
Cheap Apartments for Rent in the Waite Park Neighborhood of Minneapolis, MN from $900 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waite Park area of Minneapolis.


Stonehouse Square Apartments

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Timber & Tie

The Marshall Street Apartments

Gateway Northeast

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Quarry Place

962 29th Ave NE

Jax Apartments

1000 Main Street

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Huxley Apartments
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The Laker

Serene Apartments

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The Julia

New Boston Square

3725 Stinson

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Frances

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Tyler Street Stacks

1028 28th Ave NE

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N&E

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The Grain Belt
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.

1110 27th Ave NE, Unit 1110 Upper

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1101 on Main Apartment Homes

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3231 Ulysses St NE, Unit 1

3117 Central Ave NE

Central Flats

3447 Central Ave NE

4060-4100 4th St NE

Rose 8 Estates

New Brighton Apartments

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Highcrest Manor Apartments
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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Windsor South Apartments

Sage Park

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Chateau Royal Apartments

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Silver Lake

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Senior 55+ - Hart Lake Apartments

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Granite Falls at Silver Lake Apartments

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820 Flats

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Apache Manor Apartments

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Diamond Eight Terrace

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County Road B 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.

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Ratio

The Yard 47 Apartments On Central

Equinox

Gauvette Park Apartments

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Oaks Landing 55+ Apartments

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Hillside East

The Legends at Silver Lake Village 55+ Apartments

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Grand Central Flats

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The Legends of Columbia Heights 55+ Living

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Cottage Villas of Arden Hills
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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,380 | $995 | $1,868 |
| Waite Park 1 Bedroom Apartments | $1,585 | $900 | $2,441 |
| Waite Park 2 Bedroom Apartments | $1,921 | $1,125 | $3,104 |
| Waite Park 3 Bedroom Apartments | $2,767 | $1,625 | $3,799 |
Browse Apartments in this Neighborhood
There are currently 54 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 1 Bed unit found at 4060-4100 4th St NE priced from $900. Stonehouse Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Waite Park apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4060-4100 4th St NE | One Bed | 1BR,1BA | $900 |
| Stonehouse Square Apartments | 1C | 1BR,1BA | $999 |
| Timber & Tie | Washington | Studio,1BA | $1,030 |
| Rose 8 Estates | 1 bed | 1BR,1BA | $1,050 |
| Central Flats | 1BR/1.0BA | 1BR,1BA | $1,050 |
| Gateway Northeast | 0C | Studio,1BA | $1,087 |
| New Brighton Apartments | 1 BR | 1BR,1BA | $1,095 |
| Quarry Place | 1 Bedroom A | 1BR,1BA | $1,117 |
| Silver Lake | Central | Studio,1BA | $1,164 |
| Senior 55+ - Hart Lake Apartments | 1 bedroom | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in Waite Park, MN
As of June 11, 2026 the best value apartment in the Waite Park area is the $1.32 price per square foot Two Bedroom 21A Model at Sage Park in the in the Waite Park neighborhood starting from $1,350. The second greatest value Waite Park apartment is the 2 BR 1 Bath Model at Gauvette Park Apartments starting at $1,375 with a $1.44 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. |
|---|---|---|---|
| Sage Park | Two Bedroom 21A | 2BR,1.5BA | $1.32 |
| Gauvette Park Apartments | 2 BR 1 Bath | 2BR,1BA | $1.44 |
| The Marshall Street Apartments | 2BR/1.0BA | 2BR,1BA | $1.60 |
| Rose 8 Estates | 2 bed | 2BR,1BA | $1.68 |
| The Legends at Silver Lake Village 55+ Apartments | 1A | 1BR,1BA | $1.75 |
| The Yard 47 Apartments On Central | 4750 Central Ave - 2 Bed 1 Bath | 2BR,1BA | $1.69 |
| Senior 55+ - Hart Lake Apartments | 1 bedroom | 1BR,1BA | $1.53 |
| New Brighton Apartments | 1 BR | 1BR,1BA | $1.68 |
| Central Flats | 1BR/1.0BA | 1BR,1BA | $1.62 |
| 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 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 LifestyleWaite Park, Minneapolis, MN
Ranked #99
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 $1,195.
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 $2,814.
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 32 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 $372 which is $2,442 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 I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.