1316 7th St SE
MinneapolisMN55414
Cheap Apartments for Rent in the University Neighborhood of Minneapolis, MN from $400 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Minneapolis.
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Rent Specials
from $880Studio to 2 Bedroom Apartments Available Sep 1
Stadium Village Apartments
1015 Essex St SEMinneapolis, MN 55414
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from $1,0201 Bedroom Apartments Available Sep 1
Campus East Apartments: Your Perfect Home
615 15th Ave SEMinneapolis, MN 55414
814 5th St SE
MinneapolisMN55414
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from $1,2002 Bedroom Apartment Available Now
926 Fulton St SE, Unit 2
926 Fulton St SEMinneapolis, MN 55414
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1 to 2 Bedroom Apartments
800 University Ave of Marcy Holmes
800 University Ave SEMinneapolis, MN 55414
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Studio to 2 Bedroom Apartments
700 on Washington - Historical Access
700 Washington Ave SEMinneapolis, MN 55414
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Showing Results 1-24, Page 1 of 1
University, Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent an apartment in University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Studio Apartments | $1,211 | $880 | $1,405 |
| University 1 Bedroom Apartments | $1,342 | $850 | $1,775 |
| University 2 Bedroom Apartments | $1,289 | $479 | $2,150 |
| University 3 Bedroom Apartments | $1,830 | $495 | $3,550 |
| University 4 Bedroom Apartments | $2,017 | $495 | $3,500 |
| University 5 Bedroom Apartments | $3,359 | $2,700 | $3,995 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the University Neighborhood of Minneapolis, MN.
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University, Minneapolis, MN Local Guide
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Cheapest Available University Apartments for Rent
The cheapest available apartment rental in the University area of Minneapolis, MN is a 1 Bed unit found at 315 11th Ave SE priced from $850. 624 Huron Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,032. Here are the most affordable University apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 315 11th Ave SE | 1 br | 1BR,1BA | $850 |
| 624 Huron Apartments | Michigan | 1BR,1BA | $1,032 |
| Bierman Place | The Single - By-the-apartment | 1BR,1BA | $1,295 |
| Karinsplass Apartments | 1 Bedroom with Den - Market | 1BR,1BA | $1,300 |
| Hub Minneapolis | MICRO | Studio,1BA | $1,310 |
Best Value Apartments for Rent in University, MN
As of June 29, 2025 the best value apartment in the University area is the $2.51 price per square foot 5 Bedroom Model at 525 Tenth Dinkytown Apartments Student Rental in the in the University Of Minnesota neighborhood starting from $3,500. The second greatest value University apartment is the 3X3A Model at The Marshall starting at $889 with a $0.81 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 525 Tenth Dinkytown Apartments Student Rental | 5 Bedroom | 5BR,2BA | $2.51 |
| The Marshall | 3X3A | 3BR,3BA | $0.81 |
| Fourth Street Co-op Apartments | 2BR/2.0BA | 2BR,2BA | $1.91 |
| Chateau Student Housing Cooperative | 3BR | 3BR,1BA | $2.12 |
| The Knoll Dinkytown | B1 | 2BR,2BA | $1.06 |
| 926 Fulton St SE, Unit 2 | 926 Fulton St SE | 2BR,1BA | $1.50 |
| Karinsplass Apartments | 1 Bedroom with Den - Market | 1BR,1BA | $1.64 |
| 624 Huron Apartments | Erie | 1BR,1BA | $1.35 |
| Bierman Place | The Single - By-the-apartment | 1BR,1BA | $1.99 |
| The Bridges Dinkytown | S4 | Studio ,1BA | $2.30 |
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Pet Friendly LifestyleUniversity, Minneapolis, MN
Ranked #170
Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap University Apartments
What is the price of a cheap apartment in University?
The cheapest apartment in University is 315 11th Ave SE which is listed at $850, while the average apartment in University costs $4,494.
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 38 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 $1,487 which is $3,007 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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.