Cheap Apartments for Rent in the Mill District Minneapolis, MN from $800 (22 Rentals)

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

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.

property at 650 Portland Ave

650 Portland Ave

MinneapolisMN55415
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Moment
Rent Specials
$1,380 - $5,105
Total Monthly Price

Total Monthly Price

Base Rent
$1,330 - $5,055
Required Monthly Fees
$50

Total Monthly Price
$1,380 - $5,105
Studio to 2 Bedroom Apartments Available Now

Moment

650 Portland Ave SMinneapolis, MN 55415
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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.

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O2
Rent Specials
$1,747 - $7,168
Plus Fees
1 to 2 Bedroom Apartments Available Now

O2

250 Portland AveMinneapolis, MN 55401
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property at 250 Park Ave

250 Park Ave

MinneapolisMN55415
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Ironclad Residential
$1,800 - $4,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,700 - $4,200
Required Monthly Fees
$100

Total Monthly Price
$1,800 - $4,300
1 to 2 Bedroom Apartments Available Now

Ironclad Residential

811 Washington Ave SMinneapolis, MN 55415
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Ox-Op Apartments
Studio to 2 Bedroom Apartments

Ox-Op Apartments

1111 S Washington AveMinneapolis, MN 55415

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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7west
Studio to 2 Bedroom Apartments

7west

1800 Washington Ave SMinneapolis, MN 55454

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 $1,042. Ox-Op Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,201. Here are the most affordable Mill District apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Rivergate ApartmentsVermillion1BR,1BA$1,042
Ox-Op ApartmentsCStudio,1BA$1,201
Stone Arch IStudio (A1)Studio,1BA$1,225
St Anthony Mills Apartments1 Bedroom1BR,1BA$1,280
East EndMonetStudio,1BA$1,306

Best Value Apartments for Rent in Mill District, MN

As of October 14, 2025 the best value apartment in the Mill District area is the $2.97 price per square foot Emprise Model at Moment in the in the Greater Central neighborhood starting from $5,013. The second greatest value Mill District apartment is the 4 + Bedroom Model at Redmond Apartments starting at $2,500 with a $1.56 price per square foot in the University Of Minnesota 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.
MomentEmprise2BR,2BA$2.97
Redmond Apartments4 + Bedroom4BR,2BA$1.56
Ironclad ResidentialQ2BR,2BA$3.00
240 Park Avenue$1.84/sq.ft. - One Bedroom A-11BR,1BA$2.83
St Anthony Mills Apartments1 Bedroom1BR,1BA$1.76
Stone Arch I1 Bedroom (A)1BR,1BA$2.16
The VicinityDill1BR,1BA$3.00
Mill District City Club ApartmentsSStudio ,1BA$2.67
Rivergate ApartmentsMarkeeStudio ,1BA$2.53
East EndMonetStudio ,1BA$2.97

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Mill District, Minneapolis, MN

Ranked #110

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 $1,495.

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

The cheapest apartment in Mill District is Rivergate Apartments which is listed at $1,042, while the average apartment in Mill District costs $5,254.

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 $120 which is $5,134 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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.