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$1,445
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Feb 1, 2026Total Monthly Price
Base Rent
$1,425
Required Monthly Fees
$20
Total Monthly Price
$1,445
METRIC Apartments
3820 W 31st StMinneapolis, MN 55416
Cheap Apartments for Rent in Minneapolis, MN from $400 (1,702 Rentals) Page 8 of 35
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$1,445 - $6,975
Plus Fees
Studio to 3 Bedroom Apartments Available Now4th and Park
700 S 4th StMinneapolis, MN 55415
3103 Dupont Ave S
MinneapolisMN55408
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$1,445
Plus Fees
2 Bedroom Apartments Available Now1818 La Salle Ave
1818 La Salle AveMinneapolis, MN 55403
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$1,449
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For Availability732 Polk St NE
732 Polk St NEMinneapolis, MN 55413
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$1,450 - $1,550
Plus Fees1 Month Lease Term
Studio Apartments Available Dec 29Aberdeen Apartments
500 E 14th StMinneapolis, MN 55404
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$1,450 - $5,624
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,442 - $5,616
Required Monthly Fees
$8
Total Monthly Price
$1,450 - $5,624
Variant
315 N 7th AveMinneapolis, MN 55401
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$1,450
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Feb 1, 2026Total Monthly Price
Base Rent
$1,450
Total Monthly Price
$1,450
605 4th St NE, Unit 2
605 4th St NEMinneapolis, MN 55413
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$1,450
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowNorth Creek
560 Humboldt Ave NMinneapolis, MN 55405
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$1,454 - $1,775
Plus Fees
1 Bedroom Apartments Available NowThe Abbey Apartments
47 Spruce PlMinneapolis, MN 55403
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$1,455 - $2,080
Plus Fees
Studio to 2 Bedroom Apartments Available Feb 2, 2026Green on 4th
2949 SE 4th StMinneapolis, MN 55414
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Rent Specials
$1,458 - $1,883
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,403 - $1,828
Required Monthly Fees
$55
Total Monthly Price
$1,458 - $1,883
Huck Apartments
402 2nd St NEMinneapolis, MN 55413
2318 Jefferson St NE
MinneapolisMN55418
4215-4215 Cedar Ave S
MinneapolisMN55407
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$1,459
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Jan 15, 2026Bottineau on the River
2219 Marshall St NEMinneapolis, MN 55418
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$1,459 - $1,689
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available Jan 1, 2026Total Monthly Price
Base Rent
$1,459 - $1,689
Total Monthly Price
$1,459 - $1,689
MN46 Apartments
4555 Minnehaha AveMinneapolis, MN 55406
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$1,467 - $2,676
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,287 - $2,496
Required Monthly Fees
$180
Total Monthly Price
$1,467 - $2,676
Hencen
455 Central Ave SEMinneapolis, MN 55414
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$1,470 - $3,581
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,445 - $3,556
Required Monthly Fees
$25
Total Monthly Price
$1,470 - $3,581
Foundry Lake Street
3118 West Lake StMinneapolis, MN 55416
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Rent Specials
$1,470 - $3,787
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,307 - $3,624
Required Monthly Fees
$163
Total Monthly Price
$1,470 - $3,787
Revel
1300 W Lake StMinneapolis, MN 55408
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$1,474 - $4,650
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,424 - $4,600
Required Monthly Fees
$50
Total Monthly Price
$1,474 - $4,650
Moment
650 Portland Ave SMinneapolis, MN 55415
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$1,475 - $4,220
Plus Fees
Studio to 2 Bedroom Apartments Available NowBlue and Lime
2922 Aldrich Ave SMinneapolis, MN 55408
1811 E 28th St
MinneapolisMN55407
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$1,475
Plus Fees
1 Bedroom Apartments Available Now309 Ulysses St NE
309 Ulysses St NEMinneapolis, MN 55413
15 E Franklin Ave
MinneapolisMN55404
3832 Harriet Ave
