
Cheap Apartments for Rent in the Mississippi Street Neighborhood of Minneapolis, MN from $700 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mississippi Street area of Minneapolis.


Oak Hills Apartments

New Brighton Apartments

James Manor Apartments

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Pike Lake Apartments

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Northeast Villas

Northtown Village Apartments

Greenfield Estates

Northview Commons Apartments

Woodlawn Terrace
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.

Silver Oaks Court Apartments

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820 Flats

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M Street Flats

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H2 Flats

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Sands Apartments

Axle Apartments

Landmark Estates

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2105 Hillview Road, Unit 1

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Callisto Commons

Ridgewood Apartments
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.

Gray Stone Flats

Moore Lake Apartments

55+ Community - The Landings on Ninth

Town Properties

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Oaks Landing 55+ Apartments

The Cielo Apartments

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The Exchange Apartments

7660 Edgewood Dr

1601 N Innsbruck Dr, Unit 302

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Rice Creek Townhouses
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.

Furnished Studio-Minneapolis - Fridley

7680 Silver Lake Rd

Highland Park Apartments

990 Lynde Dr NE

Hyde Park

2500 County Road I

Silver Lake Pointe 55+

Lakeview Apartments

804 6th Ave NW

L7 Flats
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.

7664 Woodlawn Dr

Elgin Pines

Villas of Mounds View - Age 55+

Garden View Apartments

South Fridley Apartments

MV Apartments

Unity View Apartments

Brighton Pond Apartments

Unity View Apartments

River Park Crossing
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 | $1,372 | $995 | $1,995 |
| Mississippi Street 1 Bedroom Apartments | $1,351 | $873 | $2,193 |
| Mississippi Street 2 Bedroom Apartments | $1,715 | $988 | $2,658 |
| Mississippi Street 3 Bedroom Apartments | $1,886 | $1,375 | $2,640 |
Browse Apartments in this Neighborhood
There are currently 59 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
- Nearby Minneapolis neighborhoods
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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. Silver Lake Pointe 55+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. 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 |
| Silver Lake Pointe 55+ | Rose 60 | 1BR,1BA | $950 |
| Lakeview Apartments | 1 bed/1 bath Freeway | 1BR,1BA | $999 |
| James Manor Apartments | 1BR/1BA | 1BR,1BA | $1,000 |
| L7 Flats | 1 Bedroom | 1BR,1BA | $1,061 |
| New Brighton Apartments | 1 BR | 1BR,1BA | $1,095 |
| Northeast Villas | Altura | 1BR,1BA | $1,104 |
| Greenfield Estates | One bedroom One Bath | 1BR,1BA | $1,150 |
| Northview Commons Apartments | 1x1 Standard- Call For Availability | 1BR,1BA | $1,200 |
| Woodlawn Terrace | One Bed One Bath | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Mississippi Street, MN
As of June 26, 2026 the best value apartment in the Mississippi Street area is the $1.31 price per square foot 3BR/1.0BA Model at Town Properties in the in the Rice Creek neighborhood starting from $1,375. The second greatest value Mississippi Street apartment is the 2 Bedroom Apartment Model at Ridgewood Apartments starting at $1,497 with a $1.50 price per square foot in the Miller's Crossroads 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. |
|---|---|---|---|
| Town Properties | 3BR/1.0BA | 3BR,1BA | $1.31 |
| Ridgewood Apartments | 2 Bedroom Apartment | 2BR,1BA | $1.50 |
| 55+ Community - The Landings on Ninth | 2 Beds, 2 baths | 2BR,2BA | $1.35 |
| River Park Crossing | Cannon | 2BR,1BA | $1.59 |
| Sands Apartments | One bedroom | 1BR,1BA | $1.52 |
| Silver Lake Pointe 55+ | Rose 60 | 1BR,1BA | $1.30 |
| Fountain Terrace | 2-Bedroom | 2BR,1BA | $1.67 |
| Woodlawn Terrace | One Bed One Bath | 1BR,1BA | $1.66 |
| Greenfield Estates | One bedroom One Bath | 1BR,1BA | $1.64 |
| 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 #157
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 $1,835.
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 5 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 $149 which is $1,686 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

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
Written by: Stephanie Lica
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.