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$739 - $1,369
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For AvailabilityThe Arrow Apartments
117 27th Ave SEMinneapolis, MN 55414
Cheap Furnished Apartments for Rent in Minneapolis, MN from $400 (56 Rentals)
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Cheap Apartments in Minneapolis.
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$849 - $3,043
Plus Fees
Studio to 3 Bedroom Apartments Available NowLoring Park
1300 Yale PlMinneapolis, MN 55403
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$850 - $2,594
Plus Fees
Studio to 2 Bedroom Apartments Available Now22 on the River
22 27th Ave SEMinneapolis, MN 55414
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$895 - $985
Plus Fees12 Month Lease Term
Studio Apartments Available NowVarsity Apartments
727 15th Ave SEMinneapolis, MN 55414
605 S 9th St
MinneapolisMN55404
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$980 - $1,290
Plus Fees12 Month Lease Term
Studio Apartments Available NowThe Endurance
725 8th St SEMinneapolis, MN 55414
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$1,000 - $1,644
Total Monthly Price
Studio to 1 Bedroom Apartments Available Mar 5Total Monthly Price
Base Rent
$985 - $1,629
Required Monthly Fees
$15
Total Monthly Price
$1,000 - $1,644
LaSalle Apartments
36 S 9th StMinneapolis, MN 55402
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$1,003 - $1,858
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$995 - $1,850
Required Monthly Fees
$8
Total Monthly Price
$1,003 - $1,858
FIT
515 E Grant StMinneapolis, MN 55404
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$1,050 - $1,950
Plus Fees
Studio to 2 Bedroom Apartments Available NowMinneapolis Grand Apartments
2401 Chicago AveMinneapolis, MN 55404
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$1,075 - $2,400
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Available NowThe Denn of Dinkytown
815 13th Ave SEMinneapolis, MN 55414
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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$1,142
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,135
Required Monthly Fees
$7
Total Monthly Price
$1,142
Rym Apartments
309-NE Ulysses StMinneapolis, MN 55413
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$1,195 - $1,295
Plus Fees
1 Bedroom Apartments Available NowKarmel Apartments
99 E 54th StMinneapolis, MN 55419
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$1,200 - $2,700
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Available Now617 10th Avenue SE
617 10th Ave SEMinneapolis, MN 55414
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$1,200 - $3,375
Plus Fees12 Month Lease Term
1 to 5 Bedroom Apartments Available Now525 Tenth Dinkytown Apartments Student Rental
525 10th Ave SEMinneapolis, MN 55414
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$1,210 - $1,860
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Bessemer at Seward Commons
2220 Snelling AveMinneapolis, MN 55404
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Rent Specials
$1,223 - $3,808
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,215 - $3,800
Required Monthly Fees
$8
Total Monthly Price
$1,223 - $3,808
Uptown Lake Apartments
1212 W Lake StMinneapolis, MN 55408
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$1,241 - $3,442
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,241 - $3,442
Total Monthly Price
$1,241 - $3,442
Luna
2520 8th St SMinneapolis, MN 55454
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$1,276 - $3,864
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,248 - $3,836
Required Monthly Fees
$28
Total Monthly Price
$1,276 - $3,864
430 Oak Grove
430 Oak Grove StMinneapolis, MN 55403
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$1,299 - $2,899
Total Monthly Price
Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,295 - $2,895
Required Monthly Fees
$4
Total Monthly Price
$1,299 - $2,899
Spectrum Apartments & Townhomes
815 9th Ave SEMinneapolis, MN 55414
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$1,331 - $2,397
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowOne Ten Grant
110 W Grant StMinneapolis, MN 55403
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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$1,344 - $3,301
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,329 - $3,286
Required Monthly Fees
$15
Total Monthly Price
$1,344 - $3,301
The Laker
2500 2nd St NEMinneapolis, MN 55418
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$1,348 - $1,827
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowFive15 on the Park
515 15th Ave SMinneapolis, MN 55454
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Rent Specials
$1,370 - $3,610
Plus Fees
Studio to 2 Bedroom Apartments Available Now7west
1800 Washington Ave SMinneapolis, MN 55454
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Rent Specials
$1,375 - $2,990
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,375 - $2,990
Total Monthly Price
$1,375 - $2,990
Kenwood Gables
700 Douglas AveMinneapolis, MN 55403
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$1,379 - $6,489
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,371 - $6,481
Required Monthly Fees
$8
Total Monthly Price
$1,379 - $6,489
Variant
315 N 7th AveMinneapolis, MN 55401
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$1,405 - $3,505
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,405 - $3,505
Total Monthly Price
$1,405 - $3,505
N&E
107 13th Ave NEMinneapolis, MN 55413
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$1,412 - $4,517
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,395 - $4,500
Required Monthly Fees
$17
Total Monthly Price
$1,412 - $4,517
MAX
150 26th Ave SEMinneapolis, MN 55414
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$1,450 - $1,550
Plus Fees1 Month Lease Term
Studio Apartments Available NowAberdeen Apartments
500 E 14th StMinneapolis, MN 55404
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$1,459 - $1,689
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available Feb 1Total Monthly Price
Base Rent
$1,459 - $1,689
Total Monthly Price
$1,459 - $1,689
MN46 Apartments
4555 Minnehaha AveMinneapolis, MN 55406
