
Cheap Apartments for Rent in the Downtown Neighborhood of Minneapolis, MN from $400 (235 Rentals) Page 4 of 5
Search the lowest-cost Apartments available for rent right now in the Downtown area of Minneapolis.


214 Oak Grove | Origen Living

Monadnock Apartments

Stadium Place

East Town Apartments

Mallbrook

1912 Stevens Ave

401-4TH

Stevens Square Apartments

The Hollywood

316 On The Park

Gladstone Apartments

322 Clifton Ave

1830 Stevens Ave

1929 S 3rd Ave

319-8TH

800-UNIV

The Wellstone

1806 3rd Ave

1615 11th Ave S

The Maryland

Nicollet Towers

728 East 16th Street (New Town)

718-4TH

1828 Park Ave

1915 3rd Ave S

1302 Linden

Loring Park Apartments

The Jameson Apartments

1920 3rd Ave S

1524 Lasalle Ave

801-UNIV

1600

8th on Campus

Franklin Villa

Appleton Villa

Park & Franklin Lofts

416 Lofts

621 5th Ave.

The Chelsea

327 University Ave SE

Drexel Apartments

4th Street Apartments

1101 S 7th St

Elliot East Condos

214 Place Apartments

Barnabas Apartments

Green Rock

First Avenue Apartments

Yale Place Apartments
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 | $1,302 | $653 | $2,584 |
| Downtown 1 Bedroom Apartments | $1,746 | $782 | $6,639 |
| Downtown 2 Bedroom Apartments | $2,680 | $907 | $9,028 |
| Downtown 3 Bedroom Apartments | $3,345 | $1,325 | $9,303 |
| Downtown 4 Bedroom Apartments | $2,876 | $2,000 | $5,341 |
Browse Apartments in this Neighborhood
There are currently 235 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 $796.
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 $1,783.
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 157 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 $816 which is $967 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

Authentic Minneapolis: An Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.