1209 8th St SE
MinneapolisMN55414
Cheap Homes for Rent in Minneapolis, MN from $400 (69 Rentals)
Search the lowest-cost Homes available for rent right now in Minneapolis.
1100 15th Ave SE
MinneapolisMN55414
3706 N Penn Ave
MinneapolisMN55412
4425 York Ave N
MinneapolisMN55422
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$7501 Bedroom Apartments Available Now
2704 Aldrich Ave S, Unit 1 (2704)
2704 Aldrich Ave SMinneapolis, MN 55408
709 7th St SE
MinneapolisMN55414
3759 N Knox Ave
MinneapolisMN55412
2217 Colfax Ave South, Unit Studio
2217 Colfax Ave South
MinneapolisMN55405
1435 Marshall St NE
MinneapolisMN55413
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$9351 Bedroom Apartments Available Now
2026 Brewster St
2026 Brewster StSt. Paul, MN 55108
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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$9751 Bedroom Apartments Available Aug 1
2026 Brewster St
2026 Brewster StSt. Paul, MN 55108
2184 7th St W
St. PaulMN55116
2218 Nicollet Ave, Unit 23
2218 Nicollet Ave
MinneapolisMN55404
1716 Tyler St NE
MinneapolisMN55413
2218 Nicollet Ave
MinneapolisMN55404
2933 36th Ave S
MinneapolisMN55406
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$1,0501 Bedroom Apartments Available Now
8813 18th Ave S, Unit 1
8813 18th Ave SBloomington, MN 55425
1321 Division St
HopkinsMN55343
3434 Bloomington Ave
MinneapolisMN55407
1504 Grand Ave
St. PaulMN55105
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
2616 Harriet Ave, Unit 215
2616 Harriet Ave
MinneapolisMN55408
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$1,0992 Bedroom Apartments Available Now
1510 Larpenteur Ave W, Unit 6
1510 Larpenteur Ave WFalcon Heights, MN 55113
1402 Thomas Ave W, Unit lower
1402 Thomas Ave W
St. PaulMN55104
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$1,1001 Bedroom Apartments Available Now
705 Snelling Ave S, Unit B2
705 Snelling Ave SSt. Paul, MN 55116
4200 Lake Breeze Ave N
Brooklyn CenterMN55429
6007 W Broadway Ave, Unit Hidden Park Condo
6007 W Broadway Ave
New HopeMN55428
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$1,1501 Bedroom Apartments Available Now
1161 St Clair Ave, Unit 21
1161 St Clair AveSt. Paul, MN 55105
5980 Anna Ave NE
MinneapolisMN55432
2050-2056 W Bayard Ave
St. PaulMN55116
3200 Minnehaha Ave
MinneapolisMN55406
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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$1,1951 Bedroom Apartments Available Aug 1
1363 County B Rd W, Unit 1 Bedroom
1363 County B Rd WRoseville, MN 55113
3142 W Bde Maka Ska Blvd
MinneapolisMN55416
427 6th St SE
MinneapolisMN55414
2600 University Ave SE
MinneapolisMN55414
431 S 7th St
MinneapolisMN55415
5430 S 34th Ave
MinneapolisMN55417
5911 Oxford St
St. Louis ParkMN55416
6615 Lake Shore Dr S, Unit Apt 115
6615 Lake Shore Dr S
MinneapolisMN55423
2800 Hamline Ave N
RosevilleMN55113
1709 N 26th Ave
MinneapolisMN55411
Minneapolis's Best Affordable Neighborhoods
Learn about Minneapolis, MN and the best places to live with original content written by our Minneapolis Local Expert Stephanie Lica
2716 Grand Ave S
MinneapolisMN55408
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$1,2752 Bedroom Apartments Available Now
8813 18th Ave S, Unit 3
8813 18th Ave SBloomington, MN 55425
7336 72nd Ln N
Brooklyn ParkMN55428
2202 Hennepin Ave
MinneapolisMN55405
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$1,2951 Bedroom Apartments Available Sep 1
508 Ridgewood Ave, Unit 1
508 Ridgewood AveMinneapolis, MN 55403
2720 Rosalyn Ct
New HopeMN55427
1690 Highway 36 W
St. PaulMN55113
925 30th Ave S
MinneapolisMN55406
1293 Northdale Blvd NW, Unit 1293
1293 Northdale Blvd NW
MinneapolisMN55448
6771 Plaza Curve NE
FridleyMN55432
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent a home in Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis 2 Bedroom Homes for Rent | $2,019 | $1,100 | $6,000 |
| Minneapolis 3 Bedroom Homes for Rent | $2,385 | $1,299 | $5,750 |
| Minneapolis 4 Bedroom Homes for Rent | $3,053 | $1,624 | $10,000+ |
| Minneapolis 5 Bedroom Homes for Rent | $3,536 | $800 | $10,000+ |
| Minneapolis 6 Bedroom Homes for Rent | $2,436 | $660 | $3,500 |
| Minneapolis 7 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
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Cheapest Neighborhoods for Apartments in Minneapolis, MN
Pricing Updated: 07/24/2026Current apartment rentals in the Minneapolis, MN area range in price from $425 to $17,000 with an overall median price of $3,644. The three Minneapolis neighborhoods with the lowest median rent pricing are Thompson Oaks at $1,195, Corcoran at $1,195, and Manitou Village at $1,325. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Minneapolis Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Thompson Oaks | $1,400 | $1,195 | 2 |
