Cheap Apartments for Rent in the Downtown Minneapolis Neighborhood of Minneapolis, MN from $500 (214 Rentals) Page 3 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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700 Central Lofts and Flats
Rent Specials
$1,445 - $1,687
Total Monthly Price

Total Monthly Price

Base Rent
$1,437 - $1,679
Required Monthly Fees
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Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

700 Central Lofts and Flats

700 NE Central AveMinneapolis, MN 55414
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605 S 9th St, Unit APT 7
$1,450
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450
1 Bedroom Apartment Available Jul 31

605 S 9th St, Unit APT 7

605 S 9th StMinneapolis, MN 55404
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Intersect
$1,470 - $2,970
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $2,895
Required Monthly Fees
$75

Total Monthly Price
$1,470 - $2,970
1 to 2 Bedroom Apartments Available Jul 25

Intersect

310 N 2nd StMinneapolis, MN 55401
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The Paxon
$1,475 - $3,104
Total Monthly Price

Total Monthly Price

Base Rent
$1,470 - $3,099
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Paxon

360 N 1st StMinneapolis, MN 55401
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Gatsby Apartments
Rent Specials
$1,483 - $3,043
Total Monthly Price

Total Monthly Price

Base Rent
$1,475 - $3,035
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Gatsby Apartments

1400 Park AveMinneapolis, MN 55404
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Sora
Rent Specials
$1,502 - $3,925
Total Monthly Price

Total Monthly Price

Base Rent
$1,502 - $3,925

Total Monthly Price
$1,502 - $3,925
Studio to 2 Bedroom Apartments Available Now

Sora

600 S 5th AveMinneapolis, MN 55415
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Velo
$1,516 - $3,425
Total Monthly Price

Total Monthly Price

Base Rent
$1,511 - $3,420
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Velo

115 N 2nd StMinneapolis, MN 55401
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NIC on 5th
$1,520 - $8,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,520 - $8,495

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

NIC on 5th

465 Nicollet MallMinneapolis, MN 55401
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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!

property at 433 S 7th St

$1,550

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

1 Bedroom, 1 Bath Condo for Rent

Available Now

433 S 7th St, Unit 1607

433 S 7th St
MinneapolisMN55415
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4th and Park
Rent Specials
$1,558 - $6,758
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $6,750
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

4th and Park

700 S 4th StMinneapolis, MN 55415
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4Marq
Rent Specials
$1,568 - $3,733
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $3,715
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Aug 12

4Marq

400 Marquette AveMinneapolis, MN 55401
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property at 20 NE 2nd St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

Studio, 1 Bath Home for Rent

Available Aug 5

20 NE 2nd St

MinneapolisMN55413
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7west
Rent Specials
$1,613 - $3,488
Total Monthly Price

Total Monthly Price

Base Rent
$1,605 - $3,480
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

7west

1800 Washington Ave SMinneapolis, MN 55454
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Nordhaus Apartment Homes
$1,619 - $11,439
Total Monthly Price

Total Monthly Price

Base Rent
$1,619 - $11,439

Total Monthly Price
$1,619 - $11,439
Studio to 3 Bedroom Apartments Available Now

Nordhaus Apartment Homes

309-315 1st Ave NEMinneapolis, MN 55413
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The Grand Mill District
Rent Specials
$1,628 - $3,488
Total Monthly Price

Total Monthly Price

Base Rent
$1,620 - $3,480
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Aug 22

The Grand Mill District

313 Washington Ave SMinneapolis, MN 55415
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property at 720 3rd Ave NE

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Home for Rent

Available Now

720 3rd Ave NE

MinneapolisMN55414
property at 433 S 7th St

$1,650

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Condo for Rent

Available Now

433 S 7th St, Unit 2116

433 S 7th St
MinneapolisMN55415
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Phoenix North Loop
$1,699 - $2,799
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,699 - $2,799

