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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
Cheap Apartments for Rent in Minneapolis, MN from $400 (1,697 Rentals) Page 7 of 34
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$1,349 - $3,454
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,335 - $3,440
Required Monthly Fees
$14
Total Monthly Price
$1,349 - $3,454
Track 29 Apartments
2841 Bryant Ave SMinneapolis, MN 55408
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Rent Specials
$1,349 - $1,599
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,249 - $1,499
Required Monthly Fees
$100
Total Monthly Price
$1,349 - $1,599
Gopher Commons 1701
1701-1725 Elm St SEMinneapolis, MN 55414
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$1,349
Total Monthly Price12 Month Lease Term
3 Bedroom Apartment Available Mar 1Total Monthly Price
Base Rent
$1,349
Total Monthly Price
$1,349
2413 DuPont Ave S, Unit 3
2413 DuPont Ave SMinneapolis, MN 55405
1315 N Dowling Ave
MinneapolisMN55412
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$1,350
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Feb 28Total Monthly Price
Base Rent
$1,350
Total Monthly Price
$1,350
2222 Girard Ave N, Unit 2
2222 Girard Ave NMinneapolis, MN 55411
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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
2828 Blaisdell Ave, Unit 2 Bedroom Apartment
2828 Blaisdell AveMinneapolis, MN 55408
1311-1313 Franklin Ave SE
MinneapolisMN55414
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Rent Specials
$1,350 - $3,800
Plus Fees
Studio to 3 Bedroom Apartments Available NowLPM Apartments
1369 Spruce PlMinneapolis, MN 55403
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$1,350 - $1,900
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityCreamette Historic Lofts
432 1st St NMinneapolis, MN 55401
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Rent Specials
$1,354 - $1,774
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,351 - $1,771
Required Monthly Fees
$3
Total Monthly Price
$1,354 - $1,774
Red 20 Apartments
20 6th St NEMinneapolis, MN 55413
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$1,360 - $1,695
Total Monthly Price
2 to 3 Bedroom Apartments Available Mar 31Total 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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$1,370
Total Monthly Price
2 Bedroom Apartments Available Apr 9Total Monthly Price
Base Rent
$1,370
Total Monthly Price
$1,370
Lake Harriet Commons
4416 S Chowen AveMinneapolis, MN 55410
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Rent Specials
$1,373 - $1,914
Plus Fees
1 to 2 Bedroom Apartments Available NowELEVATE Apartment Homes
1117 Marquette AveMinneapolis, MN 55403
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$1,375 - $1,430
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Mar 1Total Monthly Price
Base Rent
$1,295 - $1,350
Required Monthly Fees
$80
Total Monthly Price
$1,375 - $1,430
Fulton Terrace
2915 W 50th StMinneapolis, MN 55410
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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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Rent Specials
$1,375 - $3,645
Plus Fees
Studio to 2 Bedroom Apartments Available Now7west
1800 Washington Ave SMinneapolis, MN 55454
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$1,378 - $3,544
Plus Fees
1 to 2 Bedroom Apartments Available NowChurchill
111 Marquette Ave SMinneapolis, MN 55401
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Rent Specials
$1,384 - $4,349
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,380 - $4,345
Required Monthly Fees
$4
Total Monthly Price
$1,384 - $4,349
Be @ Axon Green
3144 Chowen Ave SMinneapolis, MN 55416
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$1,385
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Mar 1Total Monthly Price
Base Rent
$1,385
Total Monthly Price
$1,385
3150 Harriet Ave, Unit Apt C
3150 Harriet AveMinneapolis, MN 55408
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$1,390 - $3,494
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,390 - $3,494
Total Monthly Price
$1,390 - $3,494
N&E
107 13th Ave NEMinneapolis, MN 55413
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Rent Specials
$1,395 - $6,445
Plus Fees
Studio to 3 Bedroom Apartments Available NowVue Apartment Homes
415 Oak G...Minneapolis, MN 55403
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$1,395
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Mar 1Total Monthly Price
Base Rent
$1,395
Total Monthly Price
$1,395
1606 Monroe St NE, Unit 2
1606 Monroe St NEMinneapolis, MN 55413
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Rent Specials
$1,395
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityThornton Place Apartments
810 SE Thornton StMinneapolis, MN 55414
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$1,395 - $1,475
