Cheap Studio Apartments for Rent in Minneapolis, MN from $640 (506 Rentals) Page 2 of 11

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Mansard Apartments
$915 - $931
Total Monthly Price

Total Monthly Price

Base Rent
$915 - $1,015
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Available Jun 1

Mansard Apartments

2930 33rd Ave SMinneapolis, MN 55406
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Belmont Apartments
$925 - $946
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925 - $1,225
Required Monthly Fees
$21

Total Monthly Price
$946 - $1,246
Studio Apartments Available Now

Belmont Apartments

1000 Franklin Ave WMinneapolis, MN 55403
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  • Low Income
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Colfax Terrace
Rent Specials
$935 - $968
Total Monthly Price

Total Monthly Price

Base Rent
$935 - $1,395
Required Monthly Fees
Varies

Total Monthly Price
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Studio Apartments Available Now

Colfax Terrace

3433-3435 Colfax Ave SMinneapolis, MN 55408
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Studios at 7 Corners
$945 - $1,060
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$945 - $1,500
Required Monthly Fees
$50

Total Monthly Price
$995 - $1,550
Studio Apartments Available May 1

Studios at 7 Corners

1414 S 3rd StMinneapolis, MN 55454
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225 Place Apartments
Rent Specials
$949 - $953
Total Monthly Price

Total Monthly Price

Base Rent
$949
Required Monthly Fees
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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
$964 - $1,348
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$959 - $1,821
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Available Now

Cedars 94

2220 E Franklin AveMinneapolis, MN 55404
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Miro
Rent Specials
$1,059
Total Monthly Price

Total Monthly Price

Base Rent
$1,059 - $2,863

Total Monthly Price
Varies
Studio Apartments Available Now

Miro

1207 Glenwood AveMinneapolis, MN 55405
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property at 431 S 7th St

$995 - $1,195

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

Studio Rentals

Available Now

431 S 7th St

MinneapolisMN55415

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 Contact Us For Availability

LaSalle Apartments

36 S 9th StMinneapolis, MN 55402
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2001 Bryant Ave S
$1,015
Total Monthly Price

Total Monthly Price

Base Rent
$875
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Contact Us For Availability

2001 Bryant Ave S

2001 Bryant Ave SMinneapolis, MN 55405
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The Central
Rent Specials
$1,028 - $1,108
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,028 - $1,589
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Available Now

The Central

3503 2nd Ave SMinneapolis, MN 55408
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Isles West
$1,030
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950
Required Monthly Fees
$80

Total Monthly Price
$1,030
Studio Apartments Contact Us For Availability

Isles West

1115-1125 W 28th StMinneapolis, MN 55408
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Oaks Hiawatha Station
$1,034 - $1,140
Total Monthly Price

Total Monthly Price

Base Rent
$1,017 - $2,020
Required Monthly Fees
$17

Total Monthly Price
$1,034 - $2,037
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 May 1

City Place Lofts

730 Hennepin AveMinneapolis, MN 55403
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Minneapolis's Best Affordable Neighborhoods

Learn about Minneapolis, MN and the best places to live with original content written by our Minneapolis Local Expert Stephanie Lica

property at 2545 Garfield Ave

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

Studio, 1 Bath Home for Rent

Available Now

2545 Garfield Ave

MinneapolisMN55405
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CityLine
$1,120 - $1,372
Total Monthly Price

Total Monthly Price

Base Rent
$1,120 - $1,763

Total Monthly Price
Varies
Studio Apartments Available Now

CityLine

3815 Hiawatha AveMinneapolis, MN 55406
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Stone Arch II
$1,123
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,123 - $1,448

Total Monthly Price
Varies
Studio Apartments Available Now

Stone Arch II

520 2nd St SEMinneapolis, MN 55414
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  • Low Income

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 $725.

What is the price of a cheap apartment in Minneapolis?

The cheapest apartment in Minneapolis is Paige Hall which is listed at $551, while the average apartment in Minneapolis costs $2,783.

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 12,738 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 $413 which is $2,370 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

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.

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

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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

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

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Articles, How-To's, and Tips

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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.

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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.

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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.

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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.