Cheap Homes for Rent in Downtown East Neighborhood of Minneapolis, MN from $1,000 (10 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 524 20th Ave S

524 20th Ave S, Unit 4

524 20th Ave S
MinneapolisMN55454
property at 1815 Clinton Ave

1815 Clinton Ave

MinneapolisMN55404
property at 433 S 7th St

433 S 7th St

MinneapolisMN55415

The Art of the Rental Viewing: What to look for during a property tour

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property at 15 S 1st St

15 S 1st St

MinneapolisMN55401
property at 20 NE 2nd St

20 NE 2nd St

MinneapolisMN55413
Showing Results 1-10, Page 1 of 1

Downtown East, Minneapolis, MN Local Guide

Cheapest Available Downtown East Apartments for Rent

 

The cheapest available apartment rental in the Downtown East area of Minneapolis, MN is a Studio unit found at Paige Hall priced from $551. Buri Manor has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Downtown East apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Paige HallEfficiencyStudio,1BA$551
Buri ManorEfficiencyStudio,1BA$699
The BalmoralEfficiencyStudio,1BA$718

Best Value Apartments for Rent in Downtown East, MN

As of June 12, 2025 the best value apartment in the Downtown East area is the $1.44 price per square foot Sibley Model at The Breton Apartments in the in the University Of Minnesota neighborhood starting from $1,729. The second greatest value Downtown East apartment is the 3X3A Model at The Marshall starting at $889 with a $0.81 price per square foot in the University Of Minnesota neighborhood. Here is today’s list of the best values for Downtown East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Breton ApartmentsSibley3BR,1BA$1.44
The Marshall3X3A3BR,3BA$0.81
904-9122BR/1.0BA2BR,1BA$1.26
1815 10th Ave S, Unit 31815 10th Ave S1BR,1BA$1.35
2101 3rd Ave1 Bedroom 1 Bath - 2101 3rd Ave1BR,1BA$1.39
FITClassic - One Bedroom1BR,1BA$1.41
2014 3rd Ave1 Bedroom 1 Bath - 2014 3rd Ave1BR,1BA$1.48
Sela Campus University ApartmentsEfficiencyStudio ,1BA$1.46
Bridgewater CrossingsBWC 1 Bedroom 2111, 2101, 20191BR,1BA$1.46
The Remington Campus ApartmentsSTUDIOStudio ,1BA$1.35

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Frequently Asked Questions about Downtown East

What type of rentals are currently available in Downtown East?

There are currently 504 Apartments for Rent in Downtown East, MN with pricing that ranges from $479 to $12,360. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown East ranging from $1,050 to $5,600.

What is the current price range for Rental Homes in Downtown East?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown East ranges from $1,050 to $5,600 with an average monthly rent of $3,121.

How much are larger Three and Four Bedroom Rentals in Downtown East?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown East range from $789 to $11,923, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $1,947. Four Bedroom Single-Family rentals are also available starting from $2,140 and Four Bedroom Apartments start at $769.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.