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$642
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$625
Required Monthly Fees
$17
Total Monthly Price
$642
214 Oak Grove | Origen Living
214 Oak Grove StMinneapolis, MN 55403
Cheap Apartments for Rent in the Downtown Minneapolis Neighborhood of Minneapolis, MN from $500 (196 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Minneapolis area of Minneapolis.
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$653 - $1,325
Plus Fees
Studio to 1 Bedroom Apartments Available NowShoreline Plaza
15 E Grant StMinneapolis, MN 55403
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$695 - $975
Plus Fees
Studio to 1 Bedroom Apartments Available NowSpruce Place Apartments
1365 Spruce PlMinneapolis, MN 55403
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$700 - $1,500
Plus Fees
Studio to 2 Bedroom Apartments Available NowStevens Community Apartments
128 E 18th StMinneapolis, MN 55403
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$717 - $727
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$700 - $710
Required Monthly Fees
$17
Total Monthly Price
$717 - $727
Brentwood Apartments
117-127 W Grant StMinneapolis, MN 55403
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$725 - $1,100
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowCopenhagen Enterprises
26 Oak Grove StMinneapolis, MN 55403
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$745 - $1,200
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilityThe Remington Campus Apartments
708 5th St SEMinneapolis, MN 55414
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$750 - $1,350
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowSela Campus University Apartments
701 University Ave SEMinneapolis, MN 55414
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$772 - $1,080
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowStradford Flats
16 E 15th StMinneapolis, MN 55403
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$775 - $975
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowLoring Manor Apartments
1512-1518 Spruce PlMinneapolis, MN 55403
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.
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Rent Specials
$782 - $922
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$765 - $905
Required Monthly Fees
$17
Total Monthly Price
$782 - $922
Haverhill Apartments
32-34 Spruce PlMinneapolis, MN 55403
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$795 - $1,110
Plus Fees
Studio Apartments Available NowStage Apartments, LLC
814-816 Hennepin AveMinneapolis, MN 55403
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$800 - $1,000
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowOak Grove Apartment Hotel
230 Oak Grove StMinneapolis, MN 55403
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$800
Plus Fees
Studio Apartments Contact Us For AvailabilityLoring Park Flats
330 Oak Grove StMinneapolis, MN 55403
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$815
Plus Fees12 Month Lease Term
Studio Apartments Available Now116 Oak Grove St – Oak Grove Downtown
116 Oak Grove StMinneapolis, MN 55403
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$825 - $999
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$825 - $999
Total Monthly Price
$825 - $999
Loring Grove Apartments
125 Oak Grove StMinneapolis, MN 55403
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$825 - $850
Plus Fees
1 Bedroom Apartments Available Now225/227/233 Oak Grove St – Oak Grove Downtown
233 Oak Grove StMinneapolis, MN 55403
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$825 - $1,280
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilitySt. Anthony Village
320 7th St SEMinneapolis, MN 55414
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$845 - $850
Plus Fees
Studio to 1 Bedroom Apartments Available NowThe Park Apartments
1430 Spruce PlMinneapolis, MN 55403
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$849 - $1,050
Plus Fees
Studio to 1 Bedroom Apartments Available NowSt. George Apartments
137 E 17th StMinneapolis, MN 55403
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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$850 - $1,875
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowBlue Goose Cooperative
1819 5th St SMinneapolis, MN 55454
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$850 - $1,085
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowHawthorne Gates
1205 Hawthorne AveMinneapolis, MN 55403
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$875 - $1,445
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$825 - $1,395
Required Monthly Fees
$50
Total Monthly Price
$875 - $1,445
The Villa Apartments
1111 S 7th StMinneapolis, MN 55415
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$877 - $3,173
Plus Fees
Studio to 3 Bedroom Apartments Available NowLoring Park
1300 Yale PlMinneapolis, MN 55403
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$895 - $1,385
Plus Fees
1 to 2 Bedroom Apartments Available NowGrove 94
215 Oak Grove StMinneapolis, MN 55403
1401 Willow St
MinneapolisMN55403
605 S 9th St
MinneapolisMN55404
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$903 - $953
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$899 - $949
Required Monthly Fees
$4
Total Monthly Price
$903 - $953
225 Place Apartments
225 W 15th StMinneapolis, MN 55403
706 S 9th St
MinneapolisMN55404
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$921 - $1,428
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$913 - $1,420
Required Monthly Fees
$8
Total Monthly Price
$921 - $1,428
FIT
515 E Grant StMinneapolis, MN 55404
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.
