Cheap Homes for Rent in Marshall Terrace Neighborhood of Minneapolis, MN from $1,100 (14 Rentals)

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Marshall Terrace - 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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Marshall Terrace, Minneapolis, MN Local Guide

Cheapest Available Marshall Terrace Apartments for Rent

 

The cheapest available apartment rental in the Marshall Terrace area of Minneapolis, MN is a Studio unit found at Aster Apartments priced from $871. 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 ListingModel NameBed/BathPriced From
Aster ApartmentsStudioStudio,1BA$871
4060-4100 4th St NEOne Bed1BR,1BA$890
Central Avenue Lofts1 Bedroom1BR,1BA$939
KAH Properties - 350 Building1BR 1BA1BR,1BA$955
1118 Lowry Ave NE1BR/1.0BA1BR,1BA$990

Best Value Apartments for Rent in Marshall Terrace, MN

As of April 17, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
304 12th Ave NE, Unit 2304 12th Ave NE4BR,1BA$1.45
1726 James Ave N, Unit 11726 James Ave N4BR,1BA$0.65
2104 Lowry Ave N, Unit 22104 Lowry Ave N2BR,1BA$1.33
Stonehouse Square2 bedroom/1 bathroom2BR,1BA$1.34
Gauvette Park Apartments2 BR 1 Bath2BR,1BA$1.44
2201 Central Ave NE, Unit 32201 Central Ave NE2BR,1BA$1.68
Senior 55+ - Hart Lake Apartments1 bedroom1BR,1BA$1.47
Bottineau Commons1 Bedroom1BR,1BA$1.56
Central Avenue Lofts1 Bedroom1BR,1BA$1.38
4060-4100 4th St NEOne Bed1BR,1BA$1.62

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Frequently Asked Questions about Marshall Terrace

What type of rentals are currently available in Marshall Terrace?

There are currently 402 Apartments for Rent in Marshall Terrace, MN with pricing that ranges from $850 to $25,557. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Marshall Terrace ranging from $1,100 to $5,999.

What is the current price range for Rental Homes in Marshall Terrace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Marshall Terrace ranges from $1,100 to $5,999 with an average monthly rent of $2,554.

How much are larger Three and Four Bedroom Rentals in Marshall Terrace?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Marshall Terrace range from $1,399 to $3,630, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $4,200. Four Bedroom Single-Family rentals are also available starting from $2,015 and Four Bedroom Apartments start at $850.

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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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.

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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.