524 20th Ave S, Unit 2
524 20th Ave S
MinneapolisMN55454
Cheap Homes for Rent in Downtown Neighborhood of Minneapolis, MN from $700 (10 Rentals)
Cheap Homes in the Downtown area of Minneapolis.
1805 11th Ave S
MinneapolisMN55404
112 S 3rd St
MinneapolisMN55401
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
433 S 7th St
MinneapolisMN55415
1815 Clinton Ave
MinneapolisMN55404
1815 Clinton Ave
MinneapolisMN55404
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
15 S 1st St, Unit A617
15 S 1st St
MinneapolisMN55401
15 S 1st St
MinneapolisMN55401
121 S Washington Ave, Unit 609
121 S Washington Ave
MinneapolisMN55401
Downtown - 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!
603 S 9th St
MinneapolisMN55404
Showing Results 1-10, Page 1 of 1
Downtown, Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $2,652 | $1,350 | $7,750 |
| Downtown 3 Bedroom Homes for Rent | $2,248 | $1,947 | $2,550 |
| Downtown 4 Bedroom Homes for Rent | $2,295 | $2,295 | $2,295 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Minneapolis, MN.
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Downtown, Minneapolis, MN Local Guide
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Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of Minneapolis, MN is a Studio unit found at Paige Hall priced from $551. Shoreline Plaza has the second lowest priced unit, which is a Studio apartment currently listed from $653. Here are the most affordable Downtown apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Paige Hall | Efficiency | Studio,1BA | $551 |
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| 214 Oak Grove Street | 0BR/1.0BA | Studio,1BA | $695 |
Best Value Apartments for Rent in Downtown, MN
As of May 03, 2025 the best value apartment in the Downtown area is the $1.41 price per square foot 343 E 19th St Model at 343 E 19th St, Unit 1B in the in the Greater Central neighborhood starting from $1,300. The second greatest value Downtown apartment is the Top floor 2 br Model at 310 8th St SE starting at $1,295 with a $1.44 price per square foot in the Marcy-Holmes neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 343 E 19th St, Unit 1B | 343 E 19th St | 1BR,1BA | $1.41 |
| 310 8th St SE | Top floor 2 br | 2BR,1BA | $1.44 |
| Three-Thirty-Three Oak Grove | 1 bed 1 Beth | 1BR,1BA | $1.09 |
| 242 West Franklin Ave | 1BR/1.0BA | 1BR,1BA | $1.35 |
| FIT | Classic - One Bedroom | 1BR,1BA | $1.43 |
| 225/227/233 Oak Grove St – Oak Grove Downtown | Triplets 1 Bedroom | 1BR,1BA | $1.47 |
| St. George Apartments | Studio-Deluxe | Studio ,1BA | $1.38 |
| Sela Campus University Apartments | Efficiency | Studio ,1BA | $1.46 |
| Haverhill | Origen Living | 1BR/1.0BA | 1BR,1BA | $1.39 |
| The Remington Campus Apartments | STUDIO | Studio ,1BA | $1.35 |
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Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 547 Apartments for Rent in Downtown, MN with pricing that ranges from $612 to $13,467. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $750 to $7,750.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $750 to $7,750 with an average monthly rent of $2,120.
How much are larger Three and Four Bedroom Rentals in Downtown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $1,300 to $11,957, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,947 to $2,550. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $1,983.
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.
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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
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.