
Cheap Apartments for Rent in the Marshall Terrace Neighborhood of Minneapolis, MN from $300 (99 Rentals)
Search the lowest-cost Apartments available for rent right now in the Marshall Terrace area of Minneapolis.


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Aster Apartments

Monroe Village Senior Apartments

4201 3rd St NE

Stonehouse Square Apartments

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Timber & Tie

The Marshall

Gateway Northeast

718 24th Ave NE

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Quarry Place
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.

962 29th Ave NE

Jax Apartments

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Huck Apartments

677 Lowry Ave NE

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Satori Apartments

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Huxley Apartments

1000 Main

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The Laker

Serene Apartments

414 22nd Ave NE
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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2909 Grand St NE, Unit 2

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2924 Emerson Ave N

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2802 Lincoln St NE, Unit Lincoln

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719 University Ave NE, Unit 719-1

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The Julia

New Boston Square

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Frances

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Tyler Street Stacks

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Canvas Apartments

2318 Jefferson St NE
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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N&E

1432 Grand St NE

The Bottineau on the River

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The Grain Belt

1028 28th Ave NE

2550 Jefferson St NE, Unit 1

1923 University Ave NE

1314 N Morgan Ave

920 22nd Ave NE

3606 N Bryant Ave, 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.

4350 Girard Ave N

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824 Lowry Ave NE, Unit 2

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1811 Jackson St NE, Unit 2

4538 Colfax Ave N

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Solstice Apartments

732 Polk St NE

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4225 Emerson Ave N, Unit 4225 Emerson Ave. N

Bottineau Commons and Lofts

Peregrine

Emerson
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,352 | $840 | $1,774 |
| Marshall Terrace 1 Bedroom Apartments | $1,647 | $900 | $2,495 |
| Marshall Terrace 2 Bedroom Apartments | $2,091 | $995 | $6,250 |
| Marshall Terrace 3 Bedroom Apartments | $2,317 | $1,670 | $3,506 |
| Marshall Terrace 4 Bedroom Apartments | $2,709 | $2,195 | $2,999 |
Browse Apartments in this Neighborhood
There are currently 99 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 Studio unit found at St. Anne's Senior Housing priced from $655. Aster Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $840. 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 |
| Aster Apartments | 0BR/1.0BA | Studio,1BA | $840 |
| 801 N 21St Ave | Standard 1BR | 1BR,1BA | $875 |
| 4060-4100 4th St NE | One Bed | 1BR,1BA | $900 |
| Ratio | Quantum : Co-Living | Studio,1BA | $978 |
| Stonehouse Square Apartments | 1C | 1BR,1BA | $999 |
| Timber & Tie | Washington | Studio,1BA | $1,030 |
| Central Flats | 1BR/1.0BA | 1BR,1BA | $1,050 |
| Gateway Northeast | 0C | Studio,1BA | $1,087 |
| Quarry Place | 1 Bedroom A | 1BR,1BA | $1,117 |
Best Value Apartments for Rent in Marshall Terrace, MN
As of June 17, 2026 the best value apartment in the Marshall Terrace area is the $1.05 price per square foot 2717 Aldrich Ave N Model at 2717 Aldrich Ave N in the in the Greater Near North neighborhood starting from $2,100. The second greatest value Marshall Terrace apartment is the 2927 Marshall St NE Model at 2927 Marshall St NE, Unit A starting at $2,850 with a $1.58 price per square foot in the Shingle Creek 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 | 2717 Aldrich Ave N | 5BR,3BA | $1.05 |
| 2927 Marshall St NE, Unit A | 2927 Marshall St NE | 3BR,2.5BA | $1.58 |
| 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 |
| 4225 Emerson Ave N, Unit 4225 Emerson Ave. N | 4225 Emerson Ave N | 2BR,1BA | $1.33 |
| 3006 Emerson Avenue N #2, Unit 2 | 3006 Emerson Avenue N #2 | 3BR,1BA | $1.52 |
| West Broadway Crescent | 412-2B | 2BR,1BA | $1.35 |
| Gauvette Park Apartments | 2 BR 1 Bath | 2BR,1BA | $1.44 |
| Senior 55+ - Hart Lake Apartments | 1 bedroom | 1BR,1BA | $1.53 |
| 801 N 21St Ave | Standard 1BR | 1BR,1BA | $1.17 |
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 #105
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 $1,117.
What is the price of a cheap apartment in Marshall Terrace?
The cheapest apartment in Marshall Terrace is 801 N 21St Ave which is listed at $875, while the average apartment in Marshall Terrace costs $2,822.
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 26 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 $430 which is $2,392 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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.