
Cheap Apartments for Rent in the The Ponds Neighborhood of Minneapolis, MN from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Ponds area of Minneapolis.


Autumn Ridge Apartments

Carrington Drive

Total Monthly Price
Windsor Gates

Granite Creek

Granite Peaks

Creekside Gables
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.

Huntington Place

Point of America Apartments

Garden Gates

Bass Lake Crossing

Lake Pointe

Villa Del Coronado Apartments

The Willows Apartments
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.

Chardon Court Apartments 55+

Pebble Creek North Apartments

The Avenue 401

Gateway Commons

BLVD Apartments

Ridgebrook Apartments

Imperial Gates Apartments
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.
The Ponds, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in The Ponds?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Ponds Studio Apartments | $1,001 | $918 | $1,095 |
| The Ponds 1 Bedroom Apartments | $1,044 | $500 | $1,585 |
| The Ponds 2 Bedroom Apartments | $1,403 | $1,178 | $2,280 |
| The Ponds 3 Bedroom Apartments | $2,116 | $1,716 | $2,735 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the The Ponds Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
The Ponds, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available The Ponds Apartments for Rent
 The cheapest available apartment rental in the The Ponds area of Minneapolis, MN is a 1 Bed unit found at Allianze Sr. Community priced from $500. Autumn Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $918. Here are the most affordable The Ponds apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Allianze Sr. Community | 1X1 | 1BR,1BA | $500 |
| Autumn Ridge Apartments | Studio | 1BR,1BA | $918 |
| Huntington Place | 1 Bedroom, Top Level Silver, Income Restrictions | 1BR,1BA | $975 |
| Garden Gates | Studio | Studio,1BA | $999 |
| Bass Lake Crossing | 1bed | 1BR,1BA | $999 |
Best Value Apartments for Rent in The Ponds, MN
As of January 11, 2026 the best value apartment in the The Ponds area is the $1.00 price per square foot 2bed Model at Bass Lake Crossing in the in the Becker neighborhood starting from $1,199. The second greatest value The Ponds apartment is the 2 Bedroom Model at Villa Del Coronado Apartments starting at $1,270 with a $1.29 price per square foot in the Lakeside At Oxbow Commons neighborhood. Here is today’s list of the best values for The Ponds apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bass Lake Crossing | 2bed | 2BR,1BA | $1.00 |
| Villa Del Coronado Apartments | 2 Bedroom | 2BR,1BA | $1.29 |
| Ridgebrook Apartments | 2x1 Creek Full- Call For Availability | 2BR,1BA | $1.42 |
| Point of America Apartments | Washington | 2BR,1BA | $1.45 |
| Pebble Creek North Apartments | One Bedroom | 1BR,1BA | $1.23 |
| Park 85 | 1BR/1BA LG | 1BR,1BA | $1.47 |
| Granite Peaks | Summit | 2BR,1BA | $1.49 |
| Huntington Place | 1 Bedroom, Garden Level Gold, Income Restrictions | 1BR,1BA | $1.53 |
| Lake Pointe | Studio | Studio ,1BA | $1.54 |
| Allianze Sr. Community | 1X1 | 1BR,1BA | $1.25 |
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.
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 LifestyleThe Ponds, Minneapolis, MN
Ranked #118
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in The Ponds, Minneapolis, MN
Park Center IB World School
School data provided by Great Schools
Frequently Asked Questions about Cheap The Ponds Apartments
What is a cheap apartment in The Ponds?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in The Ponds is under $1,095.
What is the price of a cheap apartment in The Ponds?
The cheapest apartment in The Ponds is Allianze Sr. Community which is listed at $500, while the average apartment in The Ponds costs $1,880.
What types of apartments are the cheapest in The Ponds?
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 323 regular apartments in The Ponds 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 The Ponds?
Cheap apartments in The Ponds have an average cost of $601 which is $1,279 cheaper than the average rent for all rentals in The Ponds.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!