
Cheap Apartments for Rent in the Lyn-Lake Neighborhood of Minneapolis, MN from $400 (307 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lyn-Lake area of Minneapolis.


Rose

Yorkshire Apartments

Stevens Community Apartments

3419 Nicollet Avenue

2426 Blaisdell

Greenway Apartments

Mall Apartments

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Knox and Lagoon Apartments

Abbott 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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Colfax Villas I

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Ellis and Louise Apartments

Garfield Apartments

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Flats at Emerson

2118 Pillsbury Ave

2100 Aldrich

2120 Aldrich Ave S

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2417 Garfield Apartments

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Marcelle

29 Bryant Apartments
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.

2120 Garfield Avenue

220 E 19th St

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Colfax Terrace

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Bryant Manor

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Colfax Manor

1920 Stevens Ave, Unit 5

1901 Lyndale

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Belmont Apartments

2205 Bryant Ave: The Lowry Hill Nook

Uptown Plaza
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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Girard Apartments

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Garfield Court

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The Central

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242 West Franklin Ave

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3508 Colfax Ave S

2616 Harriet Ave, Unit 215

1820 1st Ave S, Unit 301

2012-2014 Dupont Ave S

3245 3rd Ave S
Lyn-Lake - 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!

Ridgewood Arches

Odie Apartments

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AVID Uptown

3308 Girard Ave S, Unit 304

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Garfield Terrace

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1910 1st Ave S

2740 Pleasant Ave

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Pillsbury Flats

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Bryant Towers

PURE Lowry
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.
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 | $1,150 | $595 | $1,594 |
| Lyn-Lake 1 Bedroom Apartments | $1,444 | $895 | $2,193 |
| Lyn-Lake 2 Bedroom Apartments | $2,060 | $775 | $4,358 |
| Lyn-Lake 3 Bedroom Apartments | $2,685 | $1,325 | $8,062 |
| Lyn-Lake 4 Bedroom Apartments | $3,210 | $2,289 | $7,558 |
Browse Apartments in this Neighborhood
There are currently 307 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 Lakesbury Apartments priced from $773. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakesbury Apartments | Studio | Studio,1BA | $773 |
| Stevens Community Apartments | Studio | Studio,1BA | $795 |
| 3415 Nicollet Avenue | 3415 Nicollet Ave - Studio | Studio,1BA | $800 |
| 3325 Nicollet Avenue | 3325 Nicollet Ave - 1 Bedroom | 1BR,1BA | $828 |
| Uptown Estates | Studio | Studio,1BA | $839 |
| 2426 Blaisdell | Studio | Studio,1BA | $849 |
| Greenway Apartments | Blaisdell Studio | Studio,1BA | $850 |
| Abbott Apartments | Studio | Studio,1BA | $895 |
| Colfax Villas I | Studio | Studio,1BA | $899 |
| 2741 Pillsbury | 1 Bedroom 1 Bath - 2741 Pillsbury | 1BR,1BA | $899 |
Best Value Apartments for Rent in Lyn-Lake, MN
As of August 20, 2026 the best value apartment in the Lyn-Lake area is the $1.05 price per square foot 3251 Portland Ave Model at 3251 Portland Ave, Unit Portland Hooze Unit 2 in the in the Powderhorn neighborhood starting from $2,000. The second greatest value Lyn-Lake apartment is the 3-bedroom Model at 2209 Pleasant, Llc starting at $2,045 with a $1.36 price per square foot in the Whittier 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. |
|---|---|---|---|
| 3251 Portland Ave, Unit Portland Hooze Unit 2 | 3251 Portland Ave | 3BR,1BA | $1.05 |
| 2209 Pleasant, Llc | 3-bedroom | 3BR,1BA | $1.36 |
| 1305 W 34th St | 2 BD 1 BA | 2BR,1BA | $1.35 |
| 2300 Nicollet Avenue | 2300 | One Bedroom | 1BR,1BA | $0.88 |
| 2828 Blaisdell Ave, Unit 2 Bedroom Apartment | 2828 Blaisdell Ave | 2BR,1BA | $1.35 |
| DJ Smith Realty Emerson Ave S | 2BR/1.0BA | 2BR,1BA | $1.32 |
| Lagoon Avenue Estates | 1BR/1.0BA | 1BR,1BA | $1.27 |
| 1314 Community | 1BR/1.0BA | 1BR,1BA | $1.33 |
| 2435 Pillsbury Ave. S. | 1-Bedroom | 1BR,1BA | $1.31 |
| 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 #37
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 the Cheapest Studio apartment in Lyn-Lake?
Currently the most affordable Cheap Studio Apartment in Lyn-Lake is at Lakesbury Apartments listed at $773.
How much is rent for a Cheap One Bedroom Lyn-Lake Apartment?
The lowest price for a Cheap One Bedroom Lyn-Lake Apartment is $800 at Stevens Community Apartments.
What is the lowest price for a Cheap Two Bedroom Lyn-Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lyn-Lake is starting from $900 at 2014 3rd Ave.
What is the most affordable Lyn-Lake Three Bedroom Apartment?
The best deal on a cheap Lyn-Lake Three Bedroom Apartment rental is at Morrison Village Apartments and starts from $1,460.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
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.

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.

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.