Cheap Apartments for Rent in the Bancroft Neighborhood of Minneapolis, MN from $400 (188 Rentals)
Search the lowest-cost Apartments available for rent right now in the Bancroft area of Minneapolis.

Lakesbury Apartments

Total Monthly Price
2417 Garfield Ave Apartments | Origen Living

Diamond Lake Properties

The Miro

2426 Blaisdell

Total Monthly Price
Colfax Manor

Total Monthly Price
Mansard Apartments

Pillsbury Apartments
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.

Total Monthly Price
Kings Highway Apartments

2600 Bryant Ave S

2810 Park Ave

2731 Pillsbury

Colfax Villas I

B-Side

3129 Aldrich

Ellis and Louise Apartments

Total Monthly Price
Updated Boutique 28 Unit Building on Emerson

Total Monthly Price
2400 Harriet Ave Apartments | Origen Living
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Fremont Apartments | 3300

2536 Lyndale Ave S

3816 Nicollet Apartments

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Colfax Terrace

3508 Colfax Ave S

130 W 28th St

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Girard Apartments

3252 Grand Ave S

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3040 Park Ave, Unit 3
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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4528 Bryant Ave S, Unit 5

2637 Pleasant Ave

Greenway Apartments

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29 Bryant Apartments

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Overland Apartments

Lakefield Apartments

Oaks Hiawatha Station

Uptown Square

Southsider

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Bryant Manor Apartments
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.

2507 Nicollet Ave

Fair Oaks Apartment Homes

The Central

2715 dupont ave S.

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3732 16th Ave S, Unit 3

2700 Garfield Ave

Laurel and Olive

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Alexander Apartments

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Pillsbury Flats

CityLine Apartments
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.
Bancroft, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Bancroft?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bancroft Studio Apartments | $1,099 | $750 | $1,916 |
| Bancroft 1 Bedroom Apartments | $1,427 | $917 | $2,116 |
| Bancroft 2 Bedroom Apartments | $1,927 | $1,195 | $3,415 |
| Bancroft 3 Bedroom Apartments | $2,484 | $1,550 | $9,331 |
| Bancroft 4 Bedroom Apartments | $3,185 | $2,200 | $7,602 |
Browse Apartments in this Neighborhood
There are currently 188 rentals with your search options within a 2 mile radius of the Bancroft Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Bancroft, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
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Cheapest Available Bancroft Apartments for Rent
 The cheapest available apartment rental in the Bancroft area of Minneapolis, MN is a Studio unit found at AVID priced from $750. Lakesbury Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $755. Here are the most affordable Bancroft apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| AVID | Original Kenwood studio | Studio,1BA | $750 |
| Lakesbury Apartments | Studio | Studio,1BA | $755 |
| 2417 Garfield Ave Apartments | Origen Living | 0BR/1.0BA | Studio,1BA | $762 |
| Diamond Lake Properties | Model EA | Studio,1BA | $795 |
| The Miro | Studio | Studio,1BA | $799 |
| 3016 Grand Avenue S. | 3016 Grand Ave S - 1 Bedroom | 1BR,1BA | $800 |
| 2709 Park Ave S | 0BR/1.0BA | Studio,1BA | $805 |
| 2426 Blaisdell | Studio | Studio,1BA | $849 |
| Colfax Manor | Studio A | Studio,1BA | $854 |
| Mansard Apartments | Studio | Studio,1BA | $861 |
Best Value Apartments for Rent in Bancroft, MN
As of October 24, 2025 the best value apartment in the Bancroft area is the $1.40 price per square foot 2621 Columbus Ave Model at 2621 Columbus Ave, Unit 2 Columbus Ave in the in the Powderhorn neighborhood starting from $1,600. The second greatest value Bancroft apartment is the 3 Bedroom Model at East Phillips Commons starting at $1,576 with a $1.38 price per square foot in the Powderhorn neighborhood. Here is today’s list of the best values for Bancroft apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2621 Columbus Ave, Unit 2 Columbus Ave | 2621 Columbus Ave | 2BR,1BA | $1.40 |
| East Phillips Commons | 3 Bedroom | 3BR,2BA | $1.38 |
| Rex Development | Rex4Plex | 1BR,1BA | $1.06 |
| NIC 44 | 2BR/1.0BA | 2BR,1BA | $1.40 |
| 3105 16th Ave S, Unit Unit Three | 3105 16th Ave S | 2BR,1BA | $1.26 |
| 2416 25th Ave S, Unit 2 | 2416 25th Ave S | 2BR,1BA | $1.37 |
| 3112 5th Ave S, Unit 2 | 3112 5th Ave S | 2BR,1BA | $1.40 |
| 2401 Dupont Ave S | 2BR/1.0BA | 2BR,1BA | $1.42 |
| 2315-2321 Dupont Ave S | 2 bedroom | 2BR,1BA | $1.39 |
| 3325 Nicollet Avenue | 3325 Nicollet Ave - 1 Bedroom | 1BR,1BA | $1.43 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe 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.
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 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.
Pet Friendly LifestyleBancroft, Minneapolis, MN
Ranked #39
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 AVID listed at $750.
How much is rent for a Cheap One Bedroom Bancroft Apartment?
The lowest price for a Cheap One Bedroom Bancroft Apartment is $800 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
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.


