
Cheap Apartments for Rent in Minneapolis, MN from $400 with Swimming Pool (204 Rentals)Page 4 of 5
Search the lowest-cost Apartments available for rent right now in Minneapolis.


River Glen Apartments

Pebblebrook Flats

Minnetonka Hills Apartments

Aquarius Apartments

Cedars of Edina Apartments

The Reeve Lakeside

808 Berry Place

Carbon31

The Oasis at Twin Lakes

Welcome to Equinox Apartments

4530 Park Commons Dr, Unit 207

Parker Station Flats

Hamline Pointe Apartments

The Hallon Luxury Apartments

Urban Park I and II Apartments

Ardor on the Bluffs South Loop Residences

Parklawn Estates

Park Glen Apartments

The Eddi

The Exchange Apartments

Hoigaard Village

Poplar Bridge

The Bower

The Fenley

Oak Pointe Apartments

Minikahda Court Apartments

Highland on the Park

The Lyric at Carleton Place

The Edina Towers

740 River Drive

The Covington Apartment Homes

Victoria Flats Roseville

Millennium Edina

The Liberty Apartments & Townhomes

Park Pointe

The Oaks on Pleasant

The Fairways at Edinburgh

Luxembourg Apartments

Lexington Heights
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 | $1,373 | $640 | $6,128 |
Minneapolis 1 Bedroom Apartments | $1,656 | $676 | $10,000+ |
Minneapolis 2 Bedroom Apartments | $2,335 | $519 | $10,000+ |
Minneapolis 3 Bedroom Apartments | $2,641 | $495 | $10,000+ |
Minneapolis 4 Bedroom Apartments | $2,255 | $495 | $5,341 |
Minneapolis 5 Bedroom Apartments | $3,381 | $2,295 | $4,050 |
Explore Minneapolis
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 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 $725.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is Wadaag Commons which is listed at $676, while the average apartment in Minneapolis costs $2,982.
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 11,984 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 $458 which is $2,524 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.

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.