
Cheap Gated Apartments for Rent in Minneapolis, MN from $400 (519 Rentals)
Search the lowest-cost Apartments available for rent right now in Minneapolis.


Stevens Community Apartments

Colfax Manor

Stage Apartments, LLC

Loring Grove Apartments

Copenhagen Enterprises

Loring Manor Apartments

Oak Grove Downtown Apartments

Solhaus Apartments

22 on the River
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

Loring Park Flats - 330 Oak Grove

Mall Apartments

Fremont Apartments | 3300

St. Anthony Village

The Villa Apartments

Stradford Flats

Yale Place Apartments

Best Apartments

Colfax Terrace

Hawthorne Gates

1907-1917 Colfax Ave S.

Kings Highway Apartments

Blaisdell Manor

Girard Apartments

2100 Aldrich

Knox and Lagoon Apartments

The Belmont Apartments

Wakpada Apartments

Park Pointe - Powderhorn Neighborhood

Bossen Park Apartments

Lake Street Manor

Grand Vista Apartments

3029 Garfield Ave

Colfax Villas I

FIT

St. George Apartments

Ellis and Louise Apartments

Updated Boutique 28 Unit Building on Emerson

3400 University Ave

Autumn Ridge Apartments

Garfield Court

Abbott Apartments

2219 Garfield Ave

Isles West

Park Place Apartments

225 Place Apartments

Drexel 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 | $1,380 | $640 | $6,643 |
Minneapolis 1 Bedroom Apartments | $1,663 | $789 | $10,000+ |
Minneapolis 2 Bedroom Apartments | $2,357 | $519 | $10,000+ |
Minneapolis 3 Bedroom Apartments | $2,667 | $495 | $10,000+ |
Minneapolis 4 Bedroom Apartments | $2,251 | $495 | $5,341 |
Minneapolis 5 Bedroom Apartments | $3,503 | $2,550 | $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.
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 $723.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is Pillsbury Apartments | 2200 which is listed at $685, while the average apartment in Minneapolis costs $2,908.
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 267,598 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 $425 which is $2,483 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.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.