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$725 - $1,695
Plus Fees1 Month Lease Term
Studio to 3 Bedroom Apartments Available NowRose
1928 Portland AveMinneapolis, MN 55404
Cheap Apartments for Rent in the Downtown East Neighborhood of Minneapolis, MN from $400 (167 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown East area of Minneapolis.
1316 7th St SE
MinneapolisMN55414
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$745 - $1,200
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilityThe Remington Campus Apartments
708 5th St SEMinneapolis, MN 55414
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$750 - $1,350
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowSela Campus University Apartments
701 University Ave SEMinneapolis, MN 55414
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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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$849 - $1,050
Plus Fees
Studio to 1 Bedroom Apartments Available NowSt. George Apartments
137 E 17th StMinneapolis, MN 55403
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$850 - $999
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowBridgewater Crossings
2101-2020 21st Ave SMinneapolis, 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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$875
Total Monthly Price12 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
Base Rent
$825
Required Monthly Fees
$50
Total Monthly Price
$875
The Villa Apartments
1111 S 7th StMinneapolis, MN 55415
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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$900 - $1,100
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now912 22nd Ave
912 22nd Ave SMinneapolis, MN 55404
605 S 9th St
MinneapolisMN55404
706 S 9th St
MinneapolisMN55404
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$916 - $2,445
Total Monthly Price
Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$916 - $2,445
Total Monthly Price
$916 - $2,445
Chateau Student Housing Cooperative
425 13th Ave SEMinneapolis, MN 55414
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$964 - $1,826
Total Monthly Price1 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$959 - $1,821
Required Monthly Fees
$5
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$964 - $1,826
Cedars 94
2220 E Franklin AveMinneapolis, MN 55404
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$979 - $1,328
Plus Fees
Studio to 1 Bedroom Apartments Available Jan 8, 2026Ladder 260
260 Portland AveMinneapolis, MN 55415
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$980 - $1,450
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Endurance
725 8th St SEMinneapolis, MN 55414
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Rent Specials
$990
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilitySt Anthony Mills Apartments
720 Washington Ave SMinneapolis, MN 55415
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$990 - $1,455
Total Monthly Price1 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$990 - $1,455
Total Monthly Price
$990 - $1,455
Drexel Apartments
1009 Park AveMinneapolis, MN 55404
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$1,000 - $1,700
Plus Fees12 Month Lease Term
Studio to 2 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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$1,000
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now1101 S 7th St
1101 S 7th StMinneapolis, MN 55415
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$1,003 - $1,858
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$995 - $1,850
Required Monthly Fees
$8
Total Monthly Price
$1,003 - $1,858
FIT
515 E Grant StMinneapolis, MN 55404
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$1,045
Total Monthly Price12 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
Base Rent
$995
Required Monthly Fees
$50
Total Monthly Price
$1,045
Studios at 7 Corners
1414 S 3rd StMinneapolis, MN 55454
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$1,050
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now409 University Ave SE
409 University Ave SEMinneapolis, MN 55414
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Rent Specials
$1,050 - $4,396
Plus Fees
Studio to 2 Bedroom Apartments Available NowArtistry on 10th
95 S 10th StMinneapolis, MN 55403
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$1,075 - $2,400
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Available NowThe Denn of Dinkytown
815 13th Ave SEMinneapolis, MN 55414
629 6th St SE
MinneapolisMN55414
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Rent Specials
$1,110 - $1,296
Plus Fees
Studio to 1 Bedroom Apartments Available NowRivergate Apartments
115 2nd Ave SMinneapolis, MN 55401
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Rent Specials
$1,160 - $6,395
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowThe Larking
615 S 8th StMinneapolis, MN 55404
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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$1,189 - $2,089
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowMinnehaha 94
1901 Minnehaha AveMinneapolis, MN 55404
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$1,200 - $2,700
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Available Now617 10th Avenue SE
617 10th Ave SEMinneapolis, MN 55414
2021 3rd Ave S
MinneapolisMN55404
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$1,213 - $1,462
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,209 - $1,458
Required Monthly Fees
$4
Total Monthly Price
$1,213 - $1,462
Mill City Quarter
300 S 2nd StMinneapolis, MN 55401
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$1,225 - $1,975
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,150 - $1,900
Required Monthly Fees
$75
Total Monthly Price
$1,225 - $1,975
Marko Apartments
711 8th St SEMinneapolis, MN 55414
