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$750 - $1,050
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$750 - $1,050
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Bridgewater Crossings
2101-2020 21st Ave SMinneapolis, MN 55404
Cheap Apartments for Rent in the Phillips Neighborhood of Minneapolis, MN from $441 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the Phillips area of Minneapolis.
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$799 - $1,049
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowParkline Flats
2110 S Park AveMinneapolis, MN 55404
2810 Park Ave
MinneapolisMN55407
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$975
Plus Fees
1 Bedroom Apartments Contact Us For Availability2709 Park Ave S
2709 Park AveMinneapolis, MN 55407
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Rent Specials
$1,165 - $1,259
Plus Fees
1 Bedroom Apartments Available NowDakar on Lake
1626 E Lake StMinneapolis, MN 55407
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Rent Specials
$1,173 - $2,112
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,165 - $2,104
Required Monthly Fees
$8
Total Monthly Price
$1,173 - $2,112
The Bessemer at Seward Commons
2220 Snelling AveMinneapolis, MN 55404
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$1,175 - $1,555
Plus Fees
1 to 2 Bedroom Apartments Available NowMidwell
2835 11th Ave SMinneapolis, MN 55407
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$1,195 - $1,950
Plus Fees
Studio to 2 Bedroom Apartments Available NowMinneapolis Grand Apartments
2401 Chicago AveMinneapolis, MN 55404
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$1,225
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Sep 30Total Monthly Price
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$1,225
Total Monthly Price
$1,225
2819 11th Ave S, Unit 2819 11th Upper
2819 11th Ave SMinneapolis, MN 55407
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.
2500 17th Ave S
MinneapolisMN55404
2121 13th Ave S
MinneapolisMN55404
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$1,275 - $1,938
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,275 - $1,938
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Southsider
3029 22nd AveMinneapolis, MN 55407
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$1,299 - $1,349
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowFair Oaks Apartment Homes
2421 3rd Ave SMinneapolis, MN 55404
2925 2nd Ave S
MinneapolisMN55408
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$1,450
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1 Bedroom Apartment Available Oct 1Total Monthly Price
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$1,450
Total Monthly Price
$1,450
2303 22nd Ave S, Unit 1
2303 22nd Ave SMinneapolis, MN 55404
2205 10th Ave S
MinneapolisMN55404
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$1,7852 Bedroom Apartments Available Sep 1
2643 12th Ave S, Unit 1
2643 12th Ave SMinneapolis, MN 55407
2929 21st Ave S
MinneapolisMN55407
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
912 E 25th St
MinneapolisMN55404
2023 2nd Ave S
MinneapolisMN55404
2900 11th Ave S, Unit Only Unit
2900 11th Ave S
MinneapolisMN55407
2929 Chicago Ave
MinneapolisMN55407
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1 to 3 Bedroom Apartments
East Phillips Commons
2909 Bloomington Ave SMinneapolis, MN 55407
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1 Bedroom Apartments
15th Avenue Apartments
2701 15th Ave SMinneapolis, MN 55407
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1 to 4 Bedroom Apartments
Wadaag Commons
1900 E 22nd StMinneapolis, MN 55404
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Studio Apartments
2323 Clinton South
2323 Clinton AveMinneapolis, MN 55404
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1 Bedroom Apartments
2723 Cedar Ave S
2723 Cedar Ave SMinneapolis, MN 55407
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
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Studio Apartments
2810 Park Ave
2810 Park Ave SMinneapolis, MN 55407
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1 to 2 Bedroom Apartments
2014 3rd Ave
2014 3rd Ave SMinneapolis, MN 55404
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1 to 2 Bedroom Apartments
2101 3rd Ave
2101 3rd Ave SMinneapolis, MN 55404
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1 Bedroom Apartments
2632 3rd Ave S
2632 3rd Ave SMinneapolis, MN 55408
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1 to 2 Bedroom Apartments
Second Avenue Flats
2111 2nd Ave SMinneapolis, MN 55404
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Studio Apartments
SoPHI Apartments
811 E Lake StMinneapolis, MN 55407
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Studio to 3 Bedroom Apartments
Midtown Exchange Apartments
2929 Chicago Ave SMinneapolis, MN 55407
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Studio to 2 Bedroom Apartments
Eat Street Flats
2747 Stevens Ave SMinneapolis, MN 55408
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1 to 2 Bedroom Apartments
2428 4th Ave
2428-2430 4th Ave SMinneapolis, MN 55404
Phillips - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!
