Cheap Apartments for Rent in the Cedar-Riverside Neighborhood of Minneapolis, MN from $500 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Cedar-Riverside area of Minneapolis.

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Riverside Plaza
Studio to 1 Bedroom Apartments

Riverside Plaza

1524 6th StMinneapolis, MN 55413
  • Utilities Included
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Ox-Op Apartments
1 to 2 Bedroom Apartments

Ox-Op Apartments

1111 S Washington AveMinneapolis, MN 55415

Cedar-Riverside - 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!

Cheapest Available Cedar-Riverside Apartments for Rent

 

The cheapest available apartment rental in the Cedar-Riverside area of Minneapolis, MN is a 4 Beds unit found at The Quad on Delaware priced from $640. Blue Goose Cooperative has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Cedar-Riverside apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
The Quad on DelawareD1R - Renovated 4 Bedroom 4 Bath4BR,4BA$640
Blue Goose CooperativeThe Painted BuntingStudio,1BA$850
Studios at 7 Corners0BR/1.0BAStudio,1BA$895
Ox-Op ApartmentsS1BR,1BA$1,274
Karinsplass Apartments1 Bedroom with Den - Market1BR,1BA$1,300

Best Value Apartments for Rent in Cedar-Riverside, MN

As of May 13, 2025 the best value apartment in the Cedar-Riverside area is the $1.12 price per square foot B1R - Renovated 2 Bedroom 2 Bath Model at The Quad on Delaware in the in the Elliot Park neighborhood starting from $899. The second greatest value Cedar-Riverside apartment is the 1 Bedroom with Den - Market Model at Karinsplass Apartments starting at $1,300 with a $1.64 price per square foot in the Cedar-Riverside neighborhood. Here is today’s list of the best values for Cedar-Riverside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Quad on DelawareB1R - Renovated 2 Bedroom 2 Bath2BR,2BA$1.12
Karinsplass Apartments1 Bedroom with Den - Market1BR,1BA$1.64
Minneapolis Grand ApartmentsOne Bedroom, One Bath1BR,1BA$1.99
HencenC102BR,1BA$2.61
ExpoBemidjiStudio ,1BA$2.75
EncoreAuditionStudio ,1BA$3.03
Ox-Op ApartmentsF1BR,1BA$2.77
HQ ApartmentsS1Studio ,1BA$2.82
Studios at 7 Corners0BR/1.0BAStudio ,1BA$1.99
Blue Goose CooperativeThe Painted BuntingStudio ,1BA$2.81

Getting Around the Cedar-Riverside Neighborhood in Minneapolis, MN

Walk Score®

85 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

92 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

74 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Cedar-Riverside Apartments

What is a cheap apartment in Cedar-Riverside?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cedar-Riverside is under $1,432.

What is the price of a cheap apartment in Cedar-Riverside?

The cheapest apartment in Cedar-Riverside is Ox-Op Apartments which is listed at $1,274, while the average apartment in Cedar-Riverside costs $3,070.

What types of apartments are the cheapest in Cedar-Riverside?

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 16 regular apartments in Cedar-Riverside 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 Cedar-Riverside?

Cheap apartments in Cedar-Riverside have an average cost of $368 which is $2,702 cheaper than the average rent for all rentals in Cedar-Riverside.

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.

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

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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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Navigating the Rental Market: Tips for First-Time Renters

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