Cheap Apartments for Rent in the South Minneapolis Neighborhood of Minneapolis, MN from $600 (172 Rentals)

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

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Colfax Villas I
$899 - $1,250
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$899 - $1,250

Total Monthly Price
$899 - $1,250
Studio to 2 Bedroom Apartments Available Now

Colfax Villas I

3611 Colfax Ave SMinneapolis, MN 55409
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Ellis and Louise Apartments
$900 - $1,330
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900 - $1,330

Total Monthly Price
$900 - $1,330
Studio to 2 Bedroom Apartments Contact Us For Availability

Ellis and Louise Apartments

3440 Dupont Ave SMinneapolis, MN 55408
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Flats at Emerson
$910
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900
Required Monthly Fees
$10

Total Monthly Price
$910
Studio Apartments Contact Us For Availability

Flats at Emerson

3441 Emerson Ave SMinneapolis, MN 55408
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Colfax Terrace
Rent Specials
$912 - $1,312
Total Monthly Price

Total Monthly Price

Base Rent
$895 - $1,295
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Colfax Terrace

3433-3435 Colfax Ave SMinneapolis, MN 55408
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AVID
$922 - $1,112
Total Monthly Price

Total Monthly Price

Base Rent
$855 - $1,045
Required Monthly Fees
$67

Total Monthly Price
$922 - $1,112
Studio to 1 Bedroom Apartments Available Jul 1

AVID

3431 Dupont Ave SMinneapolis, MN 55408
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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.

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3541 13th
$955 - $1,155
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895 - $1,095
Required Monthly Fees
$60

Total Monthly Price
$955 - $1,155
Studio to 1 Bedroom Apartments Available Now

3541 13th

3541 13th Ave SMinneapolis, MN 55407
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Bryant Manor
Rent Specials
$957 - $1,407
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,395
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jun 15

Bryant Manor

3532 Bryant Ave SMinneapolis, MN 55408
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Garden Apartments
$999 - $1,189
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$949 - $1,139
Required Monthly Fees
$50

Total Monthly Price
$999 - $1,189
1 Bedroom Apartments Available Now

Garden Apartments

5700-5712 34th Ave SMinneapolis, MN 55417
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property at 3705 Chicago Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

3705 Chicago Ave

MinneapolisMN55407
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Oaks Hiawatha Station
$1,039 - $2,042
Total Monthly Price

Total Monthly Price

Base Rent
$1,017 - $2,020
Required Monthly Fees
$22

Total Monthly Price
$1,039 - $2,042
Studio to 2 Bedroom Apartments Contact Us For Availability

Oaks Hiawatha Station

4540 Snelling AveMinneapolis, MN 55406
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The Central
Rent Specials
$1,063 - $1,659
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,058 - $1,654
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Central

3503 2nd Ave SMinneapolis, MN 55408
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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.

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5544/5301 Chicago Ave S
$1,085 - $1,450
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025 - $1,390
Required Monthly Fees
$60

Total Monthly Price
$1,085 - $1,450
1 to 2 Bedroom Apartments Available Aug 1

5544/5301 Chicago Ave S

5544 Chicago AveMinneapolis, MN 55417
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Park Place Apartments
Rent Specials
$1,093
Total Monthly Price

Total Monthly Price

Base Rent
$1,075
Required Monthly Fees
$18

Total Monthly Price
$1,093
1 Bedroom Apartments Available Aug 1

Park Place Apartments

3845 Bryant Ave SMinneapolis, MN 55409
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3508 Colfax
$1,095 - $1,170
Total Monthly Price

Total Monthly Price

Base Rent
$940 - $1,015
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Jul 1

3508 Colfax

3508 Colfax Ave SMinneapolis, MN 55408
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Diamond Pointe Apartments
$1,110 - $1,455
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050 - $1,395
Required Monthly Fees
$60

Total Monthly Price
$1,110 - $1,455
1 to 2 Bedroom Apartments Available Now

Diamond Pointe Apartments

6106-6116 Lyndale Ave SMinneapolis, MN 55419
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CityLine
$1,136 - $1,805
Total Monthly Price

Total Monthly Price

Base Rent
$1,136 - $1,805

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

CityLine

3815 Hiawatha AveMinneapolis, MN 55406
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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.

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3700 Lyndale
$1,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150
1 Bedroom Apartments Contact Us For Availability

3700 Lyndale

3700-3708 Lyndale Ave SMinneapolis, MN 55409
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property at 3718 Oakland Ave S

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Now

3718 Oakland Ave S

MinneapolisMN55407
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MN46 Apartments
Rent Specials
$1,160 - $1,950
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,160 - $1,950

Total Monthly Price
$1,160 - $1,950
Studio to 1 Bedroom Apartments Available Jul 1

MN46 Apartments

4555 Minnehaha AveMinneapolis, MN 55406
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Oaks Station Place
$1,207 - $1,946
Total Monthly Price

Total Monthly Price

Base Rent
$1,188 - $1,927
Required Monthly Fees
$19

Total Monthly Price
$1,207 - $1,946
Studio to 2 Bedroom Apartments Contact Us For Availability

Oaks Station Place

3550 E 46th StMinneapolis, MN 55406
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Oaks Minnehaha Longfellow
$1,217 - $2,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,202 - $2,200
Required Monthly Fees
$15

Total Monthly Price
$1,217 - $2,215
Studio to 2 Bedroom Apartments Available Now

Oaks Minnehaha Longfellow

5329 48th Ave SMinneapolis, MN 55417
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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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Minnehaha Manor Apartments
$1,238 - $1,538
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,395
Required Monthly Fees
$143

