
Cheap Homes for Rent in Powderhorn Neighborhood of Minneapolis, MN from $1,300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Powderhorn area of Minneapolis.


2925 2nd Ave S, Unit 4

3328 5th Ave S

3117 14th Ave S

2925 2nd Ave S, Unit 3
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.

3406 Blaisdell Ave

2625 2nd Ave S

3501 22nd Ave S

3032 3rd Ave S, Unit 1

2643 12th Ave S, Unit 1
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

How much does it cost to rent a home in Powderhorn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Powderhorn 2 Bedroom Homes for Rent | $1,740 | $1,395 | $1,995 |
| Powderhorn 3 Bedroom Homes for Rent | $1,960 | $1,400 | $2,500 |
| Powderhorn 4 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
| Powderhorn 5 Bedroom Homes for Rent | $3,295 | $3,295 | $3,295 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 3325 Nicollet Avenue priced from $800. 3419 Nicollet Avenue has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Powderhorn apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3325 Nicollet Avenue | 3325 Nicollet Ave - Studio | Studio,1BA | $800 |
| 3419 Nicollet Avenue | 3419 Nicollet Ave - Studio | Studio,1BA | $800 |
| 2709 Park Ave S | 0BR/1.0BA | Studio,1BA | $825 |
Best Value Apartments for Rent in Powderhorn, MN
As of July 05, 2026 the best value apartment in the Powderhorn area is the $1.48 price per square foot 3308 Stevens Ave Model at 3308 Stevens Ave, Unit 2 in the in the Powderhorn neighborhood starting from $2,950. The second greatest value Powderhorn apartment is the 2828 Blaisdell Ave Model at 2828 Blaisdell Ave, Unit 2 Bedroom Apartment starting at $1,350 with a $1.35 price per square foot in the Whittier 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. |
|---|---|---|---|
| 3308 Stevens Ave, Unit 2 | 3308 Stevens Ave | 5BR,1BA | $1.48 |
| 2828 Blaisdell Ave, Unit 2 Bedroom Apartment | 2828 Blaisdell Ave | 2BR,1BA | $1.35 |
| 2601 Portland Ave, Unit Carriage House | 2601 Portland Ave | 1BR,1BA | $2.01 |
| 3541 13th | 1BR/1.0BA | 1BR,1BA | $1.59 |
| Midtown Exchange Apartments | Studio - Market | Studio ,1BA | $1.45 |
| Blaisdell Manor | 1 Bedroom | 1BR,1BA | $1.57 |
| Midwell | 1 BR - 1 60% AMI | 1BR,1BA | $2.03 |
| 3816 Nicollet Apartments | One Bedroom | 1BR,1BA | $1.68 |
| 3325 Nicollet Avenue | 3325 Nicollet Ave - Studio | Studio ,1BA | $1.88 |
| 2709 Park Ave S | 0BR/1.0BA | Studio ,1BA | $2.06 |
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.
Read ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
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 #157
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Powderhorn
What type of rentals are currently available in Powderhorn?
There are currently 344 Apartments for Rent in Powderhorn, MN with pricing that ranges from $800 to $2,950. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Powderhorn ranging from $1,300 to $3,295.
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 $1,300 to $3,295 with an average monthly rent of $2,284.
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

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.

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.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
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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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.