
Cheap Homes for Rent in Bancroft Neighborhood of Minneapolis, MN from $600 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Bancroft area of Minneapolis.


2616 Harriet Ave, Unit 319

1818 E 41st St

2405 Hennepin Ave

2726 DuPont Ave S

3408 3rd Ave S
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.

3400 Elliot Ave

3227 29th Ave S

4615 34th Ave S

4125 17th Ave S

2701 Harriet Ave

2616 Harriet Ave

2832 S 31st Ave
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.

4216 Cheatham Ave

4239 Minnehaha Ave

3522 Harriet Ave

2834 15th Ave S

3340 Stevens Ave

3103 Dupont Ave S
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.

3116 Oakland Ave
Bancroft, Minneapolis, MN Local Guide

How much does it cost to rent a home in Bancroft?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bancroft 2 Bedroom Homes for Rent | $1,850 | $600 | $2,695 |
| Bancroft 3 Bedroom Homes for Rent | $2,272 | $1,545 | $4,000 |
| Bancroft 4 Bedroom Homes for Rent | $2,957 | $1,590 | $4,495 |
| Bancroft 5 Bedroom Homes for Rent | $6,800 | $2,450 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Bancroft Neighborhood of Minneapolis, MN.
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Bancroft, Minneapolis, MN Local Guide
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| AVID | Original Kenwood studio | Studio,1BA | $750 |
| Lakesbury Apartments | Studio | Studio,1BA | $755 |
| 2417 Garfield Ave Apartments | Origen Living | 0BR/1.0BA | Studio,1BA | $762 |
| Diamond Lake Properties | Model EA | Studio,1BA | $795 |
| The Miro | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2621 Columbus Ave, Unit 2 Columbus Ave | 2621 Columbus Ave | 2BR,1BA | $1.40 |
| East Phillips Commons | 3 Bedroom | 3BR,2BA | $1.38 |
| Rex Development | Rex4Plex | 1BR,1BA | $1.06 |
| NIC 44 | 2BR/1.0BA | 2BR,1BA | $1.40 |
| 3105 16th Ave S, Unit Unit Three | 3105 16th Ave S | 2BR,1BA | $1.26 |
| 2416 25th Ave S, Unit 2 | 2416 25th Ave S | 2BR,1BA | $1.37 |
| 3112 5th Ave S, Unit 2 | 3112 5th Ave S | 2BR,1BA | $1.40 |
| 2401 Dupont Ave S | 2BR/1.0BA | 2BR,1BA | $1.42 |
| 2315-2321 Dupont Ave S | 2 bedroom | 2BR,1BA | $1.39 |
| 3325 Nicollet Avenue | 3325 Nicollet Ave - 1 Bedroom | 1BR,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 ArticleDon'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 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 #39
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

