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


Regent Place Apartments

Robinwood Apartments
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.

4207 Lakeside Ave N

The Avenue 401

Lake Pointe

The Point Apartments

Garden Gates
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.

Pebble Creek North Apartments

Gateway Commons

The Willows Apartments

BLVD Apartments
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.
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 | $1,204 | $995 | $1,460 |
| Twin Lake 1 Bedroom Apartments | $1,239 | $500 | $1,995 |
| Twin Lake 2 Bedroom Apartments | $1,482 | $1,045 | $2,595 |
| Twin Lake 3 Bedroom Apartments | $1,715 | $1,631 | $1,775 |
| Twin Lake 4 Bedroom Apartments | $2,430 | $2,344 | $2,474 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Twin Lake Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Twin Lake, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
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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. The Crest has the second lowest priced unit, which is a 1 Bed apartment currently listed from $988. Here are the most affordable Twin Lake apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Allianze Sr. Community | 1X1 | 1BR,1BA | $500 |
| The Crest | Classic Crest-1 Bedroom | 1BR,1BA | $988 |
| Garden Gates | Studio | Studio,1BA | $999 |
| Lake Pointe | Studio | Studio,1BA | $999 |
| Robinwood Apartments | 1-BR | 1BR,1BA | $1,029 |
Best Value Apartments for Rent in Twin Lake, MN
As of November 01, 2025 the best value apartment in the Twin Lake area is the $1.48 price per square foot One Bedroom Model at Pebble Creek North Apartments in the in the Becker neighborhood starting from $1,295. The second greatest value Twin Lake apartment is the Summit Model at Granite Peaks starting at $1,295 with a $1.52 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. |
|---|---|---|---|
| Pebble Creek North Apartments | One Bedroom | 1BR,1BA | $1.48 |
| Granite Peaks | Summit | 2BR,1BA | $1.52 |
| Chelsea Park | Robin | 1BR,1BA | $1.25 |
| Xerxes Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.43 |
| Sonder Point 50+ Apartments | 1 Bedroom A3-H | 1BR,1BA | $1.64 |
| The Willows Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1.43 |
| Robinwood Apartments | 1-BR | 1BR,1BA | $1.49 |
| Lake Pointe | Studio | Studio ,1BA | $1.54 |
| Garden Gates | Studio | Studio ,1BA | $1.67 |
| Allianze Sr. Community | 1X1 | 1BR,1BA | $1.25 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 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 LifestyleTwin Lake, Minneapolis, MN
Ranked #132
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Twin Lake, Minneapolis, MN
Insight School of Minnesota
School data provided by Great Schools
Getting Around the Twin Lake Neighborhood in Minneapolis, MN
Walk Score®
53 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
60 / 100
Bikeable
Some bike infrastructure
Transit Score®
43 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Twin Lake Apartments
What is a cheap apartment in Twin Lake?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Twin Lake is under $1,131.
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 $4,446.
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 7 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
Helpful Apartment Articles, How-To's and Tips
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.

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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.








