
Cheap Apartments for Rent in the Lynnhurst Neighborhood of Minneapolis, MN from $700 (156 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lynnhurst area of Minneapolis.


Diamond Lake

3549 Emerson Ave S, Unit 001

Wexford Commons Apartments

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Colfax Villas I

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Ellis and Louise Apartments

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Flats at Emerson

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AVID Uptown

3455 Chicago Ave, Unit 2

Karmel 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.

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Bryant Manor

3705 Chicago Ave

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3508 Colfax Ave S

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Colfax Manor

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The Central

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Park Place Apartments

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5544/5301 Chicago Ave S

Akin Apartments

Nicollet Manor

Chowen Plaza Apartments
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.

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Diamond Pointe Apartments

3625 Aldrich Ave S, Unit 301

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3700 Lyndale

3718 Oakland Ave S

ReNew Minnehaha

3523 Hennepin Ave S

Allegro

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Rosa

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14 W 47th St, Unit #4

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Creek Terrace
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.

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Fulton Terrace

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Colfax Terrace

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City Limits Apartments

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Tree Tops Apartments

4652 Chicago Ave

4206 Nicollet Ave

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4336 York Ave S, Unit 3

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3540 Hennepin Avenue, Unit #307

3925 Chicago Ave

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Lake Harriet Commons
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.

The Pearl Apartments

Linden Flats

4436 Grand Ave S

COLFAX VILLAS

3415 Nicollet Avenue

3515 2nd Ave S

3512 Bryant Ave S

3537 11th Ave S

E 36th St Apartments

Harriet Avenue Villas
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Lynnhurst, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Lynnhurst?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lynnhurst Studio Apartments | $1,212 | $800 | $1,699 |
| Lynnhurst 1 Bedroom Apartments | $1,674 | $925 | $5,670 |
| Lynnhurst 2 Bedroom Apartments | $2,653 | $1,125 | $10,000+ |
| Lynnhurst 3 Bedroom Apartments | $2,877 | $1,895 | $7,426 |
| Lynnhurst 4 Bedroom Apartments | $7,862 | $2,936 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 156 rentals with your search options within a 2 mile radius of the Lynnhurst Neighborhood of Minneapolis, MN.
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Lynnhurst, Minneapolis, MN Local Guide
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Cheapest Available Lynnhurst Apartments for Rent
 The cheapest available apartment rental in the Lynnhurst area of Minneapolis, MN is a Studio unit found at COLFAX VILLAS priced from $799. 3415 Nicollet Avenue has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Lynnhurst apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| COLFAX VILLAS | Studio | Studio,1BA | $799 |
| 3415 Nicollet Avenue | 3415 Nicollet Ave - Studio | Studio,1BA | $800 |
| Diamond Lake | East - Studio | Studio,1BA | $850 |
| Wexford Commons Apartments | Efficiency | Studio,1BA | $895 |
| Colfax Villas I | Studio | Studio,1BA | $899 |
| Colfax Terrace | Colfax Terrace - Studio | Studio,1BA | $912 |
| Richlyn | Unit 22 - 50% AMI | Studio,1BA | $935 |
| DJ Smith Realty Emerson Ave S | 1BR/1.0BA | 1BR,1BA | $995 |
| 3816 Nicollet Apartments | One Bedroom | 1BR,1BA | $1,025 |
| 3551-3559 Huntington Ave S. | 1-BR | 1BR,1BA | $1,049 |
Best Value Apartments for Rent in Lynnhurst, MN
As of June 13, 2026 the best value apartment in the Lynnhurst area is the $1.25 price per square foot 2 bed Model at Nicollet Manor in the in the Armatage neighborhood starting from $1,495. The second greatest value Lynnhurst apartment is the A1 Model at Astor Place of Edina starting at $1,525 with a $1.55 price per square foot in the Armatage neighborhood. Here is today’s list of the best values for Lynnhurst apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Nicollet Manor | 2 bed | 2BR,1BA | $1.25 |
| Astor Place of Edina | A1 | 1BR,1BA | $1.55 |
| Diamond Pointe Apartments | Two Bedroom | 2BR,1BA | $1.56 |
| Park Villa Apartments | 2BR/1.0BA | 2BR,1BA | $1.52 |
| ReNew Minnehaha | A2 | 1BR,1BA | $1.65 |
| DJ Smith Realty Emerson Ave S | 1BR/1.0BA | 1BR,1BA | $1.38 |
| South Pleasant Apartments | 2BR/1.0BA | 2BR,1BA | $1.56 |
| Park Place Apartments | 1 Bedroom | 1BR,1BA | $1.53 |
| 4351 Drew Ave | 1 Bedroom | 1BR,1BA | $1.57 |
| AVID Uptown | Original Harriet 1 Bedroom | 1BR,1BA | $1.56 |
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.
Lifestyle Ratings
Our team works hard to bring you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Minnesota and customized analysis for Southwest Minneapolis-St. Paul, MN. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, pet-friendly features, family-friendly amenities, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Lynnhurst Apartments
What is a cheap apartment in Lynnhurst?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lynnhurst is under $1,049.
What is the price of a cheap apartment in Lynnhurst?
The cheapest apartment in Lynnhurst is Colfax Villas I which is listed at $949, while the average apartment in Lynnhurst costs $9,950.
What types of apartments are the cheapest in Lynnhurst?
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 7 regular apartments in Lynnhurst that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.