Total Monthly Price
$1,238 - $1,538
1 to 2 Bedroom Apartments Available Now

Minnehaha Manor Apartments

5315 Minnehaha Ave SMinneapolis, MN 55417
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Rosa
Rent Specials
$1,255 - $2,850
Total Monthly Price18 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $2,795
Required Monthly Fees
$55

Total Monthly Price
$1,255 - $2,850
Studio to 3 Bedroom Apartments Available Jul 8

Rosa

4201 Nicollet AveMinneapolis, MN 55409
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Wakpada Apartments
$1,275 - $1,755
Total Monthly Price

Total Monthly Price

Base Rent
$1,260 - $1,740
Required Monthly Fees
$15

Total Monthly Price
$1,275 - $1,755
Studio to 2 Bedroom Apartments Available Now

Wakpada Apartments

4603 Minnehaha AveMinneapolis, MN 55406
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MOD 42
Rent Specials
$1,279 - $1,449
Total Monthly Price

Total Monthly Price

Base Rent
$929 - $1,099
Required Monthly Fees
$350

Total Monthly Price
$1,279 - $1,449
Studio Apartments Available Aug 21

MOD 42

4200 S 32nd AveMinneapolis, MN 55406
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Creek Terrace Apartments
$1,300 - $1,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,395
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Creek Terrace Apartments

616 W 53rd StMinneapolis, MN 55419
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Fulton Terrace
$1,305 - $1,575
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,225 - $1,495
Required Monthly Fees
$80

Total Monthly Price
$1,305 - $1,575
1 to 2 Bedroom Apartments Available Now

Fulton Terrace

2915 W 50th StMinneapolis, MN 55410
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City Limits Apartments
Rent Specials
$1,325 - $1,545
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $1,515
Required Monthly Fees
$30

Total Monthly Price
$1,325 - $1,545
1 to 2 Bedroom Apartments Available Now

City Limits Apartments

127 E 59th StMinneapolis, MN 55419
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Tree Tops Apartments
Rent Specials
$1,377 - $1,502
Total Monthly Price

Total Monthly Price

Base Rent
$1,355 - $1,480
Required Monthly Fees
$22

Total Monthly Price
$1,377 - $1,502
Studio to 1 Bedroom Apartments Available Now

Tree Tops Apartments

3535 S Bryant AveMinneapolis, MN 55408
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property at 4652 Chicago Ave

$1,380

Total Monthly Price

Total Monthly Price

Base Rent
$1,380

Total Monthly Price
$1,380

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

4652 Chicago Ave

MinneapolisMN55407

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

South Minneapolis, Minneapolis, MN Local Guide

Cheapest Available South Minneapolis Apartments for Rent

 

The cheapest available apartment rental in the South Minneapolis area of Minneapolis, MN is a 1 Bed unit found at Cretin Court priced from $789. COLFAX VILLAS has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable South Minneapolis apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Cretin Court1 Bed, 1 bath1BR,1BA$789
COLFAX VILLASStudioStudio,1BA$799
Diamond LakeEast - StudioStudio,1BA$850
Bossen Park Apartments1-bedroom1BR,1BA$850
Wexford Commons ApartmentsEfficiencyStudio,1BA$895
Colfax Villas IStudioStudio,1BA$899
Colfax TerraceColfax Terrace - StudioStudio,1BA$912
Overland ApartmentsPacificStudio,1BA$945
4225 Bloomington Ave1 Bedroom 1 Bath1BR,1BA$975
Minnehaha Apartments | 3628One Bedroom A1BR,1BA$990

Best Value Apartments for Rent in South Minneapolis, MN

As of June 12, 2026 the best value apartment in the South Minneapolis area is the $1.25 price per square foot 2 bed Model at Nicollet Manor in the in the Armatage neighborhood starting from $1,495. The second greatest value South Minneapolis apartment is the 3 Beds, 1 bath Model at Cretin Court starting at $1,620 with a $1.69 price per square foot in the Macalester-Groveland neighborhood. Here is today’s list of the best values for South Minneapolis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Nicollet Manor2 bed2BR,1BA$1.25
Cretin Court3 Beds, 1 bath3BR,1BA$1.69
Diamond Pointe ApartmentsTwo Bedroom2BR,1BA$1.56
Allegro1BR/1 BA1BR,1BA$1.67
ReNew MinnehahaA21BR,1BA$1.65
South Pleasant Ave2BR/1.0BA2BR,1BA$1.56
3541 13th1BR/1.0BA1BR,1BA$1.59
Minnehaha Apartments | 3628One Bedroom A1BR,1BA$1.44
4225 Bloomington Ave1 Bedroom 1 Bath1BR,1BA$1.50
Bossen Park Apartments1-bedroom1BR,1BA$1.32

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.

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Enjoy 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.

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Real 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.

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Quick 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.

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Pet Friendly Lifestyle
South Minneapolis, Minneapolis, MN

Ranked #67

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Minneapolis, MN. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap South Minneapolis Apartments

What is a cheap apartment in South Minneapolis?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Minneapolis is under $990.

What is the price of a cheap apartment in South Minneapolis?

The cheapest apartment in South Minneapolis is Cretin Court which is listed at $789, while the average apartment in South Minneapolis costs $3,976.

What types of apartments are the cheapest in South Minneapolis?

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 17 regular apartments in South Minneapolis 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 South Minneapolis?

Cheap apartments in South Minneapolis have an average cost of $646 which is $3,330 cheaper than the average rent for all rentals in South Minneapolis.

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

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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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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.

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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.

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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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.