1316 7th St SE
MinneapolisMN55414
Cheap Apartments for Rent in the Downtown East Neighborhood of Minneapolis, MN from $400 (200 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown East area of Minneapolis.
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$725 - $1,695
Plus Fees1 Month Lease Term
Studio to 3 Bedroom Apartments Available NowRose
1928 Portland AveMinneapolis, MN 55404
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Rent Specials
$745 - $1,300
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available SoonTotal Monthly Price
Base Rent
$745 - $1,300
Total Monthly Price
$745 - $1,300
Remington Apartments
708 5th St SEMinneapolis, MN 55414
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$750 - $925
Plus Fees6 Month Lease Term
Studio Apartments Available NowLilium Apartments and Centennial Place
706 9th St SMinneapolis, MN 55404
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$760
Plus Fees
Studio Apartments Available NowSeven Corners
1400 S 2nd StMinneapolis, MN 55454
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$800 - $1,056
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowThe Roselle
910 Portland Ave SMinneapolis, MN 55404
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$825 - $1,280
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilitySt. Anthony Village
320 7th St SEMinneapolis, MN 55414
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$835 - $1,040
Plus Fees1 Month Lease Term
Studio to 1 Bedroom Apartments Available NowBest Apartments
2006-2008 Park AveMinneapolis, MN 55404
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$850 - $1,875
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowBlue Goose Cooperative
1819 5th St SMinneapolis, MN 55454
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$850 - $2,250
Total Monthly Price
1 to 4 Bedroom Apartments Available Sep 1Total Monthly Price
Base Rent
$850 - $2,250
Total Monthly Price
$850 - $2,250
315 11th Ave SE
315 11th Ave SEMinneapolis, MN 55414
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$850 - $1,050
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowBridgewater Crossings
2101-2020 21st Ave SMinneapolis, MN 55404
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$899
Plus Fees
Studio Apartments Available NowSt. George Apartments
137 E 17th StMinneapolis, MN 55403
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$945
Total Monthly Price12 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
Base Rent
$895
Required Monthly Fees
$50
Total Monthly Price
$945
The Villa Apartments
1111 S 7th StMinneapolis, MN 55415
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$949
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Sep 1Total Monthly Price
Base Rent
$949
Total Monthly Price
$949
The Jameson Apartments
606 E 15th StMinneapolis, MN 55404
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$950
Plus Fees12 Month Lease Term
Studio Apartments Available Jul 1409 University Ave SE
409 University Ave SEMinneapolis, MN 55414
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$950 - $1,445
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$900 - $1,395
Required Monthly Fees
$50
Total Monthly Price
$950 - $1,445
Studios at 7 Corners
1414 S 3rd StMinneapolis, MN 55454
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$965 - $1,862
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$965 - $1,862
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Varies
Five15 on the Park
515 15th Ave SMinneapolis, MN 55454
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$969 - $1,821
Total Monthly Price1 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$969 - $1,821
Total Monthly Price
Varies
Cedars 94
2220 E Franklin AveMinneapolis, MN 55404
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Rent Specials
$1,020 - $1,475
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowSt Anthony Mills Apartments
720 Washington Ave SMinneapolis, MN 55415
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$1,056 - $1,187
Plus Fees
Studio to 1 Bedroom Apartments Available NowThe Elms
1400-1420 Portland AveMinneapolis, MN 55404
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$1,095 - $1,550
Plus Fees1 Month Lease Term
Studio Apartments Available Jul 15Aberdeen Apartments
500 E 14th StMinneapolis, MN 55404
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$1,099
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Aug 1Total Monthly Price
Base Rent
$1,099
Total Monthly Price
$1,099
Sela Campus University Apartments
701 University Ave SEMinneapolis, MN 55414
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Rent Specials
$1,123 - $4,389
Plus Fees
Studio to 3 Bedroom Apartments Available NowRafter
333 E Hennepin AveMinneapolis, MN 55414
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Rent Specials
