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$1,268
Total Monthly Price
2 Bedroom Apartments Available Mar 1, 2026Total Monthly Price
Base Rent
$1,250
Required Monthly Fees
$18
Total Monthly Price
$1,268
First Place Apartments
2312 1st Ave SMinneapolis, MN 55404
Cheap Apartments for Rent in Minneapolis, MN from $400 (1,702 Rentals) Page 6 of 35
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$1,270
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,115
Required Monthly Fees
$155
Total Monthly Price
$1,270
3500 Dupont Apartments
3500 Dupont Ave SMinneapolis, MN 55408
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$1,271
Total Monthly Price
2 Bedroom Apartments Available Feb 1, 2026Total Monthly Price
Base Rent
$1,250
Required Monthly Fees
$21
Total Monthly Price
$1,271
Quarry Place
1830 Hayes St NEMinneapolis, MN 55418
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$1,275 - $1,575
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,195 - $1,495
Required Monthly Fees
$80
Total Monthly Price
$1,275 - $1,575
Fulton Terrace
2915 W 50th StMinneapolis, MN 55410
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$1,275 - $1,950
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Metro Apartments
90 S 9th StMinneapolis, MN 55402
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$1,275 - $2,435
Plus Fees
Studio to 2 Bedroom Apartments Available NowHiawatha Flats
3625 E 43rd StMinneapolis, MN 55406
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Rent Specials
$1,279 - $1,894
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,275 - $1,890
Required Monthly Fees
$4
Total Monthly Price
$1,279 - $1,894
Lago Apartments
500 W Lake StMinneapolis, MN 55408
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$1,280 - $2,895
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,215 - $2,830
Required Monthly Fees
$65
Total Monthly Price
$1,280 - $2,895
Akin Apartments
3536 Nicollet AveMinneapolis, MN 55408
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Rent Specials
$1,281 - $2,851
Plus Fees
Studio to 3 Bedroom Apartments Available NowHQ Apartments
816 Portland Ave SMinneapolis, MN 55404
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Rent Specials
$1,282 - $3,208
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,274 - $3,200
Required Monthly Fees
$8
Total Monthly Price
$1,282 - $3,208
Satori
835 W Broadway AveMinneapolis, MN 55411
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Rent Specials
$1,284 - $2,210
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,274 - $2,200
Required Monthly Fees
$10
Total Monthly Price
$1,284 - $2,210
Oaks Minnehaha Longfellow
5329 48th Ave SMinneapolis, MN 55417
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Rent Specials
$1,289 - $3,828
Plus Fees
1 to 2 Bedroom Apartments Available NowBeck46
4020 Nawadaha BlvdMinneapolis, MN 55406
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$1,295
Plus Fees
2 Bedroom Apartments Available NowLake Harriet Commons
4416 S Chowen AveMinneapolis, MN 55410
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$1,295
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThe Bryn
2823 Wayzata BlvdMinneapolis, MN 55405
924 21st Ave S
MinneapolisMN55404
1357 Pennsylvania Ave S
MinneapolisMN55426
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$1,295
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,295
Total Monthly Price
$1,295
2539 Quincy St NE, Unit 2539 Unit
2539 Quincy St NEMinneapolis, MN 55418
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99 E 54th St
MinneapolisMN55419
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Rent Specials
$1,296 - $2,430
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Palmer
600 N 5th StMinneapolis, MN 55401
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Rent Specials
$1,299
Plus Fees
1 Bedroom Apartments Available Jan 15, 2026MoDI Apartments
2015 Lyndale AveMinneapolis, MN 55405
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$1,299
Plus Fees
2 Bedroom Apartments Available Now1400-1408 Spruce Pl – Oak Grove Downtown
1400-1408 Spruce PlMinneapolis, MN 55403
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$1,300
Total Monthly Price12 Month Lease Term
3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,300
Total Monthly Price
$1,300
1115 Humboldt Ave N
1115 Humboldt Ave NMinneapolis, MN 55411
309-311 W 28th St
MinneapolisMN55408
2937-2939 Fremont Ave N
MinneapolisMN55411
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$1,300 - $1,500
Plus Fees1 Month Lease Term
1 to 2 Bedroom Apartments Available NowRunnstone Senior Living
1509 10th Ave SMinneapolis, MN 55404
3140 16th Ave S
MinneapolisMN55407
2219 5th Ave S
