Cheap Homes for Rent in Welcome Park Neighborhood of Minneapolis, MN from $900 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Welcome Park area of Minneapolis.

property at 4207 Lakeside Ave N

4207 Lakeside Ave N

MinneapolisMN55429
property at 5020 Welcome Ave N

5020 Welcome Ave N

MinneapolisMN55429
property at 4207 Lakeside Ave N

4207 Lakeside Ave N

Brooklyn CenterMN55429

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Welcome Park, Minneapolis, MN Local Guide

Cheapest Available Welcome Park Apartments for Rent

 

The cheapest available apartment rental in the Welcome Park area of Minneapolis, MN is a 1 Bed unit found at New Hope Garden and Village priced from $915. Lake Pointe has the second lowest priced unit, which is a Studio apartment currently listed from $989. Here are the most affordable Welcome Park apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
New Hope Garden and VillageA11BR,1BA$915
Lake PointeStudioStudio,1BA$989
Bass Lake Crossing1bed1BR,1BA$999

Best Value Apartments for Rent in Welcome Park, MN

As of October 30, 2025 the best value apartment in the Welcome Park area is the $1.23 price per square foot 5853 Winnetka Ave N Model at 5853 Winnetka Ave N, Unit 5853 Winnetka Ave N in the in the Becker neighborhood starting from $2,700. The second greatest value Welcome Park apartment is the 2bed Model at Bass Lake Crossing starting at $1,250 with a $1.04 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 ListingModel NameBed/BathPrice Per Sq.Ft.
5853 Winnetka Ave N, Unit 5853 Winnetka Ave N5853 Winnetka Ave N4BR,2BA$1.23
Bass Lake Crossing2bed2BR,1BA$1.04
Pheasant Park Apartments2 Bedroom2BR,2BA$1.34
Kings Manor2bed2BR,1BA$1.14
Tradewinds Apartments2 Bed 1 Bath2BR,1BA$1.30
Twin Lakes Apartments2BR/1.0BA2BR,1BA$1.35
Chelsea ParkRobin1BR,1BA$1.25
Xerxes Apartments2 Bedroom 1 Bath2BR,1BA$1.43
Wingate Apartments1-bedroom1BR,1BA$1.41
New Hope Garden and VillageA11BR,1BA$1.46

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

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Pet Friendly Lifestyle
Welcome Park, Minneapolis, MN

Ranked #134

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Welcome Park

What type of rentals are currently available in Welcome Park?

There are currently 139 Apartments for Rent in Welcome Park, MN with pricing that ranges from $915 to $2,905. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Welcome Park ranging from $999 to $2,956.

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 $999 to $2,956 with an average monthly rent of $2,137.

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 $1,670 to $2,905, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,789 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $2,349.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.