
Cheap Apartments for Rent in the Lynnhurst Neighborhood of Minneapolis, MN from $700 (171 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lynnhurst area of Minneapolis.


Diamond Lake Properties

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AVID Uptown

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Bryant Manor

Wexford Commons Apartments

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Colfax Villas I

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Ellis and Louise Apartments

Karmel Apartments

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Colfax Terrace

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4528 Bryant Ave S, Unit 5, Unit 5
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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3523 Grand Ave S

4900 Chicago

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3508 Colfax Ave S

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The Central

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Park Place Apartments

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3500 Dupont Ave

Akin Apartments

Nicollet Manor

3705 Chicago Ave

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Flats at Emerson
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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5544/5301 Chicago Ave S

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3700-3708 Lyndale Ave S.

ReNew Minnehaha

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Colfax Manor

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Diamond Pointe Apartments

3522 Harriet Ave, Unit 305

Allegro

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Rosa

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City Limits Apartments

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Fulton Terrace
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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Tree Tops Apartments

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Lake Harriet Commons

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3016 W 44th St, Unit 1, Unit 1

4719 Chicago Ave

4206 Nicollet Ave

The Pearl Apartments

Linden Flats

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Creek Terrace

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Fuller Park Flats

4344 Chicago Ave
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.

6018 Penn Ave S

4042 Clinton Ave

145 W Diamond Lake Rd

3903 11th Ave S

4136 Elliot Ave

145 W Diamond Lake Rd

3829 Blaisdell Ave

COLFAX VILLAS

3415 Nicollet Avenue

3515 2nd Ave S
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.
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 | $1,204 | $800 | $1,672 |
| Lynnhurst 1 Bedroom Apartments | $1,735 | $949 | $5,670 |
| Lynnhurst 2 Bedroom Apartments | $2,938 | $927 | $10,000+ |
| Lynnhurst 3 Bedroom Apartments | $3,926 | $1,921 | $10,000+ |
| Lynnhurst 4 Bedroom Apartments | $9,950 | $9,950 | $9,950 |
Browse Apartments in this Neighborhood
There are currently 171 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 Properties | Model EA | Studio,1BA | $825 |
| Bryant Manor | Bryant Manor - Studio (A) | Studio,1BA | $887 |
| Colfax Villas I | Studio | Studio,1BA | $899 |
| 3419 Nicollet Avenue | 3419 Nicollet Ave - 2 Bedroom | 2BR,1BA | $927 |
| Richlyn | Unit 22 - 50% AMI | Studio,1BA | $935 |
| Colfax Terrace | Colfax Terrace - Studio | Studio,1BA | $952 |
| 4233 Nicollet Ave S | 1BR/1.0BA | 1BR,1BA | $1,015 |
Best Value Apartments for Rent in Lynnhurst, MN
As of April 29, 2026 the best value apartment in the Lynnhurst area is the $1.54 price per square foot Windom (3bd/2ba) - 1250sqft Model at Windom Gables in the in the Armatage neighborhood starting from $1,921. The second greatest value Lynnhurst apartment is the 2 bed Model at Nicollet Manor starting at $1,495 with a $1.25 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. |
|---|---|---|---|
| Windom Gables | Windom (3bd/2ba) - 1250sqft | 3BR,2BA | $1.54 |
| Nicollet Manor | 2 bed | 2BR,1BA | $1.25 |
| Woodlake Park | Wooddale | 2BR,1.5BA | $1.53 |
| Park Villa Apartments | 2BR/1.0BA | 2BR,1BA | $1.52 |
| 4233 Nicollet Ave S | 1BR/1.0BA | 1BR,1BA | $1.30 |
| 4900 Chicago | 1 bedroom | 1BR,1BA | $1.41 |
| Pleasant Ave Apartments | 1 Bedroom | 1BR,1BA | $1.50 |
| Grand Apartments | 3749 | 1 Bedroom | 1BR,1BA | $1.51 |
| 3419 Nicollet Avenue | 3419 Nicollet Ave - 2 Bedroom | 2BR,1BA | $1.43 |
| 4528 Bryant Ave S, Unit 5 | 4528 Bryant Ave S | 1BR,1BA | $1.53 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
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 $1,015.
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 6 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.