| Corcoran | $1,595 | $1,195 | 2 |
| Manitou Village | $1,800 | $1,325 | 1 |
| Bald Eagle | $1,800 | $1,325 | 1 |
| Downtown White Bear Lake | $1,800 | $1,325 | 1 |
| River Hills | $1,900 | $1,900 | 1 |
| Heart of the City | $1,950 | $1,300 | 2 |
| Stevens Square | $1,995 | $1,699 | 2 |
| East Calhoun | $2,150 | $1,695 | 1 |
| Seward | $2,172 | $1,299 | 2 |
Cheapest Available Minneapolis Apartments for Rent
The cheapest available apartment rental in Minneapolis, MN is a 2 Beds unit found at Bottineau Commons and Lofts in the Northeast neighborhood priced from $280. Radius in the University Of Minnesota neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $599. Here is today’s list of the most affordable Minneapolis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bottineau Commons and Lofts | 2BR-D-MARI | 2BR,1BA | $280 |
| Radius | C4 | 3BR,2BA | $599 |
| Cretin Court | Studio | Studio,1BA | $635 |
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Iris Park Apartments | 2 Bedroom | 2BR,1BA | $720 |
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| Remington Apartments | Studio September Move In | Studio,1BA | $745 |
| Lilium Apartments and Centennial Place | 900 Centennial Place Studio | Studio,1BA | $750 |
| Copenhagen Enterprises | 1815 First Ave Studio | Studio,1BA | $750 |
| Brentwood Apartments | 0BR/1.0BA | Studio,1BA | $752 |
Best Value Apartments for Rent in Minneapolis, MN
As of July 24, 2026 the best value apartment in the Minneapolis area is the $0.69 price per square foot 1023 James Ave N Model at 1023 James Ave N, Unit 1023 in the in the Greater Near North neighborhood starting from $1,500. The second greatest value Minneapolis apartment is the G2: 3 Bedrooms/3 Bathrooms Model at Factory Lofts starting at $776 with a $0.52 price per square foot in the University Of Minnesota neighborhood. Here is today’s list of the best values for Minneapolis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1023 James Ave N, Unit 1023 | 1023 James Ave N | 2BR,1BA | $0.69 |
| Factory Lofts | G2: 3 Bedrooms/3 Bathrooms | 3BR,3BA | $0.52 |
| Grand & Finn II | Now leasing for 2026-27 School Year!! | 4BR,2BA | $0.64 |
| Marshall at Finn | 4B/2B | 4BR,2BA | $0.58 |
| University Village | Large 2B2B - Private | 2BR,2BA | $0.88 |
| The Bridges Dinkytown | B10 | 2BR,2BA | $0.79 |
| Yugo The Sydney at Dinkytown | 2 Bed, 2 Bath DinkyDome Double | 2BR,2BA | $0.47 |
| Bierman Place | The Quad - By-the-bed | 4BR,2BA | $0.53 |
| Marshall Suites Furnished Luxury Apartments | Luxury | 4BR,2BA | $0.65 |
| Radius | C2 | 3BR,2BA | $0.86 |
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 Article
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.
Read ArticleReal 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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Minneapolis, MN Area Reviews
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Stephanie • 4+ years in Minneapolis
February 25, 2025A dream city for outdoorsy types who crave an urban experience...there's nothing like a day at the lakes or hitting up the Grand Rounds. Add amazing theater (like the Guthre) and restaurants and you have the perfect urban (but not too urban) lifestyle. The cost of living is going up but still pretty reasonable compared to most cities of a similar size and with similar cultural opportunities.
Frequently Asked Questions about Minneapolis
What type of rentals are currently available in Minneapolis?
There are currently 5034 Apartments for Rent in Minneapolis, MN with pricing that ranges from $280 to $19,586. There are also 537 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minneapolis ranging from $425 to $13,995.
What is the current price range for Rental Homes in Minneapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Minneapolis ranges from $425 to $13,995 with an average monthly rent of $2,776.
How much are larger Three and Four Bedroom Rentals in Minneapolis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Minneapolis range from $739 to $11,439, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,299 to $5,750. Four Bedroom Single-Family rentals are also available starting from $1,624 and Four Bedroom Apartments start at $649.
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
Authentic Minneapolis: An Insider's 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.
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.
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.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.