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$653 - $1,050
Plus Fees
Studio Apartments Available NowShoreline Plaza
15 E Grant StMinneapolis, MN 55403
Cheap Studio Apartments for Rent in the Downtown Neighborhood of Minneapolis, MN from $653 (124 Rentals)
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$675 - $825
Plus Fees12 Month Lease Term
Studio Apartments Available Jun 1Copenhagen Enterprises
26 Oak Grove StMinneapolis, MN 55403
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$725 - $875
Plus Fees1 Month Lease Term
Studio Apartments Contact Us For AvailabilityRose
1928 Portland AveMinneapolis, MN 55404
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$735 - $767
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$735 - $750
Required Monthly Fees
$17
Total Monthly Price
$752 - $767
Brentwood Apartments
117-127 W Grant StMinneapolis, MN 55403
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Rent Specials
$745 - $890
Total Monthly Price12 Month Lease Term
Studio Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$745 - $1,300
Total Monthly Price
$745 - $1,300
Remington Apartments
708 5th St SEMinneapolis, MN 55414
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$750 - $925
Plus Fees6 Month Lease Term
Studio Apartments Available NowLilium Apartments and Centennial Place
706 9th St SMinneapolis, MN 55404
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$795 - $865
Plus Fees
Studio Apartments Available Jun 5Stevens Community Apartments
128 E 18th StMinneapolis, MN 55403
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$800 - $988
Plus Fees12 Month Lease Term
Studio Apartments Available NowThe Roselle
910 Portland Ave SMinneapolis, MN 55404
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$810
Plus Fees12 Month Lease Term
Studio Apartments Available NowLoring Manor Apartments
1512-1518 Spruce PlMinneapolis, MN 55403
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$813 - $1,080
Plus Fees12 Month Lease Term
Studio Apartments Available NowStradford Flats
16 E 15th StMinneapolis, MN 55403
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.
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Rent Specials
$820 - $837
Total Monthly Price
Studio Apartments Available Jun 1Total Monthly Price
Base Rent
$765 - $820
Required Monthly Fees
$17
Total Monthly Price
$782 - $837
Haverhill Apartments
32-34 Spruce PlMinneapolis, MN 55403
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Rent Specials
$820 - $1,140
Plus Fees
Studio Apartments Contact Us For AvailabilityStage Apartments, LLC
814-816 Hennepin AveMinneapolis, MN 55403
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$825 - $860
Plus Fees12 Month Lease Term
Studio Apartments Contact Us For AvailabilitySt. Anthony Village
320 7th St SEMinneapolis, MN 55414
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$825 - $899
Plus Fees
Studio Apartments Available NowThe Commodore
1417 LaSalle AveMinneapolis, MN 55403
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$825
Plus Fees
Studio Apartments Available NowThe Parkway Apartments
1501 Lasalle AveMinneapolis, MN 55403
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$835 - $875
Plus Fees1 Month Lease Term
Studio Apartments Available NowBest Apartments
2006-2008 Park AveMinneapolis, MN 55404
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Rent Specials
$845 - $850
Plus Fees
Studio Apartments Available NowThe Park Apartments
1430 Spruce PlMinneapolis, MN 55403
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$850
Plus Fees12 Month Lease Term
Studio Apartments Available NowHawthorne Gates
1205 Hawthorne AveMinneapolis, MN 55403
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$850
Plus Fees
Studio Apartments Available May 28Loring Park Flats
330 Oak Grove StMinneapolis, MN 55403
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$850 - $950
Plus Fees12 Month Lease Term
Studio Apartments Contact Us For AvailabilityBlue Goose Cooperative
1819 5th St SMinneapolis, MN 55454
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.