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$1,495 - $3,034
Plus Fees
1 to 2 Bedroom Apartments Available NowIntersect
310 N 2nd StMinneapolis, MN 55401
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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$1,520 - $7,890
Plus Fees
Studio to 3 Bedroom Apartments Available NowNIC on 5th
465 Nicollet MallMinneapolis, MN 55401
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Rent Specials
$1,560 - $3,736
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,535 - $3,711
Required Monthly Fees
$25
Total Monthly Price
$1,560 - $3,736
Foundry Lake Street
3118 West Lake StMinneapolis, MN 55416
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$1,560 - $3,895
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now1800 Lake
1800 W Lake StMinneapolis, MN 55408
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$1,600
Total Monthly Price3 Month Lease Term
1 Bedroom Apartment Available Apr 1Total Monthly Price
Base Rent
$1,600
Total Monthly Price
$1,600
2508 33rd Ave S, Unit 3
2508 33rd Ave SMinneapolis, MN 55406
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$850
Plus Fees
4 Bedroom Apartments Available Jun 1Grand and Finn Apartments
2124 Grand AveSt. Paul, MN 55105
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$900 - $1,600
Plus Fees
Studio to 1 Bedroom Apartments Available Now1511 Grand Ave
1511 Grand AveSt. Paul, MN 55105
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Rent Specials
$925
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$850
Required Monthly Fees
$75
Total Monthly Price
$925
796 Stewart Ave
796 Stewart AveSt. Paul, MN 55102
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Rent Specials
$990 - $2,245
Plus Fees
1 to 2 Bedroom Apartments Available NowGeorgetown on the River
5750 E River RdFridley, MN 55432
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$1,040 - $1,295
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowWinton House Apartments
7500-7544 Cedar Ave SRichfield, MN 55423
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Rent Specials
$1,045 - $1,200
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowChardon Court Apartments 55+
5700 Boone Ave NNew Hope, MN 55428
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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$1,050 - $2,649
Plus Fees
1 to 2 Bedroom Apartments Available NowLemay Lake Apartments
3015 Eagandale PlEagan, MN 55121
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Rent Specials
$1,153 - $1,995
Plus Fees
Studio to 2 Bedroom Apartments Available NowAIRE MSP Apartments
3 Appletree sqBloomington, MN 55425
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$1,191 - $1,465
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,191 - $1,465
Total Monthly Price
$1,191 - $1,465
RAY
2323 Charles AveSt. Paul, MN 55114
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$1,205 - $2,668
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,197 - $2,660
Required Monthly Fees
$8
Total Monthly Price
$1,205 - $2,668
Devonshire Apartments
10310 Devonshire RdBloomington, MN 55431
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$1,276 - $6,383
Plus Fees
Studio to 3 Bedroom Apartments Available NowVictoria Park and V2 Apartments
740 Victoria St SSt. Paul, MN 55102
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$1,305 - $3,019
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,305 - $3,019
Total Monthly Price
$1,305 - $3,019
ReNew West Bloomington
9900 Briar RdBloomington, MN 55437
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$1,315 - $2,790
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowThe Liberty Apartments and Townhomes
2448 Winnetka Ave NGolden Valley, MN 55427
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Rent Specials
$1,315 - $1,705
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowInternational Village Apartments
201 W 96th StBloomington, MN 55420
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Rent Specials
$1,330 - $2,180
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowCedars of Edina Apartments
7340 Gallagher DrEdina, MN 55435
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Rent Specials
$1,341 - $1,856
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,285 - $1,800
Required Monthly Fees
$56
Total Monthly Price
$1,341 - $1,856
The Pointe at Cedar Grove
1959 Silver Bell RdEagan, MN 55122
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent an apartment in Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,309 | $640 | $2,599 |
| Minneapolis 1 Bedroom Apartments | $1,573 | $500 | $8,159 |
| Minneapolis 2 Bedroom Apartments | $2,122 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,302 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,082 | $535 | $7,977 |
| Minneapolis 5 Bedroom Apartments | $3,341 | $2,250 | $3,795 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Minneapolis, MN Rentals by Map
See the most popular apartments and homes in Minneapolis, MN
Minneapolis, MN Area Reviews
Do you know the Minneapolis area?
Let everyone know!
Write a Review
Stephanie • 4+ years in Minneapolis
February 25, 2025A dream city for outdoorsy types who crave an urban experience...there's nothing like a day at the lakes or hitting up the Grand Rounds. Add amazing theater (like the Guthre) and restaurants and you have the perfect urban (but not too urban) lifestyle. The cost of living is going up but still pretty reasonable compared to most cities of a similar size and with similar cultural opportunities.
Frequently Asked Questions about Cheap Minneapolis Apartments
What is a cheap apartment in Minneapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Minneapolis is under $718.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is Allianze Sr. Community which is listed at $500, while the average apartment in Minneapolis costs $2,612.
What types of apartments are the cheapest in Minneapolis?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 15,198 regular apartments in Minneapolis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Minneapolis?
Cheap apartments in Minneapolis have an average cost of $409 which is $2,203 cheaper than the average rent for all rentals in Minneapolis.
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.