Cheap 1 Bedroom Apartments for Rent in the Downtown East Neighborhood of Minneapolis, MN from $885 (152 Rentals)

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Remington Apartments
Rent Specials
$885 - $1,095
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$745 - $1,300

Total Monthly Price
$745 - $1,300
1 Bedroom Apartments Available Soon

Remington Apartments

708 5th St SEMinneapolis, MN 55414
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Bridgewater Crossings
$945 - $1,050
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$800 - $1,050

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Bridgewater Crossings

2101-2020 21st Ave SMinneapolis, MN 55404
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property at 220 E 19th St

$950 - $1,150

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom Rentals

Available Now

220 E 19th St

MinneapolisMN55403
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Cedars 94
Rent Specials
$1,044 - $1,403
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$969 - $1,821

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Cedars 94

2220 E Franklin AveMinneapolis, MN 55404
Corporate Housing
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property at 530 SE 5th St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

530 SE 5th St

MinneapolisMN55414

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.

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Mill City Quarter
Rent Specials
$1,199 - $1,445
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,199 - $1,727
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Mill City Quarter

300 S 2nd StMinneapolis, MN 55401
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Five15 on the Park
$1,200 - $1,686
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$965 - $1,862

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Five15 on the Park

515 15th Ave SMinneapolis, MN 55454
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  • Low Income
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FIT
Rent Specials
$1,203 - $1,428
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,595
Required Monthly Fees
$8

Total Monthly Price
$1,203 - $1,603
1 Bedroom Apartments Available Now

FIT

515 E Grant StMinneapolis, MN 55404
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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.

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Lago Apartments
Rent Specials
$1,299 - $1,354
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $2,155
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Lago Apartments

500 W Lake StMinneapolis, MN 55408
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East Village
Rent Specials
$1,300 - $1,450
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $2,100

Total Monthly Price
$1,300 - $2,100
1 Bedroom Apartments Available Now

East Village

1423 S 11th AveMinneapolis, MN 55404
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Stone Arch II
Rent Specials
$1,350 - $1,435
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350 - $1,435

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Stone Arch II

520 2nd St SEMinneapolis, MN 55414
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  • Low Income

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.

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Luna Apartments
Rent Specials
$1,395 - $1,853
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $2,095
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Luna Apartments

2520 8th St SMinneapolis, MN 55454
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Intersect
$1,397 - $2,545
Total Monthly Price

Total Monthly Price

Base Rent
$1,397 - $2,895

Total Monthly Price
$1,397 - $2,895
1 Bedroom Apartments Available Now

Intersect

310 N 2nd StMinneapolis, MN 55401
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Stone Arch I
Rent Specials
$1,399 - $1,500
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,388 - $1,758
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Stone Arch I

601-701 Main St SEMinneapolis, MN 55414
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  • Low Income
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Rose
$1,433
Plus Fees1 Month Lease Term
1 Bedroom Apartments Contact Us For Availability

Rose

1928 Portland AveMinneapolis, MN 55404
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Sora
Rent Specials
$1,460 - $2,433
Total Monthly Price

Total Monthly Price

Base Rent
$1,460 - $3,322

Total Monthly Price
$1,460 - $3,322
1 Bedroom Apartments Available Now

Sora

600 S 5th AveMinneapolis, MN 55415
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HQ Apartments
Rent Specials
$1,476 - $1,925
Total Monthly Price

Total Monthly Price

Base Rent
$1,396 - $4,436
Required Monthly Fees
$50

Total Monthly Price
$1,446 - $4,486
1 Bedroom Apartments Available Now

HQ Apartments

816 Portland Ave SMinneapolis, MN 55404
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Downtown East - 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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Hencen
Rent Specials
$1,572 - $2,336
Total Monthly Price

Total Monthly Price

Base Rent
$1,167 - $2,596
Required Monthly Fees
$180

Total Monthly Price
$1,347 - $2,776
1 Bedroom Apartments Available Now

Hencen

455 Central Ave SEMinneapolis, MN 55414
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Gatsby Apartments
Rent Specials
$1,590 - $2,255
Total Monthly Price

Total Monthly Price

Base Rent
$1,470 - $3,875
Required Monthly Fees
$8

Total Monthly Price
$1,478 - $3,883
1 Bedroom Apartments Available Now

Gatsby Apartments

1400 Park AveMinneapolis, MN 55404
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Velo
$1,647 - $2,136
Total Monthly Price

Total Monthly Price

Base Rent
$1,511 - $3,239
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Aug 29

Velo

115 N 2nd StMinneapolis, MN 55401
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270 Hennepin
$1,638 - $2,757
Total Monthly Price

Total Monthly Price

Base Rent
$1,332 - $7,811
Required Monthly Fees
$71

Total Monthly Price
$1,403 - $7,882
1 Bedroom Apartments Available Now

270 Hennepin

270 Hennepin AveMinneapolis, MN 55402
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240 Park Avenue
$1,640 - $2,985
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $7,995
Required Monthly Fees
$90

Total Monthly Price
$1,640 - $8,085
1 Bedroom Apartments Available Aug 25

240 Park Avenue

240 Park AveMinneapolis, MN 55415
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Downtown East, Minneapolis, MN Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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
Downtown East, Minneapolis, MN

Ranked #21

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown East Apartments

What is a cheap apartment in Downtown East?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown East is under $890.

What is the price of a cheap apartment in Downtown East?

The cheapest apartment in Downtown East is 814-8TH which is listed at $875, while the average apartment in Downtown East costs $1,853.

What types of apartments are the cheapest in Downtown East?

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 140 regular apartments in Downtown East 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 Downtown East?

Cheap apartments in Downtown East have an average cost of $1,255 which is $598 cheaper than the average rent for all rentals in Downtown East.

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

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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.

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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.

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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.

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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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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