
Cheap Townhomes for Rent in Minneapolis, MN from $700 (25 Rentals)
Search the lowest-cost Townhomes available for rent right now in Minneapolis.


3018 Aldrich Ave S

524 20th Ave S, Unit 4
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.

3446 Pleasant Ave

1501 American Blvd E

1815 Clinton Ave

1018 Carroll Ave

1601 N Innsbruck Dr

2701 Harriet Ave

2107 Grand St NE

389 Fairview Ave N Unit 1

3241 Douglas Dr N
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.

528 20th Ave NE

1605 Portland Ave

3116 Oakland Ave

1711 Ashland Ave

2885 Knox Ave S

313 14th Ave NE, Unit First Floor Duplex
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

6109-6111 Nicollet Ave

3118 Oakland Ave

4228 DuPont Ave N
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

10628 Hummingbird St NW

2600 University Ave SE

2105 N Aldrich Ave

3275 Library Ln
Minneapolis, MN Local Guide

How much does it cost to rent a home in Minneapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Minneapolis 2 Bedroom Homes for Rent | $1,983 | $1,195 | $4,050 |
Minneapolis 3 Bedroom Homes for Rent | $2,455 | $1,595 | $10,000+ |
Minneapolis 4 Bedroom Homes for Rent | $3,172 | $700 | $10,000+ |
Minneapolis 5 Bedroom Homes for Rent | $3,855 | $2,250 | $10,000+ |
Minneapolis 6 Bedroom Homes for Rent | $3,426 | $2,450 | $5,075 |
Explore Minneapolis
Minneapolis, MN Local Guide
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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.
Minneapolis, MN Area Reviews
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 4973 Apartments for Rent in Minneapolis, MN with pricing that ranges from $479 to $15,685. There are also 510 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minneapolis ranging from $700 to $19,500.
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 $700 to $19,500 with an average monthly rent of $2,570.
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 $495 to $12,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $10,000. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $495.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.