Cheap Apartments for Rent in the Twin Lakes Neighborhood of Minneapolis, MN from $500 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Twin Lakes area of Minneapolis.

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Oria Lakeview Apartments
Rent Specials
$1,140 - $1,390
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,350
Required Monthly Fees
$40

Total Monthly Price
$1,140 - $1,390
1 to 2 Bedroom Apartments Available Now

Oria Lakeview Apartments

3601 47th Ave NMinneapolis, MN 55422
Affordability
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 4207 Lakeside Ave N

4207 Lakeside Ave N

MinneapolisMN55429

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Eden Park Apartments
Rent Specials
$1,131 - $1,756
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,720
Required Monthly Fees
$36

Total Monthly Price
$1,131 - $1,756
1 to 3 Bedroom Apartments Available Now

Eden Park Apartments

6455 Zane Ave NBrooklyn Park, MN 55429
Family Friendly
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  • Customer Reviewed
  • Utilities Included
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Beach South at the Lake
Rent Specials
$1,154 - $4,614
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $4,610
Required Monthly Fees
$4

Total Monthly Price
$1,154 - $4,614
Studio to 4 Bedroom Apartments Available Now

Beach South at the Lake

4199 46th Ave NRobbinsdale, MN 55422
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  • Utilities Included
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Royal Oaks Apartments
Rent Specials
$1,194 - $1,799
Total Monthly Price

Total Monthly Price

Base Rent
$1,180 - $1,785
Required Monthly Fees
$14

Total Monthly Price
$1,194 - $1,799
Studio to 2 Bedroom Apartments Available Now

Royal Oaks Apartments

8015 36th Ave NNew Hope, MN 55427
Senior Living
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Beard Ave Apartments
Studio to 2 Bedroom Apartments

Beard Ave Apartments

6101 Beard Ave NBrooklyn Center, MN 55429
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Twin Lakes, Minneapolis, MN Local Guide

Cheapest Available Twin Lakes Apartments for Rent

 

The cheapest available apartment rental in the Twin Lakes area of Minneapolis, MN is a 1 Bed unit found at Allianze Sr. Community priced from $500. Huntington Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Twin Lakes apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Allianze Sr. Community1X11BR,1BA$500
Huntington Place1 Bedroom, Top Level Silver, Income Restrictions1BR,1BA$975
Regent Place ApartmentsStudioStudio,1BA$995
Garden GatesStudioStudio,1BA$999
Lake PointeStudioStudio,1BA$999
Bass Lake Crossing1bed1BR,1BA$999
Kings Manor1bed1BR,1BA$999
Tradewinds Apartments1 Bed 1 Bath1BR,1BA$1,010
Robinwood Apartments1-BR1BR,1BA$1,029
Pebble Creek North ApartmentsTwo Bedroom2BR,1BA$1,045

Best Value Apartments for Rent in Twin Lakes, MN

As of November 06, 2025 the best value apartment in the Twin Lakes area is the $1.04 price per square foot 2bed Model at Bass Lake Crossing in the in the Becker neighborhood starting from $1,250. The second greatest value Twin Lakes apartment is the 4225 Emerson Ave N Model at 4225 Emerson Ave N, Unit 4225 Emerson Ave. N starting at $1,725 with a $1.44 price per square foot in the Shingle Creek neighborhood. Here is today’s list of the best values for Twin Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bass Lake Crossing2bed2BR,1BA$1.04
4225 Emerson Ave N, Unit 4225 Emerson Ave. N4225 Emerson Ave N2BR,1BA$1.44
Kings Manor2bed2BR,1BA$1.14
Tradewinds Apartments2 Bed 1 Bath2BR,1BA$1.30
Pebble Creek North ApartmentsOne Bedroom1BR,1BA$1.48
Xerxes Apartments2 Bedroom 1 Bath2BR,1BA$1.43
Wingate Apartments1-bedroom1BR,1BA$1.41
The Willows Apartments1 Bedroom/1 Bath1BR,1BA$1.43
Robinwood Apartments1-BR1BR,1BA$1.49
Allianze Sr. Community1X11BR,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.

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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.

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The 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.

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Enjoy 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.

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Pet Friendly Lifestyle
Twin Lakes, Minneapolis, MN

Ranked #98

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Twin Lakes Apartments

What is a cheap apartment in Twin Lakes?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Twin Lakes is under $1,045.

What is the price of a cheap apartment in Twin Lakes?

The cheapest apartment in Twin Lakes is Allianze Sr. Community which is listed at $500, while the average apartment in Twin Lakes costs $2,474.

What types of apartments are the cheapest in Twin Lakes?

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 78 regular apartments in Twin Lakes 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 Twin Lakes?

Cheap apartments in Twin Lakes have an average cost of $337 which is $2,137 cheaper than the average rent for all rentals in Twin Lakes.

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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.