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)
Search the lowest-cost Homes available for rent right now in the Downtown area of Minneapolis.
112 S 3rd St
MinneapolisMN55401
433 S 7th St
MinneapolisMN55415
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.
1815 Clinton Ave
MinneapolisMN55404
1815 Clinton Ave
MinneapolisMN55404
15 S 1st St, Unit A617
15 S 1st St
MinneapolisMN55401
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
MinneapolisMN55401
121 S Washington Ave, Unit 609
121 S Washington Ave
MinneapolisMN55401
603 S 9th St
MinneapolisMN55404
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!
20 NE 2nd St
MinneapolisMN55413
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 | $2,698 | $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
- Nearby Minneapolis neighborhoods
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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 |
| Buri Manor | Efficiency | Studio,1BA | $699 |
Best Value Apartments for Rent in Downtown, MN
As of May 09, 2025 the best value apartment in the Downtown area is the $1.44 price per square foot Top floor 2 br Model at 310 8th St SE in the in the Marcy-Holmes neighborhood starting from $1,295. The second greatest value Downtown apartment is the 1 bed 1 Beth Model at Three-Thirty-Three Oak Grove starting at $950 with a $1.09 price per square foot in the Greater Central 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. |
|---|---|---|---|
| 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 |
| East Town Apartments | Van Brocklin - 1 Bedroom | 1BR,1BA | $1.47 |
| 225/227/233 Oak Grove St – Oak Grove Downtown | Triplets 1 Bedroom | 1BR,1BA | $1.47 |
| Sela Campus University Apartments | Efficiency | Studio ,1BA | $1.46 |
| St. George Apartments | Studio-Deluxe | Studio ,1BA | $1.38 |
| Haverhill | Origen Living | 1BR/1.0BA | 1BR,1BA | $1.39 |
| Loring Grove Apartments | 1 Bedroom | 1BR,1BA | $1.48 |
| The Remington Campus Apartments | STUDIO | Studio ,1BA | $1.35 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 548 Apartments for Rent in Downtown, MN with pricing that ranges from $612 to $23,459. 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 $2,123.
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 $11,632, 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.
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.
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.