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$1,345 - $1,925
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1 to 2 Bedroom Apartments Available Now3828 Apartments
3806 28th AveMinneapolis, MN 55406
Cheap Apartments for Rent in Minneapolis, MN from $400 (1,702 Rentals) Page 7 of 35
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$1,346 - $3,950
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,265 - $3,869
Required Monthly Fees
$81
Total Monthly Price
$1,346 - $3,950
The Bohen Apartments
2851 Hennepin AveMinneapolis, MN 55408
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$1,348 - $1,827
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowFive15 on the Park
515 15th Ave SMinneapolis, MN 55454
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$1,349 - $2,749
Total Monthly Price
1 to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,345 - $2,745
Required Monthly Fees
$4
Total Monthly Price
$1,349 - $2,749
Spectrum Apartments & Townhomes
815 9th Ave SEMinneapolis, MN 55414
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$1,349 - $1,575
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,249 - $1,475
Required Monthly Fees
$100
Total Monthly Price
$1,349 - $1,575
Gopher Commons 1701
1701-1725 Elm St SEMinneapolis, MN 55414
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$1,350 - $1,550
Plus Fees
2 to 3 Bedroom Apartments Available NowWest Broadway Crescent
2000 W Broadway Ave NEMinneapolis, MN 55411
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$1,350 - $1,750
Plus Fees
1 Bedroom Apartments Available NowCreamette Historic Lofts
432 1st St NMinneapolis, MN 55401
1311-1313 Franklin Ave SE
MinneapolisMN55414
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$1,350
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,350
Total Monthly Price
$1,350
2621 Colfax Ave S, Unit 1
2621 Colfax Ave SMinneapolis, MN 55408
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$1,350
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,350
Total Monthly Price
$1,350
340 15th Ave NE, Unit 2nd floor
340 15th Ave NEMinneapolis, MN 55413
2709 N Aldrich Ave
MinneapolisMN55411
1920 1st Ave S
MinneapolisMN55403
2006 2nd Ave S
MinneapolisMN55404
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$1,351 - $2,486
Plus Fees
Studio to 3 Bedroom Apartments Available NowRed 20 Apartments
20 6th St NEMinneapolis, MN 55413
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Rent Specials
$1,355 - $2,050
Plus Fees
1 to 2 Bedroom Apartments Available Now3725 Stinson
3725 Stinson BlvdMinneapolis, MN 55421
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$1,360 - $1,695
Total Monthly Price
2 to 3 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,360 - $1,695
Total Monthly Price
$1,360 - $1,695
Robin Court
4400 45th Ave NMinneapolis, MN 55422
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$1,361 - $2,023
Plus Fees
Studio to 3 Bedroom Apartments Available Now1500 Nicollet
1500 Nicollet Ave SMinneapolis, MN 55403
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Rent Specials
$1,365 - $5,661
Plus Fees
1 to 2 Bedroom Apartments Available NowLowa46
4621 Snelling AveMinneapolis, MN 55406
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$1,365 - $1,465
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,345 - $1,445
Required Monthly Fees
$20
Total Monthly Price
$1,365 - $1,465
Parkway West Apartments
4556 S 46th AveMinneapolis, MN 55406
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$1,368 - $2,775
Plus Fees
Studio to 2 Bedroom Apartments Available NowEast End
240 Chicago AveMinneapolis, MN 55415
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Rent Specials
$1,374 - $1,919
Plus Fees
1 to 2 Bedroom Apartments Available NowELEVATE Apartment Homes
1117 Marquette AveMinneapolis, MN 55403
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Rent Specials
$1,375 - $2,990
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,375 - $2,990
Total Monthly Price
$1,375 - $2,990
Kenwood Gables
700 Douglas AveMinneapolis, MN 55403
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$1,375 - $5,570
Plus Fees
Studio to 3 Bedroom Apartments Available NowViridium Apartments
721 N Third StMinneapolis, MN 55401
1115 N 33rd Ave
MinneapolisMN55412
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Rent Specials
$1,375 - $4,695
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Hall Lofts
608 N 3rd StMinneapolis, MN 55403
