
Cheap Homes for Rent in Powderhorn Neighborhood of Minneapolis, MN from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Powderhorn area of Minneapolis.


3408 3rd Ave S

2834 15th Ave S

3400 Elliot Ave

4014 15th Ave S

3829 Bloomington Ave

3116 Oakland Ave

3340 Stevens Ave

2821 Portland Ave
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 | $1,701 | $1,400 | $2,200 |
| Powderhorn 3 Bedroom Homes for Rent | $2,071 | $1,800 | $2,495 |
| Powderhorn 4 Bedroom Homes for Rent | $2,275 | $1,850 | $2,700 |
| Powderhorn 5 Bedroom Homes for Rent | $2,750 | $2,750 | $2,750 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 3415 Nicollet Avenue priced from $775. 2709 Park Ave S has the second lowest priced unit, which is a Studio apartment currently listed from $805. Here are the most affordable Powderhorn apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3415 Nicollet Avenue | 3415 Nicollet Ave - Studio | Studio,1BA | $775 |
| 2709 Park Ave S | 0BR/1.0BA | Studio,1BA | $805 |
| 3816 Nicollet Apartments | One Bedroom | 1BR,1BA | $925 |
Best Value Apartments for Rent in Powderhorn, MN
As of November 09, 2025 the best value apartment in the Powderhorn area is the $0.90 price per square foot 2 Bedroom Model at Midtown Exchange Apartments in the in the Powderhorn neighborhood starting from $1,343. The second greatest value Powderhorn apartment is the 3 Bedroom Model at East Phillips Commons starting at $1,576 with a $1.38 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. |
|---|---|---|---|
| Midtown Exchange Apartments | 2 Bedroom | 2BR,1BA | $0.90 |
| East Phillips Commons | 3 Bedroom | 3BR,2BA | $1.38 |
| 3105 16th Ave S, Unit Three | 3105 16th Ave S | 2BR,1BA | $1.26 |
| Dakar on Lake | 2BR/2.0BA | 2BR,2BA | $1.91 |
| 3528 Bloomington Ave, Unit 6 | 3528 Bloomington Ave | 2BR,1BA | $2.17 |
| Southsider | B5-SS | 1BR,1BA | $2.02 |
| Powderhorn Park Apartments | 1BR/1.0BA | 1BR,1BA | $1.75 |
| 3816 Nicollet Apartments | One Bedroom | 1BR,1BA | $1.68 |
| 2709 Park Ave S | 0BR/1.0BA | Studio ,1BA | $2.01 |
| 3415 Nicollet Avenue | 3415 Nicollet Ave - Studio | Studio ,1BA | $2.12 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePowderhorn, Minneapolis, MN
Ranked #160
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $895 to $2,744. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Powderhorn ranging from $725 to $2,750.
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 $725 to $2,750 with an average monthly rent of $1,993.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.