Cheap Homes for Rent in Lee Park Neighborhood of Minneapolis, MN from $1,300 (10 Rentals)

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

property at 2740 Rosalyn Ct

2740 Rosalyn Ct

New HopeMN55427
property at 3447 N James Ave

3447 N James Ave

MinneapolisMN55412

Lee Park

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

Lee Park, Minneapolis, MN Local Guide

Cheapest Available Lee Park Apartments for Rent

 

The cheapest available apartment rental in the Lee Park area of Minneapolis, MN is a Studio unit found at Kings Manor priced from $900. Broadway Flats has the second lowest priced unit, which is a Studio apartment currently listed from $908. Here are the most affordable Lee Park apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Kings ManorStudioStudio,1BA$900
Broadway FlatsStudio CStudio,1BA$908
The Point Apartments1 Bed/1 Bath1BR,1BA$995

Best Value Apartments for Rent in Lee Park, MN

As of March 28, 2025 the best value apartment in the Lee Park area is the $1.69 price per square foot 5712 42nd Ave N Model at 5712 42nd Ave N, Unit 5712 Duplex in the in the Regent Place neighborhood starting from $2,200. The second greatest value Lee Park apartment is the 2bed Model at Kings Manor starting at $1,250 with a $1.19 price per square foot in the Becker neighborhood. Here is today’s list of the best values for Lee Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5712 42nd Ave N, Unit 5712 Duplex5712 42nd Ave N4BR,1.5BA$1.69
Kings Manor2bed2BR,1BA$1.19
Wingate Apartments2-Bedroom2BR,1BA$1.51
5026 42nd Ave N, Unit 1015026 42nd Ave N2BR,1BA$1.32
Douglas Drive TerraceTwo Bedroom2BR,1BA$1.40
Sumter Green ApartmentsThe Emerald1BR,1BA$1.72
Robinwood Apartments1-BR1BR,1BA$1.49
The Point Apartments1 Bed/1 Bath1BR,1BA$1.53
Point 47 Apartments (3501)1 Bedroom 1 Bath1BR,1BA$1.60
Broadway FlatsStudio CStudio ,1BA$1.55

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Frequently Asked Questions about Lee Park

What type of rentals are currently available in Lee Park?

There are currently 168 Apartments for Rent in Lee Park, MN with pricing that ranges from $900 to $4,595. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lee Park ranging from $1,300 to $2,995.

What is the current price range for Rental Homes in Lee Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lee Park ranges from $1,300 to $2,995 with an average monthly rent of $2,054.

How much are larger Three and Four Bedroom Rentals in Lee Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lee Park range from $1,550 to $3,595, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,375 and Four Bedroom Apartments start at $2,200.

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.