Cheap Apartments for Rent in the 55454 ZIP Code of Minneapolis, MN from $300 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 55454 ZIP Code area of Minneapolis.

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Five15 on the Park
$965 - $1,862
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$965 - $1,862

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Five15 on the Park

515 15th Ave SMinneapolis, MN 55454
Furnished
  • Verified
  • Customer Reviewed
  • Low Income
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Studios at 7 Corners
$975 - $1,545
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925 - $1,495
Required Monthly Fees
$50

Total Monthly Price
$975 - $1,545
Studio to 2 Bedroom Apartments Available Now

Studios at 7 Corners

1414 S 3rd StMinneapolis, MN 55454
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
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Luna Apartments
Rent Specials
$1,311 - $2,311
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295 - $2,295
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Luna Apartments

2520 8th St SMinneapolis, MN 55454
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Riverside Plaza
Studio to 4 Bedroom Apartments

Riverside Plaza

1524 6th StMinneapolis, MN 55413
  • Utilities Included
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904-912
Studio to 3 Bedroom Apartments

904-912

904 21st Ave SMinneapolis, MN 55404
  • Utilities Included
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Tairrie House
Studio to 4 Bedroom Apartments

Tairrie House

609 Oak St SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Franklin Housing Co-op
1 to 2 Bedroom Apartments

Franklin Housing Co-op

2300 E Franklin AveMinneapolis, MN 55406
  • Utilities Included
  • Smoke Free
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1301 University
Studio to 4 Bedroom Apartments

1301 University

1301 University Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Ox-Op Apartments
Studio to 2 Bedroom Apartments

Ox-Op Apartments

1111 S Washington AveMinneapolis, MN 55415

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.

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

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Articles, How-To's, and Tips

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

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

Written by: Lauren Harrington

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