Cheap Apartments for Rent in the Folwell Neighborhood of Minneapolis, MN from $600 (49 Rentals)

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

property at 3643 N Penn Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

3643 N Penn Ave

MinneapolisMN55412
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Chelsea Park
Rent Specials
$1,014 - $1,545
Total Monthly Price

Total Monthly Price

Base Rent
$1,014 - $1,545

Total Monthly Price
$1,014 - $1,545
1 to 2 Bedroom Apartments Available Now

Chelsea Park

4200 45th Ave NMinneapolis, MN 55422
Affordability
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  • Utilities Included
property at 3311 Fremont Ave N

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

3311 Fremont Ave N

MinneapolisMN55412

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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Broadway Flats
Rent Specials
$1,199 - $1,354
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,350
Required Monthly Fees
$4

Total Monthly Price
$1,199 - $1,354
Studio to 2 Bedroom Apartments Available Now

Broadway Flats

2505 Penn Ave NMinneapolis, MN 55411
Affordability
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property at 4209 N Bryant Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

4209 N Bryant Ave

MinneapolisMN55412
property at 4129 N Colfax Ave

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

1 Bedroom, 1 Bath Home for Rent

Available Now

4129 N Colfax Ave

MinneapolisMN55412

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.

property at 2937-2939 Fremont Ave N

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

2937-2939 Fremont Ave N

MinneapolisMN55411
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The Laker
Rent Specials
$1,344 - $3,301
Total Monthly Price

Total Monthly Price

Base Rent
$1,329 - $3,286
Required Monthly Fees
$15

Total Monthly Price
$1,344 - $3,301
Studio to 3 Bedroom Apartments Available Now

The Laker

2500 2nd St NEMinneapolis, MN 55418
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Robin Court
$1,360 - $1,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,360 - $1,695

Total Monthly Price
$1,360 - $1,695
2 to 3 Bedroom Apartments Contact Us For Availability

Robin Court

4400 45th Ave NMinneapolis, MN 55422
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Satori
Rent Specials
$1,363 - $3,274
Total Monthly Price

Total Monthly Price

Base Rent
$1,355 - $3,266
Required Monthly Fees
$8

Total Monthly Price
$1,363 - $3,274
1 to 2 Bedroom Apartments Available Now

Satori

835 W Broadway AveMinneapolis, MN 55411
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The Julia
Rent Specials
$1,385 - $3,070
Total Monthly Price

Total Monthly Price

Base Rent
$1,210 - $2,895
Required Monthly Fees
$175

Total Monthly Price
$1,385 - $3,070
Studio to 2 Bedroom Apartments Available Now

The Julia

80 Broadway St NEMinneapolis, MN 55413
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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

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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Bell Lofts
1 to 3 Bedroom Apartments

Bell Lofts

816 N 21st AveMinneapolis, MN 55411
  • Utilities Included
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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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The Serene
Studio to 2 Bedroom Apartments

The Serene

829 NE Marshall StMinneapolis, MN 55413

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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3927 W Broadway Ave
Studio to 2 Bedroom Apartments

3927 W Broadway Ave

3927 W Broadway AveMinneapolis, MN 55422
  • Utilities Included
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Verso
Studio to 2 Bedroom Apartments

Verso

110 6th Ave NEMinneapolis, MN 55413
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Bottineau Commons
1 to 3 Bedroom Apartments

Bottineau Commons

1800-1808 University Ave NEMinneapolis, MN 55418
  • Utilities Included
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Twin Lakes Apartments
Rent Specials
$1,195 - $1,295
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,295

Total Monthly Price
$1,195 - $1,295
2 Bedroom Apartments Available Now

Twin Lakes Apartments

4259 W Broadway AveRobbinsdale, MN 55422
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Beach South at the Lake
Rent Specials
$1,284 - $4,624
Total Monthly Price

Total Monthly Price

Base Rent
$1,280 - $4,620
Required Monthly Fees
$4

Total Monthly Price
$1,284 - $4,624
1 to 4 Bedroom Apartments Available Now

Beach South at the Lake

4199 46th Ave NRobbinsdale, MN 55422
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  • Utilities Included

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Broadway West Apartments
1 to 2 Bedroom Apartments

Broadway West Apartments

3711 W Broadway AveRobbinsdale, MN 55422
  • Utilities Included
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Crystal Lake Estates
1 to 2 Bedroom Apartments

Crystal Lake Estates

3340-3350 Drew Ave NRobbinsdale, MN 55422
  • Utilities Included
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Parker Station Flats
Studio to 3 Bedroom Apartments

Parker Station Flats

3600 France Ave NRobbinsdale, MN 55422

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 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 ListingModel NameBed/BathPriced From
Gateway Northeast0CStudio,1BA$816
4060-4100 4th St NEOne Bed1BR,1BA$900
Robinwood Apartments1-BR1BR,1BA$1,029
Oria Lakeview Apartments1 Bedroom 1 Bath1BR,1BA$1,100
1000 Main Street ApartmentsS8Studio,1BA$1,175
Twin Lakes Apartments2BR/1.0BA2BR,1BA$1,195
The RedwellHoneycrispStudio,1BA$1,195
Broadway FlatsStudio AStudio,1BA$1,199
Beach South at the LakeMeadows1BR,1BA$1,284

Best Value Apartments for Rent in Folwell, MN

As of January 26, 2026 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 2915 Lyndale Ave N Model at 2915 Lyndale Ave N, Unit Unit 1 Main Level starting at $2,250 with a $1.41 price per square foot in the Greater Near North 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.
4136 Girard Ave N, Unit 41364136 Girard Ave N3BR,2BA$0.86
2915 Lyndale Ave N, Unit Unit 1 Main Level2915 Lyndale Ave N5BR,2BA$1.41
2418 University Ave NE, Unit 22418 University Ave NE3BR,1BA$1.36
4225 Emerson Ave N, Unit 4225 Emerson Ave. N4225 Emerson Ave N2BR,1BA$1.44
Stonehouse Square2 bedroom/1 bathroom2BR,1BA$1.34
Chelsea ParkDale2BR,1BA$1.34
Gauvette Park Apartments2 BR 1 Bath2BR,1BA$1.44
Twin Lakes Apartments2BR/1.0BA2BR,1BA$1.26
West Broadway Crescent412-2B2BR,1BA$1.48
1422 26th Ave N, Unit 11422 26th Ave N3BR,1BA$1.44

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

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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 $1,284.

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 $2,250.

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 23 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 $331 which is $1,919 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

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

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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.

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Apartment Common Area Rules: What Renters Need to Know

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