
Cheap Apartments for Rent in the Marshall Terrace Neighborhood of Minneapolis, MN from $600 (114 Rentals)
Search the lowest-cost Apartments available for rent right now in the Marshall Terrace area of Minneapolis.


Peregrine

Total Monthly Price
Aster Apartments in Near North Minneapolis

Monroe Village Senior Apartments

Total Monthly Price
1916 N 44th Ave, Unit # 2, Unit # 2

Total Monthly Price
Timber & Tie

Gateway Northeast

Hook and Ladder Apartments

The Marshall

3318 N Penn Ave
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.

Total Monthly Price
Quarry Place

4201 3rd St NE

962 29th Ave NE

Jax Apartments

1115 1/2 4th St NE

3606 N Bryant Ave, Unit 2

Stonehouse Square

Total Monthly Price
Satori Apartments

2935 N Aldrich Ave

Total Monthly Price
N&E
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.

Total Monthly Price
Huxley Apartments

West Broadway Crescent

Serene Apartments

Total Monthly Price
Huck Apartments

Total Monthly Price
The Laker

1504 4th St NE

2900 N Colfax Ave

Total Monthly Price
416 Broadway St NE, Unit 2, Unit 2

Total Monthly Price
1027 43rd Ave N, Unit Apt #3 - HEAT INCLUDED, Unit Apt #3 - HEAT INCLUDED

Total Monthly Price
4656 DuPont Ave N, Unit 1, Unit 1
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.

313 Lowry Ave NE

New Boston Square

Total Monthly Price
Tyler Street Stacks

644 Van Buren St NE

2318 Jefferson St NE

2640 Fillmore St NE

Total Monthly Price
Solstice Northeast

Total Monthly Price
Bottineau on the River

2320 5th St NE

2354 Benjamin St 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.

1028 28th Ave NE

1507 N Newton Ave

3606 N Bryant Ave, Unit 1

920 22nd Ave NE

1314 N Morgan Ave

Total Monthly Price
The Julia

Total Monthly Price
The Grain Belt

Total Monthly Price
Frances

3969 Reservoir Blvd

616 Fillmore st ne, Unit 618, Unit 618
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.
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 | $1,380 | $830 | $1,740 |
| Marshall Terrace 1 Bedroom Apartments | $1,657 | $691 | $2,474 |
| Marshall Terrace 2 Bedroom Apartments | $2,140 | $823 | $6,495 |
| Marshall Terrace 3 Bedroom Apartments | $2,101 | $945 | $3,874 |
| Marshall Terrace 4 Bedroom Apartments | $1,892 | $1,048 | $2,999 |
Browse Apartments in this Neighborhood
There are currently 114 rentals with your search options within a 2 mile radius of the Marshall Terrace Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Marshall Terrace, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Marshall Terrace Apartments for Rent
 The cheapest available apartment rental in the Marshall Terrace area of Minneapolis, MN is a Studio unit found at St. Anne's Senior Housing priced from $655. Aldrich Apartments | Near I-94 & Theodore Wirth has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable Marshall Terrace apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| St. Anne's Senior Housing | Studio | Studio,1BA | $655 |
| Aldrich Apartments | Near I-94 & Theodore Wirth | Standard 1BR | 1BR,1BA | $875 |
| 4060-4100 4th St NE | One Bed | 1BR,1BA | $900 |
| Timber & Tie | Washington | Studio,1BA | $1,000 |
| Gateway Northeast | 0A | Studio,1BA | $1,050 |
| 1700/10 Johnson St | 2BR/1.0BA | 2BR,1BA | $1,200 |
| Verso | Verso - E2 Studio (ADA) | Studio,1BA | $1,237 |
| Broadway Flats | One Bedroom B | 1BR,1BA | $1,254 |
| Bottineau Commons | 1 Bedroom | 1BR,1BA | $1,294 |
| N&E | Compass | 1BR,1BA | $1,316 |
Best Value Apartments for Rent in Marshall Terrace, MN
As of April 30, 2026 the best value apartment in the Marshall Terrace area is the $1.57 price per square foot 2401 3rd st NE Apt 2 Model at 2401 3rd st NE Apt 2, Unit Unit 1 in the in the Northeast neighborhood starting from $2,350. The second greatest value Marshall Terrace apartment is the 3 bedroom Model at Columbia Court starting at $1,917 with a $1.46 price per square foot in the Audubon 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. |
|---|---|---|---|
| 2401 3rd st NE Apt 2, Unit Unit 1 | 2401 3rd st NE Apt 2 | 2BR,1BA | $1.57 |
| Columbia Court | 3 bedroom | 3BR,1.5BA | $1.46 |
| 332 Quincy St NE, Unit 332 | 332 Quincy St NE | 2BR,1BA | $1.63 |
| 4225 Emerson Ave N, Unit 4225 Emerson Ave. N | 4225 Emerson Ave N | 2BR,1BA | $1.44 |
| Canvas Apartments | Van Gogh | 2BR,2BA | $1.61 |
| Stonehouse Square | 2 bedroom/1 bathroom | 2BR,1BA | $1.34 |
| Gauvette Park Apartments | 2 BR 1 Bath | 2BR,1BA | $1.44 |
| West Broadway Crescent | 412-2A | 2BR,1BA | $1.50 |
| 1700/10 Johnson St | 2BR/1.0BA | 2BR,1BA | $1.60 |
| Aldrich Apartments | Near I-94 & Theodore Wirth | Standard 1BR | 1BR,1BA | $1.17 |
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.
Pet Friendly LifestyleMarshall Terrace, Minneapolis, MN
Ranked #101
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 $1,316.
What is the price of a cheap apartment in Marshall Terrace?
The cheapest apartment in Marshall Terrace is Aldrich Apartments | Near I-94 & Theodore Wirth which is listed at $875, while the average apartment in Marshall Terrace costs $2,397.
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 28 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 $484 which is $1,913 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

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.