Cheap Apartments for Rent in the Cleveland Neighborhood of Minneapolis, MN from $700 (61 Rentals)

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Cheap Apartments in the Cleveland area of Minneapolis.

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Cleveland - 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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Rent Specials
from $1,680Studio to 3 Bedroom Apartments Available Now

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200 University Ave SEMinneapolis, MN 55414
Transit Friendly
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Emerson
1 to 3 Bedroom Apartments

Emerson

1600 N Emerson AveMinneapolis, MN 55411
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Birchhill Apartments
Studio to 2 Bedroom Apartments

Birchhill Apartments

3600 Fremont Ave NMinneapolis, MN 55412
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Bell Lofts
1 to 3 Bedroom Apartments

Bell Lofts

816 N 21st AveMinneapolis, MN 55411
  • Utilities Included
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The Redwell
Studio to 1 Bedroom Apartments

The Redwell

1020 3rd St NMinneapolis, MN 55401
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1615 26th Ave N
1 to 2 Bedroom Apartments

1615 26th Ave N

1615 26th Ave NMinneapolis, MN 55411
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Chelsea Park
1 to 2 Bedroom Apartments

Chelsea Park

4200 45th Ave NMinneapolis, MN 55422
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3927 W Broadway Ave
2 Bedroom Apartments

3927 W Broadway Ave

3927 W Broadway AveMinneapolis, MN 55422
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Copperfield Hill two
1 Bedroom Apartments

Copperfield Hill two

4020 Lakeland Ave NMinneapolis, MN 55422
Senior Living
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Showing Results 1-50, Page 1 of 2

Cleveland, Minneapolis, MN Local Guide

Cheapest Available Cleveland Apartments for Rent

 

The cheapest available apartment rental in the Cleveland area of Minneapolis, MN is a Studio unit found at Aster Apartments in Near North Minneapolis priced from $791. Cabana Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Cleveland apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Aster Apartments in Near North Minneapolis0BR/1.0BAStudio,1BA$791
Cabana Apartments1 Bedroom1BR,1BA$950
The Point Apartments1 Bed/1 Bath1BR,1BA$995
Robinwood Apartments1-BR1BR,1BA$1,029
Broadway FlatsOne Bedroom C1BR,1BA$1,050
The RedwellHoneycrispStudio,1BA$1,050
PeregrineOne Bedroom1BR,1BA$1,113
SatoriShale1BR,1BA$1,127
Lake PointeTonka1BR,1BA$1,189
West Broadway Crescent412-2B2BR,1BA$1,277

Best Value Apartments for Rent in Cleveland, MN

As of May 09, 2025 the best value apartment in the Cleveland area is the $1.87 price per square foot 2BR/2.5BA Model at Phoenix North Loop in the in the Greater Central neighborhood starting from $2,649. The second greatest value Cleveland apartment is the 2 Bedroom A Model at Parker Station Flats starting at $2,050 with a $1.86 price per square foot in the Shingle Creek neighborhood. Here is today’s list of the best values for Cleveland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Phoenix North Loop2BR/2.5BA2BR,2.5BA$1.87
Parker Station Flats2 Bedroom A2BR,2BA$1.86
2940 Vincent Ave N, Unit 22940 Vincent Ave N2BR,1BA$1.58
West Broadway Crescent412-2B2BR,1BA$1.40
Lake PointeTonka1BR,1BA$1.49
Cabana Apartments1 Bedroom1BR,1BA$1.23
Beach South at the LakeMeadows1BR,1BA$1.82
Broadway FlatsOne Bedroom A1BR,1BA$1.69
Robinwood Apartments1-BR1BR,1BA$1.49
The Point Apartments1 Bed/1 Bath1BR,1BA$1.53

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Cleveland, Minneapolis, MN

Ranked #110

Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Cleveland Apartments

What is a cheap apartment in Cleveland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cleveland is under $1,277.

What is the price of a cheap apartment in Cleveland?

The cheapest apartment in Cleveland is Aster Apartments in Near North Minneapolis which is listed at $939, while the average apartment in Cleveland costs $2,841.

What types of apartments are the cheapest in Cleveland?

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 Cleveland 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 Cleveland?

Cheap apartments in Cleveland have an average cost of $429 which is $2,412 cheaper than the average rent for all rentals in Cleveland.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

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