Search the lowest-cost Apartments available for rent right now in the Downtown area of Minneapolis.
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Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,285 | $653 | $2,843 |
| Downtown 1 Bedroom Apartments | $1,710 | $782 | $8,819 |
| Downtown 2 Bedroom Apartments | $2,696 | $907 | $10,000+ |
| Downtown 3 Bedroom Apartments | $3,888 | $1,325 | $10,000+ |
| Downtown 4 Bedroom Apartments | $3,255 | $2,600 | $5,341 |
There are currently 222 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisIf you’re an expert on all things Downtown, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewA cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $782.
The cheapest apartment in Downtown is Haverhill Apartments which is listed at $782, while the average apartment in Downtown costs $3,000.
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 177 regular apartments in Downtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Downtown have an average cost of $840 which is $2,160 cheaper than the average rent for all rentals in Downtown.
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.
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.
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
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.
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.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.
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.
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