
Cheap Apartments for Rent in the Lyn-Lake Neighborhood of Minneapolis, MN from $400 (277 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lyn-Lake area of Minneapolis.


Stevens Community Apartments

3419 Nicollet Avenue

2426 Blaisdell

Mall Apartments

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AVID Uptown

Greenway Apartments

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Knox and Lagoon Apartments

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Colfax Villas I

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Ellis and Louise Apartments
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.

Garfield Apartments

2120 Aldrich Ave S

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Colfax Terrace

Total Monthly Price
Garfield Court

29 Bryant Apartments

2120 Garfield Avenue

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The Central

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2400 Harriet Ave Apartments | Origen Living

3101 Dupont Ave S

1 1/2 E 26th St
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.

3300 Grand Ave S

Abbott Apartments

220 E 19th St

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3523 Grand Ave S

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Girard Apartments

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2417 Garfield Ave Apartments | Origen Living

Uptown Plaza

2205 Bryant Ave: The Lowry Hill Nook

2715 dupont ave S.

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Uptown Square Apartments
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

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3508 Colfax Ave S

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Bryant Manor

The Asher

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Colfax Manor

Lumos Apartments

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Belmont Apartments

Odie Apartments

Ridgewood Arches

2100 Aldrich
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.

Akin Apartments

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MODI

3245 3rd Ave S

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2310 Harriet Ave S

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Flats at Emerson

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1910 1st Ave S

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Pillsbury Flats

3625 Aldrich Ave S, Unit 301

Yorkshire Apartments

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Garfield Terrace
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.
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 | $1,147 | $725 | $1,693 |
| Lyn-Lake 1 Bedroom Apartments | $1,403 | $895 | $2,117 |
| Lyn-Lake 2 Bedroom Apartments | $2,076 | $907 | $4,508 |
| Lyn-Lake 3 Bedroom Apartments | $2,426 | $1,325 | $6,751 |
| Lyn-Lake 4 Bedroom Apartments | $3,809 | $2,220 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 277 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
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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 3322 Blaisdell Ave South priced from $799. Stevens Community Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Lyn-Lake apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3322 Blaisdell Ave South | Studio | Studio,1BA | $799 |
| Stevens Community Apartments | 1B/1Ba | 1BR,1BA | $800 |
| 3325 Nicollet Avenue | 3325 Nicollet Ave - Studio | Studio,1BA | $800 |
| 3419 Nicollet Avenue | 3419 Nicollet Ave - Studio | Studio,1BA | $800 |
| 3415 Nicollet Avenue | 3415 Nicollet Ave - Studio | Studio,1BA | $800 |
| 3033 Grand Avenue S. | 3033 Grand Ave S - Studio | Studio,1BA | $828 |
| 2426 Blaisdell | Studio | Studio,1BA | $849 |
| 2012 Garfield | Origen Living | 1BR/1.0BA | 1BR,1BA | $852 |
| 3533 2nd Avenue | 3533 2nd Ave - 2 Bedroom | 2BR,1BA | $854 |
| Greenway Apartments | Blaisdell Studio | Studio,1BA | $875 |
Best Value Apartments for Rent in Lyn-Lake, MN
As of May 22, 2026 the best value apartment in the Lyn-Lake area is the $1.32 price per square foot 3400 Fremont Ave S Model at 3400 Fremont Ave S, Unit lower in the in the Lowry Hill East neighborhood starting from $1,850. The second greatest value Lyn-Lake apartment is the 2BR/1.0BA Model at Emerson Manor Flats starting at $1,499 with a $1.36 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. |
|---|---|---|---|
| 3400 Fremont Ave S, Unit lower | 3400 Fremont Ave S | 2BR,1BA | $1.32 |
| Emerson Manor Flats | 2BR/1.0BA | 2BR,1BA | $1.36 |
| 2100 Aldrich | two bedroom | 2BR,1BA | $1.45 |
| Abbott Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.32 |
| 2222 Nicollet Avenue | One Bedroom | 1BR,1BA | $1.33 |
| Uptown Plaza | 1BR/1.0BA | 1BR,1BA | $1.46 |
| 2014 3rd Ave | 1 Bedroom 1 Bath - 2014 3rd Ave | 1BR,1BA | $1.31 |
| 2741 Pillsbury | 1 Bedroom 1 Bath - 2741 Pillsbury | 1BR,1BA | $1.49 |
| Stevens Community Apartments | 1B/1Ba | 1BR,1BA | $1.33 |
| 3533 2nd Avenue | 3533 2nd Ave - 2 Bedroom | 2BR,1BA | $1.49 |
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 #36
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 $800, while the average apartment in Lyn-Lake costs $5,881.
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 13 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 $175 which is $5,706 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.