
Cheap Apartments for Rent in the University Neighborhood of Minneapolis, MN from $414 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Minneapolis.


Stadium Village Apartments

Total Monthly Price
926 Fulton St SE, Unit 1

1315 7th St SE

Huron Estates

Remmington Campus Apartments

Tairrie House
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.

Hedberg Apartments

800-UNIV

1405 5th St SE

718-4TH

801-UNIV

8th on Campus

1215 4th Street SE
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.

Trademark Apartments

Dinkytown Apartments

1301 University

Chateau Student Housing Cooperative

Fourth Street Co-op Apartments

Argyle House

1327 7th St SE
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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University, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Studio Apartments | $1,359 | $1,199 | $1,494 |
| University 1 Bedroom Apartments | $1,324 | $899 | $1,586 |
| University 2 Bedroom Apartments | $1,216 | $414 | $2,230 |
| University 3 Bedroom Apartments | $1,981 | $809 | $3,550 |
| University 4 Bedroom Apartments | $2,012 | $749 | $3,500 |
| University 5 Bedroom Apartments | $3,392 | $2,500 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 21 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 3 Beds unit found at Radius priced from $415. 800-UNIV has the second lowest priced unit, which is a 1 Bed apartment currently listed from $890. Here are the most affordable University apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Radius | C4 | 3BR,2BA | $415 |
| 800-UNIV | 1BR/1.0BA | 1BR,1BA | $890 |
| 801-UNIV | 1BR/1.0BA | 1BR,1BA | $950 |
| Chateau Student Housing Cooperative | EFF2 | Studio,1BA | $1,052 |
| Stadium Village Apartments | 2 Bed | 2BR,1BA | $1,195 |
Best Value Apartments for Rent in University, MN
As of August 24, 2026 the best value apartment in the University area is the $2.15 price per square foot 5 Bedroom Model at 525 Tenth Dinkytown Apartments Student Rental in the in the University Of Minnesota neighborhood starting from $3,000. The second greatest value University apartment is the C3 Model at Radius starting at $869 with a $0.83 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 | $2.15 |
| Radius | C3 | 3BR,2BA | $0.83 |
| Bierman Place | The Quad - By-the-bed | 4BR,2BA | $0.53 |
| 315 11th Ave SE | 4 BR | 4BR,2BA | $2.25 |
| Stadium Village Apartments | 2 Bed | 2BR,1BA | $1.20 |
| The Knoll Dinkytown | B2 | 2BR,2BA | $0.96 |
| Gopher Commons 1701 | 2B/1B | 2BR,1BA | $1.76 |
| Karinsplass Apartments | 1 Bedroom with Den - Market | 1BR,1BA | $1.64 |
| The Bridges Dinkytown | A2 | 1BR,1BA | $2.23 |
| Chateau Student Housing Cooperative | EFF2 | Studio ,1BA | $2.36 |
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, Minneapolis, MN
Ranked #164
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $2,250.
What is the price of a cheap apartment in University?
The cheapest apartment in University is 800-UNIV which is listed at $890, while the average apartment in University costs $1,404.
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 108 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 $1,988 which is $0 cheaper than the average rent for all rentals in University.
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

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.