Cheap Studio Apartments for Rent in Minneapolis, MN from $640 (515 Rentals) Page 2 of 11

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Studios at 7 Corners
$925 - $1,070
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925 - $1,495
Required Monthly Fees
$50

Total Monthly Price
$975 - $1,545
Studio Apartments Available Now

Studios at 7 Corners

1414 S 3rd StMinneapolis, MN 55454
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The Central
Rent Specials
$943 - $1,108
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$943 - $1,654
Required Monthly Fees
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Total Monthly Price
Varies
Studio Apartments Available Now

The Central

3503 2nd Ave SMinneapolis, MN 55408
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225 Place Apartments
Rent Specials
$949 - $953
Total Monthly Price

Total Monthly Price

Base Rent
$949
Required Monthly Fees
Varies

Total Monthly Price
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Studio Apartments Available Now

225 Place Apartments

225 W 15th StMinneapolis, MN 55403
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Cedars 94
$959 - $1,343
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$959 - $1,821

Total Monthly Price
Varies
Studio Apartments Contact Us For Availability

Cedars 94

2220 E Franklin AveMinneapolis, MN 55404
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Five15 on the Park
$965 - $1,045
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$965 - $1,862

Total Monthly Price
Varies
Studio Apartments Available Jun 5

Five15 on the Park

515 15th Ave SMinneapolis, MN 55454
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  • Low Income

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Redwell
Rent Specials
$995 - $1,234
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995 - $1,346

Total Monthly Price
Varies
Studio Apartments Available Now

The Redwell

1020 3rd St NMinneapolis, MN 55401
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  • Low Income
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Miro
Rent Specials
$995
Total Monthly Price

Total Monthly Price

Base Rent
$995 - $2,038

Total Monthly Price
Varies
Studio Apartments Available Now

Miro

1207 Glenwood AveMinneapolis, MN 55405
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property at 3300 Grand Ave S

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

Studio, 1 Bath Home for Rent

Available Now

3300 Grand Ave S

MinneapolisMN55408
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LPM Apartments
Rent Specials
$1,000 - $1,713
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $10,125
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Available Now

LPM Apartments

1369 Spruce PlMinneapolis, MN 55403
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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LaSalle Apartments
Rent Specials
$1,014 - $1,280
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,669
Required Monthly Fees
$15

Total Monthly Price
$1,014 - $1,684
Studio Apartments Available Aug 1

LaSalle Apartments

36 S 9th StMinneapolis, MN 55402
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East River Terrace
$1,015 - $1,036
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,015 - $1,275
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Available Jul 1

East River Terrace

2101 E River TerMinneapolis, MN 55414
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Timber & Tie
Rent Specials
$1,025 - $1,075
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025 - $1,610
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Available Now

Timber & Tie

900 14th Ave NEMinneapolis, MN 55413
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Oaks Hiawatha Station
$1,039 - $1,145
Total Monthly Price

Total Monthly Price

Base Rent
$1,017 - $2,020
Required Monthly Fees
$22

Total Monthly Price
$1,039 - $2,042
Studio Apartments Contact Us For Availability

Oaks Hiawatha Station

4540 Snelling AveMinneapolis, MN 55406
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City Place Lofts
Rent Specials
$1,040 - $1,044
Total Monthly Price

Total Monthly Price

Base Rent
$1,040 - $1,245
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Available Now

City Place Lofts

730 Hennepin AveMinneapolis, MN 55403
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Uptown Square Apartments
Rent Specials
$1,049
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,049 - $1,319

Total Monthly Price
Varies
Studio Apartments Available Jul 1

Uptown Square Apartments

2908 Bryant Ave SMinneapolis, MN 55408
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Tree Tops Apartments
$1,050 - $1,377
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $1,540
Required Monthly Fees
$22

Total Monthly Price
$1,072 - $1,562
Studio Apartments Available Jun 1

Tree Tops Apartments

3535 S Bryant AveMinneapolis, MN 55408
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Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

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CityLine
$1,075 - $1,376
Total Monthly Price

Total Monthly Price

Base Rent
$1,075 - $1,805

Total Monthly Price
Varies
Studio Apartments Available Now

CityLine

3815 Hiawatha AveMinneapolis, MN 55406
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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

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Stone Arch II
Rent Specials
$1,123
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,123 - $1,350

Total Monthly Price
Varies
Studio Apartments Available Now

Stone Arch II

520 2nd St SEMinneapolis, MN 55414
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Rym Apartments
Rent Specials
$1,145 - $1,677
Total Monthly Price14 Month Lease Term

Total Monthly Price

Base Rent
$1,145 - $1,600
Required Monthly Fees
$77

Total Monthly Price
$1,222 - $1,677
Studio Apartments Available Now

Rym Apartments

309-NE Ulysses StMinneapolis, MN 55413
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Mission Lofts
Rent Specials
$1,149 - $1,455
Total Monthly Price

Total Monthly Price

Base Rent
$1,149 - $1,486
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Available Now

Mission Lofts

1219 W 31st StMinneapolis, MN 55408
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property at 2630 Essex St SE

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

Studio, 1 Bath Home for Rent

Available Now

2630 Essex St SE

MinneapolisMN55414

The Art of the Rental Viewing: What to look for during a property tour

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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 Shoreline Plaza which is listed at $653, 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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Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes

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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

Written by: Lauren Harrington

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.

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.