
Cheap Apartments for Rent in the Cedar-Riverside Neighborhood of Minneapolis, MN from $639 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cedar-Riverside area of Minneapolis.


Total Monthly Price
Five15 on the Park

Total Monthly Price
Studios at 7 Corners

Riverside Homes

Karinsplass Apartments

Total Monthly Price
Minnehaha 94
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.

1920 S 1st St, Unit 1907

Total Monthly Price
7west

Forte on the Park

Total Monthly Price
Luna Apartments

Seven Corners

Encore
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

215 10th Ave S

1120 S 2nd St

Riverside Plaza

Tairrie House

Ox-Op Apartments

1804 16th Ave S
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.

215 10th Ave S

629 SE Oak St
Cedar-Riverside, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Cedar-Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cedar-Riverside Studio Apartments | $1,271 | $900 | $1,932 |
| Cedar-Riverside 1 Bedroom Apartments | $1,734 | $1,150 | $3,478 |
| Cedar-Riverside 2 Bedroom Apartments | $2,491 | $639 | $8,928 |
| Cedar-Riverside 3 Bedroom Apartments | $3,192 | $1,119 | $9,203 |
| Cedar-Riverside 4 Bedroom Apartments | $929 | $854 | $1,004 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Cedar-Riverside Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Cheapest Available Cedar-Riverside Apartments for Rent
 The cheapest available apartment rental in the Cedar-Riverside area of Minneapolis, MN is a Studio unit found at Blue Goose Cooperative priced from $900. Five15 on the Park has the second lowest priced unit, which is a Studio apartment currently listed from $965. Here are the most affordable Cedar-Riverside apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Blue Goose Cooperative | The Painted Bunting | Studio,1BA | $900 |
| Five15 on the Park | A2 | Studio,1BA | $965 |
| Riverside Homes | Red Cedar | 1BR,1BA | $1,170 |
| Karinsplass Apartments | 1 Bedroom with Den - Market | 1BR,1BA | $1,300 |
| Hub Minneapolis | MICRO | Studio,1BA | $1,319 |
Best Value Apartments for Rent in Cedar-Riverside, MN
As of September 07, 2026 the best value apartment in the Cedar-Riverside area is the $1.42 price per square foot The Metropolitan Model at Minnehaha 94 in the in the Cedar-Riverside neighborhood starting from $1,582. The second greatest value Cedar-Riverside apartment is the Penthouse AP3 Model at Forte on the Park starting at $3,478 with a $3.33 price per square foot in the Greater Central neighborhood. Here is today’s list of the best values for Cedar-Riverside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Minnehaha 94 | The Metropolitan | 2BR,2BA | $1.42 |
| Forte on the Park | Penthouse AP3 | 1BR,1BA | $3.33 |
| Luna Apartments | Orion | 2BR,2BA | $2.02 |
| Riverside Homes | The Basswood | 1BR,1BA | $1.53 |
| Karinsplass Apartments | 1 Bedroom with Den - Market | 1BR,1BA | $1.64 |
| 7west | 1 Bedroom DQ | 1BR,1BA | $2.70 |
| Yugo Minneapolis Edge | 1 Bed, 1 Bath Classic | 1BR,1BA | $2.22 |
| Ox-Op Apartments | U | 1BR,1BA | $3.21 |
| Five15 on the Park | A2 | Studio ,1BA | $2.27 |
| Blue Goose Cooperative | The Painted Bunting | Studio ,1BA | $2.98 |
Frequently Asked Questions about Cheap Cedar-Riverside Apartments
What is a cheap apartment in Cedar-Riverside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cedar-Riverside is under $1,943.
What is the price of a cheap apartment in Cedar-Riverside?
The cheapest apartment in Cedar-Riverside is Blue Goose Cooperative which is listed at $1,125, while the average apartment in Cedar-Riverside costs $1,710.
What types of apartments are the cheapest in Cedar-Riverside?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 68 regular apartments in Cedar-Riverside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Cedar-Riverside?
Cheap apartments in Cedar-Riverside have an average cost of $781 which is $929 cheaper than the average rent for all rentals in Cedar-Riverside.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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.