2600 University Ave SE
MinneapolisMN55414
Cheap Homes for Rent in the Prospect Park Neighborhood of Minneapolis, MN from $1,100 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Prospect Park area of Minneapolis.
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$1,6002 Bedroom Apartments Available Sep 1
6 Barton Ave SE
6 Barton Ave SEMinneapolis, MN 55414
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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201 Melbourne Ave SE
MinneapolisMN55414
911 E River Pky
MinneapolisMN55414
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Prospect Park, Minneapolis, MN Local Guide
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How much does it cost to rent a home in Prospect Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Park 2 Bedroom Homes for Rent | $2,295 | $2,295 | $2,295 |
| Prospect Park 3 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
| Prospect Park 6 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Prospect Park Neighborhood of Minneapolis, MN.
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Best Value Apartments for Rent in Prospect Park, MN
As of July 23, 2026 the best value apartment in the Prospect Park area is the $0.52 price per square foot G2: 3 Bedrooms/3 Bathrooms Model at Factory Lofts in the in the University Of Minnesota neighborhood starting from $776. The second greatest value Prospect Park apartment is the D2 Model at MAX starting at $3,267 with a $2.24 price per square foot in the University Of Minnesota neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Factory Lofts | G2: 3 Bedrooms/3 Bathrooms | 3BR,3BA | $0.52 |
| MAX | D2 | 2BR,2BA | $2.24 |
| University Village | Large 2B2B - Private | 2BR,2BA | $0.88 |
| Stadium Village Apartments | 2 Bed | 2BR,1BA | $1.23 |
| Brackett's Place Apartments | 2 Bedroom | 2BR,1BA | $1.48 |
| 2700 University | Hill | 1BR,1BA | $2.02 |
| 624 Huron Apartments | Michigan | 1BR,1BA | $1.62 |
| The Arrow Apartments | 2.2S-Furnished | 2BR,2BA | $0.99 |
| Flats at Malcolm Yards | 1 Bedroom (511B150, 511B150H) | 1BR,1BA | $1.94 |
| Yale Place | 1bd Apartment: Yale Place | 1BR,1BA | $1.95 |
Frequently Asked Questions about Prospect Park
What type of rentals are currently available in Prospect Park?
There are currently 89 Apartments for Rent in Prospect Park, MN with pricing that ranges from $625 to $4,267. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $1,195 to $2,600.
What is the current price range for Rental Homes in Prospect Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Park ranges from $1,195 to $2,600 with an average monthly rent of $1,997.
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.
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