Cheap Apartments for Rent in the Folwell Neighborhood of Minneapolis, MN from $300 (75 Rentals)

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

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Aster Apartments
$840 - $1,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$790 - $950
Required Monthly Fees
$50

Total Monthly Price
$840 - $1,000
Studio to 1 Bedroom Apartments Available Now

Aster Apartments

1800 Fremont Ave NMinneapolis, MN 55411
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The Redwell
Rent Specials
$995 - $1,234
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995 - $1,234

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

The Redwell

1020 3rd St NMinneapolis, MN 55401
Affordability
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  • Low Income
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Chelsea Park
$1,160 - $1,575
Total Monthly Price

Total Monthly Price

Base Rent
$1,160 - $1,575

Total Monthly Price
$1,160 - $1,575
1 to 2 Bedroom Apartments Contact Us For Availability

Chelsea Park

4200 45th Ave NMinneapolis, MN 55422
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2408 Plymouth Ave N, Unit 3
$1,175
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175
1 Bedroom Apartment Available Now

2408 Plymouth Ave N, Unit 3

2408 Plymouth Ave NMinneapolis, MN 55411
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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property at 4201 3rd St NE

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

4201 3rd St NE

MinneapolisMN55421
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Huck Apartments
$1,227 - $3,506
Total Monthly Price

Total Monthly Price

Base Rent
$1,065 - $3,344
Required Monthly Fees
$162

Total Monthly Price
$1,227 - $3,506
1 to 3 Bedroom Apartments Available Now

Huck Apartments

402 2nd St NEMinneapolis, MN 55413
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Satori Apartments
Rent Specials
$1,315 - $2,155
Total Monthly Price

Total Monthly Price

Base Rent
$1,310 - $2,150
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Satori Apartments

835 W Broadway AveMinneapolis, MN 55411
Family Friendly
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NoLo Living
$1,332 - $2,683
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $2,651
Required Monthly Fees
$32

Total Monthly Price
$1,332 - $2,683
Studio to 2 Bedroom Apartments Available Jun 17

NoLo Living

815 N 2nd StMinneapolis, MN 55401
Senior Living
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The Laker
Rent Specials
$1,352 - $3,309
Total Monthly Price

Total Monthly Price

Base Rent
$1,329 - $3,286
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Laker

2500 2nd St NEMinneapolis, MN 55418
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Sawyer Apartments
$1,374 - $2,647
Total Monthly Price

Total Monthly Price

Base Rent
$1,322 - $2,595
Required Monthly Fees
$52

Total Monthly Price
$1,374 - $2,647
Studio to 2 Bedroom Apartments Available Now

Sawyer Apartments

338 2nd St NEMinneapolis, MN 55413
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Robin Court
$1,390 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,390 - $1,700

Total Monthly Price
$1,390 - $1,700
2 to 3 Bedroom Apartments Available Jun 30

Robin Court

4400 45th Ave NMinneapolis, MN 55422
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2924 Emerson Ave N
$1,400 - $1,500
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400 - $1,500

Total Monthly Price
$1,400 - $1,500
1 to 2 Bedroom Apartment Available Jul 1

2924 Emerson Ave N

2924 Emerson Ave NMinneapolis, MN 55411
Affordability
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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.

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The Julia
Rent Specials
$1,402 - $3,074
Total Monthly Price

Total Monthly Price

Base Rent
$1,227 - $2,899
Required Monthly Fees
$175

Total Monthly Price
$1,402 - $3,074
Studio to 2 Bedroom Apartments Available Jul 1

The Julia

80 Broadway St NEMinneapolis, MN 55413
Eco-Friendly
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  • Utilities Included
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Frances
Rent Specials
$1,443 - $3,444
Total Monthly Price

Total Monthly Price

Base Rent
$1,268 - $3,269
Required Monthly Fees
$175

Total Monthly Price
$1,443 - $3,444
Studio to 3 Bedroom Apartments Available Now

Frances

1030 NE Main StMinneapolis, MN 55413
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Canvas Apartments
$1,449 - $2,326
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,445 - $2,322
Required Monthly Fees
$4

Total Monthly Price
$1,449 - $2,326
1 to 3 Bedroom Apartments Available Now

Canvas Apartments

2301 NE California StMinneapolis, MN 55418
Affordability
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property at 1432 Grand St NE

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
$1,475

2 Bedroom, 1 Bath Home for Rent

Available Now

1432 Grand St NE

MinneapolisMN55413
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N&E
$1,492 - $2,696
Total Monthly Price

Total Monthly Price

Base Rent
$1,486 - $2,690
Required Monthly Fees
$6

Total Monthly Price
$1,492 - $2,696
1 to 2 Bedroom Apartments Available Now

N&E

107 13th Ave NEMinneapolis, MN 55413
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property at 1314 N Morgan Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Jul 15

1314 N Morgan Ave

MinneapolisMN55411
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The Grain Belt
$1,515 - $2,537
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,509 - $2,531
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Grain Belt

