
Cheap Apartments for Rent in the Powderhorn Neighborhood of Minneapolis, MN from $400 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in the Powderhorn area of Minneapolis.


Greenway Apartments

Total Monthly Price
3541 13th

3705 Chicago Ave

Midwell

Total Monthly Price
The Central

Akin Apartments

3245 3rd Ave S

3718 Oakland Ave S

2810 Park Ave
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.

Total Monthly Price
3530 18th Ave S

Dakar on Lake

Rosa

Total Monthly Price
Southsider

2925 2nd Ave S, Unit 4

3300 1st Ave S, Unit #1

2925 2nd Ave S, Unit 3

109 26th St

Total Monthly Price
3343 16th Ave S, Unit 3

Total Monthly Price
2601 Portland Ave, Unit Carriage House
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3501 22nd Ave S

2821 1st Ave S

4000 20th Ave S

East Phillips Commons

15th Avenue Apartments

Longfellow Apartments

3415 Nicollet Avenue

3325 Nicollet Avenue

2723 Cedar Ave S

2810 Park Ave
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3537 11th Ave S

E 36th St Apartments

3533 2nd Avenue

Powderhorn Terrace Apartments

Corcoran Park Apartments

3217 14th Ave S

3816 Nicollet Apartments

2632 3rd Ave S

SoPHI Apartments

3141 22nd Ave S
Minneapolis's Best Affordable Neighborhoods
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Ternary Flats

Midtown Exchange Apartments

Powderhorn Park

3947 1st Ave S

Chicago Villas II

Eat Street Flats

Chicago Villas

Blaise Apartments

Park Avenue Apartments

Sabathani Senior Housing
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Powderhorn, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Powderhorn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Powderhorn Studio Apartments | $1,148 | $825 | $1,535 |
| Powderhorn 1 Bedroom Apartments | $1,371 | $975 | $1,849 |
| Powderhorn 2 Bedroom Apartments | $1,996 | $1,150 | $2,664 |
| Powderhorn 3 Bedroom Apartments | $2,041 | $1,600 | $2,795 |
Browse Apartments in this Neighborhood
There are currently 67 rentals with your search options within a 1 mile radius of the Powderhorn Neighborhood of Minneapolis, MN.
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Powderhorn, Minneapolis, MN Local Guide
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Cheapest Available Powderhorn Apartments for Rent
 The cheapest available apartment rental in the Powderhorn area of Minneapolis, MN is a Studio unit found at Greenway Apartments priced from $875. 3816 Nicollet Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Powderhorn apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenway Apartments | Blaisdell Studio | Studio,1BA | $875 |
| 3816 Nicollet Apartments | One Bedroom | 1BR,1BA | $925 |
| 2709 Park Ave S | 1BR/1.0BA | 1BR,1BA | $975 |
| Midtown Exchange Apartments | Studio - Market | Studio,1BA | $988 |
| Midwell | Studio 1 (Type A) - 60% AMI | Studio,1BA | $1,035 |
| Akin Apartments | Rise | Studio,1BA | $1,099 |
| Dakar on Lake | 1BR/1.0BA | 1BR,1BA | $1,199 |
| The Central | Harriet | 1BR,1BA | $1,225 |
| Good Dwelling | The Greenway | 1BR,1BA | $1,250 |
| 3923-3925 Chicago Ave | 2 Beds, 1 Baths | 2BR,1BA | $1,450 |
Best Value Apartments for Rent in Powderhorn, MN
As of July 26, 2026 the best value apartment in the Powderhorn area is the $1.63 price per square foot 3 Beds, 1 Baths Model at 3336 4th Ave S in the in the Powderhorn neighborhood starting from $1,795. The second greatest value Powderhorn apartment is the 2 Beds, 1 Baths Model at 3923-3925 Chicago Ave starting at $1,450 with a $1.32 price per square foot in the Powderhorn neighborhood. Here is today’s list of the best values for Powderhorn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3336 4th Ave S | 3 Beds, 1 Baths | 3BR,1BA | $1.63 |
| 3923-3925 Chicago Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.32 |
| 3517 1st Ave S, Unit 3517 | 3517 1st Ave S | 3BR,1BA | $1.98 |
| 2601 Portland Ave, Unit Carriage House | 2601 Portland Ave | 1BR,1BA | $2.01 |
| Midtown Exchange Apartments | Studio - Market | Studio ,1BA | $1.45 |
| Midwell | 1 BR - 1 60% AMI | 1BR,1BA | $2.03 |
| 2709 Park Ave S | 1BR/1.0BA | 1BR,1BA | $1.70 |
| 3816 Nicollet Apartments | One Bedroom | 1BR,1BA | $1.68 |
| The Central | Harriet | 1BR,1BA | $2.51 |
| Dakar on Lake | 1BR/1.0BA | 1BR,1BA | $2.49 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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.
Pet Friendly LifestylePowderhorn, Minneapolis, MN
Ranked #149
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Powderhorn Apartments
What is the Cheapest Studio apartment in Powderhorn?
Currently the most affordable Cheap Studio Apartment in Powderhorn is at Greenway Apartments listed at $875.
How much is rent for a Cheap One Bedroom Powderhorn Apartment?
The lowest price for a Cheap One Bedroom Powderhorn Apartment is $925 at 3816 Nicollet Apartments.
What is the lowest price for a Cheap Two Bedroom Powderhorn Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Powderhorn is starting from $1,450 at 3923-3925 Chicago Ave.
What is the most affordable Powderhorn Three Bedroom Apartment?
The best deal on a cheap Powderhorn Three Bedroom Apartment rental is at 3336 4th Ave S and starts from $1,795.
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.

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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.

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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.