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$925 - $1,575
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowAbbott Apartments
110 18th St EMinneapolis, MN 55403
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$950 - $1,000
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThree-Thirty-Three Oak Grove
333 Oak Grove StMinneapolis, MN 55403
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$960 - $2,053
Plus Fees
Studio to 3 Bedroom Apartments Available NowNico East
1725 Nicollet AveMinneapolis, MN 55403
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$979 - $1,248
Plus Fees
Studio Apartments Available Jan 8, 2026Ladder 260
260 Portland AveMinneapolis, MN 55415
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$990 - $1,455
Total Monthly Price1 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$990 - $1,455
Total Monthly Price
$990 - $1,455
Drexel Apartments
1009 Park AveMinneapolis, MN 55404
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$990
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilitySt Anthony Mills Apartments
720 Washington Ave SMinneapolis, MN 55415
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$995
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$995
Total Monthly Price
$995
1786 Hennepin Ave S, Unit 11
1786 Hennepin Ave SMinneapolis, MN 55405
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$1,000 - $1,700
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowEast Village
1423 S 11th AveMinneapolis, MN 55404
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$1,000 - $1,644
Total Monthly Price
Studio to 1 Bedroom Apartments Available Jan 9, 2026Total Monthly Price
Base Rent
$985 - $1,629
Required Monthly Fees
$15
Total Monthly Price
$1,000 - $1,644
LaSalle Apartments
36 S 9th StMinneapolis, MN 55402
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$1,000
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now1101 S 7th St
1101 S 7th StMinneapolis, MN 55415
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
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$1,031 - $4,396
Plus Fees
Studio to 2 Bedroom Apartments Available NowArtistry on 10th
95 S 10th StMinneapolis, MN 55403
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$1,045
Total Monthly Price12 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
Base Rent
$995
Required Monthly Fees
$50
Total Monthly Price
$1,045
Studios at 7 Corners
1414 S 3rd StMinneapolis, MN 55454
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$1,050
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now409 University Ave SE
409 University Ave SEMinneapolis, MN 55414
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$1,063 - $1,203
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,059 - $1,199
Required Monthly Fees
$4
Total Monthly Price
$1,063 - $1,203
214 Place Apartments
214 W 15th StMinneapolis, MN 55403
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$1,100 - $2,500
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowLaurel Village
1254 Hennepin Ave NMinneapolis, MN 55403
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$1,100 - $2,749
Plus Fees
Studio to 2 Bedroom Apartments Available NowMarquee
1410 Nicollet AveMinneapolis, MN 55403
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$1,110 - $1,296
Plus Fees
Studio to 1 Bedroom Apartments Available NowRivergate Apartments
115 2nd Ave SMinneapolis, MN 55401
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$1,185 - $1,905
Plus Fees
Studio to 2 Bedroom Apartments Available NowArrive Loring Park
18 W 15th StMinneapolis, MN 55403
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$1,195
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195
Total Monthly Price
$1,195
Lowry Hill Apartments
1770 Hennepin AveMinneapolis, MN 55403
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.
