Cheap Homes for Rent in East Lyn Lake Neighborhood of Minneapolis, MN from $600 (17 Rentals)

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Search the lowest-cost Homes available for rent right now in the East Lyn Lake area of Minneapolis.

property at 4023 14th Ave S

4023 14th Ave S

MinneapolisMN55407

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 2608 2nd Ave S

2608 2nd Ave S

MinneapolisMN55408

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.

property at 433 S 7th St

433 S 7th St

MinneapolisMN55415

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.

property at 4335 Cedar Ave S

4335 Cedar Ave S

MinneapolisMN55407
property at 1815 Clinton Ave

1815 Clinton Ave

MinneapolisMN55404

East Lyn Lake - 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!

Cheapest Available East Lyn Lake Apartments for Rent

 

The cheapest available apartment rental in the East Lyn Lake area of Minneapolis, MN is a 2 Beds unit found at East Phillips Commons priced from $400. Paige Hall has the second lowest priced unit, which is a Studio apartment currently listed from $551. Here are the most affordable East Lyn Lake apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
East Phillips Commons2 Bedroom2BR,1BA$400
Paige HallEfficiencyStudio,1BA$551
Morrison Village ApartmentsStudio/EfficiencyStudio,1BA$605
Shoreline PlazaStudioStudio,1BA$653
Buri ManorEfficiencyStudio,1BA$699

Best Value Apartments for Rent in East Lyn Lake, MN

As of May 15, 2025 the best value apartment in the East Lyn Lake area is the $1.33 price per square foot 3302 Harriet Ave Model at 3302 Harriet Ave, Unit 2 in the in the Lowry Hill East neighborhood starting from $3,200. The second greatest value East Lyn Lake apartment is the 2 Bedroom - Market Model at Midtown Exchange Apartments starting at $1,564 with a $1.16 price per square foot in the Powderhorn neighborhood. Here is today’s list of the best values for East Lyn Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3302 Harriet Ave, Unit 23302 Harriet Ave4BR,2BA$1.33
Midtown Exchange Apartments2 Bedroom - Market2BR,1BA$1.16
2300 Nicollet AvenueOne Bedroom1BR,1BA$0.97
East Phillips Commons2 Bedroom2BR,1BA$0.39
1810/12 Bryant Ave S2BR/1.0BA2BR,1BA$1.25
2828 Blaisdell Ave, Unit 2 Bedroom Apartment2828 Blaisdell Ave2BR,1BA$1.35
3105 16th Ave S, Unit Three3105 16th Ave S2BR,1BA$1.26
Three-Thirty-Three Oak Grove1 bed 1 Beth1BR,1BA$1.09
242 West Franklin Ave1BR/1.0BA1BR,1BA$1.35
3033 Grand Avenue S.3033 Grand Ave S - 1 Bedroom1BR,1BA$1.30

Frequently Asked Questions about East Lyn Lake

What type of rentals are currently available in East Lyn Lake?

There are currently 1694 Apartments for Rent in East Lyn Lake, MN with pricing that ranges from $612 to $15,685. There are also 90 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lyn Lake ranging from $600 to $6,500.

What is the current price range for Rental Homes in East Lyn Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in East Lyn Lake ranges from $600 to $6,500 with an average monthly rent of $2,494.

How much are larger Three and Four Bedroom Rentals in East Lyn Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in East Lyn Lake range from $1,300 to $8,986, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $4,250. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $1,950.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.