Cheap Apartments for Rent in the Mill District Minneapolis, MN from $700 (25 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Stone Arch I
$1,392 - $1,699
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,388 - $1,695
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Stone Arch I

601-701 Main St SEMinneapolis, MN 55414
Corporate Housing
  • Verified
  • Customer Reviewed
  • Low Income

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

close
View Me
4th and Park
Rent Specials
$1,483 - $6,758
Total Monthly Price

Total Monthly Price

Base Rent
$1,475 - $6,750
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

4th and Park

700 S 4th StMinneapolis, MN 55415
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
7west
Rent Specials
$1,603 - $3,488
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $3,480
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

7west

1800 Washington Ave SMinneapolis, MN 55454
Furnished
  • 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.

close
View Me
The Grand Mill District
Rent Specials
$1,688 - $3,988
Total Monthly Price

Total Monthly Price

Base Rent
$1,680 - $3,980
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Aug 22

The Grand Mill District

313 Washington Ave SMinneapolis, MN 55415
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Ironclad Residential
Rent Specials
$1,795 - $4,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,695 - $4,695
Required Monthly Fees
$100

Total Monthly Price
$1,795 - $4,795
1 to 2 Bedroom Apartments Available Now

Ironclad Residential

811 Washington Ave SMinneapolis, MN 55415
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 401 S 1st St

$1,895 - $1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

1 Bedroom Rentals

Available Now

401 S 1st St

MinneapolisMN55401
property at 1920 S 1st St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom, 2 Bath Home for Rent

Available Now

1920 S 1st St

MinneapolisMN55454

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

close
View Me
Ox-Op Apartments
Studio to 2 Bedroom Apartments

Ox-Op Apartments

1111 S Washington AveMinneapolis, MN 55415
close
View Me
Redmond Apartments
3 to 4 Bedroom Apartments

Redmond Apartments

217 8th Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
property at 401 S 1st St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

1 Bedroom, 1 Bath Home for Rent

Available Now

401 S 1st St

MinneapolisMN55401

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.

property at 401 S 1st St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

1 Bedroom, 1 Bath Home for Rent

Available Now

401 S 1st St

MinneapolisMN55401

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 Studio unit found at Seven Corners priced from $760. Rivergate Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,140. Here are the most affordable Mill District apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Seven CornersStudioStudio,1BA$760
Rivergate ApartmentsVermillion1BR,1BA$1,140
St Anthony Mills Apartments1 Bedroom1BR,1BA$1,280
East EndMonetStudio,1BA$1,303
Stone Arch IStudio (s1mb mkt)Studio,1BA$1,392

Best Value Apartments for Rent in Mill District, MN

As of July 15, 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 Catwalk Model at Encore starting at $3,173 with a $2.62 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
EncoreCatwalk2BR,2BA$2.62
The ElloryCCL1 - Two-Story Loft2BR,2BA$2.96
St Anthony Mills Apartments1 Bedroom1BR,1BA$1.76
Forte on the ParkA11BR,1BA$2.96
Stone Arch IStudio (s1mb mkt)Studio ,1BA$2.16
Rivergate ApartmentsCloquetStudio ,1BA$2.34
MomentPreludeStudio ,1BA$2.99
Seven CornersStudioStudio ,1BA$1.58
East EndMonetStudio ,1BA$2.96

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Mill District, Minneapolis, MN

Ranked #118

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $1,693.

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

The cheapest apartment in Mill District is Rivergate Apartments which is listed at $1,140, while the average apartment in Mill District costs $6,895.

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 11 regular apartments in Mill District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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.

decorative image for Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters article

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.

decorative image for Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers article

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.

decorative image for Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes article

Authentic Minneapolis: An Insider's 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.