Cheap Apartments for Rent in Minneapolis, MN from $400 (1,633 Rentals)Page 18 of 33

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Search the lowest-cost Apartments available for rent right now in Minneapolis.

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4000 Aldrich Ave S
2 Bedroom Apartments

4000 Aldrich Ave S

4000 Aldrich Ave SMinneapolis, MN 55409
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2000 Sharon Ave SE
2 Bedroom Apartments

2000 Sharon Ave SE

2000 Sharon Ave SEMinneapolis, MN 55414
  • Utilities Included
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1004 7th St SE
2 Bedroom Apartments

1004 7th St SE

1004 7th St SEMinneapolis, MN 55414
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744 Polk St NE
2 Bedroom Apartments

744 Polk St NE

744 Polk St NEMinneapolis, MN 55413
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3735 Harriet Ave
2 Bedroom Apartments

3735 Harriet Ave

3735 Harriet AveMinneapolis, MN 55409
  • Utilities Included
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860 10th Ave SE
2 to 3 Bedroom Apartments

860 10th Ave SE

860 10th Ave SEMinneapolis, MN 55414
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403 6th St SE
4 Bedroom Apartments

403 6th St SE

403 6th St SEMinneapolis, MN 55414
  • Smoke Free
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3128 Salem Ave
3 Bedroom Apartments

3128 Salem Ave

3128 Salem AveMinneapolis, MN 55416
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3815 Glendale Ter
2 Bedroom Apartments

3815 Glendale Ter

3815 Glendale TerMinneapolis, MN 55410
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Zest
1 to 2 Bedroom Apartments

Zest

5426 Nicollet AveMinneapolis, MN 55419
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Gatsby Apartments
Studio to 2 Bedroom Apartments

Gatsby Apartments

1400 Park AveMinneapolis, MN 55404
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1327 7th St SE
2 Bedroom Apartments

1327 7th St SE

1327 7th St SEMinneapolis, MN 55414
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924 17th Ave
2 to 4 Bedroom Apartments

924 17th Ave

924 17th Ave SEMinneapolis, MN 55414
  • Utilities Included
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Gibson Apartments
1 to 2 Bedroom Apartments

Gibson Apartments

703 NE Central AveMinneapolis, MN 55414
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3611 Garfield Ave
2 Bedroom Apartments

3611 Garfield Ave

3611 Garfield AveMinneapolis, MN 55409
  • Smoke Free
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The Jourdain
2 Bedroom Apartments

The Jourdain

2006 Portland Ave SMinneapolis, MN 55404
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Cole Townhomes Co-op
2 to 3 Bedroom Apartments

Cole Townhomes Co-op

2425 Cole Ave SEMinneapolis, MN 55414
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714 4th St
3 Bedroom Apartments

714 4th St

714 4th St SEMinneapolis, MN 55414
Student Housing
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1410 Rollins Ave SE
2 Bedroom Apartments

1410 Rollins Ave SE

1410 Rollins Ave SEMinneapolis, MN 55414
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1804 16th Ave S
4 Bedroom Apartments

1804 16th Ave S

1804 16th Ave SMinneapolis, MN 55404
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1401 W 32nd St
2 Bedroom Apartments

1401 W 32nd St

1401 W 32nd StMinneapolis, MN 55408
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limeLIGHT
2 to 3 Bedroom Apartments

limeLIGHT

811 4th St SEMinneapolis, MN 55414
  • Utilities Included

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

Minneapolis, MN Area Reviews

  • Parks
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Stephanie4+ years in Minneapolis

February 25, 2025

A 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 $715.

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 $3,009.

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 13,523 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 $405 which is $2,604 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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.