
Cheap Homes for Rent in Welcome Park Neighborhood of Minneapolis, MN from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Welcome Park area of Minneapolis.


3829 Lake Dr
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4042 Lake Rd Ave

4164 Adair Ave N
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4904 Xerxes Ave N
Welcome Park, Minneapolis, MN Local Guide

How much does it cost to rent a home in Welcome Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Welcome Park 2 Bedroom Homes for Rent | $1,495 | $1,495 | $1,495 |
| Welcome Park 3 Bedroom Homes for Rent | $2,229 | $1,795 | $2,800 |
| Welcome Park 4 Bedroom Homes for Rent | $2,614 | $2,339 | $2,900 |
| Welcome Park 5 Bedroom Homes for Rent | $2,478 | $2,200 | $2,650 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Welcome Park Neighborhood of Minneapolis, MN.
Explore Minneapolis
Cheapest Available Welcome Park Apartments for Rent
 The cheapest available apartment rental in the Welcome Park area of Minneapolis, MN is a Studio unit found at Regent Place Apartments priced from $995. Lake Pointe has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Welcome Park apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Regent Place Apartments | Studio | Studio,1BA | $995 |
| Lake Pointe | Studio | Studio,1BA | $999 |
| Bass Lake Crossing | 1bed | 1BR,1BA | $999 |
Best Value Apartments for Rent in Welcome Park, MN
As of January 29, 2026 the best value apartment in the Welcome Park area is the $1.35 price per square foot Two Bedroom - C Model at The Cavanagh 55+ Apartments in the in the Shingle Creek neighborhood starting from $1,698. The second greatest value Welcome Park apartment is the 2bed Model at Bass Lake Crossing starting at $1,199 with a $1.00 price per square foot in the Becker neighborhood. Here is today’s list of the best values for Welcome Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Cavanagh 55+ Apartments | Two Bedroom - C | 2BR,2BA | $1.35 |
| Bass Lake Crossing | 2bed | 2BR,1BA | $1.00 |
| Pheasant Park Apartments | 2 Bedroom | 2BR,2BA | $1.34 |
| Tradewinds Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.01 |
| Chelsea Park | Dale | 2BR,1BA | $1.35 |
| Twin Lakes Apartments | 2BR/1.0BA | 2BR,1BA | $1.26 |
| Douglas Drive Terrace | Two Bedroom Silver | 2BR,1BA | $1.40 |
| Kings Manor Apartments | One Bedroom | 1BR,1BA | $1.35 |
| Xerxes Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.44 |
| Robinwood Apartments | 1-BR | 1BR,1BA | $1.49 |
Frequently Asked Questions about Welcome Park
What type of rentals are currently available in Welcome Park?
There are currently 142 Apartments for Rent in Welcome Park, MN with pricing that ranges from $995 to $3,395. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Welcome Park ranging from $1,495 to $2,900.
What is the current price range for Rental Homes in Welcome Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Welcome Park ranges from $1,495 to $2,900 with an average monthly rent of $2,083.
How much are larger Three and Four Bedroom Rentals in Welcome Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Welcome Park range from $1,595 to $2,748, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,339 and Four Bedroom Apartments start at $2,374.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.