Apartments for Rent in the Downtown Neighborhood of Minneapolis, MN Under $1,200 (134 Rentals) Page 2 of 3

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The Redwell
$1,125 - $1,346
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,125 - $1,346

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

The Redwell

1020 3rd St NMinneapolis, MN 55401
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Brentwood Apartments
$752 - $762
Total Monthly Price

Total Monthly Price

Base Rent
$735 - $745
Required Monthly Fees
$17

Total Monthly Price
$752 - $762
Studio Apartments Available Now

Brentwood Apartments

117-127 W Grant StMinneapolis, MN 55403
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801 4th St SE, Unit Limelight
$950
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950
1 Bedroom Apartment Available Now

801 4th St SE, Unit Limelight

801 4th St SEMinneapolis, MN 55414
Cost Per Sq.Ft.
property at 15 S 1st St

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

Studio, 1 Bath Condo for Rent

Available Now

15 S 1st St, Unit A1516

15 S 1st St
MinneapolisMN55401
property at 220 E 19th St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Now

220 E 19th St

MinneapolisMN55403
property at 1820 1st Ave S

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

Studio, 1 Bath Home for Rent

Available Jul 13

1820 1st Ave S

MinneapolisMN55403

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.

property at 431 S 7th St

$1,195 - $1,199

Total Monthly Price

Total Monthly Price

Base Rent
$1,199

Total Monthly Price
$1,199

Studio Rentals

Available Now

431 S 7th St

MinneapolisMN55415
property at 427 6th St SE

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

427 6th St SE

MinneapolisMN55414
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327 University Ave SE
Studio to 2 Bedroom Apartments

327 University Ave SE

327 University Ave SEMinneapolis, MN 55414
  • Utilities Included
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409 7th St
1 to 2 Bedroom Apartments

409 7th St

409 7th StMinneapolis, MN 55414
  • Utilities Included
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The Larking
Studio to 3 Bedroom Apartments

The Larking

615 S 8th StMinneapolis, MN 55404
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1501
Studio to 1 Bedroom Apartments

1501

1501 Portland Ave SMinneapolis, MN 55404
  • Utilities Included
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Madison Apartments
2 to 4 Bedroom Apartments

Madison Apartments

501 E 15th StMinneapolis, MN 55404
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Lume
Studio to 2 Bedroom Apartments

Lume

408 4th St SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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St Anthony Historic
Studio to 1 Bedroom Apartments

St Anthony Historic

210 E Hennepin AveMinneapolis, MN 55414
  • Utilities Included

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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East Village
1 to 2 Bedroom Apartments

East Village

1423 11th Ave SMinneapolis, MN 55404
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507 4th St SE
1 Bedroom Apartments

507 4th St SE

507 4th St SEMinneapolis, MN 55414
  • Utilities Included
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Santiago Apartments
1 to 2 Bedroom Apartments

Santiago Apartments

516 University Ave SEMinneapolis, MN 55414
  • Utilities Included
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Yale Place Apartments
Studio to 2 Bedroom Apartments

Yale Place Apartments

1212 Yale PlMinneapolis, MN 55403
  • Utilities Included
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416 Lofts
Studio to 3 Bedroom Apartments

416 Lofts

416 10th Ave NMinneapolis, MN 55401
  • Utilities Included
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1524 Lasalle Ave
1 Bedroom Apartments

1524 Lasalle Ave

1524 Lasalle AveMinneapolis, MN 55403
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620 E 16th St
1 Bedroom Apartments

620 E 16th St

620 E 16th StMinneapolis, MN 55404
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214 Place Apartments
Studio to 1 Bedroom Apartments

214 Place Apartments

214 W 15th StMinneapolis, MN 55403
  • Utilities Included
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Elliot East Condos
Studio to 2 Bedroom Apartments

Elliot East Condos

928 Chicago AveMinneapolis, MN 55404
  • Utilities Included
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1101 S 7th St
1 Bedroom Apartments

1101 S 7th St

1101 S 7th StMinneapolis, MN 55415
  • Utilities Included
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4th Street Apartments
1 Bedroom Apartments

4th Street Apartments

316 4th St SEMinneapolis, MN 55414
  • Utilities Included
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624 4th Ave SE
1 Bedroom Apartments

624 4th Ave SE

624 4th Ave SEMinneapolis, MN 55414
  • Utilities Included
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Drexel Apartments
Studio to 2 Bedroom Apartments

Drexel Apartments

1009 Park AveMinneapolis, MN 55404
  • Utilities Included
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The Chelsea
Studio to 1 Bedroom Apartments

The Chelsea

1820 Stevens AveMinneapolis, MN 55403
  • Utilities Included
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621 5th Ave.
1 to 2 Bedroom Apartments

621 5th Ave.

621 5th Ave SEMinneapolis, MN 55414
Student Housing
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1600
1 Bedroom Apartments

1600

1600 Park AveMinneapolis, MN 55404
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Appleton Villa
Studio to 1 Bedroom Apartments

Appleton Villa

615 E 16th StMinneapolis, MN 55404
  • Utilities Included
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Franklin Villa
Studio to 2 Bedroom Apartments

Franklin Villa

305 W Franklin AveMinneapolis, MN 55404
  • Utilities Included
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8th on Campus
Studio to 1 Bedroom Apartments

8th on Campus

325 8th Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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1915 3rd Ave S
Studio to 1 Bedroom Apartments

1915 3rd Ave S

1915 3rd Ave SMinneapolis, MN 55404
  • Utilities Included
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1302 Linden
1 Bedroom Apartments

1302 Linden

1302 Linden AveMinneapolis, MN 55403
  • Utilities Included
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1828 Park Ave
1 to 3 Bedroom Apartments

1828 Park Ave

1828 Park AveMinneapolis, MN 55404
  • Utilities Included
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Nicollet Towers
1 to 3 Bedroom Apartments

Nicollet Towers

1350 Nicollet MallMinneapolis, MN 55403
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The Maryland
Studio to 2 Bedroom Apartments

The Maryland

1346 Lasalle AveMinneapolis, MN 55403
  • Utilities Included
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1615 11th Ave S
1 Bedroom Apartments

1615 11th Ave S

1615 11th Ave SMinneapolis, MN 55404
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1806 3rd Ave
1 Bedroom Apartments

1806 3rd Ave

1806 3rd Ave SMinneapolis, MN 55404
  • Utilities Included

Frequently Asked Questions about Downtown

How much are Studio apartments in Downtown?

There are currently 299 Studio Apartments in Downtown with rent ranges from $653 to $2,529 with an average price of $1,301.

What is the current price range for One Bedroom Downtown Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Downtown ranges from $782 to $6,639 with an average monthly rent of $1,777.

What does renting a Two Bedroom Apartment in Downtown cost?

The monthly rent prices of Two Bedroom Apartments currently available in Downtown range from $907 to $9,268. Today's average rental price for Two Bedrooms here is $2,708.

How expensive are Downtown Three Bedroom Apartments?

There are currently 83 Three Bedroom Apartments listings available in Downtown on ApartmentHomeLiving.com. The pricing ranges from $1,325 to $11,439 - averaging $3,733 for the location.

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

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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.

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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.

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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.

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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

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.