Cheap Apartments for Rent in the Mill District Minneapolis, MN from $700 (19 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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property at 650 Portland Ave

$1,497 - $4,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,497

Total Monthly Price
$1,497

Studio To 2 Bedroom Rentals

Available Now

650 Portland Ave

MinneapolisMN55415

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Ox-Op Apartments
Studio to 2 Bedroom Apartments

Ox-Op Apartments

1111 S Washington AveMinneapolis, MN 55415
property at 1920 S 1st St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 2 Bath Home for Rent

Available Now

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

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 Seven Corners priced from $919. Ladder 260 has the second lowest priced unit, which is a Studio apartment currently listed from $979. Here are the most affordable Mill District apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Seven Corners1 Bedroom1BR,1BA$919
Ladder 2600 Bedroom-A1Studio,1BA$979
Rivergate ApartmentsVermillion1BR,1BA$1,195
Stone Arch IStudio (A2)Studio,1BA$1,199
St Anthony Mills Apartments1 Bedroom1BR,1BA$1,280

Best Value Apartments for Rent in Mill District, MN

As of February 28, 2026 the best value apartment in the Mill District area is the $2.92 price per square foot Q Model at Ironclad Residential in the in the Greater Central neighborhood starting from $3,995. The second greatest value Mill District apartment is the $2.10/sq.ft. - Three Bedroom C-2 Model at 240 Park Avenue starting at $3,295 with a $2.58 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.
Ironclad ResidentialQ2BR,2BA$2.92
240 Park Avenue$2.10/sq.ft. - Three Bedroom C-23BR,2BA$2.58
The VicinityYellow Curry1BR,1BA$2.79
St Anthony Mills Apartments1 Bedroom1BR,1BA$1.76
Seven Corners1 Bedroom1BR,1BA$1.67
Ladder 2600 Bedroom-A2Studio ,1BA$2.29
Stone Arch IStudio (A2)Studio ,1BA$2.24
Rivergate ApartmentsManitou1BR,1BA$2.67
Ox-Op ApartmentsF1BR,1BA$2.79
MomentPreludeStudio ,1BA$2.94

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 $1,450.

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

The cheapest apartment in Mill District is Seven Corners which is listed at $919, while the average apartment in Mill District costs $6,625.

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 14 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 $140 which is $6,485 cheaper than the average rent for all rentals in Mill District.

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.

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