Cheap Apartments for Rent in the Twin Lakes Neighborhood of Minneapolis, MN from $500 (29 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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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.

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Chelsea Park
$1,165 - $1,560
Total Monthly Price

Total Monthly Price

Base Rent
$1,165 - $1,560
Total Monthly Price
$1,165 - $1,560
1 to 2 Bedroom Apartments Contact Us For Availability

Chelsea Park

4200 45th Ave NMinneapolis, MN 55422
Affordability
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  • Customer Reviewed
  • Utilities Included

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Lake Pointe
Rent Specials
$1,069 - $1,259
Total Monthly Price

Total Monthly Price

Base Rent
$1,069 - $1,259
Total Monthly Price
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1 Bedroom Apartments Available Jul 1

Lake Pointe

3413-3433 53rd Ave NBrooklyn Center, MN 55429
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Eden Park Apartments
$1,141 - $1,526
Total Monthly Price

Total Monthly Price

Base Rent
$1,105 - $1,490
Required Monthly Fees
$36
Total Monthly Price
$1,141 - $1,526
1 to 3 Bedroom Apartments Available Now

Eden Park Apartments

6455 Zane Ave NBrooklyn Park, MN 55429
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  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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The Birchway Apartments
Rent Specials
$1,192 - $1,712
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,670
Required Monthly Fees
$42
Total Monthly Price
$1,192 - $1,712
1 to 3 Bedroom Apartments Available Now

The Birchway Apartments

5716 Winnetka Ave NNew Hope, MN 55428
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  • Utilities Included

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Beard Ave Apartments
Studio to 2 Bedroom Apartments

Beard Ave Apartments

6101 Beard Ave NBrooklyn Center, MN 55429
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Showing Results 1-29, Page 1 of 1

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. Kings Manor Apartments has the second lowest priced unit, which is a Studio 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. Community1 Bedroom 1 Bath1BR,1BA$500
Kings Manor ApartmentsStudioStudio,1BA$975
Regent Place Apartments Hwy 100StudioStudio,1BA$995
Tradewinds Apartments1 Bed 1 Bath1BR,1BA$995
6017 Bass Lake RdStudioStudio,1BA$1,000
Robinwood Apartments1-BR1BR,1BA$1,029
Pebble Creek North ApartmentsOne Bedroom1BR,1BA$1,075
Ridgebrook Apartments1x1 Brook Standard-Call For Availability1BR,1BA$1,100
Oria Lakeview Apartments1 Bedroom 1 Bath1BR,1BA$1,100
The BLVD ApartmentsThe BLVD - 1 Bed / 1 Bath1BR,1BA$1,149

Best Value Apartments for Rent in Twin Lakes, MN

As of May 13, 2026 the best value apartment in the Twin Lakes area is the $1.10 price per square foot 2 Bedroom Model at Bass Lake Crossing in the in the Becker neighborhood starting from $1,324. 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 $1,600 with a $1.33 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 Crossing2 Bedroom2BR,1BA$1.10
4225 Emerson Ave N, Unit 4225 Emerson Ave. N4225 Emerson Ave N2BR,1BA$1.33
The Cavanagh2SF2BR,2BA$1.40
Tradewinds Apartments2 Bed 2 Bath2BR,2BA$1.16
Ridgebrook Apartments2x1 Creek Full- Call For Availability2BR,1BA$1.42
Eden Park ApartmentsNirvana2BR,1BA$1.58
Pebble Creek North ApartmentsOne Bedroom1BR,1BA$1.23
Wingate Apartments1-bedroom1BR,1BA$1.55
Robinwood Apartments1-BR1BR,1BA$1.49
Allianze Sr. Community1 Bedroom 1 Bath1BR,1BA$1.25

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 $1,149.

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 $1,805.

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 101 regular apartments in Twin Lakes 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.

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