
Low Income Apartments for Rent in Minneapolis, MN Under $1,500 (56 Rentals)


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City Limits Apartments

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Stone Arch I

Karinsplass Apartments

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Buzza Lofts of Uptown

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Mill City Quarter

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Lake Street Dwelling

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Flats at Malcolm Yards

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The Theodore Apartments 55+

North Creek
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Belmont Apartments

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1500 Nicollet

B-Side

Riverside Homes

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Stone Arch II

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Canvas Apartments

The Elms

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Timber & Tie

St Anthony Mills Apartments

Park Plaza
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.

Stonehouse Square Apartments

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The Redwell

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Five15 on the Park

Autumn Ridge Apartments

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2400 Harriet Ave Apartments | Origen Living

Stradford Flats

Blue Goose Cooperative

Bossen Park Apartments

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2417 Garfield Ave Apartments | Origen Living

The Roselle
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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Haverhill Apartments

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Brentwood Apartments

St. Anne's Senior Housing

Shoreline Plaza

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Richland Court Apartments

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The Legends of Columbia Heights 55+ Living

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Grand Central Flats

The Legends at Silver Lake Village 55+ Apartments

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Oaks Landing 55+ Apartments

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The Legends at Berry 62+ Apartments
Navigating the World of Low-Income Housing
A Comprehensive Guide to Understanding Low Income Renting

Twelve22

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Callisto Commons

Sonder House

Falcon Heights Town Square Apartments

The Shores - 62 + Community

New Orleans Court Apartments and Townhomes

Noma One

Seasons Park

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Blooming Meadows South

Hampden Square Apts and Townhomes
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.
Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,315 | $640 | $2,434 |
| Minneapolis 1 Bedroom Apartments | $1,633 | $500 | $6,779 |
| Minneapolis 2 Bedroom Apartments | $2,188 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,613 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,220 | $649 | $10,000+ |
| Minneapolis 5 Bedroom Apartments | $3,541 | $2,200 | $9,097 |
| Minneapolis 6 Bedroom Apartments | $3,734 | $2,700 | $4,650 |
Explore Minneapolis
Minneapolis, MN Local Guide
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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.
Read ArticleEnjoy 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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Minneapolis, MN Rentals by Map
See the most popular apartments and homes in Minneapolis, MN
Minneapolis, MN Area Reviews
Stephanie • 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 Low Income Minneapolis Apartments
What is the Cheapest Low Income apartment in Minneapolis?
Currently the most affordable Low Income Apartment in Minneapolis is at Treehouse listed at $626.
How much is the average rent for a Low Income Minneapolis Apartment?
The average rent for a Low Income Apartment in Minneapolis is $1,347.
What is the largest Low Income Minneapolis Apartment for rent?
Today's Low Income apartment with the most square footage in Minneapolis is a 1,984 square feet unit starting from $1,150 at Riverside Homes.
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 580 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

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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.