
Cheap Apartments for Rent in the Downtown East Neighborhood of Minneapolis, MN from $400 (160 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

Castleton

St. Anthony Village

Best Apartments

St. George Apartments

Bridgewater Crossings

Blue Goose Cooperative

Total Monthly Price
The Villa Apartments

912 22nd Ave

Seven Corners

Total Monthly Price
Studios at 7 Corners

Sela Campus University Apartments

Total Monthly Price
Cedars 94

Ladder 260

The Endurance

St Anthony Mills Apartments

Total Monthly Price
Drexel Apartments

East Village

1101 S 7th St

Rivergate Apartments

Total Monthly Price
Chateau Student Housing Cooperative

Artistry on 10th

409 University Ave SE

The Denn of Dinkytown

629 6th St SE

15 S 1st St

Total Monthly Price
FIT

Total Monthly Price
The Larking

Minnehaha 94

617 10th Avenue SE

Total Monthly Price
Stone Arch I

Total Monthly Price
Mill City Quarter

HQ Apartments

Total Monthly Price
Marko Apartments

1010 Lofts

525 Tenth Dinkytown Apartments Student Rental

701 6th St SE

Total Monthly Price
Hencen

The Metro Apartments

Total Monthly Price
Lago Apartments

Groove Lofts

Total Monthly Price
Sora

Karinsplass Apartments

Runnstone Senior Living

Mill District City Club Apartments

Coze Flats
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 | $1,342 | $725 | $2,330 |
| Downtown East 1 Bedroom Apartments | $1,741 | $790 | $6,500 |
| Downtown East 2 Bedroom Apartments | $2,497 | $469 | $8,971 |
| Downtown East 3 Bedroom Apartments | $2,859 | $819 | $10,000+ |
| Downtown East 4 Bedroom Apartments | $1,902 | $739 | $6,797 |
| Downtown East 5 Bedroom Apartments | $3,702 | $2,895 | $4,095 |
Browse Apartments in this Neighborhood
There are currently 160 rentals with your search options within a 1 mile radius of the Downtown East Neighborhood of Minneapolis, MN.
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Downtown East, Minneapolis, MN Local Guide
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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 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 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $760 |
| 904-912 | 0BR/1.0BA | Studio,1BA | $780 |
| Castleton | Studio 1 Bath - Castleton | Studio,1BA | $785 |
| Yugo Minneapolis 412 Lofts | 3 Bed, 2 Bath Classic | 3BR,2BA | $799 |
Best Value Apartments for Rent in Downtown East, MN
As of November 02, 2025 the best value apartment in the Downtown East area is the $0.78 price per square foot The Augsburg Model at Minnehaha 94 in the in the Cedar-Riverside neighborhood starting from $1,189. The second greatest value Downtown East apartment is the 1525 Elliot Ave Model at 1525 Elliot Ave, Unit 1 starting at $1,775 with a $1.41 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. |
|---|---|---|---|
| Minnehaha 94 | The Augsburg | 3BR,2.5BA | $0.78 |
| 1525 Elliot Ave, Unit 1 | 1525 Elliot Ave | 3BR,1BA | $1.41 |
| Bierman Place | The Quad - By-the-bed | 4BR,2BA | $0.65 |
| 904-912 | 1BR/1.0BA | 1BR,1BA | $1.11 |
| The Marshall | 2DX2B | 2BR,2BA | $0.78 |
| Best Apartments | One Bedroom | 1BR,1BA | $1.34 |
| 2014 3rd Ave | 1 Bedroom 1 Bath - 2014 3rd Ave | 1BR,1BA | $1.31 |
| St. George Apartments | Studio-Deluxe | Studio ,1BA | $1.31 |
| 814-8TH | 0BR/1.0BA | Studio ,1BA | $1.17 |
| The Remington Campus Apartments | STUDIO | Studio ,1BA | $1.35 |
Quick Rent Budget Calculator
How much rent can you afford?
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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 $4,650.
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 220 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 $817 which is $3,833 cheaper than the average rent for all rentals in Downtown East.
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.

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.

