
Cheap Apartments for Rent in the University Of Minnesota Neighborhood of Minneapolis, MN from $400 (90 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Of Minnesota area of Minneapolis.


1316 7th St SE

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Remington Apartments

Seven Corners

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Bridgewater Crossings

St. Anthony Village

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22 on the River

Blue Goose Cooperative

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315 11th Ave SE

409 University Ave SE
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.

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Campus Apartments 700-727 University SE

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Studios at 7 Corners

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Five15 on the Park

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Cedars 94

615 15th Ave SE

530 SE 5th St

Riverside Homes

Local 15

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Fourth Street Co-op Apartments

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The Denn of Dinkytown
Rent According to Income: A Look at Income-Restricted Rentals
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317 6th Ave SE

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Mill City Quarter

Stadium Village Apartments

The Endurance

Karinsplass Apartments

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Luna Apartments

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Hencen

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Thornton Place Apartments

Minnehaha 94

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Stone Arch I
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.

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926 Fulton St SE, Unit 1

1008 26th Ave SE

1012 8th St SE

1315 7th St SE

Huron Estates

Marcy Park Student Housing Co-op

Holmes Park Village

Riverside Plaza

Remmington Campus Apartments

720 6th Ave SE
University Of Minnesota - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

709 7th St SE

814-8TH

904-912

Marshall Student Housing Co-op

Wadaag Commons

327 University Ave SE

Tairrie House

University Court

800 University Ave of Marcy Holmes

Hedberg Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
University Of Minnesota, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in University Of Minnesota?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Of Minnesota Studio Apartments | $1,324 | $745 | $2,295 |
| University Of Minnesota 1 Bedroom Apartments | $1,601 | $850 | $4,180 |
| University Of Minnesota 2 Bedroom Apartments | $2,038 | $484 | $9,228 |
| University Of Minnesota 3 Bedroom Apartments | $2,426 | $739 | $9,503 |
| University Of Minnesota 4 Bedroom Apartments | $1,985 | $649 | $3,500 |
| University Of Minnesota 5 Bedroom Apartments | $3,312 | $2,500 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 90 rentals with your search options within a 1 mile radius of the University Of Minnesota Neighborhood of Minneapolis, MN.
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University Of Minnesota, Minneapolis, MN Local Guide
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Cheapest Available University Of Minnesota Apartments for Rent
 The cheapest available apartment rental in the University Of Minnesota area of Minneapolis, MN is a 3 Beds unit found at Radius priced from $599. Holmes Park Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $723. Here are the most affordable University Of Minnesota apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Radius | C4 | 3BR,2BA | $599 |
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| Remington Apartments | Studio September Move In | Studio,1BA | $745 |
| Seven Corners | Studio | Studio,1BA | $760 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $790 |
| Yugo Minneapolis 412 Lofts | 3 Bed, 2 Bath Classic | 3BR,2BA | $809 |
| Bridgewater Crossings | BWC-2020 1 Bedroom Open Kitchen Floor Type | 1BR,1BA | $945 |
| Yale Place | 1bd Apartment: Yale Place | 1BR,1BA | $956 |
| Five15 on the Park | A2 | Studio,1BA | $965 |
| 1215 4th Street SE | Studio in Dinkytown - Heat & Parking Included! | Studio,1BA | $975 |
Best Value Apartments for Rent in University Of Minnesota, MN
As of July 25, 2026 the best value apartment in the University Of Minnesota area is the $0.52 price per square foot G2: 3 Bedrooms/3 Bathrooms Model at Factory Lofts in the in the University Of Minnesota neighborhood starting from $776. The second greatest value University Of Minnesota apartment is the Large 2B2B - Private Model at University Village starting at $1,075 with a $0.88 price per square foot in the University Of Minnesota neighborhood. Here is today’s list of the best values for University Of Minnesota apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Factory Lofts | G2: 3 Bedrooms/3 Bathrooms | 3BR,3BA | $0.52 |
| University Village | Large 2B2B - Private | 2BR,2BA | $0.88 |
| The Bridges Dinkytown | B10 | 2BR,2BA | $0.79 |
| Hub Minneapolis | 2Dx2 | 2BR,2BA | $1.19 |
| Yugo The Sydney at Dinkytown | 2 Bed, 2 Bath DinkyDome Double | 2BR,2BA | $0.47 |
| Bierman Place | The Quad - By-the-bed | 4BR,2BA | $0.53 |
| Radius | C2 | 3BR,2BA | $0.86 |
| Yugo Minneapolis 412 Lofts | 2 Bed, 2 Bath Classic | 2BR,2BA | $1.04 |
| The Arrow Apartments | 2.2S-Furnished | 2BR,2BA | $0.99 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $1.01 |
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.
Pet Friendly LifestyleUniversity Of Minnesota, Minneapolis, MN
Ranked #60
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team compares millions of points of data to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Minneapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap University Of Minnesota Apartments
What is a cheap apartment in University Of Minnesota?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Of Minnesota is under $975.
What is the price of a cheap apartment in University Of Minnesota?
The cheapest apartment in University Of Minnesota is 814-8TH which is listed at $790, while the average apartment in University Of Minnesota costs $3,475.
What types of apartments are the cheapest in University Of Minnesota?
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 137 regular apartments in University Of Minnesota 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 University Of Minnesota?
Cheap apartments in University Of Minnesota have an average cost of $1,376 which is $2,099 cheaper than the average rent for all rentals in University Of Minnesota.
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

Authentic Minneapolis: An Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.