Cheap 1 Bedroom Apartments for Rent in the Diamond Lake Neighborhood of Minneapolis, MN from $995 (28 Rentals)

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property at 99 E 54th St

99 E 54th St

MinneapolisMN55419
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Diamond Lake Properties
1 Bedroom Apartments

Diamond Lake Properties

100-102 W Diamond Lake RdMinneapolis, MN 55419
  • Utilities Included

Diamond Lake

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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4844 Chicago
1 Bedroom Apartments

4844 Chicago

4844 Chicago AveMinneapolis, MN 55417
  • Utilities Included
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4422 Nicollet Ave
1 Bedroom Apartments

4422 Nicollet Ave

4422 Nicollet AveMinneapolis, MN 55419
  • Utilities Included
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Casablanca
1 Bedroom Apartments

Casablanca

4711 Nicollet Ave SMinneapolis, MN 55419
  • Utilities Included
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4610 Bryant Ave S
1 Bedroom Apartments

4610 Bryant Ave S

4610 Bryant Ave SMinneapolis, MN 55419
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InHabit Apartments
1 Bedroom Apartments

InHabit Apartments

5924 Pillsbury Ave SMinneapolis, MN 55419
  • Utilities Included
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Pleasant Ave Apartments
1 Bedroom Apartments

Pleasant Ave Apartments

6401-6421 Pleasant AveRichfield, MN 55423
Senior Living
  • Utilities Included
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Eastfield
1 Bedroom Apartments

Eastfield

7137 Chicago Ave SRichfield, MN 55423
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1001/15 East 66th St.
1 Bedroom Apartments

1001/15 East 66th St.

1001-1015 E 66th StRichfield, MN 55423
  • Utilities Included
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Hub Apartments
1 Bedroom Apartments

Hub Apartments

200-212 W 65th StRichfield, MN 55423
  • Utilities Included

Diamond Lake, Minneapolis, MN Local Guide

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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Getting Around the Diamond Lake Neighborhood in Minneapolis, MN

Walk Score®

53 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

45 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Diamond Lake Apartments

What is the Cheapest Studio apartment in Diamond Lake?

Currently the most affordable Cheap Studio Apartment in Diamond Lake is at Lyndale Garden listed at $1,025.

How much is rent for a Cheap One Bedroom Diamond Lake Apartment?

The lowest price for a Cheap One Bedroom Diamond Lake Apartment is $1,025 at Lyndale Garden.

What is the lowest price for a Cheap Two Bedroom Diamond Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Diamond Lake is starting from $1,025 at Lyndale Garden.

What is the most affordable Diamond Lake Three Bedroom Apartment?

The best deal on a cheap Diamond Lake Three Bedroom Apartment rental is at Lyndale Garden and starts from $1,025.

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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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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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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.