Search the lowest-cost Apartments available for rent right now in the Southwest Minneapolis area of Minneapolis.
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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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest Minneapolis 1 Bedroom Apartments | $1,864 | $1,300 | $2,980 |
| Southwest Minneapolis 2 Bedroom Apartments | $1,817 | $1,425 | $2,200 |
| Southwest Minneapolis 3 Bedroom Apartments | $6,401 | $6,401 | $6,401 |
There are currently 16 rentals with your search options within a 1 mile radius of the Southwest Minneapolis Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisThe cheapest available apartment rental in the Southwest Minneapolis area of Minneapolis, MN is a 1 Bed unit found at Fulton Terrace priced from $1,305. Cove at Linden Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,445. Here are the most affordable Southwest Minneapolis apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fulton Terrace | 1 Bedroom | 1BR,1BA | $1,305 |
| Cove at Linden Hills | The Nokomis | 1BR,1BA | $1,445 |
| Xerxes Manor Apartments | 2BR/1.5BA | 2BR,1BA | $1,545 |
| Creek Terrace | Creek - 2BR - Creek remodeled | 2BR,1BA | $1,650 |
| Fuller Park Flats | Fuller Park Flats - 404 | 1BR,1BA | $1,795 |
As of June 23, 2026 the best value apartment in the Southwest Minneapolis area is the $1.71 price per square foot 2BR/1.5BA Model at Xerxes Manor Apartments in the in the Armatage neighborhood starting from $1,545. The second greatest value Southwest Minneapolis apartment is the Creek - 2BR - Creek remodeled Model at Creek Terrace starting at $1,650 with a $1.85 price per square foot in the Armatage neighborhood. Here is today’s list of the best values for Southwest Minneapolis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Xerxes Manor Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.71 |
| Creek Terrace | Creek - 2BR - Creek remodeled | 2BR,1.5BA | $1.85 |
| Harriet Apartments | 4326 | 1 Bedroom | 1BR,1BA | $3.51 |
| Cove at Linden Hills | The Harriet | 2BR,1BA | $2.43 |
| Fulton Terrace | 2 Bedroom | 2BR,1BA | $2.04 |
| Fuller Park Flats | Fuller Park Flats - 404 | 1BR,1BA | $3.41 |
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 ArticleDiscover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleFrom 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 ArticleThe 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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Write a ReviewAmong cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Today's best deal for a Cheap Two Bedroom Apartment in Southwest Minneapolis is starting from $1,425 at Fulton Terrace.
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.
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.
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
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.
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