Cheap Apartments for Rent in the Marshall Terrace Neighborhood of Minneapolis, MN from $600 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Marshall Terrace area of Minneapolis.

property at 3643 N Penn Ave

3643 N Penn Ave

MinneapolisMN55412
property at 2526 Central Ave NE

2526 Central Ave NE

MinneapolisMN55418
property at 3311 Fremont Ave N

3311 Fremont Ave N

MinneapolisMN55412

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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Broadway Flats
Rent Specials
$1,199 - $1,354
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,350
Required Monthly Fees
$4

Total Monthly Price
$1,199 - $1,354
Studio to 2 Bedroom Apartments Available Now

Broadway Flats

2505 Penn Ave NMinneapolis, MN 55411
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Emerson
1 to 3 Bedroom Apartments

Emerson

1600 N Emerson AveMinneapolis, MN 55411
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Birchhill Apartments
Studio to 2 Bedroom Apartments

Birchhill Apartments

3600 Fremont Ave NMinneapolis, MN 55412
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Anderson Plaza
1 to 2 Bedroom Apartments

Anderson Plaza

1800 Hayes St NEMinneapolis, MN 55418
  • Utilities Included
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2510 Jackson St NE
Studio to 1 Bedroom Apartments

2510 Jackson St NE

2510 Jackson St NEMinneapolis, MN 55418
  • Utilities Included
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Bell Lofts
1 to 3 Bedroom Apartments

Bell Lofts

816 N 21st AveMinneapolis, MN 55411
  • Utilities Included

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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Lowry Manor
1 Bedroom Apartments

Lowry Manor

817 Lowry Ave NEMinneapolis, MN 55418
  • Utilities Included
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1220 Main St NE
Studio to 2 Bedroom Apartments

1220 Main St NE

1220 Main St NEMinneapolis, MN 55413
  • Utilities Included
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Garfield
1 to 2 Bedroom Apartments

Garfield

319 Garfield Ave NEMinneapolis, MN 55413
  • Utilities Included
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1118 Lowry Ave NE
1 Bedroom Apartments

1118 Lowry Ave NE

1118 Lowry Ave NEMinneapolis, MN 55418
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1615 26th Ave N
1 to 2 Bedroom Apartments

1615 26th Ave N

1615 26th Ave NMinneapolis, MN 55411
  • Utilities Included
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Central Avenue Lofts
1 to 3 Bedroom Apartments

Central Avenue Lofts

920 NE 24th AveMinneapolis, MN 55418
  • Utilities Included
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River Run Apartments
1 to 3 Bedroom Apartments

River Run Apartments

1434 Marshall St NEMinneapolis, MN 55413
  • Utilities Included

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.

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Central Flats
1 Bedroom Apartments

Central Flats

3251 Central Ave NEMinneapolis, MN 55418
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915 23rd Ave NE
1 to 2 Bedroom Apartments

915 23rd Ave NE

915 23rd Ave NEMinneapolis, MN 55418
  • Utilities Included
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The Serene
Studio to 2 Bedroom Apartments

The Serene

829 NE Marshall StMinneapolis, MN 55413
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3447 Central Ave NE
1 to 2 Bedroom Apartments

3447 Central Ave NE

3447 Central Ave NEMinneapolis, MN 55418
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Ratio
$1,186 - $3,515
Total Monthly Price

Total Monthly Price

Base Rent
$1,081 - $3,410
Required Monthly Fees
$105

Total Monthly Price
$1,186 - $3,515
Studio to 3 Bedroom Apartments Available Now

Ratio

909 Gould Ave NEColumbia Heights, MN 55421
Corporate Housing
  • Verified
  • Customer Reviewed
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3940 Peters Pl
1 to 2 Bedroom Apartments

3940 Peters Pl

3940 Peters PlColumbia Heights, MN 55421
  • Utilities Included

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.

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Parkview Villa
1 to 2 Bedroom Apartments

Parkview Villa

965 40th Ave NEColumbia Heights, MN 55421
Senior Living

Marshall Terrace, Minneapolis, MN Local Guide

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 Gateway Northeast priced from $816. 4060-4100 4th St NE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Marshall Terrace apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Gateway Northeast0CStudio,1BA$816
4060-4100 4th St NEOne Bed1BR,1BA$900
Aster Apartments in Near North Minneapolis1BR/1.0BA1BR,1BA$999
Timber & TieWashingtonStudio,1BA$1,095
Broadway FlatsStudio AStudio,1BA$1,199
The JuliaDStudio,1BA$1,266
SatoriBasalt1BR,1BA$1,290
Bottineau Commons1 Bedroom1BR,1BA$1,306
Stonehouse Square2 bedroom/1 bathroom2BR,1BA$1,339

Best Value Apartments for Rent in Marshall Terrace, MN

As of December 12, 2025 the best value apartment in the Marshall Terrace area is the $0.86 price per square foot 4136 Girard Ave N Model at 4136 Girard Ave N, Unit 4136 in the in the Shingle Creek neighborhood starting from $1,650. The second greatest value Marshall Terrace apartment is the 2401 3rd st NE Apt 2 Model at 2401 3rd st NE Apt 2, Unit 1 starting at $2,350 with a $1.57 price per square foot in the Northeast neighborhood. Here is today’s list of the best values for Marshall Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4136 Girard Ave N, Unit 41364136 Girard Ave N3BR,2BA$0.86
2401 3rd st NE Apt 2, Unit 12401 3rd st NE Apt 22BR,1BA$1.57
3208 Logan Ave N, Unit BottomUnit3208 Logan Ave N2BR,1BA$1.20
4225 Emerson Ave N, Unit 4225 Emerson Ave. N4225 Emerson Ave N2BR,1BA$1.44
712 6th St NE, Unit Lower unit712 6th St NE2BR,1BA$1.36
Stonehouse Square2 bedroom/1 bathroom2BR,1BA$1.34
1422 26th Ave N, Unit 31422 26th Ave N3BR,1BA$1.59
Gauvette Park Apartments2 BR 1 Bath2BR,1BA$1.44
West Broadway Crescent412-2B2BR,1BA$1.50
2539 Quincy St NE, Unit 2539 Unit2539 Quincy St NE1BR,1BA$1.48

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.

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The 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.

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Enjoy 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.

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Pet Friendly Lifestyle
Marshall Terrace, Minneapolis, MN

Ranked #114

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,339.

What is the price of a cheap apartment in Marshall Terrace?

The cheapest apartment in Marshall Terrace is 4060-4100 4th St NE which is listed at $900, while the average apartment in Marshall Terrace costs $2,195.

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 44 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 $560 which is $1,635 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

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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 Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters article

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.

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.