
Cheap Apartments for Rent in the University Of Minnesota Neighborhood of Minneapolis, MN from $400 (87 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Of Minnesota area of Minneapolis.


Remington Apartments

Bridgewater Crossings

Sela Campus University Apartments

Wadaag Commons

St. Anthony Village

22 on the River

Blue Goose Cooperative

Stadium Village Apartments

912 22nd Ave
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.

Yale Place

Campus East Apartments: Your Perfect Home Near U of M Twin Cities!

Studios at 7 Corners

Cedars 94

The Endurance

Seven Corners

409 University Ave SE

Stone Arch II

Riverside Homes

Riverside Flats
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.

The Denn of Dinkytown

Stone Arch I

Local 15

924 21st Ave S

Luna Apartments

Spectrum Apartments & Townhomes

Thornton Place Apartments

Karinsplass Apartments

Fourth Street Co-op Apartments

Mill City Quarter
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.

MPA / Marcy Park Apartments

Five15 on the Park

Total Monthly Price
Gopher Commons 1701

1311-1313 Franklin Ave SE

509 6th St SE

Huron Estates

Marcy Park Student Housing Co-op

Holmes Park Village

Riverside Plaza

Remmington Campus Apartments
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.

720 6th Ave SE

814-8TH

Marshall Student Housing Co-op

327 University Ave SE

Tairrie House

904-912

University Court

315 11th Ave SE

800 University Ave of Marcy Holmes

Hedberg Apartments
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

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 | $1,307 | $745 | $1,828 |
| University Of Minnesota 1 Bedroom Apartments | $1,579 | $885 | $2,567 |
| University Of Minnesota 2 Bedroom Apartments | $1,924 | $469 | $8,971 |
| University Of Minnesota 3 Bedroom Apartments | $1,923 | $495 | $9,246 |
| University Of Minnesota 4 Bedroom Apartments | $1,509 | $535 | $3,500 |
| University Of Minnesota 5 Bedroom Apartments | $3,113 | $2,600 | $3,450 |
Browse Apartments in this Neighborhood
There are currently 87 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
- Nearby Minneapolis neighborhoods
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yugo The Sydney at Dinkytown | 2 Bed, 2 Bath DinkyDome Double Renovated | 2BR,2BA | $489 |
| Radius | C5 | 3BR,2BA | $495 |
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| Remington Apartments | Studio September Move In | Studio,1BA | $745 |
| Bridgewater Crossings | BWC -2111 Small Studio | Studio,1BA | $750 |
| Sela Campus University Apartments | Efficiency | Studio,1BA | $750 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $760 |
| Bierman Place | The Park - By-the-bed | 2BR,1BA | $795 |
| Wadaag Commons | 2 BR Townhome | 2BR,1BA | $796 |
| Yugo Minneapolis 412 Lofts | 3 Bed, 2 Bath Classic | 3BR,2BA | $809 |
Best Value Apartments for Rent in University Of Minnesota, MN
As of March 10, 2026 the best value apartment in the University Of Minnesota area is the $1.16 price per square foot 516 4th Ave SE Model at 516 4th Ave SE, Unit 516 in the in the University Of Minnesota neighborhood starting from $2,900. The second greatest value University Of Minnesota apartment is the 715 6th Ave SE Model at 715 6th Ave SE, Unit Upper starting at $2,600 with a $1.30 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. |
|---|---|---|---|
| 516 4th Ave SE, Unit 516 | 516 4th Ave SE | 6BR,2BA | $1.16 |
| 715 6th Ave SE, Unit Upper | 715 6th Ave SE | 5BR,2BA | $1.30 |
| Factory Lofts | G2: 3 Bedrooms/3 Bathrooms | 3BR,3BA | $0.52 |
| Sela Campus University Apartments | 2 Bedroom | 2BR,1BA | $1.28 |
| The Knoll Dinkytown | B2 | 2BR,2BA | $1.09 |
| The Marshall | 2X1A Renovated | 2BR,1BA | $1.43 |
| Radius | B1 | 2BR,2BA | $1.22 |
| 814-8TH | 0BR/1.0BA | Studio ,1BA | $1.17 |
| Northstar Dinkytown | 2br B | 2BR,1BA | $0.82 |
| Remington Apartments | Studio September Move In | Studio ,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.
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 ArticleCash 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.
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 LifestyleUniversity Of Minnesota, Minneapolis, MN
Ranked #55
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 $809.
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 $3,700.
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 209 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 $1,053 which is $2,647 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

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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.

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.

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.