
Cheap Apartments for Rent in the East Lyn Lake Neighborhood of Minneapolis, MN from $400 (518 Rentals)
Search the lowest-cost Apartments available for rent right now in the East Lyn Lake area of Minneapolis.


Copenhagen Enterprises

Rose

Lilium Apartments and Centennial Place

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Brentwood Apartments

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Haverhill Apartments

Stevens Community Apartments

Parkline Flats

3419 Nicollet Avenue

The Roselle
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Spruce Place Apartments

2709 Park Ave S

Loring Manor Apartments

Stradford Flats

Stage Apartments, LLC

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Lowry Hill Apartments

The Parkway Apartments

The Commodore

Best Apartments

The Park Apartments
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.

2426 Blaisdell

Loring Park Flats

Hawthorne Gates

Blue Goose Cooperative

Mall Apartments

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AVID Uptown

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Loring Grove Apartments

Greenway Apartments

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Oak Grove Downtown

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Knox and Lagoon Apartments
Cash 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.

Grove 94

St. George Apartments

The Buckingham Apartments

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Colfax Villas I

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The Jameson Apartments

Garfield Apartments

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Ellis and Louise Apartments

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214 Place Apartments

2120 Aldrich Ave S

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Garfield Court
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.

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Colfax Terrace

Seven Corners

Oak Grove Apartment Hotel

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The Villa Apartments

29 Bryant Apartments

2120 Garfield Avenue

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The Central

Three-Thirty-Three Oak Grove

3455 Chicago Ave, Unit 2

431 S 7th St
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.
East Lyn Lake, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in East Lyn Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Lyn Lake Studio Apartments | $1,200 | $653 | $3,769 |
| East Lyn Lake 1 Bedroom Apartments | $1,603 | $782 | $5,140 |
| East Lyn Lake 2 Bedroom Apartments | $2,579 | $907 | $10,000+ |
| East Lyn Lake 3 Bedroom Apartments | $3,554 | $1,325 | $10,000+ |
| East Lyn Lake 4 Bedroom Apartments | $3,677 | $2,220 | $7,455 |
| East Lyn Lake 5 Bedroom Apartments | $9,880 | $3,095 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 518 rentals with your search options within a 2 mile radius of the East Lyn Lake Neighborhood of Minneapolis, MN.
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East Lyn Lake, Minneapolis, MN Local Guide
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Cheapest Available East Lyn Lake Apartments for Rent
 The cheapest available apartment rental in the East Lyn Lake area of Minneapolis, MN is a Studio unit found at Shoreline Plaza priced from $653. Lilium Apartments and Centennial Place has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable East Lyn Lake apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Lilium Apartments and Centennial Place | 900 Centennial Place Studio | Studio,1BA | $750 |
| Brentwood Apartments | 0BR/1.0BA | Studio,1BA | $752 |
| 214 Oak Grove | Origen Living | 0BR/1.0BA | Studio,1BA | $772 |
| Haverhill Apartments | 1BR/1.0BA | 1BR,1BA | $782 |
| Parkline Flats | studio | Studio,1BA | $799 |
| 3322 Blaisdell Ave South | Studio | Studio,1BA | $799 |
| Stevens Community Apartments | 1B/1Ba | 1BR,1BA | $800 |
| 3325 Nicollet Avenue | 3325 Nicollet Ave - Studio | Studio,1BA | $800 |
| Spruce Place Apartments | 1 Bed | 1BR,1BA | $800 |
Best Value Apartments for Rent in East Lyn Lake, MN
As of May 20, 2026 the best value apartment in the East Lyn Lake area is the $1.00 price per square foot 1814 13th Ave S Model at 1814 13th Ave S in the in the Greater Central neighborhood starting from $2,000. The second greatest value East Lyn Lake apartment is the 3400 Fremont Ave S Model at 3400 Fremont Ave S, Unit lower starting at $1,850 with a $1.32 price per square foot in the Lowry Hill East neighborhood. Here is today’s list of the best values for East Lyn Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1814 13th Ave S | 1814 13th Ave S | 3BR,1BA | $1.00 |
| 3400 Fremont Ave S, Unit lower | 3400 Fremont Ave S | 2BR,1BA | $1.32 |
| Three-Thirty-Three Oak Grove | 2bed 2bath with large deck | 2BR,2BA | $1.36 |
| Emerson Manor Flats | 2BR/1.0BA | 2BR,1BA | $1.36 |
| Blaisdell Manor | 2 Bedroom | 2BR,1BA | $1.43 |
| Abbott Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.32 |
| 2222 Nicollet Avenue | One Bedroom | 1BR,1BA | $1.33 |
| 3433 Bryant Ave S | 3433 Bryant Ave S | 1BR,1BA | $1.35 |
| Midtown Exchange Apartments | Studio - Market | Studio ,1BA | $1.37 |
| Stevens Community Apartments | 1B/1Ba | 1BR,1BA | $1.33 |
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 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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Lifestyle Ratings
Our team is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for West Central Minneapolis-St. Paul. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, and more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap East Lyn Lake Apartments
What is a cheap apartment in East Lyn Lake?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Lyn Lake is under $800.
What is the price of a cheap apartment in East Lyn Lake?
The cheapest apartment in East Lyn Lake is Haverhill Apartments which is listed at $782, while the average apartment in East Lyn Lake costs $8,856.
What types of apartments are the cheapest in East Lyn Lake?
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 110 regular apartments in East Lyn Lake 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 East Lyn Lake?
Cheap apartments in East Lyn Lake have an average cost of $231 which is $8,625 cheaper than the average rent for all rentals in East Lyn Lake.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.