Cheap Apartments for Rent in the University Of Minnesota Neighborhood of Minneapolis, MN from $400 (93 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University Of Minnesota area of Minneapolis.

property at 1316 7th St SE

$650 - $725

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

12 Bedroom Rentals

Available Now

1316 7th St SE

MinneapolisMN55414

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.

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Yale Place
Rent Specials
$916
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895
Required Monthly Fees
$21

Total Monthly Price
$916
Studio Apartments Available Feb 1

Yale Place

48 27th Ave SEMinneapolis, MN 55414
Affordability
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Studios at 7 Corners
$925 - $945
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$875 - $895
Required Monthly Fees
$50

Total Monthly Price
$925 - $945
Studio Apartments Available Now

Studios at 7 Corners

1414 S 3rd StMinneapolis, MN 55454
Pet Friendly
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  • 3D Tour
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Cedars 94
Rent Specials
$964 - $1,826
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$959 - $1,821
Required Monthly Fees
$5

Total Monthly Price
$964 - $1,826
Studio to 2 Bedroom Apartments Available Now

Cedars 94

2220 E Franklin AveMinneapolis, MN 55404
Corporate Housing
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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.

property at 629 6th St SE

$1,100 - $2,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 To 3 Bedroom Rentals

Available Sep 1

629 6th St SE

MinneapolisMN55414
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Riverside Flats
$1,116
Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Required Monthly Fees
$16

Total Monthly Price
$1,116
1 Bedroom Apartments Available Mar 1

Riverside Flats

940 Franklin TerMinneapolis, MN 55406
Transit Friendly
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  • Utilities Included
  • 3D Tour
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Como Court
Rent Specials
$1,153 - $1,243
Total Monthly Price

Total Monthly Price

Base Rent
$1,149 - $1,239
Required Monthly Fees
$4

Total Monthly Price
$1,153 - $1,243
1 Bedroom Apartments Available Now

Como Court

1005 15th Ave SEMinneapolis, MN 55414
Transit Friendly
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property at 515 5th St SE

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

515 5th St SE

MinneapolisMN55414
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Marko Apartments
$1,225 - $1,350
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150 - $1,275
Required Monthly Fees
$75

Total Monthly Price
$1,225 - $1,350
Studio to 1 Bedroom Apartments Available Now

Marko Apartments

711 8th St SEMinneapolis, MN 55414
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Luna
$1,241 - $3,442
Total Monthly Price

Total Monthly Price

Base Rent
$1,241 - $3,442

Total Monthly Price
$1,241 - $3,442
Studio to 2 Bedroom Apartments Available Now

Luna

2520 8th St SMinneapolis, MN 55454
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Stone Arch I
Rent Specials
$1,243 - $1,739
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,199 - $1,695
Required Monthly Fees
$44

Total Monthly Price
$1,243 - $1,739
Studio to 2 Bedroom Apartments Available Now

Stone Arch I

601-701 Main St SEMinneapolis, MN 55414
Corporate Housing
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  • Customer Reviewed
  • Low Income

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.

property at 924 21st Ave S

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom Rentals

Available Now

924 21st Ave S

MinneapolisMN55404
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Spectrum Apartments & Townhomes
$1,299 - $2,899
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $2,895
Required Monthly Fees
$4

Total Monthly Price
$1,299 - $2,899
Studio to 4 Bedroom Apartments Available Now

Spectrum Apartments & Townhomes

815 9th Ave SEMinneapolis, MN 55414
Student Housing
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Mill City Quarter
Rent Specials
$1,303 - $1,454
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,299 - $1,450
Required Monthly Fees
$4

Total Monthly Price
$1,303 - $1,454
1 to 2 Bedroom Apartments Available Now

Mill City Quarter

300 S 2nd StMinneapolis, MN 55401
Transit Friendly
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  • Utilities Included
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MPA / Marcy Park Apartments
Rent Specials
$1,304 - $2,503
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $2,499
Required Monthly Fees
$4

Total Monthly Price
$1,304 - $2,503
1 to 4 Bedroom Apartments Available Now

MPA / Marcy Park Apartments

1015 8th StMinneapolis, MN 55414
Family Friendly
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Gopher Commons 1701
Rent Specials
$1,349 - $1,599
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,249 - $1,499
Required Monthly Fees
$100

