Cheap Apartments for Rent in the University Of Minnesota Neighborhood of Minneapolis, MN from $400 (90 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 1209 8th St SE

$425 - $500

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$425 - $500

Total Monthly Price
$425 - $500

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

1209 8th St SE

MinneapolisMN55414
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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Bridgewater Crossings
$800 - $1,050
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$800 - $1,050

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

Bridgewater Crossings

2101-2020 21st Ave SMinneapolis, MN 55404
Student Housing
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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

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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Studios at 7 Corners
$950 - $1,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900 - $950
Required Monthly Fees
$50

Total Monthly Price
$950 - $1,000
Studio Apartments Available Aug 1

Studios at 7 Corners

1414 S 3rd StMinneapolis, MN 55454
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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
Furnished
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  • Low Income
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Cedars 94
Rent Specials
$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
Corporate Housing
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property at 530 SE 5th St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

530 SE 5th St

MinneapolisMN55414
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Fourth Street Co-op Apartments
Rent Specials
$1,175 - $2,585
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,175 - $2,585

Total Monthly Price
$1,175 - $2,585
Studio to 3 Bedroom Apartments Available Sep 1

Fourth Street Co-op Apartments

1227 4th St SEMinneapolis, MN 55414
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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
Student Housing
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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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Luna Apartments
Rent Specials
$1,303 - $2,203
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295 - $2,195
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Luna Apartments

2520 8th St SMinneapolis, MN 55454
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Hencen
Rent Specials
$1,332 - $2,875
Total Monthly Price

Total Monthly Price

Base Rent
$1,152 - $2,695
Required Monthly Fees
$180

Total Monthly Price
$1,332 - $2,875
Studio to 2 Bedroom Apartments Available Now

Hencen

455 Central Ave SEMinneapolis, MN 55414
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Thornton Place Apartments
$1,341 - $1,636
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,320 - $1,615
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Sep 5

Thornton Place Apartments

810 SE Thornton StMinneapolis, MN 55414
Student Housing
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Stone Arch I
$1,392 - $1,762
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,388 - $1,758
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
  • Verified
  • Customer Reviewed
  • Low Income

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
$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
Affordability
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property at 1008 26th Ave SE

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

3 Bedroom, 1 Bath Home for Rent

Available Aug 1

1008 26th 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
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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

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!

property at 709 7th St SE

$775

Total Monthly Price

Total Monthly Price

Base Rent
$775

Total Monthly Price
$775

6 Bedroom, 3 Bath Home for Rent

Available Now

709 7th St SE

MinneapolisMN55414
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814-8TH
Studio to 2 Bedroom Apartments

814-8TH

810-814 8th St SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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904-912
Studio to 3 Bedroom Apartments

904-912

904 21st Ave SMinneapolis, MN 55404
  • Utilities Included
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Wadaag Commons
1 to 4 Bedroom Apartments

Wadaag Commons

1900 E 22nd StMinneapolis, MN 55404
  • Utilities Included
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327 University Ave SE
Studio to 2 Bedroom Apartments

327 University Ave SE

327 University Ave SEMinneapolis, MN 55414
  • Utilities Included
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Tairrie House
Studio to 4 Bedroom Apartments

Tairrie House

609 Oak St SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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University Court
1 Bedroom Apartments

University Court

725-729 8th Ave SEMinneapolis, MN 55414
  • Utilities Included
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Hedberg Apartments
Studio to 2 Bedroom Apartments

Hedberg Apartments

514 14th Ave SEMinneapolis, MN 55414
  • Utilities Included

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

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 ListingModel NameBed/BathPriced From
RadiusC43BR,2BA$599
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-2020 1 Bedroom Open Kitchen Floor Type1BR,1BA$945
Yale Place1bd Apartment: Yale Place1BR,1BA$956
Five15 on the ParkA2Studio,1BA$965
1215 4th Street SEStudio 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Factory LoftsG2: 3 Bedrooms/3 Bathrooms3BR,3BA$0.52
University VillageLarge 2B2B - Private2BR,2BA$0.88
The Bridges DinkytownB102BR,2BA$0.79
Hub Minneapolis2Dx22BR,2BA$1.19
Yugo The Sydney at Dinkytown2 Bed, 2 Bath DinkyDome Double2BR,2BA$0.47
Bierman PlaceThe Quad - By-the-bed4BR,2BA$0.53
RadiusC23BR,2BA$0.86
Yugo Minneapolis 412 Lofts2 Bed, 2 Bath Classic2BR,2BA$1.04
The Arrow Apartments2.2S-Furnished2BR,2BA$0.99
814-8TH1BR/1.0BA1BR,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.

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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 #60

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 $3,475.

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

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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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