
Cheap Apartments for Rent in the Midtown Minneapolis Neighborhood of Minneapolis, MN from $400 (69 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown Minneapolis area of Minneapolis.


Parkline Flats

Total Monthly Price
Bridgewater Crossings

2709 Park Ave S

2810 Park Ave

Best Apartments

Total Monthly Price
Cedars 94

Midwell

Everlake Apartments

Minneapolis Grand Apartments
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.

Total Monthly Price
The Bessemer at Seward Commons

Total Monthly Price
B-Side

Dakar on Lake

Total Monthly Price
1815 10th Ave S, Unit 4

Many Rivers West

Total Monthly Price
Lago Apartments

2932 15th Ave S

Total Monthly Price
917 East 19th Street, Unit First Floor

Total Monthly Price
Southsider

Total Monthly Price
Luna Apartments
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.

2500 17th Ave S

Minnehaha 94

1827 S 11th St

Total Monthly Price
2601 Portland Ave

1829 11th Ave S

2509 E 22nd St

2643 12th Ave S, Unit 1

912 E 25th St

2205 10th Ave S

3236 18th Ave S, 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.

Total Monthly Price
3254 15th Ave S, Unit 1S

1810 10th Ave S

1802 11th Ave S, Unit 2

Dundry House

East Phillips Commons

15th Avenue Apartments

904-912

Wadaag Commons

2723 Cedar Ave S

2810 Park Ave
Midtown Minneapolis - 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!

Powderhorn Terrace Apartments

The Wellstone

1615 11th Ave S

3217 14th Ave S

1828 Park Ave

1600

SoPHI Apartments

Park & Franklin Lofts

Appleton Villa

3141 22nd Ave S
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.
Midtown Minneapolis, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Midtown Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midtown Minneapolis Studio Apartments | $1,129 | $725 | $1,398 |
| Midtown Minneapolis 1 Bedroom Apartments | $1,283 | $925 | $1,853 |
| Midtown Minneapolis 2 Bedroom Apartments | $1,753 | $907 | $2,495 |
| Midtown Minneapolis 3 Bedroom Apartments | $1,740 | $1,325 | $2,500 |
| Midtown Minneapolis 4 Bedroom Apartments | $2,275 | $2,150 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 69 rentals with your search options within a 2 mile radius of the Midtown Minneapolis Neighborhood of Minneapolis, MN.
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Midtown Minneapolis, Minneapolis, MN Local Guide
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Cheapest Available Midtown Minneapolis Apartments for Rent
 The cheapest available apartment rental in the Midtown Minneapolis area of Minneapolis, MN is a Studio unit found at Parkline Flats priced from $799. Best Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $835. Here are the most affordable Midtown Minneapolis apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkline Flats | studio | Studio,1BA | $799 |
| Best Apartments | Studio | Studio,1BA | $835 |
| Bridgewater Crossings | BWC-2020 1 Bedroom Open Kitchen Floor Type | 1BR,1BA | $945 |
| 2709 Park Ave S | 1BR/1.0BA | 1BR,1BA | $975 |
| Midtown Exchange Apartments | Studio - Market | Studio,1BA | $1,024 |
| Midwell | Studio 1 (Type A) - 60% AMI | Studio,1BA | $1,035 |
| Everlake Apartments | Resolute | Studio,1BA | $1,120 |
| The Bessemer at Seward Commons | Franklin | Studio,1BA | $1,173 |
| B-Side | Studio | Studio,1BA | $1,189 |
| Dakar on Lake | 1BR/1.0BA | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Midtown Minneapolis, MN
As of August 05, 2026 the best value apartment in the Midtown Minneapolis area is the $1.42 price per square foot The Metropolitan Model at Minnehaha 94 in the in the Cedar-Riverside neighborhood starting from $1,582. The second greatest value Midtown Minneapolis apartment is the 3254 15th Ave S Model at 3254 15th Ave S, Unit 1S starting at $1,916 with a $1.74 price per square foot in the Powderhorn neighborhood. Here is today’s list of the best values for Midtown Minneapolis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Minnehaha 94 | The Metropolitan | 2BR,2BA | $1.42 |
| 3254 15th Ave S, Unit 1S | 3254 15th Ave S | 2BR,1BA | $1.74 |
| 912 E 25th St | 3 Beds, 1 Baths | 3BR,1BA | $1.77 |
| Rose | 2 Bedroom, Market Rate | 2BR,1BA | $1.72 |
| 904-912 | 2BR/1.0BA | 2BR,1BA | $1.26 |
| Many Rivers West | 1 Bedroom | 1BR,1BA | $1.60 |
| Midtown Exchange Apartments | Studio - Market | Studio ,1BA | $1.51 |
| 2709 Park Ave S | 1BR/1.0BA | 1BR,1BA | $1.70 |
| Best Apartments | Studio | Studio ,1BA | $1.67 |
| Parkline Flats | studio | Studio ,1BA | $1.72 |
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 LifestyleMidtown Minneapolis, Minneapolis, MN
Ranked #122
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Midtown Minneapolis Apartments
What is a cheap apartment in Midtown Minneapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown Minneapolis is under $1,199.
What is the price of a cheap apartment in Midtown Minneapolis?
The cheapest apartment in Midtown Minneapolis is Best Apartments which is listed at $925, while the average apartment in Midtown Minneapolis costs $1,303.
What types of apartments are the cheapest in Midtown Minneapolis?
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 39 regular apartments in Midtown Minneapolis 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 Midtown Minneapolis?
Cheap apartments in Midtown Minneapolis have an average cost of $563 which is $740 cheaper than the average rent for all rentals in Midtown Minneapolis.
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.

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.

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.