Cheap Apartments for Rent in the University Neighborhood of Minneapolis, MN from $400 (26 Rentals)

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Cheap Apartments in the University area of Minneapolis.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Fieldhouse
1 to 5 Bedroom Apartments

Fieldhouse

805 15th Ave SEMinneapolis, MN 55414
Student Housing
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Huron Estates
Studio to 2 Bedroom Apartments

Huron Estates

614 Huron Blvd SEMinneapolis, MN 55414
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WaHu - Historical Access
Studio to 4 Bedroom Apartments

WaHu - Historical Access

1000 Washington Ave SEMinneapolis, MN 55414
Student Housing
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Hedberg Apartments
Studio to 2 Bedroom Apartments

Hedberg Apartments

514 14th Ave SEMinneapolis, MN 55414
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Varsity Apartments
Studio Apartments

Varsity Apartments

727 15th Ave SEMinneapolis, MN 55414
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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8th on Campus
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
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Dinkytown Apartments
1 to 2 Bedroom Apartments

Dinkytown Apartments

519 10th Ave SEMinneapolis, MN 55414
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1301 University
Studio Apartments

1301 University

1301 University Ave SEMinneapolis, MN 55414
Student Housing
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11th on Campus
1 Bedroom Apartments

11th on Campus

526 11th Ave SEMinneapolis, MN 55414
Student Housing
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315 11th Ave SE
Studio to 2 Bedroom Apartments

315 11th Ave SE

315 11th Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included

University - 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!

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624 Huron Apartments
1 to 2 Bedroom Apartments

624 Huron Apartments

624 Huron Blvd SEMinneapolis, MN 55414
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823 15th Ave SE
1 Bedroom Apartments

823 15th Ave SE

823 15th Ave SEMinneapolis, MN 55414

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 The Quad on Delaware priced from $620. Stadium Village Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $880. Here are the most affordable University apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
The Quad on DelawareD1R - Renovated 4 Bedroom 4 Bath4BR,4BA$620
Stadium Village ApartmentsStudiosStudio,1BA$880
Yugo Minneapolis 412 Lofts3 Bed, 2 Bath Classic3BR,2BA$919
Yugo Minneapolis Sydney Hall3 Bed, 2 Bath DinkyDome Classic3BR,2BA$929
The Station at Malcolm YardsHuron S0.2 (Studio)Studio,1BA$1,185
624 Huron ApartmentsOntario1BR,1BA$1,187
Groove LoftsBettyStudio,1BA$1,284
Bierman PlaceThe Single - By-the-apartment1BR,1BA$1,295
Karinsplass Apartments1 Bedroom with Den - Market1BR,1BA$1,300
Hub MinneapolisMICROStudio,1BA$1,300

Best Value Apartments for Rent in University, MN

As of May 05, 2025 the best value apartment in the University area is the $1.42 price per square foot 1120 SE 7th St Model at 1120 SE 7th St, Unit 2 in the in the University Of Minnesota neighborhood starting from $1,700. The second greatest value University apartment is the 2BR B Model at Fourth Street Co-op Apartments starting at $2,200 with a $2.28 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.
1120 SE 7th St, Unit 21120 SE 7th St2BR,1BA$1.42
Fourth Street Co-op Apartments2BR B2BR,2BA$2.28
Gopher Commons2 Bedroom2BR,1BA$1.78
Yugo Minneapolis 412 Lofts2 Bed, 2 Bath Classic2BR,2BA$1.13
The Quad on DelawareB1R - Renovated 2 Bedroom 2 Bath2BR,2BA$1.10
Chateau Student Housing Cooperative2BR2BR,1BA$2.02
Karinsplass Apartments1 Bedroom with Den - Market1BR,1BA$1.64
624 Huron ApartmentsErie1BR,1BA$1.62
Bierman PlaceThe Single - By-the-apartment1BR,1BA$1.99
Stadium Village ApartmentsStudiosStudio ,1BA$1.76

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
University, Minneapolis, MN

Ranked #135

Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
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 the Cheapest Studio apartment in University?

Currently the most affordable Cheap Studio Apartment in University is at Stadium Village Apartments listed at $880.

How much is rent for a Cheap One Bedroom University Apartment?

The lowest price for a Cheap One Bedroom University Apartment is $960 at Stadium Village Apartments.

What is the lowest price for a Cheap Two Bedroom University Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in University is starting from $890 at The Quad on Delaware.

What is the most affordable University Three Bedroom Apartment?

The best deal on a cheap University Three Bedroom Apartment rental is at The Quad on Delaware and starts from $720.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.