
Cheap Apartments for Rent in the Marshall Terrace Neighborhood of Minneapolis, MN from $300 (92 Rentals)
Search the lowest-cost Apartments available for rent right now in the Marshall Terrace area of Minneapolis.


3759 N Knox Ave

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Aster Apartments

Monroe Village Senior Apartments

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Timber & Tie

St. Anne's Senior Housing

The Marshall

Gateway Northeast

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4401 Irving Ave N, Unit 4403

962 29th Ave NE
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.

Jax Apartments

Stonehouse Square Apartments

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Huck Apartments

1000 Main

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Satori Apartments

3005 Tyler St NE, Unit Upstairs - 2

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Quarry Place

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Huxley Apartments

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415 23rd Ave N, Unit 4

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3314 Emerson Ave N, Unit Upper
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Laker

Serene Apartments

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N&E

3236 N James Ave, Unit 2

732 Polk St NE

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2909 Grand St NE, Unit 3

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2924 Emerson Ave N

New Boston Square

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Canvas Apartments

1923 University Ave NE
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.

The Bottineau on the River

2226 N Dupont Ave N, Unit 2

3510 N Newton Ave

3606 N Bryant Ave, Unit 1

4126 Madison St NE, Unit 1

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Tyler Street Stacks

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Frances

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726 24th Ave NE

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2648 Fillmore St NE, Unit 1 lower

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4225 Emerson Ave N, Unit 4225 Emerson Ave. N
Marshall Terrace - 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!

Emerson

3706 N Penn Ave

Fremont 3619

Fremont 3600

Fremont 3501

2510 Jackson St NE

Anderson Plaza

801 N 21St Ave

Bell Lofts

Lowry Manor
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Marshall Terrace, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Marshall Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Marshall Terrace Studio Apartments | $1,387 | $840 | $1,774 |
| Marshall Terrace 1 Bedroom Apartments | $1,641 | $900 | $2,495 |
| Marshall Terrace 2 Bedroom Apartments | $1,981 | $280 | $5,995 |
| Marshall Terrace 3 Bedroom Apartments | $2,158 | $1,625 | $3,501 |
| Marshall Terrace 4 Bedroom Apartments | $2,222 | $2,195 | $2,250 |
Browse Apartments in this Neighborhood
There are currently 92 rentals with your search options within a 2 mile radius of the Marshall Terrace Neighborhood of Minneapolis, MN.
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Marshall Terrace, Minneapolis, MN Local Guide
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Cheapest Available Marshall Terrace Apartments for Rent
 The cheapest available apartment rental in the Marshall Terrace area of Minneapolis, MN is a 2 Beds unit found at Bottineau Commons and Lofts priced from $280. Fremont 3600 has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Marshall Terrace apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bottineau Commons and Lofts | 2BR-D-MARI | 2BR,1BA | $280 |
| Fremont 3600 | Fremont 3600 - 15 | Studio,1BA | $795 |
| Aster Apartments | 0BR/1.0BA | Studio,1BA | $840 |
| 4060-4100 4th St NE | One Bed | 1BR,1BA | $900 |
| Timber & Tie | Washington | Studio,1BA | $1,030 |
| Central Flats | 1BR/1.0BA | 1BR,1BA | $1,050 |
| Peters Place Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,050 |
| St. Anne's Senior Housing | Studio | Studio,1BA | $1,053 |
| Fremont 3619 | Fremont 3619 - 5 | 2BR,1BA | $1,125 |
| Central Avenue Lofts | 1 Bedroom | 1BR,1BA | $1,137 |
Best Value Apartments for Rent in Marshall Terrace, MN
As of July 29, 2026 the best value apartment in the Marshall Terrace area is the $1.08 price per square foot 2717 Aldrich Ave N Model at 2717 Aldrich Ave N, Unit 2 in the in the Greater Near North neighborhood starting from $2,150. The second greatest value Marshall Terrace apartment is the 1411 26th Ave NE Model at 1411 26th Ave NE, Unit duplex 2nd floor starting at $1,795 with a $1.20 price per square foot in the Waite Park neighborhood. Here is today’s list of the best values for Marshall Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2717 Aldrich Ave N, Unit 2 | 2717 Aldrich Ave N | 5BR,3BA | $1.08 |
| 1411 26th Ave NE, Unit duplex 2nd floor | 1411 26th Ave NE | 2BR,1BA | $1.20 |
| 4225 Emerson Ave N, Unit 4225 Emerson Ave. N | 4225 Emerson Ave N | 2BR,1BA | $1.33 |
| Canvas Apartments | Matisse | 2BR,2BA | $1.59 |
| 2924 Emerson Ave N | 2924 Emerson Ave N | 2BR,1BA | $1.50 |
| Gauvette Park Apartments | 2 BR 1 Bath | 2BR,1BA | $1.44 |
| West Broadway Crescent | 412-2A | 2BR,1BA | $1.50 |
| Fremont 3619 | Fremont 3619 - 5 | 2BR,1BA | $1.41 |
| Peters Place Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.31 |
| Fremont 3600 | Fremont 3600 - 15 | Studio ,1BA | $1.59 |
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.
Pet Friendly LifestyleMarshall Terrace, Minneapolis, MN
Ranked #104
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Marshall Terrace Apartments
What is a cheap apartment in Marshall Terrace?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Marshall Terrace is under $1,137.
What is the price of a cheap apartment in Marshall Terrace?
The cheapest apartment in Marshall Terrace is Fremont 3600 which is listed at $895, while the average apartment in Marshall Terrace costs $2,287.
What types of apartments are the cheapest in Marshall Terrace?
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 42 regular apartments in Marshall Terrace 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 Marshall Terrace?
Cheap apartments in Marshall Terrace have an average cost of $487 which is $1,800 cheaper than the average rent for all rentals in Marshall Terrace.
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

Authentic Minneapolis: An Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.