15 S 1st St, Unit A1516
15 S 1st St
MinneapolisMN55401
Cheap Apartments for Rent in the Downtown Neighborhood of Minneapolis, MN from $400 (223 Rentals) Page 2 of 5
Search the lowest-cost Apartments available for rent right now in the Downtown area of Minneapolis.
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$1,115
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Aug 21Total Monthly Price
Base Rent
$1,100
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1400–1408 Spruce Pl – Oak Grove Downtown
1400-1408 Spruce PlMinneapolis, MN 55403
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$1,125 - $1,346
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,125 - $1,346
Total Monthly Price
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The Redwell
1020 3rd St NMinneapolis, MN 55401
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$1,145
Total Monthly Price
1 Bedroom Apartments Available Aug 1Total Monthly Price
Base Rent
$990
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Total Monthly Price
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1910 1st Ave S
1910 1st Ave SMinneapolis, MN 55403
220 E 19th St
MinneapolisMN55403
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$1,150 - $2,600
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRiverside Homes
617 19th AveMinneapolis, MN 55454
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Rent Specials
$1,168 - $1,316
Plus Fees
Studio to 1 Bedroom Apartments Available NowRivergate Apartments
115 2nd Ave SMinneapolis, MN 55401
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Rent Specials
$1,183 - $3,269
Plus Fees
Studio to 1 Bedroom Apartments Available NowDuffey Lofts
528 N Washington AveMinneapolis, MN 55401
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Rent Specials
$1,199 - $1,350
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,199 - $1,350
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Stone Arch II
520 2nd St SEMinneapolis, MN 55414
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$1,200
Plus Fees
2 Bedroom Apartments Available Sep 1317 6th Ave SE
317 6th Ave SEMinneapolis, MN 55414
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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$1,203 - $2,159
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $2,155
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Lago Apartments
500 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,203 - $1,858
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,850
Required Monthly Fees
$8
Total Monthly Price
$1,203 - $1,858
FIT
515 E Grant StMinneapolis, MN 55404
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Rent Specials
$1,206 - $9,001
Plus Fees
Studio to 2 Bedroom Apartments Available NowArtistry on 10th
95 S 10th StMinneapolis, MN 55403
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Rent Specials
$1,213 - $1,462
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,209 - $1,458
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Total Monthly Price
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Mill City Quarter
300 S 2nd StMinneapolis, MN 55401
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Rent Specials
$1,249
Total Monthly Price
Studio to 2 Bedroom Apartments Available Jul 31Total Monthly Price
Base Rent
$1,245
Required Monthly Fees
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Total Monthly Price
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City Place Lofts
730 Hennepin AveMinneapolis, MN 55403
431 S 7th St, Unit Apt 2610
431 S 7th St
MinneapolisMN55415
1204 Harmon Pl, Unit #10
1204 Harmon Pl
MinneapolisMN55403
15 S 1st St
MinneapolisMN55401
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Rent Specials
$1,259 - $2,589
Plus Fees
1 to 2 Bedroom Apartments Available NowArrive Loring Park
18 W 15th StMinneapolis, MN 55403
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Rent Specials
$1,278 - $2,995
Plus Fees
Studio to 2 Bedroom Apartments Available NowEast End
240 Chicago AveMinneapolis, MN 55415
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.
