Cheap Apartments for Rent in the Mckinley Neighborhood of Minneapolis, MN from $600 (105 Rentals)

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

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3029 Vincent Ave N, Unit 1
$900
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900
Studio Apartment Available Jul 1

3029 Vincent Ave N, Unit 1

3029 Vincent Ave NMinneapolis, MN 55411
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The Redwell
Rent Specials
$995 - $1,346
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995 - $1,346
Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

The Redwell

1020 3rd St NMinneapolis, MN 55401
Affordability
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  • Low Income
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Timber & Tie
Rent Specials
$1,030 - $1,615
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025 - $1,610
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 4 Bedroom Apartments Available Now

Timber & Tie

900 14th Ave NEMinneapolis, MN 55413
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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property at 4201 3rd St NE

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

4201 3rd St NE

MinneapolisMN55421
property at 3318 N Penn Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

3318 N Penn Ave

MinneapolisMN55412
property at 962 29th Ave NE

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

1 Bedroom Rentals

Available Now

962 29th Ave NE

MinneapolisMN55418
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Phoenix North Loop
$1,249 - $2,835
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,249 - $2,835
Total Monthly Price
$1,249 - $2,835
Studio to 2 Bedroom Apartments Available May 31

Phoenix North Loop

915 Washington Ave NMinneapolis, MN 55401
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property at 677 Lowry Ave NE

$1,250 - $2,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250 - $2,100
Total Monthly Price
$1,250 - $2,100

2 To 4 Bedroom Condos for Rent

Available Now

677 Lowry Ave NE

MinneapolisMN55418
property at 2212 6th St NE

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

2212 6th St NE

MinneapolisMN55418
property at 1315 N Dowling Ave

$1,250 - $1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

1 To 2 Bedroom Rentals

Available Now

1315 N Dowling Ave

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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Satori Apartments
Rent Specials
$1,265 - $2,155
Total Monthly Price

Total Monthly Price

Base Rent
$1,260 - $2,150
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Satori Apartments

835 W Broadway AveMinneapolis, MN 55411
Family Friendly
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Huxley Apartments
Rent Specials
$1,330 - $2,699
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,330 - $2,699
Total Monthly Price
$1,330 - $2,699
Studio to 2 Bedroom Apartments Available Jul 6

Huxley Apartments

657 22nd Ave NEMinneapolis, MN 55418
Student Housing
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  • Utilities Included
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NoLo Living
$1,332 - $2,632
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $2,600
Required Monthly Fees
$32
Total Monthly Price
$1,332 - $2,632
Studio to 2 Bedroom Apartments Available Now

NoLo Living

815 N 2nd StMinneapolis, MN 55401
Senior Living
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property at 2900 N Colfax Ave

$1,345

Total Monthly Price

Total Monthly Price

Base Rent
$1,345
Total Monthly Price
$1,345

2 Bedroom, 1 Bath Home for Rent

Available Now

2900 N Colfax Ave

MinneapolisMN55411
property at 1504 4th St NE

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Jun 5

1504 4th St NE

MinneapolisMN55413
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The Laker
Rent Specials
$1,352 - $3,309
Total Monthly Price

Total Monthly Price

Base Rent
$1,329 - $3,286
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Jun 26

The Laker

2500 2nd St NEMinneapolis, MN 55418
Furnished
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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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Frances
Rent Specials
$1,359 - $3,444
Total Monthly Price

Total Monthly Price

Base Rent
$1,184 - $3,269
Required Monthly Fees
$175
Total Monthly Price
$1,359 - $3,444
Studio to 3 Bedroom Apartments Available Jun 1

Frances

1030 NE Main StMinneapolis, MN 55413
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Huck Apartments
$1,366 - $3,506
Total Monthly Price

Total Monthly Price

Base Rent
$1,205 - $3,345
Required Monthly Fees
$161
Total Monthly Price
$1,366 - $3,506
1 to 3 Bedroom Apartments Available Now

Huck Apartments

402 2nd St NEMinneapolis, MN 55413
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Red 20 Apartments
$1,397 - $3,532
Total Monthly Price

Total Monthly Price

Base Rent
$1,386 - $3,521
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Red 20 Apartments

20 6th St NEMinneapolis, MN 55413
Corporate Housing
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property at 914 University Ave NE

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

3 Bedroom, 1 Bath Home for Rent

Available Now

914 University Ave NE

MinneapolisMN55413
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The Julia
Rent Specials
$1,402 - $3,074
Total Monthly Price

Total Monthly Price

Base Rent
$1,227 - $2,899
Required Monthly Fees
$175
Total Monthly Price
$1,402 - $3,074
Studio to 2 Bedroom Apartments Available Jun 1

