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$1,250 - $1,585
Plus Fees
Studio Apartments Contact Us For AvailabilityThe Ellory
225 Portland AveMinneapolis, MN 55401
Cheap Studio Apartments for Rent in the Downtown Neighborhood of Minneapolis, MN from $653 (126 Rentals) Page 2 of 3
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$1,255 - $1,625
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Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,160 - $2,574
Required Monthly Fees
$180
Total Monthly Price
$1,340 - $2,754
Hencen
455 Central Ave SEMinneapolis, MN 55414
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Rent Specials
$1,255 - $1,755
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,255 - $4,032
Total Monthly Price
$1,255 - $4,032
Sora
600 S 5th AveMinneapolis, MN 55415
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$1,275 - $1,285
Plus Fees
Studio Apartments Available Now1010 Lofts
1010 S 7th StMinneapolis, MN 55415
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Rent Specials
$1,275 - $1,279
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
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$1,275 - $2,155
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Lago Apartments
500 W Lake StMinneapolis, MN 55408
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$1,290 - $1,485
Plus Fees
Studio Apartments Available NowRivergate Apartments
115 2nd Ave SMinneapolis, MN 55401
11 S 12th St
MinneapolisMN55403
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$1,300
Plus Fees
Studio Apartments Contact Us For AvailabilityThe Metro Apartments
90 S 9th StMinneapolis, MN 55402
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$1,305 - $1,554
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,305 - $3,086
Required Monthly Fees
$200
Total Monthly Price
$1,505 - $3,286
1500 Nicollet
1500 Nicollet Ave SMinneapolis, MN 55403
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$1,334 - $1,534
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,334 - $16,837
Required Monthly Fees
$71
Total Monthly Price
$1,405 - $16,908
270 Hennepin
270 Hennepin AveMinneapolis, MN 55402
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.
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$1,338 - $1,370
Plus Fees
Studio Apartments Available NowGroove Lofts
608 2nd Ave SMinneapolis, MN 55402
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Rent Specials
$1,350 - $1,495
Plus Fees
Studio Apartments Available Now7west
1800 Washington Ave SMinneapolis, MN 55454
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$1,350 - $2,550
Plus Fees
Studio Apartments Available NowLPM Apartments
1369 Spruce PlMinneapolis, MN 55403
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Rent Specials
$1,350 - $1,903
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Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,350 - $4,690
Required Monthly Fees
$18
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$1,368 - $4,708
The Hall Lofts
608 N 3rd StMinneapolis, MN 55403
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$1,373 - $2,633
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Studio Apartments Available NowTotal Monthly Price
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$1,368 - $3,972
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Velo
115 N 2nd StMinneapolis, MN 55401
270 Hennepin Ave
MinneapolisMN55401
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$1,375 - $1,527
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Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,375 - $2,578
Required Monthly Fees
$32
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$1,407 - $2,610
NoLo Living
815 N 2nd StMinneapolis, MN 55401
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$1,380 - $1,670
Plus Fees
Studio Apartments Available NowThe Grand Mill District
313 Washington Ave SMinneapolis, MN 55415
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Rent Specials
$1,389 - $1,454
Plus Fees
Studio Apartments Available NowEast End
240 Chicago AveMinneapolis, MN 55415
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$1,394
Plus Fees
Studio Apartments Available Jun 1Third North Apartments
800 N 3rd StMinneapolis, MN 55401
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.
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$1,395 - $2,055
Plus Fees
Studio Apartments Available Now4th and Park
700 S 4th StMinneapolis, MN 55415
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$1,395
Plus Fees
Studio Apartments Contact Us For AvailabilityRobitshek Lofts
25 N 4th StMinneapolis, MN 55401
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Rent Specials
$1,400 - $2,320
Plus Fees
Studio Apartments Available NowGatsby Apartments
1400 Park AveMinneapolis, MN 55404
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$1,401 - $1,431
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
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$1,401 - $3,309
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Red 20 Apartments
20 6th St NEMinneapolis, MN 55413
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$1,410 - $1,534
Plus Fees
Studio Apartments Available NowViridium Apartments
721 N Third StMinneapolis, MN 55401
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$1,415
Plus Fees
Studio Apartments Contact Us For AvailabilityMill City Apartments
625 2nd StMinneapolis, MN 55401
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$1,435 - $1,515
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,435 - $6,422
Total Monthly Price
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Junction Flats
643 N 5th StMinneapolis, MN 55401
2006 2nd Ave S
MinneapolisMN55404
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Rent Specials
$1,458 - $1,497
Plus Fees
Studio Apartments Available NowMoment
650 Portland Ave SMinneapolis, MN 55415
650 Portland Ave
MinneapolisMN55415
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!
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$1,466 - $1,631
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,466 - $3,241
Required Monthly Fees
$50
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$1,516 - $3,291
HQ Apartments
816 Portland Ave SMinneapolis, MN 55404
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$1,495 - $1,670
Plus Fees
Studio Apartments Available Now700 Central Lofts and Flats
700 NE Central AveMinneapolis, MN 55414
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$1,500 - $1,550
Plus Fees1 Month Lease Term
Studio Apartments Available Sep 15Aberdeen Apartments
500 E 14th StMinneapolis, MN 55404
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$1,500 - $2,835
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Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,500 - $4,085
Required Monthly Fees
$10
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$1,510 - $4,095
4Marq
400 Marquette AveMinneapolis, MN 55401
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$1,516 - $1,965
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,516 - $3,742
Required Monthly Fees
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The Paxon
360 N 1st StMinneapolis, MN 55401
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$1,540 - $2,745
Plus Fees
Studio Apartments Available NowMaverick
120 Hennepin AveMinneapolis, MN 55401
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$1,550 - $2,700
Plus Fees
Studio Apartments Available NowNIC on 5th
465 Nicollet MallMinneapolis, MN 55401
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$1,581 - $1,781
Plus Fees
Studio Apartments Available NowRafter
333 E Hennepin AveMinneapolis, MN 55414
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Rent Specials
$1,593 - $3,760
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Studio Apartments Available NowTotal Monthly Price
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$1,593 - $16,662
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365 Nicollet
365 Nicollet MallMinneapolis, MN 55401
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Studio Apartments
Dundry House
1829 5th Ave SMinneapolis, MN 55404
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Studio Apartments
Paige Hall
727 5th Ave SMinneapolis, MN 55415
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Studio Apartments
The Barrington
911 Park AveMinneapolis, MN 55404
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Studio Apartments
The Adams
500 S 10th StMinneapolis, MN 55404
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Studio Apartments
Buri Manor
1515 Chicago AveMinneapolis, MN 55404
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Studio Apartments
The Balmoral
1005 Portland Ave SMinneapolis, MN 55404
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Studio Apartments
The Kensington
21-27 14th St WMinneapolis, MN 55403
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Studio Apartments
Riverside Plaza
1524 6th StMinneapolis, MN 55413
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Studio Apartments
Elliot Court Apartments
1130 8th St SMinneapolis, MN 55404
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Studio Apartments
720 6th Ave SE
720 6th Ave SEMinneapolis, MN 55414
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Studio Apartments
Remmington Campus Apartments
414 SE 7th AveMinneapolis, MN 55414
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 | $1,285 | $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 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 $782.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Paige Hall which is listed at $551, 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.