
Cheap Homes for Rent in Perry Avenue Neighborhood of Minneapolis, MN from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Perry Avenue area of Minneapolis.


5910 W Broadway, Unit 10

7254 72nd Ln N
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.

7336 72nd Ln N

7617 69th Ave N

7300 72nd Ln N
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.

7005 Dutton Ave N
Perry Avenue, Minneapolis, MN Local Guide

How much does it cost to rent a home in Perry Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Perry Avenue 2 Bedroom Homes for Rent | $1,363 | $1,300 | $1,395 |
| Perry Avenue 3 Bedroom Homes for Rent | $2,438 | $1,850 | $3,006 |
| Perry Avenue 4 Bedroom Homes for Rent | $2,784 | $2,375 | $3,030 |
| Perry Avenue 5 Bedroom Homes for Rent | $3,166 | $3,166 | $3,166 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Perry Avenue Neighborhood of Minneapolis, MN.
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Perry Avenue, Minneapolis, MN Local Guide
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Cheapest Available Perry Avenue Apartments for Rent
 The cheapest available apartment rental in the Perry Avenue area of Minneapolis, MN is a 1 Bed unit found at Allianze Sr. Community priced from $500. Point of America Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $998. Here are the most affordable Perry Avenue apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Allianze Sr. Community | 1 Bedroom 1 Bath | 1BR,1BA | $500 |
| Point of America Apartments | Lincoln | 1BR,1BA | $998 |
| Lake Pointe | Superior 1st Floor | 1BR,1BA | $1,069 |
Best Value Apartments for Rent in Perry Avenue, MN
As of June 10, 2026 the best value apartment in the Perry Avenue area is the $1.10 price per square foot 2 Bedroom Model at Bass Lake Crossing in the in the Becker neighborhood starting from $1,324. The second greatest value Perry Avenue apartment is the 2SF Model at The Cavanagh starting at $1,619 with a $1.40 price per square foot in the Shingle Creek neighborhood. Here is today’s list of the best values for Perry Avenue apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bass Lake Crossing | 2 Bedroom | 2BR,1BA | $1.10 |
| The Cavanagh | 2SF | 2BR,2BA | $1.40 |
| Villa Del Coronado Apartments | 2 Bedroom | 2BR,1BA | $1.45 |
| Lake Pointe | Twin Lake | 2BR,1BA | $1.55 |
| Ridgebrook Apartments | 1x1 Brook Full-Call For Availability | 1BR,1BA | $1.48 |
| Point of America Apartments | Reagan | 2BR,1BA | $1.58 |
| Moonraker Apartments | Doria (A1) | 1BR,1BA | $1.46 |
| Windsor Gates | Golden | 1BR,1BA | $1.52 |
| Garden Gates | 1 Bedroom with Balcony | 1BR,1BA | $1.57 |
| Allianze Sr. Community | 1 Bedroom 1 Bath | 1BR,1BA | $1.25 |
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.
Best Local Schools in Perry Avenue, Minneapolis, MN
Park Center IB World School
School data provided by Great Schools
Frequently Asked Questions about Perry Avenue
What type of rentals are currently available in Perry Avenue?
There are currently 100 Apartments for Rent in Perry Avenue, MN with pricing that ranges from $500 to $2,700. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Perry Avenue ranging from $1,250 to $3,166.
What is the current price range for Rental Homes in Perry Avenue?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Perry Avenue ranges from $1,250 to $3,166 with an average monthly rent of $2,202.
How much are larger Three and Four Bedroom Rentals in Perry Avenue?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Perry Avenue range from $1,671 to $1,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,006. Four Bedroom Single-Family rentals are also available starting from $2,375 and Four Bedroom Apartments start at $2,700.
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.