Cheap Apartments for Rent in the Midtown Minneapolis Neighborhood of Minneapolis, MN from $400 (69 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
Student Housing
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  • Customer Reviewed
  • 3D Tour
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Bridgewater Crossings
$800 - $1,050
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$800 - $1,050

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

Bridgewater Crossings

2101-2020 21st Ave SMinneapolis, MN 55404
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 2810 Park Ave

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

Studio, 1 Bath Home for Rent

Available Aug 10

2810 Park Ave

MinneapolisMN55407
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Cedars 94
Rent Specials
$969 - $1,821
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$969 - $1,821

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Aug 21

Cedars 94

2220 E Franklin AveMinneapolis, MN 55404
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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The Bessemer at Seward Commons
Rent Specials
$1,173 - $2,112
Total Monthly Price

Total Monthly Price

Base Rent
$1,165 - $2,104
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Bessemer at Seward Commons

2220 Snelling AveMinneapolis, MN 55404
Student Housing
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  • Customer Reviewed
  • 3D Tour
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B-Side
Rent Specials
$1,189 - $1,896
Total Monthly Price

Total Monthly Price

Base Rent
$1,174 - $1,881
Required Monthly Fees
$15

Total Monthly Price
$1,189 - $1,896
Studio to 2 Bedroom Apartments Available Now

B-Side

3027 22nd Ave SMinneapolis, MN 55407
Transit Friendly
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  • Customer Reviewed
  • Low Income
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Lago Apartments
Rent Specials
$1,203 - $2,159
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $2,155
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Lago Apartments

500 W Lake StMinneapolis, MN 55408
Student Housing
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  • Customer Reviewed
  • 3D Tour
property at 2932 15th Ave S

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

2932 15th Ave S

MinneapolisMN55407
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Southsider
Rent Specials
$1,275 - $1,938
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $1,938

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Southsider

3029 22nd AveMinneapolis, MN 55407
Transit Friendly
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  • Customer Reviewed
  • 3D Tour
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Luna Apartments
Rent Specials
$1,303 - $2,303
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295 - $2,295
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Luna Apartments

2520 8th St SMinneapolis, MN 55454
Pet Friendly
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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.

property at 2500 17th Ave S

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

3 Bedroom, 1 Bath Home for Rent

Available Now

2500 17th Ave S

MinneapolisMN55404
property at 1827 S 11th St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

1827 S 11th St

MinneapolisMN55404
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2601 Portland Ave
$1,505 - $1,540
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,505 - $1,540

Total Monthly Price
$1,505 - $1,540
1 Bedroom Apartment Available Now

2601 Portland Ave

2601 Portland AveMinneapolis, MN 55407
Affordability
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property at 1829 11th Ave S

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

3 Bedroom, 1 Bath Home for Rent

Available Now

1829 11th Ave S

MinneapolisMN55404
property at 2509 E 22nd St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Home for Rent

Available Oct 1

2509 E 22nd St

MinneapolisMN55406
property at 912 E 25th St

$1,795 - $1,815

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

3 Bedroom Rentals

Available Now

912 E 25th St

MinneapolisMN55404
property at 2205 10th Ave S

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 3 Bath Home for Rent

Available Now

2205 10th Ave S

MinneapolisMN55404
property at 3236 18th Ave S

$1,850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 1 Bath Townhome for Rent

Available Now

3236 18th Ave S, Unit 2

3236 18th Ave S
MinneapolisMN55407

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.

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3254 15th Ave S, Unit 1S
$1,916
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,916

Total Monthly Price
$1,916
2 Bedroom Apartment Available Now

3254 15th Ave S, Unit 1S

3254 15th Ave SMinneapolis, MN 55407
  • Smoke Free
property at 1810 10th Ave S

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

4 Bedroom, 2 Bath Home for Rent

Available Now

1810 10th Ave S

MinneapolisMN55404
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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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Wadaag Commons
1 to 4 Bedroom Apartments

Wadaag Commons

1900 E 22nd StMinneapolis, MN 55404
  • Utilities Included
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2723 Cedar Ave S
1 Bedroom Apartments

2723 Cedar Ave S

2723 Cedar Ave SMinneapolis, MN 55407
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2810 Park Ave
Studio Apartments

2810 Park Ave

2810 Park Ave SMinneapolis, MN 55407
Student Housing

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!

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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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1828 Park Ave
1 to 3 Bedroom Apartments

1828 Park Ave

1828 Park AveMinneapolis, MN 55404
  • Utilities Included
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1600
1 Bedroom Apartments

1600

1600 Park AveMinneapolis, MN 55404
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SoPHI Apartments
Studio Apartments

SoPHI Apartments

811 E Lake StMinneapolis, MN 55407
Corporate Housing
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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

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

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 ListingModel NameBed/BathPriced From
Parkline FlatsstudioStudio,1BA$799
Best ApartmentsStudioStudio,1BA$835
Bridgewater CrossingsBWC-2020 1 Bedroom Open Kitchen Floor Type1BR,1BA$945
2709 Park Ave S1BR/1.0BA1BR,1BA$975
Midtown Exchange ApartmentsStudio - MarketStudio,1BA$1,024
MidwellStudio 1 (Type A) - 60% AMIStudio,1BA$1,035
Everlake ApartmentsResoluteStudio,1BA$1,120
The Bessemer at Seward CommonsFranklinStudio,1BA$1,173
B-SideStudioStudio,1BA$1,189
Dakar on Lake1BR/1.0BA1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Minnehaha 94The Metropolitan2BR,2BA$1.42
3254 15th Ave S, Unit 1S3254 15th Ave S2BR,1BA$1.74
912 E 25th St3 Beds, 1 Baths3BR,1BA$1.77
Rose2 Bedroom, Market Rate2BR,1BA$1.72
904-9122BR/1.0BA2BR,1BA$1.26
Many Rivers West1 Bedroom1BR,1BA$1.60
Midtown Exchange ApartmentsStudio - MarketStudio ,1BA$1.51
2709 Park Ave S1BR/1.0BA1BR,1BA$1.70
Best ApartmentsStudioStudio ,1BA$1.67
Parkline FlatsstudioStudio ,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.

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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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Real 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.

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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 #122

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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

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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.

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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.

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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.

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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

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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.

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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.

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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.

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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.