
Cheap Apartments for Rent in the Waite Park Neighborhood of Minneapolis, MN from $800 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waite Park area of Minneapolis.


3005 Tyler St NE, Unit Upstairs - 2

3725 Stinson

Total Monthly Price
2648 Fillmore St NE, Unit 1 lower

1110 27th Ave NE, Unit 1110 Upper

Total Monthly Price
1411 26th Ave NE, Unit duplex 2nd floor

Total Monthly Price
1315 29th Ave NE, Unit #1

Central Flats
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3447 Central Ave NE

960-962 29th Ave NE

Total Monthly Price
Silver Lake

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Senior 55+ - Hart Lake Apartments

Equinox

Total Monthly Price
Ratio

The Legends at Silver Lake Village 55+ Apartments

The Ruby
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Total Monthly Price
The Landings at Silver Lake Village

3940 Peters Pl

Plaza Apartments

Macalaster Manor

Stinson Heights Apartments

Peters Place Apartments

3826 Stinson Blvd NE

Parkview Villa
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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 | $1,482 | $1,169 | $1,918 |
| Waite Park 1 Bedroom Apartments | $1,594 | $1,150 | $2,511 |
| Waite Park 2 Bedroom Apartments | $2,126 | $1,360 | $3,430 |
| Waite Park 3 Bedroom Apartments | $2,773 | $2,595 | $2,893 |
Browse Apartments in this Neighborhood
There are currently 24 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 Plaza Apartments priced from $938. Central Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Waite Park apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Plaza Apartments | Rankin | Studio,1BA | $938 |
| Central Flats | 1BR/1.0BA | 1BR,1BA | $1,050 |
| Peters Place Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,050 |
| Silver Lake | Central | Studio,1BA | $1,169 |
| Ratio | Serenity | Studio,1BA | $1,290 |
Best Value Apartments for Rent in Waite Park, MN
As of July 27, 2026 the best value apartment in the Waite Park area is the $1.20 price per square foot 1411 26th Ave NE Model at 1411 26th Ave NE, Unit duplex 2nd floor in the in the Waite Park neighborhood starting from $1,795. The second greatest value Waite Park apartment is the Apple Model at The Ruby starting at $2,099 with a $2.46 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. |
|---|---|---|---|
| 1411 26th Ave NE, Unit duplex 2nd floor | 1411 26th Ave NE | 2BR,1BA | $1.20 |
| The Ruby | Apple | 1BR,1BA | $2.46 |
| The Legends at Silver Lake Village 55+ Apartments | 1A | 1BR,1BA | $1.75 |
| Peters Place Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.31 |
| Equinox | Aurora Signature | 1BR,1BA | $2.04 |
| Central Flats | 1BR/1.0BA | 1BR,1BA | $1.62 |
| The Landings at Silver Lake Village | Studio 3 | Studio ,1BA | $2.94 |
| Plaza Apartments | Rankin | Studio ,1BA | $1.88 |
| Silver Lake | Central | Studio ,1BA | $2.49 |
| Ratio | Serenity | Studio ,1BA | $3.06 |
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.
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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 #182
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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 $1,734.
What is the price of a cheap apartment in Waite Park?
The cheapest apartment in Waite Park is Central Flats which is listed at $1,050, while the average apartment in Waite Park costs $2,832.
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 7 regular apartments in Waite Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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