Cheap Apartments for Rent in the Downtown East Neighborhood of Minneapolis, MN from $400 (140 Rentals) Page 2 of 3

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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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MPA / Marcy Park Apartments
Rent Specials
$1,304 - $2,804
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $2,800
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 4 Bedroom Apartments Available Aug 5

MPA / Marcy Park Apartments

1015 8th StMinneapolis, MN 55414
Student Housing
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Hencen
Rent Specials
$1,340 - $2,796
Total Monthly Price

Total Monthly Price

Base Rent
$1,160 - $2,616
Required Monthly Fees
$180

Total Monthly Price
$1,340 - $2,796
Studio to 2 Bedroom Apartments Available Now

Hencen

455 Central Ave SEMinneapolis, MN 55414
Transit Friendly
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  • Utilities Included
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Velo
$1,373 - $4,233
Total Monthly Price

Total Monthly Price

Base Rent
$1,368 - $4,228
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Velo

115 N 2nd StMinneapolis, MN 55401
Transit Friendly
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property at 270 Hennepin Ave

$1,374 - $9,460

Total Monthly Price

Total Monthly Price

Base Rent
$1,374

Total Monthly Price
$1,374

Studio To 3 Bedroom Rentals

Available Now

270 Hennepin Ave

MinneapolisMN55401

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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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
  • Utilities Included
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The Adams
Studio Apartments

The Adams

500 S 10th StMinneapolis, MN 55404
  • Utilities Included
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Buri Manor
Studio Apartments

Buri Manor

1515 Chicago AveMinneapolis, MN 55404
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The Balmoral
Studio to 1 Bedroom Apartments

The Balmoral

1005 Portland Ave SMinneapolis, MN 55404

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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Holmes Park Village
1 to 3 Bedroom Apartments

Holmes Park Village

320 2nd Ave SEMinneapolis, MN 55414
  • Utilities Included
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Riverside Plaza
Studio to 4 Bedroom Apartments

Riverside Plaza

1524 6th StMinneapolis, MN 55413
  • Utilities Included
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Elliot Court Apartments
Studio to 1 Bedroom Apartments

Elliot Court Apartments

1130 8th St SMinneapolis, MN 55404
  • Utilities Included
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720 6th Ave SE
Studio to 2 Bedroom Apartments

720 6th Ave SE

720 6th Ave SEMinneapolis, MN 55414
  • Utilities Included
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Brownstones Downtown
Studio to 1 Bedroom Apartments

Brownstones Downtown

500-508 15th St EMinneapolis, MN 55404
  • Utilities Included
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814-8TH
Studio to 2 Bedroom Apartments

814-8TH

810-814 8th St SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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1912 3rd Ave
Studio to 2 Bedroom Apartments

1912 3rd Ave

1912 3rd Ave SMinneapolis, MN 55404
  • Utilities Included
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Stadium Place
1 to 3 Bedroom Apartments

Stadium Place

1501 11th Ave SMinneapolis, MN 55404
  • Utilities Included
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Castleton
Studio to 2 Bedroom Apartments

Castleton

214-220 E 19th StMinneapolis, MN 55403

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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Monadnock Apartments
Studio Apartments

Monadnock Apartments

900 Centennial PlMinneapolis, MN 55404
  • Utilities Included
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327 University Ave SE
Studio to 2 Bedroom Apartments

327 University Ave SE

327 University Ave SEMinneapolis, MN 55414
  • Utilities Included
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East Town Apartments
Studio to 3 Bedroom Apartments

East Town Apartments

618 S 9th StMinneapolis, MN 55404
  • Utilities Included
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Mallbrook
Studio to 2 Bedroom Apartments

Mallbrook

1810 3rd Ave SMinneapolis, MN 55404
  • Utilities Included
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315 11th Ave SE
Studio to 5 Bedroom Apartments

315 11th Ave SE

315 11th Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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904-912
Studio to 3 Bedroom Apartments

904-912

904 21st Ave SMinneapolis, MN 55404
  • Utilities Included
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University Court
1 Bedroom Apartments

University Court

725-729 8th Ave SEMinneapolis, MN 55414
  • Utilities Included
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1929 S 3rd Ave
1 Bedroom Apartments

1929 S 3rd Ave

1929 S 3rd AveMinneapolis, MN 55404
  • Utilities Included
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Hedberg Apartments
Studio to 2 Bedroom Apartments

Hedberg Apartments

514 14th Ave SEMinneapolis, MN 55414
  • Utilities Included
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The Wellstone
1 to 3 Bedroom Apartments

The Wellstone

620 E Franklin AveMinneapolis, MN 55404
  • Utilities Included
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1615 11th Ave S
1 Bedroom Apartments

1615 11th Ave S

1615 11th Ave SMinneapolis, MN 55404
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1806 3rd Ave
1 Bedroom Apartments

1806 3rd Ave

1806 3rd Ave SMinneapolis, MN 55404
  • Utilities Included
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2101 3rd Ave
1 Bedroom Apartments

2101 3rd Ave

2101 3rd Ave SMinneapolis, MN 55404
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2014 3rd Ave
1 to 2 Bedroom Apartments

2014 3rd Ave

2014 3rd Ave SMinneapolis, MN 55404
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Franklin Housing Co-op
1 to 2 Bedroom Apartments

Franklin Housing Co-op

2300 E Franklin AveMinneapolis, MN 55406
  • Utilities Included
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1828 Park Ave
1 to 3 Bedroom Apartments

1828 Park Ave

1828 Park AveMinneapolis, MN 55404
  • Utilities Included
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1915 3rd Ave S
Studio to 1 Bedroom Apartments

1915 3rd Ave S

1915 3rd Ave SMinneapolis, MN 55404
  • Utilities Included

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 $800.

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 $3,187.

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 176 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 $1,021 which is $2,166 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

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.

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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.

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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.

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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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.