
Cheap Homes for Rent in Marshall Terrace Neighborhood of Minneapolis, MN from $1,100 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Marshall Terrace area of Minneapolis.


634 19th Ave NE
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

3938 N Lyndale Ave

2526 UNIVERSITY AVE NE Minneapolis, Unit 2
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

3514 Emerson Ave N

347 24th Ave NE
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.

3600 Penn Ave N, Unit Northpennvillage

4906 N Newton Ave
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!

1034 NE 18th Ave

722 Monroe St NE, Unit 2
Marshall Terrace, Minneapolis, MN Local Guide

How much does it cost to rent a home in Marshall Terrace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Marshall Terrace 2 Bedroom Homes for Rent | $1,962 | $1,445 | $2,895 |
Marshall Terrace 3 Bedroom Homes for Rent | $2,131 | $1,400 | $2,995 |
Marshall Terrace 4 Bedroom Homes for Rent | $2,541 | $2,100 | $3,250 |
Marshall Terrace 5 Bedroom Homes for Rent | $2,400 | $2,250 | $2,550 |
Marshall Terrace 6 Bedroom Homes for Rent | $2,947 | $2,700 | $3,195 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 Studio unit found at Aster Apartments in Near North Minneapolis priced from $750. 4060-4100 4th St NE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Marshall Terrace apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Aster Apartments in Near North Minneapolis | 0BR/1.0BA | Studio,1BA | $750 |
4060-4100 4th St NE | One Bed | 1BR,1BA | $900 |
Central Avenue Lofts | 1 Bedroom | 1BR,1BA | $939 |
Best Value Apartments for Rent in Marshall Terrace, MN
As of May 13, 2025 the best value apartment in the Marshall Terrace area is the $1.37 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 $2,450. The second greatest value Marshall Terrace apartment is the 530 Broadway St NE Model at 530 Broadway St NE, Unit 530 Lower starting at $2,000 with a $1.24 price per square foot in the Nicollet Island 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 | $1.37 |
530 Broadway St NE, Unit 530 Lower | 530 Broadway St NE | 3BR,1BA | $1.24 |
4253 James Ave N, Unit 3 | 4253 James Ave N | 3BR,1BA | $1.25 |
630 Adams St NE, Unit 2 | 630 Adams St NE | 2BR,2BA | $1.53 |
1101 on Main Apartment Homes | The Doral | 2BR,2BA | $1.59 |
Stonehouse Square | 2 bedroom/1 bathroom | 2BR,1BA | $1.34 |
Gauvette Park Apartments | 2 BR 1 Bath | 2BR,1BA | $1.44 |
West Broadway Crescent | 412-2B | 2BR,1BA | $1.40 |
Senior 55+ - Hart Lake Apartments | 1 bedroom | 1BR,1BA | $1.47 |
Central Avenue Lofts | 1 Bedroom | 1BR,1BA | $1.38 |
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.
Frequently Asked Questions about Marshall Terrace
What type of rentals are currently available in Marshall Terrace?
There are currently 390 Apartments for Rent in Marshall Terrace, MN with pricing that ranges from $750 to $3,630. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Marshall Terrace ranging from $1,100 to $3,250.
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 $3,250 with an average monthly rent of $2,192.
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 $1,475 to $3,630, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,995. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $2,195.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.