
Cheap Apartments for Rent in the Bancroft Neighborhood of Minneapolis, MN from $400 (190 Rentals)
Search the lowest-cost Apartments available for rent right now in the Bancroft area of Minneapolis.


Garfield Ave Apartments | 2323

Diamond Lake Properties

2426 Blaisdell

Bryant Manor Apartments

2400 Harriet Ave Apartments | Origen Living

Pillsbury Apartments

Total Monthly Price
3514 14th Ave S, Unit 208

Greenway Apartments

Colfax Villas I
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.

Garfield Apartments

Total Monthly Price
Ellis and Louise Apartments

Updated Boutique 28 Unit Building on Emerson

Mansard Apartments

2417 Garfield Ave Apartments | Origen Living

Longfellow Place

29 Bryant Apartments

Overland Apartments

The Miro

2600 Bryant Ave S
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.

Colfax Terrace

Kings Highway Apartments

CityLine

Total Monthly Price
4528 Bryant Ave S, Unit 5

2525 3rd Ave S

3729 Snelling Ave

3523 Grand Ave S

Lake Street Dwelling

AVID Uptown

Uptown Square
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.

4900 Chicago

2715 dupont ave S.

Isles West

3508 Colfax Ave S

The Central

Total Monthly Price
Oaks Hiawatha Station

Park Place Apartments

2637 Pleasant Ave

Minneapolis Grand Apartments

Colfax Manor
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.

Uptown Lake Apartments

3212 Fremont Ave S

3515 2nd Ave S

3200 Minnehaha Ave

Pillsbury Flats

1019 W 31st St

Nox Apartments

3705 Chicago Ave

East Phillips Commons

15th Avenue 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.
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 | $1,139 | $800 | $1,561 |
| Bancroft 1 Bedroom Apartments | $1,436 | $867 | $3,055 |
| Bancroft 2 Bedroom Apartments | $1,971 | $927 | $3,415 |
| Bancroft 3 Bedroom Apartments | $2,535 | $1,500 | $6,760 |
| Bancroft 4 Bedroom Apartments | $2,728 | $2,220 | $3,200 |
Browse Apartments in this Neighborhood
There are currently 190 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
- Nearby Cities
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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 Lakesbury Apartments | Leasing Studio, Alcove, & 1-Bedroom Apartments! priced from $755. 2741 Pillsbury 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakesbury Apartments | Leasing Studio, Alcove, & 1-Bedroom Apartments! | Studio | Studio,1BA | $755 |
| 2741 Pillsbury | Studio 1 Bath - 2741 Pillsbury | Studio,1BA | $799 |
| 3415 Nicollet Avenue | 3415 Nicollet Ave - Studio | Studio,1BA | $800 |
| Garfield Ave Apartments | 2323 | Studio | Studio,1BA | $811 |
| 2426 Blaisdell | Studio | Studio,1BA | $849 |
| Bryant Manor Apartments | Studio | Studio,1BA | $857 |
| Pillsbury Apartments | Studio | Studio,1BA | $875 |
| 3129 Aldrich | Studio 1 Bath - 3129 Aldrich | Studio,1BA | $875 |
| 3137 Aldrich | Studio 1 Bath - 3137 Aldrich | Studio,1BA | $875 |
| 2324 Bryant Ave S | 0BR/1.0BA | Studio,1BA | $885 |
Best Value Apartments for Rent in Bancroft, MN
As of March 12, 2026 the best value apartment in the Bancroft area is the $1.41 price per square foot 2BR/2.0BA Model at Sanctuary Lofts in the in the Northrup neighborhood starting from $2,199. The second greatest value Bancroft apartment is the 3741 Harriet Ave Model at 3741 Harriet Ave, Unit 3 starting at $1,795 with a $1.28 price per square foot in the Tangletown 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. |
|---|---|---|---|
| Sanctuary Lofts | 2BR/2.0BA | 2BR,2BA | $1.41 |
| 3741 Harriet Ave, Unit 3 | 3741 Harriet Ave | 1BR,1BA | $1.28 |
| Midtown Exchange Apartments | 1 Bedroom plus Den | 1BR,1BA | $1.01 |
| Rex Development | Rex4Plex | 1BR,1BA | $1.06 |
| 3105 16th Ave S, Unit Unit Three | 3105 16th Ave S | 2BR,1BA | $1.26 |
| DJ Smith Realty Emerson Ave S | 2BR/1.0BA | 2BR,1BA | $1.39 |
| 4233 Nicollet Ave S | 1BR/1.0BA | 1BR,1BA | $1.30 |
| 3428 Harriet Apartments | Renovated 1 Bedroom | 1BR,1BA | $1.39 |
| 4900 Chicago | 1 bedroom | 1BR,1BA | $1.41 |
| 2545 Garfield | 1 Bedroom 1 Bath - 2545 Garfield | 1BR,1BA | $1.29 |
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.
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 ArticleCash 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.
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 #36
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 Lakesbury Apartments | Leasing Studio, Alcove, & 1-Bedroom Apartments! listed at $755.
How much is rent for a Cheap One Bedroom Bancroft Apartment?
The lowest price for a Cheap One Bedroom Bancroft Apartment is $890 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
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

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.

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.

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.

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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.