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$1,195 - $1,895
Plus Fees
Studio to 2 Bedroom Apartments Available NowOlive Apartments
3126 Minnehaha AveMinneapolis, MN 55406
Cheap Apartments for Rent in Minneapolis, MN from $400 (1,710 Rentals) Page 5 of 35
Search the lowest-cost Apartments available for rent right now in Minneapolis.
2740 Pleasant Ave
MinneapolisMN55408
3118 Pleasant Ave
MinneapolisMN55408
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$1,199
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Jun 1Total Monthly Price
Base Rent
$1,199
Total Monthly Price
$1,199
3701 West Lake St.
3701 W Lake StMinneapolis, MN 55416
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$1,200 - $1,250
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Jun 1Northumberland Apartments
4220 Winnetka Ave NMinneapolis, MN 55428
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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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Rent Specials
$1,200 - $3,605
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Whit
2201 Blaisdell AveMinneapolis, MN 55404
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$1,200
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$1,200
Total Monthly Price
$1,200
918 Fulton St SE, Unit 2, Unit 2
918 Fulton St SEMinneapolis, MN 55414
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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
1221 29th Avenue Northeast, Unit #2, Unit #2
1221 29th Avenue NortheastMinneapolis, MN 55418
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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, Unit # XXX
1480 47th Ave NEMinneapolis, MN 55421
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$1,200
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Jul 1Total Monthly Price
Base Rent
$1,200
Total Monthly Price
$1,200
3839 24th Ave S, Unit 3839 24th Ave S, Unit 3839 24th Ave S
3839 24th Ave SMinneapolis, MN 55406
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$1,2001 Bedroom Apartments Available Now
500 E Grant St, Unit 22
500 E Grant StMinneapolis, MN 55404
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Rent Specials
$1,203 - $1,438
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $1,434
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The Theodore Apartments 55+
2840 N Wayzata BlvdMinneapolis, MN 55405
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Rent Specials
$1,205 - $1,739
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,201 - $1,735
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Flats at Malcolm Yards
505 SE Malcolm AveMinneapolis, MN 55414
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Rent Specials
$1,205 - $2,565
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,205 - $2,565
Total Monthly Price
$1,205 - $2,565
Fourth Street Co-op Apartments
1227 4th St SEMinneapolis, MN 55414
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Rent Specials
$1,205 - $4,019
Plus Fees
Studio to 2 Bedroom Apartments Available NowUptown Lake Apartments
1212 W Lake StMinneapolis, MN 55408
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$1,207 - $1,946
Total Monthly Price
Studio to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,188 - $1,927
Required Monthly Fees
$19
Total Monthly Price
$1,207 - $1,946
Oaks Station Place
3550 E 46th StMinneapolis, MN 55406
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Rent Specials
$1,208 - $4,043
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,200 - $4,035
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Total Monthly Price
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Blue and Lime
2922 Aldrich Ave SMinneapolis, MN 55408
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Rent Specials
$1,209 - $1,546
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,149 - $1,486
Required Monthly Fees
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Total Monthly Price
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Mission Lofts
1219 W 31st StMinneapolis, MN 55408
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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
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Total Monthly Price
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Lake Street Dwelling
410-510 W Lake StMinneapolis, MN 55408
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$1,210 - $1,800
Total Monthly Price
Studio to 1 Bedroom Apartments Available Jun 15Total Monthly Price
Base Rent
$1,160 - $1,750
Required Monthly Fees
$50
Total Monthly Price
$1,210 - $1,800
Hiawatha Flats
3625 E 43rd StMinneapolis, MN 55406
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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
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Total Monthly Price
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Mill City Quarter
300 S 2nd StMinneapolis, MN 55401
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$1,215 - $1,488
Plus Fees
Studio to 3 Bedroom Apartments Available NowLyndy Apartments
2905 Harriet Ave SMinneapolis, MN 55408
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$1,215 - $2,035
Total Monthly Price
Studio to 2 Bedroom Apartments Available May 31Total 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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$1,217 - $2,215
Total Monthly Price
Studio to 2 Bedroom Apartments Available May 30Total Monthly Price
Base Rent
$1,202 - $2,200
Required Monthly Fees
$15
Total Monthly Price
$1,217 - $2,215
Oaks Minnehaha Longfellow
5329 48th Ave SMinneapolis, MN 55417
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Rent Specials
$1,221 - $1,650
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,221 - $1,650
Total Monthly Price
$1,221 - $1,650
Buzza Lofts of Uptown
