Cheap Apartments for Rent in the Lyn-Lake Neighborhood of Minneapolis, MN from $400 (275 Rentals) Page 2 of 6

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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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3508 Colfax Ave S
$1,095
Total Monthly Price

Total Monthly Price

Base Rent
$940
Required Monthly Fees
$155

Total Monthly Price
$1,095
Studio Apartments Available Now

3508 Colfax Ave S

3508 Colfax Ave SMinneapolis, MN 55408
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440 Ridgewood Ave, Unit 202
$1,100
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100
1 Bedroom Apartment Available Now

440 Ridgewood Ave, Unit 202

440 Ridgewood AveMinneapolis, MN 55403
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Pillsbury Flats
$1,107 - $1,117
Total Monthly Price

Total Monthly Price

Base Rent
$1,090 - $1,100
Required Monthly Fees
$17

Total Monthly Price
$1,107 - $1,117
1 Bedroom Apartments Available Feb 1, 2026

Pillsbury Flats

2508-2520 Pillsbury Ave SMinneapolis, MN 55404
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Colfax Manor
Rent Specials
$1,109 - $1,309
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,295
Required Monthly Fees
$14

Total Monthly Price
$1,109 - $1,309
1 to 2 Bedroom Apartments Available Now

Colfax Manor

3401 Colfax Ave SMinneapolis, MN 55408
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Nox Apartments
Rent Specials
$1,111 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,056 - $1,595
Required Monthly Fees
$55

Total Monthly Price
$1,111 - $1,650
Studio to 2 Bedroom Apartments Available Now

Nox Apartments

2703 Girard Ave SMinneapolis, MN 55408
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2310 Harriet Ave S
$1,130 - $1,180
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $1,025
Required Monthly Fees
$155

Total Monthly Price
$1,130 - $1,180
1 Bedroom Apartments Available Now

2310 Harriet Ave S

2310-2312 Harriet AveMinneapolis, MN 55405
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Uptown Lake Apartments
Rent Specials
$1,142 - $4,101
Total Monthly Price

Total Monthly Price

Base Rent
$1,134 - $4,093
Required Monthly Fees
$8

Total Monthly Price
$1,142 - $4,101
Studio to 2 Bedroom Apartments Available Now

Uptown Lake Apartments

1212 W Lake StMinneapolis, MN 55408
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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.

property at 2530 1st Ave S

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Home for Rent

Available Now

2530 1st Ave S

MinneapolisMN55404
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Odie Apartments
$1,200 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,645
Required Monthly Fees
$55

Total Monthly Price
$1,200 - $1,700
Studio to 2 Bedroom Apartments Available Now

Odie Apartments

607 W 28th StMinneapolis, MN 55408
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property at 2021 3rd Ave S

$1,200 - $1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom Rentals

Available Now

2021 3rd Ave S

MinneapolisMN55404
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Lake Street Dwelling
Rent Specials
$1,209 - $1,734
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,205 - $1,730
Required Monthly Fees
$4

Total Monthly Price
$1,209 - $1,734
Studio to 2 Bedroom Apartments Available Now

Lake Street Dwelling

410-510 W Lake StMinneapolis, 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.

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Track 29 Apartments
Rent Specials
$1,214 - $3,454
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $3,440
Required Monthly Fees
$14

Total Monthly Price
$1,214 - $3,454
Studio to 2 Bedroom Apartments Available Now

Track 29 Apartments

2841 Bryant Ave SMinneapolis, MN 55408
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Flux Apartments
$1,250 - $2,715
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $2,695
Required Monthly Fees
$20

Total Monthly Price
$1,250 - $2,715
Studio to 2 Bedroom Apartments Available Now

Flux Apartments

2838 Fremont Ave SMinneapolis, MN 55408
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property at 2404 Stevens Ave

$1,195 - $1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

Studio Rentals

Available Now

2404 Stevens Ave

MinneapolisMN55404
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Isles West
$1,255
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,175
Required Monthly Fees
$80

Total Monthly Price
$1,255
1 Bedroom Apartments Contact Us For Availability

Isles West

1115-1125 W 28th StMinneapolis, MN 55408
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First Place Apartments
$1,268
Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Required Monthly Fees
$18

Total Monthly Price
$1,268
2 Bedroom Apartments Contact Us For Availability

First Place Apartments

2312 1st Ave SMinneapolis, MN 55404
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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3500 Dupont Apartments
$1,270
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,115
Required Monthly Fees
$155

Total Monthly Price
$1,270
1 Bedroom Apartments Available Now

3500 Dupont Apartments

3500 Dupont Ave SMinneapolis, MN 55408
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Lago Apartments
Rent Specials
$1,279 - $1,894
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $1,890
Required Monthly Fees
$4

Total Monthly Price
$1,279 - $1,894
Studio to 2 Bedroom Apartments Available Now

Lago Apartments

500 W Lake StMinneapolis, MN 55408
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Akin Apartments
$1,280 - $2,895
Total Monthly Price

Total Monthly Price

Base Rent
$1,215 - $2,830
Required Monthly Fees
$65

Total Monthly Price
$1,280 - $2,895
Studio to 2 Bedroom Apartments Available Now

Akin Apartments

3536 Nicollet AveMinneapolis, MN 55408
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Kolo Apartments
$1,300 - $1,880
Total Monthly Price

Total Monthly Price

Base Rent
$1,245 - $1,825
Required Monthly Fees
$55

Total Monthly Price
$1,300 - $1,880
Studio to 2 Bedroom Apartments Available Now

Kolo Apartments

3616 Bryant Ave SouthMinneapolis, MN 55409
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property at 309-311 W 28th St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

309-311 W 28th St

MinneapolisMN55408
property at 3429 2nd Ave S

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

3429 2nd Ave S

MinneapolisMN55408
property at 2219 5th Ave S

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

2219 5th Ave S

MinneapolisMN55404
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Dundry House
Studio to 1 Bedroom Apartments

Dundry House

1829 5th Ave SMinneapolis, MN 55404
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3120 Fremont Ave S
Studio to 2 Bedroom Apartments

3120 Fremont Ave S

3120 Fremont AveMinneapolis, MN 55408

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!

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The Chalet
Studio Apartments

The Chalet

3023 Lyndale AveMinneapolis, MN 55408
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Blaisdell 2312
Studio to 1 Bedroom Apartments

Blaisdell 2312

2312 S Blaisdell AveMinneapolis, MN 55404
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3415 Nicollet Avenue
Studio to 2 Bedroom Apartments

3415 Nicollet Avenue

3415 Nicollet AveMinneapolis, MN 55408
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Pleasant View
Studio to 2 Bedroom Apartments

Pleasant View

2216 Pleasant Ave SMinneapolis, MN 55404
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1912 3rd Ave
Studio to 2 Bedroom Apartments

1912 3rd Ave

1912 3rd Ave SMinneapolis, MN 55404
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Ridgewood Apartments
Studio to 1 Bedroom Apartments

Ridgewood Apartments

441 Ridgewood AveMinneapolis, MN 55403
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2741 Pillsbury
Studio to 1 Bedroom Apartments

2741 Pillsbury

2741 Pillsbury AveMinneapolis, MN 55408
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3016 Grand Avenue S.
Studio to 1 Bedroom Apartments

3016 Grand Avenue S.

3016 Grand Ave SMinneapolis, MN 55408

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 $795, while the average apartment in Lyn-Lake costs $2,292.

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 46 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 $445 which is $1,847 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

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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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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.

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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.

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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

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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.

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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.