Cheap 1 Bedroom Apartments for Rent in the Diamond Lake Neighborhood of Minneapolis, MN from $895 (17 Rentals)

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4844 Chicago
1 Bedroom Apartments

4844 Chicago

4844 Chicago AveMinneapolis, MN 55417
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4422 Nicollet Ave
1 Bedroom Apartments

4422 Nicollet Ave

4422 Nicollet AveMinneapolis, MN 55419
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Casablanca
1 Bedroom Apartments

Casablanca

4711 Nicollet Ave SMinneapolis, MN 55419
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4840 Chicago
1 Bedroom Apartments

4840 Chicago

4840 Chicago AveMinneapolis, MN 55417
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1001/15 East 66th St.
1 Bedroom Apartments

1001/15 East 66th St.

1001-1015 E 66th StRichfield, MN 55423
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Pleasant Ave Apartments
1 Bedroom Apartments

Pleasant Ave Apartments

6401-6421 Pleasant AveRichfield, MN 55423
Senior Living
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Hub Apartments
1 Bedroom Apartments

Hub Apartments

200-212 W 65th StRichfield, MN 55423
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Eastfield
1 Bedroom Apartments

Eastfield

7137 Chicago Ave SRichfield, MN 55423

Diamond Lake, Minneapolis, MN Local Guide

Quick 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.

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Pet Friendly Lifestyle
Diamond Lake, Minneapolis, MN

Ranked #129

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Diamond Lake Neighborhood in Minneapolis, MN

Walk Score®

53 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

45 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Diamond Lake Apartments

What is a cheap apartment in Diamond Lake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Diamond Lake is under $1,145.

What is the price of a cheap apartment in Diamond Lake?

The cheapest apartment in Diamond Lake is Lyndale Garden which is listed at $995, while the average apartment in Diamond Lake costs $2,197.

What types of apartments are the cheapest in Diamond Lake?

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 5 regular apartments in Diamond Lake 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 Diamond Lake?

Cheap apartments in Diamond Lake have an average cost of $102 which is $2,095 cheaper than the average rent for all rentals in Diamond Lake.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.