
Cheap Apartments for Rent in the Mckinley Neighborhood of Minneapolis, MN from $333 (93 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mckinley area of Minneapolis.


4425 York Ave N

2642 Queen Ave N

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Aster Apartments

4937 Beard Ave N

4627 N Colfax Ave, Unit 3

St. Anne's Senior Housing

Monroe Village Senior Apartments

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Timber & Tie

Gateway Northeast
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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Satori Apartments

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Huxley Apartments

Jax Apartments

962 29th Ave NE

Beam

Stonehouse Square Apartments

689 Lowry Ave NE

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Huck Apartments

1000 Main

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NoLo Living
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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1115 Humboldt Ave N

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415 23rd Ave N, Unit 4

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N&E

635 Adams St NE

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Serene Apartments

2330 N Irving Ave

1115 N 33rd Ave

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The Laker

732 Polk St NE

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3923 Upton Ave N, Unit 2
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

901 4th St NE

349 NE 15th Ave, Unit 2

New Boston Square

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Sawyer Apartments

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The Redwell

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700 Central Lofts and Flats

2550 Jefferson St NE, Unit 1

3606 N Bryant Ave, Unit 1

4126 Madison St NE, Unit 1

2226 N Dupont Ave N, Unit 2
Mckinley - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

1812 Golden Valley Rd

Emerson

Fremont 3619

Fremont 3501

Fremont 3600

Golden Valley Apartments

2510 Jackson St NE

Commons at Penn

801 N 21St Ave

319-8TH
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 | $1,448 | $840 | $2,439 |
| Mckinley 1 Bedroom Apartments | $1,725 | $875 | $6,469 |
| Mckinley 2 Bedroom Apartments | $2,134 | $280 | $6,899 |
| Mckinley 3 Bedroom Apartments | $2,128 | $1,300 | $3,501 |
| Mckinley 4 Bedroom Apartments | $2,383 | $2,150 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 93 rentals with your search options within a 2 mile radius of the Mckinley Neighborhood of Minneapolis, MN.
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Mckinley, Minneapolis, MN Local Guide
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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 $333. 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-MAR | 2BR,1BA | $333 |
| Fremont 3600 | Fremont 3600 - 15 | Studio,1BA | $795 |
| Commons at Penn | 1 Bedroom | 1BR,1BA | $850 |
| Broadway 2407 | Broadway 2407 - 8 | 2BR,1BA | $895 |
| St. Anne's Senior Housing | Studio | Studio,1BA | $899 |
| 4060-4100 4th St NE | One Bed | 1BR,1BA | $900 |
| Peters Place Apartments | 1 Beds, 1 Baths | 1BR,1BA | $950 |
| Timber & Tie | Washington | Studio,1BA | $1,030 |
| Gateway Northeast | 0C | Studio,1BA | $1,050 |
| Broadway Flats | Studio C | Studio,1BA | $1,154 |
Best Value Apartments for Rent in Mckinley, MN
As of August 29, 2026 the best value apartment in the Mckinley area is the $1.35 price per square foot 3 Bedroom-T1 Model at Beam in the in the Jordan neighborhood starting from $2,395. The second greatest value Mckinley apartment is the 2513 Fremont Ave N Model at 2513 Fremont Ave N, Unit 1 starting at $2,150 with a $1.43 price per square foot in the Jordan 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. |
|---|---|---|---|
| Beam | 3 Bedroom-T1 | 3BR,2.5BA | $1.35 |
| 2513 Fremont Ave N, Unit 1 | 2513 Fremont Ave N | 4BR,1BA | $1.43 |
| West Broadway Crescent | 412-2B | 2BR,1BA | $1.35 |
| Gauvette Park Apartments | 2 BR 1 Bath | 2BR,1BA | $1.44 |
| Commons at Penn | 2 Bedroom | 2BR,1BA | $1.14 |
| 1115 Humboldt Ave N | 3-bedroom | 3BR,1BA | $1.44 |
| Broadway 2407 | Broadway 2407 - 8 | 2BR,1BA | $1.19 |
| 960-962 29th Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $1.53 |
| Fremont 3600 | Fremont 3600 - 3 | 1BR,1BA | $1.56 |
| Peters Place Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.58 |
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 #83
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 $1,154.
What is the price of a cheap apartment in Mckinley?
The cheapest apartment in Mckinley is Fremont 3600 which is listed at $850, while the average apartment in Mckinley costs $1,703.
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 41 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 $698 which is $1,005 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

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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.