Cheap Apartments for Rent in the Mississippi Street Neighborhood of Minneapolis, MN from $700 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mississippi Street area of Minneapolis.

New Brighton Apartments

James Manor Apartments
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 | $1,416 | $925 | $2,081 |
Mississippi Street 1 Bedroom Apartments | $1,421 | $873 | $2,719 |
Mississippi Street 2 Bedroom Apartments | $1,641 | $988 | $2,876 |
Mississippi Street 3 Bedroom Apartments | $1,967 | $1,580 | $2,626 |
Browse Apartments in this Neighborhood
There are currently 15 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. Pike Lake Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,021. 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 |
Pike Lake Apartments | Walleye | 1BR,1BA | $1,021 |
Northeast Villas | Altura | 1BR,1BA | $1,100 |
Lakeview Apartments | 1 bed/1 bath Parking | 1BR,1BA | $1,100 |
Northtown Village Apartments | 1 Bedroom | 1BR,1BA | $1,110 |
Best Value Apartments for Rent in Mississippi Street, MN
As of July 13, 2025 the best value apartment in the Mississippi Street area is the $1.58 price per square foot 3BD Townhome - Updated Kitchen & Floors Model at Rice Creek Townhouses in the in the Highview neighborhood starting from $1,900. The second greatest value Mississippi Street apartment is the 6380 7th St NE Model at 6380 7th St NE, Unit 1 starting at $1,625 with a $1.35 price per square foot in the Long Lake 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. |
---|---|---|---|
Rice Creek Townhouses | 3BD Townhome - Updated Kitchen & Floors | 3BR,1.5BA | $1.58 |
6380 7th St NE, Unit 1 | 6380 7th St NE | 2BR,1BA | $1.35 |
Silver Lake Pointe | Marigold 60 | 2BR,1.5BA | $1.18 |
Sands Apartments | Two Bwdroom | 2BR,1.5BA | $1.52 |
55+ Community - The Landings on Ninth | 2 Beds, 2 baths | 2BR,2BA | $1.35 |
Ridgewood Apartments | 2 Bedroom Apartment | 2BR,1BA | $1.43 |
Northtown Village Apartments | 2 Bedroom | 2BR,1BA | $1.51 |
Twin Homes | 2BR With Garage | 2BR,1BA | $1.75 |
Woodlawn Terrace | One Bed One Bath | 1BR,1BA | $1.55 |
Greenfield Estates | One bedroom One Bath | 1BR,1BA | $1.71 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMississippi Street, Minneapolis, MN
Ranked #143
Among neighborhoods in Minneapolis, MN 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 a cheap apartment in Mississippi Street?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mississippi Street is under $1,225.
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 $1,797.
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 52 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 $372 which is $1,425 cheaper than the average rent for all rentals in Mississippi Street.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.