Cheap Apartments for Rent in the Folwell Neighborhood of Minneapolis, MN from $700 (44 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Folwell

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

close
View Me
Emerson
1 to 3 Bedroom Apartments

Emerson

1600 N Emerson AveMinneapolis, MN 55411
close
View Me
Birchhill Apartments
Studio to 2 Bedroom Apartments

Birchhill Apartments

3600 Fremont Ave NMinneapolis, MN 55412
close
View Me
Bell Lofts
1 to 3 Bedroom Apartments

Bell Lofts

816 N 21st AveMinneapolis, MN 55411
  • Utilities Included
close
View Me
1220 Main St NE
1 Bedroom Apartments

1220 Main St NE

1220 Main St NEMinneapolis, MN 55413
  • Utilities Included
close
View Me
1615 26th Ave N
1 to 2 Bedroom Apartments

1615 26th Ave N

1615 26th Ave NMinneapolis, MN 55411
  • Utilities Included
close
View Me
Bottineau Commons
1 to 3 Bedroom Apartments

Bottineau Commons

1800-1808 University Ave NEMinneapolis, MN 55418
  • Utilities Included
close
View Me
River Run Apartments
1 to 3 Bedroom Apartments

River Run Apartments

1434 Marshall St NEMinneapolis, MN 55413
  • Utilities Included
close
View Me
The Serene
Studio to 1 Bedroom Apartments

The Serene

829 NE Marshall StMinneapolis, MN 55413
close
View Me
Chelsea Park
1 to 2 Bedroom Apartments

Chelsea Park

4200 45th Ave NMinneapolis, MN 55422
  • Utilities Included
close
View Me
3927 W Broadway Ave
2 Bedroom Apartments

3927 W Broadway Ave

3927 W Broadway AveMinneapolis, MN 55422
  • Utilities Included
close
View Me
Broadway West Apartments
1 to 2 Bedroom Apartments

Broadway West Apartments

3711 W Broadway AveRobbinsdale, MN 55422
  • Utilities Included
close
View Me
Crystal Lake Estates
1 to 2 Bedroom Apartments

Crystal Lake Estates

3340-3350 Drew Ave NRobbinsdale, MN 55422
  • Utilities Included

Folwell, Minneapolis, MN Local Guide

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 4060-4100 4th St NE priced from $890. KAH Properties - 350 Building has the second lowest priced unit, which is a 1 Bed apartment currently listed from $955. Here are the most affordable Folwell apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
4060-4100 4th St NEOne Bed1BR,1BA$890
KAH Properties - 350 Building1BR 1BA1BR,1BA$955
The Point Apartments1 Bed/1 Bath1BR,1BA$995
Robinwood Apartments1-BR1BR,1BA$1,029
Broadway FlatsOne Bedroom C1BR,1BA$1,050
Gateway Northeast0CStudio,1BA$1,050
Bottineau Commons1 Bedroom1BR,1BA$1,086
The RedwellPrairie SpyStudio,1BA$1,125
FrancesLStudio,1BA$1,246

Best Value Apartments for Rent in Folwell, MN

As of April 13, 2025 the best value apartment in the Folwell area is the $1.45 price per square foot 304 12th Ave NE Model at 304 12th Ave NE, Unit 2 in the in the Nicollet Island neighborhood starting from $2,600. The second greatest value Folwell apartment is the 1726 James Ave N Model at 1726 James Ave N, Unit 1 starting at $850 with a $0.65 price per square foot in the Greater Near North neighborhood. Here is today’s list of the best values for Folwell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
304 12th Ave NE, Unit 2304 12th Ave NE4BR,1BA$1.45
1726 James Ave N, Unit 11726 James Ave N4BR,1BA$0.65
3737 Hubbard Ave. N- Windsor Court2BR/1.0BA2BR,1BA$1.30
Stonehouse Square2 bedroom/1 bathroom2BR,1BA$1.34
Gauvette Park Apartments2 BR 1 Bath2BR,1BA$1.44
Beach South at the LakeWillow2BR,1BA$1.66
Bottineau Commons1 Bedroom1BR,1BA$1.56
Robinwood Apartments1-BR1BR,1BA$1.49
The Point Apartments1 Bed/1 Bath1BR,1BA$1.53
4060-4100 4th St NEOne Bed1BR,1BA$1.62

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Folwell, Minneapolis, MN

Ranked #93

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $1,246.

What is the price of a cheap apartment in Folwell?

The cheapest apartment in Folwell is 4060-4100 4th St NE which is listed at $890, while the average apartment in Folwell costs $2,450.

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 17 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 $425 which is $2,025 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.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.