
Cheap Apartments for Rent in the 55407 ZIP Code of Minneapolis, MN from $300 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the 55407 ZIP Code area of Minneapolis.


2725 Bloomington Ave

Southsider

3705 Chicago Ave

B-Side

Total Monthly Price
Park Pointe - Powderhorn Neighborhood

Total Monthly Price
3530 18th Avenue

Dakar on Lake

Total Monthly Price
3105 16th Ave S, Unit Three
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.

2932 15th Ave S

3140 16th Ave S

3718 Oakland Ave S

Total Monthly Price
3233 Chicago Ave, Unit 2

East Phillips Commons

15th Avenue Apartments

Longfellow Apartments

2723 Cedar Ave South

2810 Park Ave
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.

3537 11th Ave S

Powderhorn Terrace Apartments

Corcoran Park Apartments

3217 14th Ave S

Parkview Pointe

2709 Park Ave S

SoPHI Apartments | Spacious Studios!

The Midwell

3141 22nd Ave S
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.

Ternary Flats

Midtown Exchange Apartments

Powderhorn Park

Chicago Villas II

Chicago Villas

Park Avenue Apartments

Powderhorn Park Apartments

Ternary Flats

Swedish House Apartments
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.

Total Monthly Price
Overland Apartments

4840 Chicago
Minneapolis, MN Local Guide

How much does it cost to rent an apartment in 55407?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 55407 Studio Apartments | $1,150 | $1,000 | $1,270 |
| 55407 1 Bedroom Apartments | $1,215 | $670 | $1,630 |
| 55407 2 Bedroom Apartments | $1,638 | $1,100 | $2,350 |
| 55407 3 Bedroom Apartments | $1,897 | $1,799 | $1,995 |
Browse Apartments in the 55407 Zip Code of Minneapolis
Explore Minneapolis
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 $935 at The Westie.
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.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.

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.