
Cheap Apartments for Rent in Minneapolis, MN from $400 (1,684 Rentals) Page 7 of 34
Search the lowest-cost Apartments available for rent right now in Minneapolis.


Inspire

Total Monthly Price
City Limits Apartments

One Ten Grant

Total Monthly Price
Colfax Terrace

East End

LPM Apartments

Thornton Place Apartments

Total Monthly Price
Foundry Lake Street

Five15 on the Park

Dakar on Lake

4344 Columbus Ave.

5016 Xerxes Ave S

Total Monthly Price
3555 Bloomington Ave, Unit 4

Total Monthly Price
2416 25th Ave S, Unit 2

Total Monthly Price
3314 Emerson Ave N, Unit Upper

Mill City Quarter

Deco 265

3725 Stinson

Total Monthly Price
3606 N Bryant Ave

433 S 7th St

The Arrow Apartments

Total Monthly Price
Robin Court

The Shale

Total Monthly Price
The Laker

ELEVATE Apartment Homes

650 Portland Ave

3140 16th Ave S

Lago Apartments

Total Monthly Price
Isles East

Total Monthly Price
Duffey Lofts

Total Monthly Price
1014 W 27th St, Unit 02

Total Monthly Price
The Bohen Apartments

Total Monthly Price
Moment

MN46 Apartments

Marbella on Dean

4101 Parklawn Ave

The Hall Lofts

Solstice Northeast

2800 W 44th St

MAX

Total Monthly Price
2539 Quincy St NE, Unit 2539 Unit

3828 Apartments

Total Monthly Price
Frances

3333 Hennepin

Huck Apartments

Buzza Lofts of Uptown

11 S 12th St

Intersect
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 | $1,289 | $640 | $3,535 |
Cheap Minneapolis 1 Bedroom Apartments | $1,552 | $500 | $6,720 |
Cheap Minneapolis 2 Bedroom Apartments | $2,186 | $469 | $10,000+ |
Cheap Minneapolis 3 Bedroom Apartments | $2,489 | $495 | $10,000+ |
Cheap Minneapolis 4 Bedroom Apartments | $2,421 | $495 | $8,274 |
Minneapolis 5 Bedroom Apartments | $3,354 | $1,995 | $6,656 |
Browse Top Apartments in Minneapolis
See all Apartments in MinneapolisExplore Minneapolis
Getting Around Minneapolis, MN
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
83 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
52 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $699.
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 $2,816.
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 11,359 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 $381 which is $2,435 cheaper than the average rent for all rentals in Minneapolis.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.