Cheap Apartments for Rent in the Lyn-Lake Neighborhood of Minneapolis, MN from $400 (196 Rentals)

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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Lyn-Lake - 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!

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Lyn-Lake, Minneapolis, MN Local Guide

Cheapest Available Lyn-Lake Apartments for Rent

 

The cheapest available apartment rental in the Lyn-Lake area of Minneapolis, MN is a Studio unit found at Morrison Village Apartments priced from $605. 3325 Nicollet Avenue has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Lyn-Lake apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Morrison Village ApartmentsStudio/EfficiencyStudio,1BA$605
3325 Nicollet Avenue3325 Nicollet Ave - StudioStudio,1BA$700
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio,1BA$735
3419 Nicollet Avenue3419 Nicollet Ave - StudioStudio,1BA$740
Lakesbury ApartmentsStudioStudio,1BA$745
Yorkshire Apartments3125 Holmes Ave - StudioStudio,1BA$750
Stevens Community Apartments1B/1Ba1BR,1BA$795
2800 Colfax0BR/1.0BAStudio,1BA$800
3016 Grand Avenue S.3016 Grand Ave S - 1 Bedroom1BR,1BA$800
Fremont Apartments | 3300StudioStudio,1BA$825

Best Value Apartments for Rent in Lyn-Lake, MN

As of April 28, 2025 the best value apartment in the Lyn-Lake area is the $0.97 price per square foot 3004 James Ave S Model at 3004 James Ave S, Unit 3J-2 3004 James Ave S. in the in the Calhoun Isles neighborhood starting from $1,700. The second greatest value Lyn-Lake apartment is the 3012 James Ave S Model at 3012 James Ave S, Unit 5 starting at $1,900 with a $1.36 price per square foot in the Calhoun Isles 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.
3004 James Ave S, Unit 3J-2 3004 James Ave S.3004 James Ave S3BR,1BA$0.97
3012 James Ave S, Unit 53012 James Ave S3BR,2BA$1.36
1810/12 Bryant Ave S2BR/1.0BA2BR,1BA$1.25
2828 Blaisdell Ave, Unit 2 Bedroom Apartment2828 Blaisdell Ave2BR,1BA$1.35
2315-2321 Dupont Ave S2 bedroom2BR,1BA$1.39
2421 Pillsbury Apartments2BR/1.0BA2BR,1BA$1.31
Stevens Community Apartments2B/1B2BR,1BA$1.22
242 West Franklin Ave1BR/1.0BA1BR,1BA$1.35
Aldrich Avenue ApartmentsStandard 1 Bedroom1BR,1BA$1.41
3033 Grand Avenue S.3033 Grand Ave S - 1 Bedroom1BR,1BA$1.30

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Pet Friendly Lifestyle
Lyn-Lake, Minneapolis, MN

Ranked #23

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 3325 Nicollet Avenue listed at $700.

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

The lowest price for a Cheap One Bedroom Lyn-Lake Apartment is $795 at Stevens Community Apartments.

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 3329 Nicollet Ave and starts from $2,450.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.