
Cheap Apartments for Rent in the Mississippi Street Neighborhood of Minneapolis, MN from $725 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mississippi Street area of Minneapolis.


5347 4th St NE, Unit 5347 4th Street NE 1

Oak Hills Apartments

New Brighton Apartments

James Manor Apartments

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820 Flats

Total Monthly Price
Pike Lake Apartments

Total Monthly Price
Northeast Villas

Moore Lake Apartments

Northtown Village Apartments
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

Greenfield Estates

Woodlawn Terrace

Silver Oaks Court

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M Street Flats

Total Monthly Price
H2 Flats

Total Monthly Price
Northview Commons Apartments

Landmark Estates

Total Monthly Price
Sands Apartments

Total Monthly Price
Callisto Commons

The Cielo Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Axle Apartments

6771 Plaza Curve NE

Gray Stone Flats

55+ Community - The Landings on Ninth

Town Properties

Total Monthly Price
Oaks Landing 55+ Apartments

Ridgewood Apartments

7660 Edgewood Dr

1601 N Innsbruck Dr

Twin Homes
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

Highland Park Apartments

990 Lynde Dr NE

Hyde Park

2500 County Road I

Silver Lake Pointe 55+

804 6th Ave NW

7664 Woodlawn Dr

Elgin Pines

Villas of Mounds View - Age 55+

Garden View Apartments
Mississippi Street - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

South Fridley Apartments

MV Apartments

Unity View Apartments

Brighton Pond Apartments

Lucia Lane

Unity View Apartments

L7 Flats

Lakeview Apartments

Fountain Terrace

Village Green
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Mississippi Street, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Mississippi Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mississippi Street Studio Apartments | $1,349 | $995 | $1,889 |
| Mississippi Street 1 Bedroom Apartments | $1,358 | $873 | $1,858 |
| Mississippi Street 2 Bedroom Apartments | $1,721 | $988 | $2,673 |
| Mississippi Street 3 Bedroom Apartments | $1,832 | $1,375 | $2,640 |
| Mississippi Street 4 Bedroom Apartments | $3,500 | $3,500 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 55 rentals with your search options within a 2 mile radius of the Mississippi Street Neighborhood of Minneapolis, MN.
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Mississippi Street, Minneapolis, MN Local Guide
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Cheapest Available Mississippi Street Apartments for Rent
 The cheapest available apartment rental in the Mississippi Street area of Minneapolis, MN is a 1 Bed unit found at Oak Hills Apartments priced from $873. New Brighton Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Mississippi Street apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Hills Apartments | One Bedroom/ One Bathroom | 1BR,1BA | $873 |
| New Brighton Apartments | Studio | Studio,1BA | $995 |
| James Manor Apartments | 1BR/1BA | 1BR,1BA | $1,000 |
| 804 6th Ave NW | 1 Bedroom | 1BR,1BA | $1,059 |
| Northeast Villas | Altura | 1BR,1BA | $1,069 |
| Brighton Pond Apartments | Willowside | 1BR,1BA | $1,140 |
| Greenfield Estates | One bedroom One Bath | 1BR,1BA | $1,200 |
| Woodlawn Terrace | One Bed One Bath | 1BR,1BA | $1,200 |
| L7 Flats | 2 Bedroom | 2BR,1BA | $1,226 |
| Northview Commons Apartments | 1x1 Standard- Call For Availability | 1BR,1BA | $1,255 |
Best Value Apartments for Rent in Mississippi Street, MN
As of August 25, 2026 the best value apartment in the Mississippi Street area is the $1.68 price per square foot 2 Bedroom 2 Bathroom D Model at The Cielo Apartments in the in the Fridley neighborhood starting from $1,839. The second greatest value Mississippi Street apartment is the 3BR/1.0BA Model at Town Properties starting at $1,375 with a $1.31 price per square foot in the Rice Creek neighborhood. Here is today’s list of the best values for Mississippi Street apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Cielo Apartments | 2 Bedroom 2 Bathroom D | 2BR,2BA | $1.68 |
| Town Properties | 3BR/1.0BA | 3BR,1BA | $1.31 |
| 55+ Community - The Landings on Ninth | 2 Beds, 2 baths | 2BR,2BA | $1.35 |
| Ridgewood Apartments | 2 Bedroom Apartment | 2BR,1BA | $1.60 |
| Sands Apartments | One bedroom | 1BR,1BA | $1.55 |
| L7 Flats | 2 Bedroom | 2BR,1BA | $1.67 |
| Woodlawn Terrace | One Bed One Bath | 1BR,1BA | $1.66 |
| Brighton Pond Apartments | Willowside | 1BR,1BA | $1.62 |
| 804 6th Ave NW | 1 Bedroom | 1BR,1BA | $1.62 |
| James Manor Apartments | 1BR/1BA | 1BR,1BA | $1.54 |
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 ArticleEnjoy 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 ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleMississippi Street, Minneapolis, MN
Ranked #160
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Mississippi Street, Minneapolis, MN
School data provided by Great Schools
Frequently Asked Questions about Cheap Mississippi Street Apartments
What is the price of a cheap apartment in Mississippi Street?
The cheapest apartment in Mississippi Street is Oak Hills Apartments which is listed at $873, while the average apartment in Mississippi Street costs $1,490.
What types of apartments are the cheapest in Mississippi Street?
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 7 regular apartments in Mississippi Street 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 Mississippi Street?
Cheap apartments in Mississippi Street have an average cost of $217 which is $1,273 cheaper than the average rent for all rentals in Mississippi Street.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.