
Cheap Apartments for Rent in the Twin Lake Neighborhood of Minneapolis, MN from $500 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Twin Lake area of Minneapolis.


Regent Place Apartments Hwy 100

6017 Bass Lake Rd

Total Monthly Price
Robinwood Apartments

Oria Lakeview Apartments

Total Monthly Price
Chelsea Park

Total Monthly Price
Robin Court

4331 N Thomas Ave, Unit 4331 Thomas

4329 N Thomas Ave, Unit 4329 Thomas Ave N

North Robbinsdale Apartments
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.

Cambridge Court Apartments

Granite Peaks

Point 47 Apartments (3501)

Calibre Chase

3927 W Broadway Ave

Xerxes Apartments

Twin Lake North

Wangstad Commons

Cedarwood Apartments

Copperfield Hill two
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 Willows Apartments

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Lake Pointe

Pebble Creek North

The Avenue Apartments

The BLVD Apartments

7021 Brooklyn Blvd

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Garden Gates

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Twin Lakes Apartments

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Eden Park Apartments

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Gateway Commons
Cash 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.

Sonder House

Total Monthly Price
Beach South at the Lake

Broadway Court Senior Apartments

The Reeve Lakeside

3417 65th Ave N

Birdtown Flats

Marvin Gardens

6808 Grimes Pl N

6812 Grimes Pl N

4225 Xenia Ave N, Unit 4227
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.

The Crest

The Point Apartments

5324-5340 Hanson Ct N

Beard Ave Apartments

4200 Lake Breeze Ave N

Sonder Point 50+ Apartments

Pebble Creek North

3737 Hubbard Ave. N- Windsor Court

Granite City Apartments

The Cavanagh
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.
Twin Lake, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Twin Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Twin Lake Studio Apartments | $1,311 | $995 | $1,595 |
| Twin Lake 1 Bedroom Apartments | $1,358 | $500 | $2,295 |
| Twin Lake 2 Bedroom Apartments | $1,676 | $1,250 | $2,845 |
| Twin Lake 3 Bedroom Apartments | $1,884 | $1,700 | $1,995 |
| Twin Lake 4 Bedroom Apartments | $2,700 | $2,700 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 2 mile radius of the Twin Lake Neighborhood of Minneapolis, MN.
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Twin Lake, Minneapolis, MN Local Guide
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Cheapest Available Twin Lake Apartments for Rent
 The cheapest available apartment rental in the Twin Lake area of Minneapolis, MN is a 1 Bed unit found at Allianze Sr. Community priced from $500. Cambridge Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. Here are the most affordable Twin Lake apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Allianze Sr. Community | 1 Bedroom 1 Bath | 1BR,1BA | $500 |
| Cambridge Court Apartments | 1-Bedroom | 1BR,1BA | $1,015 |
| Robinwood Apartments | 1-BR | 1BR,1BA | $1,029 |
| Pebble Creek North | One Bedroom | 1BR,1BA | $1,075 |
| Oria Lakeview Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,100 |
| The BLVD Apartments | The BLVD - 1 Bed / 1 Bath | 1BR,1BA | $1,149 |
| 6017 Bass Lake Rd | 1 bedroom | 1BR,1BA | $1,150 |
| Garden Gates | 1 Bedroom with Balcony | 1BR,1BA | $1,179 |
| Lake Pointe | Tonka 1st Floor Dog-Friendly | 1BR,1BA | $1,229 |
| Gateway Commons | One bedroom | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Twin Lake, MN
As of June 09, 2026 the best value apartment in the Twin Lake area is the $1.40 price per square foot 2SF Model at The Cavanagh in the in the Shingle Creek neighborhood starting from $1,619. The second greatest value Twin Lake apartment is the Twin Lake Model at Lake Pointe starting at $1,469 with a $1.55 price per square foot in the Shingle Creek neighborhood. Here is today’s list of the best values for Twin Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Cavanagh | 2SF | 2BR,2BA | $1.40 |
| Lake Pointe | Twin Lake | 2BR,1BA | $1.55 |
| Cambridge Court Apartments | 2-Bedroom | 2BR,1BA | $1.29 |
| The BLVD Apartments | The BLVD - 2 Bed / 1 Bath | 2BR,1BA | $1.70 |
| Beach South at the Lake | Meadows | 1BR,1BA | $1.71 |
| Garden Gates | 1 Bedroom with Balcony | 1BR,1BA | $1.57 |
| 6017 Bass Lake Rd | 1 bedroom | 1BR,1BA | $1.64 |
| Robinwood Apartments | 1-BR | 1BR,1BA | $1.49 |
| Pebble Creek North | One Bedroom | 1BR,1BA | $1.72 |
| Allianze Sr. Community | 1 Bedroom 1 Bath | 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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From 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 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.
Best Local Schools in Twin Lake, Minneapolis, MN
Insight School of Minnesota
School data provided by Great Schools
Frequently Asked Questions about Cheap Twin Lake Apartments
What is the price of a cheap apartment in Twin Lake?
The cheapest apartment in Twin Lake is Allianze Sr. Community which is listed at $500, while the average apartment in Twin Lake costs $2,700.
What types of apartments are the cheapest in Twin Lake?
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 15 regular apartments in Twin Lake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.