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$8951 Bedroom Apartments Available Now
1818 La Salle Ave
1818 La Salle AveMinneapolis, MN 55403
Cheap Homes for Rent in Downtown Neighborhood of Minneapolis, MN from $1,000 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Minneapolis.
1901 Stevens Ave
MinneapolisMN55403
121 Washington Ave S, Unit 716G
121 Washington Ave S
MinneapolisMN55401
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$1,2001 Bedroom Apartments Available Now
521 S 7th St
521 S 7th StMinneapolis, MN 55415
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$1,2502 Bedroom Apartments Available Now
515 5th St SE
515 5th St SEMinneapolis, MN 55414
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$1,2502 Bedroom Apartments Available Jun 1
515 5th St SE
515 5th St SEMinneapolis, MN 55414
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.
609 S 9th St
MinneapolisMN55404
11 S 12th St
MinneapolisMN55403
1920 Stevens Ave
MinneapolisMN55403
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$1,4452 Bedroom Apartments Available Now
1818 La Salle Ave
1818 La Salle AveMinneapolis, MN 55403
1117 N Washington Ave
MinneapolisMN55401
19 S 1st St
MinneapolisMN55401
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
929 Portland Ave
MinneapolisMN55404
415 4th St SE
MinneapolisMN55414
15 S 1st St, Unit A1504
15 S 1st St
MinneapolisMN55401
433 S 7th St, Unit 1913
433 S 7th St
MinneapolisMN55415
1225 La Salle Ave
MinneapolisMN55403
400 N 1st St, Unit #302
400 N 1st St
MinneapolisMN55401
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.
Showing Results 1-18, Page 1 of 1
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 a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $2,877 | $1,650 | $4,630 |
| Downtown 3 Bedroom Homes for Rent | $2,761 | $1,600 | $5,499 |
| Downtown 4 Bedroom Homes for Rent | $2,557 | $2,000 | $3,500 |
| Downtown 5 Bedroom Homes for Rent | $3,022 | $2,850 | $3,195 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Minneapolis, MN.
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Downtown, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
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Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of Minneapolis, MN is a Studio unit found at Paige Hall priced from $551. Shoreline Plaza has the second lowest priced unit, which is a Studio apartment currently listed from $653. Here are the most affordable Downtown apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Paige Hall | Efficiency | Studio,1BA | $551 |
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Buri Manor | Efficiency | Studio,1BA | $699 |
| Oak Grove Apartment Hotel | 0BR/1.0BA | Studio,1BA | $700 |
| Brentwood Apartments | 0BR/1.0BA | Studio,1BA | $717 |
Best Value Apartments for Rent in Downtown, MN
As of March 23, 2026 the best value apartment in the Downtown area is the $1.16 price per square foot 516 4th Ave SE Model at 516 4th Ave SE, Unit 516 in the in the University Of Minnesota neighborhood starting from $2,900. The second greatest value Downtown apartment is the 926 13th Ave S Model at 926 13th Ave S, Unit 2 starting at $2,950 with a $1.39 price per square foot in the Greater Central neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 516 4th Ave SE, Unit 516 | 516 4th Ave SE | 6BR,2BA | $1.16 |
| 926 13th Ave S, Unit 2 | 926 13th Ave S | 4BR,2BA | $1.39 |
| 715 6th Ave SE, Unit Upper | 715 6th Ave SE | 5BR,2BA | $1.30 |
| Minnehaha 94 | The Metropolitan | 2BR,2BA | $1.42 |
| Sela Campus University Apartments | 2 Bedroom | 2BR,1BA | $1.28 |
| Haverhill Apartments | 2BR/1.0BA | 2BR,1BA | $1.18 |
| Three-Thirty-Three Oak Grove | 1 bed 1 Beth | 1BR,1BA | $1.09 |
| Abbott Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.32 |
| Remington Apartments | Studio September Move In | Studio ,1BA | $1.35 |
| Spruce Place Apartments | 1 Bed | 1BR,1BA | $1.45 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleEnjoy 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.
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Pet Friendly LifestyleDowntown, Minneapolis, MN
Ranked #13
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 549 Apartments for Rent in Downtown, MN with pricing that ranges from $653 to $14,419. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,025 to $5,499.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $1,025 to $5,499 with an average monthly rent of $2,399.
How much are larger Three and Four Bedroom Rentals in Downtown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $1,325 to $14,419, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $5,499. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,600.
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.