Cheap Apartments for Rent in the Bancroft Neighborhood of Minneapolis, MN from $400 (186 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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Garfield Ave Apartments | 2323
Rent Specials
$841 - $866
Total Monthly Price

Total Monthly Price

Base Rent
$825 - $850
Required Monthly Fees
$16

Total Monthly Price
$841 - $866
Studio Apartments Available Soon

Garfield Ave Apartments | 2323

2323 Garfield Ave SMinneapolis, MN 55405
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Bryant Manor Apartments
Rent Specials
$857 - $1,427
Total Monthly Price

Total Monthly Price

Base Rent
$845 - $1,415
Required Monthly Fees
$12

Total Monthly Price
$857 - $1,427
Studio to 2 Bedroom Apartments Available Now

Bryant Manor Apartments

3532 Bryant Ave SMinneapolis, MN 55408
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Colfax Manor
Rent Specials
$859 - $1,429
Total Monthly Price

Total Monthly Price

Base Rent
$845 - $1,415
Required Monthly Fees
$14

Total Monthly Price
$859 - $1,429
Studio to 2 Bedroom Apartments Available Now

Colfax Manor

3401 Colfax Ave SMinneapolis, MN 55408
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Mansard Apartments
Rent Specials
$865 - $1,010
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $995
Required Monthly Fees
$15

Total Monthly Price
$865 - $1,010
Studio to 1 Bedroom Apartments Available Now

Mansard Apartments

2930 33rd Ave SMinneapolis, MN 55406
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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.

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Colfax Terrace
Rent Specials
$911
Total Monthly Price

Total Monthly Price

Base Rent
$895
Required Monthly Fees
$16

Total Monthly Price
$911
Studio Apartments Available Now

Colfax Terrace

3433-3435 Colfax Ave SMinneapolis, MN 55408
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property at 2810 Park Ave

2810 Park Ave

MinneapolisMN55407

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
Rent Specials
$926 - $1,126
Total Monthly Price

Total Monthly Price

Base Rent
$915 - $1,115
Required Monthly Fees
$11

Total Monthly Price
$926 - $1,126
Studio to 1 Bedroom Apartments Available Now

Fremont Apartments | 3300

3300 Fremont Ave SMinneapolis, MN 55408
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Kings Highway Apartments
Rent Specials
$929 - $1,109
Total Monthly Price

Total Monthly Price

Base Rent
$915 - $1,095
Required Monthly Fees
$14

Total Monthly Price
$929 - $1,109
Studio to 1 Bedroom Apartments Available Now

Kings Highway Apartments

3548 Dupont Ave SMinneapolis, MN 55408
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Isles East
$975 - $1,575
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895 - $1,495
Required Monthly Fees
$80

Total Monthly Price
$975 - $1,575
Studio to 2 Bedroom Apartments Available Now

Isles East

1101-1105 W 28th StMinneapolis, MN 55408
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Girard Apartments
Rent Specials
$979 - $1,029
Total Monthly Price

Total Monthly Price

Base Rent
$965 - $1,015
Required Monthly Fees
$14

Total Monthly Price
$979 - $1,029
1 Bedroom Apartments Available Now

Girard Apartments

3253 Girard Ave SMinneapolis, MN 55408
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property at 2637 Pleasant Ave

2637 Pleasant Ave

MinneapolisMN55408
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29 Bryant Apartments
Rent Specials
$1,000 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,645
Required Monthly Fees
$55

Total Monthly Price
$1,000 - $1,700
Studio to 2 Bedroom Apartments Available Now

29 Bryant Apartments

2934 Bryant Ave SMinneapolis, MN 55408
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Overland Apartments
$1,000 - $2,233
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $2,178
Required Monthly Fees
$55

Total Monthly Price
$1,000 - $2,233
Studio to 2 Bedroom Apartments Available Now

Overland Apartments

2325 E 38th St EMinneapolis, MN 55406
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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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3523 Grand Ave S
$1,030
Total Monthly Price

Total Monthly Price

Base Rent
$875
Required Monthly Fees
$155

Total Monthly Price
$1,030
Studio Apartments Available Now

3523 Grand Ave S

3523 Grand AveMinneapolis, MN 55408
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Oaks Hiawatha Station
Rent Specials
$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 Available Now

Oaks Hiawatha Station

4540 Snelling AveMinneapolis, MN 55406
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2413 DuPont Ave S, Unit 2
$1,049
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,049

Total Monthly Price
$1,049
1 Bedroom Apartment Available Now

2413 DuPont Ave S, Unit 2

2413 DuPont Ave SMinneapolis, MN 55405
Affordability
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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.

