Cheap Apartments for Rent in the Mill District Minneapolis, MN from $800 (21 Rentals)

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

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Stone Arch I
Rent Specials
$1,243 - $1,739
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,199 - $1,695
Required Monthly Fees
$44

Total Monthly Price
$1,243 - $1,739
Studio to 2 Bedroom Apartments Available Now

Stone Arch I

601-701 Main St SEMinneapolis, MN 55414
Corporate Housing
  • Verified
  • Customer Reviewed
  • Low Income
property at 650 Portland Ave

650 Portland Ave

MinneapolisMN55415

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Moment
Rent Specials
$1,524 - $4,957
Total Monthly Price

Total Monthly Price

Base Rent
$1,474 - $4,907
Required Monthly Fees
$50

Total Monthly Price
$1,524 - $4,957
Studio to 2 Bedroom Apartments Available Now

Moment

650 Portland Ave SMinneapolis, MN 55415
Work From Home
  • Verified
  • Customer Reviewed
  • Smoke Free

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Ironclad Residential
Rent Specials
$1,695 - $4,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $4,200
Required Monthly Fees
$100

Total Monthly Price
$1,695 - $4,300
1 to 2 Bedroom Apartments Available Now

Ironclad Residential

811 Washington Ave SMinneapolis, MN 55415
Family Friendly
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour
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O2
Rent Specials
$1,701 - $7,042
Plus Fees
1 to 2 Bedroom Apartments Available Now

O2

250 Portland AveMinneapolis, MN 55401
Family Friendly
  • Verified
  • Matterport 3D Tour
  • Smoke Free
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Ox-Op Apartments
Studio to 2 Bedroom Apartments

Ox-Op Apartments

1111 S Washington AveMinneapolis, MN 55415
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7west
Studio to 2 Bedroom Apartments

7west

1800 Washington Ave SMinneapolis, MN 55454
property at 1920 S 1st St

1920 S 1st St

MinneapolisMN55454
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Redmond Apartments
3 to 4 Bedroom Apartments

Redmond Apartments

217 8th Ave SEMinneapolis, MN 55414
Student Housing
  • 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.

Mill District, Minneapolis, MN Local Guide

Cheapest Available Mill District Apartments for Rent

 

The cheapest available apartment rental in the Mill District area of Minneapolis, MN is a 1 Bed unit found at Rivergate Apartments priced from $1,072. Ox-Op Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,243. Here are the most affordable Mill District apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Rivergate ApartmentsTamarack1BR,1BA$1,072
Ox-Op ApartmentsRStudio,1BA$1,243
Stone Arch IStudio (A1)Studio,1BA$1,269
7westStudio AB and AFStudio,1BA$1,275
St Anthony Mills Apartments1 Bedroom1BR,1BA$1,280

Best Value Apartments for Rent in Mill District, MN

As of November 29, 2025 the best value apartment in the Mill District area is the $2.69 price per square foot $2.52/sq.ft. - Two Bedroom B-11 Model at 240 Park Avenue in the in the Greater Central neighborhood starting from $4,795. The second greatest value Mill District apartment is the Q Model at Ironclad Residential starting at $4,100 with a $3.00 price per square foot in the Greater Central neighborhood. Here is today’s list of the best values for Mill District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
240 Park Avenue$2.52/sq.ft. - Two Bedroom B-112BR,2BA$2.69
Ironclad ResidentialQ2BR,2BA$3.00
The VicinityBasil1BR,1BA$2.60
St Anthony Mills Apartments1 Bedroom1BR,1BA$1.76
Stone Arch I1 Bedroom (B1-c)1BR,1BA$2.20
Ladder 2601 Bedroom-B31BR,1BA$2.05
Mill & MainPracnaStudio ,1BA$3.04
Rivergate ApartmentsCloquetStudio ,1BA$2.14
East EndMonetStudio ,1BA$2.98
Ox-Op ApartmentsRStudio ,1BA$3.02

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

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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
Mill District, Minneapolis, MN

Ranked #122

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 Mill District Neighborhood in Minneapolis, MN

Walk Score®

89 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

93 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

81 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Mill District Apartments

What is a cheap apartment in Mill District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mill District is under $1,537.

What is the price of a cheap apartment in Mill District?

The cheapest apartment in Mill District is Rivergate Apartments which is listed at $1,072, while the average apartment in Mill District costs $4,825.

What types of apartments are the cheapest in Mill District?

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 Mill District 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 Mill District?

Cheap apartments in Mill District have an average cost of $152 which is $4,673 cheaper than the average rent for all rentals in Mill District.

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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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.