
Cheap Homes for Rent in South Minneapolis Neighborhood of Minneapolis, MN from $1,000 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the South Minneapolis area of Minneapolis.


3522 Harriet Ave

3522 Harriet Ave, Unit 305

3625 Aldrich Ave S, Unit 303

5749 33rd Ave S
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.

4014 15th Ave S, Unit 7b, Unit 7b

4719 Chicago Ave

3501 22nd Ave S

4236 Upton Ave S

4344 Chicago Ave
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.

3622 Bloomington Ave, Unit 1, Unit 1

3450 Harriet Ave

2700 W 44th St

5136 Hiawatha Ave, Unit 101, Unit 101

4234 Cedar Ave S
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.
South Minneapolis, Minneapolis, MN Local Guide

How much does it cost to rent a home in South Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Minneapolis 2 Bedroom Homes for Rent | $2,163 | $1,375 | $3,500 |
| South Minneapolis 3 Bedroom Homes for Rent | $2,640 | $1,700 | $5,450 |
| South Minneapolis 4 Bedroom Homes for Rent | $3,333 | $2,304 | $4,295 |
| South Minneapolis 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the South Minneapolis Neighborhood of Minneapolis, MN.
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South Minneapolis, Minneapolis, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cretin Court | 1 Bed, 1 bath | 1BR,1BA | $789 |
| COLFAX VILLAS | Studio | Studio,1BA | $799 |
| Diamond Lake Properties | Model EA | Studio,1BA | $825 |
| Bryant Manor | Bryant Manor - Studio (A) | Studio,1BA | $894 |
| Wexford Commons Apartments | Efficiency | Studio,1BA | $895 |
Best Value Apartments for Rent in South Minneapolis, MN
As of April 16, 2026 the best value apartment in the South Minneapolis area is the $1.14 price per square foot 3500 Minnehaha Ave Model at 3500 Minnehaha Ave, Unit 1 in the in the Greater Longfellow neighborhood starting from $1,365. The second greatest value South Minneapolis apartment is the 3954 14th Ave S Model at 3954 14th Ave S, Unit 2 second floor starting at $1,800 with a $1.50 price per square foot in the Powderhorn neighborhood. Here is today’s list of the best values for South Minneapolis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3500 Minnehaha Ave, Unit 1 | 3500 Minnehaha Ave | 3BR,1BA | $1.14 |
| 3954 14th Ave S, Unit 2 second floor | 3954 14th Ave S | 2BR,1BA | $1.50 |
| Nicollet Manor | 2 bed | 2BR,1BA | $1.25 |
| Aldrich Ave Apartments | Aldrich Ave - One Bedroom (B) | 1BR,1BA | $1.30 |
| Mount Curve Apartments | 2BR/1.0BA | 2BR,1BA | $1.47 |
| 4233 Nicollet Ave S | 1BR/1.0BA | 1BR,1BA | $1.30 |
| 4900 Chicago | 1 bedroom | 1BR,1BA | $1.41 |
| Pleasant Ave Apartments | 1 Bedroom | 1BR,1BA | $1.50 |
| Grand Apartments | 3749 | 1 Bedroom | 1BR,1BA | $1.51 |
| 4528 Bryant Ave S, Unit 5 | 4528 Bryant Ave S | 1BR,1BA | $1.53 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 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 LifestyleSouth Minneapolis, Minneapolis, MN
Ranked #60
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about South Minneapolis
What type of rentals are currently available in South Minneapolis?
There are currently 526 Apartments for Rent in South Minneapolis, MN with pricing that ranges from $640 to $5,016. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Minneapolis ranging from $1,000 to $5,450.
What is the current price range for Rental Homes in South Minneapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Minneapolis ranges from $1,000 to $5,450 with an average monthly rent of $2,601.
How much are larger Three and Four Bedroom Rentals in South Minneapolis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Minneapolis range from $1,365 to $3,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $5,450. Four Bedroom Single-Family rentals are also available starting from $2,304 and Four Bedroom Apartments start at $5,016.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.