Cheap Apartments for Rent in the Midtown Minneapolis Neighborhood of Minneapolis, MN from $400 (58 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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Cedars 94
$959 - $1,821
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$959 - $1,821

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Cedars 94

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

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.

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The Bessemer at Seward Commons
Rent Specials
$1,164 - $2,023
Total Monthly Price

Total Monthly Price

Base Rent
$1,156 - $2,015
Required Monthly Fees
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Total Monthly Price
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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
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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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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
property at 2219 5th Ave S

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

2219 5th Ave S

MinneapolisMN55404
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Luna Apartments
$1,361 - $2,311
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,345 - $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
Transit Friendly
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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.

property at 1804 13th Ave S

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

1804 13th Ave S

MinneapolisMN55404
property at 1907 11th Ave S

$1,545

Total Monthly Price

Total Monthly Price

Base Rent
$1,545

Total Monthly Price
$1,545

2 Bedroom, 1 Bath Home for Rent

Available May 8

1907 11th Ave S

MinneapolisMN55404
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3229 22nd Ave S, Unit #1, Unit #1
$1,700
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700
2 Bedroom Apartment Available Jun 1

3229 22nd Ave S, Unit #1, Unit #1

3229 22nd Ave SMinneapolis, MN 55407
Affordability
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Dundry House
Studio to 1 Bedroom Apartments

Dundry House

1829 5th Ave SMinneapolis, MN 55404
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Wadaag Commons
1 to 4 Bedroom Apartments

Wadaag Commons

1900 E 22nd StMinneapolis, MN 55404
  • 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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2709 Park Ave S
Studio to 1 Bedroom Apartments

2709 Park Ave S

2709 Park AveMinneapolis, MN 55407
  • Utilities Included
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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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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
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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

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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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
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Powderhorn Park
1 Bedroom Apartments

Powderhorn Park

3117 15th Ave SMinneapolis, MN 55407
  • Utilities Included
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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
  • Smoke Free
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1600
1 Bedroom Apartments

1600

1600 Park AveMinneapolis, MN 55404
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2424 4th Ave
1 Bedroom Apartments

2424 4th Ave

2424 4th Ave SMinneapolis, MN 55404
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2428 4th Ave
1 to 2 Bedroom Apartments

2428 4th Ave

2428-2430 4th Ave SMinneapolis, MN 55404
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Park Avenue Apartments
Studio to 2 Bedroom Apartments

Park Avenue Apartments

2801-2809 Park Ave SMinneapolis, MN 55407
  • Utilities Included

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.

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. 2709 Park Ave S has the second lowest priced unit, which is a Studio apartment currently listed from $805. Here are the most affordable Midtown Minneapolis apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Parkline FlatsstudioStudio,1BA$799
2709 Park Ave S0BR/1.0BAStudio,1BA$805
Best ApartmentsStudioStudio,1BA$835
Bridgewater CrossingsBWC Studio LargeStudio,1BA$850
B-SideStudioStudio,1BA$899
Midtown Exchange ApartmentsStudio - MarketStudio,1BA$932
Cedars 94CentralStudio,1BA$964
2428 4th Ave1 Bedroom 1 Bath - 2428 4th Ave1BR,1BA$1,025
2424 4th Ave1 Bedroom 1 Bath - 2424 4th Ave1BR,1BA$1,025
Minneapolis Grand ApartmentsStudioStudio,1BA$1,050

Best Value Apartments for Rent in Midtown Minneapolis, MN

As of May 06, 2026 the best value apartment in the Midtown Minneapolis area is the $1.39 price per square foot 926 13th Ave S Model at 926 13th Ave S, Unit 2 in the in the Greater Central neighborhood starting from $2,950. The second greatest value Midtown Minneapolis apartment is the 2108 16th Ave S Model at 2108 16th Ave S, Unit 1 starting at $1,750 with a $1.72 price per square foot in the University Of Minnesota 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.
926 13th Ave S, Unit 2926 13th Ave S4BR,2BA$1.39
2108 16th Ave S, Unit 12108 16th Ave S3BR,1BA$1.72
Rose2 Bedroom, Market Rate2BR,1BA$1.72
904-9122BR/1.0BA2BR,1BA$1.16
Midtown Exchange ApartmentsStudio - MarketStudio ,1BA$1.37
Powderhorn Park Apartments1BR/1.0BA1BR,1BA$1.83
2428 4th Ave1 Bedroom 1 Bath - 2428 4th Ave1BR,1BA$1.83
Cedars 94CentralStudio ,1BA$1.89
Best ApartmentsStudioStudio ,1BA$1.67
Parkline FlatsstudioStudio ,1BA$1.72

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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.

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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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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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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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Quick 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.

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Pet Friendly Lifestyle
Midtown Minneapolis, Minneapolis, MN

Ranked #126

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 $1,050.

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

The cheapest apartment in Midtown Minneapolis is Bridgewater Crossings which is listed at $900, while the average apartment in Midtown Minneapolis costs $2,950.

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 44 regular apartments in Midtown Minneapolis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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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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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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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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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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.

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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.