
Cheap Apartments for Rent in the Midtown Minneapolis Neighborhood of Minneapolis, MN from $420 (66 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown Minneapolis area of Minneapolis.


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Bridgewater Crossings

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Parkline Flats

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2709 Park Ave S

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Best Apartments

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Cedars 94

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Dakar on Lake

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Everlake Apartments

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Southsider

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The Bessemer at Seward Commons
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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Midwell

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B-Side

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Minneapolis Grand Apartments

2417 17th Ave S

2500 17th Ave S

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Many Rivers West

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Lago Apartments

2726 Bloomington Ave, Unit 100

3117 15th Ave S

2609 16th Ave S
Rent According to Income: A Look at Income-Restricted Rentals
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1827 S 11th St

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Minnehaha 94

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2303 22nd Ave S, Unit 1

2929 21st Ave S, Unit 204

2850 Cedar Ave S, Unit 202

2850 Cedar Ave S

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Luna Apartments

2929 21st Ave S

2643 12th Ave S, Unit 1

3227 Portland Ave
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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912 E 25th St

3255 15th Ave S

Dundry House

East Phillips Commons

15th Avenue Apartments

Wadaag Commons

2723 Cedar Ave S

2810 Park Ave

Powderhorn Terrace Apartments

The Wellstone
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!

1615 11th Ave S

3217 14th Ave S

1828 Park Ave

1600

SoPHI Apartments

Appleton Villa

Park & Franklin Lofts

3141 22nd Ave S

904-912

Powderhorn Park
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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 | $1,092 | $725 | $1,275 |
| Midtown Minneapolis 1 Bedroom Apartments | $1,266 | $925 | $1,853 |
| Midtown Minneapolis 2 Bedroom Apartments | $1,709 | $907 | $2,112 |
| Midtown Minneapolis 3 Bedroom Apartments | $1,704 | $1,200 | $2,200 |
| Midtown Minneapolis 4 Bedroom Apartments | $2,289 | $2,289 | $2,289 |
Browse Apartments in this Neighborhood
There are currently 66 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 2 Beds unit found at East Phillips Commons priced from $441. Bridgewater Crossings has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Midtown Minneapolis apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| East Phillips Commons | 2 Bedroom | 2BR, 1BA | $441 |
| Bridgewater Crossings | BWC -2111 Small Studio | Studio, 1BA | $750 |
| Parkline Flats | studio | Studio, 1BA | $799 |
| Best Apartments | Studio | Studio, 1BA | $835 |
| 904-912 | 1BR/1.0BA | 1BR, 1BA | $975 |
| Cedars 94 | Riverside | Studio, 1BA | $984 |
| Dakar on Lake | 1BR/1.0BA | 1BR, 1BA | $999 |
| Midtown Exchange Apartments | 2 Bedroom | 2BR, 1BA | $1,113 |
| 921 | 1BR/1.0BA | 1BR, 1BA | $1,125 |
| The Bessemer at Seward Commons | Franklin | Studio, 1BA | $1,173 |
Best Value Apartments for Rent in Midtown Minneapolis, MN
As of September 19, 2026 the best value apartment in the Midtown Minneapolis area is the $1.22 price per square foot 2 Bedroom plus Den - Market Model at Midtown Exchange Apartments in the Powderhorn neighborhood starting from $1,558. The second greatest value Midtown Minneapolis apartment is the 2 Bedroom Model at East Phillips Commons in the Powderhorn neighborhood starting at $441 with a $0.43 price per square foot. 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. |
|---|---|---|---|
| Midtown Exchange Apartments | 2 Bedroom plus Den - Market | 2BR, 1BA | $1.22 |
| East Phillips Commons | 2 Bedroom | 2BR, 1BA | $0.43 |
| 912 E 25th St | 3 Beds, 1 Baths | 3BR, 1BA | $1.77 |
| Rose | 2 Bedroom, Market Rate | 2BR, 1BA | $1.72 |
| Minnehaha 94 | The Courtland | 2BR, 2BA | $1.41 |
| 904-912 | 2BR/1.0BA | 2BR, 1BA | $1.26 |
| Many Rivers West | 1 Bedroom | 1BR, 1BA | $1.60 |
| Minneapolis Grand Apartments | One Bedroom, One Bath | 1BR, 1BA | $1.88 |
| 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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 #128
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 $1,173.
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 $1,258.
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 32 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 $455 which is $803 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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.