Cheap Apartments for Rent in the Ericsson Neighborhood of Minneapolis, MN from $400 (75 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Ericsson area of Minneapolis.

Ericsson

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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property at 3515 2nd Ave S

3515 2nd Ave S

MinneapolisMN55408
property at 2818 E 31st St

2818 E 31st St

MinneapolisMN55406

Minneapolis's Best Affordable Neighborhoods

Learn about Minneapolis, MN and the best places to live with original content written by our Minneapolis Local Expert Stephanie Lica

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3710 Minnehaha Ave
Studio to 2 Bedroom Apartments

3710 Minnehaha Ave

3710 Minnehaha AveMinneapolis, MN 55406
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Tudor Terrace
1 to 2 Bedroom Apartments

Tudor Terrace

3014 31st Ave SMinneapolis, MN 55406
  • Utilities Included
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3515 2nd Ave S
Studio Apartments

3515 2nd Ave S

3515 2nd Ave SMinneapolis, MN 55408
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Hiawatha Haven
1 Bedroom Apartments

Hiawatha Haven

3025 30th Ave SMinneapolis, MN 55406
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E 36th St Apartments
1 Bedroom Apartments

E 36th St Apartments

501 E 36th StMinneapolis, MN 55408
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4844 Chicago
1 Bedroom Apartments

4844 Chicago

4844 Chicago AveMinneapolis, MN 55417
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Corcoran Park Apartments
Studio to 3 Bedroom Apartments

Corcoran Park Apartments

3320 Longfellow AveMinneapolis, MN 55407
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3217 14th Ave S
Studio Apartments

3217 14th Ave S

3217 14th Ave SMinneapolis, MN 55407
Showing Results 1-50, Page 1 of 2

Ericsson, Minneapolis, MN Local Guide

Cheapest Available Ericsson Apartments for Rent

 

The cheapest available apartment rental in the Ericsson area of Minneapolis, MN is a Studio unit found at The Miro priced from $799. Lake Street Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $915. Here are the most affordable Ericsson apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
The MiroStudioStudio,1BA$799
Lake Street Manor1 Bedroom1BR,1BA$915
River FlatsBStudio,1BA$945
Overland ApartmentsUnionStudio,1BA$945
Cambridge CourtOne bedroom1BR,1BA$1,000
B-SideStudio AltStudio,1BA$1,002
CityLine ApartmentsBossenStudio,1BA$1,049

Best Value Apartments for Rent in Ericsson, MN

As of April 13, 2025 the best value apartment in the Ericsson area is the $1.55 price per square foot 4200 22nd Ave S Model at 4200 22nd Ave S in the in the Powderhorn neighborhood starting from $2,400. The second greatest value Ericsson apartment is the 3 Bedroom plus Den Model at Midtown Exchange Apartments starting at $1,867 with a $1.22 price per square foot in the Powderhorn neighborhood. Here is today’s list of the best values for Ericsson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4200 22nd Ave S4200 22nd Ave S3BR,1BA$1.55
Midtown Exchange Apartments3 Bedroom plus Den3BR,1BA$1.22
3322 Chicago Ave2Bed/1.5Bath2BR,1.5BA$1.68
3229 29th Ave S, Unit Upper3229 29th Ave S2BR,1BA$1.16
3105 16th Ave S, Unit Three3105 16th Ave S2BR,1BA$1.26
Mount Curve Apartments2BR/1.0BA2BR,1BA$1.41
Station 38 Apartments1C1BR,1BA$1.95
3416 Portland Ave S, Unit #43416 Portland Ave S1BR,1BA$1.39
Cambridge CourtOne bedroom1BR,1BA$1.67
Lake Street Manor1 Bedroom1BR,1BA$1.93

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Pet Friendly Lifestyle
Ericsson, Minneapolis, MN

Ranked #86

Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Ericsson Apartments

What is a cheap apartment in Ericsson?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ericsson is under $1,049.

What is the price of a cheap apartment in Ericsson?

The cheapest apartment in Ericsson is Lake Street Manor which is listed at $915, while the average apartment in Ericsson costs $3,558.

What types of apartments are the cheapest in Ericsson?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Ericsson that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Ericsson?

Cheap apartments in Ericsson have an average cost of $140 which is $3,418 cheaper than the average rent for all rentals in Ericsson.

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.

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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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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.

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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.

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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.