Cheap Homes for Rent in Bancroft Neighborhood of Minneapolis, MN from $800 (12 Rentals)

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

property at 5430 S 34th Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

Studio, 1 Bath Condo for Rent

Available Now

5430 S 34th Ave

MinneapolisMN55417
property at 2446 Aldrich Ave S

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

Studio, 1 Bath Condo for Rent

Available Now

2446 Aldrich Ave S, Unit 306

2446 Aldrich Ave S
MinneapolisMN55405
property at 2616 Harriet 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 Condo for Rent

Available Aug 1

2616 Harriet Ave, Unit 215

2616 Harriet Ave
MinneapolisMN55408

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.

property at 2747 DuPont Ave S

$1,195

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Condo for Rent

Available Jun 15

2747 DuPont Ave S, Unit 201

2747 DuPont Ave S
MinneapolisMN55408
property at 2930 Blaisdell Ave

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

2930 Blaisdell Ave, Unit 214

2930 Blaisdell Ave
MinneapolisMN55408
property at 2718 Grand Ave S

$1,275 - $2,195

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,275 - $2,195

Total Monthly Price
$1,275 - $2,195

Studio To 2 Bedroom Townhomes for Rent

Available Now

2718 Grand Ave S

MinneapolisMN55408
property at 2707 Garfield Ave

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Townhome for Rent

Available Now

2707 Garfield Ave

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.

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 The Miro priced from $799. 3415 Nicollet Avenue has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Bancroft apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
The MiroStudioStudio,1BA$799
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio,1BA$800
3325 Nicollet Avenue3325 Nicollet Ave - StudioStudio,1BA$800
2417 Garfield Ave Apartments | Origen Living0BR/1.0BAStudio,1BA$817
3033 Grand Avenue S.3033 Grand Ave S - StudioStudio,1BA$828

Best Value Apartments for Rent in Bancroft, MN

As of June 08, 2026 the best value apartment in the Bancroft area is the $1.39 price per square foot 3308 Stevens Ave Model at 3308 Stevens Ave, Unit 2 in the in the Powderhorn neighborhood starting from $3,200. The second greatest value Bancroft apartment is the 3400 Fremont Ave S Model at 3400 Fremont Ave S, Unit lower starting at $1,850 with a $1.32 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.
3308 Stevens Ave, Unit 23308 Stevens Ave5BR,1BA$1.39
3400 Fremont Ave S, Unit lower3400 Fremont Ave S2BR,1BA$1.32
3100 Elliot Ave, Unit 23100 Elliot Ave2BR,1BA$1.40
Emerson Manor Flats3BR/1.0BA3BR,1BA$1.38
Midtown Exchange Apartments1 Bedroom1BR,1BA$1.11
2421 Pillsbury Ave S2-Bed C2BR,1BA$1.34
Corner 29 Apartments2 Bedroom2BR,1BA$1.44
DJ Smith Realty Emerson Ave S1BR/1.0BA1BR,1BA$1.38
Hiawatha Haven1 Bedroom1BR,1BA$1.44
Minnehaha Apartments | 3628One Bedroom A1BR,1BA$1.44

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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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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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 #40

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Bancroft

What type of rentals are currently available in Bancroft?

There are currently 1147 Apartments for Rent in Bancroft, MN with pricing that ranges from $799 to $9,700. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bancroft ranging from $850 to $3,400.

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 $850 to $3,400 with an average monthly rent of $2,013.

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 $1,600 to $7,091, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $2,250.

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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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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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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