
Cheap Homes for Rent in Minnehaha Neighborhood of Minneapolis, MN from $800 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Minnehaha area of Minneapolis.

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.

4527 Minnehaha Ave
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.
Minnehaha, Minneapolis, MN Local Guide

How much does it cost to rent a home in Minnehaha?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minnehaha 2 Bedroom Homes for Rent | $1,612 | $1,375 | $1,850 |
| Minnehaha 3 Bedroom Homes for Rent | $2,250 | $2,200 | $2,300 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Minnehaha Neighborhood of Minneapolis, MN.
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Best Value Apartments for Rent in Minnehaha, MN
As of June 29, 2026 the best value apartment in the Minnehaha area is the $2.32 price per square foot B1.1 Model at Lowa46 in the in the Northrup neighborhood starting from $1,677. The second greatest value Minnehaha apartment is the SB Model at Hiawatha Flats starting at $1,465 with a $2.03 price per square foot in the Northrup neighborhood. Here is today’s list of the best values for Minnehaha apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lowa46 | B1.1 | 1BR,1BA | $2.32 |
| Hiawatha Flats | SB | Studio ,1BA | $2.03 |
| Parkway West Apartments | C | 1BR,1BA | $2.11 |
| 740 River Drive | 0A | Studio ,1BA | $2.11 |
| Harken | The Aria | 1BR, | $1.81 |
| Garden Apartments | 1Bed/Bath | 1BR,1BA | $1.71 |
| Minnehaha Manor Apartments | 1-Bedroom | 1BR,1BA | $2.25 |
| The Shale | Feldspare A1 | 1BR,1BA | $2.60 |
| Beck46 | A3 | 1BR,1BA | $2.74 |
| Wakpada Apartments | khéya | Studio ,1BA | $2.87 |
Frequently Asked Questions about Minnehaha
What type of rentals are currently available in Minnehaha?
There are currently 96 Apartments for Rent in Minnehaha, MN with pricing that ranges from $850 to $5,016. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minnehaha ranging from $895 to $2,300.
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 $895 to $2,300 with an average monthly rent of $1,533.
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

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.

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.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders 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

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.

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.

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.

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.