Low Income Apartments for Rent in Minneapolis, MN Under $1,500 (57 Rentals)

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Mill City Quarter
Rent Specials
$1,449

Total Monthly Price

Base Rent$1,445
Required Monthly FeesVaries
Total Monthly PriceVaries
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Mill City Quarter

300 S 2nd StMinneapolis, MN 55401
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The Redwell
$1,436

Total Monthly Price

Base Rent$1,436
Total Monthly PriceVaries
12 Month Lease Term
Studio to 1 Bedroom Apartments Available Now

The Redwell

1020 3rd St NMinneapolis, MN 55401
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Canvas Apartments
$1,430 - $2,642

Total Monthly Price

Base Rent$1,426 - $2,638
Required Monthly Fees$4
Total Monthly Price$1,430 - $2,642
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Canvas Apartments

2301 NE California StMinneapolis, MN 55418
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Snelling Yards
Rent Specials
$1,427

Total Monthly Price

Base Rent$1,427
Total Monthly PriceVaries
2 Bedroom Apartments Available Now

Snelling Yards

3605 44th Ave SMinneapolis, MN 55406
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Stone Arch II
Rent Specials
$1,350 - $1,435

Total Monthly Price

Base Rent$1,350 - $1,435
Total Monthly PriceVaries
12 Month Lease Term
Studio to 1 Bedroom Apartments Available Oct 9

Stone Arch II

520 2nd St SEMinneapolis, MN 55414
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1500 Nicollet
Rent Specials
$1,330 - $2,445

Total Monthly Price

Base Rent$1,325 - $2,440
Required Monthly Fees$5
Total Monthly Price$1,330 - $2,445
1 to 3 Bedroom Apartments Available Now

1500 Nicollet

1500 Nicollet Ave SMinneapolis, MN 55403
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Stone Arch I
Rent Specials
$1,303 - $1,762

Total Monthly Price

Base Rent$1,299 - $1,758
Required Monthly FeesVaries
Total Monthly PriceVaries
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Stone Arch I

601-701 Main St SEMinneapolis, MN 55414
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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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Buzza Lofts of Uptown
Rent Specials
$1,287 - $1,709

Total Monthly Price

Base Rent$1,287 - $1,709
Total Monthly Price$1,287 - $1,709
Studio to 2 Bedroom Apartments Available Now

Buzza Lofts of Uptown

1006 W Lake StMinneapolis, MN 55408
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Flats at Malcolm Yards
Rent Specials
$1,205 - $1,739

Total Monthly Price

Base Rent$1,201 - $1,735
Required Monthly FeesVaries
Total Monthly PriceVaries
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Flats at Malcolm Yards

505 SE Malcolm AveMinneapolis, MN 55414
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Lake Street Dwelling
Rent Specials
$1,200 - $1,719

Total Monthly Price

Base Rent$1,196 - $1,715
Required Monthly FeesVaries
Total Monthly PriceVaries
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Lake Street Dwelling

410-510 W Lake StMinneapolis, MN 55408
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Beam
$1,191 - $2,614
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Oct 8

Beam

1820 W Broadway AveMinneapolis, MN 55411
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B-Side
Rent Specials
$1,179 - $1,736

Total Monthly Price

Base Rent$1,179 - $1,736
Total Monthly Price$1,179 - $1,736
Studio to 2 Bedroom Apartments Available Now

B-Side

3027 22nd Ave SMinneapolis, MN 55407
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Timber & Tie
Rent Specials
$1,030 - $1,441

Total Monthly Price

Base Rent$1,025 - $1,436
Required Monthly FeesVaries
Total Monthly PriceVaries
12 Month Lease Term
Studio to 4 Bedroom Apartments Available Now

Timber & Tie

900 14th Ave NEMinneapolis, MN 55413
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Belmont Apartments
$1,021

Total Monthly Price

Base Rent$875
Required Monthly FeesVaries
Total Monthly PriceVaries
12 Month Lease Term
Studio Apartments Available Now

Belmont Apartments

1000 Franklin Ave WMinneapolis, MN 55403
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Five15 on the Park
$965 - $1,862

Total Monthly Price

Base Rent$965 - $1,862
Total Monthly PriceVaries
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Five15 on the Park

515 15th Ave SMinneapolis, MN 55454
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Marcelle
$927 - $1,047

Total Monthly Price

Base Rent$910 - $1,030
Required Monthly Fees$17
Total Monthly Price$927 - $1,047
Studio to 1 Bedroom Apartments Available Now

Marcelle

2400 Harriet Ave SMinneapolis, MN 55405
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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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Haverhill Apartments
Rent Specials
$767 - $812

Total Monthly Price

Base Rent$750 - $795
Required Monthly Fees$17
Total Monthly Price$767 - $812
Studio to 1 Bedroom Apartments Available Now

Haverhill Apartments

32-34 Spruce PlMinneapolis, MN 55403
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Brentwood Apartments
$732 - $847

Total Monthly Price

Base Rent$715 - $830
Required Monthly Fees$17
Total Monthly Price$732 - $847
Studio to 1 Bedroom Apartments Available Now

Brentwood Apartments

117-127 W Grant StMinneapolis, MN 55403
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Richland Court Apartments
Rent Specials
$1,450 - $1,505

Total Monthly Price

Base Rent$1,395 - $1,450
Required Monthly Fees$55
Total Monthly Price$1,450 - $1,505
12 Month Lease Term
2 Bedroom Apartments Available Oct 6

Richland Court Apartments

1300-1328 E 78th StRichfield, MN 55423
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Grand Central Flats
Rent Specials
$1,431 - $2,036

Total Monthly Price

Base Rent$1,365 - $1,970
Required Monthly Fees$66
Total Monthly Price$1,431 - $2,036
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Grand Central Flats

4729 Grand Ave NEColumbia Heights, MN 55421
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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

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Seasons Park
Rent Specials
$1,128 - $1,388

Total Monthly Price

Base Rent$1,120 - $1,380
Required Monthly Fees$8
Total Monthly Price$1,128 - $1,388
1 to 2 Bedroom Apartments Available Sep 15

Seasons Park

951 E 77th StRichfield, MN 55423
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Blooming Meadows South
Rent Specials
$1,116 - $1,417

Total Monthly Price

Base Rent$1,098 - $1,399
Required Monthly FeesVaries
Total Monthly PriceVaries
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Blooming Meadows South

1930 E 86th StBloomington, MN 55425
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Minneapolis, MN Local Guide

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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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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Minneapolis, MN Area Reviews

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Stephanie • 4+ 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 Low Income Minneapolis Apartments

What is the Cheapest Low Income apartment in Minneapolis?

Currently the most affordable Low Income Apartment in Minneapolis is at Bottineau Commons and Lofts listed at $280.

How much is the average rent for a Low Income Minneapolis Apartment?

The average rent for a Low Income Apartment in Minneapolis is $1,388.

What is the largest Low Income Minneapolis Apartment for rent?

Today's Low Income apartment with the most square footage in Minneapolis is a 2,031 square feet unit starting from $1,191 at Beam.

What is the average size for Minneapolis Low Income Apartments for rent?

The average size for a Low Income rental in Minneapolis is currently at 597 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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Authentic Minneapolis: An Insider's 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.

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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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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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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.

Articles, How-To's, and Tips

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.