1343 95th Ave NE
MinneapolisMN55434
Cheap Homes for Rent in Minneapolis, MN from $500 (113 Rentals)
Search the lowest-cost Homes available for rent right now in Minneapolis.
2545 Cedar Ave S
MinneapolisMN55404
9845 Pillsbury Ave S, Unit Lower Bedroom end
9845 Pillsbury Ave S
BloomingtonMN55420
1984 Marshall Ave
St. PaulMN55105
2334 Brewster St
St. PaulMN55108
3224 Hennepin Ave, Unit 3 - Room A
3224 Hennepin Ave
MinneapolisMN55408
1129 SE 8th St
MinneapolisMN55414
3401 Yukon Ave S
St. Louis ParkMN55426
2616 Harriet Ave, Unit 319
2616 Harriet Ave
MinneapolisMN55408
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$895
Plus Fees
1 Bedroom Apartments Available Now1818 La Salle Ave
1818 La Salle AveMinneapolis, MN 55403
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$895
Plus Fees
Studio Apartments Available Nov 11111 W Minnehaha Ave
1111 W Minnehaha AveSt. Paul, MN 55104
3232 Fremont Ave N
MinneapolisMN55412
311 Osceola Ave S
St. PaulMN55102
1818 E 41st St
MinneapolisMN55407
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1304 W Medicine Lake Dr
MinneapolisMN55441
2535 11th Ave S
MinneapolisMN55404
7172 72nd Ln N
Brooklyn ParkMN55428
4207 Lakeside Ave N
MinneapolisMN55429
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$1,175
Plus Fees
1 Bedroom Apartments Available Now2010 19th Ave NE
2010 19th Ave NEMinneapolis, MN 55418
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2512 Fremont Ave N
MinneapolisMN55411
1214 Sherburne Ave
St. PaulMN55104
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2726 DuPont Ave S
MinneapolisMN55408
574 37th Ave NE, Unit Upstairs
574 37th Ave NE
MinneapolisMN55421
2601 Kenzie Ter, Unit 131
2601 Kenzie Ter
MinneapolisMN55418
3408 3rd Ave S
MinneapolisMN55408
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$1,250
Plus Fees
1 Bedroom Apartments Available Now3606 N Bryant Ave
3606 N Bryant AveMinneapolis, MN 55412
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$1,275
Plus Fees
2 Bedroom Apartments Available Nov 18813 18th Ave S
8813 18th Ave SBloomington, MN 55425
7673 E River Rd
FridleyMN55432
210 W Grant St
MinneapolisMN55403
4129 N Colfax Ave
MinneapolisMN55412
2720 Rosalyn Ct
New HopeMN55427
3227 29th Ave S
MinneapolisMN55406
9400 Old Cedar Ave S, Unit 105
9400 Old Cedar Ave S
BloomingtonMN55425
3400 Elliot Ave
MinneapolisMN55407
9400 Old Cedar Ave S
BloomingtonMN55425
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$1,295
Plus Fees
1 Bedroom Apartments Available Nov 221707 Tatum St
1707 Tatum StFalcon Heights, MN 55113
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7330 York Ave S
MinneapolisMN55435
2710 Rosalyn Ct
MinneapolisMN55427
4125 17th Ave S
MinneapolisMN55407
4615 34th Ave S
MinneapolisMN55406
6710 Vernon Ave S
MinneapolisMN55436
2616 Harriet Ave
MinneapolisMN55408
4101 Parklawn Ave
MinneapolisMN55435
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$1,320
Plus Fees
2 Bedroom Apartments Available Nov 12832 S 31st Ave
2832 S 31st AveMinneapolis, MN 55406
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 | $2,002 | $560 | $4,495 |
| Minneapolis 3 Bedroom Homes for Rent | $2,449 | $1,500 | $6,495 |
| Minneapolis 4 Bedroom Homes for Rent | $2,983 | $725 | $10,000+ |
| Minneapolis 5 Bedroom Homes for Rent | $3,970 | $2,300 | $10,000+ |
| Minneapolis 6 Bedroom Homes for Rent | $3,398 | $700 | $4,400 |
| Minneapolis 7 Bedroom Homes for Rent | $4,550 | $4,550 | $4,550 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Minneapolis
Explore Minneapolis
Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Minneapolis, MN
