Cheap Apartments for Rent in the Lyn-Lake Neighborhood of Minneapolis, MN from $400 (273 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
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property at 2210 Pillsbury Ave

2210 Pillsbury Ave

MinneapolisMN55404

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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Garfield Ave Apartments | 2323
Rent Specials
$841 - $866
Total Monthly Price

Total Monthly Price

Base Rent
$825 - $850
Required Monthly Fees
$16

Total Monthly Price
$841 - $866
Studio Apartments Available Now

Garfield Ave Apartments | 2323

2323 Garfield Ave SMinneapolis, MN 55405
Transit Friendly
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Bryant Manor Apartments
Rent Specials
$857 - $1,427
Total Monthly Price

Total Monthly Price

Base Rent
$845 - $1,415
Required Monthly Fees
$12

Total Monthly Price
$857 - $1,427
Studio to 2 Bedroom Apartments Available Now

Bryant Manor Apartments

3532 Bryant Ave SMinneapolis, MN 55408
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Colfax Manor
Rent Specials
$859 - $1,429
Total Monthly Price

Total Monthly Price

Base Rent
$845 - $1,415
Required Monthly Fees
$14

Total Monthly Price
$859 - $1,429
Studio to 2 Bedroom Apartments Available Now

Colfax Manor

3401 Colfax Ave SMinneapolis, MN 55408
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Kings Highway Apartments
Rent Specials
$879 - $1,129
Total Monthly Price

Total Monthly Price

Base Rent
$865 - $1,115
Required Monthly Fees
$14

Total Monthly Price
$879 - $1,129
Studio to 1 Bedroom Apartments Available Now

Kings Highway Apartments

3548 Dupont Ave SMinneapolis, MN 55408
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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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Garfield Court
Rent Specials
$912
Total Monthly Price

Total Monthly Price

Base Rent
$900
Required Monthly Fees
$12

Total Monthly Price
$912
Studio Apartments Available Now

Garfield Court

2101 Garfield Ave SMinneapolis, MN 55405
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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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Fremont Apartments | 3300
Rent Specials
$926 - $1,126
Total Monthly Price

Total Monthly Price

Base Rent
$915 - $1,115
Required Monthly Fees
$11

Total Monthly Price
$926 - $1,126
Studio to 1 Bedroom Apartments Available Now

Fremont Apartments | 3300

3300 Fremont Ave SMinneapolis, MN 55408
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Colfax Terrace
Rent Specials
$931
Total Monthly Price

Total Monthly Price

Base Rent
$915
Required Monthly Fees
$16

Total Monthly Price
$931
Studio Apartments Available Now

Colfax Terrace

3433-3435 Colfax Ave SMinneapolis, MN 55408
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property at 130 W 28th St

130 W 28th St

MinneapolisMN55408

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Girard Apartments
Rent Specials
$979 - $1,029
Total Monthly Price

Total Monthly Price

Base Rent
$965 - $1,015
Required Monthly Fees
$14

Total Monthly Price
$979 - $1,029
1 Bedroom Apartments Contact Us For Availability

Girard Apartments

3253 Girard Ave SMinneapolis, MN 55408
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Pillsbury Apartments | 2200
$987
Total Monthly Price

Total Monthly Price

Base Rent
$965
Required Monthly Fees
$22

Total Monthly Price
$987
1 Bedroom Apartments Contact Us For Availability

Pillsbury Apartments | 2200

2200 Pillsbury Ave SMinneapolis, MN 55404
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property at 2637 Pleasant Ave

2637 Pleasant Ave

MinneapolisMN55408
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29 Bryant Apartments
Rent Specials
$1,000 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,645
Required Monthly Fees
$55

Total Monthly Price
$1,000 - $1,700
Studio to 2 Bedroom Apartments Available Now

29 Bryant Apartments

2934 Bryant Ave SMinneapolis, MN 55408
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 Lakesbury Apartments priced from $695. Stevens Community Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Lyn-Lake apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Lakesbury ApartmentsAlcoveStudio,1BA$695
Stevens Community ApartmentsStudioStudio,1BA$700
Pleasant View1 Bedroom 1 Bath - Pleasant View1BR,1BA$750
3033 Grand Avenue S.3033 Grand Ave S - StudioStudio,1BA$760
CastletonStudio 1 Bath - CastletonStudio,1BA$785
2731 PillsburyStudio 1 Bath - 2731 PillsburyStudio,1BA$799
3016 Grand Avenue S.3016 Grand Ave S - 1 Bedroom1BR,1BA$800
2876 Humboldt Ave S2876 EfficiencyStudio,1BA$800
2300 Aldrich Ave S0BR/1.0BAStudio,1BA$805
Yorkshire Apartments3125 Holmes Ave - StudioStudio,1BA$840

Best Value Apartments for Rent in Lyn-Lake, MN

As of November 07, 2025 the best value apartment in the Lyn-Lake area is the $1.26 price per square foot 2524 Dupont Ave S Model at 2524 Dupont Ave S, Unit 1 in the in the Calhoun Isles neighborhood starting from $1,895. The second greatest value Lyn-Lake apartment is the 2738 Emerson Ave S Model at 2738 Emerson Ave S, Unit 2738 Emerson avenue starting at $1,795 with a $1.20 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.
2524 Dupont Ave S, Unit 12524 Dupont Ave S2BR,1BA$1.26
2738 Emerson Ave S, Unit 2738 Emerson avenue2738 Emerson Ave S2BR,1BA$1.20
2117 Bryant Ave S, Unit 22117 Bryant Ave S3BR,1BA$1.26
3535 Lyndale Ave S, Unit 23535 Lyndale Ave S3BR,1BA$1.39
Rex DevelopmentRex4Plex1BR,1BA$1.06
2012 Garfield | Origen Living1BR/1.0BA1BR,1BA$1.01
2601/05 Fremont Ave S1BR/1.0BA1BR,1BA$1.27
2315-2321 Dupont Ave S2 bedroom2BR,1BA$1.39
2222 Nicollet AvenueOne Bedroom1BR,1BA$1.24
Pleasant View1 Bedroom 1 Bath - Pleasant View1BR,1BA$1.03

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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

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.

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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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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lyn-Lake, Minneapolis, MN

Ranked #23

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 $840.

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

The cheapest apartment in Lyn-Lake is Pleasant View which is listed at $750, while the average apartment in Lyn-Lake costs $2,750.

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 54 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 $625 which is $2,125 cheaper than the average rent for all rentals in Lyn-Lake.

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.

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.