
Cheap Homes for Rent in The Ponds Neighborhood of Minneapolis, MN from $1,500 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the The Ponds area of Minneapolis.


5411 72nd circle n
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.

7441 Brunswick Ave N

5528 Brookdale Dr N
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.
The Ponds, Minneapolis, MN Local Guide

How much does it cost to rent a home in The Ponds?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Ponds 2 Bedroom Homes for Rent | $1,525 | $1,500 | $1,550 |
| The Ponds 3 Bedroom Homes for Rent | $2,297 | $2,195 | $2,400 |
| The Ponds 4 Bedroom Homes for Rent | $2,395 | $2,395 | $2,395 |
| The Ponds 5 Bedroom Homes for Rent | $2,740 | $2,740 | $2,740 |
| The Ponds 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the The Ponds Neighborhood of Minneapolis, MN.
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The Ponds, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
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Best Value Apartments for Rent in The Ponds, MN
As of April 28, 2026 the best value apartment in the The Ponds area is the $1.50 price per square foot Edinburgh Model at The Fairways at Edinburgh in the in the Lakeside At Oxbow Commons neighborhood starting from $2,380. The second greatest value The Ponds apartment is the 1 Bedroom Model at Bass Lake Crossing starting at $1,167 with a $1.17 price per square foot in the Becker 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. |
|---|---|---|---|
| The Fairways at Edinburgh | Edinburgh | 3BR,2BA | $1.50 |
| Bass Lake Crossing | 1 Bedroom | 1BR,1BA | $1.17 |
| Ridgebrook Apartments | 2x1 Creek Full- Call For Availability | 2BR,1BA | $1.42 |
| Fountains in the Park | Fontis | 2BR,1BA | $1.55 |
| Pebble Creek North Apartments | One Bedroom | 1BR,1BA | $1.23 |
| Park 85 | 1BR/1BA | 1BR,1BA | $1.41 |
| Point of America Apartments | Reagan | 2BR,1BA | $1.56 |
| Moonraker Apartments | Doria (A1) | 1BR,1BA | $1.49 |
| Autumn Ridge Apartments | 1 Bedroom | 1BR,1BA | $1.30 |
| Allianze Sr. Community | 1 Bedroom 1 Bath | 1BR,1BA | $1.25 |
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 LifestyleThe Ponds, Minneapolis, MN
Ranked #113
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 The Ponds
What type of rentals are currently available in The Ponds?
There are currently 50 Apartments for Rent in The Ponds, MN with pricing that ranges from $500 to $2,485. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Ponds ranging from $1,500 to $3,000.
What is the current price range for Rental Homes in The Ponds?
Today's rental pricing for Homes for Rent, Condos and Townhomes in The Ponds ranges from $1,500 to $3,000 with an average monthly rent of $2,391.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.