
Cheap Apartments for Rent in the Downtown Neighborhood of Minneapolis, MN from $400 (203 Rentals) Page 4 of 5
Search the lowest-cost Apartments available for rent right now in the Downtown area of Minneapolis.


316 On The Park

Gladstone Apartments

322 Clifton Ave

1830 Stevens Ave

Cromwell Commons

1929 S 3rd Ave

The Wellstone

1806 3rd Ave

1615 11th Ave S

The Maryland

Nicollet Towers

1915 3rd Ave S

1828 Park Ave

Loring Park Apartments

1302 Linden

1524 LaSalle Ave - Boutique Brownstone with Built-In Charm

8th on Campus

Lume

Franklin Villa

Appleton Villa

621 5th Ave.

The Chelsea

The Cameron North Loop

4th Street Apartments

Archer Apartments

1101 S 7th St

Elliot East Condos

Barnabas Apartments

242 West Franklin Ave

First Avenue Apartments

Yale Place Apartments

Santiago Apartments

507 4th St SE

St Anthony Historic

Madison Apartments

Oliver & Wendell Apartments

Ox-Op Apartments

1501

Green Rock

409 7th St

516 5th St SE

310 8th St SE

East Village South

La Pompadour Apartments

North Loop Green 360

Solhavn / Soltva / NoLo Flats

403 6th St SE

Gatsby Apartments

The Jourdain
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 | $1,304 | $653 | $2,239 |
| Downtown 1 Bedroom Apartments | $1,715 | $792 | $8,259 |
| Downtown 2 Bedroom Apartments | $2,640 | $907 | $10,000+ |
| Downtown 3 Bedroom Apartments | $3,594 | $1,325 | $9,861 |
| Downtown 4 Bedroom Apartments | $4,475 | $2,600 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 203 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 $745.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Shoreline Plaza which is listed at $792, while the average apartment in Downtown costs $3,750.
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 185 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 $744 which is $3,006 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.