1006 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,222 - $1,677
Total Monthly Price14 Month Lease Term
Studio Apartments Available NowTotal 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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Rent Specials
$1,223 - $3,888
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,215 - $3,880
Required Monthly Fees
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Total Monthly Price
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Inspire
2837 Emerson Ave SMinneapolis, MN 55408
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$1,233 - $1,583
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available Jun 1Total Monthly Price
Base Rent
$1,225 - $1,575
Required Monthly Fees
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Total Monthly Price
Varies
2800 Girard Apartments
2800 Girard Ave SMinneapolis, MN 55408
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$1,234 - $1,269
Total Monthly Price
2 Bedroom Apartments Available Aug 1Total Monthly Price
Base Rent
$1,215 - $1,250
Required Monthly Fees
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Total Monthly Price
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First Place Apartments
2312 1st Ave SMinneapolis, MN 55404
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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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Rent Specials
$1,245 - $2,920
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Asher
1125 Lagoon AveMinneapolis, MN 55408
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Rent Specials
$1,245 - $1,595
Plus Fees
1 Bedroom Apartments Available Jun 6311 Kenwood Pkwy
311 Kenwood PkyMinneapolis, MN 55403
2706 Humboldt Ave S
MinneapolisMN55408
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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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$1,249 - $2,835
Total Monthly Price1 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,249 - $2,835
Total Monthly Price
$1,249 - $2,835
Phoenix North Loop
915 Washington Ave NMinneapolis, MN 55401
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$1,249 - $1,628
Plus Fees
Studio to 2 Bedroom Apartments Available NowRevel
1300 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,250 - $1,995
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Argo
3120 E 36th StMinneapolis, MN 55406
2212 6th St NE
MinneapolisMN55418
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$1,2501 Bedroom Apartments Available Now
3606 N Bryant Ave, Unit 2
3606 N Bryant AveMinneapolis, MN 55412
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Rent Specials
$1,252 - $2,465
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $2,412
Required Monthly Fees
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Total Monthly Price
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Eitel Apartments
1367 Willow StMinneapolis, MN 55403
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Rent Specials
$1,255 - $2,550
Total Monthly Price18 Month Lease Term
Studio to 3 Bedroom Apartments Available Jun 26Total Monthly Price
Base Rent
$1,200 - $2,495
Required Monthly Fees
$55
Total Monthly Price
$1,255 - $2,550
Rosa
4201 Nicollet AveMinneapolis, MN 55409
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$1,259 - $1,379
Plus Fees
1 Bedroom Apartments Available May 22Arrive Loring Park
18 W 15th StMinneapolis, MN 55403
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$1,260 - $1,690
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,625
Required Monthly Fees
$65
Total Monthly Price
$1,260 - $1,690
Lake West on France
3028 Ewing Ave SMinneapolis, MN 55416
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Rent Specials
$1,265 - $2,155
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,260 - $2,150
Required Monthly Fees
Varies
Total Monthly Price
Varies
Satori Apartments
835 W Broadway AveMinneapolis, MN 55411
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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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$1,270 - $2,575
Plus Fees
Studio to 2 Bedroom Apartments Available Now1010 Lofts
1010 S 7th StMinneapolis, MN 55415
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Rent Specials
$1,271 - $3,463
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,190 - $3,382
Required Monthly Fees
Varies
Total Monthly Price
Varies
The Bohen Apartments
2851 Hennepin AveMinneapolis, MN 55408
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$1,275 - $1,780
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,260 - $1,765
Required Monthly Fees
$15
Total Monthly Price
$1,275 - $1,780
Wakpada Apartments
4603 Minnehaha AveMinneapolis, MN 55406
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Rent Specials
$1,275 - $1,325
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowFair Oaks Apartment Homes
2421 3rd Ave SMinneapolis, MN 55404
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 | $1,325 | $640 | $3,769 |
| Cheap Minneapolis 1 Bedroom Apartments | $1,636 | $500 | $7,259 |
| Cheap Minneapolis 2 Bedroom Apartments | $2,194 | $469 | $10,000+ |
| Cheap Minneapolis 3 Bedroom Apartments | $2,685 | $739 | $10,000+ |
| Cheap Minneapolis 4 Bedroom Apartments | $1,965 | $649 | $9,950 |
| Minneapolis 5 Bedroom Apartments | $4,220 | $2,200 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Minneapolis, MN Area Reviews
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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 $772.
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 $3,293.
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 12,191 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 $444 which is $2,849 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.