629 6th St SE
MinneapolisMN55414
Cheap Apartments for Rent in the Downtown Neighborhood of Minneapolis, MN from $400 (208 Rentals) Page 2 of 5
Search the lowest-cost Apartments available for rent right now in the Downtown area of Minneapolis.
close
View Me
Rent Specials
$1,103 - $2,830
Plus Fees
Studio to 2 Bedroom Apartments Available NowMarquee
1410 Nicollet AveMinneapolis, MN 55403
close
View Me
Rent Specials
$1,110 - $1,296
Plus Fees
Studio to 1 Bedroom Apartments Available NowRivergate Apartments
115 2nd Ave SMinneapolis, MN 55401
close
View Me
Rent Specials
$1,125 - $2,205
Plus Fees
1 Bedroom Apartments Available NowRidgewood Arches
221-229 Ridgewood AveMinneapolis, MN 55403
410 6th St SE
MinneapolisMN55414
close
View Me
Rent Specials
$1,160 - $6,395
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowThe Larking
615 S 8th StMinneapolis, MN 55404
close
View Me
$1,189 - $2,089
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowMinnehaha 94
1901 Minnehaha AveMinneapolis, MN 55404
11 S 12th St
MinneapolisMN55403
close
View Me
Rent Specials
$1,195 - $1,346
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowThe Redwell
1020 3rd St NMinneapolis, MN 55401
close
View Me
$1,195 - $1,395
Plus Fees
1 to 2 Bedroom Apartments Available Now1st Avenue Flats
1821 1st Ave SMinneapolis, MN 55403
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.
close
View Me
Rent Specials
$1,203 - $3,932
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,145 - $3,874
Required Monthly Fees
$58
Total Monthly Price
$1,203 - $3,932
Duffey Lofts
528 N Washington AveMinneapolis, MN 55401
close
View Me
Rent Specials
$1,213 - $1,642
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,209 - $1,638
Required Monthly Fees
$4
Total Monthly Price
$1,213 - $1,642
Mill City Quarter
300 S 2nd StMinneapolis, MN 55401
close
View Me
Rent Specials
$1,235 - $1,905
Plus Fees
Studio to 2 Bedroom Apartments Available NowArrive Loring Park
18 W 15th StMinneapolis, MN 55403
close
View Me
$1,235 - $2,725
Plus Fees
Studio to 2 Bedroom Apartments Available Now1010 Lofts
1010 S 7th StMinneapolis, MN 55415
close
View Me
Rent Specials
$1,243 - $1,739
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $1,695
Required Monthly Fees
$44
Total Monthly Price
$1,243 - $1,739
Stone Arch I
601-701 Main St SEMinneapolis, MN 55414
close
View Me
Rent Specials
$1,245
Plus Fees
1 Bedroom Apartments Available NowBowler Lofts
1506 Laurel AveMinneapolis, MN 55403
close
View Me
$1,245
Plus Fees
1 Bedroom Apartments Available Now416 Property LLC
416 10th Ave NMinneapolis, MN 55401
close
View Me
Rent Specials
$1,249 - $1,490
Total Monthly Price
Studio to 2 Bedroom Apartments Available Mar 6, 2026Total Monthly Price
Base Rent
$1,245 - $1,486
Required Monthly Fees
$4
Total Monthly Price
$1,249 - $1,490
City Place Lofts
730 Hennepin AveMinneapolis, MN 55403
close
View Me
$1,250 - $2,550
Plus Fees
Studio to 2 Bedroom Apartments Available NowMill District City Club
225 Portland AveMinneapolis, MN 55401
close
View Me
$1,250 - $2,700
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRiverside Homes
617 19th AveMinneapolis, MN 55454
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.
