Cheap Homes for Rent in Lyn-Lake Neighborhood of Minneapolis, MN from $1,100 (16 Rentals)

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

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

property at 2881 Irving Ave S

2881 Irving Ave S

MinneapolisMN55408

Lyn-Lake

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

Read Article
Showing Results 1-16, Page 1 of 1

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 1 Bed unit found at 3325 Nicollet Avenue priced from $715. Greenway Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $734. Here are the most affordable Lyn-Lake apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
3325 Nicollet Avenue3325 Nicollet Ave - 1 Bedroom1BR,1BA$715
Greenway ApartmentsBlaisdell StudioStudio,1BA$734
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio,1BA$735
3419 Nicollet Avenue3419 Nicollet Ave - StudioStudio,1BA$740
Lakesbury ApartmentsStudioStudio,1BA$745

Best Value Apartments for Rent in Lyn-Lake, MN

As of April 09, 2025 the best value apartment in the Lyn-Lake area is the $1.33 price per square foot 3009 Knox Ave S Model at 3009 Knox Ave S, Unit #2 in the in the Calhoun Isles neighborhood starting from $2,400. The second greatest value Lyn-Lake apartment is the 2BR/1.0BA Model at CMM 2514-2518 Emerson Manor starting at $1,475 with a $1.34 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.
3009 Knox Ave S, Unit #23009 Knox Ave S3BR,2.5BA$1.33
CMM 2514-2518 Emerson Manor2BR/1.0BA2BR,1BA$1.34
Isles East2 Bedroom2BR,1BA$1.32
1810/12 Bryant Ave S2BR/1.0BA2BR,1BA$1.25
2926 Harriet Ave S2 BR2BR,1BA$1.17
2421 Pillsbury Apartments2BR/1.0BA2BR,1BA$1.31
Stevens Community Apartments2B/1B2BR,1BA$1.22
3252 Girard Ave S1BR/1.0BA1BR,1BA$1.25
Marie Antoinette1BR/1.0BA1BR,1BA$1.33
3325 Nicollet Avenue3325 Nicollet Ave - 1 Bedroom1BR,1BA$1.13

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

Frequently Asked Questions about Lyn-Lake

What type of rentals are currently available in Lyn-Lake?

There are currently 1020 Apartments for Rent in Lyn-Lake, MN with pricing that ranges from $700 to $7,230. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lyn-Lake ranging from $1,100 to $3,295.

What is the current price range for Rental Homes in Lyn-Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lyn-Lake ranges from $1,100 to $3,295 with an average monthly rent of $2,105.

How much are larger Three and Four Bedroom Rentals in Lyn-Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lyn-Lake range from $1,500 to $3,719, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,850. Four Bedroom Single-Family rentals are also available starting from $2,650 and Four Bedroom Apartments start at $2,400.

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.