Cheap Apartments for Rent in the Bancroft Neighborhood of Minneapolis, MN from $441 (353 Rentals)

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

property at 3111 E 31st St
$795

Total Monthly Price

Base Rent$795
Total Monthly Price$795
Studio, 1 Bath Home for Rent
Available Now
Affordability

3111 E 31st St

MinneapolisMN55406
property at 2810 Park Ave
$825

Total Monthly Price

Base Rent$825
Total Monthly Price$825
Studio, 1 Bath Home for Rent
Available Now
Affordability

2810 Park Ave

MinneapolisMN55407

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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Colfax Villas I
$899 - $1,250

Total Monthly Price

Base Rent$899 - $1,250
Total Monthly Price$899 - $1,250
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Colfax Villas I

3611 Colfax Ave SMinneapolis, MN 55409
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Ellis and Louise Apartments
$900 - $1,375

Total Monthly Price

Base Rent$900 - $1,375
Total Monthly Price$900 - $1,375
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Sep 15

Ellis and Louise Apartments

3440 Dupont Ave SMinneapolis, MN 55408
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Flats at Emerson
$905 - $935

Total Monthly Price

Base Rent$895 - $925
Required Monthly Fees$10
Total Monthly Price$905 - $935
12 Month Lease Term
Studio Apartments Available Nov 1

Flats at Emerson

3441 Emerson Ave SMinneapolis, MN 55408
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Bryant Manor
Rent Specials
$907 - $1,157

Total Monthly Price

Base Rent$895 - $1,145
Required Monthly FeesVaries
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Bryant Manor

3532 Bryant Ave SMinneapolis, MN 55408
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Marcelle
$927 - $1,047

Total Monthly Price

Base Rent$910 - $1,030
Required Monthly Fees$17
Total Monthly Price$927 - $1,047
Studio to 1 Bedroom Apartments Available Now

Marcelle

2400 Harriet Ave SMinneapolis, MN 55405
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Colfax Terrace
Rent Specials
$952

Total Monthly Price

Base Rent$935
Required Monthly FeesVaries
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Colfax Terrace

3433-3435 Colfax Ave SMinneapolis, MN 55408
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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.

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Colfax Manor
$960 - $1,060

Total Monthly Price

Base Rent$945 - $1,045
Required Monthly FeesVaries
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Oct 1

Colfax Manor

3401 Colfax Ave SMinneapolis, MN 55408
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CityLine
$999 - $1,880

Total Monthly Price

Base Rent$999 - $1,880
Total Monthly PriceVaries
Studio to 1 Bedroom Apartments Available Now

CityLine

3815 Hiawatha AveMinneapolis, MN 55406
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Mission Lofts
Rent Specials
$1,000 - $1,756

Total Monthly Price

Base Rent$940 - $1,696
Required Monthly FeesVaries
Total Monthly PriceVaries
Studio to 1 Bedroom Apartments Available Now

Mission Lofts

1219 W 31st StMinneapolis, MN 55408
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property at 3705 Chicago Ave
$1,000

Total Monthly Price

Base Rent$1,000
Total Monthly Price$1,000
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

3705 Chicago Ave

MinneapolisMN55407
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AVID Uptown
$1,012 - $1,112

Total Monthly Price

Base Rent$945 - $1,045
Required Monthly Fees$67
Total Monthly Price$1,012 - $1,112
1 Bedroom Apartments Available Nov 7

AVID Uptown

3431 Dupont Ave SMinneapolis, MN 55408
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Mansard Apartments
Rent Specials
$1,021

Total Monthly Price

Base Rent$1,005
Required Monthly FeesVaries
Total Monthly PriceVaries
1 Bedroom Apartments Available Soon

Mansard Apartments

2930 33rd Ave SMinneapolis, MN 55406
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Oaks Hiawatha Station
$1,039 - $2,042

Total Monthly Price

Base Rent$1,017 - $2,020
Required Monthly Fees$22
Total Monthly Price$1,039 - $2,042
Studio to 2 Bedroom Apartments Available Sep 25

Oaks Hiawatha Station

4540 Snelling AveMinneapolis, MN 55406
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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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Girard Apartments
$1,040

Total Monthly Price

Base Rent$1,025
Required Monthly FeesVaries
Total Monthly PriceVaries
1 Bedroom Apartments Available Feb 1, 2027

