Cheap Apartments for Rent in Minneapolis, MN from $400 (1,710 Rentals) Page 8 of 35

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Search the lowest-cost Apartments available for rent right now in Minneapolis.

property at 2318 Jefferson St NE

$1,458

Total Monthly Price

Total Monthly Price

Base Rent
$1,458

Total Monthly Price
$1,458

2 Bedroom, 1 Bath Home for Rent

Available Now

2318 Jefferson St NE

MinneapolisMN55418
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Gatsby Apartments
Rent Specials
$1,458 - $4,093
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $4,085
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Gatsby Apartments

1400 Park AveMinneapolis, MN 55404
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MN46 Apartments
$1,459 - $1,479
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,459 - $1,479

Total Monthly Price
$1,459 - $1,479
Studio Apartments Available Jun 1

MN46 Apartments

4555 Minnehaha AveMinneapolis, MN 55406
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property at 650 Portland Ave

$1,460 - $4,642

Total Monthly Price

Total Monthly Price

Base Rent
$1,460

Total Monthly Price
$1,460

Studio To 2 Bedroom Rentals

Available Now

650 Portland Ave

MinneapolisMN55415
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Lake Harriet Commons
$1,461
Total Monthly Price

Total Monthly Price

Base Rent
$1,439
Required Monthly Fees
$22

Total Monthly Price
$1,461
2 Bedroom Apartments Available Jun 15

Lake Harriet Commons

4416 S Chowen AveMinneapolis, MN 55410
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Junction Flats
$1,476 - $6,692
Total Monthly Price

Total Monthly Price

Base Rent
$1,476 - $6,692

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Junction Flats

643 N 5th StMinneapolis, MN 55401
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Solstice Northeast
$1,480 - $2,185
Total Monthly Price

Total Monthly Price

Base Rent
$1,280 - $1,985
Required Monthly Fees
$200

Total Monthly Price
$1,480 - $2,185
1 to 2 Bedroom Apartments Available Now

Solstice Northeast

635 Van Buren St NEMinneapolis, MN 55413
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property at 1425 W 28th St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

1 Bedroom, 1 Bath Home for Rent

Available Now

1425 W 28th St

MinneapolisMN55408
property at 1028 28th Ave NE

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Home for Rent

Available Now

1028 28th Ave NE

MinneapolisMN55418
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Gopher Commons 1701
Rent Specials
$1,499 - $1,649
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,399 - $1,549
Required Monthly Fees
$100

Total Monthly Price
$1,499 - $1,649
2 Bedroom Apartments Available Now

Gopher Commons 1701

1701-1725 Elm St SEMinneapolis, MN 55414
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property at 920 22nd Ave NE

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Jun 10

920 22nd Ave NE

MinneapolisMN55418
property at 3624 Bloomington Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

3624 Bloomington Ave

MinneapolisMN55407
property at 2616 Harriet Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

2616 Harriet Ave

MinneapolisMN55408
property at 1314 N Morgan Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Jul 16

1314 N Morgan Ave

MinneapolisMN55411
property at 4615 N Colfax Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

4615 N Colfax Ave

MinneapolisMN55412
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The Julia
Rent Specials
$1,504 - $2,924
Total Monthly Price

Total Monthly Price

Base Rent
$1,329 - $2,749
Required Monthly Fees
$175

Total Monthly Price
$1,504 - $2,924
Studio to 2 Bedroom Apartments Available Now

The Julia

80 Broadway St NEMinneapolis, MN 55413
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The Grain Belt
$1,515 - $2,537
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,509 - $2,531
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Grain Belt

1215 Marshall St NEMinneapolis, MN 55413
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4Marq
Rent Specials
$1,518 - $4,318
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $4,300
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

4Marq

400 Marquette AveMinneapolis, MN 55401
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Velo
$1,521 - $3,217
Total Monthly Price

Total Monthly Price

Base Rent
$1,516 - $3,212
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jul 7

Velo

115 N 2nd StMinneapolis, MN 55401
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Sora
Rent Specials
$1,530 - $4,431
Total Monthly Price

Total Monthly Price

Base Rent
$1,530 - $4,431

Total Monthly Price
$1,530 - $4,431
1 to 2 Bedroom Apartments Available Now

Sora

600 S 5th AveMinneapolis, MN 55415
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The Paxon
$1,532 - $3,342
Total Monthly Price

Total Monthly Price

Base Rent
$1,527 - $3,337
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Paxon

360 N 1st StMinneapolis, MN 55401
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N&E
$1,547 - $2,617
Total Monthly Price

Total Monthly Price

Base Rent
$1,541 - $2,611
Required Monthly Fees
$6

Total Monthly Price
$1,547 - $2,617
1 to 2 Bedroom Apartments Available Now

N&E

107 13th Ave NEMinneapolis, MN 55413
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Creek Terrace
$1,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Required Monthly Fees
Varies

Total Monthly Price
Varies
2 Bedroom Apartments Available Jun 1

Creek Terrace

616 W 53rd StMinneapolis, MN 55419
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property at 3107 Dupont Ave N

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Home for Rent

Available Now

3107 Dupont Ave N

MinneapolisMN55411
property at 3141 Aldrich Ave S

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Home for Rent

Available Now

3141 Aldrich Ave S

MinneapolisMN55408

Minneapolis, MN Area Reviews

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Stephanie4+ years in Minneapolis

February 25, 2025

A 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 $3,304.

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 12,282 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 $451 which is $2,853 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

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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

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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.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

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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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

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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.

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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.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

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