
Cheap Apartments for Rent in the Folwell Neighborhood of Minneapolis, MN from $700 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Folwell area of Minneapolis.


4627 N Colfax Ave

3029 Vincent Ave N, Unit 1

Broadway Flats

Robinwood Apartments

Point 47 Apartments

Gateway Northeast

The Laker

1615 N 26th Ave

Peregrine

1000 Main Street

Sawyer Apartments

Satori

2207 N Bryant Ave

The Redwell

Verso

Huck Apartments

Stonehouse Square

719 University Ave NE, Unit 719-1

3219 N 3rd St

Shingle Creek Commons Senior Living 55+

4060-4100 4th St NE

4115 Lowry Ave N, Unit 4111

The Point Apartments

Beach South at the Lake

Broadway Court Senior Apartments
Folwell, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Folwell?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Folwell Studio Apartments | $1,307 | $871 | $2,566 |
Folwell 1 Bedroom Apartments | $1,658 | $875 | $3,282 |
Folwell 2 Bedroom Apartments | $2,233 | $1,179 | $6,498 |
Folwell 3 Bedroom Apartments | $2,355 | $1,399 | $3,630 |
Folwell 4 Bedroom Apartments | $3,114 | $2,290 | $4,595 |
Browse Apartments in this Neighborhood
There are currently 44 rentals with your search options within a 2 mile radius of the Folwell Neighborhood of Minneapolis, MN.
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Folwell, Minneapolis, MN Local Guide
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Cheapest Available Folwell Apartments for Rent
 The cheapest available apartment rental in the Folwell area of Minneapolis, MN is a 1 Bed unit found at Aldrich Apartments | Near I-94 & Theodore priced from $850. 4060-4100 4th St NE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $890. Here are the most affordable Folwell apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Aldrich Apartments | Near I-94 & Theodore | 1BR/1.0BA | 1BR,1BA | $850 |
4060-4100 4th St NE | One Bed | 1BR,1BA | $890 |
Broadway Flats | Studio C | Studio,1BA | $908 |
KAH Properties - 350 Building | 1BR 1BA | 1BR,1BA | $955 |
The Point Apartments | 1 Bed/1 Bath | 1BR,1BA | $995 |
Point 47 Apartments | 1 Bedroom (554/559) | 1BR,1BA | $1,029 |
Robinwood Apartments | 1-BR | 1BR,1BA | $1,029 |
Point 47 Apartments (3501) | 1 Bedroom 1 Bath | 1BR,1BA | $1,029 |
Gateway Northeast | 0C | Studio,1BA | $1,050 |
Best Value Apartments for Rent in Folwell, MN
As of March 29, 2025 the best value apartment in the Folwell area is the $1.34 price per square foot 2 bedroom/1 bathroom Model at Stonehouse Square in the in the Nicollet Island neighborhood starting from $1,339. The second greatest value Folwell apartment is the 2 BR 1 Bath Model at Gauvette Park Apartments starting at $1,375 with a $1.44 price per square foot in the Audubon Park neighborhood. Here is today’s list of the best values for Folwell apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Stonehouse Square | 2 bedroom/1 bathroom | 2BR,1BA | $1.34 |
Gauvette Park Apartments | 2 BR 1 Bath | 2BR,1BA | $1.44 |
Aldrich Apartments | Near I-94 & Theodore | 1BR/1.0BA | 1BR,1BA | $1.13 |
Bottineau Commons | 1 Bedroom | 1BR,1BA | $1.58 |
Robinwood Apartments | 1-BR | 1BR,1BA | $1.49 |
The Point Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.53 |
Point 47 Apartments (3501) | 1 Bedroom 1 Bath | 1BR,1BA | $1.60 |
Broadway Flats | Studio C | Studio ,1BA | $1.55 |
4060-4100 4th St NE | One Bed | 1BR,1BA | $1.62 |
KAH Properties - 350 Building | 1BR 1BA | 1BR,1BA | $1.74 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleFolwell, Minneapolis, MN
Ranked #93
Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Folwell, Minneapolis-St. Paul, and the greater Minneapolis-St. Paul area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and easy access to the parks, multifamily communities for the kids, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Folwell Apartments
What is a cheap apartment in Folwell?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Folwell is under $1,050.
What is the price of a cheap apartment in Folwell?
The cheapest apartment in Folwell is Aldrich Apartments | Near I-94 & Theodore which is listed at $850, while the average apartment in Folwell costs $2,538.
What types of apartments are the cheapest in Folwell?
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 15 regular apartments in Folwell 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 Folwell?
Cheap apartments in Folwell have an average cost of $652 which is $1,886 cheaper than the average rent for all rentals in Folwell.
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.

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.

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.

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.