
Cheap Homes for Rent in Downtown Minneapolis Neighborhood of Minneapolis, MN from $1,100 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Minneapolis area of Minneapolis.


1204 Harmon Pl

1800 La Salle Ave

433 S 7th St, Unit #1821

1800 Lasalle Ave, Unit 205
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.

433 S 7th St

427 6th St SE

1605 Portland Ave

210 W Grant St
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.

17 S 1st St, Unit A904

210 N 2nd St, Unit 203

15 S 1st St

521 S 7th St

15 S 1st St

15 S 1st St, Unit A1414

20 NE 2nd St

1822 S 5th St

410 Groveland Ave, Unit 601
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.
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 | $2,652 | $1,195 | $5,750 |
Downtown Minneapolis 3 Bedroom Homes for Rent | $5,395 | $3,795 | $6,995 |
Downtown Minneapolis 4 Bedroom Homes for Rent | $4,750 | $4,750 | $4,750 |
Browse Homes for Rent in this Neighborhood
There are currently 18 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
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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. 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 |
Buri Manor | Efficiency | Studio,1BA | $699 |
Stevens Community Apartments | Studio | Studio,1BA | $700 |
Best Value Apartments for Rent in Downtown Minneapolis, MN
As of September 10, 2025 the best value apartment in the Downtown Minneapolis area is the $1.27 price per square foot Type B Model at 416 Flats in the in the Greater Central neighborhood starting from $1,645. The second greatest value Downtown Minneapolis apartment is the 2 Bedrooms Model at St Anthony Mills Apartments starting at $1,475 with a $1.50 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. |
---|---|---|---|
416 Flats | Type B | 2BR,1BA | $1.27 |
St Anthony Mills Apartments | 2 Bedrooms | 2BR,1BA | $1.50 |
310 8th St SE | Garden 2 br | 2BR,1BA | $1.39 |
Three-Thirty-Three Oak Grove | 1 bed 1 Beth | 1BR,1BA | $1.09 |
Drexel Apartments | 1 B.R. Skyline View | 1BR,1BA | $1.53 |
1400-1408 Spruce Pl – Oak Grove Downtown | Spruce Studio | Studio ,1BA | $1.49 |
Sela Campus University Apartments | Efficiency | Studio ,1BA | $1.46 |
St. George Apartments | Studio-Deluxe | Studio ,1BA | $1.41 |
The Remington Campus Apartments | STUDIO | Studio ,1BA | $1.35 |
Stevens Community Apartments | Studio | Studio ,1BA | $1.46 |
Quick Rent Budget Calculator
How much rent can you afford?
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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 423 Apartments for Rent in Downtown Minneapolis, MN with pricing that ranges from $653 to $10,090. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Minneapolis ranging from $1,100 to $6,995.
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 $1,100 to $6,995 with an average monthly rent of $3,125.
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 $1,504 to $10,090, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,795 to $6,995. Four Bedroom Single-Family rentals are also available starting from $4,750 and Four Bedroom Apartments start at $1,700.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.