close
View Me
Rent Specials
$1,260 - $2,265
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,260 - $2,265
Total Monthly Price
$1,260 - $2,265
Sora
600 S 5th AveMinneapolis, MN 55415
close
View Me
Rent Specials
$1,262 - $4,293
Plus Fees
Studio to 3 Bedroom Apartments Available NowSoo Line
101 S 5th StMinneapolis, MN 55402
close
View Me
$1,275 - $1,950
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Metro Apartments
90 S 9th StMinneapolis, MN 55402
close
View Me
Rent Specials
$1,279 - $1,894
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,275 - $1,890
Required Monthly Fees
$4
Total Monthly Price
$1,279 - $1,894
Lago Apartments
500 W Lake StMinneapolis, MN 55408
close
View Me
Rent Specials
$1,281 - $2,851
Plus Fees
Studio to 3 Bedroom Apartments Available NowHQ Apartments
816 Portland Ave SMinneapolis, MN 55404
close
View Me
close
View Me
Rent Specials
$1,296 - $2,430
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Palmer
600 N 5th StMinneapolis, MN 55401
close
View Me
$1,299
Plus Fees
2 Bedroom Apartments Available Now1400-1408 Spruce Pl – Oak Grove Downtown
1400-1408 Spruce PlMinneapolis, MN 55403
close
View Me
$1,300 - $1,500
Plus Fees1 Month Lease Term
1 to 2 Bedroom Apartments Available NowRunnstone Senior Living
1509 10th Ave SMinneapolis, MN 55404
close
View Me
Rent Specials
$1,304 - $2,396
Plus Fees
Studio to 4 Bedroom Apartments Available NowGroove Lofts
608 2nd Ave SMinneapolis, MN 55402
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
close
View Me
$1,320 - $3,395
Plus Fees
1 to 2 Bedroom Apartments Available NowChurchill
111 Marquette Ave SMinneapolis, MN 55401
close
View Me
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
close
View Me
$1,348 - $1,827
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowFive15 on the Park
515 15th Ave SMinneapolis, MN 55454
1920 1st Ave S
MinneapolisMN55403
close
View Me
$1,350 - $1,750
Plus Fees
1 Bedroom Apartments Available NowCreamette Historic Lofts
432 1st St NMinneapolis, MN 55401
2006 2nd Ave S
MinneapolisMN55404
close
View Me
$1,351 - $2,486
Plus Fees
Studio to 3 Bedroom Apartments Available NowRed 20 Apartments
20 6th St NEMinneapolis, MN 55413
close
View Me
Rent Specials
$1,361 - $2,023
Plus Fees
Studio to 3 Bedroom Apartments Available Now1500 Nicollet
1500 Nicollet Ave SMinneapolis, MN 55403
close
View Me
Rent Specials
$1,368 - $2,775
Plus Fees
Studio to 2 Bedroom Apartments Available NowEast End
240 Chicago AveMinneapolis, MN 55415
close
View Me
Rent Specials
$1,374 - $1,919
Plus Fees
1 to 2 Bedroom Apartments Available NowELEVATE Apartment Homes
1117 Marquette AveMinneapolis, MN 55403
Downtown - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!
close
View Me
Rent Specials
$1,375 - $4,695
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Hall Lofts
608 N 3rd StMinneapolis, MN 55403
close
View Me
Rent Specials
$1,375 - $5,570
Plus Fees
Studio to 3 Bedroom Apartments Available NowViridium Apartments
721 N Third StMinneapolis, MN 55401
close
View Me
$1,397 - $2,946
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Grand Mill District
313 Washington Ave SMinneapolis, MN 55415
650 Portland Ave
MinneapolisMN55415
close
View Me
$1,398 - $1,938
Plus Fees
1 to 3 Bedroom Apartments Available Mar 1, 2026Park & Franklin Lofts
1935 Park AveMinneapolis, MN 55404
close
View Me
$1,400 - $4,080
Plus Fees
Studio to 3 Bedroom Apartments Available NowLPM Apartments
1369 Spruce PlMinneapolis, MN 55403
509 6th St SE
MinneapolisMN55414
close
View Me
$1,415 - $2,195
Plus Fees
Studio to 2 Bedroom Apartments Available NowMill City Apartments
625 2nd StMinneapolis, MN 55401
close
View Me
Rent Specials
$1,415 - $2,663
Plus Fees
Studio to 2 Bedroom Apartments Available NowEitel Apartments
1367 Willow StMinneapolis, MN 55403
close
View Me
Rent Specials
$1,423 - $12,037
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,415 - $12,029
Required Monthly Fees
$8
Total Monthly Price
$1,423 - $12,037
365 Nicollet
365 Nicollet MallMinneapolis, MN 55401
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 | $1,295 | $642 | $2,599 |
| Downtown 1 Bedroom Apartments | $1,698 | $772 | $5,800 |
| Downtown 2 Bedroom Apartments | $2,630 | $907 | $10,000+ |
| Downtown 3 Bedroom Apartments | $3,709 | $1,325 | $10,000+ |
| Downtown 4 Bedroom Apartments | $3,306 | $2,600 | $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 208 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Let everyone know!
Do you know the Downtown area?
If 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 Review
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 $745.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Stradford Flats which is listed at $772, while the average apartment in Downtown costs $2,800.
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 175 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 $830 which is $1,970 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.
Articles, How-To's, and Tips
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.