Cheap Homes for Rent in Marshall Terrace Neighborhood of Minneapolis, MN from $1,200 (18 Rentals)

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

property at 2006 N Penn Ave

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2006 N Penn Ave

MinneapolisMN55411
property at 347 24th Ave NE

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Condo for Rent

Available Now

347 24th Ave NE

MinneapolisMN55418
property at 611 N 24th Ave

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Townhome for Rent

Available Now

611 N 24th Ave

MinneapolisMN55411
property at 4638 Camden Ave N

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Condo for Rent

Available Jun 15

4638 Camden Ave N

MinneapolisMN55412

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.

property at 340-1 15th Ave NE

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

340-1 15th Ave NE

MinneapolisMN55413
property at 233 26th Ave NE

$1,545

Total Monthly Price

Total Monthly Price

Base Rent
$1,545

Total Monthly Price
$1,545

3 Bedroom, 1 Bath Home for Rent

Available Now

233 26th Ave NE

MinneapolisMN55418
property at 1600 N Irving Ave

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Condo for Rent

Available Now

1600 N Irving Ave

MinneapolisMN55411
property at 4350 Girard Ave N

$1,550

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Townhome for Rent

Available Now

4350 Girard Ave N

MinneapolisMN55412
property at 4538 Colfax Ave N

$1,599

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,599

Total Monthly Price
$1,599

1 Bedroom, 1 Bath Home for Rent

Available Now

4538 Colfax 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.

property at 3547 Main St NE

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 1 Bath Townhome for Rent

Available Now

3547 Main St NE

MinneapolisMN55418
property at 3547 Main St NE

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 1 Bath Home for Rent

Available Now

3547 Main St NE

MinneapolisMN55418
property at 1431 Jefferson St NE

$1,700

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 1 Bath Townhome for Rent

Available Now

1431 Jefferson St NE

MinneapolisMN55413
property at 3942 Emerson Ave N

$1,700

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

3942 Emerson Ave N

MinneapolisMN55412

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.

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 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 ListingModel NameBed/BathPriced From
St. Anne's Senior HousingStudioStudio,1BA$655
Aster Apartments0BR/1.0BAStudio,1BA$840
801 N 21St AveStandard 1BR1BR,1BA$875
4060-4100 4th St NEOne Bed1BR,1BA$900
Stonehouse Square Apartments1C1BR,1BA$999

Best Value Apartments for Rent in Marshall Terrace, MN

As of June 11, 2026 the best value apartment in the Marshall Terrace area is the $1.10 price per square foot 2717 Aldrich Ave N Model at 2717 Aldrich Ave N in the in the Greater Near North neighborhood starting from $2,200. The second greatest value Marshall Terrace apartment is the 161 15th Ave NE Model at 161 15th Ave NE, Unit 1 starting at $2,150 with a $1.43 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.
2717 Aldrich Ave N2717 Aldrich Ave N5BR,3BA$1.10
161 15th Ave NE, Unit 1161 15th Ave NE3BR,1BA$1.43
1407 Girard Ave N, Unit 21407 Girard Ave N2BR,1BA$1.29
329 30th Ave N, Unit 1329 30th Ave N3BR,1BA$1.42
4225 Emerson Ave N, Unit 4225 Emerson Ave. N4225 Emerson Ave N2BR,1BA$1.33
3006 Emerson Avenue N #2, Unit 23006 Emerson Avenue N #23BR,1BA$1.52
West Broadway Crescent412-2B2BR,1BA$1.35
Gauvette Park Apartments2 BR 1 Bath2BR,1BA$1.44
Senior 55+ - Hart Lake Apartments1 bedroom1BR,1BA$1.53
801 N 21St AveStandard 1BR1BR,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.

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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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Real 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 Article
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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 #103

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 Marshall Terrace

What type of rentals are currently available in Marshall Terrace?

There are currently 386 Apartments for Rent in Marshall Terrace, MN with pricing that ranges from $840 to $6,250. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Marshall Terrace ranging from $1,275 to $6,250.

What is the current price range for Rental Homes in Marshall Terrace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Marshall Terrace ranges from $1,275 to $6,250 with an average monthly rent of $2,363.

How much are larger Three and Four Bedroom Rentals in Marshall Terrace?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Marshall Terrace range from $1,670 to $3,506, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,195.

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.

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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

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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

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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.

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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.

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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.

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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.