
Cheap Homes for Rent in Mckinley Neighborhood of Minneapolis, MN from $600 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Mckinley area of Minneapolis.


3701 N Aldrich Ave

4425 York Ave N

4139 N Bryant Ave, Unit 1

720 3rd Ave NE, Unit 107
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.

3515 N Morgan Ave, Unit 2

3606 N Bryant Ave, Unit 2

1709 N 26th Ave

1500 N Irving Ave

4001-4003 N Bryant Ave
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.

347 24th Ave NE

644 Van Buren St NE

2208 NE 2nd St

1908 NE Jackson St

3606 N Bryant Ave, Unit 1
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.
Mckinley, Minneapolis, MN Local Guide

How much does it cost to rent a home in Mckinley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mckinley 2 Bedroom Homes for Rent | $1,848 | $1,250 | $3,150 |
| Mckinley 3 Bedroom Homes for Rent | $2,193 | $1,495 | $2,800 |
| Mckinley 4 Bedroom Homes for Rent | $2,274 | $1,700 | $3,000 |
| Mckinley 5 Bedroom Homes for Rent | $2,855 | $2,100 | $3,200 |
| Mckinley 6 Bedroom Homes for Rent | $3,115 | $2,795 | $3,295 |
Browse Homes for Rent in this Neighborhood
There are currently 15 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 Studio unit found at St. Anne's Senior Community priced from $655. Gateway Northeast has the second lowest priced unit, which is a Studio apartment currently listed from $816. Here are the most affordable Mckinley apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| St. Anne's Senior Community | A | Studio,1BA | $655 |
| Gateway Northeast | 0C | Studio,1BA | $816 |
| 4060-4100 4th St NE | One Bed | 1BR,1BA | $900 |
| 801 N 21St Ave | Standard 1BR | 1BR,1BA | $915 |
| Timber & Tie | Washington | Studio,1BA | $1,055 |
Best Value Apartments for Rent in Mckinley, MN
As of April 13, 2026 the best value apartment in the Mckinley area is the $1.57 price per square foot 2401 3rd st NE Apt 2 Model at 2401 3rd st NE Apt 2, Unit 1 in the in the Northeast neighborhood starting from $2,350. The second greatest value Mckinley apartment is the 3 bedroom Model at Columbia Court starting at $1,917 with a $1.46 price per square foot in the Audubon Park 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. |
|---|---|---|---|
| 2401 3rd st NE Apt 2, Unit 1 | 2401 3rd st NE Apt 2 | 2BR,1BA | $1.57 |
| Columbia Court | 3 bedroom | 3BR,1.5BA | $1.46 |
| West Broadway Crescent | 412-3A | 3BR,1BA | $1.21 |
| Canvas Apartments | Van Gogh | 2BR,2BA | $1.61 |
| Stonehouse Square | 2 bedroom/1 bathroom | 2BR,1BA | $1.34 |
| 1422 26th Ave N | 1422 26th Ave N | 3BR,1BA | $1.59 |
| Gauvette Park Apartments | 2 BR 1 Bath | 2BR,1BA | $1.44 |
| 1115 Humboldt Ave N | 3-bedroom | 3BR,1BA | $1.44 |
| 801 N 21St Ave | Standard 1BR | 1BR,1BA | $1.22 |
| 4060-4100 4th St NE | One Bed | 1BR,1BA | $1.64 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 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 #90
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Mckinley
What type of rentals are currently available in Mckinley?
There are currently 393 Apartments for Rent in Mckinley, MN with pricing that ranges from $655 to $13,719. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mckinley ranging from $600 to $3,295.
What is the current price range for Rental Homes in Mckinley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mckinley ranges from $600 to $3,295 with an average monthly rent of $2,155.
How much are larger Three and Four Bedroom Rentals in Mckinley?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mckinley range from $945 to $13,719, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,048.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.