
Cheap Apartments for Rent in the Downtown East Neighborhood of Minneapolis, MN from $400 (168 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown East area of Minneapolis.


1316 7th St SE

The Remington Campus Apartments

Sela Campus University Apartments

St. Anthony Village

Best Apartments

St. George Apartments

Blue Goose Cooperative

Total Monthly Price
The Villa Apartments

912 22nd Ave
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.

605 S 9th St

706 S 9th St

Total Monthly Price
Chateau Student Housing Cooperative

Total Monthly Price
FIT

Bridgewater Crossings

Total Monthly Price
Cedars 94

Ladder 260

The Endurance

St Anthony Mills Apartments

Total Monthly Price
Drexel 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.

East Village

1101 S 7th St

Artistry on 10th

Total Monthly Price
Studios at 7 Corners

409 University Ave SE

The Denn of Dinkytown

629 6th St SE

Rivergate Apartments

The Larking
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.

Minnehaha 94

525 Tenth Dinkytown Apartments Student Rental

617 10th Avenue SE

2021 3rd Ave S

Total Monthly Price
Mill City Quarter

Total Monthly Price
Marko Apartments

1010 Lofts

Total Monthly Price
Stone Arch I

Churchill

Riverside Homes
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.

Mill District City Club

Total Monthly Price
Luna

Total Monthly Price
Sora

Soo Line

The Metro Apartments

Total Monthly Price
Lago Apartments

HQ Apartments

924 21st Ave S

Runnstone Senior Living
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.
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 | $1,385 | $725 | $1,995 |
| Downtown East 1 Bedroom Apartments | $1,733 | $795 | $5,800 |
| Downtown East 2 Bedroom Apartments | $2,460 | $469 | $10,000+ |
| Downtown East 3 Bedroom Apartments | $2,968 | $829 | $10,000+ |
| Downtown East 4 Bedroom Apartments | $1,935 | $875 | $3,500 |
| Downtown East 5 Bedroom Apartments | $3,540 | $2,750 | $3,895 |
Browse Apartments in this Neighborhood
There are currently 168 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 25, 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 Market Model at The Jourdain starting at $1,560 with a $1.60 price per square foot in the Greater Central 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 |
| The Jourdain | 2 Bedroom Market | 2BR,1BA | $1.60 |
| Sela Campus University Apartments | 2 Bedroom | 2BR,1BA | $1.28 |
| 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 ArticleThe 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 ArticleCash 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.
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.
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.
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 198 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 $1,002 which is $3,670 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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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!

