
Cheap Apartments for Rent in the Waite Park Neighborhood of Minneapolis, MN from $600 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waite Park area of Minneapolis.


Gateway Northeast

Hook and Ladder Apartments

Jax Apartments

1000 Main Street Apartments

The Marshall

Stonehouse Square

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The Julia
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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Quarry Place

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Huxley Apartments

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1221 29th Avenue Northeast, Unit Unit #4

4060-4100 4th St NE

Rose 8 Estates

New Brighton Apartments
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.

Stinson Heights Apartments

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Highcrest Manor Apartments

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Windsor South Apartments

3826 Stinson Blvd NE

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Chateau Royal Apartments

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Aquarius Apartments

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Silver Lake

Sage Park
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.

Granite Falls at Silver Lake-2130

Senior 55+ - Hart Lake Apartments

The Fern 55+ Apartments

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Diamond Eight Terrace

Cottage Villas of Arden Hills

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820 Flats

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Apache Manor Apartments

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Ratio
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

Fountain Terrace Apartments! | 2 Bedrooms Available! (New Brighton, MN)
Waite Park, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Waite Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waite Park Studio Apartments | $1,391 | $995 | $1,740 |
| Waite Park 1 Bedroom Apartments | $1,581 | $691 | $2,400 |
| Waite Park 2 Bedroom Apartments | $2,044 | $823 | $3,500 |
| Waite Park 3 Bedroom Apartments | $2,274 | $945 | $3,805 |
| Waite Park 4 Bedroom Apartments | $1,885 | $1,048 | $2,968 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 1 mile radius of the Waite Park Neighborhood of Minneapolis, MN.
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Waite Park, Minneapolis, MN Local Guide
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Cheapest Available Waite Park Apartments for Rent
 The cheapest available apartment rental in the Waite Park area of Minneapolis, MN is a Studio unit found at Gateway Northeast priced from $816. 4060-4100 4th St NE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Waite Park apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gateway Northeast | 0C | Studio,1BA | $816 |
| 4060-4100 4th St NE | One Bed | 1BR,1BA | $900 |
| New Brighton Apartments | Studio | Studio,1BA | $995 |
| Stinson Heights Apartments | Standard | 1BR,1BA | $999 |
| 3826 Stinson Blvd NE | 1 bedroom | 1BR,1BA | $1,050 |
| Sage Park | One Bedroom 11A | 1BR,1BA | $1,135 |
| Granite Falls at Silver Lake-2130 | 1 Bed/1 Bath D | 1BR,1BA | $1,149 |
| Rose 8 Estates | 1 bed | 1BR,1BA | $1,150 |
| The Fern 55+ Apartments | A1 50 | 1BR,1BA | $1,168 |
| Windsor South Apartments | Knollwood | 1BR,1BA | $1,194 |
Best Value Apartments for Rent in Waite Park, MN
As of December 27, 2025 the best value apartment in the Waite Park area is the $1.57 price per square foot The Lagoon Model at Aquarius Apartments in the in the Waite Park neighborhood starting from $1,621. The second greatest value Waite Park apartment is the 2 bedroom/1 bathroom Model at Stonehouse Square starting at $1,339 with a $1.34 price per square foot in the Waite Park neighborhood. Here is today’s list of the best values for Waite Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aquarius Apartments | The Lagoon | 2BR,1BA | $1.57 |
| Stonehouse Square | 2 bedroom/1 bathroom | 2BR,1BA | $1.34 |
| Gauvette Park Apartments | 2 BR 1 Bath | 2BR,1BA | $1.44 |
| Diamond Eight Terrace | The Emerald | 2BR,1BA | $1.50 |
| 1221 29th Avenue Northeast, Unit Unit #4 | 1221 29th Avenue Northeast | 1BR,1BA | $1.63 |
| Sage Park | One Bedroom 11A | 1BR,1BA | $1.51 |
| Stinson Heights Apartments | Remodeled | 1BR,1BA | $1.53 |
| Windsor South Apartments | Knollwood | 1BR,1BA | $1.63 |
| Rose 8 Estates | 1 bed | 1BR,1BA | $1.64 |
| 4060-4100 4th St NE | One Bed | 1BR,1BA | $1.64 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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 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 LifestyleWaite Park, Minneapolis, MN
Ranked #102
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Waite Park, Minneapolis, MN
St. Anthony Village Senior High
School data provided by Great Schools
Frequently Asked Questions about Cheap Waite Park Apartments
What is a cheap apartment in Waite Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waite Park is under $1,194.
What is the price of a cheap apartment in Waite Park?
The cheapest apartment in Waite Park is 4060-4100 4th St NE which is listed at $900, while the average apartment in Waite Park costs $2,145.
What types of apartments are the cheapest in Waite Park?
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 44 regular apartments in Waite Park 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 Waite Park?
Cheap apartments in Waite Park have an average cost of $602 which is $1,543 cheaper than the average rent for all rentals in Waite Park.
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
Written by: Stephanie Lica
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
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.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!


