
Cheap Studio Apartments for Rent in the Downtown Neighborhood of Minneapolis, MN from $653 (124 Rentals) Page 3 of 3


East Town Apartments

Mallbrook

319 8th St Se Minneapolis Mn 55414

Monadnock Apartments

1912 Stevens Ave

322 Clifton Ave

Cromwell Commons

242 West Franklin Ave

The Maryland
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.

The Cameron North Loop

Elliot East Condos

Barnabas Apartments

1820 1st Ave S

410 Apartments

Lume

Solhavn / Soltva / NoLo Flats

St Anthony Historic

The Larking

Ox-Op Apartments
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!

Dock Street Flats

NoLo South

Coze Flats

Odin
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 | $1,314 | $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 |
Explore 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 $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.
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