Downtown Minneapolis, Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent an apartment in Downtown Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Minneapolis Studio Apartments | $1,321 | $642 | $2,599 |
| Downtown Minneapolis 1 Bedroom Apartments | $1,717 | $772 | $5,800 |
| Downtown Minneapolis 2 Bedroom Apartments | $2,668 | $995 | $10,000+ |
| Downtown Minneapolis 3 Bedroom Apartments | $4,730 | $1,800 | $10,000+ |
| Downtown Minneapolis 4 Bedroom Apartments | $5,341 | $5,341 | $5,341 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 196 rentals with your search options within a 2 mile radius of the Downtown Minneapolis Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Downtown Minneapolis, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Minneapolis Apartments for Rent
The cheapest available apartment rental in the Downtown Minneapolis area of Minneapolis, MN is a Studio unit found at Paige Hall priced from $551. 214 Oak Grove | Origen Living has the second lowest priced unit, which is a Studio apartment currently listed from $642. Here are the most affordable Downtown Minneapolis apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Paige Hall | Efficiency | Studio,1BA | $551 |
| 214 Oak Grove | Origen Living | 0BR/1.0BA | Studio,1BA | $642 |
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Spruce Place Apartments | Studio | Studio,1BA | $695 |
| Buri Manor | Efficiency | Studio,1BA | $699 |
| Stevens Community Apartments | Studio | Studio,1BA | $700 |
| Brentwood Apartments | 0BR/1.0BA | Studio,1BA | $717 |
| The Balmoral | Efficiency | Studio,1BA | $718 |
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| The Remington Campus Apartments | STUDIO | Studio,1BA | $745 |
Best Value Apartments for Rent in Downtown Minneapolis, MN
As of December 24, 2025 the best value apartment in the Downtown Minneapolis area is the $1.28 price per square foot 2 Bedroom Model at Sela Campus University Apartments in the in the University Of Minnesota neighborhood starting from $1,250. The second greatest value Downtown Minneapolis apartment is the Two Bedroom Model at Shelby Commons starting at $1,338 with a $1.41 price per square foot in the Greater Central neighborhood. Here is today’s list of the best values for Downtown Minneapolis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sela Campus University Apartments | 2 Bedroom | 2BR,1BA | $1.28 |
| Shelby Commons | Two Bedroom | 2BR,1BA | $1.41 |
| 1400-1408 Spruce Pl – Oak Grove Downtown | Spruce 2 Bedroom | 2BR,1BA | $1.43 |
| Three-Thirty-Three Oak Grove | 1 bed 1 Beth | 1BR,1BA | $1.09 |
| Haverhill Apartments | 1BR/1.0BA | 1BR,1BA | $1.02 |
| St. George Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.40 |
| 409 University Ave SE | 1 Bedroom Apt | 1BR,1BA | $1.50 |
| Oak Grove Apartment Hotel | 1BR/1.0BA | 1BR,1BA | $1.51 |
| The Remington Campus Apartments | STUDIO | Studio ,1BA | $1.35 |
| Stevens Community Apartments | Studio | Studio ,1BA | $1.46 |
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.
Read ArticleCash 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.
Read ArticleEnjoy 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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Pet Friendly LifestyleDowntown Minneapolis, Minneapolis, MN
Ranked #14
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Minnesota and customized analysis for Central Minneapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, family-friendly amenities, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Downtown Minneapolis Apartments
What is the Cheapest Studio apartment in Downtown Minneapolis?
Currently the most affordable Cheap Studio Apartment in Downtown Minneapolis is at Paige Hall listed at $551.
How much is rent for a Cheap One Bedroom Downtown Minneapolis Apartment?
The lowest price for a Cheap One Bedroom Downtown Minneapolis Apartment is $772 at Stradford Flats.
What is the lowest price for a Cheap Two Bedroom Downtown Minneapolis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Minneapolis is starting from $723 at Holmes Park Village.
What is the most affordable Downtown Minneapolis Three Bedroom Apartment?
The best deal on a cheap Downtown Minneapolis Three Bedroom Apartment rental is at Holmes Park Village and starts from $792.
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
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.
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.
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.
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
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!
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.