Cheap Homes for Rent in Midtown Minneapolis Neighborhood of Minneapolis, MN from $600 (3 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Midtown Minneapolis, Minneapolis, MN Local Guide

Best Value Apartments for Rent in Midtown Minneapolis, MN

As of May 12, 2025 the best value apartment in the Midtown Minneapolis area is the $1.25 price per square foot 2 Bedroom plus Den - Market Model at Midtown Exchange Apartments in the in the Powderhorn neighborhood starting from $1,604. The second greatest value Midtown Minneapolis apartment is the 3 BR Apartment Model at Wadaag Commons starting at $1,633 with a $1.37 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.
Midtown Exchange Apartments2 Bedroom plus Den - Market2BR,1BA$1.25
Wadaag Commons3 BR Apartment3BR,2BA$1.37
East Phillips Commons2 Bedroom2BR,1BA$0.39
3105 16th Ave S, Unit Three3105 16th Ave S2BR,1BA$1.26
904-9122BR/1.0BA2BR,1BA$1.26
Minnehaha Apartmentsapt2 2br2BR,1BA$1.56
The Quad on DelawareB1R - Renovated 2 Bedroom 2 Bath2BR,2BA$1.12
Dakar on Lake1BR/1.0BA1BR,1BA$1.40
Bridgewater CrossingsBWC 1 Bedroom 2111, 2101, 20191BR,1BA$1.46
2709 Park Ave S1BR/1.0BA1BR,1BA$1.57

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Frequently Asked Questions about Midtown Minneapolis

What type of rentals are currently available in Midtown Minneapolis?

There are currently 302 Apartments for Rent in Midtown Minneapolis, MN with pricing that ranges from $570 to $11,632. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Minneapolis ranging from $600 to $2,285.

What is the current price range for Rental Homes in Midtown Minneapolis?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Midtown Minneapolis ranges from $600 to $2,285 with an average monthly rent of $1,806.

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.

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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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.