Cheap Apartments for Rent in the Downtown East Neighborhood of Minneapolis, MN from $400 (200 Rentals) Page 2 of 4

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Search the lowest-cost Apartments available for rent right now in the Downtown East area of Minneapolis.

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Hencen
Rent Specials
$1,382 - $2,801
Total Monthly Price

Total Monthly Price

Base Rent
$1,202 - $2,621
Required Monthly Fees
$180

Total Monthly Price
$1,382 - $2,801
Studio to 2 Bedroom Apartments Available Now

Hencen

455 Central Ave SEMinneapolis, MN 55414
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4th and Park
Rent Specials
$1,388 - $5,998
Total Monthly Price

Total Monthly Price

Base Rent
$1,380 - $5,990
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

4th and Park

700 S 4th StMinneapolis, MN 55415
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Stone Arch I
$1,392 - $1,699
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,388 - $1,695
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Stone Arch I

601-701 Main St SEMinneapolis, MN 55414
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property at 609 S 9th St

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Home for Rent

Available Now

609 S 9th St

MinneapolisMN55404
property at 433 S 7th St

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

433 S 7th St

MinneapolisMN55415

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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270 Hennepin
$1,425 - $16,604
Total Monthly Price

Total Monthly Price

Base Rent
$1,354 - $16,533
Required Monthly Fees
$71

Total Monthly Price
$1,425 - $16,604
Studio to 3 Bedroom Apartments Available Now

270 Hennepin

270 Hennepin AveMinneapolis, MN 55402
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HQ Apartments
Rent Specials
$1,436 - $3,916
Total Monthly Price

Total Monthly Price

Base Rent
$1,386 - $3,866
Required Monthly Fees
$50

Total Monthly Price
$1,436 - $3,916
Studio to 3 Bedroom Apartments Available Now

HQ Apartments

816 Portland Ave SMinneapolis, MN 55404
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Red 20 Apartments
$1,437 - $2,270
Total Monthly Price

Total Monthly Price

Base Rent
$1,426 - $2,259
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Red 20 Apartments

20 6th St NEMinneapolis, MN 55413
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property at 1907 11th Ave S

$1,445

Total Monthly Price

Total Monthly Price

Base Rent
$1,445

Total Monthly Price
$1,445

2 Bedroom, 1 Bath Home for Rent

Available Jun 12

1907 11th Ave S

MinneapolisMN55404
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Gatsby Apartments
Rent Specials
$1,458 - $4,093
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $4,085
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Gatsby Apartments

1400 Park AveMinneapolis, MN 55404
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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.

property at 650 Portland Ave

$1,460 - $4,642

Total Monthly Price

Total Monthly Price

Base Rent
$1,460

Total Monthly Price
$1,460

Studio To 2 Bedroom Rentals

Available Now

650 Portland Ave

MinneapolisMN55415
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Velo
$1,515 - $3,217
Total Monthly Price

Total Monthly Price

Base Rent
$1,510 - $3,212
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jul 7

Velo

115 N 2nd StMinneapolis, MN 55401
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Sora
Rent Specials
$1,515 - $4,366
Total Monthly Price

Total Monthly Price

Base Rent
$1,515 - $4,366

Total Monthly Price
$1,515 - $4,366
Studio to 2 Bedroom Apartments Available Now

Sora

600 S 5th AveMinneapolis, MN 55415
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4Marq
Rent Specials
$1,518 - $3,243
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $3,225
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

4Marq

400 Marquette AveMinneapolis, MN 55401
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The Paxon
$1,532 - $3,342
Total Monthly Price

Total Monthly Price

Base Rent
$1,527 - $3,337
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Paxon

360 N 1st StMinneapolis, MN 55401
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Maverick
$1,573 - $5,268
Total Monthly Price

Total Monthly Price

Base Rent
$1,565 - $5,260
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Maverick

120 Hennepin AveMinneapolis, MN 55401
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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.

property at 801 SE 9th St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

801 SE 9th St

MinneapolisMN55414
property at 15 S 1st St

$1,625

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,625

Total Monthly Price
$1,625

1 Bedroom, 1 Bath Condo for Rent

Available Now

15 S 1st St, Unit A1504, Unit A1504

15 S 1st St
MinneapolisMN55401
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7west
Rent Specials
$1,628 - $3,883
Total Monthly Price

Total Monthly Price

Base Rent
$1,620 - $3,875
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

7west

1800 Washington Ave SMinneapolis, MN 55454
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The M on Hennepin
Rent Specials
$1,652 - $3,233
Total Monthly Price

Total Monthly Price

Base Rent
$1,644 - $3,225
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The M on Hennepin

10 2nd St SEMinneapolis, MN 55413
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NIC on 5th
$1,655 - $7,575
Total Monthly Price

Total Monthly Price

Base Rent
$1,655 - $7,575

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

NIC on 5th

465 Nicollet MallMinneapolis, MN 55401
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Ironclad Residential
Rent Specials
$1,695 - $4,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $4,250
Required Monthly Fees
$100

Total Monthly Price
$1,695 - $4,350
1 to 2 Bedroom Apartments Available Now

Ironclad Residential

811 Washington Ave SMinneapolis, MN 55415
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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!

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The Archive
Rent Specials
$1,764 - $3,974
Total Monthly Price

Total Monthly Price

Base Rent
$1,589 - $3,799
Required Monthly Fees
$175

Total Monthly Price
$1,764 - $3,974
Studio to 2 Bedroom Apartments Available Now

The Archive

110 N 1st StMinneapolis, MN 55401
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365 Nicollet
$1,767 - $16,568
Total Monthly Price

Total Monthly Price

Base Rent
$1,751 - $16,552
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

365 Nicollet

365 Nicollet MallMinneapolis, MN 55401
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property at 929 Portland Ave

$1,750 - $2,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

1 To 2 Bedroom Rentals

Available Now

929 Portland Ave

MinneapolisMN55404
property at 1920 S 1st St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 2 Bath Home for Rent

Available Now

1920 S 1st St

MinneapolisMN55454
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Dundry House
Studio to 1 Bedroom Apartments

Dundry House

1829 5th Ave SMinneapolis, MN 55404
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Paige Hall
Studio to 2 Bedroom Apartments

Paige Hall

727 5th Ave SMinneapolis, MN 55415
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1012 8th St SE
1 Bedroom Apartments

1012 8th St SE

1012 8th St SEMinneapolis, MN 55414

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 $810, 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 155 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 $1,209 which is $2,266 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

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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

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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.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Written by: Stephanie Lica

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

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Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.