
Cheap Apartments for Rent in the 55406 ZIP Code of Minneapolis, MN from $300 (70 Rentals)
Search the lowest-cost Apartments available for rent right now in the 55406 ZIP Code area of Minneapolis.


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Longfellow Place

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Mansard Apartments

Overland Apartments

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Corner 29 Apartments

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Lake Street Manor

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Oaks Hiawatha Station

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3200 Minnehaha Ave

Everlake Apartments

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CityLine
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.

Station 38 Apartments

Hiawatha Flats

Olive Apartments

The Argo

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Oaks Station Place

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MOD42 Apartments

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Wakpada Apartments

Beck46

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The Shale

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Snelling Yards
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.

Lowa46

Laurel Apartments

Brackett's Place Apartments

Minnehaha Flats Minnehaha Flats Minnehaha Flats

Minnehaha Apartments | 3608

Tudor Terrace

The Moline

The Hillock

Franklin Housing Co-op

Minnehaha Apartments | 4330
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.

Hiawatha Haven

Minnehaha Apartments | 3628

3912 Minnehaha Ave Apartments

Hennepin House Apartments

4052 Minnehaha Avenue

Simmons Manor

Riverside Flats

River Gates

Minnehaha Apartments

Millworks Lofts
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.

38th Street Station

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22 on the River

Bridgewater Crossings

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Cedars 94

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3512 23rd Ave S, Unit 1

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East River Terrace

Sanctuary Lofts

Southsider

Riverside Homes

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The Bessemer at Seward Commons
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Minneapolis, MN Local Guide

How much does it cost to rent an apartment in 55406?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 55406 Studio Apartments | $1,235 | $799 | $1,758 |
| 55406 1 Bedroom Apartments | $1,517 | $850 | $3,978 |
| 55406 2 Bedroom Apartments | $1,892 | $1,130 | $5,464 |
| 55406 3 Bedroom Apartments | $2,406 | $1,600 | $3,558 |
Browse Apartments in the 55406 Zip Code of Minneapolis
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Frequently Asked Questions about Cheap the 55406 ZIP Code Apartments
How much is rent for a Cheap One Bedroom 55406 Apartment?
The lowest price for a Cheap One Bedroom 55406 Apartment is $511 at Ashlake Crossings Apartments 55+ Community.
What is the lowest price for a Cheap Two Bedroom 55406 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 55406 is starting from $799 at Summit Pointe Apartments.
What is the most affordable 55406 Three Bedroom Apartment?
The best deal on a cheap 55406 Three Bedroom Apartment rental is at Stateside Landing and starts from $920.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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
Written by: Christine Leonard, Esq.
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.