
Cheap Apartments for Rent in the Mckinley Neighborhood of Minneapolis, MN from $300 (97 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mckinley area of Minneapolis.


4425 York Ave N

3759 N Knox Ave

Total Monthly Price
Aster Apartments

1435 Marshall St NE

St. Anne's Senior Housing

Monroe Village Senior Apartments

1716 Tyler St NE

Total Monthly Price
Timber & Tie

Total Monthly Price
The Redwell
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.

The Marshall

962 29th Ave NE

Jax Apartments

Stonehouse Square Apartments

Gateway Northeast

Total Monthly Price
Huck Apartments

1000 Main

Total Monthly Price
1115 Humboldt Ave N

614 NE 20th Ave

Total Monthly Price
1715 6th St NE, Unit #2
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.

Total Monthly Price
Huxley Apartments

211 17th Avenue Northeast, Unit 2

3322 N Penn Ave

Total Monthly Price
3314 Emerson Ave N, Unit Upper

Total Monthly Price
The Laker

Serene Apartments

2330 N Irving Ave

Total Monthly Price
3052 California St NE, Unit 1

3236 N James Ave, Unit 2

170 NE 15th Ave
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.

New Boston Square

Total Monthly Price
2909 Grand St NE, Unit 2

Total Monthly Price
NoLo Living

Total Monthly Price
Sawyer Apartments

Total Monthly Price
Red 20 Apartments

Total Monthly Price
700 Central Lofts and Flats

Total Monthly Price
Tyler Street Stacks

Total Monthly Price
Canvas Apartments

2318 Jefferson St NE

Total Monthly Price
N&E
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.

732 Polk St NE

1923 University Ave NE

The Bottineau on the River

2550 Jefferson St NE, Unit 1

920 22nd Ave NE

1314 N Morgan Ave

2226 N Dupont Ave N, Unit 2

Emerson

3706 N Penn Ave

Fremont 3619
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Mckinley, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Mckinley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mckinley Studio Apartments | $1,481 | $840 | $2,529 |
| Mckinley 1 Bedroom Apartments | $1,805 | $900 | $6,649 |
| Mckinley 2 Bedroom Apartments | $2,160 | $280 | $5,995 |
| Mckinley 3 Bedroom Apartments | $2,425 | $1,300 | $10,000+ |
| Mckinley 4 Bedroom Apartments | $2,281 | $2,195 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 97 rentals with your search options within a 2 mile radius of the Mckinley Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Mckinley, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Mckinley Apartments for Rent
 The cheapest available apartment rental in the Mckinley area of Minneapolis, MN is a 2 Beds unit found at Bottineau Commons and Lofts priced from $280. Fremont 3600 has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Mckinley apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bottineau Commons and Lofts | 2BR-D-MARI | 2BR,1BA | $280 |
| Fremont 3600 | Fremont 3600 - 15 | Studio,1BA | $795 |
| Aster Apartments | 0BR/1.0BA | Studio,1BA | $840 |
| Broadway 2407 | Broadway 2407 - 8 | 2BR,1BA | $895 |
| St. Anne's Senior Housing | 2 Bedroom | 2BR,1BA | $899 |
| 4060-4100 4th St NE | One Bed | 1BR,1BA | $900 |
| Fremont 3619 | Fremont 3619 - 2 | 1BR,1BA | $935 |
| Timber & Tie | Washington | Studio,1BA | $1,030 |
| Central Flats | 1BR/1.0BA | 1BR,1BA | $1,050 |
| The Redwell | Honeycrisp | Studio,1BA | $1,075 |
Best Value Apartments for Rent in Mckinley, MN
As of July 14, 2026 the best value apartment in the Mckinley area is the $1.22 price per square foot 2717 Aldrich Ave N Model at 2717 Aldrich Ave N in the in the Greater Near North neighborhood starting from $1,950. The second greatest value Mckinley apartment is the 2401 3rd st NE Apt 2 Model at 2401 3rd st NE Apt 2, Unit 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2717 Aldrich Ave N | 2717 Aldrich Ave N | 3BR,2BA | $1.22 |
| 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 |
| 3052 California St NE, Unit 1 | 3052 California St NE | 1BR,1BA | $1.34 |
| West Broadway Crescent | 412-2B | 2BR,1BA | $1.35 |
| Gauvette Park Apartments | 2 BR 1 Bath | 2BR,1BA | $1.44 |
| 1115 Humboldt Ave N | 3-bedroom | 3BR,1BA | $1.44 |
| Broadway 2407 | Broadway 2407 - 8 | 2BR,1BA | $1.19 |
| Fremont 3619 | Fremont 3619 - 2 | 1BR,1BA | $1.44 |
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 LifestyleMckinley, Minneapolis, MN
Ranked #82
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,075.
What is the price of a cheap apartment in Mckinley?
The cheapest apartment in Mckinley is Fremont 3600 which is listed at $895, while the average apartment in Mckinley costs $2,250.
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 56 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 $572 which is $1,678 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

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 Insider's 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.