close
View Me
$895
Plus Fees
1 Bedroom Apartments Available Now1818 La Salle Ave
1818 La Salle AveMinneapolis, MN 55403
Cheap Homes for Rent in Downtown Neighborhood of Minneapolis, MN from $1,100 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Minneapolis.
431 S 7th St, Unit Downtown Studio
431 S 7th St
MinneapolisMN55415
431 S 7th St, Unit 2707
431 S 7th St
MinneapolisMN55415
1204 Harmon Pl
MinneapolisMN55403
1800 La Salle Ave
MinneapolisMN55403
616 S 19th Ave
MinneapolisMN55454
433 S 7th St
MinneapolisMN55415
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.
433 S 7th St, Unit #1821
433 S 7th St
MinneapolisMN55415
1800 Lasalle Ave, Unit 205
1800 Lasalle Ave
MinneapolisMN55403
427 6th St SE
MinneapolisMN55414
close
View Me
$1,445
Plus Fees
2 Bedroom Apartments Available Now1818 La Salle Ave
1818 La Salle AveMinneapolis, MN 55403
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.
1605 Portland Ave
MinneapolisMN55404
210 W Grant St
MinneapolisMN55403
17 S 1st St, Unit A904
17 S 1st St
MinneapolisMN55401
210 N 2nd St, Unit 203
210 N 2nd St
MinneapolisMN55401
15 S 1st St
MinneapolisMN55401
521 S 7th St
MinneapolisMN55415
15 S 1st St, Unit A1414
15 S 1st St
MinneapolisMN55401
20 NE 2nd St
MinneapolisMN55413
close
View Me
$1,750
Plus Fees
2 Bedroom Apartments Available Oct 11920 Stevens Ave
1920 Stevens AveMinneapolis, MN 55403
1822 S 5th St
MinneapolisMN55454
The 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.
Showing Results 1-21, 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 | $2,546 | $1,195 | $5,750 |
| Downtown 3 Bedroom Homes for Rent | $5,122 | $3,250 | $6,995 |
| Downtown 4 Bedroom Homes for Rent | $4,200 | $3,100 | $4,750 |
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 21 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Minneapolis, MN.
Explore Minneapolis
Downtown, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 |
| Stevens Community Apartments | Studio | Studio,1BA | $700 |
| The Balmoral | Efficiency | Studio,1BA | $718 |
Best Value Apartments for Rent in Downtown, MN
As of September 09, 2025 the best value apartment in the Downtown area is the $1.27 price per square foot Type E Model at 416 Flats in the in the Greater Central neighborhood starting from $1,645. The second greatest value Downtown apartment is the 4BR/1.0BA Model at 1804 16th Ave S starting at $1,749 with a $1.46 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. |
|---|---|---|---|
| 416 Flats | Type E | 1BR,1BA | $1.27 |
| 1804 16th Ave S | 4BR/1.0BA | 4BR,1BA | $1.46 |
| 310 8th St SE | Garden 2 br | 2BR,1BA | $1.39 |
| Three-Thirty-Three Oak Grove | 1 bed 1 Beth | 1BR,1BA | $1.09 |
| 242 West Franklin Ave | 1BR/1.0BA | 1BR,1BA | $1.37 |
| 1400-1408 Spruce Pl – Oak Grove Downtown | Spruce Studio | Studio ,1BA | $1.49 |
| St. George Apartments | Studio-Deluxe | Studio ,1BA | $1.41 |
| Sela Campus University Apartments | Efficiency | Studio ,1BA | $1.46 |
| The Remington Campus Apartments | STUDIO | Studio ,1BA | $1.35 |
| Stevens Community Apartments | Studio | Studio ,1BA | $1.46 |
Quick 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.
Write a Review
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 Downtown
What type of rentals are currently available in Downtown?
There are currently 539 Apartments for Rent in Downtown, MN with pricing that ranges from $653 to $10,090. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,100 to $6,995.
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 $1,100 to $6,995 with an average monthly rent of $2,939.
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 $10,090, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,250 to $6,995. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $1,700.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.