
Cheap Apartments for Rent in the Twin Lakes Neighborhood of Minneapolis, MN from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Twin Lakes area of Minneapolis.


Carrington Drive

Regent Place Apartments

Robinwood Apartments

Total Monthly Price
Chelsea Park

Granite Creek

Oria Lakeview 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.

Northumberland Apartments

Kings Manor Apartments

Lux Apartments

4207 Lakeside Ave N

Huntington Place

Bass Lake Crossing
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.

Lake Pointe

The Point Apartments

Garden Gates

Tradewinds Apartments

The Willows Apartments

Total Monthly Price
Eden Park Apartments

Pebble Creek North Apartments
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.

The Avenue 401

Wingate Apartments

Gateway Commons

BLVD Apartments

Douglas Drive Terrace

Ridgebrook Apartments

Total Monthly Price
Beach South at the Lake
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

Park Place off Broadway

Total Monthly Price
Royal Oaks Apartments
Twin Lakes, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Twin Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Twin Lakes Studio Apartments | $1,156 | $977 | $1,425 |
| Twin Lakes 1 Bedroom Apartments | $1,070 | $500 | $1,995 |
| Twin Lakes 2 Bedroom Apartments | $1,442 | $1,165 | $2,995 |
| Twin Lakes 3 Bedroom Apartments | $2,105 | $1,600 | $2,775 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 1 mile radius of the Twin Lakes Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Twin Lakes, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Allianze Sr. Community | 1X1 | 1BR,1BA | $500 |
| Huntington Place | 1 Bedroom, Top Level Silver, Income Restrictions | 1BR,1BA | $975 |
| Regent Place Apartments | Studio | Studio,1BA | $995 |
| Garden Gates | Studio | Studio,1BA | $999 |
| Robinwood Apartments | 1-BR | 1BR,1BA | $999 |
| Lake Pointe | Studio | Studio,1BA | $999 |
| Bass Lake Crossing | 1bed | 1BR,1BA | $999 |
| Tradewinds Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,025 |
| Eden Park Apartments | Eden | 1BR,1BA | $1,031 |
| Pebble Creek North Apartments | One Bedroom | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Twin Lakes, MN
As of December 22, 2025 the best value apartment in the Twin Lakes area is the $0.86 price per square foot 4136 Girard Ave N Model at 4136 Girard Ave N, Unit 4136 in the in the Shingle Creek neighborhood starting from $1,650. The second greatest value Twin Lakes apartment is the Two Bedroom - C Model at The Cavanagh 55+ Apartments starting at $1,698 with a $1.35 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4136 Girard Ave N, Unit 4136 | 4136 Girard Ave N | 3BR,2BA | $0.86 |
| The Cavanagh 55+ Apartments | Two Bedroom - C | 2BR,2BA | $1.35 |
| Bass Lake Crossing | 2bed | 2BR,1BA | $1.00 |
| 4225 Emerson Ave N, Unit 4225 Emerson Ave. N | 4225 Emerson Ave N | 2BR,1BA | $1.44 |
| Kings Manor Apartments | Two Bedroom | 2BR,1BA | $1.32 |
| Tradewinds Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.11 |
| Chelsea Park | Dale | 2BR,1BA | $1.40 |
| Ridgebrook Apartments | 2x1 Creek Full- Call For Availability | 2BR,1BA | $1.42 |
| Pebble Creek North Apartments | One Bedroom | 1BR,1BA | $1.23 |
| Allianze Sr. Community | 1X1 | 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 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 Lakes, Minneapolis, MN
Ranked #100
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,075.
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 $1,875.
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 282 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 $436 which is $1,439 cheaper than the average rent for all rentals in Twin Lakes.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

