Cheap Apartments for Rent in the 55407 ZIP Code of Minneapolis, MN from $300 (40 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 3705 Chicago Ave
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

3705 Chicago Ave

MinneapolisMN55407
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3530 18th Ave S
$1,130 - $1,175

Total Monthly Price

Base Rent$1,050 - $1,095
Required Monthly Fees$80

Total Monthly Price$1,130 - $1,175
12 Month Lease Term
1 Bedroom Apartments Available Soon

3530 18th Ave S

3530 18th Ave SMinneapolis, MN 55407
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Southsider
$1,144 - $1,938

Total Monthly Price

Base Rent$1,144 - $1,938

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Southsider

3029 22nd AveMinneapolis, MN 55407
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Dakar on Lake
Rent Specials
$1,149 - $1,199

Total Monthly Price

Base Rent$1,149 - $1,199

Total Monthly Price$1,149 - $1,199
1 Bedroom Apartments Available Now

Dakar on Lake

1626 E Lake StMinneapolis, MN 55407
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property at 3718 Oakland Ave S
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

3718 Oakland Ave S

MinneapolisMN55407
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Midwell
$1,175 - $1,700

Total Monthly Price

Base Rent$1,175 - $1,700

Total Monthly Price$1,175 - $1,700
1 to 3 Bedroom Apartments Available Now

Midwell

2835 11th Ave SMinneapolis, MN 55407
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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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B-Side
Rent Specials
$1,179 - $1,736

Total Monthly Price

Base Rent$1,179 - $1,736

Total Monthly Price$1,179 - $1,736
Studio to 2 Bedroom Apartments Available Now

B-Side

3027 22nd Ave SMinneapolis, MN 55407
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property at 3549 Columbus Ave S
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

3549 Columbus Ave S

MinneapolisMN55407
property at 3117 15th Ave S
$1,258

Total Monthly Price

Base Rent$1,258

Total Monthly Price$1,258
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

3117 15th Ave S

MinneapolisMN55407
property at 2609 16th Ave S
$1,258

Total Monthly Price

Base Rent$1,258

Total Monthly Price$1,258
1 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

2609 16th Ave S

MinneapolisMN55407

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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2723 Cedar Ave S
1 Bedroom Apartments

2723 Cedar Ave S

2723 Cedar Ave SMinneapolis, MN 55407
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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

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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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
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Powderhorn Park
1 Bedroom Apartments

Powderhorn Park

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

Chicago Villas II

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

Chicago Villas

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

Park Avenue Apartments

2801-2809 Park Ave SMinneapolis, MN 55407
  • Utilities Included

Minneapolis's Best Affordable Neighborhoods

Learn about Minneapolis, MN and the best places to live with original content written by our Minneapolis Local Expert Stephanie Lica

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Ternary Flats
1 to 2 Bedroom Apartments

Ternary Flats

3605 13th Ave SMinneapolis, MN 55407
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Parkview Pointe
1 to 2 Bedroom Apartments

Parkview Pointe

3554 17th Ave SMinneapolis, MN 55407
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Overland Apartments
Rent Specials
$1,297 - $1,520

Total Monthly Price

Base Rent$1,297 - $1,520

Total Monthly Price$1,297 - $1,520
Studio to 2 Bedroom Apartments Available Now

Overland Apartments

2325 E 38th St EMinneapolis, MN 55406
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4840 Chicago
1 Bedroom Apartments

4840 Chicago

4840 Chicago AveMinneapolis, MN 55417
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 $1,095.

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 $1,215 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 $1,453.

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

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Authentic Minneapolis: An Insider's 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.

decorative image for Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers article

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

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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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.