
Cheap Apartments for Rent in the University Of Minnesota Neighborhood of Minneapolis, MN from $400 (116 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Of Minnesota area of Minneapolis.


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Remington Apartments

Seven Corners

St. Anthony Village

701 5th St SE

Bridgewater Crossings

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22 on the River

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315 11th Ave SE

Blue Goose Cooperative

615 15th Ave SE
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.

409 University Ave SE

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Five15 on the Park

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Cedars 94

Stadium Village Apartments

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Studios at 7 Corners

The Endurance

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Sela Campus University Apartments

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Stone Arch II

Riverside Homes

Local 15
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The Denn of Dinkytown

515 5th St SE

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918 Fulton St SE, Unit 2

317 6th Ave SE

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Fourth Street Housing Co-op

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Mill City Quarter

Thornton Place

Karinsplass Apartments

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Stone Arch I

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MPA / Marcy Park Apartments
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Luna

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Spectrum Apartments & Townhomes

Minnehaha 94

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Hencen

515 5th St SE, Unit 4

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926 Fulton St SE, Unit 1

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MAX

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925 30th Ave S

925 30th Ave S

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Gopher Commons 1701
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1709 Como Ave SE, Unit #1

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7west

1008 16th Ave SE

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2108 25th Ave S, Unit 2

815 Weeks Ave SE

1012 8th St SE

1315 7th St SE

Huron Estates

Marcy Park Student Housing Co-op

Holmes Park Village
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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 | $1,324 | $745 | $1,905 |
| University Of Minnesota 1 Bedroom Apartments | $1,609 | $825 | $4,180 |
| University Of Minnesota 2 Bedroom Apartments | $1,976 | $469 | $9,268 |
| University Of Minnesota 3 Bedroom Apartments | $2,362 | $739 | $9,543 |
| University Of Minnesota 4 Bedroom Apartments | $1,901 | $649 | $3,500 |
| University Of Minnesota 5 Bedroom Apartments | $3,136 | $2,675 | $3,495 |
Browse Apartments in this Neighborhood
There are currently 116 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
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Radius | C5 | 3BR,2BA | $495 |
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| Remington Apartments | Studio September Move In | Studio,1BA | $745 |
| Seven Corners | Studio | Studio,1BA | $760 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $790 |
| Yugo Minneapolis 412 Lofts | 3 Bed, 2 Bath Classic | 3BR,2BA | $809 |
| Bridgewater Crossings | BWC Studio Large | Studio,1BA | $850 |
| Five15 on the Park | A2 | Studio,1BA | $965 |
| 1215 4th Street SE | Studio in Dinkytown - Heat & Parking Included! | Studio,1BA | $975 |
| Studios at 7 Corners | 0BR/1.0BA | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Factory Lofts | G2: 3 Bedrooms/3 Bathrooms | 3BR,3BA | $0.52 |
| The Marshall | 3X35A | 3BR,3.5BA | $0.70 |
| University Village | Large 2B2B - Private | 2BR,2BA | $0.88 |
| Yugo The Sydney at Dinkytown | 2 Bed, 2 Bath DinkyDome Double | 2BR,2BA | $0.46 |
| The Bridges Dinkytown | B7 | 2BR,2BA | $0.99 |
| Radius | C2 | 3BR,2BA | $0.81 |
| The Knoll Dinkytown | B2 | 2BR,2BA | $1.15 |
| Yugo Minneapolis 412 Lofts | 2 Bed, 2 Bath Classic | 2BR,2BA | $1.04 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $1.01 |
| Bierman Place | The View - By-the-Bed | 2BR,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.
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 ArticleReal 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.
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 #59
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 $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

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
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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
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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

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.

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.

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
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.