7190 Central Ave NE
MinneapolisMN55432
Cheap Apartments for Rent in the Mississippi Street Neighborhood of Minneapolis, MN from $700 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mississippi Street area of Minneapolis.
close
View Me
close
View Me
from $895Studio to 2 Bedroom Apartments Available May 21
New Brighton Apartments
1370 7th St NWNew Brighton, MN 55112
close
View Me
from $9751 to 2 Bedroom Apartments Contact Us For Availability
James Manor Apartments
1250 72nd Ave NEFridley, MN 55432
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.
close
View Me
Rent Specials
from $1,0201 to 2 Bedroom Apartments Available Now
Georgetown on the River
5750 E River RdFridley, MN 55432
close
View Me
from $1,021Studio to 2 Bedroom Apartments Available Now
Pike Lake Apartments
2050 14th St NWNew Brighton, MN 55112
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
Mississippi Street - 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!
close
View Me
close
View Me
Showing Results 1-18, Page 1 of 1
Mississippi Street, Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent an apartment in Mississippi Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mississippi Street Studio Apartments | $1,356 | $895 | $1,994 |
| Mississippi Street 1 Bedroom Apartments | $1,372 | $873 | $2,717 |
| Mississippi Street 2 Bedroom Apartments | $1,656 | $988 | $3,098 |
| Mississippi Street 3 Bedroom Apartments | $1,913 | $1,580 | $2,826 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Mississippi Street Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Mississippi Street, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Mississippi Street Apartments for Rent
The cheapest available apartment rental in the Mississippi Street area of Minneapolis, MN is a 1 Bed unit found at Oak Hills Apartments priced from $873. Georgetown on the River has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,020. Here are the most affordable Mississippi Street apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Hills Apartments | One Bedroom/ One Bathroom | 1BR,1BA | $873 |
| Georgetown on the River | One Bedroom 11D | 1BR,1BA | $1,020 |
| Pike Lake Apartments | Walleye | 1BR,1BA | $1,021 |
| Lakeview Apartments | 1 bed/1 bath Parking | 1BR,1BA | $1,100 |
| Granite Falls at Silver Lake-2130 | 1 Bed/1 Bath D | 1BR,1BA | $1,149 |
Best Value Apartments for Rent in Mississippi Street, MN
As of May 10, 2025 the best value apartment in the Mississippi Street area is the $1.69 price per square foot Hansen Model at The View at Long Lake in the in the Long Lake neighborhood starting from $2,095. The second greatest value Mississippi Street apartment is the 3BD Townhome - Updated Kitchen & Floors Model at Rice Creek Townhouses starting at $1,900 with a $1.58 price per square foot in the Long Lake neighborhood. Here is today’s list of the best values for Mississippi Street apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The View at Long Lake | Hansen | 2BR,2BA | $1.69 |
| Rice Creek Townhouses | 3BD Townhome - Updated Kitchen & Floors | 3BR,1.5BA | $1.58 |
| Sands Apartments | Two Bwdroom | 2BR,1.5BA | $1.52 |
| Ridgewood Apartments | 2 Bedroom Apartment | 2BR,1BA | $1.43 |
| 55+ Community - The Landings on Ninth | 2 Beds, 2 baths | 2BR,2BA | $1.35 |
| Greenfield Estates | Two Bedroom One Bath | 2BR,1BA | $1.40 |
| Northtown Village Apartments | 2 Bedroom | 2BR,1BA | $1.51 |
| Silver Oaks Court Apartments | 1 BD / 1 BA | 1BR,1BA | $1.43 |
| Pike Lake Apartments | Walleye | 1BR,1BA | $1.68 |
| Georgetown on the River | One Bedroom 11D | 1BR,1BA | $1.70 |
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.
Let everyone know!
Do you know the Mississippi Street area?
If you’re an expert on all things Mississippi Street, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleMississippi Street, Minneapolis, MN
Ranked #177
Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Mississippi Street, Minneapolis, MN
School data provided by Great Schools
Frequently Asked Questions about Cheap Mississippi Street Apartments
What is a cheap apartment in Mississippi Street?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mississippi Street is under $1,250.
What is the price of a cheap apartment in Mississippi Street?
The cheapest apartment in Mississippi Street is Oak Hills Apartments which is listed at $873, while the average apartment in Mississippi Street costs $1,850.
What types of apartments are the cheapest in Mississippi Street?
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 70 regular apartments in Mississippi Street 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 Mississippi Street?
Cheap apartments in Mississippi Street have an average cost of $337 which is $1,513 cheaper than the average rent for all rentals in Mississippi Street.
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.