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from $1,5002 Bedroom Apartments Available Now
732 Polk St NE
732 Polk St NEMinneapolis, MN 55413
Cheap Apartments for Rent in Minneapolis, MN from $400 with Washer/Dryer (408 Rentals)Page 4 of 9
Search the lowest-cost Apartments available for rent right now in Minneapolis.
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from $1,5002 to 3 Bedroom Apartments Available Now
3329 Nicollet Ave
3329 Nicollet AveMinneapolis, MN 55408
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from $1,515Studio to 2 Bedroom Apartments Available Now
Arcata Apartments
901 Xenia Ave SMinneapolis, MN 55416
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from $1,540Studio to 3 Bedroom Apartments Available Now
NIC on 5th
465 Nicollet MallMinneapolis, MN 55401
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from $1,540Studio to 2 Bedroom Apartments Available Now
The Archive
110 N 1st StMinneapolis, MN 55401
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from $1,5501 to 3 Bedroom Apartments Available Jun 8
240 Park Avenue
240 Park AveMinneapolis, MN 55415
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from $1,5501 to 2 Bedroom Apartments Available May 1
1101 on Main Apartment Homes
1101 Main St NEMinneapolis, MN 55413
3342 Fremont Ave N
MinneapolisMN55412
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from $1,568Studio to 2 Bedroom Apartments Available May 7
Junction Flats
643 N 5th StMinneapolis, MN 55401
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from $1,5752 Bedroom Apartment Available Now
1508 California St NE, Unit 2
1508 California St NEMinneapolis, MN 55413
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from $1,5952 Bedroom Apartment Available Jun 1
3843 Quail Ave N, Unit 3843
3843 Quail Ave NMinneapolis, MN 55422
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from $1,5952 Bedroom Apartment Available Jun 1
3322 Stevens Ave, Unit 1
3322 Stevens AveMinneapolis, MN 55408
20 NE 2nd St
MinneapolisMN55413
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from $1,5951 to 2 Bedroom Apartments Available Now
Ironclad Residential
811 Washington Ave SMinneapolis, MN 55415
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from $1,6002 Bedroom Apartment Available May 1
2522 Howard St NE, Unit 1
2522 Howard St NEMinneapolis, MN 55418
1826 N Penn Ave
MinneapolisMN55411
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from $1,6002 Bedroom Apartment Available Now
2201 Central Ave NE, Unit 3
2201 Central Ave NEMinneapolis, MN 55418
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Studio to 2 Bedroom Apartments
700 on Washington - Historical Access
700 Washington Ave SEMinneapolis, MN 55414
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Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent an apartment in Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,363 | $612 | $6,128 |
| Minneapolis 1 Bedroom Apartments | $1,652 | $500 | $10,000+ |
| Minneapolis 2 Bedroom Apartments | $2,312 | $519 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,499 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,259 | $499 | $5,341 |
| Minneapolis 5 Bedroom Apartments | $3,096 | $2,195 | $3,995 |
Explore Minneapolis
Let everyone know!
Do you know the Minneapolis area?
If you’re an expert on all things Minneapolis, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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
Do you know the Minneapolis area?
Let everyone know!
Write a ReviewStephanie • 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 $700.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is Allianze Sr. Community which is listed at $500, while the average apartment in Minneapolis costs $3,130.
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 12,190 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 $403 which is $2,727 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.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.