
Cheap Gated Apartments for Rent in Minneapolis, MN from $400 (502 Rentals)
Search the lowest-cost Apartments available for rent right now in Minneapolis.


Stage Apartments, LLC

Loring Manor Apartments

Loring Park Flats - 330 Oak Grove

Mall Apartments

St. Anthony Village

The Villa Apartments

Oak Grove Downtown Apartments

Uptown Plaza

Stradford Flats
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

Yale Place Apartments

Best Apartments

Colfax Manor

Hawthorne Gates

1907-1917 Colfax Ave S.

Stevens Community Apartments

Kings Highway Apartments

3537 11th Ave S

Mansard Apartments

Blaisdell Manor

The Belmont Apartments

2100 Aldrich

Wakpada Apartments

Loring Park

Park Pointe - Powderhorn Neighborhood

Isles East

Isles West

St. George Apartments

Colfax Villas I

FIT

Updated Boutique 28 Unit Building on Emerson

Ellis and Louise Apartments

3400 University Ave

Autumn Ridge Apartments

Broadway Flats

Garfield Court

Colfax Terrace

Fremont Apartments | 3300

Lake Street Manor

Girard Apartments

Abbott Apartments

225 Place Apartments

Drexel Apartments

Loring Grove Apartments

Pillsbury Apartments | 2200

LaSalle Apartments

29 Bryant Apartments

Grand Vista Apartments

Park Place Apartments
Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Minneapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Minneapolis Studio Apartments | $1,391 | $640 | $6,320 |
Minneapolis 1 Bedroom Apartments | $1,665 | $626 | $10,000+ |
Minneapolis 2 Bedroom Apartments | $2,327 | $519 | $10,000+ |
Minneapolis 3 Bedroom Apartments | $2,640 | $495 | $10,000+ |
Minneapolis 4 Bedroom Apartments | $2,263 | $495 | $5,341 |
Minneapolis 5 Bedroom Apartments | $3,385 | $2,295 | $4,050 |
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
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 the Cheapest Studio apartment in Minneapolis?
Currently the most affordable Cheap Studio Apartment in Minneapolis is at Paige Hall listed at $551.
How much is rent for a Cheap One Bedroom Minneapolis Apartment?
The lowest price for a Cheap One Bedroom Minneapolis Apartment is $715 at 3325 Nicollet Avenue.
What is the lowest price for a Cheap Two Bedroom Minneapolis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Minneapolis is starting from $723 at Holmes Park Village.
What is the most affordable Minneapolis Three Bedroom Apartment?
The best deal on a cheap Minneapolis Three Bedroom Apartment rental is at The Quad on Delaware and starts from $720.
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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.