Cheap Apartments for Rent in the Bancroft Neighborhood of Minneapolis, MN from $400 (237 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Bancroft area of Minneapolis.

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Ellis and Louise Apartments
$900 - $1,330
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900 - $1,330

Total Monthly Price
$900 - $1,330
Studio to 2 Bedroom Apartments Contact Us For Availability

Ellis and Louise Apartments

3440 Dupont Ave SMinneapolis, MN 55408
Affordability
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  • Utilities Included
  • Smoke Free

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property at 2525 3rd Ave S

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

2525 3rd Ave S

MinneapolisMN55404
property at 3729 Snelling Ave

$999

Total Monthly Price

Total Monthly Price

Base Rent
$999

Total Monthly Price
$999

1 Bedroom, 1 Bath Home for Rent

Available Now

3729 Snelling Ave

MinneapolisMN55406

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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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Oaks Hiawatha Station
$1,034 - $2,037
Total Monthly Price

Total Monthly Price

Base Rent
$1,017 - $2,020
Required Monthly Fees
$17

Total Monthly Price
$1,034 - $2,037
Studio to 2 Bedroom Apartments Contact Us For Availability

Oaks Hiawatha Station

4540 Snelling AveMinneapolis, MN 55406
Affordability
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property at 2637 Pleasant Ave

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

2637 Pleasant Ave

MinneapolisMN55408

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property at 1019 W 31st St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

1 Bedroom, 1 Bath Home for Rent

Available May 6

1019 W 31st St

MinneapolisMN55408
property at 3705 Chicago Ave

$1,100 - $1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 To 2 Bedroom Rentals

Available Now

3705 Chicago Ave

MinneapolisMN55407

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Bancroft, Minneapolis, MN Local Guide

Cheapest Available Bancroft Apartments for Rent

 

The cheapest available apartment rental in the Bancroft area of Minneapolis, MN is a Studio unit found at Lakesbury Apartments | Leasing Studio, Alcove, & 1-Bedroom Apartments! priced from $755. 2741 Pillsbury has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Bancroft apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Lakesbury Apartments | Leasing Studio, Alcove, & 1-Bedroom Apartments!StudioStudio,1BA$755
2741 PillsburyStudio 1 Bath - 2741 PillsburyStudio,1BA$799
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio,1BA$800
Garfield Ave Apartments | 2323StudioStudio,1BA$811
2426 BlaisdellStudioStudio,1BA$849
Bryant Manor ApartmentsStudioStudio,1BA$857
Pillsbury ApartmentsStudioStudio,1BA$875
3129 AldrichStudio 1 Bath - 3129 AldrichStudio,1BA$875
3137 AldrichStudio 1 Bath - 3137 AldrichStudio,1BA$875
2324 Bryant Ave S0BR/1.0BAStudio,1BA$885

Best Value Apartments for Rent in Bancroft, MN

As of March 12, 2026 the best value apartment in the Bancroft area is the $1.41 price per square foot 2BR/2.0BA Model at Sanctuary Lofts in the in the Northrup neighborhood starting from $2,199. The second greatest value Bancroft apartment is the 3741 Harriet Ave Model at 3741 Harriet Ave, Unit 3 starting at $1,795 with a $1.28 price per square foot in the Tangletown neighborhood. Here is today’s list of the best values for Bancroft apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sanctuary Lofts2BR/2.0BA2BR,2BA$1.41
3741 Harriet Ave, Unit 33741 Harriet Ave1BR,1BA$1.28
Midtown Exchange Apartments1 Bedroom plus Den1BR,1BA$1.01
Rex DevelopmentRex4Plex1BR,1BA$1.06
3105 16th Ave S, Unit Unit Three3105 16th Ave S2BR,1BA$1.26
DJ Smith Realty Emerson Ave S2BR/1.0BA2BR,1BA$1.39
4233 Nicollet Ave S1BR/1.0BA1BR,1BA$1.30
3428 Harriet ApartmentsRenovated 1 Bedroom1BR,1BA$1.39
4900 Chicago1 bedroom1BR,1BA$1.41
2545 Garfield1 Bedroom 1 Bath - 2545 Garfield1BR,1BA$1.29

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Pet Friendly Lifestyle
Bancroft, Minneapolis, MN

Ranked #36

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States and customized analysis for Southwest Central Minneapolis-St. Paul, MN. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and easy access to the parks, apartment communities for the kids, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Bancroft Apartments

What is the Cheapest Studio apartment in Bancroft?

Currently the most affordable Cheap Studio Apartment in Bancroft is at Lakesbury Apartments | Leasing Studio, Alcove, & 1-Bedroom Apartments! listed at $755.

How much is rent for a Cheap One Bedroom Bancroft Apartment?

The lowest price for a Cheap One Bedroom Bancroft Apartment is $890 at 3016 Grand Avenue S..

What is the lowest price for a Cheap Two Bedroom Bancroft Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Bancroft is starting from $1,150 at 2428 4th Ave.

What is the most affordable Bancroft Three Bedroom Apartment?

The best deal on a cheap Bancroft Three Bedroom Apartment rental is at Morrison Village Apartments and starts from $1,415.

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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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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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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