Cheap Apartments for Rent in the Downtown Minneapolis Neighborhood of Minneapolis, MN from $500 (214 Rentals) Page 2 of 5

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

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FIT
Rent Specials
$1,203 - $1,858
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,850
Required Monthly Fees
$8

Total Monthly Price
$1,203 - $1,858
Studio to 2 Bedroom Apartments Available Now

FIT

515 E Grant StMinneapolis, MN 55404
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Mill City Quarter
Rent Specials
$1,213 - $1,462
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,209 - $1,458
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Mill City Quarter

300 S 2nd StMinneapolis, MN 55401
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Huck Apartments
$1,222 - $3,501
Total Monthly Price

Total Monthly Price

Base Rent
$1,066 - $3,345
Required Monthly Fees
$156

Total Monthly Price
$1,222 - $3,501
1 to 3 Bedroom Apartments Available Now

Huck Apartments

402 2nd St NEMinneapolis, MN 55413
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Arrive Loring Park
Rent Specials
$1,229 - $2,049
Total Monthly Price

Total Monthly Price

Base Rent
$1,229 - $2,049

Total Monthly Price
$1,229 - $2,049
1 to 2 Bedroom Apartments Available Now

Arrive Loring Park

18 W 15th StMinneapolis, MN 55403
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City Place Lofts
Rent Specials
$1,249
Total Monthly Price

Total Monthly Price

Base Rent
$1,245
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jul 31

City Place Lofts

730 Hennepin AveMinneapolis, MN 55403
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property at 15 S 1st St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

Studio, 1 Bath Home for Rent

Available Now

15 S 1st St

MinneapolisMN55401

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 1204 Harmon Pl

$1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

1204 Harmon Pl, Unit #10

1204 Harmon Pl
MinneapolisMN55403
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Third North Apartments
$1,278 - $1,857
Total Monthly Price

Total Monthly Price

Base Rent
$1,270 - $1,849
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Third North Apartments

800 N 3rd StMinneapolis, MN 55401
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East Village
Rent Specials
$1,300 - $1,800
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $1,800

Total Monthly Price
$1,300 - $1,800
1 to 2 Bedroom Apartments Available Now

East Village

1423 S 11th AveMinneapolis, MN 55404
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1500 Nicollet
Rent Specials
$1,300 - $2,796
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $2,791
Required Monthly Fees
$5

Total Monthly Price
$1,300 - $2,796
Studio to 3 Bedroom Apartments Available Now

1500 Nicollet

1500 Nicollet Ave SMinneapolis, MN 55403
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Variant
$1,305 - $3,009
Total Monthly Price

Total Monthly Price

Base Rent
$1,305 - $3,009

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Variant

315 N 7th AveMinneapolis, MN 55401
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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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The Hall Lofts
Rent Specials
$1,317 - $4,663
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $4,645
Required Monthly Fees
$18

Total Monthly Price
$1,317 - $4,663
Studio to 3 Bedroom Apartments Available Now

The Hall Lofts

608 N 3rd StMinneapolis, MN 55403
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Hencen
Rent Specials
$1,332 - $2,786
Total Monthly Price

Total Monthly Price

Base Rent
$1,152 - $2,606
Required Monthly Fees
$180

Total Monthly Price
$1,332 - $2,786
Studio to 2 Bedroom Apartments Available Now

Hencen

455 Central Ave SEMinneapolis, MN 55414
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Vue Apartment Homes
Rent Specials
$1,358 - $4,943
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $4,935
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Vue Apartment Homes

415 Oak G...Minneapolis, MN 55403
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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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Kenwood Gables
Rent Specials
$1,380 - $3,065
Total Monthly Price

Total Monthly Price

Base Rent
$1,380 - $3,065

Total Monthly Price
$1,380 - $3,065
Studio to 2 Bedroom Apartments Available Now

Kenwood Gables

700 Douglas AveMinneapolis, MN 55403
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Viridium Apartments
Rent Specials
$1,383 - $4,638
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $4,630
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Viridium Apartments

721 N Third StMinneapolis, MN 55401
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Stone Arch I
$1,392 - $1,699
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,388 - $1,695
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Stone Arch I

601-701 Main St SEMinneapolis, MN 55414
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Bowler Lofts
Rent Specials
$1,395 - $1,525
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,395 - $1,525

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Bowler Lofts

1506 Laurel AveMinneapolis, MN 55403
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Eitel Apartments
Rent Specials
$1,398 - $2,566
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $2,563
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Eitel Apartments

1367 Willow StMinneapolis, MN 55403
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property at 210 W Grant St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Now

210 W Grant St

MinneapolisMN55403

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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LPM Apartments
Rent Specials
$1,408 - $8,963
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $8,955
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

LPM Apartments

1369 Spruce PlMinneapolis, MN 55403
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Rafter
Rent Specials
$1,418 - $5,341
Total Monthly Price

Total Monthly Price

Base Rent
$1,358 - $5,281
Required Monthly Fees
$60

Total Monthly Price
$1,418 - $5,341
Studio to 3 Bedroom Apartments Available Now

Rafter

333 E Hennepin AveMinneapolis, MN 55414
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Maverick
$1,423 - $4,673
Total Monthly Price

Total Monthly Price

Base Rent
$1,415 - $4,665
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Maverick

120 Hennepin AveMinneapolis, MN 55401
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NoLo Living
$1,427 - $2,727
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $2,695
Required Monthly Fees
$32

Total Monthly Price
$1,427 - $2,727
Studio to 2 Bedroom Apartments Available Now

NoLo Living

815 N 2nd StMinneapolis, MN 55401
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Sawyer Apartments
$1,428 - $2,701
Total Monthly Price

Total Monthly Price

Base Rent
$1,322 - $2,595
Required Monthly Fees
$106

Total Monthly Price
$1,428 - $2,701
Studio to 2 Bedroom Apartments Contact Us For Availability

Sawyer Apartments

338 2nd St NEMinneapolis, MN 55413
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270 Hennepin
$1,431 - $7,481
Total Monthly Price

Total Monthly Price

Base Rent
$1,360 - $7,410
Required Monthly Fees
$71

Total Monthly Price
$1,431 - $7,481
Studio to 3 Bedroom Apartments Available Now

270 Hennepin

270 Hennepin AveMinneapolis, MN 55402
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Junction Flats
$1,434 - $7,714
Total Monthly Price

Total Monthly Price

Base Rent
$1,434 - $7,714

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Junction Flats

643 N 5th StMinneapolis, MN 55401
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HQ Apartments
Rent Specials
$1,436 - $3,916
Total Monthly Price

Total Monthly Price

Base Rent
$1,386 - $3,866
Required Monthly Fees
$50

Total Monthly Price
$1,436 - $3,916
Studio to 3 Bedroom Apartments Available Now

HQ Apartments

816 Portland Ave SMinneapolis, MN 55404
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Red 20 Apartments
$1,437 - $3,217
Total Monthly Price

Total Monthly Price

Base Rent
$1,426 - $3,206
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Red 20 Apartments

20 6th St NEMinneapolis, MN 55413
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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.

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 $795.

What is the price of a cheap apartment in Downtown Minneapolis?

The cheapest apartment in Downtown Minneapolis is Haverhill Apartments which is listed at $782, while the average apartment in Downtown Minneapolis costs $4,650.

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 114 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 $510 which is $4,140 cheaper than the average rent for all rentals in Downtown Minneapolis.

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.

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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

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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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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

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Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.