Total Monthly Price
$1,699 - $2,799
1 to 2 Bedroom Apartments Available Now

Phoenix North Loop

915 Washington Ave NMinneapolis, MN 55401
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365 Nicollet
Rent Specials
$1,714 - $15,493
Total Monthly Price

Total Monthly Price

Base Rent
$1,706 - $15,485
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

365 Nicollet

365 Nicollet MallMinneapolis, MN 55401
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Vesi
$1,745 - $3,593
Total Monthly Price

Total Monthly Price

Base Rent
$1,737 - $3,585
Required Monthly Fees
$8

Total Monthly Price
$1,745 - $3,593
Studio to 1 Bedroom Apartments Available Jul 17

Vesi

730 1/2 N 1st StMinneapolis, MN 55401
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Expo
Rent Specials
$1,754 - $12,894
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $12,890
Required Monthly Fees
$4

Total Monthly Price
$1,754 - $12,894
Studio to 3 Bedroom Apartments Available Now

Expo

200 University Ave SEMinneapolis, MN 55414
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9th Street Flats
Rent Specials
$1,779 - $1,949
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,429 - $1,599
Required Monthly Fees
$350

Total Monthly Price
$1,779 - $1,949
1 Bedroom Apartments Available Now

9th Street Flats

330 SE 9th StMinneapolis, MN 55414
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Ironclad Residential
Rent Specials
$1,795 - $4,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,695 - $4,695
Required Monthly Fees
$100

Total Monthly Price
$1,795 - $4,795
1 to 2 Bedroom Apartments Available Now

Ironclad Residential

811 Washington Ave SMinneapolis, MN 55415
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Paige Hall
Studio to 2 Bedroom Apartments

Paige Hall

727 5th Ave SMinneapolis, MN 55415
  • Utilities Included
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Shelby Commons
1 to 3 Bedroom Apartments

Shelby Commons

188 Glenwood AveMinneapolis, MN 55405
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The Adams
Studio Apartments

The Adams

500 S 10th StMinneapolis, MN 55404
  • Utilities Included
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Buri Manor
Studio Apartments

Buri Manor

1515 Chicago AveMinneapolis, MN 55404
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The Balmoral
Studio to 1 Bedroom Apartments

The Balmoral

1005 Portland Ave SMinneapolis, MN 55404
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Holmes Park Village
1 to 3 Bedroom Apartments

Holmes Park Village

320 2nd Ave SEMinneapolis, MN 55414
  • Utilities Included
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Riverside Plaza
Studio to 4 Bedroom Apartments

Riverside Plaza

1524 6th StMinneapolis, MN 55413
  • Utilities Included
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The Kensington
Studio Apartments

The Kensington

21-27 14th St WMinneapolis, MN 55403
  • Utilities Included
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Elliot Court Apartments
Studio to 1 Bedroom Apartments

Elliot Court Apartments

1130 8th St SMinneapolis, MN 55404
  • Utilities Included
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Brownstones Downtown
Studio to 1 Bedroom Apartments

Brownstones Downtown

500-508 15th St EMinneapolis, MN 55404
  • Utilities Included
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The Archdale
Studio to 1 Bedroom Apartments

The Archdale

1600 1st Ave SMinneapolis, MN 55403
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Stadium Place
1 to 3 Bedroom Apartments

Stadium Place

1501 11th Ave SMinneapolis, MN 55404
  • Utilities Included
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Monadnock Apartments
Studio Apartments

Monadnock Apartments

900 Centennial PlMinneapolis, MN 55404
  • Utilities Included
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Lowry Hill Apartments
1 Bedroom Apartments

Lowry Hill Apartments

715 Douglas AveMinneapolis, MN 55403
  • Utilities Included
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327 University Ave SE
Studio to 2 Bedroom Apartments

327 University Ave SE

327 University Ave SEMinneapolis, MN 55414
  • Utilities Included

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.

Helpful Local Expert Guides

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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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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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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

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