Apartments for Rent in Minneapolis, MN Under $700 (46 Rentals)

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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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Emerson
1 to 3 Bedroom Apartments

Emerson

1600 N Emerson AveMinneapolis, MN 55411
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Huron Estates
Studio to 2 Bedroom Apartments

Huron Estates

614 Huron Blvd SEMinneapolis, MN 55414
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Brownstones Downtown
Studio to 1 Bedroom Apartments

Brownstones Downtown

500-508 15th St EMinneapolis, MN 55404
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Blaisdell 2312
Studio to 1 Bedroom Apartments

Blaisdell 2312

2312 S Blaisdell AveMinneapolis, MN 55404
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Spruce Place Apartments
Studio to 1 Bedroom Apartments

Spruce Place Apartments

1365 Spruce PlMinneapolis, MN 55403
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Buri Manor
Studio Apartments

Buri Manor

1515 Chicago AveMinneapolis, MN 55404

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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Tairrie House
Studio to 4 Bedroom Apartments

Tairrie House

609 Oak St SEMinneapolis, MN 55414
Student Housing
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The Chalet
Studio Apartments

The Chalet

3023 Lyndale AveMinneapolis, MN 55408
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Fieldhouse
1 to 5 Bedroom Apartments

Fieldhouse

805 15th Ave SEMinneapolis, MN 55414
Student Housing
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The Station on Washington
Studio to 2 Bedroom Apartments

The Station on Washington

620 Washington Ave SEMinneapolis, MN 55414
Student Housing
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The Brownstones
1 to 5 Bedroom Apartments

The Brownstones

800 4th St SEMinneapolis, MN 55414
Student Housing
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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

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Paige Hall
Studio Apartments

Paige Hall

727 5th Ave SMinneapolis, MN 55415
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FloCo Fusion
2 to 3 Bedroom Apartments

FloCo Fusion

1022 University Ave SEMinneapolis, MN 55414
Student Housing
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Bierman Place
1 to 4 Bedroom Apartments

Bierman Place

1401 6th St SEMinneapolis, MN 55414
Student Housing
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The Adams
Studio Apartments

The Adams

500 S 10th StMinneapolis, MN 55404
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Yugo Minneapolis 412 Lofts
Studio to 3 Bedroom Apartments

Yugo Minneapolis 412 Lofts

412 12th Ave SEMinneapolis, MN 55414
Student Housing
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Identity Dinkytown
Studio to 5 Bedroom Apartments

Identity Dinkytown

407 15th AveMinneapolis, MN 55414
Student Housing
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Dundry House
Studio to 1 Bedroom Apartments

Dundry House

1829 5th Ave SMinneapolis, MN 55404
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Chorus Apartments
Studio to 4 Bedroom Apartments

Chorus Apartments

1295 NE 2nd StHopkins, MN 55343
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Skyline Tower
Studio to 2 Bedroom Apartments

Skyline Tower

1247 Saint Anthony AveSt. Paul, MN 55104
Showing Results 1-46, Page 1 of 1

Minneapolis, MN Local Guide

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.

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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

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Stephanie • 4+ years in Minneapolis

February 25, 2025

A 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 Minneapolis

How much are Studio apartments in Minneapolis?

There are currently 932 Studio Apartments in Minneapolis with rent ranges from $612 to $6,852 with an average price of $1,369.

What is the current price range for One Bedroom Minneapolis Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Minneapolis ranges from $500 to $13,467 with an average monthly rent of $1,651.

What does renting a Two Bedroom Apartment in Minneapolis cost?

The monthly rent prices of Two Bedroom Apartments currently available in Minneapolis range from $519 to $23,459. Today's average rental price for Two Bedrooms here is $2,322.

How expensive are Minneapolis Three Bedroom Apartments?

There are currently 490 Three Bedroom Apartments listings available in Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $495 to $11,632 - averaging $2,502 for the location.

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.

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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.

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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.

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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.

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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.