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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 Apartments for Rent in Minneapolis, MN from $400 with Washer/Dryer (395 Rentals)
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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$796 - $1,788
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowWadaag Commons
1900 E 22nd StMinneapolis, MN 55404
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$799
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available Now2731 Pillsbury
2731 Pillsbury AveMinneapolis, MN 55408
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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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$877 - $3,136
Plus Fees
Studio to 3 Bedroom Apartments Available NowLoring Park
1300 Yale PlMinneapolis, MN 55403
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$895
Plus Fees
1 Bedroom Apartments Available Now1818 La Salle Ave
1818 La Salle AveMinneapolis, MN 55403
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$960 - $2,053
Plus Fees
Studio to 3 Bedroom Apartments Available NowNico East
1725 Nicollet AveMinneapolis, MN 55403
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$979 - $1,248
Plus Fees
Studio Apartments Available Jan 8, 2026Ladder 260
260 Portland AveMinneapolis, MN 55415
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$980 - $1,450
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Endurance
725 8th St SEMinneapolis, MN 55414
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$990 - $2,655
Plus Fees
Studio to 2 Bedroom Apartments Available NowMiro
1207 Glenwood AveMinneapolis, MN 55405
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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$998 - $1,341
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowThe Central
3503 2nd Ave SMinneapolis, MN 55408
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$1,000 - $1,700
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowEast Village
1423 S 11th AveMinneapolis, MN 55404
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$1,000 - $1,700
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$945 - $1,645
Required Monthly Fees
$55
Total Monthly Price
$1,000 - $1,700
29 Bryant Apartments
2934 Bryant Ave SMinneapolis, MN 55408
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$1,000 - $2,315
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$945 - $2,260
Required Monthly Fees
$55
Total Monthly Price
$1,000 - $2,315
Overland Apartments
2325 E 38th St EMinneapolis, MN 55406
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$1,000 - $1,644
Total Monthly Price
Studio to 1 Bedroom Apartments Available Jan 9, 2026Total 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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$1,031 - $4,396
Plus Fees
Studio to 2 Bedroom Apartments Available NowArtistry on 10th
95 S 10th StMinneapolis, MN 55403
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Rent Specials
$1,034 - $2,037
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,017 - $2,020
Required Monthly Fees
$17
Total Monthly Price
$1,034 - $2,037
Oaks Hiawatha Station
4540 Snelling AveMinneapolis, MN 55406
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$1,043 - $3,208
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,035 - $3,200
Required Monthly Fees
$8
Total Monthly Price
$1,043 - $3,208
Satori
835 W Broadway AveMinneapolis, MN 55411
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$1,050 - $1,820
Plus Fees
Studio to 2 Bedroom Apartments Available NowMinneapolis Grand Apartments
2401 Chicago AveMinneapolis, MN 55404
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$1,050 - $2,035
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,050 - $2,035
Total Monthly Price
$1,050 - $2,035
Everlake Apartments
2615 E 29th StMinneapolis, MN 55406
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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$1,065 - $1,619
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,010 - $1,564
Required Monthly Fees
$55
Total Monthly Price
$1,065 - $1,619
Alexander Apartments
3224-3236 Girard AveMinneapolis, MN 55408
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$1,071 - $1,739
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,067 - $1,735
Required Monthly Fees
$4
Total Monthly Price
$1,071 - $1,739
Flats at Malcolm Yards
505 SE Malcolm AveMinneapolis, MN 55414
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$1,075 - $2,445
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,025 - $2,395
Required Monthly Fees
$50
Total Monthly Price
$1,075 - $2,445
Rosa Apartments | MPLS
4201 Nicollet AveMinneapolis, MN 55409
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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
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Rent Specials
$1,088 - $1,351
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,029 - $1,292
Required Monthly Fees
$59
Total Monthly Price
$1,088 - $1,351
Mission Lofts
1219 W 31st StMinneapolis, MN 55408
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$1,095 - $1,610
Plus Fees12 Month Lease Term
Studio to 4 Bedroom Apartments Available NowTimber & Tie
900 14th Ave NEMinneapolis, MN 55413
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Rent Specials
$1,100 - $2,500
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowLaurel Village
