
Cheap Apartments for Rent in the Cedar-Riverside Neighborhood of Minneapolis, MN from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cedar-Riverside area of Minneapolis.


Blue Goose Cooperative

Minneapolis Grand Apartments
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Minnehaha 94

Hencen

Seven Corners

Karinsplass Apartments
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Five15 on the Park

HQ Apartments

Groove Lofts
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4th and Park

700 on Washington - Historical Access
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!
Cedar-Riverside, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Cedar-Riverside?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cedar-Riverside Studio Apartments | $1,354 | $850 | $2,770 |
Cedar-Riverside 1 Bedroom Apartments | $2,023 | $1,075 | $3,760 |
Cedar-Riverside 2 Bedroom Apartments | $2,797 | $540 | $8,711 |
Cedar-Riverside 3 Bedroom Apartments | $3,914 | $730 | $9,673 |
Cedar-Riverside 4 Bedroom Apartments | $1,225 | $640 | $4,530 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Cedar-Riverside Neighborhood of Minneapolis, MN.
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Quad on Delaware | D1R - Renovated 4 Bedroom 4 Bath | 4BR,4BA | $640 |
Blue Goose Cooperative | The Painted Bunting | Studio,1BA | $850 |
Studios at 7 Corners | 0BR/1.0BA | Studio,1BA | $895 |
Ox-Op Apartments | S | 1BR,1BA | $1,274 |
Karinsplass Apartments | 1 Bedroom with Den - Market | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Quad on Delaware | B1R - Renovated 2 Bedroom 2 Bath | 2BR,2BA | $1.12 |
Karinsplass Apartments | 1 Bedroom with Den - Market | 1BR,1BA | $1.64 |
Minneapolis Grand Apartments | One Bedroom, One Bath | 1BR,1BA | $1.99 |
Hencen | C10 | 2BR,1BA | $2.61 |
Expo | Bemidji | Studio ,1BA | $2.75 |
Encore | Audition | Studio ,1BA | $3.03 |
Ox-Op Apartments | F | 1BR,1BA | $2.77 |
HQ Apartments | S1 | Studio ,1BA | $2.82 |
Studios at 7 Corners | 0BR/1.0BA | Studio ,1BA | $1.99 |
Blue Goose Cooperative | The Painted Bunting | Studio ,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
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 $1,432.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.