Cheap Apartments for Rent in the East Lyn Lake Neighborhood of Minneapolis, MN from $400 (526 Rentals)

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Search the lowest-cost Apartments available for rent right now in the East Lyn Lake area of Minneapolis.

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2514 Girard Ave S
$595 - $775
Total Monthly Price12 Month Lease Term

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Base Rent
$595 - $775
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Studio to 2 Bedroom Apartments Available Now

2514 Girard Ave S

2514 Girard Ave SMinneapolis, MN 55405
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Rose
$725 - $1,695
Plus Fees1 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Rose

1928 Portland AveMinneapolis, MN 55404
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Brentwood Apartments
$742 - $762
Total Monthly Price

Total Monthly Price

Base Rent
$725 - $745
Required Monthly Fees
$17
Total Monthly Price
$742 - $762
Studio Apartments Available Now

Brentwood Apartments

117-127 W Grant StMinneapolis, MN 55403
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Haverhill Apartments
Rent Specials
$782 - $932
Total Monthly Price

Total Monthly Price

Base Rent
$765 - $915
Required Monthly Fees
$17
Total Monthly Price
$782 - $932
Studio to 1 Bedroom Apartments Available Now

Haverhill Apartments

32-34 Spruce PlMinneapolis, MN 55403
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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.

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property at 2810 Park Ave

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825
Total Monthly Price
$825

Studio, 1 Bath Home for Rent

Available Now

2810 Park Ave

MinneapolisMN55407

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Loring Grove Apartments
$850 - $1,025
Total Monthly Price12 Month Lease Term

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$850 - $1,025
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Studio to 1 Bedroom Apartments Available Sep 18

Loring Grove Apartments

125 Oak Grove StMinneapolis, MN 55403
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Oak Grove Downtown
$860 - $875
Total Monthly Price12 Month Lease Term

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Base Rent
$845 - $860
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Total Monthly Price
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Studio Apartments Available Sep 11

Oak Grove Downtown

116 Oak Grove StMinneapolis, MN 55403
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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

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Knox and Lagoon Apartments
$895 - $1,450
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895 - $1,450
Total Monthly Price
$895 - $1,450
1 to 2 Bedroom Apartments Contact Us For Availability

Knox and Lagoon Apartments

2901 Knox Ave SMinneapolis, MN 55408
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Colfax Villas I
$899 - $1,250
Total Monthly Price12 Month Lease Term

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Base Rent
$899 - $1,250
Total Monthly Price
$899 - $1,250
Studio to 2 Bedroom Apartments Available Now

Colfax Villas I

3611 Colfax Ave SMinneapolis, MN 55409
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The Villa Apartments
$900 - $925
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850 - $875
Required Monthly Fees
$50
Total Monthly Price
$900 - $925
Studio Apartments Available Sep 1

The Villa Apartments

1111 S 7th StMinneapolis, MN 55415
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Ellis and Louise Apartments
$900 - $1,375
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900 - $1,375
Total Monthly Price
$900 - $1,375
Studio to 2 Bedroom Apartments Available Sep 15

Ellis and Louise Apartments

3440 Dupont Ave SMinneapolis, MN 55408
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East Lyn Lake - 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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225 Place Apartments
Rent Specials
$903 - $953
Total Monthly Price

Total Monthly Price

Base Rent
$899 - $949
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Studio Apartments Available Now

225 Place Apartments

225 W 15th StMinneapolis, MN 55403
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Flats at Emerson
$905 - $910
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895 - $900
Required Monthly Fees
$10
Total Monthly Price
$905 - $910
Studio Apartments Available Sep 1

Flats at Emerson

3441 Emerson Ave SMinneapolis, MN 55408
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property at 2118 Pillsbury Ave

$920

Total Monthly Price

Total Monthly Price

Base Rent
$920
Total Monthly Price
$920

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

2118 Pillsbury Ave

MinneapolisMN55404
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Marcelle
$942 - $982
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $965
Required Monthly Fees
$17
Total Monthly Price
$942 - $982
1 Bedroom Apartments Available Now

Marcelle

2400 Harriet Ave SMinneapolis, MN 55405
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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East Lyn Lake, Minneapolis, MN Local Guide

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 ListingModel NameBed/BathPriced From
Shoreline PlazaStudioStudio,1BA$653
Lilium Apartments and Centennial Place900 Centennial Place StudioStudio,1BA$750
Copenhagen Enterprises507 E 14th St StudioStudio,1BA$750
Brentwood Apartments0BR/1.0BAStudio,1BA$752
214 Oak Grove | Origen Living0BR/1.0BAStudio,1BA$772
Lakesbury ApartmentsStudioStudio,1BA$773
Monadnock Apartments0 Beds, 1 BathsStudio,1BA$775
Haverhill Apartments1BR/1.0BA1BR,1BA$782
Stevens Community ApartmentsStudioStudio,1BA$795
Stradford FlatsStudioStudio,1BA$796

Best Value Apartments for Rent in East Lyn Lake, MN

As of August 19, 2026 the best value apartment in the East Lyn Lake area is the $1.05 price per square foot 3251 Portland Ave Model at 3251 Portland Ave, Unit Portland Hooze Unit 2 in the in the Powderhorn neighborhood starting from $2,000. The second greatest value East Lyn Lake apartment is the 2 Beds, 1 Baths Model at 3923-3925 Chicago Ave starting at $1,450 with a $1.32 price per square foot in the Powderhorn neighborhood. Here is today’s list of the best values for East Lyn Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3251 Portland Ave, Unit Portland Hooze Unit 23251 Portland Ave3BR,1BA$1.05
3923-3925 Chicago Ave2 Beds, 1 Baths2BR,1BA$1.32
2300 Nicollet Avenue2300 | One Bedroom1BR,1BA$0.88
4200 1st Avenue South2BR/1.0BA2BR,1BA$1.33
DJ Smith Realty Emerson Ave S2BR/1.0BA2BR,1BA$1.32
Lagoon Avenue Estates1BR/1.0BA1BR,1BA$1.27
1314 Community1BR/1.0BA1BR,1BA$1.33
2435 Pillsbury Ave. S.1-Bedroom1BR,1BA$1.31
2014 3rd Ave2 Bedroom 1 Bath - 2014 3rd Ave2BR,1BA$1.31
St. George ApartmentsStudio-DeluxeStudio ,1BA$1.23

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.

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Enjoy 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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Real 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.

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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.

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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 $796.

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 $1,626.

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 113 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 $203 which is $1,423 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

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Authentic Minneapolis: An Insider's 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.

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.