
Cheap Apartments for Rent in the Folwell Neighborhood of Minneapolis, MN from $600 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Folwell area of Minneapolis.


Gateway Northeast

3643 N Penn Ave

Robinwood Apartments

Total Monthly Price
Aster Apartments in Near North Minneapolis

Oria Lakeview Apartments

3311 Fremont Ave N

Total Monthly Price
Chelsea Park
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The Redwell

Bottineau on the River

Total Monthly Price
Broadway Flats

The Marshall

3606 N Bryant Ave

Stonehouse Square

Total Monthly Price
The Julia

Total Monthly Price
Satori
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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2937-2939 Fremont Ave N

Aldrich Apartments | Near I-94 & Theodore
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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Shingle Creek Commons Senior Living 55+

4060-4100 4th St NE
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The Point Apartments

Total Monthly Price
Beach South at the Lake

Twin Lakes Apartments

Broadway Court Senior Apartments
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Folwell, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Folwell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Folwell Studio Apartments | $1,463 | $1,050 | $1,958 |
| Folwell 1 Bedroom Apartments | $1,559 | $691 | $2,455 |
| Folwell 2 Bedroom Apartments | $2,123 | $823 | $4,051 |
| Folwell 3 Bedroom Apartments | $2,125 | $945 | $3,805 |
| Folwell 4 Bedroom Apartments | $2,083 | $1,048 | $2,968 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Folwell Neighborhood of Minneapolis, MN.
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Folwell, Minneapolis, MN Local Guide
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Cheapest Available Folwell Apartments for Rent
 The cheapest available apartment rental in the Folwell area of Minneapolis, MN is a Studio unit found at Gateway Northeast priced from $816. 4060-4100 4th St NE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Folwell apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gateway Northeast | 0C | Studio,1BA | $816 |
| 4060-4100 4th St NE | One Bed | 1BR,1BA | $900 |
| Aster Apartments in Near North Minneapolis | 1BR/1.0BA | 1BR,1BA | $999 |
| Robinwood Apartments | 1-BR | 1BR,1BA | $999 |
| Oria Lakeview Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,100 |
| Beach South at the Lake | Nook | Studio,1BA | $1,119 |
| Chelsea Park | Robin | 1BR,1BA | $1,120 |
| The Redwell | Honeycrisp | Studio,1BA | $1,195 |
| Broadway Flats | Studio A | Studio,1BA | $1,199 |
| The Julia | D | Studio,1BA | $1,266 |
Best Value Apartments for Rent in Folwell, MN
As of December 12, 2025 the best value apartment in the Folwell area is the $0.86 price per square foot 4136 Girard Ave N Model at 4136 Girard Ave N, Unit 4136 in the in the Shingle Creek neighborhood starting from $1,650. The second greatest value Folwell apartment is the 2401 3rd st NE Apt 2 Model at 2401 3rd st NE Apt 2, Unit 1 starting at $2,350 with a $1.57 price per square foot in the Northeast neighborhood. Here is today’s list of the best values for Folwell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4136 Girard Ave N, Unit 4136 | 4136 Girard Ave N | 3BR,2BA | $0.86 |
| 2401 3rd st NE Apt 2, Unit 1 | 2401 3rd st NE Apt 2 | 2BR,1BA | $1.57 |
| 3208 Logan Ave N, Unit BottomUnit | 3208 Logan Ave N | 2BR,1BA | $1.20 |
| 4225 Emerson Ave N, Unit 4225 Emerson Ave. N | 4225 Emerson Ave N | 2BR,1BA | $1.44 |
| 1422 26th Ave N, Unit 3 | 1422 26th Ave N | 3BR,1BA | $1.59 |
| Stonehouse Square | 2 bedroom/1 bathroom | 2BR,1BA | $1.34 |
| Chelsea Park | Dale | 2BR,1BA | $1.38 |
| Gauvette Park Apartments | 2 BR 1 Bath | 2BR,1BA | $1.44 |
| West Broadway Crescent | 412-2B | 2BR,1BA | $1.50 |
| Robinwood Apartments | 1-BR | 1BR,1BA | $1.45 |
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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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 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 LifestyleFolwell, Minneapolis, MN
Ranked #92
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Folwell, Minneapolis-St. Paul, and the greater Minneapolis-St. Paul area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and easy access to the parks, multifamily communities for the kids, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Folwell Apartments
What is a cheap apartment in Folwell?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Folwell is under $1,266.
What is the price of a cheap apartment in Folwell?
The cheapest apartment in Folwell is 4060-4100 4th St NE which is listed at $900, while the average apartment in Folwell costs $2,197.
What types of apartments are the cheapest in Folwell?
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 28 regular apartments in Folwell 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 Folwell?
Cheap apartments in Folwell have an average cost of $365 which is $1,832 cheaper than the average rent for all rentals in Folwell.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.















