Cheap Apartments for Rent in the Corcoran Neighborhood of Minneapolis, MN from $500 (45 Rentals)

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

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Corcoran Park Apartments
Studio to 3 Bedroom Apartments

Corcoran Park Apartments

3320 Longfellow AveMinneapolis, MN 55407
  • Utilities Included
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3141 22nd Ave S
1 Bedroom Apartments

3141 22nd Ave S

3141 22nd Ave SMinneapolis, MN 55407
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The Moline
1 Bedroom Apartments

The Moline

3146 Minnehaha AveMinneapolis, MN 55406
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Minnehaha Apartments
2 Bedroom Apartments

Minnehaha Apartments

3132 E Minnehaha AveMinneapolis, MN 55406
  • Utilities Included
  • Smoke Free

Corcoran - 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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Showing Results 1-45, Page 1 of 1

Corcoran, Minneapolis, MN Local Guide

Cheapest Available Corcoran Apartments for Rent

 

The cheapest available apartment rental in the Corcoran area of Minneapolis, MN is a 4 Beds unit found at The Quad on Delaware priced from $655. Stevens Community Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Corcoran apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
The Quad on DelawareD1R - Renovated 4 Bedroom 4 Bath4BR,4BA$655
Stevens Community ApartmentsStudioStudio,1BA$700
The MiroStudioStudio,1BA$799
Best ApartmentsStudioStudio,1BA$835
29 Bryant ApartmentsTrekStudio,1BA$945
Cedars 94CentralStudio,1BA$959
Drexel ApartmentsOne Bedroom1BR,1BA$990
The MolineOne Bedroom1BR,1BA$999
Grove 94One Bedroom Classic1BR,1BA$1,000
Odie ApartmentsPomeranianStudio,1BA$1,011

Best Value Apartments for Rent in Corcoran, MN

As of July 13, 2025 the best value apartment in the Corcoran area is the $1.62 price per square foot 2 B.R.-2 Bath Model at Drexel Apartments in the in the Greater Central neighborhood starting from $1,540. The second greatest value Corcoran apartment is the 2BR/2.0BA Model at Dakar on Lake starting at $1,699 with a $2.03 price per square foot in the Powderhorn neighborhood. Here is today’s list of the best values for Corcoran apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Drexel Apartments2 B.R.-2 Bath2BR,2BA$1.62
Dakar on Lake2BR/2.0BA2BR,2BA$2.03
The Quad on DelawareB1R - Renovated 2 Bedroom 2 Bath2BR,2BA$1.12
Seven Corners2 Bedrooms2BR,1BA$1.38
B-Side2 Bed / 1 Bath2BR,1BA$1.91
Five15 on the Park1B11BR,1BA$1.92
Minneapolis Grand ApartmentsOne Bedroom, One Bath1BR,1BA$1.92
Grove 94One Bedroom Large Renovated1BR,1BA$1.97
Stevens Community Apartments1B/1Ba1BR,1BA$1.50
Best ApartmentsStudioStudio ,1BA$1.67

Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Corcoran, Minneapolis, MN

Ranked #60

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 Corcoran Neighborhood in Minneapolis, MN

Walk Score®

79 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

94 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

54 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Corcoran Apartments

What is a cheap apartment in Corcoran?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Corcoran is under $1,011.

What is the price of a cheap apartment in Corcoran?

The cheapest apartment in Corcoran is Stevens Community Apartments which is listed at $795, while the average apartment in Corcoran costs $3,620.

What types of apartments are the cheapest in Corcoran?

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 Corcoran 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 Corcoran?

Cheap apartments in Corcoran have an average cost of $1,026 which is $2,594 cheaper than the average rent for all rentals in Corcoran.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.