
Apartments for Rent in Minneapolis, MN Under $5,400 (2,150 Rentals) Page 2 of 43


514 Franklin W Ave, Unit Franklin Avenue 2nd Floor

270 Hennepin

New Boston Square

MPA / Marcy Park Apartments

Redmond Apartments

The Copham

Mount Royal Apartments

905 Lowry Ave NE, Unit 1
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

3205 Grand Ave S, Unit 3

Grain Belt

Laguna Apartments

1500 Nicollet

612 Jefferson St NE

Ironclad Residential

The Elysian

River Gates Apartments

The Abbott

365 Nicollet

430 Oak Grove

LAKEHAUS

Borealis Apartments

Green on 4th

The Gateway at West Lake Quarter

1425 6th St SE, Unit Main Level Unit #1

Volo at Texa Tonka

633 Ontario St SE

2109 Blaisdell

Millennium at West End

The Paxon

1422 26th Ave N, Unit 3

2208 27th Ave S, Unit #2

Tula

2nd Street Lofts

Nordhaus Apartment Homes

Linden Flats in Linden Hills

Marquette Place

1101 on Main Apartment Homes

Maverick

Arcata Apartments

3732 16th Ave S, Unit 2

88 W Minnehaha Pky, Unit 4

Caraway West End
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 Under $5400 | $1,366 | $640 | $8,067 |
Minneapolis 1 Bedroom Apartments Under $5400 | $1,658 | $500 | $7,093 |
Minneapolis 2 Bedroom Apartments Under $5400 | $2,312 | $479 | $10,000+ |
Minneapolis 3 Bedroom Apartments Under $5400 | $2,576 | $495 | $10,000+ |
Minneapolis 4 Bedroom Apartments Under $5400 | $2,752 | $495 | $10,000+ |
Minneapolis 5 Bedroom Apartments | $3,508 | $2,100 | $7,800 |
Browse Top Apartments in Minneapolis
See all Apartments in MinneapolisExplore Minneapolis
Getting Around Minneapolis, MN
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
83 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
52 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Minneapolis
How much are Studio apartments in Minneapolis?
There are currently 920 Studio Apartments in Minneapolis with rent ranges from $640 to $8,067 with an average price of $1,366.
What is the current price range for One Bedroom Minneapolis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Minneapolis ranges from $500 to $7,093 with an average monthly rent of $1,658.
What does renting a Two Bedroom Apartment in Minneapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Minneapolis range from $479 to $15,685. Today's average rental price for Two Bedrooms here is $2,312.
How expensive are Minneapolis Three Bedroom Apartments?
There are currently 496 Three Bedroom Apartments listings available in Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $495 to $12,039 - averaging $2,576 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.