Cheap Apartments for Rent in the University Of Minnesota Neighborhood of Minneapolis, MN from $400 (92 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

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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Studios at 7 Corners
$945 - $1,045
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895 - $995
Required Monthly Fees
$50

Total Monthly Price
$945 - $1,045
Studio Apartments Available Now

Studios at 7 Corners

1414 S 3rd StMinneapolis, MN 55454
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Yale Place
$961
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925
Required Monthly Fees
$36

Total Monthly Price
$961
1 Bedroom Apartments Available Jan 1, 2026

Yale Place

48 27th Ave SEMinneapolis, MN 55414
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Cedars 94
Rent Specials
$968 - $1,830
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$959 - $1,821
Required Monthly Fees
$9

Total Monthly Price
$968 - $1,830
Studio to 2 Bedroom Apartments Available Now

Cedars 94

2220 E Franklin AveMinneapolis, MN 55404
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Chateau Student Housing Cooperative
Rent Specials
$1,038 - $2,725
Total Monthly Price

Total Monthly Price

Base Rent
$1,038 - $2,725

Total Monthly Price
$1,038 - $2,725
Studio to 4 Bedroom Apartments Available Now

Chateau Student Housing Cooperative

425 13th Ave SEMinneapolis, MN 55414
Student Housing
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  • Utilities Included

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

629 6th St SE

MinneapolisMN55414
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Riverside Flats
Rent Specials
$1,116 - $1,216
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,200
Required Monthly Fees
$16

Total Monthly Price
$1,116 - $1,216
1 Bedroom Apartments Available Now

Riverside Flats

940 Franklin TerMinneapolis, MN 55406
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Marko Apartments
$1,125 - $2,025
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050 - $1,950
Required Monthly Fees
$75

Total Monthly Price
$1,125 - $2,025
Studio to 1 Bedroom Apartments Available Now

Marko Apartments

711 8th St SEMinneapolis, MN 55414
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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.

property at 701 6th St SE

701 6th St SE

MinneapolisMN55414
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Hencen
Rent Specials
$1,272 - $2,781
Total Monthly Price

Total Monthly Price

Base Rent
$1,092 - $2,601
Required Monthly Fees
$180

Total Monthly Price
$1,272 - $2,781
Studio to 2 Bedroom Apartments Available Now

Hencen

455 Central Ave SEMinneapolis, MN 55414
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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.

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Gopher Commons 1701
Rent Specials
$1,349 - $1,575
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,249 - $1,475
Required Monthly Fees
$100

Total Monthly Price
$1,349 - $1,575
2 Bedroom Apartments Available Now

Gopher Commons 1701

1701-1725 Elm St SEMinneapolis, MN 55414
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Spectrum Apartments & Townhomes
$1,379 - $2,749
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $2,745
Required Monthly Fees
$4

Total Monthly Price
$1,379 - $2,749
1 to 4 Bedroom Apartments Available Now

Spectrum Apartments & Townhomes

815 9th Ave SEMinneapolis, MN 55414
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property at 924 21st Ave S

924 21st Ave S

MinneapolisMN55404
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Huron Estates
Studio to 2 Bedroom Apartments

Huron Estates

614 Huron Blvd SEMinneapolis, MN 55414
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Tairrie House
Studio to 4 Bedroom Apartments

Tairrie House

609 Oak St SEMinneapolis, MN 55414
Student Housing
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Holmes Park Village
1 to 3 Bedroom Apartments

Holmes Park Village

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

Riverside Plaza

1524 6th StMinneapolis, MN 55413
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 4 Beds unit found at Radius priced from $479. Yugo Minneapolis Sydney Hall has the second lowest priced unit, which is a 2 Beds apartment currently listed from $489. Here are the most affordable University Of Minnesota apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
RadiusD54BR,3BA$479
Yugo Minneapolis Sydney Hall2 Bed, 2 Bath DinkyDome Double Renovated2BR,2BA$489
Holmes Park Village2 Bedroom2BR,1BA$723
The Remington Campus ApartmentsSTUDIOStudio,1BA$745
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
Blue Goose CooperativeThe Painted BuntingStudio,1BA$850
Bridgewater CrossingsBWC Studio LargeStudio,1BA$850

Best Value Apartments for Rent in University Of Minnesota, MN

As of October 24, 2025 the best value apartment in the University Of Minnesota area is the $0.78 price per square foot The Augsburg Model at Minnehaha 94 in the in the Cedar-Riverside neighborhood starting from $1,189. The second greatest value University Of Minnesota apartment is the G2: 3 Bedrooms/3 Bathrooms Model at Factory Lofts starting at $745 with a $0.50 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.
Minnehaha 94The Augsburg3BR,2.5BA$0.78
Factory LoftsG2: 3 Bedrooms/3 Bathrooms3BR,3BA$0.50
RadiusD24BR,2BA$0.63
Bierman PlaceThe Quad - By-the-bed4BR,2BA$0.65
The Chalet22BR,1BA$1.35
904-9121BR/1.0BA1BR,1BA$1.11
The Marshall2DX2B2BR,2BA$0.78
Stadium Village Apartments1 Bed1BR,1BA$1.37
814-8TH0BR/1.0BAStudio ,1BA$1.17
The Remington Campus ApartmentsSTUDIOStudio ,1BA$1.35

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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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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Quick 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.

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Pet Friendly Lifestyle
University Of Minnesota, Minneapolis, MN

Ranked #58

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 $850.

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 $5,400.

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 212 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 $804 which is $4,596 cheaper than the average rent for all rentals in University Of Minnesota.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.