New Apartments for Rent in Minneapolis, MN Under $1,000 (50 Rentals)

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The Endurance
Rent Specials
$980 - $1,380
Plus Fees12 Month Lease Term
Built in 2016Studio to 2 Bedroom Apartments Available Now

The Endurance

725 8th St SEMinneapolis, MN 55414
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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CityLine
$958 - $1,755
Total Monthly Price

Total Monthly Price

Base Rent
$958 - $1,755

Total Monthly Price
Varies
Built in 2022Studio to 1 Bedroom Apartments Available Now

CityLine

3815 Hiawatha AveMinneapolis, MN 55406
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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22 on the River
Rent Specials
$850 - $2,594
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850 - $2,594

Total Monthly Price
$850 - $2,594
Built in 2016Studio to 2 Bedroom Apartments Available Now

22 on the River

22 27th Ave SEMinneapolis, MN 55414
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Peregrine
$691 - $2,968
Plus Fees12 Month Lease Term
Built in 20231 to 4 Bedroom Apartments Contact Us For Availability

Peregrine

2035 W River RdMinneapolis, MN 55411
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • Low Income
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The Arrow Apartments
Rent Specials
$642 - $1,993
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$599 - $1,950
Required Monthly Fees
$43

Total Monthly Price
$642 - $1,993
Built in 2018Studio to 4 Bedroom Apartments Available Now

The Arrow Apartments

117 27th Ave SEMinneapolis, MN 55414
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Hub Minneapolis
$635 - $2,040
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$635 - $2,040

Total Monthly Price
Varies
Built in 2018Studio to 4 Bedroom Apartments Available Now

Hub Minneapolis

311 Harvard St SEMinneapolis, MN 55414
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Accolade Minneapolis
$580 - $1,439
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$580 - $1,439

Total Monthly Price
Varies
Built in 2025Studio to 4 Bedroom Apartments Available Now

Accolade Minneapolis

2650 University AveMinneapolis, MN 55414
Student Housing
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  • Customer Reviewed
  • Utilities Included
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Ernestine Apartments
Built in 2024Studio to 3 Bedroom Apartments

Ernestine Apartments

187 Humboldt Ave NMinneapolis, MN 55405
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Archer Apartments
Built in 2018Studio to 1 Bedroom Apartments

Archer Apartments

401 University Ave SEMinneapolis, MN 55414
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PERIS Hill
Built in 2021Studio to 1 Bedroom Apartments

PERIS Hill

1930 Hennepin Ave SMinneapolis, MN 55403

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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Trademark Apartments
Built in 2020Studio Apartments

Trademark Apartments

1119 4th St SEMinneapolis, MN 55414
  • Utilities Included
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The Cameron North Loop
Built in 2016Studio to 2 Bedroom Apartments

The Cameron North Loop

756 N 4th StMinneapolis, MN 55401
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SoPHI Apartments
Built in 2020Studio Apartments

SoPHI Apartments

811 E Lake StMinneapolis, MN 55407
Corporate Housing
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The Midwell
Built in 2023Studio to 3 Bedroom Apartments

The Midwell

2835 11th Ave SMinneapolis, MN 55407
  • Utilities Included
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Apts on Essex - West
Built in 2017Studio to 2 Bedroom Apartments

Apts on Essex - West

2618 Essex St SEMinneapolis, MN 55414
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Casablanca
Built in 20181 Bedroom Apartments

Casablanca

4711 Nicollet Ave SMinneapolis, MN 55419
  • Utilities Included
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2810 Park Ave
Built in 2021Studio Apartments

2810 Park Ave

2810 Park Ave SMinneapolis, MN 55407
Student Housing
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East Town Apartments
Built in 2020Studio to 3 Bedroom Apartments

East Town Apartments

618 S 9th StMinneapolis, MN 55404
  • Utilities Included
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Northside Artspace Lofts
Built in 2021Studio to 3 Bedroom Apartments

Northside Artspace Lofts

229 N Irving AveMinneapolis, MN 55405
  • Utilities Included

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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The Louis
Built in 20191 to 3 Bedroom Apartments

The Louis

3001 4th StMinneapolis, MN 55414
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Fieldhouse
Built in 2023Studio to 5 Bedroom Apartments

Fieldhouse

805 15th Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Identity Dinkytown
Built in 2023Studio to 5 Bedroom Apartments

Identity Dinkytown

407 15th AveMinneapolis, MN 55414
Student Housing
  • Utilities Included
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796 Stewart Ave
$925
Total Monthly Price

Total Monthly Price

Base Rent
$850
Required Monthly Fees
$75

Total Monthly Price
$925
Built in 20251 Bedroom Apartments Available Now

796 Stewart Ave

796 Stewart AveSt. Paul, MN 55102
Student Housing
  • Verified
  • Low Income
  • Smoke Free
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Ratio
$904 - $2,789
Total Monthly Price

Total Monthly Price

Base Rent
$799 - $2,684
Required Monthly Fees
$105

Total Monthly Price
$904 - $2,789
Built in 2022Studio to 2 Bedroom Apartments Available Now

Ratio

909 Gould Ave NEColumbia Heights, MN 55421
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Marshall at Finn
$850
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850
Built in 20213 to 4 Bedroom Apartments Available May 23

Marshall at Finn

2127 Marshall AveSt. Paul, MN 55104
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Oaks Pentagon Village
$783 - $2,552
Total Monthly Price

Total Monthly Price

Base Rent
$777 - $2,546
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2024Studio to 2 Bedroom Apartments Available Apr 25

Oaks Pentagon Village

4911 W 77th StEdina, MN 55435
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Nellie Francis Court
Built in 2024Studio to 2 Bedroom Apartments

Nellie Francis Court

2285 Hillcrest AveSt. Paul, MN 55116
  • Utilities Included
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Restoring Waters
Built in 2024Studio to 2 Bedroom Apartments

Restoring Waters

801 Mount Curve BlvdSt. Paul, MN 55116
  • Utilities Included
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Sound on 76th
Built in 20221 to 3 Bedroom Apartments

Sound on 76th

4100 76th St WEdina, MN 55435
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Gradient Apartments
Built in 2023Studio to 2 Bedroom Apartments

Gradient Apartments

1509 Marshall AveSt. Paul, MN 55104
Student Housing
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2044 Grand Ave
Built in 20203 to 4 Bedroom Apartments

2044 Grand Ave

2044 Grand AveSt. Paul, MN 55105
Student Housing
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Grand & Finn II
Built in 20164 Bedroom Apartments

Grand & Finn II

2140 Grand AveSt. Paul, MN 55105
Student Housing
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Chorus Apartments
Built in 2023Studio to 4 Bedroom Apartments

Chorus Apartments

1295 NE 2nd StHopkins, MN 55343

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.

Minneapolis, MN Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Minneapolis, MN Rentals by Map

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Minneapolis, MN Area Reviews

  • Parks
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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 New Minneapolis Apartments

What is the Cheapest New apartment in Minneapolis?

Currently the most affordable New Apartment in Minneapolis is at Accolade Minneapolis listed at $580.

How much is the average rent for a New Minneapolis Apartment?

The average rent for a New Apartment in Minneapolis is $2,390.

What is the largest New Minneapolis Apartment for rent?

Today's New apartment with the most square footage in Minneapolis is a 2,889 square feet unit starting from $1,759 at Nordhaus Apartment Homes.

What is the average size for Minneapolis New Apartments for rent?

The average size for a New rental in Minneapolis is currently at 561 sq ft.

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

Written by: Stephanie Lica

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

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

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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

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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.