
Cheap Apartments for Rent in the Downtown East Neighborhood of Minneapolis, MN from $400 (170 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in the Downtown East area of Minneapolis.


Creamette Historic Lofts

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Red 20 Apartments

Churchill

7west

ELEVATE Apartment Homes

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Hencen

Park & Franklin Lofts

509 6th St SE

433 S 7th St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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HQ Apartments

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Spectrum Apartments & Townhomes

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270 Hennepin

270 Hennepin Ave

The Grand Mill District

4th and Park

East End

801 SE 9th St

2006 2nd Ave S

Intersect
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Velo

Neon Flats Apartments

Minnehaha 94

650 Portland Ave

Second & Second

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Moment

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4Marq

NIC on 5th

Maverick

240 Park Avenue
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!

Forte on the Park

1008 12th Ave SE

19 S 1st St

Dundry House

Paige Hall

The Adams

Buri Manor

Marcy Park Student Housing Co-op

The Balmoral

Holmes Park Village

Riverside Plaza

Elliot Court Apartments

720 6th Ave SE

Remmington Campus Apartments

Brownstones Downtown

Lilium Apartments

1912 3rd Ave

814-8TH

904-912

Stadium Place
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 | $1,381 | $725 | $2,209 |
| Downtown East 1 Bedroom Apartments | $1,762 | $885 | $8,259 |
| Downtown East 2 Bedroom Apartments | $2,387 | $469 | $10,000+ |
| Downtown East 3 Bedroom Apartments | $2,595 | $799 | $9,861 |
| Downtown East 4 Bedroom Apartments | $2,090 | $915 | $10,000+ |
| Downtown East 5 Bedroom Apartments | $3,444 | $2,695 | $3,750 |
Browse Apartments in this Neighborhood
There are currently 170 rentals with your search options within a 1 mile radius of the Downtown East Neighborhood of Minneapolis, MN.
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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 $760.
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 $4,575.
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 263 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 $937 which is $3,638 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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.