
Cheap Apartments for Rent in the Northeast Park Neighborhood of Minneapolis, MN from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Northeast Park area of Minneapolis.


The Endurance

Marko Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1040 Como Ave SE

Quarry Place

Hencen

Spectrum Apartments & Townhomes

Huxley Apartments

801 SE 9th St

The Station at Malcolm Yards

1709 Buchanan St NE, Unit 1709 Buchanan St. NE., Mi
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

MPA / Marcy Park Apartments

The Laker

4th and Park

1822 Pierce St NE, Unit Upper
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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The Fern 55+ Apartments
Northeast Park, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Northeast Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Northeast Park Studio Apartments | $1,371 | $1,100 | $2,815 |
Northeast Park 1 Bedroom Apartments | $1,881 | $935 | $3,575 |
Northeast Park 2 Bedroom Apartments | $2,682 | $570 | $7,594 |
Northeast Park 3 Bedroom Apartments | $3,015 | $730 | $9,673 |
Northeast Park 4 Bedroom Apartments | $1,604 | $640 | $2,695 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Northeast Park Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Cheapest Available Northeast Park Apartments for Rent
 The cheapest available apartment rental in the Northeast Park area of Minneapolis, MN is a 4 Beds unit found at The Quad on Delaware priced from $640. Crossroads Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Northeast Park apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Quad on Delaware | D1R - Renovated 4 Bedroom 4 Bath | 4BR,4BA | $640 |
Crossroads Apartments | 1 Bedroom | 1BR,1BA | $975 |
Marko Apartments | S6 | Studio,1BA | $1,100 |
Rym Apartments | Current | Studio,1BA | $1,100 |
1100 Como Ave SE | 1 Bedroom | 1BR,1BA | $1,150 |
The Fern 55+ Apartments | A3 50 | 1BR,1BA | $1,168 |
1040 Como Ave SE | Studio | Studio,1BA | $1,200 |
Spectrum Apartments & Townhomes | 1 Bedroom / 1 Bathroom - Valencia | 1BR,1BA | $1,275 |
Local 15 | Local15 1 Bedroom | 1BR,1BA | $1,325 |
The Station at Malcolm Yards | Huron S0.3 (Studio) | Studio,1BA | $1,377 |
Best Value Apartments for Rent in Northeast Park, MN
As of May 23, 2025 the best value apartment in the Northeast Park area is the $1.82 price per square foot 3BR/2.0BA Model at Brook Avenue Housing Cooperative in the in the University Of Minnesota neighborhood starting from $2,225. The second greatest value Northeast Park apartment is the Sibley Model at The Breton Apartments starting at $1,729 with a $1.44 price per square foot in the University Of Minnesota neighborhood. Here is today’s list of the best values for Northeast Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Brook Avenue Housing Cooperative | 3BR/2.0BA | 3BR,2BA | $1.82 |
The Breton Apartments | Sibley | 3BR,1BA | $1.44 |
920 9th Ave SE, Unit 920 | 920 9th Ave SE | 3BR,1BA | $1.58 |
The Quad on Delaware | B1R - Renovated 2 Bedroom 2 Bath | 2BR,2BA | $1.12 |
1100 Como Ave SE | 1 Bedroom | 1BR,1BA | $1.53 |
The Fern 55+ Apartments | A2 50 | 1BR,1BA | $1.64 |
Hencen | C10 | 2BR,1BA | $2.70 |
Local 15 | Local15 1 Bedroom | 1BR,1BA | $2.21 |
Spectrum Apartments & Townhomes | 1 Bedroom / 1 Bathroom - Sierra | 1BR,1BA | $2.30 |
Crossroads Apartments | 1 Bedroom | 1BR,1BA | $1.77 |
Frequently Asked Questions about Cheap Northeast Park Apartments
What is a cheap apartment in Northeast Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Northeast Park is under $1,377.
What is the price of a cheap apartment in Northeast Park?
The cheapest apartment in Northeast Park is Crossroads Apartments which is listed at $975, while the average apartment in Northeast Park costs $3,746.
What types of apartments are the cheapest in Northeast Park?
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 8 regular apartments in Northeast Park 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 Park?
Cheap apartments in Northeast Park have an average cost of $204 which is $3,542 cheaper than the average rent for all rentals in Northeast Park.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.