
Cheap Homes for Rent in Downtown Minneapolis Neighborhood of Minneapolis, MN from $1,100 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Minneapolis area of Minneapolis.


433 S 7th St, Unit #2102

Total Monthly Price
10 E 18th St

711 University Ave SE

19 S 1st St
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.

1920 S 1st St

415 4th St SE

1225 La Salle Ave

Total Monthly Price
10 E 18th St

110 1st Ave NE, Unit F604 - FRLLC
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.

127 5th St NE, Unit 106

19 S 1st St, Unit B1102

121 Washington Ave S, Unit 440

611 6th St SE, Unit 611-1

500 E Grant St
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.

433 S 7th St

708 S 19th Ave
Downtown Minneapolis, Minneapolis, MN Local Guide

How much does it cost to rent a home in Downtown Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Minneapolis 2 Bedroom Homes for Rent | $2,461 | $1,195 | $3,495 |
| Downtown Minneapolis 3 Bedroom Homes for Rent | $3,396 | $1,600 | $6,000 |
| Downtown Minneapolis 4 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
| Downtown Minneapolis 5 Bedroom Homes for Rent | $2,850 | $2,850 | $2,850 |
| Downtown Minneapolis 6 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Downtown Minneapolis Neighborhood of Minneapolis, MN.
Explore Minneapolis
Downtown Minneapolis, Minneapolis, MN Local Guide
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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. Shoreline Plaza has the second lowest priced unit, which is a Studio apartment currently listed from $653. 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 |
| 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 |
Best Value Apartments for Rent in Downtown Minneapolis, MN
As of February 06, 2026 the best value apartment in the Downtown Minneapolis area is the $1.39 price per square foot 926 13th Ave S Model at 926 13th Ave S, Unit 2 in the in the Greater Central neighborhood starting from $2,950. The second greatest value Downtown Minneapolis apartment is the 2 Bedroom Model at Sela Campus University Apartments starting at $1,250 with a $1.28 price per square foot in the University Of Minnesota 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. |
|---|---|---|---|
| 926 13th Ave S, Unit 2 | 926 13th Ave S | 4BR,2BA | $1.39 |
| Sela Campus University Apartments | 2 Bedroom | 2BR,1BA | $1.28 |
| Shelby Commons | Two Bedroom | 2BR,1BA | $1.41 |
| Three-Thirty-Three Oak Grove | 1 bed 1 Beth | 1BR,1BA | $1.09 |
| Haverhill Apartments | 1BR/1.0BA | 1BR,1BA | $1.04 |
| 409 University Ave SE | 1 Bedroom Apt | 1BR,1BA | $1.50 |
| 1400-1408 Spruce Pl – Oak Grove Downtown | Spruce 1 Bedroom | 1BR,1BA | $1.57 |
| Seven Corners | 1 Bedroom | 1BR,1BA | $1.52 |
| 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.
Read ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown Minneapolis, Minneapolis, MN
Ranked #13
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Minneapolis
What type of rentals are currently available in Downtown Minneapolis?
There are currently 458 Apartments for Rent in Downtown Minneapolis, MN with pricing that ranges from $653 to $14,031. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Minneapolis ranging from $1,195 to $6,000.
What is the current price range for Rental Homes in Downtown Minneapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Minneapolis ranges from $1,195 to $6,000 with an average monthly rent of $3,012.
How much are larger Three and Four Bedroom Rentals in Downtown Minneapolis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Minneapolis range from $1,536 to $9,901, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $6,000. Four Bedroom Single-Family rentals are also available starting from $5,000 and Four Bedroom Apartments start at $1,750.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.