Rent
$1,066 - $3,345
Required Monthly Fees
$156

Total Monthly Price
$1,222 - $3,501
1 to 3 Bedroom Apartments Available Now

Huck Apartments

402 2nd St NEMinneapolis, MN 55413
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 3104 Lyndale Ave S

$1,225

Total Monthly Price

Total Monthly Price

Base Rent
$1,225

Total Monthly Price
$1,225

1 Bedroom, 1 Bath Home for Rent

Available Oct 1

3104 Lyndale Ave S

MinneapolisMN55408
close
View Me
Minnehaha Manor Apartments
$1,238 - $1,538
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,395
Required Monthly Fees
$143

Total Monthly Price
$1,238 - $1,538
1 to 2 Bedroom Apartments Available Now

Minnehaha Manor Apartments

5315 Minnehaha Ave SMinneapolis, MN 55417
Affordability
  • Verified
  • Utilities Included
  • Smoke Free
close
View Me
Mission Lofts
Rent Specials
$1,247 - $1,890
Total Monthly Price

Total Monthly Price

Base Rent
$1,187 - $1,830
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

Mission Lofts

1219 W 31st StMinneapolis, MN 55408
Transit Friendly
  • Verified
  • Utilities Included
  • 3D Tour
property at 1315 N Dowling Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Home for Rent

Available Jul 15

1315 N Dowling Ave

MinneapolisMN55412
property at 15 S 1st St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

Studio, 1 Bath Home for Rent

Available Now

15 S 1st St

MinneapolisMN55401
property at 222 N Logan Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom Rentals

Available Now

222 N Logan Ave

MinneapolisMN55405
close
View Me
The Bryn
$1,260 - $1,490
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,425
Required Monthly Fees
$65

Total Monthly Price
$1,260 - $1,490
1 Bedroom Apartments Available Sep 1

The Bryn

2823 Wayzata BlvdMinneapolis, MN 55405
Student Housing
  • Verified
  • Customer Reviewed
  • Smoke Free
close
View Me
Buzza Lofts of Uptown
Rent Specials
$1,261 - $1,753
Total Monthly Price

Total Monthly Price

Base Rent
$1,261 - $1,753

Total Monthly Price
$1,261 - $1,753
Studio to 2 Bedroom Apartments Available Now

Buzza Lofts of Uptown

1006 W Lake StMinneapolis, MN 55408
Transit Friendly
  • Verified
  • Utilities Included
  • Low Income
close
View Me
Isles West
$1,270 - $1,505
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,190 - $1,425
Required Monthly Fees
$80

Total Monthly Price
$1,270 - $1,505
1 to 2 Bedroom Apartments Available Aug 1

Isles West

1115-1125 W 28th StMinneapolis, MN 55408
Transit Friendly
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
Third North Apartments
$1,278 - $1,857
Total Monthly Price

Total Monthly Price

Base Rent
$1,270 - $1,849
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Third North Apartments

800 N 3rd StMinneapolis, MN 55401
Transit Friendly
  • Verified
  • Customer Reviewed
close
View Me
MODI
Rent Specials
$1,279 - $1,749
Total Monthly Price

Total Monthly Price

Base Rent
$929 - $1,399
Required Monthly Fees
$350

Total Monthly Price
$1,279 - $1,749
Studio to 1 Bedroom Apartments Available Now

MODI

2015 Lyndale AveMinneapolis, MN 55405
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
MOD42 Apartments
Rent Specials
$1,279 - $1,549
Total Monthly Price

Total Monthly Price

Base Rent
$929 - $1,199
Required Monthly Fees
$350

Total Monthly Price
$1,279 - $1,549
Studio to 1 Bedroom Apartments Available Aug 21

MOD42 Apartments

4200 S 32nd AveMinneapolis, MN 55406
Affordability
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
Revel
$1,289 - $2,044
Total Monthly Price

Total Monthly Price

Base Rent
$1,289 - $2,044

Total Monthly Price
$1,289 - $2,044
Studio to 2 Bedroom Apartments Available Now

Revel

1300 W Lake StMinneapolis, MN 55408
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Minneapolis, MN Area Reviews

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

Stephanie4+ 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 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 $3,205.

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 11,642 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 $416 which is $2,789 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

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 Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters article

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.

decorative image for Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers article

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.

decorative image for Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes article

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.