
Cheap Apartments for Rent in the Lyn-Lake Neighborhood of Minneapolis, MN from $400 (283 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lyn-Lake area of Minneapolis.


Stevens Community Apartments

3419 Nicollet Avenue

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Garfield Ave Apartments | 2323

1910 1st Ave S

2426 Blaisdell

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Bryant Manor Apartments

Mall Apartments

Pillsbury Apartments

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2400 Harriet Ave Apartments | Origen Living
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.

Greenway Apartments

1818 La Salle Ave

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The Belmont Apartments

Colfax Villas I

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Ellis and Louise Apartments

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Updated Boutique 28 Unit Building on Emerson

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Garfield Court

2205 Bryant Ave: The Lowry Hill Nook

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Knox and Lagoon Apartments

2222 Nicollet Avenue
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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2417 Garfield Ave Apartments | Origen Living

2120 Garfield Avenue

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2600 Bryant Ave S

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Colfax Terrace

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Kings Highway Apartments

2216 Pleasant Ave

Abbott Apartments

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2001 Bryant Ave S

Uptown Square

Uptown Plaza
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.

The Central

2715 dupont ave S.

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Colfax Manor

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3523 Grand Ave S

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3508 Colfax Ave S

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AVID

The Asher

2006-2008 Dupont Ave S

3212 Fremont Ave S

The Whit
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.

2100 Aldrich

1920 1st Ave S

MoDI Apartments

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Pillsbury Flats

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2310 Harriet Ave S

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1910 1st Ave S

3308 Girard Ave S

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Tree Tops Apartments

Ridgewood Arches

Good Dwelling: Live Your Best Life!
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.
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 | $1,148 | $725 | $1,541 |
| Lyn-Lake 1 Bedroom Apartments | $1,420 | $882 | $3,055 |
| Lyn-Lake 2 Bedroom Apartments | $2,062 | $907 | $4,935 |
| Lyn-Lake 3 Bedroom Apartments | $2,328 | $1,325 | $6,044 |
| Lyn-Lake 4 Bedroom Apartments | $2,644 | $2,220 | $3,200 |
Browse Apartments in this Neighborhood
There are currently 283 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
- Nearby Minneapolis neighborhoods
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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 | Leasing Studio, Alcove, & 1-Bedroom Apartments! priced from $755. Castleton has the second lowest priced unit, which is a Studio apartment currently listed from $785. Here are the most affordable Lyn-Lake apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakesbury Apartments | Leasing Studio, Alcove, & 1-Bedroom Apartments! | Studio | Studio,1BA | $755 |
| Castleton | Studio 1 Bath - Castleton | Studio,1BA | $785 |
| Stevens Community Apartments | Studio | Studio,1BA | $795 |
| 2741 Pillsbury | Studio 1 Bath - 2741 Pillsbury | Studio,1BA | $799 |
| 3415 Nicollet Avenue | 3415 Nicollet Ave - Studio | Studio,1BA | $800 |
| Garfield Ave Apartments | 2323 | Studio | Studio,1BA | $811 |
| Twin Court Apartments | 0BR/1.0BA | Studio,1BA | $819 |
| The Fuller Apartments | Street Car | Studio,1BA | $835 |
| 2426 Blaisdell | Studio | Studio,1BA | $849 |
| 2115 3rd Ave | Studio 1 Bath - 2115 3rd Ave | Studio,1BA | $850 |
Best Value Apartments for Rent in Lyn-Lake, MN
As of February 18, 2026 the best value apartment in the Lyn-Lake area is the $1.42 price per square foot 2701 DuPont Ave S Model at 2701 DuPont Ave S, Unit Unit 1 in the in the Calhoun Isles neighborhood starting from $2,800. The second greatest value Lyn-Lake apartment is the 2BR/1.0BA Model at Emerson Manor Flats starting at $1,599 with a $1.45 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. |
|---|---|---|---|
| 2701 DuPont Ave S, Unit Unit 1 | 2701 DuPont Ave S | 4BR,2BA | $1.42 |
| Emerson Manor Flats | 2BR/1.0BA | 2BR,1BA | $1.45 |
| Rex Development | Rex4Plex | 1BR,1BA | $1.06 |
| 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 | $1.39 |
| 2012 Garfield | Origen Living | 1BR/1.0BA | 1BR,1BA | $1.43 |
| 3428 Harriet Apartments | Renovated 1 Bedroom | 1BR,1BA | $1.39 |
| 2222 Nicollet Avenue | One Bedroom | 1BR,1BA | $1.23 |
| 2416 Blaisdell Apartments | The Garland | 1BR,1BA | $1.44 |
| 2545 Garfield | 1 Bedroom 1 Bath - 2545 Garfield | 1BR,1BA | $1.29 |
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 ArticleThe 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.
Read ArticleCash 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.
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 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 #28
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 $850.
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 $4,182.
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 35 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 $169 which is $4,013 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.