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Rent Specials
$1,384 - $4,269
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,380 - $4,265
Required Monthly Fees
$4
Total Monthly Price
$1,384 - $4,269
Be @ Axon Green
3144 Chowen Ave SMinneapolis, MN 55416
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Rent Specials
$1,385 - $4,975
Plus Fees
Studio to 2 Bedroom Apartments Available NowInspire
2837 Emerson Ave SMinneapolis, MN 55408
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$1,395 - $1,495
Plus Fees
1 Bedroom Apartments Available Jan 21, 2026Laurel and Olive
3136 Minnehaha AveMinneapolis, MN 55406
2212 6th St NE
MinneapolisMN55418
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$1,395
Plus Fees
2 Bedroom Apartments Available Now2007 Aldrich Ave S
2007 Aldrich Ave SMinneapolis, MN 55405
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$1,395
Plus Fees
2 Bedroom Apartments Available Now2007 Aldrich Ave S
2007 Aldrich Ave SMinneapolis, MN 55405
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$1,395
Plus Fees
2 Bedroom Apartments Available Now2007 Aldrich Ave S
2007 Aldrich Ave SMinneapolis, MN 55405
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$1,397 - $2,946
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Grand Mill District
313 Washington Ave SMinneapolis, MN 55415
650 Portland Ave
MinneapolisMN55415
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$1,398 - $1,938
Plus Fees
1 to 3 Bedroom Apartments Available Mar 1, 2026Park & Franklin Lofts
1935 Park AveMinneapolis, MN 55404
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$1,400
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,400
Total Monthly Price
$1,400
3739 Fremont Ave N, Unit 1
3739 Fremont Ave NMinneapolis, MN 55412
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$1,400 - $4,080
Plus Fees
Studio to 3 Bedroom Apartments Available NowLPM Apartments
1369 Spruce PlMinneapolis, MN 55403
509 6th St SE
MinneapolisMN55414
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$1,405 - $3,295
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Gateway at West Lake Quarter
3430 List PlMinneapolis, MN 55416
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$1,412 - $4,517
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,395 - $4,500
Required Monthly Fees
$17
Total Monthly Price
$1,412 - $4,517
MAX
150 26th Ave SEMinneapolis, MN 55414
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$1,415 - $2,663
Plus Fees
Studio to 2 Bedroom Apartments Available NowEitel Apartments
1367 Willow StMinneapolis, MN 55403
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$1,415 - $2,195
Plus Fees
Studio to 2 Bedroom Apartments Available NowMill City Apartments
625 2nd StMinneapolis, MN 55401
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$1,415 - $1,600
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowNew Boston Square
2015 Central Ave NEMinneapolis, MN 55418
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$1,416 - $1,650
Plus Fees
1 to 2 Bedroom Apartments Available NowBuzza Lofts of Uptown
1006 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,423 - $12,037
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,415 - $12,029
Required Monthly Fees
$8
Total Monthly Price
$1,423 - $12,037
365 Nicollet
365 Nicollet MallMinneapolis, MN 55401
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$1,425 - $8,045
Plus Fees
Studio to 3 Bedroom Apartments Available NowNIC on 5th
465 Nicollet MallMinneapolis, MN 55401
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Rent Specials
$1,425 - $2,395
Plus Fees
1 to 3 Bedroom Apartments Available NowNeon Flats Apartments
22 University AveMinneapolis, MN 55413
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Rent Specials
$1,426 - $3,370
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,251 - $3,195
Required Monthly Fees
$175
Total Monthly Price
$1,426 - $3,370
Frances
1030 NE Main StMinneapolis, MN 55413
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Rent Specials
$1,432 - $3,480
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,428 - $3,476
Required Monthly Fees
$4
Total Monthly Price
$1,432 - $3,480
Velo
115 N 2nd StMinneapolis, MN 55401
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$1,438 - $3,789
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,434 - $3,785
Required Monthly Fees
$4
Total Monthly Price
$1,438 - $3,789
The Paxon
360 N 1st StMinneapolis, MN 55401
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.