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$9501 Bedroom Apartments Available Now
2416 17th Ave S, Unit 3
2416 17th Ave SMinneapolis, MN 55404
Cheap Homes for Rent in Phillips Neighborhood of Minneapolis, MN from $1,600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Phillips area of Minneapolis.
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$1,4503 Bedroom Apartments Available May 25
2530 17th Ave S, Unit 2
2530 17th Ave SMinneapolis, MN 55404
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.
2617 2nd Ave S
MinneapolisMN55408
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$1,7852 Bedroom Apartments Available Jul 1
2643 12th Ave S, Unit 1
2643 12th Ave SMinneapolis, MN 55407
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.
2227 5th Ave S, Unit 101, Unit 101
2227 5th Ave S
MinneapolisMN55404
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Phillips, Minneapolis, MN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Phillips?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phillips 2 Bedroom Homes for Rent | $1,750 | $1,650 | $1,850 |
| Phillips 3 Bedroom Homes for Rent | $2,074 | $1,799 | $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 5 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. 2709 Park Ave S has the second lowest priced unit, which is a Studio apartment currently listed from $805. 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 |
| 2709 Park Ave S | 0BR/1.0BA | Studio,1BA | $805 |
| Bridgewater Crossings | BWC Studio Large | Studio,1BA | $850 |
Best Value Apartments for Rent in Phillips, MN
As of May 07, 2026 the best value apartment in the Phillips area is the $1.72 price per square foot 2108 16th Ave S Model at 2108 16th Ave S, Unit 1 in the in the University Of Minnesota neighborhood starting from $1,750. The second greatest value Phillips apartment is the Studio - Market Model at Midtown Exchange Apartments starting at $932 with a $1.37 price per square foot in the Powderhorn 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. |
|---|---|---|---|
| 2108 16th Ave S, Unit 1 | 2108 16th Ave S | 3BR,1BA | $1.72 |
| Midtown Exchange Apartments | Studio - Market | Studio ,1BA | $1.37 |
| Fair Oaks Apartment Homes | 1br1bt 625sq | 1BR,1BA | $1.98 |
| 2428 4th Ave | 1 Bedroom 1 Bath - 2428 4th Ave | 1BR,1BA | $1.83 |
| Minneapolis Grand Apartments | Studio | Studio ,1BA | $1.96 |
| Parkline Flats | studio | Studio ,1BA | $1.72 |
| 2424 4th Ave | 1 Bedroom 1 Bath - 2424 4th Ave | 1BR,1BA | $2.30 |
| 2101 3rd Ave | 1 Bedroom 1 Bath - 2101 3rd Ave | 1BR,1BA | $2.05 |
| Bridgewater Crossings | BWC-2104 Middle Apartments | 1BR,1BA | $2.14 |
| 2709 Park Ave S | 0BR/1.0BA | Studio ,1BA | $2.01 |
Frequently Asked Questions about Phillips
What type of rentals are currently available in Phillips?
There are currently 198 Apartments for Rent in Phillips, MN with pricing that ranges from $850 to $3,100. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phillips ranging from $1,650 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 $1,650 to $2,350 with an average monthly rent of $1,912.
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.
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