Cheap Apartments for Rent in the Lyn-Lake Neighborhood of Minneapolis, MN from $400 (333 Rentals)

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

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Rose
$725 - $1,695
Plus Fees1 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Rose

1928 Portland AveMinneapolis, MN 55404
Student Housing
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  • Customer Reviewed
  • 3D Tour
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AVID Uptown
$862 - $1,112
Total Monthly Price

Total Monthly Price

Base Rent
$795 - $1,045
Required Monthly Fees
$67

Total Monthly Price
$862 - $1,112
Studio to 1 Bedroom Apartments Available May 1

AVID Uptown

3431 Dupont Ave SMinneapolis, MN 55408
Student Housing
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  • Customer Reviewed
  • 3D Tour
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Marcelle
$877 - $1,162
Total Monthly Price

Total Monthly Price

Base Rent
$860 - $1,145
Required Monthly Fees
$17

Total Monthly Price
$877 - $1,162
1 to 2 Bedroom Apartments Available Now

Marcelle

2400 Harriet Ave SMinneapolis, MN 55405
Transit Friendly
  • Verified
  • Low Income

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Bryant Manor
Rent Specials
$894 - $1,464
Total Monthly Price

Total Monthly Price

Base Rent
$875 - $1,445
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Bryant Manor

3532 Bryant Ave SMinneapolis, MN 55408
Affordability
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  • Utilities Included
property at 2216 Pleasant Ave

$895 - $995

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

Studio To 1 Bedroom Rentals

Available Now

2216 Pleasant Ave

MinneapolisMN55404
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Ellis and Louise Apartments
$900 - $1,330
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900 - $1,330

Total Monthly Price
$900 - $1,330
Studio to 2 Bedroom Apartments Contact Us For Availability

Ellis and Louise Apartments

3440 Dupont Ave SMinneapolis, MN 55408
Affordability
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  • Utilities Included
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property at 2725 Pleasant Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

Studio, 1 Bath Home for Rent

Available Apr 10

2725 Pleasant Ave

MinneapolisMN55408
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Knox and Lagoon Apartments
$925 - $1,450
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925 - $1,450

Total Monthly Price
$925 - $1,450
1 to 2 Bedroom Apartments Available Apr 15

Knox and Lagoon Apartments

2901 Knox Ave SMinneapolis, MN 55408
Transit Friendly
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  • Utilities Included
  • Smoke Free

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.

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Belmont Apartments
$946 - $1,246
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925 - $1,225
Required Monthly Fees
$21

Total Monthly Price
$946 - $1,246
Studio to 2 Bedroom Apartments Available Now

Belmont Apartments

1000 Franklin Ave WMinneapolis, MN 55403
Transit Friendly
  • Verified
  • Customer Reviewed
  • Low Income
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Colfax Terrace
Rent Specials
$964 - $1,424
Total Monthly Price

Total Monthly Price

Base Rent
$935 - $1,395
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Colfax Terrace

3433-3435 Colfax Ave SMinneapolis, MN 55408
Affordability
  • Verified
  • Utilities Included
property at 1910 1st Ave S

$990

Total Monthly Price

Total Monthly Price

Base Rent
$990

Total Monthly Price
$990

1 Bedroom, 1 Bath Home for Rent

Available Now

1910 1st Ave S

MinneapolisMN55403
property at 2525 3rd Ave S

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

2525 3rd Ave S

MinneapolisMN55404
property at 220 E 19th St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

220 E 19th St

MinneapolisMN55403

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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Uptown Square
Rent Specials
$1,019 - $1,309
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,019 - $1,309

Total Monthly Price
$1,019 - $1,309
Studio to 1 Bedroom Apartments Available Now

Uptown Square

2908 Bryant Ave SMinneapolis, MN 55408
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Isles West
$1,030
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950
Required Monthly Fees
$80

Total Monthly Price
$1,030
Studio Apartments Contact Us For Availability

Isles West

1115-1125 W 28th StMinneapolis, MN 55408
Transit Friendly
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  • 3D Tour
  • Smoke Free
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3508 Colfax Ave S
$1,030
Total Monthly Price

Total Monthly Price

Base Rent
$875
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Contact Us For Availability

3508 Colfax Ave S

3508 Colfax Ave SMinneapolis, MN 55408
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Garfield Court
$1,032 - $1,262
Total Monthly Price

Total Monthly Price

Base Rent
$1,020 - $1,250
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Jun 1

Garfield Court

2101 Garfield Ave SMinneapolis, MN 55405
Corporate Housing
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  • Utilities Included
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The Central
Rent Specials
$1,033 - $1,384
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,028 - $1,379
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Central

3503 2nd Ave SMinneapolis, MN 55408
Affordability
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  • 3D Tour
  • Smoke Free
property at 1 1/2 E 26th St

