Cheap Apartments for Rent in the Lee Park Neighborhood of Minneapolis, MN from $825 (52 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lee Park area of Minneapolis.

property at 4425 York Ave N

$725 - $1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$725 - $1,200

Total Monthly Price
$725 - $1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

4425 York Ave N

MinneapolisMN55422
property at 4937 Beard Ave N

$850

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

4937 Beard Ave N

MinneapolisMN55429
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Beam
$1,191 - $2,614
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Beam

1820 W Broadway AveMinneapolis, MN 55411
Cost Per Sq.Ft.
  • Verified
  • Utilities Included
  • Low Income

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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Chelsea Park
$1,215 - $1,620
Total Monthly Price

Total Monthly Price

Base Rent
$1,215 - $1,620

Total Monthly Price
$1,215 - $1,620
1 to 2 Bedroom Apartments Contact Us For Availability

Chelsea Park

4200 45th Ave NMinneapolis, MN 55422
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 7225 Valley Pl

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

7225 Valley Pl

MinneapolisMN55427
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Commons at Penn
1 to 3 Bedroom Apartments

Commons at Penn

2211 Golden Valley RdMinneapolis, MN 55411
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Broadway 2407
2 Bedroom Apartments

Broadway 2407

2407 W Broadway AveMinneapolis, MN 55411
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1615 26th Ave N
1 to 2 Bedroom Apartments

1615 26th Ave N

1615 26th Ave NMinneapolis, MN 55411
  • Utilities Included
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Winnetka Manor Apartments
1 to 2 Bedroom Apartments

Winnetka Manor Apartments

4511-4521 Winnetka Ave NMinneapolis, MN 55428
  • Utilities Included

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.

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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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Penn Avenue Union
1 to 3 Bedroom Apartments

Penn Avenue Union

2200 Golden Valley RdMinneapolis, MN 55411
property at 2700 Rosalyn Ct

$1,199

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,199

Total Monthly Price
$1,199

1 Bedroom, 1 Bath Home for Rent

Available Sep 10

2700 Rosalyn Ct

MinneapolisMN55427
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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
property at 1709 N 26th Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

1709 N 26th Ave

MinneapolisMN55411
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Morada
$1,027 - $1,597
Total Monthly Price

Total Monthly Price

Base Rent
$1,019 - $1,589
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Morada

3501 Louisiana Ave NCrystal, MN 55427
  • Verified
  • Customer Reviewed

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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Sumter Green Apartments
Rent Specials
$1,222 - $1,582
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,175 - $1,535
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Sumter Green Apartments

3016 Sumter Ave NCrystal, MN 55427
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Hidden Creek
Studio to 2 Bedroom Apartments

Hidden Creek

7104 36th Ave NNew Hope, MN 55427
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Broadway West Apartments
1 to 2 Bedroom Apartments

Broadway West Apartments

3711 W Broadway AveRobbinsdale, MN 55422
  • Utilities Included
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36th Ave Apartments
1 Bedroom Apartments

36th Ave Apartments

7017-7025 36th Ave NCrystal, MN 55427
Corporate Housing

Lee Park - One of the Best Affordable Neighborhoods in Minneapolis

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

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The Point Apartments
1 to 2 Bedroom Apartments

The Point Apartments

3829 W Broadway AveRobbinsdale, MN 55422
  • Utilities Included
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West End Trails
1 to 2 Bedroom Apartments

West End Trails

1500 Douglas Dr NGolden Valley, MN 55422
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Crystal Lake Estates
1 to 2 Bedroom Apartments

Crystal Lake Estates

3340-3350 Drew Ave NRobbinsdale, MN 55422
  • Utilities Included
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Sedona Hills Apartments
1 to 3 Bedroom Apartments

Sedona Hills Apartments

6410 Medicine Lake RdCrystal, MN 55427
  • Utilities Included
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Emerald Pointe
1 to 2 Bedroom Apartments

Emerald Pointe

7611 36th Ave NNew Hope, MN 55427
  • Utilities Included
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Duluth Street Flats
1 to 3 Bedroom Apartments

Duluth Street Flats

6150 St Croix AveGolden Valley, MN 55422

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.

Lee Park, Minneapolis, MN Local Guide

Cheapest Available Lee Park Apartments for Rent

 

The cheapest available apartment rental in the Lee Park area of Minneapolis, MN is a 1 Bed unit found at Commons at Penn priced from $850. Broadway 2407 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $895. Here are the most affordable Lee Park apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Commons at Penn1 Bedroom1BR,1BA$850
Broadway 2407Broadway 2407 - 82BR,1BA$895
St. Anne's Senior HousingStudioStudio,1BA$899
Cambridge Court Apartments1-Bedroom Small1BR,1BA$941
Golden Valley Apartments1BR/1BA1BR,1BA$945
Regent Place Apartments Hwy 100StudioStudio,1BA$995
Robinwood Apartments1-BR1BR,1BA$1,029
Oria Lakeview Apartments1 Bedroom 1 Bath1BR,1BA$1,100
Cabana Apartments2 Bedroom/1Bath2BR,1BA$1,100
Northumberland ApartmentsOne Bedroom1BR,1BA$1,150

Best Value Apartments for Rent in Lee Park, MN

As of August 30, 2026 the best value apartment in the Lee Park area is the $1.35 price per square foot 3 Bedroom-T1 Model at Beam in the in the Jordan neighborhood starting from $2,395. The second greatest value Lee Park apartment is the 412-2B Model at West Broadway Crescent starting at $1,350 with a $1.35 price per square foot in the Jordan neighborhood. Here is today’s list of the best values for Lee Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Beam3 Bedroom-T13BR,2.5BA$1.35
West Broadway Crescent412-2B2BR,1BA$1.35
Cabana Apartments2 Bedroom/1Bath2BR,1BA$1.10
Commons at Penn2 Bedroom2BR,1BA$1.14
Douglas Drive TerraceTwo Bedroom Silver2BR,1BA$1.51
Wingate Apartments1-bedroom1BR,1BA$1.55
Broadway 2407Broadway 2407 - 82BR,1BA$1.19
Golden Valley Apartments1BR/1BA1BR,1BA$1.26
Cambridge Court Apartments1-Bedroom Small1BR,1BA$1.30
Robinwood Apartments1-BR1BR,1BA$1.49

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.

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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.

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Real 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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Pet Friendly Lifestyle
Lee Park, Minneapolis, MN

Ranked #157

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Lee Park Apartments

What is the price of a cheap apartment in Lee Park?

The cheapest apartment in Lee Park is Commons at Penn which is listed at $850, while the average apartment in Lee Park costs $1,497.

What types of apartments are the cheapest in Lee Park?

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 6 regular apartments in Lee Park 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 Lee Park?

Cheap apartments in Lee Park have an average cost of $421 which is $1,076 cheaper than the average rent for all rentals in Lee Park.

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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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.

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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.

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.

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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

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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.

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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.