$1,123 - $1,350
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,123 - $1,350
Total Monthly Price
Varies
Stone Arch II
520 2nd St SEMinneapolis, MN 55414
220 E 19th St
MinneapolisMN55403
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$1,150 - $2,600
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRiverside Homes
617 19th AveMinneapolis, MN 55454
17 S 1st St
MinneapolisMN55401
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Rent Specials
$1,156 - $8,844
Plus Fees
Studio to 2 Bedroom Apartments Available NowArtistry on 10th
95 S 10th StMinneapolis, MN 55403
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Rent Specials
$1,168 - $1,316
Plus Fees
Studio to 1 Bedroom Apartments Available NowRivergate Apartments
115 2nd Ave SMinneapolis, MN 55401
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Rent Specials
$1,175 - $2,585
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available Sep 1Total Monthly Price
Base Rent
$1,175 - $2,585
Total Monthly Price
$1,175 - $2,585
Fourth Street Co-op Apartments
1227 4th St SEMinneapolis, MN 55414
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
431 S 7th St
MinneapolisMN55415
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$1,195 - $2,400
Total Monthly Price12 Month Lease Term
1 to 4 Bedroom Apartments Available Sep 1Total Monthly Price
Base Rent
$1,195 - $2,400
Total Monthly Price
$1,195 - $2,400
The Denn of Dinkytown
815 13th Ave SEMinneapolis, MN 55414
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$1,200
Plus Fees
2 Bedroom Apartments Available Sep 1317 6th Ave SE
317 6th Ave SEMinneapolis, MN 55414
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Rent Specials
$1,203 - $1,858
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,850
Required Monthly Fees
$8
Total Monthly Price
$1,203 - $1,858
FIT
515 E Grant StMinneapolis, MN 55404
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Rent Specials
$1,203 - $2,159
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $2,155
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Total Monthly Price
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Lago Apartments
500 W Lake StMinneapolis, MN 55408
15 S 1st St
MinneapolisMN55401
431 S 7th St, Unit Apt 2610
431 S 7th St
MinneapolisMN55415
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Rent Specials
$1,261 - $2,311
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,245 - $2,295
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Total Monthly Price
Varies
Luna Apartments
2520 8th St SMinneapolis, MN 55454
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$1,295 - $1,480
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Aug 1The Endurance
725 8th St SEMinneapolis, MN 55414
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Rent Specials
$1,300 - $2,100
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowEast Village
1423 S 11th AveMinneapolis, MN 55404
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.
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Rent Specials
$1,300 - $2,985
Plus Fees
Studio to 2 Bedroom Apartments Available NowEast End
240 Chicago AveMinneapolis, MN 55415
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$1,300
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$1,300
Total Monthly Price
$1,300
505 8th Ave SE, Unit #1
505 8th Ave SEMinneapolis, MN 55414
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$1,300 - $1,650
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityKarinsplass Apartments
2015 Riverside AveMinneapolis, MN 55454
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$1,300 - $2,000
Plus Fees
Studio to 2 Bedroom Apartments Contact Us For AvailabilityThe Metro Apartments
90 S 9th StMinneapolis, MN 55402
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$1,300 - $1,500
Plus Fees1 Month Lease Term
1 to 2 Bedroom Apartments Available NowRunnstone Senior Living
1509 10th Ave SMinneapolis, MN 55404
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$1,328
Plus Fees
1 Bedroom Apartments Available Sep 8Ladder 260
260 Portland AveMinneapolis, MN 55415
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Rent Specials
$1,329 - $4,049
Plus Fees
Studio to 3 Bedroom Apartments Available NowSoo Line
101 S 5th StMinneapolis, MN 55402
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Rent Specials
$1,332 - $2,651
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,152 - $2,471
Required Monthly Fees
$180
Total Monthly Price
$1,332 - $2,651
Hencen
455 Central Ave SEMinneapolis, MN 55414
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Rent Specials
$1,358 - $3,143
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,350 - $3,135
Required Monthly Fees
Varies
Total Monthly Price
Varies
Gatsby Apartments
1400 Park AveMinneapolis, MN 55404
