Cheap Apartments for Rent in the Marshall Terrace Neighborhood of Minneapolis, MN from $600 (52 Rentals)

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

property at 2950 Dupont Ave N

2950 Dupont Ave N

MinneapolisMN55411
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Quarry Place
Rent Specials
$1,136
Total Monthly Price

Total Monthly Price

Base Rent
$1,115
Required Monthly Fees
$21

Total Monthly Price
$1,136
1 Bedroom Apartments Available Nov 1

Quarry Place

1830 Hayes St NEMinneapolis, MN 55418
Affordability
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  • Utilities Included
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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.

property at 1000 Peters Pl

1000 Peters Pl

MinneapolisMN55421
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Broadway Flats
$1,204 - $1,354
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,350
Required Monthly Fees
$4

Total Monthly Price
$1,204 - $1,354
Studio to 2 Bedroom Apartments Available Now

Broadway Flats

2505 Penn Ave NMinneapolis, MN 55411
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Huxley Apartments
Rent Specials
$1,300 - $2,465
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $2,465

Total Monthly Price
$1,300 - $2,465
Studio to 2 Bedroom Apartments Available Now

Huxley Apartments

657 22nd Ave NEMinneapolis, MN 55418
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Emerson
1 to 3 Bedroom Apartments

Emerson

1600 N Emerson AveMinneapolis, MN 55411

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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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
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Bell Lofts
1 to 3 Bedroom Apartments

Bell Lofts

816 N 21st AveMinneapolis, MN 55411
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Lowry Manor
1 Bedroom Apartments

Lowry Manor

817 Lowry Ave NEMinneapolis, MN 55418
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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

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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Garfield
1 to 2 Bedroom Apartments

Garfield

319 Garfield Ave NEMinneapolis, MN 55413
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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
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River Run Apartments
1 to 3 Bedroom Apartments

River Run Apartments

1434 Marshall St NEMinneapolis, MN 55413
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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
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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Verso
Studio to 2 Bedroom Apartments

Verso

110 6th Ave NEMinneapolis, MN 55413
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Royal Apartments
1 to 2 Bedroom Apartments

Royal Apartments

1805-1825 Garfield St NEMinneapolis, MN 55418
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Bottineau Commons
1 to 3 Bedroom Apartments

Bottineau Commons

1800-1808 University Ave NEMinneapolis, MN 55418
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1621 Taylor St NE
1 to 2 Bedroom Apartments

1621 Taylor St NE

1621 Taylor St NEMinneapolis, MN 55413
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Ratio
Rent Specials
$884 - $3,538
Total Monthly Price

Total Monthly Price

Base Rent
$779 - $3,433
Required Monthly Fees
$105

Total Monthly Price
$884 - $3,538
Studio to 3 Bedroom Apartments Available Now

Ratio

909 Gould Ave NEColumbia Heights, MN 55421
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3940 Peters Pl
1 to 2 Bedroom Apartments

3940 Peters Pl

3940 Peters PlColumbia Heights, MN 55421
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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. Ratio has the second lowest priced unit, which is a Studio apartment currently listed from $884. Here are the most affordable Marshall Terrace apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Gateway Northeast0CStudio,1BA$816
RatioQuantum : Co-LivingStudio,1BA$884
4060-4100 4th St NEOne Bed1BR,1BA$900
Timber & TieWashingtonStudio,1BA$1,095
Central Flats1BR/1.0BA1BR,1BA$1,099
VersoVerso - B StudioStudio,1BA$1,159
Broadway FlatsStudio AStudio,1BA$1,204
West Broadway Crescent412-2A2BR,1BA$1,277
Stonehouse Square2 bedroom/1 bathroom2BR,1BA$1,339

Best Value Apartments for Rent in Marshall Terrace, MN

As of October 28, 2025 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 1 in the in the Northeast neighborhood starting from $2,350. The second greatest value Marshall Terrace apartment is the 1000 24th Ave NE Model at 1000 24th Ave NE, Unit 2 starting at $2,200 with a $1.52 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.
2401 3rd st NE Apt 2, Unit 12401 3rd st NE Apt 22BR,1BA$1.57
1000 24th Ave NE, Unit 21000 24th Ave NE3BR,1BA$1.52
Central Avenue Lofts3 Bedroom3BR,1BA$1.28
West Broadway Crescent412-2A2BR,1BA$1.27
Stonehouse Square2 bedroom/1 bathroom2BR,1BA$1.34
4401 Irving Ave N, Unit 16104401 Irving Ave N2BR,1BA$1.50
Gauvette Park Apartments2 BR 1 Bath2BR,1BA$1.44
The Legends of Columbia Heights 55+ LivingTwo Bedroom - C2BR,2BA$1.58
Gateway Northeast2A2BR,1BA$1.57
2539 Quincy St NE, Unit 2539 Unit2539 Quincy St NE1BR,1BA$1.48

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Quick 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.

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Pet Friendly Lifestyle
Marshall Terrace, Minneapolis, MN

Ranked #112

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 $2,395.

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 33 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 $375 which is $2,020 cheaper than the average rent for all rentals in Marshall Terrace.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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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.