Cheap Apartments for Rent in the Midtown Minneapolis Neighborhood of Minneapolis, MN from $400 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Midtown Minneapolis area of Minneapolis.

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Rose
$725 - $1,695
Plus Fees1 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Rose

1928 Portland AveMinneapolis, MN 55404
Affordability
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property at 2810 Park Ave

2810 Park Ave

MinneapolisMN55407
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Cedars 94
Rent Specials
$968 - $1,830
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$959 - $1,821
Required Monthly Fees
$9

Total Monthly Price
$968 - $1,830
Studio to 2 Bedroom Apartments Available Now

Cedars 94

2220 E Franklin AveMinneapolis, MN 55404
Corporate Housing
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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.

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Dundry House
Studio to 1 Bedroom Apartments

Dundry House

1829 5th Ave SMinneapolis, MN 55404
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904-912
Studio to 3 Bedroom Apartments

904-912

904 21st Ave SMinneapolis, MN 55404
  • Utilities Included
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2709 Park Ave S
Studio to 1 Bedroom Apartments

2709 Park Ave S

2709 Park AveMinneapolis, MN 55407
Affordability
  • Utilities Included

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.

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2810 Park Ave
Studio Apartments

2810 Park Ave

2810 Park Ave SMinneapolis, MN 55407
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The Wellstone
1 to 3 Bedroom Apartments

The Wellstone

620 E Franklin AveMinneapolis, MN 55404
  • Utilities Included
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1615 11th Ave S
1 Bedroom Apartments

1615 11th Ave S

1615 11th Ave SMinneapolis, MN 55404
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3217 14th Ave S
Studio to 1 Bedroom Apartments

3217 14th Ave S

3217 14th Ave SMinneapolis, MN 55407
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Franklin Housing Co-op
1 to 2 Bedroom Apartments

Franklin Housing Co-op

2300 E Franklin AveMinneapolis, MN 55406
  • Utilities Included
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1828 Park Ave
1 to 3 Bedroom Apartments

1828 Park Ave

1828 Park AveMinneapolis, MN 55404
  • Utilities Included

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.

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The Midwell
Studio to 3 Bedroom Apartments

The Midwell

2835 11th Ave SMinneapolis, MN 55407
  • Utilities Included
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Appleton Villa
Studio to 1 Bedroom Apartments

Appleton Villa

615 E 16th StMinneapolis, MN 55404
  • Utilities Included
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3141 22nd Ave S
1 to 2 Bedroom Apartments

3141 22nd Ave S

3141 22nd Ave SMinneapolis, MN 55407
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Powderhorn Park
1 Bedroom Apartments

Powderhorn Park

3117 15th Ave SMinneapolis, MN 55407
  • Utilities Included
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Park Avenue Apartments
Studio to 2 Bedroom Apartments

Park Avenue Apartments

2801-2809 Park Ave SMinneapolis, MN 55407
  • Utilities Included
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2428 4th Ave
1 to 2 Bedroom Apartments

2428 4th Ave

2428-2430 4th Ave SMinneapolis, MN 55404

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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2424 4th Ave
1 Bedroom Apartments

2424 4th Ave

2424 4th Ave SMinneapolis, MN 55404
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1600
1 Bedroom Apartments

1600

1600 Park AveMinneapolis, MN 55404

Midtown Minneapolis, Minneapolis, MN Local Guide

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 904-912 priced from $780. Wadaag Commons has the second lowest priced unit, which is a 2 Beds apartment currently listed from $796. Here are the most affordable Midtown Minneapolis apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
904-9120BR/1.0BAStudio,1BA$780
Wadaag Commons2 BR Townhome2BR,1BA$796
2709 Park Ave S0BR/1.0BAStudio,1BA$805
Bridgewater CrossingsBWC Studio LargeStudio,1BA$850
912 22nd Ave1 Bedroom 1 Bath - 912 22nd Ave1BR,1BA$900
Best ApartmentsOne Bedroom1BR,1BA$940
Cedars 94CentralStudio,1BA$968
2428 4th Ave1 Bedroom 1 Bath - 2428 4th Ave1BR,1BA$1,025
2424 4th Ave1 Bedroom 1 Bath - 2424 4th Ave1BR,1BA$1,025

Best Value Apartments for Rent in Midtown Minneapolis, MN

As of October 26, 2025 the best value apartment in the Midtown Minneapolis area is the $0.78 price per square foot The Augsburg Model at Minnehaha 94 in the in the Cedar-Riverside neighborhood starting from $1,189. The second greatest value Midtown Minneapolis apartment is the 4BR/1.0BA Model at 1804 16th Ave S starting at $1,749 with a $1.46 price per square foot in the Greater Central neighborhood. Here is today’s list of the best values for Midtown Minneapolis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Minnehaha 94The Augsburg3BR,2.5BA$0.78
1804 16th Ave S4BR/1.0BA4BR,1BA$1.46
2621 Columbus Ave, Unit 2 Columbus Ave2621 Columbus Ave2BR,1BA$1.40
East Phillips Commons3 Bedroom3BR,2BA$1.38
The Jourdain2 Bedroom Market2BR,1BA$1.60
2416 25th Ave S, Unit 22416 25th Ave S2BR,1BA$1.37
3105 16th Ave S, Unit Three3105 16th Ave S2BR,1BA$1.26
904-9121BR/1.0BA1BR,1BA$1.11
Best ApartmentsOne Bedroom1BR,1BA$1.34
912 22nd Ave1 Bedroom 1 Bath - 912 22nd Ave1BR,1BA$1.45

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Enjoy 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.

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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.

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Pet Friendly Lifestyle
Midtown Minneapolis, Minneapolis, MN

Ranked #155

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Midtown Minneapolis Neighborhood in Minneapolis, MN

Walk Score®

81 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

96 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

58 / 100

Good Transit

Many nearby public transportation options

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 $1,025.

What is the price of a cheap apartment in Midtown Minneapolis?

The cheapest apartment in Midtown Minneapolis is 904-912 which is listed at $890, while the average apartment in Midtown Minneapolis costs $2,736.

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 8 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 $194 which is $2,542 cheaper than the average rent for all rentals in Midtown Minneapolis.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.