
Cheap Homes for Rent in Welcome Park Neighborhood of Minneapolis, MN from $1,200 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Welcome Park area of Minneapolis.


4200 Lake Breeze Ave N

4003 Welcome Ave N

3234 Xerxes Ave N

5401 Xylon Ave N
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

4225 Xenia Ave N, Unit 4227

3611 N Washburn Ave, Unit FL 2

5148 Washburn Ave N

4357 45th Ave N

5109 48th Ave N
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.

3829 Lake Dr, Unit Main Floor Unit
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 | $1,662 | $1,250 | $1,995 |
| Welcome Park 3 Bedroom Homes for Rent | $2,561 | $1,650 | $3,125 |
| Welcome Park 4 Bedroom Homes for Rent | $2,990 | $2,680 | $3,300 |
| Welcome Park 5 Bedroom Homes for Rent | $3,287 | $3,095 | $3,499 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Welcome Park Neighborhood of Minneapolis, MN.
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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 Kings Manor Apartments priced from $975. 36th Ave Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Welcome Park apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kings Manor Apartments | Studio | Studio,1BA | $975 |
| 36th Ave Apartments | 1 Bed 1 Bath | 1BR,1BA | $995 |
| Cambridge Court Apartments | 1-Bedroom | 1BR,1BA | $1,015 |
| Robinwood Apartments | 1-BR | 1BR,1BA | $1,029 |
| Valley Place Apartments | Cavanagh | 1BR,1BA | $1,090 |
Best Value Apartments for Rent in Welcome Park, MN
As of June 22, 2026 the best value apartment in the Welcome Park area is the $1.10 price per square foot 2 Bedroom Model at Bass Lake Crossing in the in the Becker neighborhood starting from $1,324. The second greatest value Welcome Park apartment is the 2SF Model at The Cavanagh starting at $1,619 with a $1.40 price per square foot in the Shingle Creek 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. |
|---|---|---|---|
| Bass Lake Crossing | 2 Bedroom | 2BR,1BA | $1.10 |
| The Cavanagh | 2SF | 2BR,2BA | $1.40 |
| 3737 Hubbard Ave. N- Windsor Court | 2BR/1.0BA | 2BR,1BA | $1.30 |
| Lake Pointe | Twin Lake | 2BR,1BA | $1.55 |
| Cambridge Court Apartments | 2-Bedroom | 2BR,1BA | $1.29 |
| Colonial Apartments | 2 Bedroom | 2BR,1BA | $1.59 |
| Northumberland Apartments | One Bedroom | 1BR,1BA | $1.50 |
| Wingate Apartments | 1-bedroom | 1BR,1BA | $1.55 |
| Valley Place Apartments | Cavanagh | 1BR,1BA | $1.54 |
| 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 144 Apartments for Rent in Welcome Park, MN with pricing that ranges from $825 to $2,845. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Welcome Park ranging from $1,250 to $3,499.
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 $1,250 to $3,499 with an average monthly rent of $2,625.
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 $825 to $1,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $3,125. Four Bedroom Single-Family rentals are also available starting from $2,680 and Four Bedroom Apartments start at $2,150.
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
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Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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
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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.