
Cheap Apartments for Rent in the Waite Park Neighborhood of Minneapolis, MN from $600 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waite Park area of Minneapolis.


Gateway Northeast

Monroe Village Senior Apartments

Timber & Tie

Hook and Ladder Apartments

Jax Apartments

1000 Main Street Apartments

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1221 29th Avenue Northeast, Unit Unit #4
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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.

The Marshall

Stonehouse Square

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Quarry Place

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Huxley Apartments

Central Flats

3447 Central Ave NE

4060-4100 4th St NE

New Brighton Apartments
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Highcrest Manor Apartments

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Windsor South Apartments

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Chateau Royal Apartments

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Silver Lake

Bramantes

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Aquarius Apartments

Sage Park

Granite Falls at Silver Lake-2130
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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

Oaks Landing 55+ Apartments

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Apache Manor Apartments

Fountain Terrace Apartments! | 2 Bedrooms Available! (New Brighton, MN)
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Highcrest Haven
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 | $1,326 | $995 | $1,740 |
| Waite Park 1 Bedroom Apartments | $1,575 | $691 | $2,400 |
| Waite Park 2 Bedroom Apartments | $2,021 | $823 | $3,500 |
| Waite Park 3 Bedroom Apartments | $2,252 | $945 | $3,805 |
| Waite Park 4 Bedroom Apartments | $1,885 | $1,048 | $2,968 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 1 mile radius of the Waite Park Neighborhood of Minneapolis, MN.
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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 |
| Timber & Tie | Washington | ACC | Studio,1BA | $1,050 |
| Sage Park | One Bedroom 11A | 1BR,1BA | $1,120 |
| Granite Falls at Silver Lake-2130 | 1 Bed/1 Bath D | 1BR,1BA | $1,149 |
| The Fern 55+ Apartments | A1 50 | 1BR,1BA | $1,168 |
| Diamond Eight Terrace | The Jade | 1BR,1BA | $1,175 |
| 1000 Main Street Apartments | S8 | Studio,1BA | $1,175 |
| Windsor South Apartments | Knollwood | 1BR,1BA | $1,190 |
Best Value Apartments for Rent in Waite Park, MN
As of January 21, 2026 the best value apartment in the Waite Park area is the $1.25 price per square foot Two Bedroom Model at Bramantes in the in the Waite Park neighborhood starting from $1,375. The second greatest value Waite Park apartment is the The Lagoon Model at Aquarius Apartments starting at $1,681 with a $1.63 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. |
|---|---|---|---|
| Bramantes | Two Bedroom | 2BR,1.5BA | $1.25 |
| Aquarius Apartments | The Lagoon | 2BR,1BA | $1.63 |
| Stonehouse Square | 2 bedroom/1 bathroom | 2BR,1BA | $1.34 |
| Gauvette Park Apartments | 2 BR 1 Bath | 2BR,1BA | $1.44 |
| The Legends of Columbia Heights 55+ Living | Two Bedroom - C | 2BR,2BA | $1.58 |
| Windsor South Apartments | White Pine | 2BR,1BA | $1.64 |
| 1221 29th Avenue Northeast, Unit Unit #4 | 1221 29th Avenue Northeast | 1BR,1BA | $1.49 |
| Sage Park | One Bedroom 11A | 1BR,1BA | $1.49 |
| The Fern 55+ Apartments | A1 50 | 1BR,1BA | $1.64 |
| 4060-4100 4th St NE | One Bed | 1BR,1BA | $1.64 |
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 $1,190.
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 $2,064.
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 65 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 $646 which is $1,418 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
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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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
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Renting your next home can feel thrilling and overwhelming at the same time.

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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.

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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.