Cheap Apartments for Rent in the Bancroft Neighborhood of Minneapolis, MN from $400 (181 Rentals)

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Cheap Apartments in the Bancroft area of Minneapolis.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 2810 Park Ave

2810 Park Ave

MinneapolisMN55407
property at 3515 2nd Ave S

3515 2nd Ave S

MinneapolisMN55408

Bancroft - 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!

property at 2818 E 31st St

2818 E 31st St

MinneapolisMN55406

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 2 Beds unit found at East Phillips Commons priced from $400. 3415 Nicollet Avenue has the second lowest priced unit, which is a Studio apartment currently listed from $735. Here are the most affordable Bancroft apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
East Phillips Commons2 Bedroom2BR,1BA$400
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio,1BA$735
3419 Nicollet Avenue3419 Nicollet Ave - StudioStudio,1BA$740
Lakesbury ApartmentsStudioStudio,1BA$745
The MiroStudioStudio,1BA$799
2800 Colfax0BR/1.0BAStudio,1BA$800
3016 Grand Avenue S.3016 Grand Ave S - 1 Bedroom1BR,1BA$800
Fremont Apartments | 3300StudioStudio,1BA$825
2426 BlaisdellStudioStudio,1BA$850
2626 Fremont Ave S0BR/1.0BAStudio,1BA$865

Best Value Apartments for Rent in Bancroft, MN

As of May 02, 2025 the best value apartment in the Bancroft area is the $1.33 price per square foot 3302 Harriet Ave Model at 3302 Harriet Ave, Unit 2 in the in the Lowry Hill East neighborhood starting from $3,200. The second greatest value Bancroft apartment is the 2 Bedroom plus Den - Market Model at Midtown Exchange Apartments starting at $1,585 with a $1.24 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 ListingModel NameBed/BathPrice Per Sq.Ft.
3302 Harriet Ave, Unit 23302 Harriet Ave4BR,2BA$1.33
Midtown Exchange Apartments2 Bedroom plus Den - Market2BR,1BA$1.24
East Phillips Commons2 Bedroom2BR,1BA$0.39
2828 Blaisdell Ave, Unit 2 Bedroom Apartment2828 Blaisdell Ave2BR,1BA$1.35
3105 16th Ave S, Unit Three3105 16th Ave S2BR,1BA$1.26
2315-2321 Dupont Ave S2 bedroom2BR,1BA$1.39
3752 18th Ave S, Unit #13752 18th Ave S1BR,1BA$1.37
3411 Hennepin Ave S1BR/1.0BA1BR,1BA$1.23
Aldrich Avenue ApartmentsStandard 1 Bedroom1BR,1BA$1.41
3033 Grand Avenue S.3033 Grand Ave S - 1 Bedroom1BR,1BA$1.30

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Pet Friendly Lifestyle
Bancroft, Minneapolis, MN

Ranked #32

Among neighborhoods in Minneapolis, MN 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 3415 Nicollet Avenue listed at $735.

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 $995 at 3415 Nicollet Avenue.

What is the most affordable Bancroft Three Bedroom Apartment?

The best deal on a cheap Bancroft Three Bedroom Apartment rental is at Karmel Apartments and starts from $1,800.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.