Cheap Apartments for Rent in the Mill District Minneapolis, MN from $800 (25 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
$1,303 - $1,699
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,299 - $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.

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4th and Park
Rent Specials
$1,383 - $5,998
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $5,990
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
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The Grand Mill District
Rent Specials
$1,433 - $4,338
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $4,330
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Grand Mill District

313 Washington Ave SMinneapolis, MN 55415
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 650 Portland Ave

$1,460 - $4,642

Total Monthly Price

Total Monthly Price

Base Rent
$1,460

Total Monthly Price
$1,460

Studio To 2 Bedroom Rentals

Available Now

650 Portland Ave

MinneapolisMN55415

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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7west
Rent Specials
$1,673 - $3,638
Total Monthly Price

Total Monthly Price

Base Rent
$1,665 - $3,630
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
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Ironclad Residential
Rent Specials
$1,695 - $4,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $4,250
Required Monthly Fees
$100

Total Monthly Price
$1,695 - $4,350
1 to 2 Bedroom Apartments Available Jun 1

Ironclad Residential

811 Washington Ave SMinneapolis, MN 55415
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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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 Jul 6

401 S 1st St

MinneapolisMN55401
property at 250 Park Ave

$2,350

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

1 Bedroom, 1 Bath Condo for Rent

Available Now

250 Park Ave, Unit 215

250 Park Ave
MinneapolisMN55415
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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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Redmond Apartments
3 to 4 Bedroom Apartments

Redmond Apartments

217 8th Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included

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

$1,895

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

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 Seven Corners priced from $915. St Anthony Mills Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,020. Here are the most affordable Mill District apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Seven Corners1 Bedroom1BR,1BA$915
St Anthony Mills ApartmentsStudioStudio,1BA$1,020
Rivergate ApartmentsGull1BR,1BA$1,150
Ladder 2600 Bedroom-A2Studio,1BA$1,248
East EndMonetStudio,1BA$1,333

Best Value Apartments for Rent in Mill District, MN

As of May 30, 2026 the best value apartment in the Mill District area is the $2.80 price per square foot Cue Model at Encore in the in the Greater Central neighborhood starting from $3,677. The second greatest value Mill District apartment is the A (Penthouse) Model at Ox-Op Apartments starting at $3,375 with a $2.80 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.
EncoreCue2BR,1.75BA$2.80
Ox-Op ApartmentsA (Penthouse)2BR,2BA$2.80
The VicinityBasil1BR,1BA$2.85
7west1 Bedroom DU1BR,1BA$2.47
The Grand Mill DistrictNokomis1BR,1BA$2.56
Stone Arch I1 Bedroom (A)1BR,1BA$2.28
St Anthony Mills ApartmentsStudioStudio ,1BA$1.64
Seven Corners1 Bedroom1BR,1BA$1.66
Ladder 2600 Bedroom-A2Studio ,1BA$2.29
Rivergate ApartmentsMarkeeStudio ,1BA$2.68

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

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

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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.

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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 #128

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $1,908.

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

The cheapest apartment in Mill District is Seven Corners which is listed at $915, while the average apartment in Mill District costs $5,795.

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 12 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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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