1215 Marshall St NEMinneapolis, MN 55413
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property at 1923 University Ave NE

$1,520

Total Monthly Price

Total Monthly Price

Base Rent
$1,520

Total Monthly Price
$1,520

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

1923 University Ave NE

MinneapolisMN55418

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property at 4538 Colfax Ave N

$1,599

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,599

Total Monthly Price
$1,599

1 Bedroom, 1 Bath Home for Rent

Available Now

4538 Colfax Ave N

MinneapolisMN55412
property at 2600-2604 France Ave N

$1,599

Total Monthly Price

Total Monthly Price

Base Rent
$1,599

Total Monthly Price
$1,599

2 Bedroom, 1.5 Bath Home for Rent

Available Now

2600-2604 France Ave N

MinneapolisMN55422
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Peregrine
1 to 4 Bedroom Apartments

Peregrine

2035 W River RdMinneapolis, MN 55411
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Emerson
1 to 3 Bedroom Apartments

Emerson

1600 N Emerson AveMinneapolis, MN 55411
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Birchhill Apartments
Studio to 2 Bedroom Apartments

Birchhill Apartments

3600 Fremont Ave NMinneapolis, MN 55412
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801 N 21St Ave
Studio to 1 Bedroom Apartments

801 N 21St Ave

801 N 21st AveMinneapolis, MN 55411
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Bell Lofts
1 to 3 Bedroom Apartments

Bell Lofts

816 N 21st AveMinneapolis, MN 55411
  • Utilities Included

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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1220 Main St NE
Studio to 2 Bedroom Apartments

1220 Main St NE

1220 Main St NEMinneapolis, MN 55413
  • Utilities Included
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1615 26th Ave N
1 to 2 Bedroom Apartments

1615 26th Ave N

1615 26th Ave NMinneapolis, MN 55411
  • Utilities Included
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River Run Apartments
1 to 3 Bedroom Apartments

River Run Apartments

1434 Marshall St NEMinneapolis, MN 55413
  • Utilities Included
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Broadway Flats
Studio to 2 Bedroom Apartments

Broadway Flats

2505 Penn Ave NMinneapolis, MN 55411
  • Utilities Included
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3927 W Broadway Ave
Studio to 2 Bedroom Apartments

3927 W Broadway Ave

3927 W Broadway AveMinneapolis, MN 55422
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Folwell, Minneapolis, MN Local Guide

Cheapest Available Folwell Apartments for Rent

 

The cheapest available apartment rental in the Folwell area of Minneapolis, MN is a Studio unit found at St. Anne's Senior Housing priced from $655. Aster Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable Folwell apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
St. Anne's Senior HousingStudioStudio,1BA$655
Aster Apartments0BR/1.0BAStudio,1BA$840
801 N 21St AveStandard 1BR1BR,1BA$875
4060-4100 4th St NEOne Bed1BR,1BA$900
The RedwellPrairie SpyStudio,1BA$995
Stonehouse Square Apartments1C1BR,1BA$999
Robinwood Apartments1-BR1BR,1BA$1,029
Gateway Northeast0CStudio,1BA$1,087
Oria Lakeview Apartments1 Bedroom 1 Bath1BR,1BA$1,100
Broadway FlatsOne Bedroom B1BR,1BA$1,136

Best Value Apartments for Rent in Folwell, MN

As of June 13, 2026 the best value apartment in the Folwell area is the $1.10 price per square foot 2717 Aldrich Ave N Model at 2717 Aldrich Ave N in the in the Greater Near North neighborhood starting from $2,200. The second greatest value Folwell apartment is the 161 15th Ave NE Model at 161 15th Ave NE, Unit 1 starting at $2,150 with a $1.43 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 ListingModel NameBed/BathPrice Per Sq.Ft.
2717 Aldrich Ave N2717 Aldrich Ave N5BR,3BA$1.10
161 15th Ave NE, Unit 1161 15th Ave NE3BR,1BA$1.43
1407 Girard Ave N, Unit 21407 Girard Ave N2BR,1BA$1.29
329 30th Ave N, Unit 1329 30th Ave N3BR,1BA$1.42
4225 Emerson Ave N, Unit 4225 Emerson Ave. N4225 Emerson Ave N2BR,1BA$1.33
West Broadway Crescent412-2B2BR,1BA$1.35
3737 Hubbard Ave. N- Windsor Court2BR/1.0BA2BR,1BA$1.30
Gauvette Park Apartments2 BR 1 Bath2BR,1BA$1.44
2408 Plymouth Ave N, Unit 32408 Plymouth Ave N1BR,1BA$1.47
801 N 21St AveStandard 1BR1BR,1BA$1.17

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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Quick 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.

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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 $1,136.

What is the price of a cheap apartment in Folwell?

The cheapest apartment in Folwell is 801 N 21St Ave which is listed at $875, while the average apartment in Folwell costs $2,487.

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 20 regular apartments in Folwell that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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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.

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

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.