Girard Apartments

3253 Girard Ave SMinneapolis, MN 55408
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Longfellow Place
$1,044

Total Monthly Price

Base Rent$1,015
Required Monthly Fees$29
Total Monthly Price$1,044
12 Month Lease Term
1 Bedroom Apartments Available Oct 1

Longfellow Place

3414 Minnehaha AveMinneapolis, MN 55406
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5544/5301 Chicago Ave S
$1,110 - $1,450

Total Monthly Price

Base Rent$1,050 - $1,390
Required Monthly Fees$60
Total Monthly Price$1,110 - $1,450
12 Month Lease Term
1 to 2 Bedroom Apartments Available Oct 1

5544/5301 Chicago Ave S

5544 Chicago AveMinneapolis, MN 55417
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3530 18th Ave S
$1,130 - $1,175

Total Monthly Price

Base Rent$1,050 - $1,095
Required Monthly Fees$80
Total Monthly Price$1,130 - $1,175
12 Month Lease Term
1 Bedroom Apartments Contact Us For Availability

3530 18th Ave S

3530 18th Ave SMinneapolis, MN 55407
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Pillsbury Flats
$1,137 - $1,147

Total Monthly Price

Base Rent$1,120 - $1,130
Required Monthly FeesVaries
Total Monthly PriceVaries
1 Bedroom Apartments Available Oct 2

Pillsbury Flats

2508-2520 Pillsbury Ave SMinneapolis, MN 55404
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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!

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property at 3718 Oakland Ave S
$1,150

Total Monthly Price

Base Rent$1,150
Total Monthly Price$1,150
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

3718 Oakland Ave S

MinneapolisMN55407
property at 2621-2623 Colfax Ave South
$1,175

Total Monthly Price

Base Rent$1,175
Total Monthly Price$1,175
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

2621-2623 Colfax Ave South

MinneapolisMN55408
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B-Side
Rent Specials
$1,179 - $1,889

Total Monthly Price

Base Rent$1,179 - $1,889
Total Monthly Price$1,179 - $1,889
Studio to 2 Bedroom Apartments Available Now

B-Side

3027 22nd Ave SMinneapolis, MN 55407
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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.

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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 2 Beds unit found at East Phillips Commons priced from $441. 2637 Lyndale Ave S has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Bancroft apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
East Phillips Commons2 Bedroom2BR,1BA$441
2637 Lyndale Ave SStudioStudio,1BA$700
The MiroStudioStudio,1BA$799
3419 Nicollet Avenue3419 Nicollet Ave - StudioStudio,1BA$800
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio,1BA$800
2709 Park Ave S0BR/1.0BAStudio,1BA$825
3033 Grand Avenue S.3033 Grand Ave S - StudioStudio,1BA$828
Uptown EstatesStudioStudio,1BA$839
2426 BlaisdellStudioStudio,1BA$849
Greenway ApartmentsBlaisdell StudioStudio,1BA$850

Best Value Apartments for Rent in Bancroft, MN

As of September 09, 2026 the best value apartment in the Bancroft area is the $0.98 price per square foot 3BR/2.0BA Model at Pillsbury in the in the Whittier neighborhood starting from $1,950. The second greatest value Bancroft apartment is the 2 BD 1 BA Model at 1305 W 34th St starting at $1,825 with a $1.35 price per square foot in the Lowry Hill East 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.
Pillsbury3BR/2.0BA3BR,2BA$0.98
1305 W 34th St2 BD 1 BA2BR,1BA$1.35
Midtown Exchange Apartments2 Bedroom plus Den - Market2BR,1BA$1.16
Rex DevelopmentRex4Plex1BR,1BA$1.06
East Phillips Commons2 Bedroom2BR,1BA$0.43
3709 Pleasant Ave, Unit #13709 Pleasant Ave1BR,1BA$1.20
4200 1st Avenue South2BR/1.0BA2BR,1BA$1.33
DJ Smith Realty Emerson Ave S2BR/1.0BA2BR,1BA$1.32
2435 Pillsbury Ave. S.1-Bedroom1BR,1BA$1.30
Girard1BR/1.0BA1BR,1BA$1.38

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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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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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.

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Real 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.

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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 #33

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 2637 Lyndale Ave S listed at $700.

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

The lowest price for a Cheap One Bedroom Bancroft Apartment is $880 at 3533 2nd Avenue.

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 $441 at East Phillips Commons.

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 $1,460.

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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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.

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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

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