
Cheap Homes for Rent in Downtown East Neighborhood of Minneapolis, MN from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown East area of Minneapolis.


431 S 7th St, Unit 2707

616 S 19th Ave

433 S 7th St

433 S 7th St, Unit #1821
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1605 Portland Ave

17 S 1st St, Unit A904
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.

210 N 2nd St, Unit 203

15 S 1st St

521 S 7th St

1822 S 5th St
Downtown East, Minneapolis, MN Local Guide

How much does it cost to rent a home in Downtown East?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown East 2 Bedroom Homes for Rent | $2,667 | $1,300 | $5,750 |
Downtown East 3 Bedroom Homes for Rent | $3,608 | $1,795 | $6,995 |
Downtown East 4 Bedroom Homes for Rent | $2,724 | $2,372 | $3,000 |
Downtown East 5 Bedroom Homes for Rent | $2,895 | $2,895 | $2,895 |
Downtown East 6 Bedroom Homes for Rent | $3,730 | $3,660 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 1 mile radius of the Downtown East Neighborhood of Minneapolis, MN.
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Downtown East, Minneapolis, MN Local Guide
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Cheapest Available Downtown East Apartments for Rent
 The cheapest available apartment rental in the Downtown East area of Minneapolis, MN is a 2 Beds unit found at Yugo Minneapolis Sydney Hall priced from $504. Paige Hall has the second lowest priced unit, which is a Studio apartment currently listed from $551. Here are the most affordable Downtown East apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Yugo Minneapolis Sydney Hall | 2 Bed, 2 Bath DinkyDome Double Renovated | 2BR,2BA | $504 |
Paige Hall | Efficiency | Studio,1BA | $551 |
Buri Manor | Efficiency | Studio,1BA | $699 |
The Balmoral | Efficiency | Studio,1BA | $718 |
Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
Best Value Apartments for Rent in Downtown East, MN
As of September 14, 2025 the best value apartment in the Downtown East area is the $0.60 price per square foot The Quad - By-the-bed - Unfurnished Model at Bierman Place in the in the University Of Minnesota neighborhood starting from $595. The second greatest value Downtown East apartment is the 2BR/1.0BA Model at 904-912 starting at $1,100 with a $1.16 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Bierman Place | The Quad - By-the-bed - Unfurnished | 4BR,2BA | $0.60 |
904-912 | 2BR/1.0BA | 2BR,1BA | $1.16 |
310 8th St SE | Garden 2 br | 2BR,1BA | $1.39 |
The Chalet | 2 | 2BR,1BA | $1.35 |
Yugo Minneapolis 412 Lofts | 2 Bed, 2 Bath Classic | 2BR,2BA | $0.97 |
Yugo Minneapolis Sydney Hall | 2 Bed, 1 Bath Classic | 2BR,1BA | $1.09 |
2014 3rd Ave | 1 Bedroom 1 Bath - 2014 3rd Ave | 1BR,1BA | $1.31 |
814-8TH | 0BR/1.0BA | Studio ,1BA | $1.17 |
St. George Apartments | Studio-Deluxe | Studio ,1BA | $1.41 |
The Remington Campus Apartments | STUDIO | Studio ,1BA | $1.35 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown East, Minneapolis, MN
Ranked #31
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown East
What type of rentals are currently available in Downtown East?
There are currently 503 Apartments for Rent in Downtown East, MN with pricing that ranges from $479 to $10,090. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown East ranging from $750 to $6,995.
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 $750 to $6,995 with an average monthly rent of $2,391.
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 $869 to $10,090, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $6,995. Four Bedroom Single-Family rentals are also available starting from $2,372 and Four Bedroom Apartments start at $742.
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.

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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.