Apartments for Rent in Minneapolis, MN Under $700 (48 Rentals)

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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.

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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Spruce Place Apartments
Studio to 2 Bedroom Apartments

Spruce Place Apartments

1365 Spruce PlMinneapolis, MN 55403
  • Utilities Included
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Blaisdell 2312
Studio to 1 Bedroom Apartments

Blaisdell 2312

2312 S Blaisdell AveMinneapolis, MN 55404
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Emerson
1 to 3 Bedroom Apartments

Emerson

1600 N Emerson AveMinneapolis, MN 55411
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Huron Estates
Studio to 2 Bedroom Apartments

Huron Estates

614 Huron Blvd SEMinneapolis, MN 55414
  • Utilities Included
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Buri Manor
Studio Apartments

Buri Manor

1515 Chicago AveMinneapolis, MN 55404
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Tairrie House
Studio to 4 Bedroom Apartments

Tairrie House

609 Oak St SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Northside Artspace Lofts
Studio to 3 Bedroom Apartments

Northside Artspace Lofts

229 N Irving AveMinneapolis, MN 55405
  • Utilities Included
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The Chalet
Studio Apartments

The Chalet

3023 Lyndale AveMinneapolis, MN 55408
  • Utilities Included
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3120 Fremont Ave S
Studio to 2 Bedroom Apartments

3120 Fremont Ave S

3120 Fremont AveMinneapolis, MN 55408

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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Fieldhouse
1 to 5 Bedroom Apartments

Fieldhouse

805 15th Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Shelby Commons
1 to 3 Bedroom Apartments

Shelby Commons

188 Glenwood AveMinneapolis, MN 55405
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FloCo Fusion
1 to 4 Bedroom Apartments

FloCo Fusion

1022 University Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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The Station on Washington
Studio to 2 Bedroom Apartments

The Station on Washington

620 Washington Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Bierman Place
1 to 4 Bedroom Apartments

Bierman Place

1401 6th St SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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The Brownstones
1 to 5 Bedroom Apartments

The Brownstones

800 4th St SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Paige Hall
Studio to 2 Bedroom Apartments

Paige Hall

727 5th Ave SMinneapolis, MN 55415
  • Utilities Included

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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The Adams
Studio Apartments

The Adams

500 S 10th StMinneapolis, MN 55404
  • Utilities Included
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Yugo Minneapolis 412 Lofts
Studio to 3 Bedroom Apartments

Yugo Minneapolis 412 Lofts

412 12th Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Identity Dinkytown
Studio to 5 Bedroom Apartments

Identity Dinkytown

407 15th AveMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Dundry House
Studio to 1 Bedroom Apartments

Dundry House

1829 5th Ave SMinneapolis, MN 55404

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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Chorus Apartments
Studio to 4 Bedroom Apartments

Chorus Apartments

1295 NE 2nd StHopkins, MN 55343
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Skyline Tower
Studio to 2 Bedroom Apartments

Skyline Tower

1247 Saint Anthony AveSt. Paul, MN 55104

Minneapolis, MN Local Guide

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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Pet Friendly Lifestyle
Minneapolis, MN

Ranked #1

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 Apartments Map
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Minneapolis, MN Rental Homes Map

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

Minneapolis, MN Area Reviews

  • Parks
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  • Cost of Living
  • Safety

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 Minneapolis

How much are Studio apartments in Minneapolis?

There are currently 2,370 Studio Apartments in Minneapolis with rent ranges from $640 to $3,565 with an average price of $1,270.

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 $6,050 with an average monthly rent of $1,535.

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 $2,150.

How expensive are Minneapolis Three Bedroom Apartments?

There are currently 643 Three Bedroom Apartments listings available in Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $495 to $10,090 - averaging $2,499 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.

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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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.

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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.