Cheap Homes for Rent in Powderhorn Neighborhood of Minneapolis, MN from $700 (9 Rentals)

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

property at 3408 3rd Ave S

3408 3rd Ave S

MinneapolisMN55408
property at 2834 15th Ave S

2834 15th Ave S

MinneapolisMN55407
property at 3400 Elliot Ave

3400 Elliot Ave

MinneapolisMN55407
property at 4014 15th Ave S

4014 15th Ave S

MinneapolisMN55407
property at 3829 Bloomington Ave

3829 Bloomington Ave

MinneapolisMN55407
property at 3116 Oakland Ave

3116 Oakland Ave

MinneapolisMN55407
property at 3340 Stevens Ave

3340 Stevens Ave

MinneapolisMN55408

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 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 ListingModel NameBed/BathPriced From
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio,1BA$775
2709 Park Ave S0BR/1.0BAStudio,1BA$805
3816 Nicollet ApartmentsOne Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Midtown Exchange Apartments2 Bedroom2BR,1BA$0.90
East Phillips Commons3 Bedroom3BR,2BA$1.38
3105 16th Ave S, Unit Three3105 16th Ave S2BR,1BA$1.26
Dakar on Lake2BR/2.0BA2BR,2BA$1.91
3528 Bloomington Ave, Unit 63528 Bloomington Ave2BR,1BA$2.17
SouthsiderB5-SS1BR,1BA$2.02
Powderhorn Park Apartments1BR/1.0BA1BR,1BA$1.75
3816 Nicollet ApartmentsOne Bedroom1BR,1BA$1.68
2709 Park Ave S0BR/1.0BAStudio ,1BA$2.01
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio ,1BA$2.12

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Pet Friendly Lifestyle
Powderhorn, Minneapolis, MN

Ranked #160

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 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.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.