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from $4951 to 4 Bedroom Apartments Available Aug 22
Radius
701 15th Ave SEMinneapolis, MN 55414
Cheap Student Apartments for Rent in Minneapolis, MN from $400 (57 Rentals)
Student Housing Options in Minneapolis.
Cheap Apartments in Minneapolis.
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Rent Specials
from $519Studio to 4 Bedroom Apartments Available Now
Yugo Minneapolis Sydney Hall
308 15th Ave SEMinneapolis, MN 55414
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from $5352 to 4 Bedroom Apartments Available Now
University Village
2515 University Ave SEMinneapolis, MN 55414
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from $540Studio to 4 Bedroom Apartments Available Now
Hub Minneapolis
311 Harvard St SEMinneapolis, MN 55414
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from $570Studio to 4 Bedroom Apartments Available Aug 1
Accolade Minneapolis
2600 University Ave SEMinneapolis, MN 55414
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from $5752 to 4 Bedroom Apartments Available Now
The Quad on Delaware
2508 Delaware St SEMinneapolis, MN 55414
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from $6991 to 4 Bedroom Apartments Contact Us For Availability
The Arrow Apartments - Student Housing
117 27th Ave SEMinneapolis, MN 55414
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from $7311 to 4 Bedroom Apartments Available Now
The Knoll Dinkytown
1101 University Ave SEMinneapolis, MN 55414
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from $800Studio to 4 Bedroom Apartments Available Now
The Bridges Dinkytown
930 University Ave SEMinneapolis, MN 55414
Deciding Between a Student Apartment or a Dorm?
If you have the option of living off campus in your own apartment...that is the sure fire way to go! Learn a few reasons why. Click below to read more.
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from $845Studio to 2 Bedroom Apartments Available Now
Solhaus Apartments & Tower
2428 Delaware StMinneapolis, MN 55414
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from $9251 Bedroom Apartments Available Now
Yale Place Apartments
1212 Yale PlMinneapolis, MN 55403
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from $949Studio to 2 Bedroom Apartments Available Now
Sela Campus University Apartments
701 University Ave SEMinneapolis, MN 55414
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from $1,0751 to 4 Bedroom Apartments Available Now
The Denn of Dinkytown
815 13th Ave SEMinneapolis, MN 55414
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Rent Specials
from $1,192Studio to 3 Bedroom Apartments Available Now
Fourth Street Co-op Apartments
1227 4th St SEMinneapolis, MN 55414
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from $1,4251 to 4 Bedroom Apartments Available Aug 25
Doyle Apartments
1307 4th St SEMinneapolis, MN 55414
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Studio to 2 Bedroom Apartments
700 on Washington - Historical Access
700 Washington Ave SEMinneapolis, MN 55414
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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from $5092 to 4 Bedroom Apartments Available Now
The Pavilion on Berry Apartments
950 Jefferson Commons CirSt. Paul, MN 55114
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from $6952 to 3 Bedroom Apartments Available Now
88 Cleveland Avenue
88 Cleveland Ave NSt. Paul, MN 55104
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Rent Specials
from $7954 Bedroom Apartments Available Now
Grand & Finn II
2140 Grand AveSt. Paul, MN 55105
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from $8753 to 4 Bedroom Apartments Available Jun 1
Marshall at Finn
2127 Marshall AveSt. Paul, MN 55104
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
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 | $1,369 | $612 | $6,852 |
| Minneapolis 1 Bedroom Apartments | $1,651 | $500 | $10,000+ |
| Minneapolis 2 Bedroom Apartments | $2,322 | $519 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,502 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,344 | $535 | $5,660 |
| Minneapolis 5 Bedroom Apartments | $3,094 | $2,000 | $4,100 |
Explore Minneapolis
Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick 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.
Getting Around Minneapolis, MN
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
83 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
52 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $3,028.
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 14,627 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 $416 which is $2,612 cheaper than the average rent for all rentals in Minneapolis.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.