
Cheap 1 Bedroom Apartments for Rent in the Downtown Minneapolis Neighborhood of Minneapolis, MN from $758 (139 Rentals) Page 2 of 3


Five15 on the Park

Creamette Historic Lofts

ELEVATE Apartment Homes

East End

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Kenwood Gables

1500 Nicollet

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SECOND AND SECOND

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Huck Apartments

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Duffey Lofts
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.

Marquee

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Moment

The Hall Lofts

The Metro Apartments

Intersect

1010 Lofts

Soo Line

Third North Apartments

Artistry on 10th

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Velo
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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270 Hennepin

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Hencen

Eitel Apartments

240 Park Avenue

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Coze Flats

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Sawyer Apartments

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Sora

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NoLo Living

700 Central Historic Lofts & New Flats

9th Street Flats
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.

LPM Apartments

Groove Lofts

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Junction Flats

Marquette Place

HQ Apartments

Maverick

Viridium Apartments

Forte on the Park

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The Paxon

Mill City Apartments
Downtown Minneapolis - 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!

210 N 2nd St

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The Archive

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Ironclad Residential

2nd Street Lofts
Downtown Minneapolis, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Downtown Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Minneapolis Studio Apartments | $1,292 | $632 | $2,599 |
Downtown Minneapolis 1 Bedroom Apartments | $1,703 | $758 | $5,800 |
| Downtown Minneapolis 2 Bedroom Apartments | $2,661 | $995 | $10,000+ |
| Downtown Minneapolis 3 Bedroom Apartments | $4,914 | $1,800 | $10,000+ |
| Downtown Minneapolis 4 Bedroom Apartments | $4,581 | $3,822 | $5,341 |
Explore Minneapolis
Frequently Asked Questions about Cheap Downtown Minneapolis Apartments
What is a cheap apartment in Downtown Minneapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Minneapolis is under $723.
What is the price of a cheap apartment in Downtown Minneapolis?
The cheapest apartment in Downtown Minneapolis is Shelby Commons which is listed at $624, while the average apartment in Downtown Minneapolis costs $4,581.
What types of apartments are the cheapest in Downtown Minneapolis?
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 123 regular apartments in Downtown Minneapolis 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 Minneapolis?
Cheap apartments in Downtown Minneapolis have an average cost of $210 which is $4,371 cheaper than the average rent for all rentals in Downtown Minneapolis.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!





