
Cheap Apartments for Rent in Minneapolis, MN from $400 (1,710 Rentals) Page 6 of 35
Search the lowest-cost Apartments available for rent right now in Minneapolis.


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430 Oak Grove

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Lago Apartments

Soo Line

4101 Parklawn Ave

Thornton Place Apartments

Groove Lofts

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Overlook on 100

The Metro Apartments

Creamette Historic Lofts

East Village

Karinsplass Apartments

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Flux Apartments

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1115 Humboldt Ave N

Runnstone Senior Living

2219 5th Ave S

1715 Glenwood Ave

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1027 43rd Ave N, Unit Apt #3 - HEAT INCLUDED, Unit Apt #3 - HEAT INCLUDED

Nox Apartments

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MPA / Marcy Park Apartments

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Stone Arch I

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Luna Apartments

Lowa46

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1500 Nicollet

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City Limits Apartments

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Huxley Apartments

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Fulton Terrace

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Isles West

One Ten Grant

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Volo at Texa Tonka

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The Hall Lofts

Boutique 28

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2600 Bryant Ave S

1504 4th St NE

2637 Pleasant Ave

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The Grand Mill District

Minnehaha 94

3004 Ottawa Ave S

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Huck Apartments

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Vue Apartment Homes

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The Laker

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Hencen

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Robin Court

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Isles East

314 Knox Ave N

Laurel Apartments

3212 Fremont Ave S, Unit 302

Green on 4th

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Viridium Apartments

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Kenwood Gables
Minneapolis, MN Local Guide

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+ |
Browse Top Apartments in Minneapolis
See all Apartments in MinneapolisExplore Minneapolis
Minneapolis, MN Area Reviews
Stephanie • 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.