Cheap Apartments for Rent in the Midtown Minneapolis Neighborhood of Minneapolis, MN from $400 (33 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
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 2810 Park Ave

2810 Park Ave

MinneapolisMN55407
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Cedars 94
Rent Specials
$964 - $1,826
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$959 - $1,821
Required Monthly Fees
$5

Total Monthly Price
$964 - $1,826
Studio to 2 Bedroom Apartments Available Now

Cedars 94

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

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
  • Utilities Included
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2810 Park Ave
Studio Apartments

2810 Park Ave

2810 Park Ave SMinneapolis, MN 55407
Student Housing

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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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
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Appleton Villa
Studio to 1 Bedroom Apartments

Appleton Villa

615 E 16th StMinneapolis, 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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The Midwell
Studio to 3 Bedroom Apartments

The Midwell

2835 11th Ave SMinneapolis, MN 55407
  • 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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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

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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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
Best ApartmentsStudioStudio,1BA$835
Bridgewater CrossingsBWC Studio LargeStudio,1BA$850
912 22nd Ave1 Bedroom 1 Bath - 912 22nd Ave1BR,1BA$900
Cedars 94CentralStudio,1BA$964
B-SideStudio AltStudio,1BA$1,002
2428 4th Ave1 Bedroom 1 Bath - 2428 4th Ave1BR,1BA$1,025
2424 4th Ave1 Bedroom 1 Bath - 2424 4th Ave1BR,1BA$1,025
Powderhorn Park Apartments1BR/1.0BA1BR,1BA$1,050

Best Value Apartments for Rent in Midtown Minneapolis, MN

As of December 11, 2025 the best value apartment in the Midtown Minneapolis area is the $1.46 price per square foot 4BR/1.0BA Model at 1804 16th Ave S in the in the Greater Central neighborhood starting from $1,749. The second greatest value Midtown Minneapolis apartment is the 3127 18th Ave S Model at 3127 18th Ave S, Unit 2 starting at $1,745 with a $1.49 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.
1804 16th Ave S4BR/1.0BA4BR,1BA$1.46
3127 18th Ave S, Unit 23127 18th Ave S2BR,1BA$1.49
Rose2 Bedroom, Market Rate2BR,1BA$1.72
The Jourdain2 Bedroom Market2BR,1BA$1.60
904-9122BR/1.0BA2BR,1BA$1.26
3105 16th Ave S, Unit Unit Three3105 16th Ave S2BR,1BA$1.26
Minnehaha 94The Minnehaha2BR,1.5BA$1.57
912 22nd Ave1 Bedroom 1 Bath - 912 22nd Ave1BR,1BA$1.45
Powderhorn Park Apartments1BR/1.0BA1BR,1BA$1.75
Best ApartmentsStudioStudio ,1BA$1.67

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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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 #149

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

Pet Friendliness Lifestyle Score

3.0
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 $1,050.

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 $1,788.

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 27 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 $389 which is $1,399 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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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

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.