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowBrackett's Place Apartments
3525 27th St EMinneapolis, MN 55406
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$1,3952 Bedroom Apartments Available Now
2007 Aldrich Ave S
2007 Aldrich Ave SMinneapolis, MN 55405
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$1,3952 Bedroom Apartments Available Now
2007 Aldrich Ave S
2007 Aldrich Ave SMinneapolis, MN 55405
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$1,3952 Bedroom Apartments Available Mar 1
2005 Garfield Ave
2005 Garfield AveMinneapolis, MN 55405
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$1,398 - $1,938
Plus Fees
1 to 3 Bedroom Apartments Available Mar 1Park & Franklin Lofts
1935 Park AveMinneapolis, MN 55404
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$1,400 - $4,080
Plus Fees
Studio to 2 Bedroom Apartments Available NowMarbella on Dean
3036 W Lake StMinneapolis, MN 55416
509 6th St SE
MinneapolisMN55414
8601 Nicollet Ave
MinneapolisMN55420
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$1,400
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,400
Total Monthly Price
$1,400
3020 W 44th St, Unit 2
3020 W 44th StMinneapolis, MN 55410
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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
3233 Chicago Ave, Unit 2
3233 Chicago AveMinneapolis, MN 55407
433 S 7th St
MinneapolisMN55415
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Rent Specials
$1,401 - $3,256
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,351 - $3,206
Required Monthly Fees
$50
Total Monthly Price
$1,401 - $3,256
HQ Apartments
816 Portland Ave SMinneapolis, MN 55404
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$1,403 - $3,049
Total Monthly Price
1 to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,399 - $3,045
Required Monthly Fees
$4
Total Monthly Price
$1,403 - $3,049
Spectrum Apartments & Townhomes
815 9th Ave SEMinneapolis, MN 55414
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$1,405 - $15,691
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,334 - $15,620
Required Monthly Fees
$71
Total Monthly Price
$1,405 - $15,691
270 Hennepin
270 Hennepin AveMinneapolis, MN 55402
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$1,410
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Mar 1Total Monthly Price
Base Rent
$1,350
Required Monthly Fees
$60
Total Monthly Price
$1,410
Diamond Pointe Apartments
6106-6116 Lyndale Ave SMinneapolis, MN 55419
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Rent Specials
$1,410 - $5,625
Plus Fees
Studio to 3 Bedroom Apartments Available NowViridium Apartments
721 N Third StMinneapolis, MN 55401
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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 - $4,235
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Grand Mill District
313 Washington Ave SMinneapolis, MN 55415
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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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$1,415 - $2,275
Plus Fees
Studio to 2 Bedroom Apartments Available NowMill City Apartments
625 2nd StMinneapolis, MN 55401
270 Hennepin Ave
MinneapolisMN55401
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$1,425 - $1,995
Plus Fees
1 to 2 Bedroom Apartments Available Mar 5Laurel Apartments
3136 Minnehaha AveMinneapolis, MN 55406
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Rent Specials
$1,425 - $2,095
Plus Fees
Studio to 2 Bedroom Apartments Available NowDeco 265
265 Girard Ave NMinneapolis, MN 55405
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Rent Specials
$1,430 - $10,740
Plus Fees
Studio to 3 Bedroom Apartments Available Now4th and Park
700 S 4th StMinneapolis, MN 55415
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$1,439 - $3,400
Plus Fees
Studio to 2 Bedroom Apartments Available NowGreen on 4th
2949 SE 4th StMinneapolis, MN 55414
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Rent Specials
$1,441 - $2,686
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,261 - $2,506
Required Monthly Fees
$180
Total Monthly Price
$1,441 - $2,686
Hencen
455 Central Ave SEMinneapolis, MN 55414
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 | $1,308 | $640 | $2,229 |
| Cheap Minneapolis 1 Bedroom Apartments | $1,576 | $500 | $8,259 |
| Cheap Minneapolis 2 Bedroom Apartments | $2,129 | $469 | $10,000+ |
| Cheap Minneapolis 3 Bedroom Apartments | $2,339 | $495 | $9,861 |
| Cheap Minneapolis 4 Bedroom Apartments | $2,181 | $535 | $10,000+ |
| Minneapolis 5 Bedroom Apartments | $3,219 | $2,000 | $4,141 |
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 $745.
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 $2,746.
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 15,192 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 $411 which is $2,335 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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.