Cheap Apartments for Rent in the Bancroft Neighborhood of Minneapolis, MN from $400 (346 Rentals)

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

property at 3255 20th Ave S

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

Studio, 1 Bath Home for Rent

Available Now

3255 20th Ave S

MinneapolisMN55407
property at 2810 Park Ave

$875 - $1,160

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

Studio Rentals

Available Now

2810 Park Ave

MinneapolisMN55407

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Bryant Manor
Rent Specials
$887 - $1,457
Total Monthly Price

Total Monthly Price

Base Rent
$875 - $1,445
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Bryant Manor

3532 Bryant Ave SMinneapolis, MN 55408
Affordability
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Colfax Villas I
$899 - $1,250
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$899 - $1,250

Total Monthly Price
$899 - $1,250
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 - $1,330
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
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Mansard Apartments
$931 - $1,021
Total Monthly Price

Total Monthly Price

Base Rent
$915 - $1,005
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

Mansard Apartments

2930 33rd Ave SMinneapolis, MN 55406
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Longfellow Place
Rent Specials
$944 - $1,014
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$915 - $985
Required Monthly Fees
$29

Total Monthly Price
$944 - $1,014
Studio to 1 Bedroom Apartments Available Now

Longfellow Place

3414 Minnehaha AveMinneapolis, 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
$952 - $1,412
Total Monthly Price

Total Monthly Price

Base Rent
$935 - $1,395
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Colfax Terrace

3433-3435 Colfax Ave SMinneapolis, MN 55408
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Isles East
$975 - $1,475
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895 - $1,395
Required Monthly Fees
$80

Total Monthly Price
$975 - $1,475
Studio to 2 Bedroom Apartments Available Jul 1

Isles East

1101-1105 W 28th StMinneapolis, MN 55408
Transit Friendly
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property at 3300 Grand Ave S

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

Studio, 1 Bath Home for Rent

Available May 1

3300 Grand Ave S

MinneapolisMN55408
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Girard Apartments
Rent Specials
$1,010
Total Monthly Price

Total Monthly Price

Base Rent
$995
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Girard Apartments

3253 Girard Ave SMinneapolis, MN 55408
Corporate Housing
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AVID Uptown
$1,012 - $1,112
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,045
Required Monthly Fees
$67

Total Monthly Price
$1,012 - $1,112
1 Bedroom Apartments Available Jun 8

AVID Uptown

3431 Dupont Ave SMinneapolis, MN 55408
Student Housing
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Uptown Square
Rent Specials
$1,019 - $1,309
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,019 - $1,309

Total Monthly Price
$1,019 - $1,309
Studio to 1 Bedroom Apartments Available Now

Uptown Square

2908 Bryant Ave SMinneapolis, MN 55408
Corporate Housing
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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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Corner 29 Apartments
Rent Specials
$1,027 - $1,327
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995 - $1,295
Required Monthly Fees
$32

Total Monthly Price
$1,027 - $1,327
1 to 2 Bedroom Apartments Available Now

Corner 29 Apartments

2913 29th Ave SMinneapolis, MN 55406
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The Central
Rent Specials
$1,033 - $2,041
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,028 - $2,036
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Central

3503 2nd Ave SMinneapolis, MN 55408
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Oaks Hiawatha Station
$1,039 - $2,042
Total Monthly Price

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 May 8

Oaks Hiawatha Station

4540 Snelling AveMinneapolis, MN 55406
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Park Place Apartments
$1,043 - $1,073
Total Monthly Price

Total Monthly Price

Base Rent
$1,025 - $1,055
Required Monthly Fees
$18

Total Monthly Price
$1,043 - $1,073
1 Bedroom Apartments Contact Us For Availability

Park Place Apartments

3845 Bryant Ave SMinneapolis, MN 55409
Affordability
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  • Utilities Included
property at 1 1/2 E 26th St

$1,045

Total Monthly Price

Total Monthly Price

Base Rent
$1,045

Total Monthly Price
$1,045

1 Bedroom, 1 Bath Home for Rent

Available Jun 5

1 1/2 E 26th St

MinneapolisMN55404
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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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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3500 Dupont Ave
$1,080
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available May 1

3500 Dupont Ave

3500 Dupont Ave SMinneapolis, MN 55408
Transit Friendly
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property at 3040 Park Ave

$1,095

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

1 Bedroom, 1 Bath Townhome for Rent

Available Now

3040 Park Ave, Unit 2, Unit 2

3040 Park Ave
MinneapolisMN55407
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2739 Girard Ave S
$1,095
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095
1 Bedroom Apartment Available Now

2739 Girard Ave S

2739 Girard Ave SMinneapolis, MN 55408
Affordability
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property at 3245 3rd Ave S

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

3245 3rd Ave S

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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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.

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 1 Bed unit found at 3137 Aldrich priced from $150. COLFAX VILLAS 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
3137 Aldrich1 Bedroom 1 Bath - 3137 Aldrich1BR,1BA$150
COLFAX VILLASStudioStudio,1BA$799
2741 PillsburyStudio 1 Bath - 2741 PillsburyStudio,1BA$799
2709 Park Ave S0BR/1.0BAStudio,1BA$805
Diamond Lake PropertiesModel EAStudio,1BA$825
2426 BlaisdellStudioStudio,1BA$849
Greenway ApartmentsBlaisdell StudioStudio,1BA$875
3129 AldrichStudio 1 Bath - 3129 AldrichStudio,1BA$875
2400 Harriet Ave Apartments | Origen Living1BR/1.0BA1BR,1BA$877
Bryant ManorBryant Manor - Studio (A)Studio,1BA$887

Best Value Apartments for Rent in Bancroft, MN

As of April 26, 2026 the best value apartment in the Bancroft area is the $1.26 price per square foot 2613 Bryant Ave S Model at 2613 Bryant Ave S, Unit 2613 Bryant Ave S - FL1 in the in the Calhoun Isles neighborhood starting from $2,600. The second greatest value Bancroft apartment is the 3500 Minnehaha Ave Model at 3500 Minnehaha Ave, Unit 1 starting at $1,365 with a $1.14 price per square foot in the Greater Longfellow 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.
2613 Bryant Ave S, Unit 2613 Bryant Ave S - FL12613 Bryant Ave S3BR,1BA$1.26
3500 Minnehaha Ave, Unit 13500 Minnehaha Ave3BR,1BA$1.14
Emerson Manor Flats2BR/1.0BA2BR,1BA$1.36
2828 Blaisdell Ave, Unit 2 Bedroom Apartment2828 Blaisdell Ave2BR,1BA$1.35
3125 Aldrich2 Bedroom 2 Bath - 3125 Aldrich2BR,2BA$1.39
Corner 29 Apartments2 Bedroom2BR,1BA$1.47
4233 Nicollet Ave S1BR/1.0BA1BR,1BA$1.30
2641 Garfield Ave S2BR/1.0BA2BR,1BA$1.46
4900 Chicago1 bedroom1BR,1BA$1.41
3419 Nicollet Avenue3419 Nicollet Ave - 2 Bedroom2BR,1BA$1.43

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Quick 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.

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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 $887.

What is the price of a cheap apartment in Bancroft?

The cheapest apartment in Bancroft is 3137 Aldrich which is listed at $150, while the average apartment in Bancroft costs $8,094.

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 29 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 $118 which is $7,976 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.

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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

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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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