
Cheap Homes for Rent in Ericsson Neighborhood of Minneapolis, MN from $1,200 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Ericsson area of Minneapolis.


5809 42nd Ave S

3300 41st Avenue South, Unit 3300 #2
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.

4335 Cedar Ave S

3544 Portland Ave

2804 E 44th St
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.

3501-3502 Minnehaha Ave

3236 3rd Avenue South, Unit 1

3100 Elliot Avenue, Unit 2
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.

3033 3rd Ave S

4350 Chicago Ave

2530 E 34th St, Unit XXX
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!

5136 Hiawatha Ave, Unit 101

3425 Columbus Ave.

4509 42nd Ave S
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

3449 Snelling Ave
Ericsson, Minneapolis, MN Local Guide

How much does it cost to rent a home in Ericsson?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Ericsson 2 Bedroom Homes for Rent | $3,878 | $1,325 | $10,000+ |
Ericsson 3 Bedroom Homes for Rent | $2,178 | $1,750 | $2,950 |
Ericsson 4 Bedroom Homes for Rent | $2,639 | $2,150 | $3,150 |
Ericsson 5 Bedroom Homes for Rent | $6,995 | $6,995 | $6,995 |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Ericsson Neighborhood of Minneapolis, MN.
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Ericsson, Minneapolis, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
East Phillips Commons | 2 Bedroom | 2BR,1BA | $400 |
The Miro | Studio | Studio,1BA | $799 |
2338 Marshall Apartments | 1 Bed 1 Bath | 1BR,1BA | $875 |
River Flats | B | Studio,1BA | $925 |
Exeter Place | 1 Bedroom 1 Bath - Exeter Place | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Midtown Exchange Apartments | 2 Bedroom plus Den - Market | 2BR,1BA | $1.25 |
East Phillips Commons | 2 Bedroom | 2BR,1BA | $0.39 |
3105 16th Ave S, Unit Three | 3105 16th Ave S | 2BR,1BA | $1.26 |
Mount Curve Apartments | 2BR/1.0BA | 2BR,1BA | $1.41 |
Minnehaha Apartments | apt2 2br | 2BR,1BA | $1.56 |
3752 18th Ave S, Unit #1 | 3752 18th Ave S | 1BR,1BA | $1.37 |
Sabathani Senior Housing | One Bedroom | 1BR,1BA | $1.44 |
Dakar on Lake | 1BR/1.0BA | 1BR,1BA | $1.40 |
Cambridge Court | Two Bedroom | 2BR,1BA | $1.57 |
Exeter Place | 1 Bedroom 1 Bath - Exeter Place | 1BR,1BA | $1.58 |
Quick Rent Budget Calculator
How much rent can you afford?
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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.

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.

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.

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.