The Julia

80 Broadway St NEMinneapolis, MN 55413
Eco-Friendly
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  • Utilities Included
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Sawyer Apartments
$1,436 - $2,646
Total Monthly Price

Total Monthly Price

Base Rent
$1,385 - $2,595
Required Monthly Fees
$51
Total Monthly Price
$1,436 - $2,646
Studio to 2 Bedroom Apartments Available Now

Sawyer Apartments

338 2nd St NEMinneapolis, MN 55413
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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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Tyler Street Stacks
$1,448 - $2,557
Total Monthly Price

Total Monthly Price

Base Rent
$1,390 - $2,499
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jun 1

Tyler Street Stacks

1180 Tyler St NEMinneapolis, MN 55413
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Canvas Apartments
$1,449 - $2,326
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,445 - $2,322
Required Monthly Fees
$4
Total Monthly Price
$1,449 - $2,326
1 to 3 Bedroom Apartments Available Now

Canvas Apartments

2301 NE California StMinneapolis, MN 55418
Affordability
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property at 2318 Jefferson St NE

$1,458

Total Monthly Price

Total Monthly Price

Base Rent
$1,458
Total Monthly Price
$1,458

2 Bedroom, 1 Bath Home for Rent

Available Now

2318 Jefferson St NE

MinneapolisMN55418
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Solstice Northeast
$1,480 - $2,185
Total Monthly Price

Total Monthly Price

Base Rent
$1,280 - $1,985
Required Monthly Fees
$200
Total Monthly Price
$1,480 - $2,185
1 to 2 Bedroom Apartments Available Jul 1

Solstice Northeast

635 Van Buren St NEMinneapolis, MN 55413
Affordability
  • Verified
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The Grain Belt
$1,499 - $2,537
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,493 - $2,531
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Grain Belt

1215 Marshall St NEMinneapolis, MN 55413
Corporate Housing
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  • Customer Reviewed
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property at 1314 N Morgan Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Jul 16

1314 N Morgan Ave

MinneapolisMN55411
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

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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Showing Results 1-50, Page 1 of 3

Mckinley, Minneapolis, MN Local Guide

Cheapest Available Mckinley Apartments for Rent

 

The cheapest available apartment rental in the Mckinley area of Minneapolis, MN is a Studio unit found at St. Anne's Senior Housing priced from $655. Aster Apartments in Near North Minneapolis has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable Mckinley apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
St. Anne's Senior HousingStudioStudio,1BA$655
Aster Apartments in Near North Minneapolis0BR/1.0BAStudio,1BA$840
Aldrich Apartments | Near I-94 & Theodore WirthStandard 1BR1BR,1BA$875
4060-4100 4th St NEOne Bed1BR,1BA$900
The RedwellPrairie SpyStudio,1BA$995
Stonehouse Square Apartments1C1BR,1BA$999
Timber & TieWashingtonStudio,1BA$1,030
Gateway Northeast0CStudio,1BA$1,087
Central Flats1BR/1.0BA1BR,1BA$1,099
KAH Properties - 350 Building2BR 1BA2BR,1BA$1,185

Best Value Apartments for Rent in Mckinley, MN

As of May 30, 2026 the best value apartment in the Mckinley 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 Mckinley 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 Mckinley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2717 Aldrich Ave N2717 Aldrich Ave N5BR,3BA$1.10
2401 3rd st NE Apt 2, Unit 12401 3rd st NE Apt 22BR,1BA$1.57
1407 Girard Ave N, Unit 21407 Girard Ave N2BR,1BA$1.29
4225 Emerson Ave N, Unit 4225 Emerson Ave. N4225 Emerson Ave N2BR,1BA$1.33
Canvas ApartmentsVan Gogh2BR,2BA$1.61
West Broadway Crescent412-2A2BR,1BA$1.35
Gauvette Park Apartments2 BR 1 Bath2BR,1BA$1.44
1115 Humboldt Ave N3-bedroom3BR,1BA$1.44
Aldrich Apartments | Near I-94 & Theodore WirthStandard 1BR1BR,1BA$1.17
4060-4100 4th St NEOne Bed1BR,1BA$1.64

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.

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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
Mckinley, Minneapolis, MN

Ranked #69

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Northwestern Minneapolis-St. Paul, MN. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Mckinley Apartments

What is a cheap apartment in Mckinley?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mckinley is under $1,185.

What is the price of a cheap apartment in Mckinley?

The cheapest apartment in Mckinley is Aldrich Apartments | Near I-94 & Theodore Wirth which is listed at $875, while the average apartment in Mckinley costs $2,397.

What types of apartments are the cheapest in Mckinley?

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 40 regular apartments in Mckinley 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 Mckinley?

Cheap apartments in Mckinley have an average cost of $529 which is $1,868 cheaper than the average rent for all rentals in Mckinley.

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

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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.