Cheap Apartments for Rent in the Cleveland Neighborhood of Minneapolis, MN from $700 (58 Rentals)

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

Cleveland

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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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
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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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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 priced from $871. 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 ApartmentsStudioStudio,1BA$871
Cabana Apartments1 Bedroom1BR,1BA$950
The Point Apartments1 Bed/1 Bath1BR,1BA$995
Regent Place ApartmentsStudioStudio,1BA$995
Robinwood Apartments1-BR1BR,1BA$1,029
Broadway FlatsOne Bedroom C1BR,1BA$1,050
The RedwellPrairie SpyStudio,1BA$1,125
Lake PointeTonka1BR,1BA$1,189
4th and Park0x1 A2Studio,1BA$1,292

Best Value Apartments for Rent in Cleveland, MN

As of April 16, 2025 the best value apartment in the Cleveland area is the $1.61 price per square foot 5712 42nd Ave N Model at 5712 42nd Ave N, Unit 5712 Duplex in the in the Regent Place neighborhood starting from $2,095. The second greatest value Cleveland apartment is the 1726 James Ave N Model at 1726 James Ave N, Unit 1 starting at $850 with a $0.65 price per square foot in the Greater Near North 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.
5712 42nd Ave N, Unit 5712 Duplex5712 42nd Ave N4BR,1.5BA$1.61
1726 James Ave N, Unit 11726 James Ave N4BR,1BA$0.65
2104 Lowry Ave N, Unit 22104 Lowry Ave N2BR,1BA$1.33
Beach South at the LakeWillow2BR,1BA$1.66
The Cavanagh 55+ ApartmentsOne Bedroom - A1BR,1BA$1.61
Lake PointeTonka1BR,1BA$1.49
Cabana Apartments1 Bedroom1BR,1BA$1.23
Point 47 Apartments2 Bedroom (554/559)2BR,1BA$1.57
Robinwood Apartments1-BR1BR,1BA$1.49
The Point Apartments1 Bed/1 Bath1BR,1BA$1.53

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Cleveland, Minneapolis, MN

Ranked #102

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 $1,292.

What is the price of a cheap apartment in Cleveland?

The cheapest apartment in Cleveland is Aster Apartments which is listed at $939, while the average apartment in Cleveland costs $2,995.

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 10 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 $464 which is $2,531 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.

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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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.