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$865 - $880
Total Monthly Price12 Month Lease Term
Studio Apartments Available Jun 12Total Monthly Price
Base Rent
$865
Required Monthly Fees
Varies
Total Monthly Price
Varies
Oak Grove Downtown
116 Oak Grove StMinneapolis, MN 55403
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$875
Total Monthly Price12 Month Lease Term
Studio Apartments Available Jun 12Total Monthly Price
Base Rent
$875 - $1,360
Total Monthly Price
Varies
Loring Grove Apartments
125 Oak Grove StMinneapolis, MN 55403
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$895 - $975
Total Monthly Price12 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
Base Rent
$895 - $925
Required Monthly Fees
$50
Total Monthly Price
$945 - $975
The Villa Apartments
1111 S 7th StMinneapolis, MN 55415
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$899
Plus Fees
Studio Apartments Available NowSt. George Apartments
137 E 17th StMinneapolis, MN 55403
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$899 - $999
Plus Fees
Studio Apartments Available NowThe Buckingham Apartments
1500 LaSalle AveMinneapolis, MN 55403
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Rent Specials
$899 - $903
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$899 - $1,279
Required Monthly Fees
Varies
Total Monthly Price
Varies
214 Place Apartments
214 W 15th StMinneapolis, MN 55403
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$925 - $1,070
Total Monthly Price12 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
Base Rent
$925 - $1,495
Required Monthly Fees
$50
Total Monthly Price
$975 - $1,545
Studios at 7 Corners
1414 S 3rd StMinneapolis, MN 55454
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Rent Specials
$935
Plus Fees12 Month Lease Term
Studio Apartments Available Jul 10Oak Grove Apartment Hotel
230 Oak Grove StMinneapolis, MN 55403
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Rent Specials
$949 - $953
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$949
Required Monthly Fees
Varies
Total Monthly Price
Varies
225 Place Apartments
225 W 15th StMinneapolis, MN 55403
431 S 7th St
MinneapolisMN55415
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$965 - $1,045
Total Monthly Price12 Month Lease Term
Studio Apartments Available Jun 5Total Monthly Price
Base Rent
$965 - $1,862
Total Monthly Price
Varies
Five15 on the Park
515 15th Ave SMinneapolis, MN 55454
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Rent Specials
$982 - $1,025
Plus Fees
Studio Apartments Available NowNico East
1725 Nicollet AveMinneapolis, MN 55403
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Rent Specials
$995 - $1,234
Total Monthly Price12 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
Base Rent
$995 - $1,346
Total Monthly Price
Varies
The Redwell
1020 3rd St NMinneapolis, MN 55401
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Rent Specials
$1,000 - $1,998
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,200 - $10,125
Required Monthly Fees
Varies
Total Monthly Price
Varies
LPM Apartments
1369 Spruce PlMinneapolis, MN 55403
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$1,012 - $1,916
Plus Fees
Studio Apartments Available May 26Loring Park
1300 Yale PlMinneapolis, MN 55403
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Rent Specials
$1,014 - $1,280
Total Monthly Price
Studio Apartments Available Aug 1Total Monthly Price
Base Rent
$999 - $1,669
Required Monthly Fees
$15
Total Monthly Price
$1,014 - $1,684
LaSalle Apartments
36 S 9th StMinneapolis, MN 55402
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Rent Specials
$1,020
Plus Fees12 Month Lease Term
Studio Apartments Available NowSt Anthony Mills Apartments
720 Washington Ave SMinneapolis, MN 55415
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Rent Specials
$1,040 - $1,044
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,040 - $1,245
Required Monthly Fees
Varies
Total Monthly Price
Varies
City Place Lofts
730 Hennepin AveMinneapolis, MN 55403
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$1,056
Plus Fees
Studio Apartments Available NowThe Elms
1400-1420 Portland AveMinneapolis, MN 55404
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Rent Specials
$1,097 - $1,449
Plus Fees
Studio Apartments Available May 28Marquee
1410 Nicollet AveMinneapolis, MN 55403
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Rent Specials
$1,100 - $1,295
Plus Fees12 Month Lease Term
Studio Apartments Contact Us For AvailabilityLaurel Village
1254 Hennepin Ave NMinneapolis, MN 55403
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Rent Specials
$1,123
Total Monthly Price12 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,123 - $1,350
Total Monthly Price
Varies
Stone Arch II
520 2nd St SEMinneapolis, MN 55414
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$1,157 - $1,371
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,157 - $2,572
Required Monthly Fees
$32
Total Monthly Price
$1,189 - $2,604
NoLo Living
815 N 2nd StMinneapolis, MN 55401
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$1,192 - $1,642
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,192 - $2,621
Required Monthly Fees
$180
Total Monthly Price
$1,372 - $2,801
Hencen
455 Central Ave SEMinneapolis, MN 55414
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Rent Specials
$1,195
Total Monthly Price12 Month Lease Term
Studio Apartments Available Jul 1Total Monthly Price
Base Rent
$1,195 - $1,575
Total Monthly Price
$1,195 - $1,575
Bowler Lofts
1506 Laurel AveMinneapolis, MN 55403
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Rent Specials
$1,199 - $1,550
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $2,412
Required Monthly Fees
Varies
Total Monthly Price
Varies
Eitel Apartments
1367 Willow StMinneapolis, MN 55403
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Rent Specials
$1,203 - $2,002
Plus Fees
Studio Apartments Available NowDuffey Lofts
528 N Washington AveMinneapolis, MN 55401
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Rent Specials
$1,205 - $1,371
Plus Fees
Studio Apartments Available NowRivergate Apartments
115 2nd Ave SMinneapolis, MN 55401
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$1,248 - $1,330
Plus Fees
Studio Apartments Available NowLadder 260
260 Portland AveMinneapolis, MN 55415
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$1,249
Total Monthly Price1 Month Lease Term
Studio Apartments Available Jun 10Total Monthly Price
Base Rent
$1,249 - $2,835
Total Monthly Price
$1,249 - $2,835
Phoenix North Loop
915 Washington Ave NMinneapolis, MN 55401
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 | $1,314 | $653 | $3,769 |
| Downtown 1 Bedroom Apartments | $1,774 | $782 | $7,259 |
| Downtown 2 Bedroom Apartments | $2,680 | $907 | $9,268 |
| Downtown 3 Bedroom Apartments | $3,846 | $1,325 | $10,000+ |
| Downtown 4 Bedroom Apartments | $3,204 | $2,300 | $5,341 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
Downtown, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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.
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Pet Friendly LifestyleDowntown, Minneapolis, MN
Ranked #14
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 Shoreline Plaza which is listed at $653, while the average apartment in Downtown costs $17,690.
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 159 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 $806 which is $16,884 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.