
Cheap Apartments for Rent in the Northeast Minneapolis Neighborhood of Minneapolis, MN from $300 (163 Rentals)
Search the lowest-cost Apartments available for rent right now in the Northeast Minneapolis area of Minneapolis.


St. Anthony Village

Monroe Village Senior Apartments

Total Monthly Price
The Redwell

Stonehouse Square Apartments

Total Monthly Price
Timber & Tie

The Marshall

Gateway Northeast

718 24th Ave NE

Total Monthly Price
Quarry Place
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.

Local 15

962 29th Ave NE

Jax Apartments

Total Monthly Price
Rym Apartments

Total Monthly Price
Huck Apartments

The Endurance

Duffey Lofts

Total Monthly Price
Huxley Apartments

Total Monthly Price
Viridium Apartments

Total Monthly Price
NoLo Living
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.

Total Monthly Price
The Hall Lofts

1000 Main

Total Monthly Price
Spectrum Apartments & Townhomes

Total Monthly Price
The Laker

Serene Apartments

Total Monthly Price
Sawyer Apartments

Total Monthly Price
719 University Ave NE, Unit 719-1

Total Monthly Price
2802 Lincoln St NE, Unit Lincoln

Total Monthly Price
Third North Apartments

Total Monthly Price
The Julia
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.

Total Monthly Price
Hencen

Total Monthly Price
Red 20 Apartments

New Boston Square

3725 Stinson

Total Monthly Price
Frances

Total Monthly Price
1301 Talmage Ave SE, Unit 1301

Total Monthly Price
The Paxon

Total Monthly Price
Tyler Street Stacks

Total Monthly Price
Canvas Apartments

2318 Jefferson St NE
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.

1432 Grand St NE

Total Monthly Price
N&E

The Bottineau on the River

1028 28th Ave NE

2550 Jefferson St NE, Unit 1

920 22nd Ave NE

Total Monthly Price
1709 Como Ave SE, Unit #1

Total Monthly Price
The Grain Belt

1923 University Ave NE

Rafter
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Northeast Minneapolis, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Northeast Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Northeast Minneapolis Studio Apartments | $1,476 | $825 | $2,549 |
| Northeast Minneapolis 1 Bedroom Apartments | $1,787 | $940 | $6,779 |
| Northeast Minneapolis 2 Bedroom Apartments | $2,374 | $1,125 | $8,232 |
| Northeast Minneapolis 3 Bedroom Apartments | $2,824 | $1,600 | $10,000+ |
| Northeast Minneapolis 4 Bedroom Apartments | $2,602 | $1,900 | $3,129 |
| Northeast Minneapolis 5 Bedroom Apartments | $3,127 | $2,850 | $3,495 |
Browse Apartments in this Neighborhood
There are currently 163 rentals with your search options within a 2 mile radius of the Northeast Minneapolis Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Northeast Minneapolis, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Northeast Minneapolis Apartments for Rent
 The cheapest available apartment rental in the Northeast Minneapolis area of Minneapolis, MN is a 2 Beds unit found at Holmes Park Village priced from $723. 814-8TH has the second lowest priced unit, which is a 1 Bed apartment currently listed from $790. Here are the most affordable Northeast Minneapolis apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $790 |
| The Cameron North Loop | Studio - B | Studio,1BA | $995 |
| The Redwell | Prairie Spy | Studio,1BA | $995 |
| Stonehouse Square Apartments | 1C | 1BR,1BA | $999 |
| Highcrest Manor Apartments | One bedroom 1 Bathroom | 1BR,1BA | $1,025 |
| Timber & Tie | Washington | Studio,1BA | $1,030 |
| Central Flats | 1BR/1.0BA | 1BR,1BA | $1,050 |
| Gateway Northeast | 0C | Studio,1BA | $1,087 |
| Quarry Place | 1 Bedroom A | 1BR,1BA | $1,117 |
Best Value Apartments for Rent in Northeast Minneapolis, MN
As of June 16, 2026 the best value apartment in the Northeast Minneapolis area is the $1.58 price per square foot 2927 Marshall St NE Model at 2927 Marshall St NE, Unit A in the in the Shingle Creek neighborhood starting from $2,850. The second greatest value Northeast Minneapolis apartment is the 161 15th Ave NE Model at 161 15th Ave NE, Unit 1 starting at $2,150 with a $1.43 price per square foot in the Northeast neighborhood. Here is today’s list of the best values for Northeast Minneapolis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2927 Marshall St NE, Unit A | 2927 Marshall St NE | 3BR,2.5BA | $1.58 |
| 161 15th Ave NE, Unit 1 | 161 15th Ave NE | 3BR,1BA | $1.43 |
| 2401 3rd st NE Apt 2, Unit Unit 1 | 2401 3rd st NE Apt 2 | 2BR,1BA | $1.57 |
| 416 Lofts | Type B | 2BR,1BA | $1.15 |
| Creamette Historic Lofts | 2 Bedroom 2 Bath | 2BR,2BA | $1.48 |
| Canvas Apartments | Van Gogh | 2BR,2BA | $1.61 |
| The Marshall | 2BR/1.0BA | 2BR,1BA | $1.60 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $1.01 |
| Highcrest Manor Apartments | One bedroom 1 Bathroom | 1BR,1BA | $1.38 |
| Central Flats | 1BR/1.0BA | 1BR,1BA | $1.62 |
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 LifestyleNortheast Minneapolis, Minneapolis, MN
Ranked #46
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Northeast Minneapolis, Minneapolis, MN
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Minneapolis, MN. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, transit availability, pet-friendly communities, family-friendly amenities, and much more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Northeast Minneapolis Apartments
What is a cheap apartment in Northeast Minneapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Northeast Minneapolis is under $1,117.
What is the price of a cheap apartment in Northeast Minneapolis?
The cheapest apartment in Northeast Minneapolis is 814-8TH which is listed at $790, while the average apartment in Northeast Minneapolis costs $3,323.
What types of apartments are the cheapest in Northeast Minneapolis?
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 47 regular apartments in Northeast Minneapolis 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 Northeast Minneapolis?
Cheap apartments in Northeast Minneapolis have an average cost of $604 which is $2,719 cheaper than the average rent for all rentals in Northeast Minneapolis.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.