Cheap Homes for Rent in Lyn-Lake Neighborhood of Minneapolis, MN from $1,000 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lyn-Lake area of Minneapolis.

property at 2608 2nd Ave S

2608 2nd Ave S

MinneapolisMN55408

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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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.

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property at 1815 Clinton Ave

1815 Clinton Ave

MinneapolisMN55404
Showing Results 1-10, Page 1 of 1

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
3419 Nicollet Avenue3419 Nicollet Ave - StudioStudio,1BA$740

Best Value Apartments for Rent in Lyn-Lake, MN

As of June 13, 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

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Frequently Asked Questions about Lyn-Lake

What type of rentals are currently available in Lyn-Lake?

There are currently 1014 Apartments for Rent in Lyn-Lake, MN with pricing that ranges from $612 to $10,551. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lyn-Lake ranging from $1,050 to $5,495.

What is the current price range for Rental Homes in Lyn-Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lyn-Lake ranges from $1,050 to $5,495 with an average monthly rent of $2,529.

How much are larger Three and Four Bedroom Rentals in Lyn-Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lyn-Lake range from $1,300 to $3,796, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,800. Four Bedroom Single-Family rentals are also available starting from $2,349 and Four Bedroom Apartments start at $1,955.

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.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.