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$1,7852 Bedroom Apartments Available Sep 1
2643 12th Ave S, Unit 1
2643 12th Ave SMinneapolis, MN 55407
Cheap Homes for Rent in the Phillips Neighborhood of Minneapolis, MN from $2,000 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Phillips area of Minneapolis.
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.
2104 E 22nd St
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2900 11th Ave S, Unit Only Unit
2900 11th Ave S
MinneapolisMN55407
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Phillips, Minneapolis, MN Local Guide
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How much does it cost to rent a home in Phillips?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phillips 2 Bedroom Homes for Rent | $2,050 | $2,050 | $2,050 |
| Phillips 3 Bedroom Homes for Rent | $2,350 | $2,350 | $2,350 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Phillips Neighborhood of Minneapolis, MN.
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Best Value Apartments for Rent in Phillips, MN
As of August 05, 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 Studio Model at Minneapolis Grand Apartments starting at $1,155 with a $1.61 price per square foot in the Phillips 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 |
| Minneapolis Grand Apartments | Studio | Studio ,1BA | $1.61 |
| 2014 3rd Ave | 2 Bedroom 1 Bath - 2014 3rd Ave | 2BR,1BA | $1.31 |
| Midtown Exchange Apartments | Studio - Market | Studio ,1BA | $1.51 |
| Southsider | B1-SS-4D | 1BR,1BA | $2.13 |
| Fair Oaks Apartment Homes | 1br1bt 625sq | 1BR,1BA | $2.08 |
| Midwell | 1 BR - 1 60% AMI | 1BR,1BA | $2.03 |
| Parkline Flats | studio | Studio ,1BA | $1.72 |
| Bridgewater Crossings | BWC-2020 1 Bedroom Open Kitchen Floor Type | 1BR,1BA | $2.10 |
| 2101 3rd Ave | 2 Bedroom 1 Bath - 2101 3rd Ave | 2BR,1BA | $2.47 |
Frequently Asked Questions about Phillips
What type of rentals are currently available in Phillips?
There are currently 199 Apartments for Rent in Phillips, MN with pricing that ranges from $800 to $2,495. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phillips ranging from $2,050 to $2,350.
What is the current price range for Rental Homes in Phillips?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Phillips ranges from $2,050 to $2,350 with an average monthly rent of $2,200.
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
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Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
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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.
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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.
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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.
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.