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1 Bedroom Apartments
2424 4th Ave
2424 4th Ave SMinneapolis, MN 55404
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Studio to 2 Bedroom Apartments
Park Avenue Apartments
2801-2809 Park Ave SMinneapolis, MN 55407
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1 Bedroom Apartments
Swedish House Apartments
2600-S Park AveMinneapolis, MN 55407
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1 to 2 Bedroom Apartments
Arthaus Apartments
2611 2nd Ave SMinneapolis, MN 55408
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1 to 2 Bedroom Apartments
3001 3rd Ave S
3001 3rd Ave SMinneapolis, MN 55408
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Studio to 2 Bedroom Apartments
2401 Clinton Av
2401 Clinton AveMinneapolis, MN 55404
2625 2nd Ave S
MinneapolisMN55408
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1 to 2 Bedroom Apartments
Park Apartments
2700 Park AveMinneapolis, MN 55407
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2 to 3 Bedroom Apartments
912 E 25th St
912 E 25th StMinneapolis, MN 55404
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
2428 Chicago Ave
MinneapolisMN55404
Showing Results 1-46, Page 1 of 1
Phillips, Minneapolis, MN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Phillips?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phillips Studio Apartments | $1,108 | $750 | $1,398 |
| Phillips 1 Bedroom Apartments | $1,259 | $945 | $1,655 |
| Phillips 2 Bedroom Apartments | $1,779 | $1,225 | $2,350 |
| Phillips 3 Bedroom Apartments | $1,636 | $1,250 | $1,799 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 46 rentals with your search options within a 2 mile radius of the Phillips Neighborhood of Minneapolis, MN.
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Cheapest Available Phillips Apartments for Rent
The cheapest available apartment rental in the Phillips area of Minneapolis, MN is a Studio unit found at Parkline Flats priced from $799. Bridgewater Crossings has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Phillips apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkline Flats | studio | Studio,1BA | $799 |
| Bridgewater Crossings | BWC Studio Large | Studio,1BA | $850 |
| 2101 3rd Ave | 1 Bedroom 1 Bath - 2101 3rd Ave | 1BR,1BA | $900 |
| 2014 3rd Ave | 2 Bedroom 1 Bath - 2014 3rd Ave | 2BR,1BA | $900 |
| Midtown Exchange Apartments | 1 Bedroom | 1BR,1BA | $985 |
| Dakar on Lake | 1BR/1.0BA | 1BR,1BA | $1,165 |
| The Bessemer at Seward Commons | Franklin | Studio,1BA | $1,173 |
| Midwell | 1 BR - 3 60% AMI | 1BR,1BA | $1,175 |
| Southsider | A1-SS-4D | Studio,1BA | $1,275 |
| Fair Oaks Apartment Homes | 1br1bt 625sq | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in Phillips, MN
As of August 27, 2026 the best value apartment in the Phillips area is the $1.77 price per square foot 3 Beds, 1 Baths Model at 912 E 25th St in the in the Phillips neighborhood starting from $1,795. The second greatest value Phillips apartment is the 2 Bedroom 1 Bath - 2014 3rd Ave Model at 2014 3rd Ave starting at $900 with a $1.31 price per square foot in the Whittier neighborhood. Here is today’s list of the best values for Phillips apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 912 E 25th St | 3 Beds, 1 Baths | 3BR,1BA | $1.77 |
| 2014 3rd Ave | 2 Bedroom 1 Bath - 2014 3rd Ave | 2BR,1BA | $1.31 |
| Midtown Exchange Apartments | Studio - Market | Studio ,1BA | $1.54 |
| Fair Oaks Apartment Homes | 1br1bt 625sq | 1BR,1BA | $2.08 |
| Midwell | 1 BR - 1 60% AMI | 1BR,1BA | $2.03 |
| Dakar on Lake | 1BR/1.0BA | 1BR,1BA | $2.42 |
| Parkline Flats | studio | Studio ,1BA | $1.72 |
| Bridgewater Crossings | BWC-2020 1 Bedroom Open Kitchen Floor Type | 1BR,1BA | $2.10 |
| The Bessemer at Seward Commons | Franklin | Studio ,1BA | $2.67 |
| 2101 3rd Ave | 2 Bedroom 1 Bath - 2101 3rd Ave | 2BR,1BA | $2.47 |
Frequently Asked Questions about Cheap Phillips Apartments
What is a cheap apartment in Phillips?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Phillips is under $1,299.
What is the price of a cheap apartment in Phillips?
The cheapest apartment in Phillips is 2101 3rd Ave which is listed at $900, while the average apartment in Phillips costs $1,275.
What types of apartments are the cheapest in Phillips?
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 18 regular apartments in Phillips 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 Phillips?
Cheap apartments in Phillips have an average cost of $629 which is $646 cheaper than the average rent for all rentals in Phillips.
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
Authentic Minneapolis: An Insider's 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.
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.
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.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.