
Cheap Apartments for Rent in the Powderhorn Park Neighborhood of Minneapolis, MN from $400 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in the Powderhorn Park area of Minneapolis.


The Central

Lago Apartments

B-Side

Sabathani Senior Housing

Dakar on Lake

Park Pointe - Powderhorn Neighborhood
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

3416 Portland Ave S, Unit #1

3100 Elliot Ave, Unit 4

2608 2nd Ave S

2611 13th Ave S

Southsider

3752 18th Ave S, Unit #1

3105 16th Ave S, Unit Three

Minneapolis Grand Apartments

Overland Apartments

HQ Apartments

Groove Lofts

The Bohen Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

3515 2nd Ave S

4th and Park

3139 3rd Ave S
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Powderhorn Park - 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!
Powderhorn Park, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Powderhorn Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Powderhorn Park Studio Apartments | $1,340 | $900 | $2,508 |
Powderhorn Park 1 Bedroom Apartments | $1,978 | $1,049 | $3,423 |
Powderhorn Park 2 Bedroom Apartments | $2,934 | $899 | $7,594 |
Powderhorn Park 3 Bedroom Apartments | $4,340 | $730 | $10,000+ |
Powderhorn Park 4 Bedroom Apartments | $1,936 | $640 | $4,530 |
Browse Apartments in this Neighborhood
There are currently 53 rentals with your search options within a 2 mile radius of the Powderhorn Park Neighborhood of Minneapolis, MN.
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Powderhorn Park, Minneapolis, MN Local Guide
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Cheapest Available Powderhorn Park Apartments for Rent
 The cheapest available apartment rental in the Powderhorn Park area of Minneapolis, MN is a 2 Beds unit found at East Phillips Commons priced from $400. The Quad on Delaware has the second lowest priced unit, which is a 4 Beds apartment currently listed from $640. Here are the most affordable Powderhorn Park apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
East Phillips Commons | 2 Bedroom | 2BR,1BA | $400 |
The Quad on Delaware | D1R - Renovated 4 Bedroom 4 Bath | 4BR,4BA | $640 |
Eat Street Flat LLC | Studio/1 ba | Studio,1BA | $900 |
B-Side | Studio | Studio,1BA | $1,003 |
Sabathani Senior Housing | Studio | Studio,1BA | $1,047 |
Dakar on Lake | 1BR/1.0BA | 1BR,1BA | $1,049 |
The Central | Page | Studio,1BA | $1,063 |
Southsider | A1-SS | Studio,1BA | $1,109 |
Best Value Apartments for Rent in Powderhorn Park, MN
As of May 24, 2025 the best value apartment in the Powderhorn Park area is the $1.16 price per square foot 2 Bedroom - Market Model at Midtown Exchange Apartments in the in the Powderhorn neighborhood starting from $1,564. The second greatest value Powderhorn Park apartment is the 2 Bedroom Model at East Phillips Commons starting at $400 with a $0.39 price per square foot in the Powderhorn neighborhood. Here is today’s list of the best values for Powderhorn Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Midtown Exchange Apartments | 2 Bedroom - Market | 2BR,1BA | $1.16 |
East Phillips Commons | 2 Bedroom | 2BR,1BA | $0.39 |
3105 16th Ave S, Unit Three | 3105 16th Ave S | 2BR,1BA | $1.26 |
3752 18th Ave S, Unit #1 | 3752 18th Ave S | 1BR,1BA | $1.37 |
The Quad on Delaware | B1R - Renovated 2 Bedroom 2 Bath | 2BR,2BA | $1.12 |
3416 Portland Ave S, Unit #1 | 3416 Portland Ave S | 1BR,1BA | $1.43 |
Dakar on Lake | 1BR/1.0BA | 1BR,1BA | $1.40 |
Minneapolis Grand Apartments | One Bedroom, One Bath | 1BR,1BA | $1.79 |
Lago Apartments | The Lyndale (Walk-Out/1 BR) | 1BR,1BA | $2.23 |
Sabathani Senior Housing | Studio | Studio ,1BA | $1.98 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestylePowderhorn Park, Minneapolis, MN
Ranked #151
Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Powderhorn Park Apartments
What is a cheap apartment in Powderhorn Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Powderhorn Park is under $1,109.
What is the price of a cheap apartment in Powderhorn Park?
The cheapest apartment in Powderhorn Park is Dakar on Lake which is listed at $1,049, while the average apartment in Powderhorn Park costs $3,175.
What types of apartments are the cheapest in Powderhorn Park?
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 17 regular apartments in Powderhorn Park 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 Powderhorn Park?
Cheap apartments in Powderhorn Park have an average cost of $366 which is $2,809 cheaper than the average rent for all rentals in Powderhorn Park.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.