Cheap Homes for Rent in Powderhorn Neighborhood of Minneapolis, MN from $1,000 (3 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 2608 2nd Ave S

2608 2nd Ave S

MinneapolisMN55408

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.

Powderhorn, Minneapolis, MN Local Guide

Best Value Apartments for Rent in Powderhorn, MN

As of June 17, 2025 the best value apartment in the Powderhorn area is the $1.25 price per square foot 4055 2nd Ave S Model at 4055 2nd Ave S, Unit 2nd floor in the in the Powderhorn neighborhood starting from $2,000. The second greatest value Powderhorn apartment is the Two Bedroom, Two Bath Model at Minneapolis Grand Apartments starting at $1,795 with a $1.62 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.
4055 2nd Ave S, Unit 2nd floor4055 2nd Ave S2BR,1BA$1.25
Minneapolis Grand ApartmentsTwo Bedroom, Two Bath2BR,2BA$1.62
Midtown Exchange Apartments1 Bedroom1BR,1BA$1.13
3105 16th Ave S, Unit Three3105 16th Ave S2BR,1BA$1.26
3100 Elliot Ave, Unit 43100 Elliot Ave2BR,1BA$1.25
3312 Blaisdell Apartments1 Bed 1 Bath1BR,1BA$1.49
3416 Portland Ave S, Unit #13416 Portland Ave S1BR,1BA$1.43
Park Pointe - Powderhorn Neighborhood1BR/1.0BA1BR,1BA$1.62
3419 Nicollet Avenue3419 Nicollet Ave - StudioStudio ,1BA$2.03
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio ,1BA$1.96

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Frequently Asked Questions about Powderhorn

What type of rentals are currently available in Powderhorn?

There are currently 341 Apartments for Rent in Powderhorn, MN with pricing that ranges from $760 to $3,796. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Powderhorn ranging from $1,095 to $2,450.

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 $1,095 to $2,450 with an average monthly rent of $1,879.

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 $1,675 to $3,796, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $2,285. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $2,999.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.