
Cheap Apartments for Rent in the Armatage Neighborhood of Minneapolis, MN from $850 (104 Rentals)
Search the lowest-cost Apartments available for rent right now in the Armatage area of Minneapolis.


7027 Morgan Ave S

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ReNew Minnehaha

Chowen Plaza Apartments

Karmel Apartments

Allegro

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Rosa

4620 4th Ave S, Unit 1

Total Monthly Price
Lake Harriet Commons

City Limits Apartments
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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Fulton Terrace

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Diamond Pointe Apartments

4610 Bryant Ave S

4000 Mavelle Dr

4436 Grand Ave S

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5817 Blaisdell Ave, Unit 5817

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Creek Terrace

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Linden Flats

7311 Aldrich Ave S

5846 Washburn Ave S
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.

Total Monthly Price
5530 Penn Ave S

6336 Nicollet Ave, Unit 1

4855 Nicollet Ave

Wexford Commons Apartments

4422 Nicollet Ave

Casablanca

5600 Nicollet Avenue South

4532 Bryant Ave S

InHabit Apartments

2629 W 43rd
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.

Linden Hills | 2715

4537 France Ave

Nicollet Manor

4351 Drew Ave

Lake Harriet Pkwy Apartments

2707 W 43rd St

4233 Nicollet Ave S

Rustic Lodge

Cove at Linden Hills

6615 Lake Shore Dr S
Armatage - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

4200 1st Avenue South

Fuller Park Flats

4200 Valley View Rd

3815 Glendale Ter

Lake Harriet Condos

Windom Gables

NIC 44

4336 York Ave S

4829 Vincent Ave S

LH 44
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.
Armatage, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Armatage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Armatage Studio Apartments | $1,409 | $850 | $2,388 |
| Armatage 1 Bedroom Apartments | $1,836 | $1,025 | $5,670 |
| Armatage 2 Bedroom Apartments | $2,882 | $1,125 | $10,000+ |
| Armatage 3 Bedroom Apartments | $3,153 | $1,700 | $6,286 |
| Armatage 4 Bedroom Apartments | $4,573 | $2,799 | $6,347 |
Browse Apartments in this Neighborhood
There are currently 104 rentals with your search options within a 2 mile radius of the Armatage Neighborhood of Minneapolis, MN.
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Armatage, Minneapolis, MN Local Guide
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Cheapest Available Armatage Apartments for Rent
 The cheapest available apartment rental in the Armatage area of Minneapolis, MN is a Studio unit found at Diamond Lake priced from $850. Richlyn has the second lowest priced unit, which is a Studio apartment currently listed from $913. Here are the most affordable Armatage apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Diamond Lake | East - Studio | Studio,1BA | $850 |
| Richlyn | Unit 2 - 50% AMI | Studio,1BA | $913 |
| Lyndale Gardens | 1 Bedroom Large | 1BR,1BA | $1,075 |
| Southdale Parc Apartments | 1 Bedroom A | 1BR,1BA | $1,091 |
| 4351 Drew Ave | 1 Bedroom | 1BR,1BA | $1,100 |
| Riley | Lincoln | Studio,1BA | $1,101 |
| South Pleasant Apartments | 2BR/1.0BA | 2BR,1BA | $1,125 |
| ReNew Minnehaha | A2 | 1BR,1BA | $1,149 |
| Henley (6324-6344 Lyndale) | Studio | Studio,1BA | $1,175 |
| Cove at Linden Hills | The Isles | Studio,1BA | $1,195 |
Best Value Apartments for Rent in Armatage, MN
As of August 23, 2026 the best value apartment in the Armatage area is the $1.62 price per square foot A1 Model at Astor Place of Edina in the in the Armatage neighborhood starting from $1,595. The second greatest value Armatage apartment is the 2BR/1.0BA Model at 4200 1st Avenue South starting at $1,300 with a $1.33 price per square foot in the Powderhorn neighborhood. Here is today’s list of the best values for Armatage apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Astor Place of Edina | A1 | 1BR,1BA | $1.62 |
| 4200 1st Avenue South | 2BR/1.0BA | 2BR,1BA | $1.33 |
| York Plaza | 1 Bedroom | 1BR,1BA | $1.74 |
| Diamond Pointe Apartments | Two Bedroom | 2BR,1BA | $1.57 |
| Normandy House Apartments | 1 BR, 1 BA | 1BR,1BA | $1.49 |
| 6715 Penn Ave S | 2/1 | 2BR,1BA | $1.69 |
| ReNew Minnehaha | A2 | 1BR,1BA | $1.53 |
| Allegro | 1BR/1 BA | 1BR,1BA | $1.67 |
| South Pleasant Apartments | 2BR/1.0BA | 2BR,1BA | $1.56 |
| 4351 Drew Ave | 1 Bedroom | 1BR,1BA | $1.57 |
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.
Best Local Schools in Armatage, Minneapolis, MN
Southwest Senior High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States and customized analysis for Southwest Minneapolis-St. Paul, MN. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Armatage Apartments
What is the Cheapest Studio apartment in Armatage?
Currently the most affordable Cheap Studio Apartment in Armatage is at Diamond Lake listed at $850.
How much is rent for a Cheap One Bedroom Armatage Apartment?
The lowest price for a Cheap One Bedroom Armatage Apartment is $1,025 at Diamond Lake.
What is the lowest price for a Cheap Two Bedroom Armatage Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Armatage is starting from $1,125 at South Pleasant Apartments.
What is the most affordable Armatage Three Bedroom Apartment?
The best deal on a cheap Armatage Three Bedroom Apartment rental is at Rosa and starts from $2,603.
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

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.

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.

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.

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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

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.

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.