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$1,233 - $4,293
Plus Fees
Studio to 3 Bedroom Apartments Available NowSoo Line
101 S 5th StMinneapolis, MN 55402
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$1,235 - $2,725
Plus Fees
Studio to 2 Bedroom Apartments Available Now1010 Lofts
1010 S 7th StMinneapolis, MN 55415
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$1,243 - $1,739
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $1,695
Required Monthly Fees
$44
Total Monthly Price
$1,243 - $1,739
Stone Arch I
601-701 Main St SEMinneapolis, MN 55414
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$1,250 - $2,550
Plus Fees
Studio to 2 Bedroom Apartments Available NowMill District City Club
225 Portland AveMinneapolis, MN 55401
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$1,250 - $3,475
Plus Fees12 Month Lease Term
1 to 5 Bedroom Apartments Available Now525 Tenth Dinkytown Apartments Student Rental
525 10th Ave SEMinneapolis, MN 55414
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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$1,250 - $2,700
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRiverside Homes
617 19th AveMinneapolis, MN 55454
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$1,257 - $3,550
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,257 - $3,550
Total Monthly Price
$1,257 - $3,550
Luna
2520 8th St SMinneapolis, MN 55454
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$1,260 - $2,265
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,260 - $2,265
Total Monthly Price
$1,260 - $2,265
Sora
600 S 5th AveMinneapolis, MN 55415
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$1,275 - $1,950
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Metro Apartments
90 S 9th StMinneapolis, MN 55402
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$1,279 - $1,894
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,275 - $1,890
Required Monthly Fees
$4
Total Monthly Price
$1,279 - $1,894
Lago Apartments
500 W Lake StMinneapolis, MN 55408
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$1,281 - $2,851
Plus Fees
Studio to 3 Bedroom Apartments Available NowHQ Apartments
816 Portland Ave SMinneapolis, MN 55404
924 21st Ave S
MinneapolisMN55404
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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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$1,300 - $1,650
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityKarinsplass Apartments
2015 Riverside AveMinneapolis, MN 55454
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.
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 | $1,371 | $725 | $1,995 |
| Downtown East 1 Bedroom Apartments | $1,741 | $795 | $5,800 |
| Downtown East 2 Bedroom Apartments | $2,465 | $469 | $10,000+ |
| Downtown East 3 Bedroom Apartments | $2,977 | $829 | $10,000+ |
| Downtown East 4 Bedroom Apartments | $1,975 | $875 | $3,500 |
| Downtown East 5 Bedroom Apartments | $3,568 | $2,750 | $3,895 |
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 167 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Yugo Minneapolis Sydney Hall priced from $489. Paige Hall has the second lowest priced unit, which is a Studio apartment currently listed from $551. Here are the most affordable Downtown East apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yugo Minneapolis Sydney Hall | 2 Bed, 2 Bath DinkyDome Double Renovated | 2BR,2BA | $489 |
| Paige Hall | Efficiency | Studio,1BA | $551 |
| Buri Manor | Efficiency | Studio,1BA | $699 |
| The Balmoral | Efficiency | Studio,1BA | $718 |
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| The Remington Campus Apartments | STUDIO | Studio,1BA | $745 |
| Sela Campus University Apartments | Efficiency | Studio,1BA | $750 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $760 |
| 904-912 | 0BR/1.0BA | Studio,1BA | $780 |
| Yugo Minneapolis 412 Lofts | 3 Bed, 2 Bath Classic | 3BR,2BA | $799 |
Best Value Apartments for Rent in Downtown East, MN
As of December 19, 2025 the best value apartment in the Downtown East area is the $1.46 price per square foot 4BR/1.0BA Model at 1804 16th Ave S in the in the Greater Central neighborhood starting from $1,749. The second greatest value Downtown East apartment is the 2 Bedroom Model at Sela Campus University Apartments starting at $1,250 with a $1.28 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. |
|---|---|---|---|
| 1804 16th Ave S | 4BR/1.0BA | 4BR,1BA | $1.46 |
| Sela Campus University Apartments | 2 Bedroom | 2BR,1BA | $1.28 |
| The Jourdain | 2 Bedroom Market | 2BR,1BA | $1.60 |
| 904-912 | 2BR/1.0BA | 2BR,1BA | $1.26 |
| Minnehaha 94 | The Minnehaha | 2BR,1.5BA | $1.57 |
| St. George Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.40 |
| 409 University Ave SE | 1 Bedroom Apt | 1BR,1BA | $1.50 |
| 814-8TH | 0BR/1.0BA | Studio ,1BA | $1.17 |
| 912 22nd Ave | 1 Bedroom 1 Bath - 912 22nd Ave | 1BR,1BA | $1.45 |
| The Remington Campus Apartments | STUDIO | Studio ,1BA | $1.35 |
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
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleEnjoy 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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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 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 $799.
What is the price of a cheap apartment in Downtown East?
The cheapest apartment in Downtown East is 814-8TH which is listed at $760, while the average apartment in Downtown East costs $4,672.
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 191 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 $1,007 which is $3,665 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
Written by: Stephanie Lica
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
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.
Articles, How-To's, and Tips
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.