
Cheap Apartments for Rent in the Lyn-Lake Neighborhood of Minneapolis, MN from $400 (275 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lyn-Lake area of Minneapolis.


Rose

Lakesbury Apartments | Leasing Studio, Alcove, & 1-Bedroom Apartments!

2731 Pillsbury

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Garfield Ave Apartments | 2323

2426 Blaisdell

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Bryant Manor Apartments

Mall Apartments

Pillsbury Apartments
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.

1818 La Salle Ave

Greenway Apartments

Colfax Villas I

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Ellis and Louise Apartments

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2400 Harriet Ave Apartments | Origen Living

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2417 Garfield Ave Apartments | Origen Living

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Updated Boutique 28 Unit Building on Emerson

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Colfax Terrace

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Garfield Court
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.

Abbott Apartments

2536 Lyndale Ave S

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Knox and Lagoon Apartments

2222 Nicollet Avenue

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Kings Highway Apartments

2205 Bryant Ave: The Lowry Hill Nook

Uptown Plaza

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Fremont Apartments | 3300

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Isles East

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Girard Apartments
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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1910 1st Ave S

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Pillsbury Apartments | 2200

2637 Pleasant Ave

2828 Humboldt Ave S

2000-2002 Dupont Ave S

The Central

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29 Bryant Apartments

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2001 Bryant Ave S

Uptown Square
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.

2715 dupont ave S.

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3523 Grand Ave S

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2413 DuPont Ave S, Unit 2

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2600 Bryant Ave S

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Alexander Apartments

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242 West Franklin Ave

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Lakefield Apartments

3515 2nd Ave S

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Mission Lofts

Calhoun Park Terrace
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.
Lyn-Lake, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Lyn-Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lyn-Lake Studio Apartments | $1,134 | $725 | $1,692 |
| Lyn-Lake 1 Bedroom Apartments | $1,411 | $850 | $2,116 |
| Lyn-Lake 2 Bedroom Apartments | $2,071 | $907 | $5,375 |
| Lyn-Lake 3 Bedroom Apartments | $2,218 | $1,325 | $6,395 |
| Lyn-Lake 4 Bedroom Apartments | $2,471 | $1,795 | $3,200 |
Browse Apartments in this Neighborhood
There are currently 275 rentals with your search options within a 1 mile radius of the Lyn-Lake Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Lyn-Lake, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
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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 Stevens Community Apartments priced from $700. Lakesbury Apartments | Leasing Studio, Alcove, & 1-Bedroom Apartments! has the second lowest priced unit, which is a Studio apartment currently listed from $755. Here are the most affordable Lyn-Lake apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stevens Community Apartments | Studio | Studio,1BA | $700 |
| Lakesbury Apartments | Leasing Studio, Alcove, & 1-Bedroom Apartments! | Studio | Studio,1BA | $755 |
| 2731 Pillsbury | Studio 1 Bath - 2731 Pillsbury | Studio,1BA | $799 |
| 2741 Pillsbury | 1 Bedroom 1 Bath - 2741 Pillsbury | 1BR,1BA | $799 |
| 2876 Humboldt Ave S | 2876 Efficiency | Studio,1BA | $800 |
| 2426 Blaisdell | Studio | Studio,1BA | $849 |
| 2115 3rd Ave | Studio 1 Bath - 2115 3rd Ave | Studio,1BA | $850 |
| Mall Apartments | Studio | Studio,1BA | $860 |
| Pillsbury Apartments | Studio | Studio,1BA | $875 |
| 901-909 Summit Ave S | 0BR/1.0BA | Studio,1BA | $875 |
Best Value Apartments for Rent in Lyn-Lake, MN
As of December 23, 2025 the best value apartment in the Lyn-Lake area is the $1.20 price per square foot 2738 Emerson Ave S Model at 2738 Emerson Ave S, Unit 2738 Emerson avenue in the in the Calhoun Isles neighborhood starting from $1,795. The second greatest value Lyn-Lake apartment is the 2BR/1.0BA Model at 2601/05 Fremont Ave S starting at $1,350 with a $1.04 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2738 Emerson Ave S, Unit 2738 Emerson avenue | 2738 Emerson Ave S | 2BR,1BA | $1.20 |
| 2601/05 Fremont Ave S | 2BR/1.0BA | 2BR,1BA | $1.04 |
| 2117 Bryant Ave S, Unit 2 | 2117 Bryant Ave S | 3BR,1BA | $1.26 |
| Rex Development | Rex4Plex | 1BR,1BA | $1.06 |
| 1619 Lagoon Ave | 2BR/1.0BA | 2BR,1BA | $1.34 |
| 2012 Garfield | Origen Living | 1BR/1.0BA | 1BR,1BA | $1.11 |
| 2222 Nicollet Avenue | One Bedroom | 1BR,1BA | $1.24 |
| 2417 Garfield Ave Apartments | Origen Living | 1BR/1.0BA | 1BR,1BA | $1.23 |
| Uptown Plaza | 1BR/1.0BA | 1BR,1BA | $1.36 |
| 2741 Pillsbury | 1 Bedroom 1 Bath - 2741 Pillsbury | 1BR,1BA | $1.32 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleEnjoy 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 ArticleQuick 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.
Pet Friendly LifestyleLyn-Lake, Minneapolis, MN
Ranked #25
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $795, while the average apartment in Lyn-Lake costs $2,292.
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 46 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 $445 which is $1,847 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

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.

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.

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.

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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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.


