
Cheap Apartments for Rent in the Marshall Terrace Neighborhood of Minneapolis, MN from $700 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in the Marshall Terrace area of Minneapolis.


Aster Apartments

4627 N Colfax Ave

The Marshall

Gateway Northeast

Broadway Flats

The Laker

Peregrine

Jax Apartments

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

4333 Fremont Ave N

Satori

Quarry Place

1000 Main Street Apartments

2207 N Bryant Ave

Verso

Frances

Huxley Apartments

Stonehouse Square

1609 4th St NE, Unit 3

3219 N 3rd St

Shingle Creek Commons Senior Living 55+

4060-4100 4th St NE

Senior 55+ - Hart Lake Apartments
Marshall Terrace, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Marshall Terrace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Marshall Terrace Studio Apartments | $1,317 | $871 | $1,585 |
Marshall Terrace 1 Bedroom Apartments | $1,613 | $875 | $2,225 |
Marshall Terrace 2 Bedroom Apartments | $2,090 | $1,195 | $3,325 |
Marshall Terrace 3 Bedroom Apartments | $2,189 | $1,399 | $3,630 |
Marshall Terrace 4 Bedroom Apartments | $2,304 | $850 | $3,295 |
Browse Apartments in this Neighborhood
There are currently 53 rentals with your search options within a 2 mile radius of the Marshall Terrace Neighborhood of Minneapolis, MN.
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Marshall Terrace, Minneapolis, MN Local Guide
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Cheapest Available Marshall Terrace Apartments for Rent
 The cheapest available apartment rental in the Marshall Terrace area of Minneapolis, MN is a 1 Bed unit found at Aldrich Apartments | Near I-94 & Theodore priced from $850. 4060-4100 4th St NE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $890. Here are the most affordable Marshall Terrace apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Aldrich Apartments | Near I-94 & Theodore | 1BR/1.0BA | 1BR,1BA | $850 |
4060-4100 4th St NE | One Bed | 1BR,1BA | $890 |
Central Avenue Lofts | 1 Bedroom | 1BR,1BA | $939 |
KAH Properties - 350 Building | 1BR 1BA | 1BR,1BA | $955 |
1118 Lowry Ave NE | 1BR/1.0BA | 1BR,1BA | $990 |
Broadway Flats | One Bedroom C | 1BR,1BA | $1,050 |
Gateway Northeast | 0C | Studio,1BA | $1,050 |
Bottineau Commons | 1 Bedroom | 1BR,1BA | $1,086 |
Senior 55+ - Hart Lake Apartments | 1 bedroom | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Marshall Terrace, MN
As of April 12, 2025 the best value apartment in the Marshall Terrace 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 Marshall Terrace 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 Marshall Terrace apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
304 12th Ave NE, Unit 2 | 304 12th Ave NE | 4BR,1BA | $1.45 |
1726 James Ave N, Unit 1 | 1726 James Ave N | 4BR,1BA | $0.65 |
Stonehouse Square | 2 bedroom/1 bathroom | 2BR,1BA | $1.34 |
Gauvette Park Apartments | 2 BR 1 Bath | 2BR,1BA | $1.44 |
2201 Central Ave NE, Unit 3 | 2201 Central Ave NE | 2BR,1BA | $1.68 |
Senior 55+ - Hart Lake Apartments | 1 bedroom | 1BR,1BA | $1.47 |
Aldrich Apartments | Near I-94 & Theodore | 1BR/1.0BA | 1BR,1BA | $1.13 |
Bottineau Commons | 1 Bedroom | 1BR,1BA | $1.56 |
Central Avenue Lofts | 1 Bedroom | 1BR,1BA | $1.38 |
4060-4100 4th St NE | One Bed | 1BR,1BA | $1.62 |
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Pet Friendly LifestyleMarshall Terrace, Minneapolis, MN
Ranked #112
Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Marshall Terrace Apartments
What is a cheap apartment in Marshall Terrace?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Marshall Terrace is under $1,150.
What is the price of a cheap apartment in Marshall Terrace?
The cheapest apartment in Marshall Terrace is Aldrich Apartments | Near I-94 & Theodore which is listed at $850, while the average apartment in Marshall Terrace costs $2,600.
What types of apartments are the cheapest in Marshall Terrace?
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 16 regular apartments in Marshall Terrace 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 Marshall Terrace?
Cheap apartments in Marshall Terrace have an average cost of $435 which is $2,165 cheaper than the average rent for all rentals in Marshall Terrace.
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.

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.

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.

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.

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.