Cheap Apartments for Rent in the 55407 ZIP Code of Minneapolis, MN from $300 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 55407 ZIP Code area of Minneapolis.

property at 3255 20th Ave S

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

Studio, 1 Bath Home for Rent

Available Now

3255 20th Ave S

MinneapolisMN55407
property at 2810 Park Ave

$875 - $1,160

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

Studio Rentals

Available Now

2810 Park Ave

MinneapolisMN55407
property at 3705 Chicago Ave

$1,100 - $1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 To 2 Bedroom Rentals

Available Now

3705 Chicago Ave

MinneapolisMN55407
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3541 13th
$1,135
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,075
Required Monthly Fees
$60

Total Monthly Price
$1,135
1 Bedroom Apartments Contact Us For Availability

3541 13th

3541 13th Ave SMinneapolis, MN 55407
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3530 18th Ave S
$1,155
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,095
Required Monthly Fees
$60

Total Monthly Price
$1,155
1 Bedroom Apartments Contact Us For Availability

3530 18th Ave S

3530 18th Ave SMinneapolis, MN 55407
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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.

property at 2932 15th Ave S

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

2932 15th Ave S

MinneapolisMN55407
property at 3140 16th Ave S

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

3140 16th Ave S

MinneapolisMN55407
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2709 Park Ave S
Studio to 1 Bedroom Apartments

2709 Park Ave S

2709 Park AveMinneapolis, MN 55407
  • Utilities Included
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2723 Cedar Ave S
1 Bedroom Apartments

2723 Cedar Ave S

2723 Cedar Ave SMinneapolis, MN 55407

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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2810 Park Ave
Studio Apartments

2810 Park Ave

2810 Park Ave SMinneapolis, MN 55407
Student Housing
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3537 11th Ave S
1 to 2 Bedroom Apartments

3537 11th Ave S

3537 11th Ave SMinneapolis, MN 55407
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Corcoran Park Apartments
Studio to 3 Bedroom Apartments

Corcoran Park Apartments

3320 Longfellow AveMinneapolis, MN 55407
  • Utilities Included
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3217 14th Ave S
Studio to 1 Bedroom Apartments

3217 14th Ave S

3217 14th Ave SMinneapolis, MN 55407
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Parkview Pointe
1 to 2 Bedroom Apartments

Parkview Pointe

3554 17th Ave SMinneapolis, MN 55407
  • Utilities Included
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SoPHI Apartments
Studio Apartments

SoPHI Apartments

811 E Lake StMinneapolis, MN 55407
Corporate Housing
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3141 22nd Ave S
1 to 2 Bedroom Apartments

3141 22nd Ave S

3141 22nd Ave SMinneapolis, MN 55407
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Ternary Flats
1 to 2 Bedroom Apartments

Ternary Flats

3601 13th Ave SMinneapolis, MN 55407
  • Utilities Included

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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Powderhorn Park
1 Bedroom Apartments

Powderhorn Park

3117 15th Ave SMinneapolis, MN 55407
  • Utilities Included
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Chicago Villas II
1 to 2 Bedroom Apartments

Chicago Villas II

4112 Chicago AveMinneapolis, MN 55407
  • Utilities Included
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Chicago Villas
1 to 2 Bedroom Apartments

Chicago Villas

4106 Chicago AveMinneapolis, MN 55407
  • Utilities Included
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Park Avenue Apartments
Studio to 2 Bedroom Apartments

Park Avenue Apartments

2801-2809 Park Ave SMinneapolis, MN 55407
  • Utilities Included
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Ternary Flats
1 to 2 Bedroom Apartments

Ternary Flats

3605 13th Ave SMinneapolis, MN 55407
  • Utilities Included

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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4840 Chicago
1 Bedroom Apartments

4840 Chicago

4840 Chicago AveMinneapolis, MN 55417
  • Utilities Included

Frequently Asked Questions about Cheap the 55407 ZIP Code Apartments

What is the Cheapest Studio apartment in 55407?

Currently the most affordable Cheap Studio Apartment in 55407 is at 12th & Court Lofts listed at $995.

How much is rent for a Cheap One Bedroom 55407 Apartment?

The lowest price for a Cheap One Bedroom 55407 Apartment is $511 at Ashlake Crossings Apartments 55+ Community.

What is the lowest price for a Cheap Two Bedroom 55407 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 55407 is starting from $1,172 at Poplar Forest.

What is the most affordable 55407 Three Bedroom Apartment?

The best deal on a cheap 55407 Three Bedroom Apartment rental is at Poplar Forest and starts from $1,243.

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.

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

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