
Cheap Apartments for Rent in the Downtown Neighborhood of Minneapolis, MN from $400 (222 Rentals) Page 3 of 5
Search the lowest-cost Apartments available for rent right now in the Downtown area of Minneapolis.


Third North Apartments

609 S 9th St

4th and Park

Robitshek Lofts

Gatsby Apartments

Total Monthly Price
270 Hennepin

Total Monthly Price
NoLo Living

Viridium Apartments

Total Monthly Price
Red 20 Apartments

Mill City Apartments

Total Monthly Price
Junction Flats

1818 La Salle Ave

2006 2nd Ave S

Moment

650 Portland Ave

19 S 1st St

700 Central Lofts and Flats

Aberdeen Apartments

1902 4th Ave S, Unit 6A

Total Monthly Price
1500 Nicollet

Second & Second

Total Monthly Price
4Marq

Total Monthly Price
HQ Apartments

Total Monthly Price
The Paxon

Maverick

15 E Franklin Ave

240 Park Avenue

NIC on 5th

Intersect

Rafter

Minnehaha 94

2nd Street Lofts

Neon Flats Apartments

929 Portland Ave

9th Street Flats

Dundry House

Paige Hall

The Adams

Buri Manor

The Balmoral

Holmes Park Village

Riverside Plaza

The Kensington

Elliot Court Apartments

720 6th Ave SE

Remmington Campus Apartments

Brownstones Downtown

1912 3rd Ave

The Archdale
Downtown, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Downtown?
| 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 |
Browse Apartments in this Neighborhood
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 MinneapolisExplore Minneapolis
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 $782.
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 $3,000.
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 177 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 $840 which is $2,160 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

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.