Cheap Apartments for Rent in the Folwell Neighborhood of Minneapolis, MN from $600 (55 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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1916 N 44th Ave, Unit # 2
$995
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995
1 Bedroom Apartment Available May 15

1916 N 44th Ave, Unit # 2

1916 N 44th AveMinneapolis, MN 55412
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Chelsea Park
$1,150 - $1,545
Total Monthly Price

Total Monthly Price

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$1,150 - $1,545

Total Monthly Price
$1,150 - $1,545
1 to 2 Bedroom Apartments Contact Us For Availability

Chelsea Park

4200 45th Ave NMinneapolis, MN 55422
Affordability
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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 Now

4201 3rd St NE

MinneapolisMN55421

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 3841 N Thomas Ave

$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 Now

3841 N Thomas Ave

MinneapolisMN55412
property at 3255 N Logan Ave

$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 May 1

3255 N Logan Ave

MinneapolisMN55412
property at 4129 N Colfax Ave

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Home for Rent

Available Now

4129 N Colfax Ave

MinneapolisMN55412
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1422 26th Ave N
$1,300 - $1,590
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $1,590

Total Monthly Price
$1,300 - $1,590
3 Bedroom Apartment Available Now

1422 26th Ave N

1422 26th Ave NMinneapolis, MN 55411
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property at 2709 N Aldrich Ave

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

2 Bedroom, 1 Bath Home for Rent

Available Now

2709 N Aldrich Ave

MinneapolisMN55411

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 1315 N Dowling Ave

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

1315 N Dowling Ave

MinneapolisMN55412
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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 Available Apr 30

Robin Court

4400 45th Ave NMinneapolis, MN 55422
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property at 1314 N Morgan Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Jun 2

1314 N Morgan Ave

MinneapolisMN55411
property at 4209 N Bryant Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

4209 N Bryant Ave

MinneapolisMN55412
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Emerson
1 to 3 Bedroom Apartments

Emerson

1600 N Emerson AveMinneapolis, MN 55411

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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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
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1615 26th Ave N
1 to 2 Bedroom Apartments

1615 26th Ave N

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

River Run Apartments

1434 Marshall St NEMinneapolis, MN 55413
  • 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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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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Bottineau Commons
1 to 3 Bedroom Apartments

Bottineau Commons

1800-1808 University Ave NEMinneapolis, MN 55418
  • 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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Verso
Studio to 2 Bedroom Apartments

Verso

110 6th Ave NEMinneapolis, MN 55413
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Twin Lakes Apartments
Rent Specials
$1,250 - $1,350
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250 - $1,350

Total Monthly Price
$1,250 - $1,350
2 Bedroom Apartments Available Now

Twin Lakes Apartments

4259 W Broadway AveRobbinsdale, MN 55422
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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$949
Robinwood Apartments1-BR1BR,1BA$1,029
Oria Lakeview Apartments1 Bedroom 1 Bath1BR,1BA$1,100
The RedwellPrairie SpyStudio,1BA$1,125
KAH Properties - 350 Building1BR 1BA1BR,1BA$1,130
Twin Lakes Apartments2BR/1.0BA2BR,1BA$1,250
Beach South at the LakeVista1BR,1BA$1,299
Parker Station FlatsStudio DStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
2915 Lyndale Ave N, Unit Unit 1 Main Level2915 Lyndale Ave N5BR,2BA$1.34
West Broadway Crescent412-3A3BR,1BA$1.21
4225 Emerson Ave N, Unit 4225 Emerson Ave. N4225 Emerson Ave N2BR,1BA$1.44
Bottineau Commons2 Bedroom - Market2BR,1BA$1.39
Stonehouse Square2 bedroom/1 bathroom2BR,1BA$1.34
Gauvette Park Apartments2 BR 1 Bath2BR,1BA$1.44
Twin Lakes Apartments2BR/1.0BA2BR,1BA$1.32
3925 3rd St NE, Unit 13925 3rd St NE2BR,1BA$1.56
Robinwood Apartments1-BR1BR,1BA$1.49
Gateway Northeast0CStudio ,1BA$1.54

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

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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 $1,300.

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

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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.

decorative image for Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers article

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

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Articles, How-To's, and Tips

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Written by: Christine Leonard, Esq.

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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.

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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.