Pricing Updated: 10/21/2025Current apartment rentals in the Minneapolis, MN area range in price from $469 to $15,685 with an overall median price of $2,849. The three Minneapolis neighborhoods with the lowest median rent pricing are North of Maryland at $895, Stevens Square at $675, and Lilly Lake at $800. 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 |
|---|---|---|---|
| North of Maryland | $1,301 | $895 | 41 |
| Stevens Square | $1,322 | $675 | 87 |
| Lilly Lake | $1,621 | $800 | 47 |
| Central | $1,650 | $995 | 10 |
| Birchwood Village | $1,695 | $1,025 | 71 |
| Southeast New Brighton | $1,699 | $995 | 49 |
| Bald Eagle | $1,699 | $1,025 | 35 |
| 38th Avenue North | $1,700 | $995 | 13 |
| Douglas Drive North | $1,700 | $995 | 8 |
| Powderhorn | $1,700 | $805 | 46 |
Cheapest Available Minneapolis Apartments for Rent
The cheapest available apartment rental in Minneapolis, MN is a 4 Beds unit found at Radius in the University Of Minnesota neighborhood priced from $479. Yugo Minneapolis Sydney Hall in the University Of Minnesota neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $489. Here is today’s list of the most affordable Minneapolis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Radius | D5 | 4BR,3BA | $479 |
| Yugo Minneapolis Sydney Hall | 2 Bed, 2 Bath DinkyDome Double Renovated | 2BR,2BA | $489 |
| Allianze Sr. Community | 1X1 | 1BR,1BA | $500 |
| Paige Hall | Efficiency | Studio,1BA | $551 |
| Shelby Commons | One Bedroom | 1BR,1BA | $624 |
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Buri Manor | Efficiency | Studio,1BA | $699 |
| Stevens Community Apartments | Studio | Studio,1BA | $700 |
| Lincoln Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $700 |
| 214 Oak Grove | Origen Living | 0BR/1.0BA | Studio,1BA | $712 |
Best Value Apartments for Rent in Minneapolis, MN
As of October 21, 2025 the best value apartment in the Minneapolis area is the $0.96 price per square foot 7207 Heatherton Cir Model at 7207 Heatherton Cir in the in the Armatage neighborhood starting from $2,995. The second greatest value Minneapolis apartment is the 834 University Ave W Model at 834 University Ave W, Unit 2 starting at $2,029 with a $0.72 price per square foot in the Summit-University 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. |
|---|---|---|---|
| 7207 Heatherton Cir | 7207 Heatherton Cir | 3BR,3BA | $0.96 |
| 834 University Ave W, Unit 2 | 834 University Ave W | 5BR,1BA | $0.72 |
| 796 Stewart Ave, Unit 796 | 796 Stewart Ave | 6BR,6BA | $0.40 |
| 4136 Girard Ave N, Unit 4136 | 4136 Girard Ave N | 3BR,2BA | $0.86 |
| Factory Lofts | G2: 3 Bedrooms/3 Bathrooms | 3BR,3BA | $0.50 |
| Radius | D2 | 4BR,2BA | $0.63 |
| 2300 Nicollet Avenue | One Bedroom | 1BR,1BA | $0.88 |
| Bierman Place | The Quad - By-the-bed | 4BR,2BA | $0.65 |
| Marshall at Finn | 3 Beds, 1 bath | 3BR,1BA | $0.98 |
| The Marshall | 2DX2B | 2BR,2BA | $0.78 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMinneapolis, MN
Ranked #1
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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Minneapolis, MN Area Reviews
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Let everyone know!
Write a Review
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 5011 Apartments for Rent in Minneapolis, MN with pricing that ranges from $469 to $15,685. There are also 657 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minneapolis ranging from $560 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 $560 to $19,500 with an average monthly rent of $3,339.
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 $9,923, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $6,495. Four Bedroom Single-Family rentals are also available starting from $725 and Four Bedroom Apartments start at $479.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.