Cheap Homes for Rent in Powderhorn Neighborhood of Minneapolis, MN from $900 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Powderhorn area of Minneapolis.

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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.

Powderhorn, Minneapolis, MN Local Guide

Cheapest Available Powderhorn Apartments for Rent

 

The cheapest available apartment rental in the Powderhorn area of Minneapolis, MN is a Studio unit found at 3419 Nicollet Avenue priced from $700. 3415 Nicollet Avenue has the second lowest priced unit, which is a Studio apartment currently listed from $755. Here are the most affordable Powderhorn apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
3419 Nicollet Avenue3419 Nicollet Ave - StudioStudio,1BA$700
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio,1BA$755
Eat Street Flat LLCStudio/1 baStudio,1BA$900

Best Value Apartments for Rent in Powderhorn, MN

As of September 21, 2025 the best value apartment in the Powderhorn 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 $1,559. The second greatest value Powderhorn apartment is the 3127 18th Ave S Model at 3127 18th Ave S, Unit 2 starting at $1,745 with a $1.49 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Midtown Exchange Apartments2 Bedroom - Market2BR,1BA$1.16
3127 18th Ave S, Unit 23127 18th Ave S2BR,1BA$1.49
3105 16th Ave S, Unit Three3105 16th Ave S2BR,1BA$1.26
3555 Bloomington Ave, Unit 43555 Bloomington Ave1BR,1BA$1.50
Dakar on Lake2BR/2.0BA2BR,2BA$1.97
4137 4th Ave S, Unit A4137 4th Ave S1BR,1BA$1.72
Parkview Pointe1 Bedroom1BR,1BA$1.65
3816 Nicollet ApartmentsOne Bedroom1BR,1BA$1.68
3419 Nicollet Avenue3419 Nicollet Ave - StudioStudio ,1BA$1.87
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio ,1BA$2.07

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Pet Friendly Lifestyle
Powderhorn, Minneapolis, MN

Ranked #159

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Powderhorn

What type of rentals are currently available in Powderhorn?

There are currently 339 Apartments for Rent in Powderhorn, MN with pricing that ranges from $700 to $2,695. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Powderhorn ranging from $975 to $3,400.

What is the current price range for Rental Homes in Powderhorn?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Powderhorn ranges from $975 to $3,400 with an average monthly rent of $1,985.

How much are larger Three and Four Bedroom Rentals in Powderhorn?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Powderhorn range from $1,525 to $2,695, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $1,900. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,300.

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.