Cheap Apartments for Rent in the Cedar-Riverside Neighborhood of Minneapolis, MN from $500 (17 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
Studio 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!

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1804 16th Ave S
4 Bedroom Apartments

1804 16th Ave S

1804 16th Ave SMinneapolis, MN 55404
Showing Results 1-17, Page 1 of 1

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 $620. Ox-Op Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $969. 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$620
Ox-Op ApartmentsCStudio,1BA$969
Minnehaha 94The Manhattan1BR,1BA$1,100
LunaPisces S1Studio,1BA$1,141
Minneapolis Grand ApartmentsOne Bedroom, One Bath1BR,1BA$1,250

Best Value Apartments for Rent in Cedar-Riverside, MN

As of April 21, 2025 the best value apartment in the Cedar-Riverside area is the $2.60 price per square foot Davenport Model at Expo in the in the Greater Central neighborhood starting from $3,130. The second greatest value Cedar-Riverside apartment is the B1R - Renovated 2 Bedroom 2 Bath Model at The Quad on Delaware starting at $890 with a $1.10 price per square foot in the Elliot Park 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.
ExpoDavenport2BR,2BA$2.60
The Quad on DelawareB1R - Renovated 2 Bedroom 2 Bath2BR,2BA$1.10
Karinsplass Apartments1 Bedroom with Den - Market1BR,1BA$1.64
Minneapolis Grand ApartmentsOne Bedroom, One Bath1BR,1BA$1.81
HencenC102BR,1BA$2.76
Minnehaha 94The Manhattan1BR,1BA$1.74
EncoreAuditionStudio ,1BA$3.03
Ox-Op ApartmentsF1BR,1BA$2.77
HQ ApartmentsV1Studio ,1BA$2.88
LunaPisces S1Studio ,1BA$2.58

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

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.

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 $1,333.

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

The cheapest apartment in Cedar-Riverside is Minnehaha 94 which is listed at $1,100, while the average apartment in Cedar-Riverside costs $3,000.

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 15 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 $346 which is $2,654 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

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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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.

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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.