Cheap Homes for Rent in Bancroft Neighborhood of Minneapolis, MN from $700 (32 Rentals)
Search the lowest-cost Homes available for rent right now in the Bancroft area of Minneapolis.

3308 Girard Ave S

4230 S 39th Ave

2530 1st Ave S

2726 DuPont Ave S

4239 Minnehaha Ave

3400 Elliot 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.

2834 15th Ave S

1717 E Lake St

4615 34th Ave S

2616 Harriet Ave

3522 Harriet Ave

3340 Stevens Ave

2821 Portland Ave

3116 Oakland 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.

3829 Bloomington Ave

3105 4th Ave S

3322 Clinton Ave

2317 Harriet Avenue, Unit #2

3345 S 31st Ave

3925 Chicago 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.

2725 Dupont Ave S

3016 Pleasant Ave

308 E 39th St

2829 27th Ave S

2512 Dupont Ave S

5143 Chicago Ave

5212 Bloomington Ave

3345 Harriet 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 | $1,791 | $1,395 | $2,600 |
| Bancroft 3 Bedroom Homes for Rent | $2,297 | $1,599 | $3,200 |
| Bancroft 4 Bedroom Homes for Rent | $2,866 | $1,490 | $3,500 |
| Bancroft 5 Bedroom Homes for Rent | $6,931 | $2,750 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 32 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 Lakesbury Apartments | Leasing Studio, Alcove, & 1-Bedroom Apartments! priced from $755. 3033 Grand Avenue S. has the second lowest priced unit, which is a Studio apartment currently listed from $760. 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 |
| 3033 Grand Avenue S. | 3033 Grand Ave S - Studio | Studio,1BA | $760 |
| The Miro | Studio | Studio,1BA | $799 |
| 2731 Pillsbury | Studio 1 Bath - 2731 Pillsbury | Studio,1BA | $799 |
| Diamond Lake Properties | Model EA | Studio,1BA | $825 |
| 2426 Blaisdell | Studio | Studio,1BA | $849 |
| Colfax Manor | Studio A | Studio,1BA | $859 |
| Mansard Apartments | Studio | Studio,1BA | $865 |
| Pillsbury Apartments | Studio | Studio,1BA | $875 |
| 2324 Bryant Ave S | 0BR/1.0BA | Studio,1BA | $885 |
Best Value Apartments for Rent in Bancroft, MN
As of December 08, 2025 the best value apartment in the Bancroft area is the $1.20 price per square foot 2738 Emerson Ave S Model at 2738 Emerson Ave S, Unit 2738 Emerson avenue in the in the Calhoun Isles neighborhood starting from $1,795. 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. |
|---|---|---|---|
| 2738 Emerson Ave S, Unit 2738 Emerson avenue | 2738 Emerson Ave S | 2BR,1BA | $1.20 |
| 2524 Dupont Ave S, Unit 1 | 2524 Dupont Ave S | 2BR,1BA | $1.23 |
| Oaks Hiawatha Station | 2 Bedroom Den - B3 | 2BR,2BA | $1.36 |
| 2901 28th Ave S, Unit #2 | 2901 28th Ave S | 2BR,2BA | $1.38 |
| Rex Development | Rex4Plex | 1BR,1BA | $1.06 |
| Brackett's Place Apartments | 2 Bedroom | 2BR,1BA | $1.17 |
| 3105 16th Ave S, Unit Three | 3105 16th Ave S | 2BR,1BA | $1.26 |
| 2601/05 Fremont Ave S | 1BR/1.0BA | 1BR,1BA | $1.27 |
| 2315-2321 Dupont Ave S | 2 bedroom | 2BR,1BA | $1.39 |
| 2417 Garfield Ave Apartments | Origen Living | 1BR/1.0BA | 1BR,1BA | $1.23 |
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 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 #35
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 1134 Apartments for Rent in Bancroft, MN with pricing that ranges from $755 to $3,415. There are also 85 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bancroft ranging from $725 to $14,995.
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 $725 to $14,995 with an average monthly rent of $2,773.
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 $2,986, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,599 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,490 and Four Bedroom Apartments start at $1,795.
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.

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.

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



