
Cheap Apartments for Rent in Minneapolis, MN from $400 with Washer/Dryer (420 Rentals)
Search the lowest-cost Apartments available for rent right now in Minneapolis.


22 on the River

Wakpada Apartments

FIT

3400 University Ave

Overland Apartments

LaSalle Apartments

East River Terrace

Krystal Kourts
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

Deco 265

Minneapolis Grand Apartments

Oaks Hiawatha Station

PERIS Hill

Dakar on Lake

Lumos Apartments

Nico East

The Whit

Odie Apartments

Miro Apartments

Windsor Gates

Loring Park

Gateway Northeast

Hencen

The Central

Lyndy Apartments

The Denn of Dinkytown

Blue and Lime

The Laker

Karmel Apartments

Laurel Village

Akin Apartments

MOD42 Apartments

1615 N 26th Ave

3150 Lyndale Ave S, Unit 1

Ernestine Apartments

Revel

Timber & Tie

Southsider

Peregrine

Everlake Apartments

Station 38 Apartments

Jax Apartments

Artistry on 10th

The Bessemer at Seward Commons

29 Bryant Apartments

The Metro 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 | $6,320 |
Minneapolis 1 Bedroom Apartments | $1,671 | $461 | $10,000+ |
Minneapolis 2 Bedroom Apartments | $2,345 | $519 | $10,000+ |
Minneapolis 3 Bedroom Apartments | $2,620 | $495 | $10,000+ |
Minneapolis 4 Bedroom Apartments | $2,277 | $495 | $5,341 |
Minneapolis 5 Bedroom Apartments | $3,445 | $2,295 | $4,050 |
Explore Minneapolis
Minneapolis, MN Local Guide
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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 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 $461 at Juliette Apartments.
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.