
Cheap Homes for Rent in Bancroft Neighborhood of Minneapolis, MN from $800 (28 Rentals)
Search the lowest-cost Homes available for rent right now in the Bancroft area of Minneapolis.


5430 S 34th Ave

2616 Harriet Ave, Unit 319

2725 Bloomington Ave

3212 Fremont Ave S

3308 Girard Ave S

4451 Bloomington Ave
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.

4230 S 39th Ave

2530 1st Ave S

3400 Elliot Ave

4239 Minnehaha Ave

2616 Harriet Ave

2726 DuPont Ave S

3408 3rd Ave S
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.

4344 Columbus Ave

3212 Fremont Ave S

3340 Stevens Ave

1717 E Lake St

2500 Blaisdell Ave, Unit 208

3522 Harriet Ave

3829 Bloomington Ave
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

3105 4th Ave S

3322 Clinton Ave

3016 Pleasant Ave

2317 Harriet Avenue, Unit #2

3548 Portland Ave S

3515 2nd Ave S

3925 Chicago Ave
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
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 | $1,771 | $1,295 | $2,495 |
| Bancroft 3 Bedroom Homes for Rent | $2,314 | $1,680 | $3,500 |
| Bancroft 4 Bedroom Homes for Rent | $2,710 | $1,490 | $3,500 |
| Bancroft 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Bancroft Neighborhood of Minneapolis, MN.
Explore Minneapolis
Cheapest Available Bancroft Apartments for Rent
 The cheapest available apartment rental in the Bancroft area of Minneapolis, MN is a Studio unit found at Lakesbury Apartments | Leasing Studio, Alcove, & 1-Bedroom Apartments! priced from $755. 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 |
|---|---|---|---|
| Lakesbury Apartments | Leasing Studio, Alcove, & 1-Bedroom Apartments! | Studio | Studio,1BA | $755 |
| The Miro | Studio | Studio,1BA | $799 |
| 2741 Pillsbury | 1 Bedroom 1 Bath - 2741 Pillsbury | 1BR,1BA | $799 |
| Diamond Lake Properties | Model EA | Studio,1BA | $825 |
| Bryant Avenue Apartments | 3013 | Studio | Studio,1BA | $840 |
| 2426 Blaisdell | Studio | Studio,1BA | $849 |
| Pillsbury Apartments | Studio | Studio,1BA | $875 |
| 3129 Aldrich | Studio 1 Bath - 3129 Aldrich | Studio,1BA | $875 |
| 3137 Aldrich | Studio 1 Bath - 3137 Aldrich | Studio,1BA | $875 |
| 2400 Harriet Ave Apartments | Origen Living | 2216 Harriet Ave - Classic 1-bedroom | 1BR,1BA | $882 |
Best Value Apartments for Rent in Bancroft, MN
As of January 22, 2026 the best value apartment in the Bancroft area is the $0.93 price per square foot 3233 Chicago Ave Model at 3233 Chicago Ave, Unit 2 in the in the Powderhorn neighborhood starting from $1,400. The second greatest value Bancroft apartment is the 2524 Dupont Ave S Model at 2524 Dupont Ave S, Unit 1 starting at $1,850 with a $1.23 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3233 Chicago Ave, Unit 2 | 3233 Chicago Ave | 2BR,1BA | $0.93 |
| 2524 Dupont Ave S, Unit 1 | 2524 Dupont Ave S | 2BR,1BA | $1.23 |
| 3444 Colfax Ave S, Unit 1 | 3444 Colfax Ave S | 2BR,1BA | $1.40 |
| Midtown Exchange Apartments | 1 Bedroom plus Den | 1BR,1BA | $0.95 |
| Rex Development | Rex4Plex | 1BR,1BA | $1.06 |
| 2828 Blaisdell Ave, Unit 2 Bedroom Apartment | 2828 Blaisdell Ave | 2BR,1BA | $1.35 |
| 3105 16th Ave S, Unit Three | 3105 16th Ave S | 2BR,1BA | $1.26 |
| DJ Smith Realty Emerson Ave S | 2BR/1.0BA | 2BR,1BA | $1.39 |
| 3428 Harriet Apartments | Renovated 1 Bedroom | 1BR,1BA | $1.39 |
| 2741 Pillsbury | 1 Bedroom 1 Bath - 2741 Pillsbury | 1BR,1BA | $1.33 |
Frequently Asked Questions about Bancroft
What type of rentals are currently available in Bancroft?
There are currently 1129 Apartments for Rent in Bancroft, MN with pricing that ranges from $755 to $3,443. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bancroft ranging from $850 to $3,500.
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 $850 to $3,500 with an average monthly rent of $2,033.
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 $1,500 to $3,091, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,680 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,490 and Four Bedroom Apartments start at $2,220.
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

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.

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.

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.

Authentic Minneapolis: An Insiders 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.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.