Cheap Apartments for Rent in the Lyn-Lake Neighborhood of Minneapolis, MN from $400 (218 Rentals)

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

property at 3515 2nd Ave S

3515 2nd Ave S

MinneapolisMN55408
Showing Results 1-50, Page 1 of 5

Lyn-Lake, Minneapolis, MN Local Guide

Cheapest Neighborhoods for Apartments in Lyn-Lake, MN

Pricing Updated: 03/21/2025

Current apartment rentals in the Lyn-Lake, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lyn-Lake Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

Cheapest Available Lyn-Lake Apartments for Rent

 

The cheapest available apartment rental in the Lyn-Lake area of Minneapolis, MN is a 1 Bed unit found at Pillsbury Apartments | 2200 priced from $685. 1910 1st Ave S has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Lyn-Lake apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Pillsbury Apartments | 22001 Bedroom1BR,1BA$685
1910 1st Ave S0BR/1.0BAStudio,1BA$725
Greenway ApartmentsBlaisdell StudioStudio,1BA$736
3419 Nicollet Avenue3419 Nicollet Ave - StudioStudio,1BA$740
Lakesbury ApartmentsStudioStudio,1BA$745
Stevens Community Apartments1B/1Ba1BR,1BA$795
3016 Grand Avenue S.3016 Grand Ave S - 1 Bedroom1BR,1BA$800
3033 Grand Avenue S.3033 Grand Ave S - 1 Bedroom1BR,1BA$815
242 West Franklin Ave0BR/1.0BAStudio,1BA$825
Yorkshire Apartments3125 Holmes Ave - StudioStudio,1BA$840

Best Value Apartments for Rent in Lyn-Lake, MN

As of March 21, 2025 the best value apartment in the Lyn-Lake area is the $1.32 price per square foot Penthouse Model at 109 26th St E in the in the Whittier neighborhood starting from $2,450. The second greatest value Lyn-Lake apartment is the 2421 1st Ave S Model at 2421 1st Ave S, Unit 2419 #1 starting at $1,975 with a $1.29 price per square foot in the Whittier neighborhood. Here is today’s list of the best values for Lyn-Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
109 26th St EPenthouse1BR,2BA$1.32
2421 1st Ave S, Unit 2419 #12421 1st Ave S2BR,1BA$1.29
2209 Pleasant, Llc3 Bedroom3BR,1BA$1.26
3033 James Ave S2BR/1.0BA2BR,1BA$1.20
1810/12 Bryant Ave S2BR/1.0BA2BR,1BA$1.20
2421 Pillsbury Apartments2BR/1.0BA2BR,1BA$1.31
Stevens Community Apartments2B/1B2BR,1BA$1.22
3252 Girard Ave S1BR/1.0BA1BR,1BA$1.25
2912 Harriet Ave S1 BR1BR,1BA$1.25
Pillsbury Apartments | 22001 Bedroom1BR,1BA$1.14

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Pet Friendly Lifestyle
Lyn-Lake, Minneapolis, MN

Ranked #25

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across Minnesota, including Minneapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, pet-friendly features, places to raise kids, proximity to transit, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Lyn-Lake Apartments

What is the Cheapest Studio apartment in Lyn-Lake?

Currently the most affordable Cheap Studio Apartment in Lyn-Lake is at 1910 1st Ave S listed at $725.

How much is rent for a Cheap One Bedroom Lyn-Lake Apartment?

The lowest price for a Cheap One Bedroom Lyn-Lake Apartment is $685 at Pillsbury Apartments | 2200.

What is the lowest price for a Cheap Two Bedroom Lyn-Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lyn-Lake is starting from $995 at Stevens Community Apartments.

What is the most affordable Lyn-Lake Three Bedroom Apartment?

The best deal on a cheap Lyn-Lake Three Bedroom Apartment rental is at 2122 Grand Ave S and starts from $1,275.

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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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.