
Cheap Apartments for Rent in the Lyn-Lake Neighborhood of Minneapolis, MN from $400 (279 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lyn-Lake area of Minneapolis.


432 Ridgewood Ave, Unit attic penthouse

Rose

2704 Aldrich Ave S, Unit 1 (2704)

Total Monthly Price
2417 Garfield Apartments

Stevens Community Apartments

3419 Nicollet Avenue

1820 1st Ave S

2426 Blaisdell

Total Monthly Price
AVID Uptown
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Greenway Apartments

3549 Emerson Ave S, Unit 001

Mall Apartments

Total Monthly Price
Knox and Lagoon Apartments

Abbott Apartments

Total Monthly Price
Colfax Villas I

Uptown Plaza

Garfield Apartments

Total Monthly Price
Flats at Emerson

2217 Colfax Ave South, Unit Studio
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.

2120 Aldrich Ave S

Total Monthly Price
Marcelle

29 Bryant Apartments

2120 Garfield Avenue

Total Monthly Price
Colfax Terrace

Total Monthly Price
Bryant Manor

Total Monthly Price
Colfax Manor

2118 Pillsbury Ave

2218 Nicollet Ave, Unit 23

3300 Grand Ave S
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.

3308 Girard Ave S, Unit 101

Total Monthly Price
440 Ridgewood Ave, Unit 440 Ridgewood

Total Monthly Price
Girard Apartments

2205 Bryant Ave S

2715 dupont ave S.

Total Monthly Price
Garfield Court

Total Monthly Price
Belmont Apartments

2725 Pleasant Ave

Total Monthly Price
242 West Franklin Ave

Ridgewood Arches
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.

The Asher

2100 Aldrich

Total Monthly Price
3508 Colfax Ave S

2747 DuPont Ave S, Unit 201

Fair Oaks Apartment Homes

3245 3rd Ave S

2616 Harriet Ave, Unit 215

Akin Apartments

Odie Apartments

Total Monthly Price
The Central
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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 | $1,144 | $595 | $1,688 |
| Lyn-Lake 1 Bedroom Apartments | $1,405 | $895 | $2,173 |
| Lyn-Lake 2 Bedroom Apartments | $2,074 | $775 | $4,358 |
| Lyn-Lake 3 Bedroom Apartments | $2,700 | $1,325 | $7,163 |
| Lyn-Lake 4 Bedroom Apartments | $4,469 | $2,289 | $8,718 |
Browse Apartments in this Neighborhood
There are currently 279 rentals with your search options within a 1 mile radius of the Lyn-Lake Neighborhood of Minneapolis, MN.
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Lyn-Lake, Minneapolis, MN Local Guide
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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 $795. COLFAX VILLAS has the second lowest priced unit, which is a Studio apartment currently listed from $799. 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 | $795 |
| COLFAX VILLAS | Studio | Studio,1BA | $799 |
| 3419 Nicollet Avenue | 3419 Nicollet Ave - Studio | Studio,1BA | $800 |
| 3325 Nicollet Avenue | 3325 Nicollet Ave - Studio | Studio,1BA | $800 |
| 3033 Grand Avenue S. | 3033 Grand Ave S - Studio | Studio,1BA | $828 |
| 2426 Blaisdell | Studio | Studio,1BA | $849 |
| Greenway Apartments | Blaisdell Studio | Studio,1BA | $875 |
| 424 West 24th Street | Harriet | 1BR,1BA | $890 |
| Abbott Apartments | Studio | Studio,1BA | $895 |
| Colfax Villas I | Studio | Studio,1BA | $899 |
Best Value Apartments for Rent in Lyn-Lake, MN
As of July 06, 2026 the best value apartment in the Lyn-Lake area is the $1.00 price per square foot 2560 Dupont Avenue South Model at 2560 Dupont Avenue South, Unit Apt 2 in the in the Calhoun Isles neighborhood starting from $1,500. The second greatest value Lyn-Lake apartment is the 3400 Fremont Ave S Model at 3400 Fremont Ave S, Unit Upper starting at $1,850 with a $1.37 price per square foot in the Lowry Hill East 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. |
|---|---|---|---|
| 2560 Dupont Avenue South, Unit Apt 2 | 2560 Dupont Avenue South | 3BR,1BA | $1.00 |
| 3400 Fremont Ave S, Unit Upper | 3400 Fremont Ave S | 2BR,1BA | $1.37 |
| 1305 W 34th St | 2 BD 1 BA | 2BR,1BA | $1.35 |
| 1107 W 24th St, Unit 2 | 1107 W 24th St | 2BR,1BA | $1.29 |
| 608 Ridgewood Ave | 2BR/2.0BA | 2BR,2BA | $1.38 |
| 2828 Blaisdell Ave, Unit 2 Bedroom Apartment | 2828 Blaisdell Ave | 2BR,1BA | $1.35 |
| 2101 3rd Ave | 1 Bedroom 1 Bath - 2101 3rd Ave | 1BR,1BA | $1.20 |
| 2222 Nicollet Avenue | 2222 | One Bedroom | 1BR,1BA | $1.34 |
| Uptown Plaza | 1BR/1.0BA | 1BR,1BA | $1.43 |
| 2014 3rd Ave | 2 Bedroom 1 Bath - 2014 3rd Ave | 2BR,1BA | $1.31 |
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 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 ArticleReal 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.
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 #34
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 $899.
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 $5,186.
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 28 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 $166 which is $5,020 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.