$1,045

Total Monthly Price

Total Monthly Price

Base Rent
$1,045

Total Monthly Price
$1,045

1 Bedroom, 1 Bath Home for Rent

Available Jun 5

1 1/2 E 26th St

MinneapolisMN55404
property at 2006-2008 Dupont Ave S

$1,047

Total Monthly Price

Total Monthly Price

Base Rent
$1,047

Total Monthly Price
$1,047

1 Bedroom, 1 Bath Home for Rent

Available Now

2006-2008 Dupont Ave S

MinneapolisMN55405

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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.

property at 2637 Pleasant Ave

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

2637 Pleasant Ave

MinneapolisMN55408
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Colfax Manor
Rent Specials
$1,070 - $1,170
Total Monthly Price

Total Monthly Price

Base Rent
$1,045 - $1,145
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Apr 8

Colfax Manor

3401 Colfax Ave SMinneapolis, MN 55408
Transit Friendly
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  • Customer Reviewed
  • Utilities Included
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Pillsbury Flats
Rent Specials
$1,092 - $1,147
Total Monthly Price

Total Monthly Price

Base Rent
$1,075 - $1,130
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available May 1

Pillsbury Flats

2508-2520 Pillsbury Ave SMinneapolis, MN 55404
Transit Friendly
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  • Utilities Included
  • Smoke Free
property at 2718 Grand Ave S

$1,095 - $1,995

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,095 - $1,995

Total Monthly Price
$1,095 - $1,995

Studio To 2 Bedroom Townhomes for Rent

Available Now

2718 Grand Ave S

MinneapolisMN55408
property at 2545 Garfield Ave

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

Studio, 1 Bath Home for Rent

Available Now

2545 Garfield Ave

MinneapolisMN55405

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Lyn-Lake, Minneapolis, MN Local Guide

Cheapest Available Lyn-Lake Apartments for Rent

 

The cheapest available apartment rental in the Lyn-Lake area of Minneapolis, MN is a Studio unit found at Castleton priced from $785. Stevens Community Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Lyn-Lake apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
CastletonStudio 1 Bath - CastletonStudio,1BA$785
Stevens Community ApartmentsStudioStudio,1BA$795
2741 PillsburyStudio 1 Bath - 2741 PillsburyStudio,1BA$799
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio,1BA$800
2426 BlaisdellStudioStudio,1BA$849
2876 Humboldt Ave S2876 EfficiencyStudio,1BA$850
Mall ApartmentsStudioStudio,1BA$860
2224 Emerson Avenue South0BR/1.0BAStudio,1BA$875
901-909 Summit Ave S0BR/1.0BAStudio,1BA$875
Greenway ApartmentsBlaisdell StudioStudio,1BA$875

Best Value Apartments for Rent in Lyn-Lake, MN

As of April 05, 2026 the best value apartment in the Lyn-Lake area is the $1.26 price per square foot 2613 Bryant Ave S Model at 2613 Bryant Ave S, Unit 2613 Bryant Ave S - FL1 in the in the Calhoun Isles neighborhood starting from $2,600. The second greatest value Lyn-Lake apartment is the 2BR/1.0BA Model at 3033 James Ave S starting at $1,385 with a $1.26 price per square foot in the Calhoun Isles neighborhood. Here is today’s list of the best values for Lyn-Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2613 Bryant Ave S, Unit 2613 Bryant Ave S - FL12613 Bryant Ave S3BR,1BA$1.26
3033 James Ave S2BR/1.0BA2BR,1BA$1.26
Emerson Manor Flats2BR/1.0BA2BR,1BA$1.36
Rex DevelopmentRex4Plex1BR,1BA$1.06
2222 Nicollet AvenueOne Bedroom1BR,1BA$1.23
2715 dupont ave S.11BR,1BA$1.47
2545 Garfield1 Bedroom 1 Bath - 2545 Garfield1BR,1BA$1.29
2014 3rd Ave2 Bedroom 1 Bath - 2014 3rd Ave2BR,1BA$1.34
3419 Nicollet Avenue3419 Nicollet Ave - 2 Bedroom2BR,1BA$1.43
2300 Nicollet AvenueOne Bedroom1BR,1BA$1.45

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Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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.

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Pet Friendly Lifestyle
Lyn-Lake, Minneapolis, MN

Ranked #33

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across Minnesota, including Minneapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, pet-friendly features, places to raise kids, proximity to transit, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Lyn-Lake Apartments

What is a cheap apartment in Lyn-Lake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lyn-Lake is under $875.

What is the price of a cheap apartment in Lyn-Lake?

The cheapest apartment in Lyn-Lake is Stevens Community Apartments which is listed at $800, while the average apartment in Lyn-Lake costs $6,630.

What types of apartments are the cheapest in Lyn-Lake?

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 25 regular apartments in Lyn-Lake 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 Lyn-Lake?

Cheap apartments in Lyn-Lake have an average cost of $163 which is $6,467 cheaper than the average rent for all rentals in Lyn-Lake.

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.

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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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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

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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.