
Cheap Homes for Rent in Marshall Terrace Neighborhood of Minneapolis, MN from $1,200 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Marshall Terrace area of Minneapolis.


347 24th Ave NE

611 N 24th Ave

2500 N Logan Ave

2550 Jefferson St NE, Unit 1

4638 Camden Ave N
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.

340-1 15th Ave NE

3606 N Bryant Ave, Unit 1

233 26th Ave NE

1600 N Irving Ave

4350 Girard Ave N

4538 Colfax Ave N
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.

4314 3rd St NE

1110 27th Ave NE, Unit 1110 Upper

3547 Main St NE

3547 Main St NE

1431 Jefferson St NE

3942 Emerson Ave N
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

How much does it cost to rent a home in Marshall Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Marshall Terrace 2 Bedroom Homes for Rent | $2,161 | $1,275 | $6,250 |
| Marshall Terrace 3 Bedroom Homes for Rent | $2,051 | $1,300 | $2,900 |
| Marshall Terrace 4 Bedroom Homes for Rent | $2,698 | $2,000 | $5,288 |
| Marshall Terrace 5 Bedroom Homes for Rent | $2,863 | $2,595 | $3,200 |
| Marshall Terrace 6 Bedroom Homes for Rent | $2,961 | $2,795 | $3,095 |
Browse Homes for Rent in this Neighborhood
There are currently 18 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 |
| Stonehouse Square Apartments | 1C | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2717 Aldrich Ave N | 2717 Aldrich Ave N | 5BR,3BA | $1.10 |
| 161 15th Ave NE, Unit 1 | 161 15th Ave NE | 3BR,1BA | $1.43 |
| 1407 Girard Ave N, Unit 2 | 1407 Girard Ave N | 2BR,1BA | $1.29 |
| 329 30th Ave N, Unit 1 | 329 30th Ave N | 3BR,1BA | $1.42 |
| 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 #103
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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

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.