Cheap Homes for Rent in Minnehaha Neighborhood of Minneapolis, MN from $1,300 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Minnehaha area of Minneapolis.

property at 4615 34th Ave S

4615 34th Ave S

MinneapolisMN55406
property at 4239 Minnehaha Ave

4239 Minnehaha Ave

MinneapolisMN55406

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property at 5012 E 54th St

5012 E 54th St

MinneapolisMN55417
property at 3613 E 42nd St

3613 E 42nd St

MinneapolisMN55406

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.

Cheapest Available Minnehaha Apartments for Rent

 

The cheapest available apartment rental in the Minnehaha area of Minneapolis, MN is a 1 Bed unit found at 34th Ave S Apartments priced from $1,047. MOD42 Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,240. Here are the most affordable Minnehaha apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
34th Ave S Apartments1Bed/Bath1BR,1BA$1,047
MOD42 Apartments1BR/1.0BA1BR,1BA$1,240
Hiawatha FlatsSAStudio,1BA$1,275

Best Value Apartments for Rent in Minnehaha, MN

As of October 23, 2025 the best value apartment in the Minnehaha area is the $1.72 price per square foot 2 Bedroom - C2 Model at Oaks Station Place in the in the Northrup neighborhood starting from $1,917. The second greatest value Minnehaha apartment is the 1F Model at 740 River Drive starting at $1,829 with a $1.97 price per square foot in the Highland neighborhood. Here is today’s list of the best values for Minnehaha apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oaks Station Place2 Bedroom - C22BR,2BA$1.72
740 River Drive1F1BR,1BA$1.97
Mount Curve Apartments2BR/1.0BA2BR,1BA$1.51
MOD42 Apartments1BR/1.0BA1BR,1BA$2.00
Lowa46A41BR,1BA$2.50
34th Ave S Apartments1Bed/Bath1BR,1BA$1.79
The ShaleGranite A31BR,1BA$2.88
Hiawatha FlatsSAStudio ,1BA$2.24
Oaks Minnehaha LongfellowStudio - S1 - 1LStudio ,1BA$2.27
Beck46A11BR,1BA$2.70

Frequently Asked Questions about Minnehaha

What type of rentals are currently available in Minnehaha?

There are currently 92 Apartments for Rent in Minnehaha, MN with pricing that ranges from $895 to $5,016. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minnehaha ranging from $1,300 to $7,500.

What is the current price range for Rental Homes in Minnehaha?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Minnehaha ranges from $1,300 to $7,500 with an average monthly rent of $2,245.

How much are larger Three and Four Bedroom Rentals in Minnehaha?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Minnehaha range from $2,240 to $3,243, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $4,995. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $5,016.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.