Apartments for Rent in the Downtown East Neighborhood of Minneapolis, MN Under $1,500 (168 Rentals)

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Moment
Rent Specials
$1,447 - $4,760
Total Monthly Price

Total Monthly Price

Base Rent
$1,397 - $4,710
Required Monthly Fees
$50

Total Monthly Price
$1,447 - $4,760
Studio to 2 Bedroom Apartments Available Now

Moment

650 Portland Ave SMinneapolis, MN 55415
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Lago Apartments
Rent Specials
$1,275 - $1,890
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $1,890

Total Monthly Price
$1,275 - $1,890
Studio to 2 Bedroom Apartments Available Now

Lago Apartments

500 W Lake StMinneapolis, MN 55408
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Hencen
Rent Specials
$1,272 - $2,781
Total Monthly Price

Total Monthly Price

Base Rent
$1,092 - $2,601
Required Monthly Fees
$180

Total Monthly Price
$1,272 - $2,781
Studio to 2 Bedroom Apartments Available Now

Hencen

455 Central Ave SEMinneapolis, MN 55414
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Marko Apartments
$1,225 - $2,025
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150 - $1,950
Required Monthly Fees
$75

Total Monthly Price
$1,225 - $2,025
Studio to 1 Bedroom Apartments Available Now

Marko Apartments

711 8th St SEMinneapolis, MN 55414
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Sora
$1,300 - $2,882
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $2,882

Total Monthly Price
$1,300 - $2,882
Studio to 2 Bedroom Apartments Available Now

Sora

600 S 5th AveMinneapolis, MN 55415
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Rafter
Rent Specials
$1,362 - $15,562
Plus Fees
Studio to 3 Bedroom Apartments Available Now

Rafter

333 E Hennepin AveMinneapolis, MN 55414
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Cash 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.

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365 Nicollet
Rent Specials
$1,388 - $12,862
Total Monthly Price

Total Monthly Price

Base Rent
$1,380 - $12,854
Required Monthly Fees
$8

Total Monthly Price
$1,388 - $12,862
Studio to 3 Bedroom Apartments Available Now

365 Nicollet

365 Nicollet MallMinneapolis, MN 55401
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Cedars 94
Rent Specials
$969 - $1,831
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$959 - $1,821
Required Monthly Fees
$10

Total Monthly Price
$969 - $1,831
Studio to 2 Bedroom Apartments Available Now

Cedars 94

2220 E Franklin AveMinneapolis, MN 55404
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The Paxon
$1,471 - $3,364
Total Monthly Price

Total Monthly Price

Base Rent
$1,467 - $3,360
Required Monthly Fees
$4

Total Monthly Price
$1,471 - $3,364
Studio to 2 Bedroom Apartments Available Now

The Paxon

360 N 1st StMinneapolis, MN 55401
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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.

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Drexel Apartments
$990 - $1,455
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$990 - $1,455

Total Monthly Price
$990 - $1,455
1 to 2 Bedroom Apartments Available Now

Drexel Apartments

1009 Park AveMinneapolis, MN 55404
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The Larking
Rent Specials
$1,159 - $6,455
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,099 - $6,395
Required Monthly Fees
$60

Total Monthly Price
$1,159 - $6,455
Studio to 3 Bedroom Apartments Available Now

The Larking

615 S 8th StMinneapolis, MN 55404
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Spectrum Apartments & Townhomes
$1,379 - $2,749
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $2,745
Required Monthly Fees
$4

Total Monthly Price
$1,379 - $2,749
1 to 4 Bedroom Apartments Available Nov 7

Spectrum Apartments & Townhomes

815 9th Ave SEMinneapolis, MN 55414
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Velo
Rent Specials
$1,361 - $3,996
Total Monthly Price

Total Monthly Price

Base Rent
$1,357 - $3,992
Required Monthly Fees
$4

Total Monthly Price
$1,361 - $3,996
Studio to 2 Bedroom Apartments Available Now

Velo

115 N 2nd StMinneapolis, 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.

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SECOND AND SECOND
Rent Specials
$1,460 - $2,838
Total Monthly Price

Total Monthly Price

Base Rent
$1,455 - $2,833
Required Monthly Fees
$5

Total Monthly Price
$1,460 - $2,838
1 to 2 Bedroom Apartments Available Now

SECOND AND SECOND

120 2nd St NMinneapolis, MN 55401
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FIT
Rent Specials
$1,153 - $1,428
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,420
Required Monthly Fees
$8

Total Monthly Price
$1,153 - $1,428
Studio to 2 Bedroom Apartments Available Now

FIT

515 E Grant StMinneapolis, MN 55404
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Chateau Student Housing Cooperative
Rent Specials
$1,038 - $2,725
Total Monthly Price

Total Monthly Price

Base Rent
$1,038 - $2,725

Total Monthly Price
$1,038 - $2,725
Studio to 4 Bedroom Apartments Available Now

Chateau Student Housing Cooperative

425 13th Ave SEMinneapolis, MN 55414
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The Marshall
$580 - $1,650
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$580 - $1,650

Total Monthly Price
$580 - $1,650
1 to 4 Bedroom Apartments Available Now

The Marshall

515 14th Ave SEMinneapolis, MN 55414
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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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The Villa Apartments
$875
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$825
Required Monthly Fees
$50

Total Monthly Price
$875
Studio Apartments Available Nov 6

The Villa Apartments

1111 S 7th StMinneapolis, MN 55415
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Studios at 7 Corners
$945 - $995
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895 - $945
Required Monthly Fees
$50

Total Monthly Price
$945 - $995
Studio Apartments Available Now

Studios at 7 Corners

1414 S 3rd StMinneapolis, MN 55454
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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!

Downtown East, Minneapolis, MN Local Guide

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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The 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.

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Enjoy 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.

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Quick 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.

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Pet Friendly Lifestyle
Downtown East, Minneapolis, MN

Ranked #23

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Downtown East

How much are Studio apartments in Downtown East?

There are currently 261 Studio Apartments in Downtown East with rent ranges from $725 to $2,330 with an average price of $1,342.

What is the current price range for One Bedroom Downtown East Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Downtown East ranges from $790 to $6,500 with an average monthly rent of $1,741.

What does renting a Two Bedroom Apartment in Downtown East cost?

The monthly rent prices of Two Bedroom Apartments currently available in Downtown East range from $469 to $8,971. Today's average rental price for Two Bedrooms here is $2,497.

How expensive are Downtown East Three Bedroom Apartments?

There are currently 90 Three Bedroom Apartments listings available in Downtown East on ApartmentHomeLiving.com. The pricing ranges from $819 to $11,318 - averaging $2,859 for the location.

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.

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.