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$1,359 - $1,582
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowMinnehaha 94
1901 Minnehaha AveMinneapolis, MN 55404
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
How much does it cost to rent an apartment in Downtown East?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown East Studio Apartments | $1,389 | $725 | $2,529 |
| Downtown East 1 Bedroom Apartments | $1,828 | $850 | $5,989 |
| Downtown East 2 Bedroom Apartments | $2,483 | $444 | $9,268 |
| Downtown East 3 Bedroom Apartments | $2,911 | $809 | $10,000+ |
| Downtown East 4 Bedroom Apartments | $2,126 | $775 | $3,500 |
| Downtown East 5 Bedroom Apartments | $2,895 | $2,500 | $3,375 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 200 rentals with your search options within a 1 mile radius of the Downtown East Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Downtown East, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
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Cheapest Available Downtown East Apartments for Rent
The cheapest available apartment rental in the Downtown East area of Minneapolis, MN is a 2 Beds unit found at Holmes Park Village priced from $723. Remington Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here are the most affordable Downtown East apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| Remington Apartments | Studio September Move In | Studio,1BA | $745 |
| Lilium Apartments and Centennial Place | 900 Centennial Place Studio | Studio,1BA | $750 |
| Seven Corners | Studio | Studio,1BA | $760 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $790 |
| The Roselle | Studio | Studio,1BA | $800 |
| Yugo Minneapolis 412 Lofts | 3 Bed, 2 Bath Classic | 3BR,2BA | $809 |
| Best Apartments | Studio | Studio,1BA | $835 |
| Bridgewater Crossings | BWC Studio Large | Studio,1BA | $850 |
| St. George Apartments | Studio-Standard | Studio,1BA | $899 |
Best Value Apartments for Rent in Downtown East, MN
As of June 29, 2026 the best value apartment in the Downtown East area is the $1.28 price per square foot 2108 25th Ave S Model at 2108 25th Ave S, Unit 2 in the in the University Of Minnesota neighborhood starting from $1,695. The second greatest value Downtown East apartment is the 3X35A Model at The Marshall starting at $909 with a $0.70 price per square foot in the University Of Minnesota neighborhood. Here is today’s list of the best values for Downtown East apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2108 25th Ave S, Unit 2 | 2108 25th Ave S | 2BR,1.5BA | $1.28 |
| The Marshall | 3X35A | 3BR,3.5BA | $0.70 |
| Yugo The Sydney at Dinkytown | 2 Bed, 2 Bath DinkyDome Double | 2BR,2BA | $0.43 |
| The Bridges Dinkytown | B7 | 2BR,2BA | $0.98 |
| Bierman Place | The Quad - By-the-bed | 4BR,2BA | $0.50 |
| The Knoll Dinkytown | B1 | 2BR,2BA | $1.09 |
| Yugo Minneapolis 412 Lofts | 2 Bed, 2 Bath Classic | 2BR,2BA | $1.04 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $1.01 |
| 2101 3rd Ave | 1 Bedroom 1 Bath - 2101 3rd Ave | 1BR,1BA | $1.20 |
| 2014 3rd Ave | 2 Bedroom 1 Bath - 2014 3rd Ave | 2BR,1BA | $1.31 |
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.
Read Article
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.
Read ArticleReal 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.
Read ArticleQuick 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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If you’re an expert on all things Downtown East, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleDowntown East, Minneapolis, MN
Ranked #23
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities and towns across the United States including Downtown East, Minneapolis-St. Paul, and the greater Minneapolis-St. Paul area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, places to raise kids, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
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 $899.
What is the price of a cheap apartment in Downtown East?
The cheapest apartment in Downtown East is 814-8TH which is listed at $790, while the average apartment in Downtown East costs $3,475.
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 162 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 $1,274 which is $2,201 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
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.
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.
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
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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.
Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
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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Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.