Cheap Apartments for Rent in the Sheridan Neighborhood of Minneapolis, MN from $400 (218 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Sheridan area of Minneapolis.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Sheridan, Minneapolis, MN Local Guide

Cheapest Available Sheridan Apartments for Rent

 

The cheapest available apartment rental in the Sheridan area of Minneapolis, MN is a Studio unit found at Paige Hall priced from $551. Shelby Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $624. Here are the most affordable Sheridan apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Paige HallEfficiencyStudio,1BA$551
Shelby CommonsOne Bedroom1BR,1BA$624
Holmes Park Village2 Bedroom2BR,1BA$723
The Remington Campus ApartmentsSTUDIOStudio,1BA$745
1708 Glenwood Ave0BR/1.0BAStudio,1BA$800
315 11th Ave SE1 br1BR,1BA$850
Hawthorne GatesConcord StudioStudio,1BA$850
Central Avenue Lofts1 Bedroom1BR,1BA$898
Sela Campus University ApartmentsEfficiency1BR,1BA$949
1707 Glenwood Ave1 bedroom1BR,1BA$950

Best Value Apartments for Rent in Sheridan, MN

As of June 14, 2025 the best value apartment in the Sheridan area is the $0.69 price per square foot 1023 James Ave N Model at 1023 James Ave N, Unit 1023 in the in the Greater Near North neighborhood starting from $1,500. The second greatest value Sheridan apartment is the 1727 Girard Ave N Model at 1727 Girard Ave N, Unit 1727 starting at $1,600 with a $1.07 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1023 James Ave N, Unit 10231023 James Ave N2BR,1BA$0.69
1727 Girard Ave N, Unit 17271727 Girard Ave N2BR,1BA$1.07
The Marshall3X3A3BR,3BA$0.81
Stonehouse Square2 bedroom/1 bathroom2BR,1BA$1.34
West Broadway Crescent412-2B2BR,1BA$1.40
1707 Glenwood Ave1 bedroom1BR,1BA$1.19
Shelby CommonsOne Bedroom1BR,1BA$0.90
Central Avenue Lofts1 Bedroom1BR,1BA$1.32
1708 Glenwood Ave0BR/1.0BAStudio ,1BA$1.33
The Remington Campus ApartmentsSTUDIOStudio ,1BA$1.35

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Sheridan, Minneapolis, MN

Ranked #16

Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $950.

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 $4,494.

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 67 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 $1,255 which is $3,239 cheaper than the average rent for all rentals in Sheridan.

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.