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$1,560 - $2,435
Plus Fees
1 to 2 Bedroom Apartments Available NowHiawatha Flats
3625 E 43rd StMinneapolis, MN 55406
Cheap Apartments for Rent in Minneapolis, MN from $400 (1,696 Rentals) Page 9 of 34
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$1,565
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,545
Required Monthly Fees
$20
Total Monthly Price
$1,565
Parkway West Apartments
4556 S 46th AveMinneapolis, MN 55406
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$1,569 - $2,712
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,537 - $2,680
Required Monthly Fees
$32
Total Monthly Price
$1,569 - $2,712
NoLo Living
815 N 2nd StMinneapolis, MN 55401
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$1,574 - $7,435
Plus Fees14 Month Lease Term
1 to 2 Bedroom Apartments Available NowForte on the Park
1125 S 2nd StMinneapolis, MN 55415
1008 12th Ave SE
MinneapolisMN55414
5608 Garfield Ave
MinneapolisMN55419
19 S 1st St
MinneapolisMN55401
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$1,595 - $1,700
Plus Fees
2 Bedroom Apartments Available NowSt Anthony Place
215 NE 5th St NEMinneapolis, MN 55413
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$1,595 - $2,595
Plus Fees
Studio to 2 Bedroom Apartments Contact Us For Availability700 Central Historic Lofts & New Flats
700 NE Central AveMinneapolis, MN 55414
3515 Grand Ave S
MinneapolisMN55408
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$1,597
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,597
Total Monthly Price
$1,597
1910 5th St NE, Unit 1A
1910 5th St NEMinneapolis, MN 55418
1507 N Newton Ave
MinneapolisMN55411
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$1,599 - $1,649
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Apr 19th Street Flats
330 SE 9th StMinneapolis, MN 55414
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$1,600 - $7,995
Plus Fees
1 to 3 Bedroom Apartments Available Now240 Park Avenue
240 Park AveMinneapolis, MN 55415
3612 Grand Ave S
MinneapolisMN55409
4209 N Bryant Ave
MinneapolisMN55412
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$1,600
Total Monthly Price3 Month Lease Term
1 Bedroom Apartment Available Apr 1Total Monthly Price
Base Rent
$1,600
Total Monthly Price
$1,600
2508 33rd Ave S, Unit 3
2508 33rd Ave SMinneapolis, MN 55406
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1 to 3 Bedroom Apartments
East Phillips Commons
2909 Bloomington Ave SMinneapolis, MN 55407
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Studio to 1 Bedroom Apartments
Dundry House
1829 5th Ave SMinneapolis, MN 55404
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Studio to 2 Bedroom Apartments
Paige Hall
727 5th Ave SMinneapolis, MN 55415
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Studio Apartments
The Adams
500 S 10th StMinneapolis, MN 55404
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1 to 3 Bedroom Apartments
The Louis
3001 4th StMinneapolis, MN 55414
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1 Bedroom Apartments
15th Avenue Apartments
2701 15th Ave SMinneapolis, MN 55407
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Studio to 2 Bedroom Apartments
3120 Fremont Ave S
3120 Fremont AveMinneapolis, MN 55408
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Studio Apartments
The Chalet
3023 Lyndale AveMinneapolis, MN 55408
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Studio to 3 Bedroom Apartments
Morrison Village Apartments
2636 Pillsbury AveMinneapolis, MN 55408
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Studio to 3 Bedroom Apartments
Northside Artspace Lofts
229 N Irving AveMinneapolis, MN 55405
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Studio to 2 Bedroom Apartments
Hennepin Apartment Homes
3513-3515 Hennepin AveMinneapolis, MN 55408
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Studio Apartments
Buri Manor
1515 Chicago AveMinneapolis, MN 55404
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1 to 3 Bedroom Apartments
Emerson
1600 N Emerson AveMinneapolis, MN 55411
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Studio to 1 Bedroom Apartments
Blaisdell 2312
2312 S Blaisdell AveMinneapolis, MN 55404
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Studio to 2 Bedroom Apartments
Huron Estates
614 Huron Blvd SEMinneapolis, MN 55414
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Studio to 1 Bedroom Apartments
Marcy Park Student Housing Co-op
700 10th Ave SEMinneapolis, MN 55414
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Studio to 1 Bedroom Apartments
The Balmoral
1005 Portland Ave SMinneapolis, MN 55404
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1 to 3 Bedroom Apartments
Holmes Park Village
320 2nd Ave SEMinneapolis, MN 55414
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Studio to 4 Bedroom Apartments
Riverside Plaza
1524 6th StMinneapolis, MN 55413
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Studio Apartments
The Kensington
21-27 14th St WMinneapolis, MN 55403
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Studio to 1 Bedroom Apartments
Elliot Court Apartments
1130 8th St SMinneapolis, MN 55404
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Studio to 2 Bedroom Apartments
720 6th Ave SE
720 6th Ave SEMinneapolis, MN 55414
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Studio to 1 Bedroom Apartments
814-8TH
810-814 8th St SEMinneapolis, MN 55414
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Studio to 2 Bedroom Apartments
Remmington Campus Apartments
414 SE 7th AveMinneapolis, MN 55414
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Studio to 1 Bedroom Apartments
Brownstones Downtown
500-508 15th St EMinneapolis, MN 55404
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Studio to 2 Bedroom Apartments
Pleasant View
2216 Pleasant Ave SMinneapolis, MN 55404
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Studio to 2 Bedroom Apartments
Lilium Apartments
706 9th St SMinneapolis, MN 55404
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Studio to 1 Bedroom Apartments
Lakesbury Apartments | Leasing Studio, Alcove, & 1-Bedroom Apartments!
127 W Lake StMinneapolis, MN 55408
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Studio to 1 Bedroom Apartments
The Archdale
1600 1st Ave SMinneapolis, MN 55403
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Studio to 2 Bedroom Apartments
1912 3rd Ave
1912 3rd Ave SMinneapolis, MN 55404
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1 Bedroom Apartments
Ages 62+ Realife Co-Op of Brooklyn Park
3100 85th Ave NMinneapolis, MN 55443
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1 to 3 Bedroom Apartments
Stadium Place
1501 11th Ave SMinneapolis, MN 55404
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Studio to 2 Bedroom Apartments
Castleton
214-220 E 19th StMinneapolis, MN 55403
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 | $1,308 | $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.
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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.