Cheap Homes for Rent in Bancroft Neighborhood of Minneapolis, MN from $600 (14 Rentals)

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property at 2608 2nd Ave S

2608 2nd Ave S

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.

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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.

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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 3415 Nicollet Avenue priced from $735. Colfax Manor has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here are the most affordable Bancroft apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio,1BA$735
Colfax ManorStudio AStudio,1BA$745
3419 Nicollet Avenue3419 Nicollet Ave - StudioStudio,1BA$760
3016 Grand Avenue S.3016 Grand Ave S - StudioStudio,1BA$765
The MiroStudioStudio,1BA$799

Best Value Apartments for Rent in Bancroft, MN

As of June 21, 2025 the best value apartment in the Bancroft area is the $1.25 price per square foot 4055 2nd Ave S Model at 4055 2nd Ave S, Unit 2nd floor in the in the Powderhorn neighborhood starting from $2,000. The second greatest value Bancroft apartment is the 2BR/1.0BA Model at 2610/18 Fremont Ave S starting at $1,299 with a $0.93 price per square foot in the Calhoun Isles 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.
4055 2nd Ave S, Unit 2nd floor4055 2nd Ave S2BR,1BA$1.25
2610/18 Fremont Ave S2BR/1.0BA2BR,1BA$0.93
807 West 25th Street2BR/1.0BA2BR,1BA$1.32
4610 Bryant Ave S2BR/1.0BA2BR,1BA$1.32
Midtown Exchange Apartments1 Bedroom1BR,1BA$1.13
3105 16th Ave S, Unit Three3105 16th Ave S2BR,1BA$1.26
3700 LyndaleOne Bedroom1BR,1BA$1.44
2416 Blaisdell ApartmentsThe Garland1BR,1BA$1.41
2633/35 Girard Ave S1BR/1.0BA1BR,1BA$1.43
3033 Grand Avenue S.3033 Grand Ave S - 1 Bedroom1BR,1BA$1.30

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Frequently Asked Questions about Bancroft

What type of rentals are currently available in Bancroft?

There are currently 1133 Apartments for Rent in Bancroft, MN with pricing that ranges from $755 to $7,326. There are also 68 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 $2,998.

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 $3,891, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,800.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.