
Cheap Homes for Rent in Ericsson Neighborhood of Minneapolis, MN from $1,300 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Ericsson area of Minneapolis.


1216 Powderhorn Terrace, Unit Apt 35

5749 33rd Ave S

3139 3rd Ave S, Unit 3

4719 Chicago Ave

2504 E 42nd St
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.

3328 5th Ave S

3501 22nd Ave S

3032 3rd Ave S, Unit 1, Unit 1

2804 E 44th St

4344 Chicago Ave

4042 Clinton Ave
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3236 18th Ave S, Unit 1, Unit 1
Ericsson, Minneapolis, MN Local Guide

How much does it cost to rent a home in Ericsson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ericsson 2 Bedroom Homes for Rent | $1,731 | $1,375 | $2,055 |
| Ericsson 3 Bedroom Homes for Rent | $2,261 | $1,700 | $2,800 |
| Ericsson 4 Bedroom Homes for Rent | $2,900 | $2,250 | $3,550 |
| Ericsson 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Ericsson Neighborhood of Minneapolis, MN.
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Ericsson, Minneapolis, MN Local Guide
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Cheapest Available Ericsson Apartments for Rent
 The cheapest available apartment rental in the Ericsson area of Minneapolis, MN is a Studio unit found at B-Side priced from $899. 2338 Marshall Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Ericsson apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| B-Side | Studio | Studio,1BA | $899 |
| 2338 Marshall Apartments | 1 Bed 1 Bath | 1BR,1BA | $925 |
| Mansard Apartments | Studio | Studio,1BA | $931 |
| Longfellow Place | Studio | Studio,1BA | $944 |
| Overland Apartments | Pacific | Studio,1BA | $945 |
Best Value Apartments for Rent in Ericsson, MN
As of April 29, 2026 the best value apartment in the Ericsson area is the $1.63 price per square foot 2BR/2.0BA Model at Sanctuary Lofts in the in the Northrup neighborhood starting from $2,550. The second greatest value Ericsson apartment is the 3500 Minnehaha Ave Model at 3500 Minnehaha Ave, Unit 3 starting at $1,365 with a $1.14 price per square foot in the Greater Longfellow neighborhood. Here is today’s list of the best values for Ericsson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sanctuary Lofts | 2BR/2.0BA | 2BR,2BA | $1.63 |
| 3500 Minnehaha Ave, Unit 3 | 3500 Minnehaha Ave | 3BR,1BA | $1.14 |
| 4242 S 15th Ave, Unit 1 | 4242 S 15th Ave | 3BR,1BA | $1.66 |
| 2176 Dayton Ave | 2 bed | 2BR,1BA | $1.75 |
| 3204 Minnehaha Ave, Unit 2 | 3204 Minnehaha Ave | 2BR,1BA | $1.60 |
| Mount Curve Apartments | 2BR/1.0BA | 2BR,1BA | $1.47 |
| Corner 29 Apartments | 2 Bedroom | 2BR,1BA | $1.47 |
| 4900 Chicago | 1 bedroom | 1BR,1BA | $1.41 |
| Midtown Exchange Apartments | Studio - Market | Studio ,1BA | $1.53 |
| Garden Apartments | 1Bed/Bath | 1BR,1BA | $1.71 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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Read ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
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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.
Pet Friendly LifestyleEricsson, Minneapolis, MN
Ranked #69
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Ericsson
What type of rentals are currently available in Ericsson?
There are currently 426 Apartments for Rent in Ericsson, MN with pricing that ranges from $799 to $5,016. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ericsson ranging from $1,300 to $3,550.
What is the current price range for Rental Homes in Ericsson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ericsson ranges from $1,300 to $3,550 with an average monthly rent of $2,338.
How much are larger Three and Four Bedroom Rentals in Ericsson?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Ericsson range from $1,365 to $3,243, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $5,016.
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
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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.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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Articles, How-To's, and Tips

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

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Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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Renting your next home can feel thrilling and overwhelming at the same time.