
Cheap Homes for Rent in the Bancroft Neighborhood of Minneapolis, MN from $1,075 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Bancroft area of Minneapolis.


2529 Pleasant Ave, Unit 2

2529 Pleasant Ave, Unit 2

2529 Pleasant Ave, Unit 2

3434 Bloomington Ave

3308 Girard Ave S, Unit 304

3636 Grand Ave S
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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5430 S 34th Ave

2726 Bloomington Ave, Unit 100

2716 Grand Ave S

3237 Grand Ave S

2925 2nd Ave S, Unit 4

3606 E 34th St, Unit 1

2925 2nd Ave S
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3016 Pleasant Ave

2925 2nd Ave S, Unit 3

2625 2nd Ave S

2612 29th Ave S

1405 E 40th St, Unit APT 6F

3412 Chicago Ave, Unit 1

3348 3rd Ave S
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3348 3rd Ave S

2616 S 39th 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 | $1,821 | $1,450 | $2,500 |
| Bancroft 3 Bedroom Homes for Rent | $2,176 | $1,695 | $3,333 |
| Bancroft 4 Bedroom Homes for Rent | $2,596 | $1,750 | $4,620 |
| Bancroft 5 Bedroom Homes for Rent | $3,655 | $2,325 | $6,975 |
| Bancroft 6 Bedroom Homes for Rent | $3,495 | $3,495 | $3,495 |
Browse Homes for Rent in this Neighborhood
There are currently 23 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 2637 Lyndale Ave S priced from $700. The Miro 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 |
|---|---|---|---|
| 2637 Lyndale Ave S | Studio | Studio,1BA | $700 |
| The Miro | Studio | Studio,1BA | $799 |
| 3419 Nicollet Avenue | 3419 Nicollet Ave - Studio | Studio,1BA | $800 |
| 3415 Nicollet Avenue | 3415 Nicollet Ave - Studio | Studio,1BA | $800 |
| 2709 Park Ave S | 0BR/1.0BA | Studio,1BA | $825 |
Best Value Apartments for Rent in Bancroft, MN
As of September 06, 2026 the best value apartment in the Bancroft area is the $0.98 price per square foot 3BR/2.0BA Model at Pillsbury in the in the Whittier neighborhood starting from $1,950. The second greatest value Bancroft apartment is the 2 BD 1 BA Model at 1305 W 34th St starting at $1,825 with a $1.35 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pillsbury | 3BR/2.0BA | 3BR,2BA | $0.98 |
| 1305 W 34th St | 2 BD 1 BA | 2BR,1BA | $1.35 |
| Midtown Exchange Apartments | 2 Bedroom plus Den - Market | 2BR,1BA | $1.16 |
| 3336 4th Ave S | 3 Beds, 1 Baths | 3BR,1BA | $1.45 |
| 3709 Pleasant Ave, Unit #1 | 3709 Pleasant Ave | 1BR,1BA | $1.20 |
| 4200 1st Avenue South | 2BR/1.0BA | 2BR,1BA | $1.33 |
| DJ Smith Realty Emerson Ave S | 2BR/1.0BA | 2BR,1BA | $1.32 |
| 3452 Emerson Ave S. | 1 | 1BR,1BA | $1.39 |
| 2435 Pillsbury Ave. S. | 1-Bedroom | 1BR,1BA | $1.30 |
| Girard | 1BR/1.0BA | 1BR,1BA | $1.38 |
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 ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
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Read ArticleNavigating the Rental Market: Tips for First-Time Renters
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Read ArticleReal 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.
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 #32
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 1160 Apartments for Rent in Bancroft, MN with pricing that ranges from $600 to $8,037. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bancroft ranging from $1,075 to $6,975.
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 $1,075 to $6,975 with an average monthly rent of $2,035.
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 $1,250 to $7,129, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,333. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $2,195.
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

Authentic Minneapolis: An Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.