Cheap Apartments for Rent in the Columbia Park Neighborhood of Minneapolis, MN from $800 (63 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Columbia Park area of Minneapolis.

property at 3948 5th St NE

3948 5th St NE

MinneapolisMN55421

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Birchhill Apartments
Studio to 2 Bedroom Apartments

Birchhill Apartments

3600 Fremont Ave NMinneapolis, MN 55412
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2510 Jackson St NE
Studio to 1 Bedroom Apartments

2510 Jackson St NE

2510 Jackson St NEMinneapolis, MN 55418
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Anderson Plaza
1 to 2 Bedroom Apartments

Anderson Plaza

1800 Hayes St NEMinneapolis, MN 55418
  • Utilities Included
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Central Avenue Lofts
1 to 3 Bedroom Apartments

Central Avenue Lofts

920 NE 24th AveMinneapolis, MN 55418
  • Utilities Included
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Bell Lofts
1 to 3 Bedroom Apartments

Bell Lofts

816 N 21st AveMinneapolis, MN 55411
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Lowry Manor
1 Bedroom Apartments

Lowry Manor

817 Lowry Ave NEMinneapolis, MN 55418
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1220 Main St NE
1 Bedroom Apartments

1220 Main St NE

1220 Main St NEMinneapolis, MN 55413
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1118 Lowry Ave NE
1 Bedroom Apartments

1118 Lowry Ave NE

1118 Lowry Ave NEMinneapolis, MN 55418
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1615 26th Ave N
1 to 2 Bedroom Apartments

1615 26th Ave N

1615 26th Ave NMinneapolis, MN 55411
  • Utilities Included

Columbia Park - One of the Best Affordable Neighborhoods in Minneapolis

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

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N&E
Studio to 2 Bedroom Apartments

N&E

107 13th Ave NEMinneapolis, MN 55413
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River Run Apartments
1 to 3 Bedroom Apartments

River Run Apartments

1434 Marshall St NEMinneapolis, MN 55413
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915 23rd Ave NE
1 Bedroom Apartments

915 23rd Ave NE

915 23rd Ave NEMinneapolis, MN 55418
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Royal Apartments
2 Bedroom Apartments

Royal Apartments

1805-1825 Garfield St NEMinneapolis, MN 55418
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Bottineau Commons
1 to 3 Bedroom Apartments

Bottineau Commons

1800-1808 University Ave NEMinneapolis, MN 55418
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1621 Taylor St NE
1 to 2 Bedroom Apartments

1621 Taylor St NE

1621 Taylor St NEMinneapolis, MN 55413
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Washington Court
1 to 3 Bedroom Apartments

Washington Court

2101 Washington St NEMinneapolis, MN 55418
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921 20th Ave
2 Bedroom Apartments

921 20th Ave

921 20th Ave NEMinneapolis, MN 55418

Columbia Park, Minneapolis, MN Local Guide

Cheapest Available Columbia Park Apartments for Rent

 

The cheapest available apartment rental in the Columbia Park area of Minneapolis, MN is a 1 Bed unit found at Central Avenue Lofts priced from $894. 4060-4100 4th St NE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Columbia Park apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Central Avenue Lofts1 Bedroom1BR,1BA$894
4060-4100 4th St NEOne Bed1BR,1BA$900
Gateway Northeast0CStudio,1BA$1,050
The Yard 47 Apartments On Central4750 Central Ave - 1 Bed 1 Bath1BR,1BA$1,100
PeregrineOne Bedroom1BR,1BA$1,113
Senior 55+ - Hart Lake Apartments1 bedroom1BR,1BA$1,150
3447 Central Ave NE1 Beds, 1 Baths1BR,1BA$1,150
Timber & TieWashingtonStudio,1BA$1,265
Welcome to Equinox ApartmentsA1 R21BR,1BA$1,305
3725 StinsonUnit 1B Inner units1BR,1BA$1,320

Best Value Apartments for Rent in Columbia Park, MN

As of May 28, 2025 the best value apartment in the Columbia Park area is the $1.37 price per square foot 304 12th Ave NE Model at 304 12th Ave NE, Unit 2 in the in the Nicollet Island neighborhood starting from $2,450. The second greatest value Columbia Park apartment is the 4253 James Ave N Model at 4253 James Ave N, Unit 3 starting at $1,900 with a $1.25 price per square foot in the Shingle Creek neighborhood. Here is today’s list of the best values for Columbia Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
304 12th Ave NE, Unit 2304 12th Ave NE4BR,1BA$1.37
4253 James Ave N, Unit 34253 James Ave N3BR,1BA$1.25
Stonehouse Square2 bedroom/1 bathroom2BR,1BA$1.34
Gauvette Park Apartments2 BR 1 Bath2BR,1BA$1.44
2539 Quincy St NE, Unit 2539 Unit2539 Quincy St NE1BR,1BA$1.64
The Legends at Silver Lake Village 55+ ApartmentsOne Bedroom A1BR,1BA$1.75
Senior 55+ - Hart Lake Apartments1 bedroom1BR,1BA$1.47
The Yard 47 Apartments On Central4750 Central Ave - 1 Bed 1 Bath1BR,1BA$1.57
Central Avenue Lofts1 Bedroom1BR,1BA$1.31
4060-4100 4th St NEOne Bed1BR,1BA$1.64

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Columbia Park, Minneapolis, MN

Ranked #162

Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Columbia Park Neighborhood in Minneapolis, MN

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

72 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

40 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Columbia Park Apartments

What is a cheap apartment in Columbia Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Columbia Park is under $1,320.

What is the price of a cheap apartment in Columbia Park?

The cheapest apartment in Columbia Park is Central Avenue Lofts which is listed at $894, while the average apartment in Columbia Park costs $2,450.

What types of apartments are the cheapest in Columbia Park?

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 24 regular apartments in Columbia Park 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 Columbia Park?

Cheap apartments in Columbia Park have an average cost of $537 which is $1,913 cheaper than the average rent for all rentals in Columbia Park.

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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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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.