
Cheap Apartments for Rent in the Sheridan Neighborhood of Minneapolis, MN from $400 (226 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sheridan area of Minneapolis.


1316 7th St SE

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Remington Apartments

Stage Apartments, LLC

St. Anthony Village

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Aster Apartments in Near North Minneapolis

Hawthorne Gates

Campus East Apartments: Your Perfect Home Near U of M Twin Cities!

Monroe Village Senior Apartments

The Endurance
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.

Deco 265

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LaSalle Apartments

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Timber & Tie

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City Place Lofts

409 University Ave SE

Hook and Ladder Apartments

The Marshall

Gateway Northeast

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The Redwell

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Campus Apartments 700-727 University SE
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.

Laurel Village

Artistry on 10th

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Stone Arch I

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Quarry Place

Rivergate Apartments

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Stone Arch II

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Fourth Street Co-op Apartments

240 N Irving Ave

962 29th Ave NE

Jax Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Duffey Lofts

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Bowler Lofts

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The Denn of Dinkytown

431 S 7th St

North Creek

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Mill City Quarter

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NoLo Living

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Rym Apartments

Local 15

Ladder 260
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.

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Phoenix North Loop

The Ellory

3606 N Bryant Ave, Unit 2

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7west

Stonehouse Square

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Satori Apartments

Park Plaza

222 N Logan Ave

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Spectrum Apartments & Townhomes

St Anthony Mills Apartments
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.
Sheridan, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Sheridan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sheridan Studio Apartments | $1,431 | $745 | $2,369 |
| Sheridan 1 Bedroom Apartments | $1,824 | $624 | $7,259 |
| Sheridan 2 Bedroom Apartments | $2,434 | $469 | $9,268 |
| Sheridan 3 Bedroom Apartments | $2,848 | $809 | $10,000+ |
| Sheridan 4 Bedroom Apartments | $2,044 | $835 | $3,500 |
| Sheridan 5 Bedroom Apartments | $2,900 | $2,200 | $3,400 |
Browse Apartments in this Neighborhood
There are currently 226 rentals with your search options within a 2 mile radius of the Sheridan Neighborhood of Minneapolis, MN.
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Sheridan, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
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Cheapest Available Sheridan Apartments for Rent
 The cheapest available apartment rental in the Sheridan area of Minneapolis, MN is a 2 Beds unit found at Yugo The Sydney at Dinkytown priced from $489. Radius has the second lowest priced unit, which is a 3 Beds apartment currently listed from $495. Here are the most affordable Sheridan apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yugo The Sydney at Dinkytown | 2 Bed, 2 Bath DinkyDome Double Renovated | 2BR,2BA | $489 |
| Radius | C5 | 3BR,2BA | $495 |
| Shelby Commons | 1 Bdrm | 1BR,1BA | $624 |
| Bierman Place | The Park - By-the-bed | 2BR,1BA | $695 |
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| Remington Apartments | Studio September Move In | Studio,1BA | $745 |
| Yugo Minneapolis 412 Lofts | 3 Bed, 2 Bath Classic | 3BR,2BA | $809 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $810 |
| Aster Apartments in Near North Minneapolis | 0BR/1.0BA | Studio,1BA | $830 |
| Hawthorne Gates | Concord Studio | Studio,1BA | $850 |
Best Value Apartments for Rent in Sheridan, MN
As of May 08, 2026 the best value apartment in the Sheridan area is the $1.10 price per square foot 2717 Aldrich Ave N Model at 2717 Aldrich Ave N in the in the Greater Near North neighborhood starting from $2,200. The second greatest value Sheridan apartment is the 1407 Girard Ave N Model at 1407 Girard Ave N, Unit 2 starting at $1,900 with a $1.29 price per square foot in the Greater Near North neighborhood. Here is today’s list of the best values for Sheridan apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2717 Aldrich Ave N | 2717 Aldrich Ave N | 5BR,3BA | $1.10 |
| 1407 Girard Ave N, Unit 2 | 1407 Girard Ave N | 2BR,1BA | $1.29 |
| The Marshall | 3X35A | 3BR,3.5BA | $0.70 |
| Yugo The Sydney at Dinkytown | 2 Bed, 2 Bath DinkyDome Double | 2BR,2BA | $0.46 |
| Stonehouse Square | 2 bedroom/1 bathroom | 2BR,1BA | $1.34 |
| Radius | C2 | 3BR,2BA | $0.78 |
| The Knoll Dinkytown | B2 | 2BR,2BA | $1.15 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $1.03 |
| Aldrich Apartments | Near I-94 & Theodore Wirth | Standard 1BR | 1BR,1BA | $1.19 |
| Remington Apartments | Studio September Move In | Studio ,1BA | $1.35 |
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 LifestyleSheridan, Minneapolis, MN
Ranked #15
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Central Minneapolis-St. Paul, MN. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, features that make it easier to raise kids, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Sheridan Apartments
What is a cheap apartment in Sheridan?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sheridan is under $850.
What is the price of a cheap apartment in Sheridan?
The cheapest apartment in Sheridan is Shelby Commons which is listed at $624, while the average apartment in Sheridan costs $3,475.
What types of apartments are the cheapest in Sheridan?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 172 regular apartments in Sheridan that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Sheridan?
Cheap apartments in Sheridan have an average cost of $1,064 which is $2,411 cheaper than the average rent for all rentals in Sheridan.
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
Written by: Stephanie Lica
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
Written by: Stephanie Lica
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.