MinneapolisMN55404
3429 2nd Ave S
MinneapolisMN55408
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$1,300
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,300
Total Monthly Price
$1,300
1609 4th St NE, Unit 2
1609 4th St NEMinneapolis, MN 55413
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$1,300
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,300
Total Monthly Price
$1,300
1221 29th Avenue Northeast, Unit Unit #4
1221 29th Avenue NortheastMinneapolis, MN 55418
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$1,300 - $1,650
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityKarinsplass Apartments
2015 Riverside AveMinneapolis, MN 55454
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Rent Specials
$1,300 - $2,465
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available Jan 2, 2026Total Monthly Price
Base Rent
$1,300 - $2,465
Total Monthly Price
$1,300 - $2,465
Huxley Apartments
657 22nd Ave NEMinneapolis, MN 55418
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$1,300 - $1,880
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,245 - $1,825
Required Monthly Fees
$55
Total Monthly Price
$1,300 - $1,880
Kolo Apartments
3616 Bryant Ave SouthMinneapolis, MN 55409
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Rent Specials
$1,300 - $1,540
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,245 - $1,485
Required Monthly Fees
$55
Total Monthly Price
$1,300 - $1,540
Wakpada Apartments
4603 Minnehaha AveMinneapolis, MN 55406
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Rent Specials
$1,304 - $2,503
Total Monthly Price12 Month Lease Term
1 to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,300 - $2,499
Required Monthly Fees
$4
Total Monthly Price
$1,304 - $2,503
MPA / Marcy Park Apartments
1015 8th StMinneapolis, MN 55414
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Rent Specials
$1,304 - $2,396
Plus Fees
Studio to 4 Bedroom Apartments Available NowGroove Lofts
608 2nd Ave SMinneapolis, MN 55402
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Rent Specials
$1,307 - $1,650
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,252 - $1,595
Required Monthly Fees
$55
Total Monthly Price
$1,307 - $1,650
Lumos Apartments
2826 Girard Ave SMinneapolis, MN 55408
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$1,315
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,295
Required Monthly Fees
$20
Total Monthly Price
$1,315
Motiv Apartments
1006 W 24th StMinneapolis, MN 55405
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$1,316 - $2,683
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,316 - $2,683
Total Monthly Price
$1,316 - $2,683
The Shale
4757 Hiawatha AveMinneapolis, MN 55406
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Rent Specials
$1,317 - $2,930
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Asher
1125 Lagoon AveMinneapolis, MN 55408
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$1,320 - $3,395
Plus Fees
1 to 2 Bedroom Apartments Available NowChurchill
111 Marquette Ave SMinneapolis, MN 55401
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Rent Specials
$1,321 - $2,276
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,321 - $2,276
Total Monthly Price
$1,321 - $2,276
The Station at Malcolm Yards
485 Malcolm Ave SEMinneapolis, MN 55414
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Rent Specials
$1,325 - $1,555
Plus Fees
1 Bedroom Apartments Available Now311 Kenwood Apartments
311 Kenwood PkyMinneapolis, MN 55403
1000 18th Ave SE
MinneapolisMN55414
7330 York Ave S
MinneapolisMN55435
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Rent Specials
$1,330 - $1,425
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,300 - $1,395
Required Monthly Fees
$30
Total Monthly Price
$1,330 - $1,425
City Limits Apartments
127 E 59th StMinneapolis, MN 55419
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Rent Specials
$1,331 - $2,397
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowOne Ten Grant
110 W Grant StMinneapolis, MN 55403
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Rent Specials
$1,339 - $3,805
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,164 - $3,630
Required Monthly Fees
$175
Total Monthly Price
$1,339 - $3,805
Lucille
1025 Main StMinneapolis, MN 55413
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Rent Specials
$1,344 - $3,327
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,329 - $3,312
Required Monthly Fees
$15
Total Monthly Price
$1,344 - $3,327
The Laker
2500 2nd St NEMinneapolis, MN 55418
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?
Let everyone know!
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.