
Cheap Homes for Rent in Twin Lake Neighborhood of Minneapolis, MN from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Twin Lake area of Minneapolis.


4200 Lake Breeze Ave N

4225 Xenia Ave N, Unit 4227

4331 N Thomas Ave, Unit 4331 Thomas
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.

4329 N Thomas Ave, Unit 4329 Thomas Ave N

4357 45th Ave N

5109 48th Ave N

3829 Lake Dr, Unit Main Floor Unit
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.
Twin Lake, Minneapolis, MN Local Guide

How much does it cost to rent a home in Twin Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Twin Lake 2 Bedroom Homes for Rent | $1,622 | $1,250 | $1,995 |
| Twin Lake 3 Bedroom Homes for Rent | $2,438 | $1,995 | $2,800 |
| Twin Lake 4 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
| Twin Lake 5 Bedroom Homes for Rent | $3,625 | $3,250 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 |
Best Value Apartments for Rent in Twin Lake, MN
As of June 20, 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 2BR/1.0BA Model at 3737 Hubbard Ave. N- Windsor Court starting at $1,299 with a $1.30 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 |
| 3737 Hubbard Ave. N- Windsor Court | 2BR/1.0BA | 2BR,1BA | $1.30 |
| Garden Gates | 2 Bedroom with Balcony | 2BR,1BA | $1.48 |
| Lake Pointe | Twin Lake | 2BR,1BA | $1.55 |
| Eden Park Apartments | Nirvana | 2BR,1BA | $1.59 |
| Cambridge Court Apartments | 2-Bedroom | 2BR,1BA | $1.29 |
| The BLVD | The BLVD - 2 Bed / 1 Bath | 2BR,1BA | $1.70 |
| 6017 Bass Lake Rd | 1 bedroom | 1BR,1BA | $1.64 |
| Robinwood Apartments | 1-BR | 1BR,1BA | $1.49 |
| 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 Twin Lake
What type of rentals are currently available in Twin Lake?
There are currently 98 Apartments for Rent in Twin Lake, MN with pricing that ranges from $500 to $2,845. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Twin Lake ranging from $1,250 to $4,000.
What is the current price range for Rental Homes in Twin Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Twin Lake ranges from $1,250 to $4,000 with an average monthly rent of $2,746.
How much are larger Three and Four Bedroom Rentals in Twin Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Twin Lake range from $1,700 to $1,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $2,800. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $2,150.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.