Cheap Apartments for Rent in the Folwell Neighborhood of Minneapolis, MN from $600 (40 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

3643 N Penn Ave

MinneapolisMN55412
property at 3311 Fremont Ave N

3311 Fremont Ave N

MinneapolisMN55412
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Chelsea Park
Rent Specials
$1,120 - $1,545
Total Monthly Price

Total Monthly Price

Base Rent
$1,120 - $1,545

Total Monthly Price
$1,120 - $1,545
1 to 2 Bedroom Apartments Available Now

Chelsea Park

4200 45th Ave NMinneapolis, MN 55422
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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
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  • Utilities Included
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The Julia
Rent Specials
$1,266 - $3,070
Total Monthly Price

Total Monthly Price

Base Rent
$1,091 - $2,895
Required Monthly Fees
$175

Total Monthly Price
$1,266 - $3,070
Studio to 2 Bedroom Apartments Available Now

The Julia

80 Broadway St NEMinneapolis, MN 55413
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  • Utilities Included
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Satori
Rent Specials
$1,290 - $3,005
Total Monthly Price

Total Monthly Price

Base Rent
$1,282 - $2,997
Required Monthly Fees
$8

Total Monthly Price
$1,290 - $3,005
1 to 2 Bedroom Apartments Available Now

Satori

835 W Broadway AveMinneapolis, MN 55411
Affordability
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  • Customer Reviewed

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

2937-2939 Fremont Ave N

MinneapolisMN55411
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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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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

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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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
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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

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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Beach South at the Lake
Rent Specials
$1,119 - $5,289
Total Monthly Price

Total Monthly Price

Base Rent
$1,115 - $5,285
Required Monthly Fees
$4

Total Monthly Price
$1,119 - $5,289
Studio to 4 Bedroom Apartments Available Now

Beach South at the Lake

4199 46th Ave NRobbinsdale, MN 55422
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  • Utilities Included
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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

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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
Aster Apartments in Near North Minneapolis1BR/1.0BA1BR,1BA$999
Robinwood Apartments1-BR1BR,1BA$999
Oria Lakeview Apartments1 Bedroom 1 Bath1BR,1BA$1,100
Beach South at the LakeNookStudio,1BA$1,119
Chelsea ParkRobin1BR,1BA$1,120
The RedwellHoneycrispStudio,1BA$1,195
Broadway FlatsStudio AStudio,1BA$1,199
The JuliaDStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
4136 Girard Ave N, Unit 41364136 Girard Ave N3BR,2BA$0.86
2401 3rd st NE Apt 2, Unit 12401 3rd st NE Apt 22BR,1BA$1.57
3208 Logan Ave N, Unit BottomUnit3208 Logan Ave N2BR,1BA$1.20
4225 Emerson Ave N, Unit 4225 Emerson Ave. N4225 Emerson Ave N2BR,1BA$1.44
1422 26th Ave N, Unit 31422 26th Ave N3BR,1BA$1.59
Stonehouse Square2 bedroom/1 bathroom2BR,1BA$1.34
Chelsea ParkDale2BR,1BA$1.38
Gauvette Park Apartments2 BR 1 Bath2BR,1BA$1.44
West Broadway Crescent412-2B2BR,1BA$1.50
Robinwood Apartments1-BR1BR,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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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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Pet Friendly Lifestyle
Folwell, Minneapolis, MN

Ranked #92

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,266.

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

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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.

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

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.

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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.

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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

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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

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.