Cheap Apartments for Rent in the University Neighborhood of Minneapolis, MN from $400 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University area of Minneapolis.

property at 1316 7th St SE

1316 7th St SE

MinneapolisMN55414
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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
  • Verified
  • Customer Reviewed
  • Utilities Included
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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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Tairrie House
Studio to 4 Bedroom Apartments

Tairrie House

609 Oak St SEMinneapolis, MN 55414
Student Housing
  • Utilities Included

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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Dinnaken House
2 to 3 Bedroom Apartments

Dinnaken House

900 Washington Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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315 11th Ave SE
Studio to 5 Bedroom Apartments

315 11th Ave SE

315 11th Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Argyle House
1 to 4 Bedroom Apartments

Argyle House

920 Delaware St SEMinneapolis, MN 55414
Student Housing
  • 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.

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Hedberg Apartments
Studio to 2 Bedroom Apartments

Hedberg Apartments

514 14th Ave SEMinneapolis, MN 55414
  • Utilities Included
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1215 4th Street SE
Studio to 2 Bedroom Apartments

1215 4th Street SE

1215 4th St SEMinneapolis, MN 55414
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8th on Campus
Studio to 1 Bedroom Apartments

8th on Campus

325 8th Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Trademark Apartments
Studio Apartments

Trademark Apartments

1119 4th St SEMinneapolis, MN 55414
  • Utilities Included
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Dinkytown Apartments
1 to 2 Bedroom Apartments

Dinkytown Apartments

519 10th Ave SEMinneapolis, MN 55414
  • Utilities Included

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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1301 University
Studio to 4 Bedroom Apartments

1301 University

1301 University Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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11th on Campus
1 to 2 Bedroom Apartments

11th on Campus

526 11th Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included

University, Minneapolis, MN Local Guide

Cheapest Available University Apartments for Rent

 

The cheapest available apartment rental in the University 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 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
Yugo Minneapolis 412 Lofts3 Bed, 2 Bath Classic3BR,2BA$769
Stadium Village Apartments1 Bed1BR,1BA$960
Karinsplass Apartments1 Bedroom with Den - Market1BR,1BA$1,300

Best Value Apartments for Rent in University, MN

As of October 20, 2025 the best value apartment in the University area is the $0.63 price per square foot D2 Model at Radius in the in the University Of Minnesota neighborhood starting from $719. The second greatest value University apartment is the 3BR/2.0BA Model at Fourth Street Co-op Apartments starting at $2,245 with a $2.13 price per square foot in the University Of Minnesota neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
RadiusD24BR,2BA$0.63
Fourth Street Co-op Apartments3BR/2.0BA3BR,2BA$2.13
Bierman PlaceThe Quad - By-the-bed4BR,2BA$0.65
Gopher Commons 17012B/1B2BR,1BA$1.59
Hub Minneapolis2x2PH2BR,2BA$1.52
926 Fulton St SE, Unit 4926 Fulton St SE2BR,1BA$1.56
Karinsplass Apartments1 Bedroom with Den - Market1BR,1BA$1.64
The Marshall2DX2B2BR,2BA$0.78
Stadium Village Apartments1 Bed1BR,1BA$1.37
The Bridges DinkytownA41BR,1BA$2.11

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, Minneapolis, MN

Ranked #153

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the University Neighborhood in Minneapolis, MN

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

95 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

67 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap University Apartments

What is a cheap apartment in University?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University is under $1,676.

What is the price of a cheap apartment in University?

The cheapest apartment in University is Stadium Village Apartments which is listed at $960, while the average apartment in University costs $5,600.

What types of apartments are the cheapest in University?

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 105 regular apartments in University 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?

Cheap apartments in University have an average cost of $858 which is $4,742 cheaper than the average rent for all rentals in University.

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.