
Cheap 1 Bedroom Apartments for Rent in the Diamond Lake Neighborhood of Minneapolis, MN from $895 (30 Rentals)


Creek Terrace Apartments

Wexford Commons Apartments

5544/5301 Chicago Ave S

Diamond Pointe Apartments
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.

99 E 54th St

City Limits Apartments

Oaks Station Place
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.

Lyndale Garden

Lyndale Plaza Apartments

Riley Apartments
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.
Diamond Lake, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Diamond Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Diamond Lake Studio Apartments | $1,435 | $875 | $2,008 |
Diamond Lake 1 Bedroom Apartments | $1,379 | $895 | $2,165 |
Diamond Lake 2 Bedroom Apartments | $1,860 | $1,220 | $3,295 |
Diamond Lake 3 Bedroom Apartments | $2,133 | $1,800 | $3,195 |
Diamond Lake 4 Bedroom Apartments | $2,500 | $2,500 | $2,500 |
Explore Minneapolis
Diamond Lake, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
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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.
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
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 Diamond Lake Apartments
What is the Cheapest Studio apartment in Diamond Lake?
Currently the most affordable Cheap Studio Apartment in Diamond Lake is at Lyndale Garden listed at $1,025.
How much is rent for a Cheap One Bedroom Diamond Lake Apartment?
The lowest price for a Cheap One Bedroom Diamond Lake Apartment is $1,025 at Lyndale Garden.
What is the lowest price for a Cheap Two Bedroom Diamond Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Diamond Lake is starting from $1,025 at Lyndale Garden.
What is the most affordable Diamond Lake Three Bedroom Apartment?
The best deal on a cheap Diamond Lake Three Bedroom Apartment rental is at Lyndale Garden and starts from $1,025.
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.

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.

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.

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.