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$1,278 - $1,857
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,270 - $1,849
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Third North Apartments
800 N 3rd StMinneapolis, MN 55401
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$1,280 - $3,394
Plus Fees
Studio to 3 Bedroom Apartments Available NowLoring Park
1300 Yale PlMinneapolis, MN 55403
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$1,300 - $1,500
Plus Fees1 Month Lease Term
1 to 2 Bedroom Apartments Available NowRunnstone Senior Living
1509 10th Ave SMinneapolis, MN 55404
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Rent Specials
$1,300 - $1,800
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowEast Village
1423 S 11th AveMinneapolis, MN 55404
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$1,300 - $2,000
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Metro Apartments
90 S 9th StMinneapolis, MN 55402
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Rent Specials
$1,312 - $2,813
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,307 - $2,808
Required Monthly Fees
$5
Total Monthly Price
$1,312 - $2,813
1500 Nicollet
1500 Nicollet Ave SMinneapolis, MN 55403
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Rent Specials
$1,317 - $4,663
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,299 - $4,645
Required Monthly Fees
$18
Total Monthly Price
$1,317 - $4,663
The Hall Lofts
608 N 3rd StMinneapolis, MN 55403
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Rent Specials
$1,325 - $2,395
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Abbey Apartments
47 Spruce PlMinneapolis, MN 55403
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$1,328
Plus Fees
1 Bedroom Apartments Available Sep 8Ladder 260
260 Portland AveMinneapolis, MN 55415
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Rent Specials
$1,331 - $2,397
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowOne Ten Grant
110 W Grant StMinneapolis, MN 55403
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
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Rent Specials
$1,332 - $2,651
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,152 - $2,471
Required Monthly Fees
$180
Total Monthly Price
$1,332 - $2,651
Hencen
455 Central Ave SEMinneapolis, MN 55414
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Rent Specials
$1,333 - $8,963
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,325 - $8,955
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LPM Apartments
1369 Spruce PlMinneapolis, MN 55403
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Rent Specials
$1,336 - $3,966
Plus Fees
Studio to 3 Bedroom Apartments Available NowSoo Line
101 S 5th StMinneapolis, MN 55402
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Rent Specials
$1,343 - $4,008
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,335 - $4,000
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The Grand Mill District
313 Washington Ave SMinneapolis, MN 55415
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$1,350 - $1,870
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Palmer
600 N 5th StMinneapolis, MN 55401
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$1,359 - $1,582
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowMinnehaha 94
1901 Minnehaha AveMinneapolis, MN 55404
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Rent Specials
$1,373 - $1,623
Plus Fees
1 to 2 Bedroom Apartments Available NowELEVATE Apartment Homes
1117 Marquette AveMinneapolis, MN 55403
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$1,375 - $1,540
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,375 - $1,540
Total Monthly Price
$1,375 - $1,540
Bowler Lofts
1506 Laurel AveMinneapolis, MN 55403
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Rent Specials
$1,383 - $4,638
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,375 - $4,630
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Viridium Apartments
721 N Third StMinneapolis, MN 55401
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Rent Specials
$1,388 - $7,283
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,380 - $7,275
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4th and Park
700 S 4th StMinneapolis, MN 55415
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Rent Specials
$1,389 - $2,265
Plus Fees
Studio to 4 Bedroom Apartments Available NowGroove Lofts
608 2nd Ave SMinneapolis, MN 55402
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$1,392 - $1,746
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,388 - $1,742
Required Monthly Fees
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Total Monthly Price
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Stone Arch I
601-701 Main St SEMinneapolis, MN 55414
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$1,395
Plus Fees
Studio Apartments Contact Us For AvailabilityRobitshek Lofts
25 N 4th StMinneapolis, MN 55401
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$1,395 - $2,150
Plus Fees
1 to 2 Bedroom Apartments Available NowCreamette Historic Lofts
432 1st St NMinneapolis, MN 55401
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Rent Specials
$1,395 - $4,126
Plus Fees
1 to 2 Bedroom Apartments Available NowSecond & Second
120 2nd St NMinneapolis, MN 55401
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Rent Specials
$1,400 - $4,890
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Ellory
225 Portland AveMinneapolis, MN 55401
210 W Grant St
MinneapolisMN55403
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Rent Specials
$1,408 - $3,488
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,400 - $3,480
Required Monthly Fees
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Total Monthly Price
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7west
1800 Washington Ave SMinneapolis, MN 55454
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$1,427 - $2,952
Total Monthly Price
Studio to 2 Bedroom Apartments Available Jul 7Total Monthly Price
Base Rent
$1,422 - $2,947
Required Monthly Fees
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Total Monthly Price
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Velo
115 N 2nd StMinneapolis, MN 55401
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$1,427 - $2,757
Total Monthly Price
Studio to 2 Bedroom Apartments Available Jul 6Total Monthly Price
Base Rent
$1,395 - $2,725
Required Monthly Fees
$32
Total Monthly Price
$1,427 - $2,757
NoLo Living
815 N 2nd StMinneapolis, MN 55401
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Showing Results 51-100, Page 2 of 5
Downtown, 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 an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,301 | $653 | $2,529 |
| Downtown 1 Bedroom Apartments | $1,777 | $782 | $6,639 |
| Downtown 2 Bedroom Apartments | $2,708 | $907 | $9,268 |
| Downtown 3 Bedroom Apartments | $3,733 | $1,325 | $10,000+ |
| Downtown 4 Bedroom Apartments | $2,814 | $2,000 | $5,341 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 223 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Minneapolis, MN.
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Frequently Asked Questions about Cheap Downtown Apartments
What is a cheap apartment in Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $800.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Haverhill Apartments which is listed at $782, while the average apartment in Downtown costs $2,700.
What types of apartments are the cheapest in Downtown?
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 171 regular apartments in Downtown 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?
Cheap apartments in Downtown have an average cost of $808 which is $1,892 cheaper than the average rent for all rentals in Downtown.
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.
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.