MinneapolisMN55409
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Rent Specials
$1,489 - $1,775
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,474 - $1,760
Required Monthly Fees
$15
Total Monthly Price
$1,489 - $1,775
Arris Blaine
9460 Ulysses St NEMinneapolis, MN 55434
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$1,490 - $1,690
Plus Fees
Studio to 2 Bedroom Apartments Available NowThird North Apartments
800 N 3rd StMinneapolis, MN 55401
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$1,495 - $1,595
Plus Fees
1 Bedroom Apartments Available NowLinden Flats in Linden Hills
4418-4422 Beard AveMinneapolis, MN 55410
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$1,495 - $3,068
Plus Fees
1 to 2 Bedroom Apartments Available NowIntersect
310 N 2nd StMinneapolis, MN 55401
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$1,495 - $3,560
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,495 - $3,560
Total Monthly Price
$1,495 - $3,560
N&E
107 13th Ave NEMinneapolis, MN 55413
2800 W 44th St
MinneapolisMN55410
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$1,495
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,495
Total Monthly Price
$1,495
3528 Bloomington Ave, Unit 6
3528 Bloomington AveMinneapolis, MN 55407
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$1,499 - $4,847
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,414 - $4,762
Required Monthly Fees
$85
Total Monthly Price
$1,499 - $4,847
Talo
5100 Wayzata BlvdMinneapolis, MN 55416
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$1,500
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,500
Total Monthly Price
$1,500
621 Morgan Ave N, Unit 1
621 Morgan Ave NMinneapolis, MN 55411
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$1,500
Total Monthly Price12 Month Lease Term
Studio Apartment Available NowTotal Monthly Price
Base Rent
$1,500
Total Monthly Price
$1,500
164 13th Ave NE, Unit Apt.2
164 13th Ave NEMinneapolis, MN 55413
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$1,500
Total Monthly Price6 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,500
Total Monthly Price
$1,500
3208 Logan Ave N, Unit BottomUnit
3208 Logan Ave NMinneapolis, MN 55412
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$1,500
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,500
Total Monthly Price
$1,500
712 6th St NE, Unit Lower unit
712 6th St NEMinneapolis, MN 55413
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$1,500
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Sep 1, 2026Total Monthly Price
Base Rent
$1,500
Total Monthly Price
$1,500
1709 Como Ave SE, Unit #1
1709 Como Ave SEMinneapolis, MN 55414
2435 Portland Ave
MinneapolisMN55404
1708 E 34th St
MinneapolisMN55407
270 Hennepin Ave
MinneapolisMN55401
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$1,508 - $6,443
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,490 - $6,425
Required Monthly Fees
$18
Total Monthly Price
$1,508 - $6,443
Junction Flats
643 N 5th StMinneapolis, MN 55401
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$1,510 - $3,476
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,490 - $3,456
Required Monthly Fees
$20
Total Monthly Price
$1,510 - $3,476
Grain Belt
1215 Marshall St NEMinneapolis, MN 55413
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Rent Specials
$1,513 - $2,981
Plus Fees
1 to 2 Bedroom Apartments Available NowSECOND AND SECOND
120 2nd St NMinneapolis, MN 55401
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$1,515 - $2,346
Plus Fees
1 to 2 Bedroom Apartments Available NowWalkway
1320 W Lake StMinneapolis, MN 55408
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$1,527 - $2,756
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,495 - $2,724
Required Monthly Fees
$32
Total Monthly Price
$1,527 - $2,756
NoLo Living
815 N 2nd StMinneapolis, MN 55401
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Rent Specials
$1,535 - $3,720
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,525 - $3,710
Required Monthly Fees
$10
Total Monthly Price
$1,535 - $3,720
4Marq
400 Marquette AveMinneapolis, MN 55401
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$1,540 - $9,860
Plus Fees
Studio to 3 Bedroom Apartments Available NowMaverick
120 Hennepin AveMinneapolis, 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.