Cheap Apartments for Rent in the Lyn-Lake Neighborhood of Minneapolis, MN from $400 (269 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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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 Stevens Community Apartments priced from $700. 3415 Nicollet Avenue has the second lowest priced unit, which is a Studio apartment currently listed from $735. Here are the most affordable Lyn-Lake apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Stevens Community ApartmentsStudioStudio,1BA$700
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio,1BA$735
Colfax ManorStudio AStudio,1BA$745
3419 Nicollet Avenue3419 Nicollet Ave - StudioStudio,1BA$760
3016 Grand Avenue S.3016 Grand Ave S - StudioStudio,1BA$765
Pleasant ViewStudio 1 Bath - Pleasant View1BR,1BA$785
2876 Humboldt Ave S2876 EfficiencyStudio,1BA$825
1907-1917 Colfax Ave S.0BR/1.0BAStudio,1BA$825
Fremont Apartments | 3300StudioStudio,1BA$825
Colfax TerraceStudioStudio,1BA$845

Best Value Apartments for Rent in Lyn-Lake, MN

As of June 14, 2025 the best value apartment in the Lyn-Lake area is the $0.93 price per square foot 2BR/1.0BA Model at 2610/18 Fremont Ave S in the in the Calhoun Isles neighborhood starting from $1,299. The second greatest value Lyn-Lake apartment is the 3012 James Ave S Model at 3012 James Ave S, Unit 5 starting at $1,900 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 ListingModel NameBed/BathPrice Per Sq.Ft.
2610/18 Fremont Ave S2BR/1.0BA2BR,1BA$0.93
3012 James Ave S, Unit 53012 James Ave S3BR,2BA$1.36
807 West 25th Street2BR/1.0BA2BR,1BA$1.32
2300 Nicollet AvenueOne Bedroom1BR,1BA$0.90
2101 3rd Ave1 Bedroom 1 Bath - 2101 3rd Ave1BR,1BA$1.39
242 West Franklin Ave1BR/1.0BA1BR,1BA$1.35
1919 Dupont Ave S1BR/1.0BA1BR,1BA$1.41
2633/35 Girard Ave S1BR/1.0BA1BR,1BA$1.43
3033 Grand Avenue S.3033 Grand Ave S - 1 Bedroom1BR,1BA$1.30
Stevens Community ApartmentsStudioStudio ,1BA$1.40

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lyn-Lake, Minneapolis, MN

Ranked #23

Among neighborhoods in Minneapolis, MN 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 the Cheapest Studio apartment in Lyn-Lake?

Currently the most affordable Cheap Studio Apartment in Lyn-Lake is at Stevens Community Apartments listed at $700.

How much is rent for a Cheap One Bedroom Lyn-Lake Apartment?

The lowest price for a Cheap One Bedroom Lyn-Lake Apartment is $785 at Pleasant View.

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 Castleton.

What is the most affordable Lyn-Lake Three Bedroom Apartment?

The best deal on a cheap Lyn-Lake Three Bedroom Apartment rental is at Lakefield Apartments and starts from $1,654.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.