121 Washington Ave S, Unit 716G
121 Washington Ave S
MinneapolisMN55401
Cheap Homes for Rent in Downtown Minneapolis Neighborhood of Minneapolis, MN from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Minneapolis area of Minneapolis.
close
View Me
$1,2001 Bedroom Apartments Available Now
521 S 7th St
521 S 7th StMinneapolis, MN 55415
close
View Me
$1,2502 Bedroom Apartments Available Now
515 5th St SE
515 5th St SEMinneapolis, MN 55414
609 S 9th St
MinneapolisMN55404
11 S 12th St
MinneapolisMN55403
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.
19 S 1st St
MinneapolisMN55401
929 Portland Ave
MinneapolisMN55404
1225 La Salle Ave
MinneapolisMN55403
15 S 1st St, Unit A1504
15 S 1st St
MinneapolisMN55401
400 N 1st St, Unit #302
400 N 1st St
MinneapolisMN55401
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.
close
View Me
$1,7501 Bedroom Apartments Available Now
1802 11th Ave S
1802 11th Ave SMinneapolis, MN 55404
Showing Results 1-11, Page 1 of 1
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 a home in Downtown Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Minneapolis 2 Bedroom Homes for Rent | $2,936 | $1,995 | $4,630 |
| Downtown Minneapolis 3 Bedroom Homes for Rent | $3,747 | $1,995 | $5,499 |
| Downtown Minneapolis 4 Bedroom Homes for Rent | $2,210 | $2,000 | $2,450 |
| Downtown Minneapolis 5 Bedroom Homes for Rent | $2,885 | $2,675 | $3,095 |
| Downtown Minneapolis 6 Bedroom Homes for Rent | $3,995 | $3,995 | $3,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 11 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
- 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. Shelby Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $624. 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 |
| Shelby Commons | One Bedroom | 1BR,1BA | $624 |
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| Copenhagen Enterprises | 1728 3rd Ave Studio | Studio,1BA | $725 |
Best Value Apartments for Rent in Downtown Minneapolis, MN
As of April 01, 2026 the best value apartment in the Downtown Minneapolis area is the $1.16 price per square foot 516 4th Ave SE Model at 516 4th Ave SE, Unit 516 in the in the University Of Minnesota neighborhood starting from $2,900. The second greatest value Downtown Minneapolis apartment is the 926 13th Ave S Model at 926 13th Ave S, Unit 2 starting at $2,950 with a $1.39 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. |
|---|---|---|---|
| 516 4th Ave SE, Unit 516 | 516 4th Ave SE | 6BR,2BA | $1.16 |
| 926 13th Ave S, Unit 2 | 926 13th Ave S | 4BR,2BA | $1.39 |
| 715 6th Ave SE, Unit Upper | 715 6th Ave SE | 5BR,2BA | $1.30 |
| Sela Campus University Apartments | 2 Bedroom | 2BR,1BA | $1.28 |
| The Villa Apartments | 2BR/1.0BA | 2BR,1BA | $1.52 |
| Haverhill Apartments | 2BR/1.0BA | 2BR,1BA | $1.18 |
| Three-Thirty-Three Oak Grove | 1 bed 1 Beth | 1BR,1BA | $1.09 |
| 409 University Ave SE | 1 Bedroom Apt | 1BR,1BA | $1.50 |
| Remington Apartments | Studio September Move In | Studio ,1BA | $1.35 |
| Spruce Place Apartments | 1 Bed | 1BR,1BA | $1.45 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
Let everyone know!
Do you know the Downtown Minneapolis area?
If you’re an expert on all things Downtown Minneapolis, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleDowntown Minneapolis, Minneapolis, MN
Ranked #11
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 465 Apartments for Rent in Downtown Minneapolis, MN with pricing that ranges from $624 to $13,719. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Minneapolis ranging from $1,045 to $5,499.
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 $1,045 to $5,499 with an average monthly rent of $2,763.
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 $1,800 to $13,719, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $5,499. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,950.
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.