Cheap Apartments for Rent in the 55401 ZIP Code of Minneapolis, MN from $300 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 55401 ZIP Code area of Minneapolis.

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$1,120 - $5,624
Total Monthly Price

Total Monthly Price

Base Rent
$1,112 - $5,616
Required Monthly Fees
$8
Total Monthly Price
$1,120 - $5,624
Studio to 2 Bedroom Apartments Available Now

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315 N 7th AveMinneapolis, MN 55401
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Mill City Quarter
Rent Specials
$1,213 - $1,642
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,209 - $1,638
Required Monthly Fees
$4
Total Monthly Price
$1,213 - $1,642
1 to 2 Bedroom Apartments Available Now

Mill City Quarter

300 S 2nd StMinneapolis, MN 55401
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Duffey Lofts
Rent Specials
$1,292 - $3,932
Total Monthly Price

Total Monthly Price

Base Rent
$1,234 - $3,874
Required Monthly Fees
$58
Total Monthly Price
$1,292 - $3,932
Studio to 2 Bedroom Apartments Available Now

Duffey Lofts

528 N Washington AveMinneapolis, MN 55401
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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.

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365 Nicollet
Rent Specials
$1,314 - $12,063
Total Monthly Price

Total Monthly Price

Base Rent
$1,280 - $12,029
Required Monthly Fees
$34
Total Monthly Price
$1,314 - $12,063
Studio to 3 Bedroom Apartments Available Now

365 Nicollet

365 Nicollet MallMinneapolis, MN 55401
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Velo
Rent Specials
$1,432 - $2,616
Total Monthly Price

Total Monthly Price

Base Rent
$1,428 - $2,612
Required Monthly Fees
$4
Total Monthly Price
$1,432 - $2,616
Studio to 2 Bedroom Apartments Available Now

Velo

115 N 2nd StMinneapolis, MN 55401
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The Paxon
$1,438 - $3,905
Total Monthly Price

Total Monthly Price

Base Rent
$1,434 - $3,901
Required Monthly Fees
$4
Total Monthly Price
$1,438 - $3,905
Studio to 2 Bedroom Apartments Available Now

The Paxon

360 N 1st StMinneapolis, MN 55401
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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City Place Lofts
Rent Specials
$1,249 - $1,490
Total Monthly Price

Total Monthly Price

Base Rent
$1,245 - $1,486
Required Monthly Fees
$4
Total Monthly Price
$1,249 - $1,490
Studio to 2 Bedroom Apartments Available Feb 1, 2026

City Place Lofts

730 Hennepin AveMinneapolis, MN 55403
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Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

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Huck Apartments
Rent Specials
$1,458 - $2,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,403 - $2,095
Required Monthly Fees
$55
Total Monthly Price
$1,458 - $2,150
Studio to 3 Bedroom Apartments Available Now

Huck Apartments

402 2nd St NEMinneapolis, MN 55413
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1302 Linden
1 Bedroom Apartments

1302 Linden

1302 Linden AveMinneapolis, MN 55403
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St Anthony Historic
Studio to 1 Bedroom Apartments

St Anthony Historic

210 E Hennepin AveMinneapolis, MN 55414
  • Utilities Included

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

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Showing Results 1-36, Page 1 of 1

Minneapolis, MN Local Guide

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

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Quick 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.

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Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap the 55401 ZIP Code Apartments

How much is rent for a Cheap One Bedroom 55401 Apartment?

The lowest price for a Cheap One Bedroom 55401 Apartment is $1,155 at Ashlake Crossings Apartments 55+ Community.

What is the lowest price for a Cheap Two Bedroom 55401 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 55401 is starting from $926 at Pinewood Forest Apartments.

What is the most affordable 55401 Three Bedroom Apartment?

The best deal on a cheap 55401 Three Bedroom Apartment rental is at Pinewood Forest Apartments and starts from $1,111.

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

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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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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.

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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.

decorative image for Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes article

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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!