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2600 Bryant Ave S
$1,050 - $1,525
Total Monthly Price

Total Monthly Price

Base Rent
$895 - $1,370
Required Monthly Fees
$155

Total Monthly Price
$1,050 - $1,525
Studio to 2 Bedroom Apartments Available Now

2600 Bryant Ave S

2600 Bryant Ave SMinneapolis, MN 55408
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Mission Lofts
Rent Specials
$1,057 - $1,429
Total Monthly Price

Total Monthly Price

Base Rent
$998 - $1,370
Required Monthly Fees
$59

Total Monthly Price
$1,057 - $1,429
Studio to 1 Bedroom Apartments Available Now

Mission Lofts

1219 W 31st StMinneapolis, MN 55408
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Alexander Apartments
$1,065 - $1,619
Total Monthly Price

Total Monthly Price

Base Rent
$1,010 - $1,564
Required Monthly Fees
$55

Total Monthly Price
$1,065 - $1,619
Studio to 2 Bedroom Apartments Available Now

Alexander Apartments

3224-3236 Girard AveMinneapolis, MN 55408
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Rosa Apartments | MPLS
Rent Specials
$1,075 - $2,545
Total Monthly Price

Total Monthly Price

Base Rent
$1,025 - $2,495
Required Monthly Fees
$50

Total Monthly Price
$1,075 - $2,545
Studio to 3 Bedroom Apartments Available Now

Rosa Apartments | MPLS

4201 Nicollet AveMinneapolis, MN 55409
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Lakefield Apartments
Rent Specials
$1,075 - $2,999
Total Monthly Price

Total Monthly Price

Base Rent
$1,075 - $2,999

Total Monthly Price
$1,075 - $2,999
Studio to 4 Bedroom Apartments Available Now

Lakefield Apartments

550 W Lake StMinneapolis, MN 55408
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3508 Colfax Ave S
$1,095
Total Monthly Price

Total Monthly Price

Base Rent
$940
Required Monthly Fees
$155

Total Monthly Price
$1,095
Studio Apartments Available Now

3508 Colfax Ave S

3508 Colfax Ave SMinneapolis, MN 55408
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property at 3729 Snelling Ave

3729 Snelling Ave

MinneapolisMN55406
property at 2533 Lyndale Ave S

2533 Lyndale Ave S

MinneapolisMN55405

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.

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. 3033 Grand Avenue S. has the second lowest priced unit, which is a Studio apartment currently listed from $760. 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
3033 Grand Avenue S.3033 Grand Ave S - StudioStudio,1BA$760
The MiroStudioStudio,1BA$799
2731 PillsburyStudio 1 Bath - 2731 PillsburyStudio,1BA$799
Diamond Lake PropertiesModel EAStudio,1BA$825
2426 BlaisdellStudioStudio,1BA$849
Colfax ManorStudio AStudio,1BA$859
Mansard ApartmentsStudioStudio,1BA$865
Pillsbury ApartmentsStudioStudio,1BA$875
2324 Bryant Ave S0BR/1.0BAStudio,1BA$885

Best Value Apartments for Rent in Bancroft, MN

As of December 10, 2025 the best value apartment in the Bancroft area is the $1.20 price per square foot 2738 Emerson Ave S Model at 2738 Emerson Ave S, Unit 2738 Emerson avenue in the in the Calhoun Isles neighborhood starting from $1,795. The second greatest value Bancroft apartment is the 2524 Dupont Ave S Model at 2524 Dupont Ave S, Unit 1 starting at $1,850 with a $1.23 price per square foot in the Calhoun Isles 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.
2738 Emerson Ave S, Unit 2738 Emerson avenue2738 Emerson Ave S2BR,1BA$1.20
2524 Dupont Ave S, Unit 12524 Dupont Ave S2BR,1BA$1.23
Oaks Hiawatha Station2 Bedroom Den - B32BR,2BA$1.36
2901 28th Ave S, Unit Unit #22901 28th Ave S2BR,2BA$1.38
Rex DevelopmentRex4Plex1BR,1BA$1.06
Brackett's Place Apartments2 Bedroom2BR,1BA$1.17
3105 16th Ave S, Unit Unit Three3105 16th Ave S2BR,1BA$1.26
2601/05 Fremont Ave S1BR/1.0BA1BR,1BA$1.27
2315-2321 Dupont Ave S2 bedroom2BR,1BA$1.39
2417 Garfield Ave Apartments | Origen Living1BR/1.0BA1BR,1BA$1.23

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.

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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.

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Enjoy 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.

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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
Bancroft, Minneapolis, MN

Ranked #35

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 a cheap apartment in Bancroft?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bancroft is under $885.

What is the price of a cheap apartment in Bancroft?

The cheapest apartment in Bancroft is 2417 Garfield Ave Apartments | Origen Living which is listed at $902, while the average apartment in Bancroft costs $2,350.

What types of apartments are the cheapest in Bancroft?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 46 regular apartments in Bancroft that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Bancroft?

Cheap apartments in Bancroft have an average cost of $476 which is $1,874 cheaper than the average rent for all rentals in Bancroft.

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

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

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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.

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Authentic Minneapolis: An Insiders 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.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.