Cheap Homes for Rent in Bancroft Neighborhood of Minneapolis, MN from $600 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in the Bancroft area of Minneapolis.

property at 2608 2nd Ave S

2608 2nd Ave S

MinneapolisMN55408

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Bancroft - One of the Best Affordable Neighborhoods in Minneapolis

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

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Bancroft, Minneapolis, MN Local Guide

Cheapest Available Bancroft Apartments for Rent

 

The cheapest available apartment rental in the Bancroft area of Minneapolis, MN is a Studio unit found at 3325 Nicollet Avenue priced from $700. 3415 Nicollet Avenue has the second lowest priced unit, which is a Studio apartment currently listed from $735. Here are the most affordable Bancroft apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
3325 Nicollet Avenue3325 Nicollet Ave - StudioStudio,1BA$700
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio,1BA$735
3419 Nicollet Avenue3419 Nicollet Ave - StudioStudio,1BA$740
Lakesbury ApartmentsStudioStudio,1BA$745
The MiroStudioStudio,1BA$799

Best Value Apartments for Rent in Bancroft, MN

As of April 29, 2025 the best value apartment in the Bancroft area is the $1.33 price per square foot 3302 Harriet Ave Model at 3302 Harriet Ave, Unit 2 in the in the Lowry Hill East neighborhood starting from $3,200. The second greatest value Bancroft apartment is the 3 Bedroom plus Den Model at Midtown Exchange Apartments starting at $1,867 with a $1.22 price per square foot in the Powderhorn neighborhood. Here is today’s list of the best values for Bancroft apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3302 Harriet Ave, Unit 23302 Harriet Ave4BR,2BA$1.33
Midtown Exchange Apartments3 Bedroom plus Den3BR,1BA$1.22
2828 Blaisdell Ave, Unit 2 Bedroom Apartment2828 Blaisdell Ave2BR,1BA$1.35
3105 16th Ave S, Unit Three3105 16th Ave S2BR,1BA$1.26
2315-2321 Dupont Ave S2 bedroom2BR,1BA$1.39
2421 Pillsbury Apartments2BR/1.0BA2BR,1BA$1.31
2636 Fremont Ave S2BR/1.0BA2BR,1BA$1.44
Greenway ApartmentsPillsbury 1 Bed 1 Bath1BR,1BA$1.42
Aldrich Avenue ApartmentsStandard 1 Bedroom1BR,1BA$1.41
3033 Grand Avenue S.3033 Grand Ave S - 1 Bedroom1BR,1BA$1.30

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Frequently Asked Questions about Bancroft

What type of rentals are currently available in Bancroft?

There are currently 1134 Apartments for Rent in Bancroft, MN with pricing that ranges from $740 to $7,520. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bancroft ranging from $600 to $19,500.

What is the current price range for Rental Homes in Bancroft?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Bancroft ranges from $600 to $19,500 with an average monthly rent of $3,265.

How much are larger Three and Four Bedroom Rentals in Bancroft?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Bancroft range from $1,425 to $3,888, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $2,050.

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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.