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.

Bancroft

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 1 Bed unit found at 3325 Nicollet Avenue priced from $715. Greenway Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $734. Here are the most affordable Bancroft apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
3325 Nicollet Avenue3325 Nicollet Ave - 1 Bedroom1BR,1BA$715
Greenway ApartmentsBlaisdell StudioStudio,1BA$734
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio,1BA$735
3419 Nicollet Avenue3419 Nicollet Ave - StudioStudio,1BA$740
Lakesbury ApartmentsStudioStudio,1BA$745

Best Value Apartments for Rent in Bancroft, MN

As of April 09, 2025 the best value apartment in the Bancroft area is the $1.22 price per square foot 3 Bedroom plus Den Model at Midtown Exchange Apartments in the in the Powderhorn neighborhood starting from $1,867. The second greatest value Bancroft apartment is the 2BR/1.0BA Model at CMM 2514-2518 Emerson Manor starting at $1,475 with a $1.34 price per square foot in the Calhoun Isles 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.
Midtown Exchange Apartments3 Bedroom plus Den3BR,1BA$1.22
CMM 2514-2518 Emerson Manor2BR/1.0BA2BR,1BA$1.34
4721 Lyndale Ave S, Unit 24721 Lyndale Ave S2BR,1BA$1.18
Isles East2 Bedroom2BR,1BA$1.32
3105 16th Ave S, Unit Three3105 16th Ave S2BR,1BA$1.26
2926 Harriet Ave S2 BR2BR,1BA$1.17
2421 Pillsbury Apartments2BR/1.0BA2BR,1BA$1.31
3252 Girard Ave S1BR/1.0BA1BR,1BA$1.25
Park Place Apartments1 Bedroom1BR,1BA$1.32
3325 Nicollet Avenue3325 Nicollet Ave - 1 Bedroom1BR,1BA$1.13

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Frequently Asked Questions about Bancroft

What type of rentals are currently available in Bancroft?

There are currently 1132 Apartments for Rent in Bancroft, MN with pricing that ranges from $734 to $7,230. There are also 45 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 $5,589.

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 $4,052, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $2,400.

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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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.

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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.