112 S 3rd St
MinneapolisMN55401
Cheap Homes for Rent in Downtown East Neighborhood of Minneapolis, MN from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown East area of Minneapolis.
433 S 7th St
MinneapolisMN55415
711 26th Ave S
MinneapolisMN55454
924 SE 9th Ave
MinneapolisMN55414
Downtown East
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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Downtown East, Minneapolis, MN Local Guide
How much does it cost to rent a home in Downtown East?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown East 2 Bedroom Homes for Rent | $2,997 | $1,650 | $7,900 |
| Downtown East 3 Bedroom Homes for Rent | $2,049 | $1,750 | $2,450 |
| Downtown East 4 Bedroom Homes for Rent | $2,608 | $2,295 | $3,050 |
| Downtown East 6 Bedroom Homes for Rent | $4,030 | $2,895 | $4,600 |
| Downtown East 7 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Downtown East Neighborhood of Minneapolis, MN.
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Downtown East, Minneapolis, MN Local Guide
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Best Value Apartments for Rent in Downtown East, MN
As of April 10, 2025 the best value apartment in the Downtown East area is the $1.44 price per square foot Sibley Model at The Breton Apartments in the in the University Of Minnesota neighborhood starting from $1,729. The second greatest value Downtown East apartment is the 3X3A Renovated Model at The Marshall starting at $889 with a $0.81 price per square foot in the University Of Minnesota neighborhood. Here is today’s list of the best values for Downtown East apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Breton Apartments | Sibley | 3BR,1BA | $1.44 |
| The Marshall | 3X3A Renovated | 3BR,3BA | $0.81 |
| The Rose | Two Bedroom | 2BR,2BA | $1.42 |
| 904-912 | 2BR/1.0BA | 2BR,1BA | $1.26 |
| 343 E 19th St, Unit 1B | 343 E 19th St | 1BR,1BA | $1.41 |
| Yugo Minneapolis 412 Lofts | 2 Bed, 2 Bath Classic | 2BR,2BA | $1.13 |
| The Chalet | 2 | 2BR,1BA | $1.00 |
| St. George Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.40 |
| Sela Campus University Apartments | Efficiency | Studio ,1BA | $1.46 |
| The Remington Campus Apartments | STUDIO | Studio ,1BA | $1.35 |
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Frequently Asked Questions about Downtown East
What type of rentals are currently available in Downtown East?
There are currently 500 Apartments for Rent in Downtown East, MN with pricing that ranges from $519 to $13,739. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown East ranging from $1,095 to $7,900.
What is the current price range for Rental Homes in Downtown East?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown East ranges from $1,095 to $7,900 with an average monthly rent of $2,894.
How much are larger Three and Four Bedroom Rentals in Downtown East?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown East range from $789 to $11,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $2,450. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $710.
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.
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.
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.
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.