1254 Hennepin Ave NMinneapolis, MN 55403
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Rent Specials
$1,110 - $1,296
Plus Fees
Studio to 1 Bedroom Apartments Available NowRivergate Apartments
115 2nd Ave SMinneapolis, MN 55401
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Rent Specials
$1,111 - $1,650
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,056 - $1,595
Required Monthly Fees
$55
Total Monthly Price
$1,111 - $1,650
Nox Apartments
2703 Girard Ave SMinneapolis, MN 55408
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$1,119 - $1,529
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,055 - $1,465
Required Monthly Fees
$64
Total Monthly Price
$1,119 - $1,529
Windsor Gates
6200 78th Ave NMinneapolis, MN 55443
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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$1,119 - $2,826
Plus Fees
Studio to 2 Bedroom Apartments Available NowMarquee
1410 Nicollet AveMinneapolis, MN 55403
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$1,120 - $5,624
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,112 - $5,616
Required Monthly Fees
$8
Total Monthly Price
$1,120 - $5,624
Variant
315 N 7th AveMinneapolis, MN 55401
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$1,120 - $3,100
Plus Fees
Studio to 1 Bedroom Apartments Available NowThe Whit
2201 Blaisdell AveMinneapolis, MN 55404
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$1,125 - $1,995
Plus Fees
Studio to 2 Bedroom Apartments Available NowStation 38 Apartments
3725 29th Ave SMinneapolis, MN 55406
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Rent Specials
$1,149 - $1,175
Plus Fees
1 Bedroom Apartments Available Feb 6, 2026MOD42 Apartments
4200 S 32nd AveMinneapolis, MN 55406
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$1,150
Plus Fees
Studio to 2 Bedroom Apartments Available NowB-Side
3027 22nd Ave SMinneapolis, MN 55407
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$1,150 - $1,175
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For Availability3700 Lyndale
3700-3708 Lyndale Ave SMinneapolis, MN 55409
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$1,150 - $1,295
Plus Fees
1 Bedroom Apartments Available NowKarmel Apartments
99 E 54th StMinneapolis, MN 55419
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$1,150 - $2,255
Plus Fees
Studio to 2 Bedroom Apartments Available NowJax Apartments
2333 Jackson St NEMinneapolis, MN 55418
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Rent Specials
$1,150 - $1,945
Total Monthly Price14 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,150 - $1,945
Total Monthly Price
$1,150 - $1,945
Fuller Park Flats
4738 Grand Ave SMinneapolis, MN 55419
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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$1,158 - $1,995
Plus Fees
Studio to 2 Bedroom Apartments Available Mar 31, 2026The Argo
3120 36th AveMinneapolis, MN 55406
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Rent Specials
$1,175 - $2,195
Plus Fees
Studio to 2 Bedroom Apartments Available Now1000 Main Street Apartments
1000 Main St NEMinneapolis, MN 55413
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$1,195 - $1,245
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Gables
1200 W Franklin AveMinneapolis, MN 55405
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Rent Specials
$1,199 - $1,699
Plus Fees
1 to 2 Bedroom Apartments Available NowDakar on Lake
1626 E Lake StMinneapolis, MN 55407
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$1,200
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,200
Total Monthly Price
$1,200
3105 16th Ave S, Unit Three
3105 16th Ave SMinneapolis, MN 55407
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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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$1,200 - $1,700
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,145 - $1,645
Required Monthly Fees
$55
Total Monthly Price
$1,200 - $1,700
Odie Apartments
607 W 28th StMinneapolis, MN 55408
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$1,205 - $2,025
Total Monthly Price
Studio to 2 Bedroom Apartments Available Dec 31Total Monthly Price
Base Rent
$1,205 - $2,025
Total Monthly Price
$1,205 - $2,025
2920 Dean Parkway Apartments
2920 Dean PkyMinneapolis, MN 55416
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$1,210 - $1,500
Plus Fees
Studio to 2 Bedroom Apartments Available NowDeco 265
265 Girard Ave NMinneapolis, MN 55405
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 | $1,307 | $640 | $5,541 |
| Minneapolis 1 Bedroom Apartments | $1,543 | $500 | $5,800 |
| Minneapolis 2 Bedroom Apartments | $2,161 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,397 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,108 | $479 | $7,953 |
| Minneapolis 5 Bedroom Apartments | $3,443 | $2,450 | $3,895 |
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
- School Districts
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.
Pet Friendly LifestyleMinneapolis, MN
Ranked #1
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $700.
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 $2,674.
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 15,732 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 $435 which is $2,239 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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!