Total Monthly Price
$1,349 - $1,599
2 Bedroom Apartments Available Now

Gopher Commons 1701

1701-1725 Elm St SEMinneapolis, MN 55414
Student Housing
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property at 1311-1313 Franklin Ave SE

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Sep 1

1311-1313 Franklin Ave SE

MinneapolisMN55414

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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Hencen
Rent Specials
$1,397 - $2,686
Total Monthly Price

Total Monthly Price

Base Rent
$1,217 - $2,506
Required Monthly Fees
$180

Total Monthly Price
$1,397 - $2,686
Studio to 2 Bedroom Apartments Available Now

Hencen

455 Central Ave SEMinneapolis, MN 55414
Transit Friendly
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  • Utilities Included
property at 509 6th St SE

$1,400 - $1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 To 4 Bedroom Rentals

Available Aug 14

509 6th St SE

MinneapolisMN55414
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Huron Estates
Studio to 2 Bedroom Apartments

Huron Estates

614 Huron Blvd SEMinneapolis, MN 55414
  • Utilities Included
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Holmes Park Village
1 to 3 Bedroom Apartments

Holmes Park Village

320 2nd Ave SEMinneapolis, MN 55414
  • Utilities Included
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Riverside Plaza
Studio to 4 Bedroom Apartments

Riverside Plaza

1524 6th StMinneapolis, MN 55413
  • Utilities Included
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720 6th Ave SE
Studio to 2 Bedroom Apartments

720 6th Ave SE

720 6th Ave SEMinneapolis, MN 55414
  • 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.

University Of Minnesota, Minneapolis, MN Local Guide

Cheapest Available University Of Minnesota Apartments for Rent

 

The cheapest available apartment rental in the University Of Minnesota area of Minneapolis, MN is a 2 Beds unit found at Yugo The Sydney at Dinkytown priced from $489. Radius has the second lowest priced unit, which is a 3 Beds apartment currently listed from $495. Here are the most affordable University Of Minnesota apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Yugo The Sydney at Dinkytown2 Bed, 2 Bath DinkyDome Double Renovated2BR,2BA$489
RadiusC53BR,2BA$495
Holmes Park Village2 Bedroom2BR,1BA$723
Seven CornersStudioStudio,1BA$727
The Remington Campus ApartmentsSTUDIOStudio,1BA$745
Sela Campus University ApartmentsEfficiencyStudio,1BA$750
814-8TH1BR/1.0BA1BR,1BA$760
904-9120BR/1.0BAStudio,1BA$780
Wadaag Commons2 BR Townhome2BR,1BA$796
Yugo Minneapolis 412 Lofts3 Bed, 2 Bath Classic3BR,2BA$799

Best Value Apartments for Rent in University Of Minnesota, MN

As of January 23, 2026 the best value apartment in the University Of Minnesota area is the $1.36 price per square foot 629 Oak St SE Model at 629 Oak St SE, Unit Unit 2 in the in the Cedar-Riverside neighborhood starting from $3,650. The second greatest value University Of Minnesota apartment is the D: 4 Bedrooms/4 Bathrooms Model at Factory Lofts starting at $890 with a $0.45 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 ListingModel NameBed/BathPrice Per Sq.Ft.
629 Oak St SE, Unit Unit 2629 Oak St SE5BR,2BA$1.36
Factory LoftsD: 4 Bedrooms/4 Bathrooms4BR,4BA$0.45
Minnehaha 94The Augsburg3BR,2.5BA$1.36
Thornton Place Apartments2bd Apartment: Thornton Place2BR,1.5BA$1.48
RadiusC33BR,2BA$0.86
Sela Campus University Apartments2 Bedroom2BR,1BA$1.28
904-9122BR/1.0BA2BR,1BA$1.26
814-8TH0BR/1.0BAStudio ,1BA$1.17
912 22nd Ave1 Bedroom 1 Bath - 912 22nd Ave1BR,1BA$1.45
The Remington Campus ApartmentsSTUDIOStudio ,1BA$1.35

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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 $799.

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 $760, while the average apartment in University Of Minnesota costs $4,500.

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 312 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 $948 which is $3,552 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

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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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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.

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.

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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.