Cheap Homes for Rent in Bancroft Neighborhood of Minneapolis, MN from $600 (22 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 2545 Cedar Ave S

2545 Cedar Ave S

MinneapolisMN55404
property at 2616 Harriet Ave

2616 Harriet Ave, Unit 319

2616 Harriet Ave
MinneapolisMN55408
property at 2405 Hennepin Ave

2405 Hennepin Ave

MinneapolisMN55405
property at 2726 DuPont Ave S

2726 DuPont Ave S

MinneapolisMN55408
property at 3408 3rd Ave S

3408 3rd Ave S

MinneapolisMN55408

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.

property at 3400 Elliot Ave

3400 Elliot Ave

MinneapolisMN55407
property at 3227 29th Ave S

3227 29th Ave S

MinneapolisMN55406
property at 4615 34th Ave S

4615 34th Ave S

MinneapolisMN55406
property at 4125 17th Ave S

4125 17th Ave S

MinneapolisMN55407
property at 2701 Harriet Ave

2701 Harriet Ave

MinneapolisMN55408
property at 2616 Harriet Ave

2616 Harriet Ave

MinneapolisMN55408

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.

property at 4239 Minnehaha Ave

4239 Minnehaha Ave

MinneapolisMN55406
property at 3522 Harriet Ave

3522 Harriet Ave

MinneapolisMN55408
property at 2834 15th Ave S

2834 15th Ave S

MinneapolisMN55407
property at 3340 Stevens Ave

3340 Stevens Ave

MinneapolisMN55408
property at 3103 Dupont Ave S

3103 Dupont Ave S

MinneapolisMN55408

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.

property at 3116 Oakland Ave

3116 Oakland Ave

MinneapolisMN55407

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 AVID priced from $750. Lakesbury Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $755. Here are the most affordable Bancroft apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
AVIDOriginal Kenwood studioStudio,1BA$750
Lakesbury ApartmentsStudioStudio,1BA$755
2417 Garfield Ave Apartments | Origen Living0BR/1.0BAStudio,1BA$762
Diamond Lake PropertiesModel EAStudio,1BA$795
The MiroStudioStudio,1BA$799

Best Value Apartments for Rent in Bancroft, MN

As of October 24, 2025 the best value apartment in the Bancroft area is the $1.40 price per square foot 2621 Columbus Ave Model at 2621 Columbus Ave, Unit 2 Columbus Ave in the in the Powderhorn neighborhood starting from $1,600. The second greatest value Bancroft apartment is the 3 Bedroom Model at East Phillips Commons starting at $1,576 with a $1.38 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.
2621 Columbus Ave, Unit 2 Columbus Ave2621 Columbus Ave2BR,1BA$1.40
East Phillips Commons3 Bedroom3BR,2BA$1.38
Rex DevelopmentRex4Plex1BR,1BA$1.06
NIC 442BR/1.0BA2BR,1BA$1.40
3105 16th Ave S, Unit Unit Three3105 16th Ave S2BR,1BA$1.26
2416 25th Ave S, Unit 22416 25th Ave S2BR,1BA$1.37
3112 5th Ave S, Unit 23112 5th Ave S2BR,1BA$1.40
2401 Dupont Ave S2BR/1.0BA2BR,1BA$1.42
2315-2321 Dupont Ave S2 bedroom2BR,1BA$1.39
3325 Nicollet Avenue3325 Nicollet Ave - 1 Bedroom1BR,1BA$1.43

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Bancroft, Minneapolis, MN

Ranked #39

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Bancroft

What type of rentals are currently available in Bancroft?

There are currently 1144 Apartments for Rent in Bancroft, MN with pricing that ranges from $750 to $9,337. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bancroft ranging from $600 to $19,500.

What is the current price range for Rental Homes in Bancroft?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Bancroft ranges from $600 to $19,500 with an average monthly rent of $2,734.

How much are larger Three and Four Bedroom Rentals in Bancroft?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Bancroft range from $1,550 to $9,337, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,545 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,590 and Four Bedroom Apartments start at $2,200.

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.

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

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.