
Cheap Apartments for Rent in the Northeast Neighborhood of Minneapolis, MN from $300 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in the Northeast area of Minneapolis.


Total Monthly Price
Timber & Tie

Gateway Northeast

718 24th Ave NE

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Quarry Place

962 29th Ave NE

Jax Apartments

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Huxley Apartments

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The Laker

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2802 Lincoln St NE, Unit Lincoln
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.

New Boston Square

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Tyler Street Stacks

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Canvas Apartments

2318 Jefferson St NE

1432 Grand St NE

The Bottineau on the River

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N&E

1028 28th Ave NE

2550 Jefferson St NE, Unit 1

340-1 15th Ave NE
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.

920 22nd Ave NE

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The Grain Belt

1923 University Ave NE

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1811 Jackson St NE, Unit 2

1110 27th Ave NE, Unit 1110 Upper

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1822 Pierce St NE, Unit #2

1211 23rd Ave NE

1823 Quincy St NE

427 19th Ave NE, Unit 1

914-18th 1/2 18 1/2 Ave NE
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.

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2535 University Ave NE, Unit Unit2

1919 4th St NE

2407 Buchanan St NE

Bottineau Commons and Lofts

2510 Jackson St NE

Anderson Plaza

Lowry Manor

1220 Main St NE

1118 Lowry

Sixth Street NE Apartments
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.

Main Street Apartment Homes

Hook and Ladder Apartments

Central Flats

1018 19th Ave NE

915 23rd Ave NE

Central Avenue Lofts

KAH Properties - 350 Building

Royal Apartments

1621 Taylor St NE

347 24th Ave NE
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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, MN Local Guide

How much does it cost to rent an apartment in Northeast?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Northeast Studio Apartments | $1,341 | $1,030 | $1,690 |
| Northeast 1 Bedroom Apartments | $1,629 | $960 | $2,324 |
| Northeast 2 Bedroom Apartments | $2,044 | $1,322 | $6,250 |
| Northeast 3 Bedroom Apartments | $2,500 | $1,800 | $3,309 |
| Northeast 4 Bedroom Apartments | $2,822 | $2,795 | $2,850 |
Browse Apartments in this Neighborhood
There are currently 56 rentals with your search options within a 1 mile radius of the Northeast Neighborhood of Minneapolis, MN.
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Northeast, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
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Cheapest Available Northeast Apartments for Rent
 The cheapest available apartment rental in the Northeast area of Minneapolis, MN is a Studio unit found at Timber & Tie priced from $1,030. Central Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Northeast apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 |
| Central Avenue Lofts | 1 Bedroom | 1BR,1BA | $1,145 |
| KAH Properties - 350 Building | 2BR 1BA | 2BR,1BA | $1,185 |
| 1700/10 Johnson St | 2BR/1.0BA | 2BR,1BA | $1,340 |
| The Laker | Oliver | Studio,1BA | $1,352 |
| New Boston Square | Madison | 1BR,1BA | $1,415 |
| The Grain Belt | Germania | Studio,1BA | $1,515 |
Best Value Apartments for Rent in Northeast, MN
As of June 13, 2026 the best value apartment in the Northeast area is the $1.43 price per square foot 161 15th Ave NE Model at 161 15th Ave NE, Unit 1 in the in the Northeast neighborhood starting from $2,150. The second greatest value Northeast apartment is the 2401 3rd st NE Apt 2 Model at 2401 3rd st NE Apt 2, Unit 1 starting at $2,350 with a $1.57 price per square foot in the Northeast neighborhood. Here is today’s list of the best values for Northeast apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 161 15th Ave NE, Unit 1 | 161 15th Ave NE | 3BR,1BA | $1.43 |
| 2401 3rd st NE Apt 2, Unit 1 | 2401 3rd st NE Apt 2 | 2BR,1BA | $1.57 |
| Canvas Apartments | Van Gogh | 2BR,2BA | $1.61 |
| New Boston Square | Madison | 1BR,1BA | $1.91 |
| 1700/10 Johnson St | 2BR/1.0BA | 2BR,1BA | $1.79 |
| Central Flats | 1BR/1.0BA | 1BR,1BA | $1.62 |
| Central Avenue Lofts | 1 Bedroom - Market | 1BR,1BA | $2.11 |
| Quarry Place | 1 Bedroom A | 1BR,1BA | $2.09 |
| Timber & Tie | Washington | Studio ,1BA | $2.30 |
| Gateway Northeast | 0C | Studio ,1BA | $2.50 |
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, MN
Ranked #136
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Northeast, Minneapolis, MN
School data provided by Great Schools
Frequently Asked Questions about Cheap Northeast Apartments
What is a cheap apartment in Northeast?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Northeast is under $1,515.
What is the price of a cheap apartment in Northeast?
The cheapest apartment in Northeast is Central Flats which is listed at $1,050, while the average apartment in Northeast costs $2,822.
What types of apartments are the cheapest in Northeast?
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 14 regular apartments in Northeast that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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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
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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.