Cheap Homes for Rent in Ericsson Neighborhood of Minneapolis, MN from $1,200 (16 Rentals)

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

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

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property at 2804 E 44th St

2804 E 44th St

MinneapolisMN55406

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Ericsson - 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!

property at 4509 42nd Ave S

4509 42nd Ave S

MinneapolisMN55406

Minneapolis's Best Affordable Neighborhoods

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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 2 Beds unit found at East Phillips Commons priced from $400. The Miro has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Ericsson apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
East Phillips Commons2 Bedroom2BR,1BA$400
The MiroStudioStudio,1BA$799
2338 Marshall Apartments1 Bed 1 Bath1BR,1BA$875
River FlatsBStudio,1BA$925
Exeter Place1 Bedroom 1 Bath - Exeter Place1BR,1BA$950

Best Value Apartments for Rent in Ericsson, MN

As of May 10, 2025 the best value apartment in the Ericsson area is the $1.25 price per square foot 2 Bedroom plus Den - Market Model at Midtown Exchange Apartments in the in the Powderhorn neighborhood starting from $1,604. The second greatest value Ericsson apartment is the 2 Bedroom Model at East Phillips Commons starting at $400 with a $0.39 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.
Midtown Exchange Apartments2 Bedroom plus Den - Market2BR,1BA$1.25
East Phillips Commons2 Bedroom2BR,1BA$0.39
3105 16th Ave S, Unit Three3105 16th Ave S2BR,1BA$1.26
Mount Curve Apartments2BR/1.0BA2BR,1BA$1.41
Minnehaha Apartmentsapt2 2br2BR,1BA$1.56
3752 18th Ave S, Unit #13752 18th Ave S1BR,1BA$1.37
Sabathani Senior HousingOne Bedroom1BR,1BA$1.44
Dakar on Lake1BR/1.0BA1BR,1BA$1.40
Cambridge CourtTwo Bedroom2BR,1BA$1.57
Exeter Place1 Bedroom 1 Bath - Exeter Place1BR,1BA$1.58

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Frequently Asked Questions about Ericsson

What type of rentals are currently available in Ericsson?

There are currently 420 Apartments for Rent in Ericsson, MN with pricing that ranges from $799 to $5,192. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ericsson ranging from $1,295 to $25,000.

What is the current price range for Rental Homes in Ericsson?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ericsson ranges from $1,295 to $25,000 with an average monthly rent of $3,402.

How much are larger Three and Four Bedroom Rentals in Ericsson?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ericsson range from $1,600 to $3,243, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $2,950. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $2,100.

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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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.

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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.

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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.