Cheap Apartments for Rent in the East Lyn Lake Neighborhood of Minneapolis, MN from $400 (508 Rentals)

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

property at 1805 11th Ave S

1805 11th Ave S

MinneapolisMN55404

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 1 Bed unit found at Pleasant View priced from $75. Paige Hall has the second lowest priced unit, which is a Studio apartment currently listed from $551. Here are the most affordable East Lyn Lake apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Pleasant View1 Bedroom 1 Bath - Pleasant View1BR,1BA$75
Paige HallEfficiencyStudio,1BA$551
Shoreline PlazaStudioStudio,1BA$653
Buri ManorEfficiencyStudio,1BA$699
Stevens Community ApartmentsStudioStudio,1BA$700
The BalmoralEfficiencyStudio,1BA$718
Brentwood | Origen Living0BR/1.0BAStudio,1BA$725
Copenhagen Enterprises1728 3rd Ave StudioStudio,1BA$725
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio,1BA$735
Colfax ManorStudio AStudio,1BA$745

Best Value Apartments for Rent in East Lyn Lake, MN

As of June 30, 2025 the best value apartment in the East Lyn Lake area is the $1.25 price per square foot 4055 2nd Ave S Model at 4055 2nd Ave S, Unit 2nd floor in the in the Powderhorn neighborhood starting from $2,000. The second greatest value East Lyn Lake apartment is the 2BR/1.0BA Model at 2610/18 Fremont Ave S starting at $1,299 with a $0.93 price per square foot in the Calhoun Isles 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.
4055 2nd Ave S, Unit 2nd floor4055 2nd Ave S2BR,1BA$1.25
2610/18 Fremont Ave S2BR/1.0BA2BR,1BA$0.93
807 West 25th Street2BR/1.0BA2BR,1BA$1.32
2300 Nicollet AvenueOne Bedroom1BR,1BA$0.90
Midtown Exchange Apartments1 Bedroom1BR,1BA$1.15
3105 16th Ave S, Unit Three3105 16th Ave S2BR,1BA$1.26
Three-Thirty-Three Oak Grove1 bed 1 Beth1BR,1BA$1.09
2101 3rd Ave1 Bedroom 1 Bath - 2101 3rd Ave1BR,1BA$1.39
3033 Grand Avenue S.3033 Grand Ave S - 1 Bedroom1BR,1BA$1.30
Stevens Community ApartmentsStudioStudio ,1BA$1.40

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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.

Getting Around the East Lyn Lake Neighborhood in Minneapolis, MN

Walk Score®

96 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

98 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

61 / 100

Good Transit

Many nearby public transportation options

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 $745.

What is the price of a cheap apartment in East Lyn Lake?

The cheapest apartment in East Lyn Lake is Pleasant View which is listed at $75, while the average apartment in East Lyn Lake costs $6,375.

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 45 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 $603 which is $5,772 cheaper than the average rent for all rentals in East Lyn Lake.

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.

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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.