Cheap Apartments for Rent in the University Of Minnesota Neighborhood of Minneapolis, MN from $400 (116 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
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Remington Apartments
Rent Specials
$745 - $1,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$745 - $1,300

Total Monthly Price
$745 - $1,300
Studio to 2 Bedroom Apartments Available Soon

Remington Apartments

708 5th St SEMinneapolis, MN 55414
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22 on the River
Rent Specials
$850 - $2,594
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850 - $2,594

Total Monthly Price
$850 - $2,594
Studio to 2 Bedroom Apartments Available Now

22 on the River

22 27th Ave SEMinneapolis, MN 55414
Student Housing
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315 11th Ave SE
$850 - $2,250
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $2,250

Total Monthly Price
$850 - $2,250
1 to 4 Bedroom Apartments Available Sep 1

315 11th Ave SE

315 11th Ave SEMinneapolis, MN 55414
Student Housing
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  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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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Five15 on the Park
$965 - $1,862
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$965 - $1,862

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Five15 on the Park

515 15th Ave SMinneapolis, MN 55454
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  • Low Income
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Cedars 94
$969 - $1,821
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$969 - $1,821

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Cedars 94

2220 E Franklin AveMinneapolis, MN 55404
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Studios at 7 Corners
$975 - $1,545
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925 - $1,495
Required Monthly Fees
$50

Total Monthly Price
$975 - $1,545
Studio to 2 Bedroom Apartments Available Now

Studios at 7 Corners

1414 S 3rd StMinneapolis, MN 55454
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Stone Arch II
Rent Specials
$1,123 - $1,350
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,123 - $1,350

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

Stone Arch II

520 2nd St SEMinneapolis, MN 55414
Affordability
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  • Low Income

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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The Denn of Dinkytown
$1,195 - $2,400
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $2,400

Total Monthly Price
$1,195 - $2,400
1 to 4 Bedroom Apartments Available Sep 1

The Denn of Dinkytown

815 13th Ave SEMinneapolis, MN 55414
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918 Fulton St SE, Unit 2
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
2 Bedroom Apartment Available Sep 1

918 Fulton St SE, Unit 2

918 Fulton St SEMinneapolis, MN 55414
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Fourth Street Housing Co-op
Rent Specials
$1,200 - $2,565
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $2,565

Total Monthly Price
$1,200 - $2,565
Studio to 3 Bedroom Apartments Available Sep 1

Fourth Street Housing Co-op

1227 4th St SEMinneapolis, MN 55414
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Mill City Quarter
Rent Specials
$1,213 - $1,462
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,209 - $1,458
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Mill City Quarter

300 S 2nd StMinneapolis, MN 55401
Transit Friendly
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Stone Arch I
Rent Specials
$1,303 - $1,699
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,299 - $1,695
Required Monthly Fees
Varies

Total Monthly Price
Varies
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
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MPA / Marcy Park Apartments
Rent Specials
$1,304 - $2,804
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $2,800
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 4 Bedroom Apartments Available Aug 5

MPA / Marcy Park Apartments

1015 8th StMinneapolis, MN 55414
Student Housing
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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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Luna
Rent Specials
$1,311 - $2,511
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295 - $2,495
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Luna

2520 8th St SMinneapolis, MN 55454
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Hencen
Rent Specials
$1,392 - $2,792
Total Monthly Price

Total Monthly Price

Base Rent
$1,212 - $2,612
Required Monthly Fees
$180

Total Monthly Price
$1,392 - $2,792
Studio to 2 Bedroom Apartments Available Now

Hencen

455 Central Ave SEMinneapolis, MN 55414
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926 Fulton St SE, Unit 1
$1,400
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400
2 Bedroom Apartment Available Sep 1

926 Fulton St SE, Unit 1

926 Fulton St SEMinneapolis, MN 55414
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MAX
$1,422 - $4,517
Total Monthly Price

Total Monthly Price

Base Rent
$1,405 - $4,500
Required Monthly Fees
$17

Total Monthly Price
$1,422 - $4,517
Studio to 3 Bedroom Apartments Available Soon

MAX

150 26th Ave SEMinneapolis, MN 55414
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Gopher Commons 1701
Rent Specials
$1,499 - $1,649
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,399 - $1,549
Required Monthly Fees
$100

Total Monthly Price
$1,499 - $1,649
2 Bedroom Apartments Available Now

Gopher Commons 1701

1701-1725 Elm St SEMinneapolis, MN 55414
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

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.

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7west
Rent Specials
$1,628 - $3,618
Total Monthly Price

Total Monthly Price

Base Rent
$1,620 - $3,610
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

7west

1800 Washington Ave SMinneapolis, MN 55454
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property at 1008 16th Ave SE

$1,680

Total Monthly Price

Total Monthly Price

Base Rent
$1,680

Total Monthly Price
$1,680

3 Bedroom, 2 Bath Home for Rent

Available Sep 1

1008 16th Ave SE

MinneapolisMN55414
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2108 25th Ave S, Unit 2
$1,695
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695
2 Bedroom Apartment Available Now

2108 25th Ave S, Unit 2

2108 25th Ave SMinneapolis, MN 55406
Cost Per Sq.Ft.
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property at 815 Weeks Ave SE

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 1 Bath Home for Rent

Available Jul 1

815 Weeks Ave SE

MinneapolisMN55414
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1012 8th St SE
1 Bedroom Apartments

1012 8th St SE

1012 8th St SEMinneapolis, MN 55414
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1315 7th St SE
1 Bedroom Apartments

1315 7th St SE

1315 7th St SEMinneapolis, MN 55414
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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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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 3 Beds unit found at Radius priced from $495. 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 ListingModel NameBed/BathPriced From
RadiusC53BR,2BA$495
Holmes Park Village2 Bedroom2BR,1BA$723
Remington ApartmentsStudio September Move InStudio,1BA$745
Seven CornersStudioStudio,1BA$760
814-8TH1BR/1.0BA1BR,1BA$790
Yugo Minneapolis 412 Lofts3 Bed, 2 Bath Classic3BR,2BA$809
Bridgewater CrossingsBWC Studio LargeStudio,1BA$850
Five15 on the ParkA2Studio,1BA$965
1215 4th Street SEStudio in Dinkytown - Heat & Parking Included!Studio,1BA$975
Studios at 7 Corners0BR/1.0BAStudio,1BA$975

Best Value Apartments for Rent in University Of Minnesota, MN

As of June 09, 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 3X35A Model at The Marshall starting at $909 with a $0.70 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.
Factory LoftsG2: 3 Bedrooms/3 Bathrooms3BR,3BA$0.52
The Marshall3X35A3BR,3.5BA$0.70
University VillageLarge 2B2B - Private2BR,2BA$0.88
Yugo The Sydney at Dinkytown2 Bed, 2 Bath DinkyDome Double2BR,2BA$0.46
The Bridges DinkytownB72BR,2BA$0.99
RadiusC23BR,2BA$0.81
The Knoll DinkytownB22BR,2BA$1.15
Yugo Minneapolis 412 Lofts2 Bed, 2 Bath Classic2BR,2BA$1.04
814-8TH1BR/1.0BA1BR,1BA$1.01
Bierman PlaceThe View - By-the-Bed2BR,1BA$1.16

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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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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Real 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.

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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.

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Pet Friendly Lifestyle
University Of Minnesota, Minneapolis, MN

Ranked #59

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $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 $3,736.

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 153 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 $1,144 which is $2,592 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

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Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.