Cheap Apartments for Rent in the South Minneapolis Neighborhood of Minneapolis, MN from $600 (106 Rentals)

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

property at 99 E 54th St

99 E 54th St

MinneapolisMN55419

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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AVID
Rent Specials
from $1,095Studio to 1 Bedroom Apartments Available Jun 13

AVID

3431 Dupont Ave SMinneapolis, MN 55408
Transit Friendly
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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3710 Minnehaha Ave
Studio to 2 Bedroom Apartments

3710 Minnehaha Ave

3710 Minnehaha AveMinneapolis, MN 55406
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Diamond Lake Properties
Studio to 2 Bedroom Apartments

Diamond Lake Properties

100-102 W Diamond Lake RdMinneapolis, MN 55419
  • Utilities Included
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3515 2nd Ave S
Studio Apartments

3515 2nd Ave S

3515 2nd Ave SMinneapolis, MN 55408
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3537 11th Ave S
1 Bedroom Apartments

3537 11th Ave S

3537 11th Ave SMinneapolis, MN 55407
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3512 Bryant Ave S
1 Bedroom Apartments

3512 Bryant Ave S

3512 Bryant Ave SMinneapolis, MN 55408
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E 36th St Apartments
1 Bedroom Apartments

E 36th St Apartments

501 E 36th StMinneapolis, MN 55408
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3707 Grand Ave S
1 Bedroom Apartments

3707 Grand Ave S

3707 Grand Ave SMinneapolis, MN 55409
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Linden Hills | 2715
Studio to 1 Bedroom Apartments

Linden Hills | 2715

2715 43rd St WMinneapolis, MN 55410
  • Utilities Included

South Minneapolis - One of the Best Affordable Neighborhoods in Minneapolis

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

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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 Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $845. 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 TerraceStudioStudio,1BA$845
Karmel ApartmentsStudioStudio,1BA$895
Bossen Park Apartments1-bedroom1BR,1BA$895
Colfax Villas IStudioStudio,1BA$899
3609 Grand Ave S1BR/1.0BA1BR,1BA$945
3508 Colfax Ave S1BR/1.0BA1BR,1BA$965
3520 Grand Ave S1BR/1.0BA1BR,1BA$975
3611 Bryant Ave S1BR/1.0BA1BR,1BA$1,005
Bryant Manor ApartmentsOne Bedroom1BR,1BA$1,015

Best Value Apartments for Rent in South Minneapolis, MN

As of June 08, 2025 the best value apartment in the South Minneapolis area is the $1.25 price per square foot 4055 2nd Ave S Model at 4055 2nd Ave S, Unit 2nd floor in the in the Powderhorn neighborhood starting from $2,000. The second greatest value South Minneapolis apartment is the 2BR/1.0BA Model at 4610 Bryant Ave S starting at $1,315 with a $1.32 price per square foot in the Armatage 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.
4055 2nd Ave S, Unit 2nd floor4055 2nd Ave S2BR,1BA$1.25
4610 Bryant Ave S2BR/1.0BA2BR,1BA$1.32
Richfield Square ApartmentsRenovated 2 Bedroom2BR,1BA$1.58
3700 LyndaleOne Bedroom1BR,1BA$1.44
Xerxes Manor Apartments1BR/1.0BA1BR,1BA$1.37
2629 W 43rdNot Available1BR,1BA$1.40
Bryant Manor ApartmentsOne Bedroom1BR,1BA$1.43
5544/5301 Chicago Ave S5600 Nicollet1BR,1BA$1.59
3508 Colfax Ave S1BR/1.0BA1BR,1BA$1.48
Bossen Park Apartments1-bedroom1BR,1BA$1.39

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
South Minneapolis, Minneapolis, MN

Ranked #73

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 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 the Cheapest Studio apartment in South Minneapolis?

Currently the most affordable Cheap Studio Apartment in South Minneapolis is at Colfax Terrace listed at $845.

How much is rent for a Cheap One Bedroom South Minneapolis Apartment?

The lowest price for a Cheap One Bedroom South Minneapolis Apartment is $789 at Cretin Court.

What is the lowest price for a Cheap Two Bedroom South Minneapolis Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Minneapolis is starting from $1,195 at 3520 Grand Ave S.

What is the most affordable South Minneapolis Three Bedroom Apartment?

The best deal on a cheap South Minneapolis Three Bedroom Apartment rental is at Bossen Park Apartments and starts from $1,600.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.