
Cheap Apartments for Rent in the Folwell Neighborhood of Minneapolis, MN from $600 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in the Folwell area of Minneapolis.


Gateway Northeast

Aster Apartments in Near North Minneapolis

3643 N Penn Ave

The Redwell

Total Monthly Price
1916 N 44th Ave, Unit # 2

Robinwood Apartments

Oria Lakeview Apartments

Total Monthly Price
Chelsea Park

4201 3rd St NE
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.

3841 N Thomas Ave

3255 N Logan Ave

4129 N Colfax Ave

3606 N Bryant Ave

Stonehouse Square

West Broadway Crescent

Total Monthly Price
1422 26th Ave N

2937-2939 Fremont Ave N

Huck Apartments

2709 N Aldrich Ave
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.

1315 N Dowling Ave

Serene Apartments

Total Monthly Price
Robin Court

The Laker

N&E

1435 Marshall St NE

1314 N Morgan Ave

Total Monthly Price
3925 3rd St NE, Unit 1

4209 N Bryant Ave

Emerson
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.

Birchhill Apartments

Golden Valley Apartments

Bell Lofts

Aldrich Apartments | Near I-94 & Theodore Wirth

1220 Main St NE

Main Street Apartment Homes

Point 47 Apartments (3501)

1615 26th Ave N

River Run Apartments

Plymouth Avenue Apartments
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.

Shingle Creek Commons Senior Living 55+

KAH Properties - 350 Building

3927 W Broadway Ave

Bottineau Commons

Broadway Flats

Verso

4060-4100 4th St NE

Total Monthly Price
Twin Lakes Apartments

Beach South at the Lake

Gauvette Park Apartments
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.
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 | $1,508 | $995 | $1,800 |
| Folwell 1 Bedroom Apartments | $1,636 | $691 | $2,599 |
| Folwell 2 Bedroom Apartments | $2,121 | $823 | $4,210 |
| Folwell 3 Bedroom Apartments | $1,939 | $945 | $3,874 |
| Folwell 4 Bedroom Apartments | $1,870 | $1,048 | $2,968 |
Browse Apartments in this Neighborhood
There are currently 55 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 | $949 |
| Robinwood Apartments | 1-BR | 1BR,1BA | $1,029 |
| Oria Lakeview Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,100 |
| The Redwell | Prairie Spy | Studio,1BA | $1,125 |
| KAH Properties - 350 Building | 1BR 1BA | 1BR,1BA | $1,130 |
| Twin Lakes Apartments | 2BR/1.0BA | 2BR,1BA | $1,250 |
| Beach South at the Lake | Vista | 1BR,1BA | $1,299 |
| Parker Station Flats | Studio D | Studio,1BA | $1,300 |
Best Value Apartments for Rent in Folwell, MN
As of March 15, 2026 the best value apartment in the Folwell area is the $1.34 price per square foot 2915 Lyndale Ave N Model at 2915 Lyndale Ave N, Unit Unit 1 Main Level in the in the Greater Near North neighborhood starting from $2,150. The second greatest value Folwell apartment is the 412-3A Model at West Broadway Crescent starting at $1,475 with a $1.21 price per square foot in the Jordan 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. |
|---|---|---|---|
| 2915 Lyndale Ave N, Unit Unit 1 Main Level | 2915 Lyndale Ave N | 5BR,2BA | $1.34 |
| West Broadway Crescent | 412-3A | 3BR,1BA | $1.21 |
| 4225 Emerson Ave N, Unit 4225 Emerson Ave. N | 4225 Emerson Ave N | 2BR,1BA | $1.44 |
| Bottineau Commons | 2 Bedroom - Market | 2BR,1BA | $1.39 |
| Stonehouse Square | 2 bedroom/1 bathroom | 2BR,1BA | $1.34 |
| Gauvette Park Apartments | 2 BR 1 Bath | 2BR,1BA | $1.44 |
| Twin Lakes Apartments | 2BR/1.0BA | 2BR,1BA | $1.32 |
| 3925 3rd St NE, Unit 1 | 3925 3rd St NE | 2BR,1BA | $1.56 |
| Robinwood Apartments | 1-BR | 1BR,1BA | $1.49 |
| Gateway Northeast | 0C | Studio ,1BA | $1.54 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
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 $1,300.
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 $2,205.
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 12 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 $411 which is $1,794 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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.