Cheap Apartments for Rent in the Northeast Minneapolis Neighborhood of Minneapolis, MN from $700 (113 Rentals)

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Cheap Apartments in the Northeast Minneapolis area of Minneapolis.

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property at 801 SE 9th St

801 SE 9th St

MinneapolisMN55414

Northeast Minneapolis - 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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Northeast Minneapolis, Minneapolis, MN Local Guide

Cheapest Available Northeast Minneapolis Apartments for Rent

 

The cheapest available apartment rental in the Northeast Minneapolis area of Minneapolis, MN is a 2 Beds unit found at Holmes Park Village priced from $723. 310 8th St SE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Northeast Minneapolis apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Holmes Park Village2 Bedroom2BR,1BA$723
310 8th St SEGarden 1br1BR,1BA$925
Central Avenue Lofts1 Bedroom1BR,1BA$939
The Cameron North LoopStudio - AStudio,1BA$967
Highcrest Manor ApartmentsOne bedroom 1 Bathroom1BR,1BA$1,025
Gateway Northeast0CStudio,1BA$1,050
The RedwellKeepsakeStudio,1BA$1,095
Marko ApartmentsS6Studio,1BA$1,100
PeregrineOne Bedroom1BR,1BA$1,113
1100 Como Ave SE1 Bedroom1BR,1BA$1,150

Best Value Apartments for Rent in Northeast Minneapolis, MN

As of May 09, 2025 the best value apartment in the Northeast Minneapolis 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 Northeast Minneapolis 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 Northeast Minneapolis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
304 12th Ave NE, Unit 2304 12th Ave NE4BR,1BA$1.37
530 Broadway St NE, Unit 530 Lower530 Broadway St NE3BR,1BA$1.24
920 9th Ave SE, Unit 920920 9th Ave SE3BR,1BA$1.58
The Breton ApartmentsSibley3BR,1BA$1.44
921 20th Ave NE, Unit 1921 20th Ave NE3BR,1BA$1.57
Stonehouse Square2 bedroom/1 bathroom2BR,1BA$1.34
310 8th St SETop floor 2 br2BR,1BA$1.44
1100 Como Ave SE1 Bedroom1BR,1BA$1.53
Highcrest Manor ApartmentsOne bedroom 1 Bathroom1BR,1BA$1.38
Central Avenue Lofts1 Bedroom1BR,1BA$1.38

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Pet Friendly Lifestyle
Northeast Minneapolis, Minneapolis, MN

Ranked #57

Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Northeast Minneapolis, Minneapolis, MN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Minneapolis, MN. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, transit availability, pet-friendly communities, family-friendly amenities, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Northeast Minneapolis Apartments

What is a cheap apartment in Northeast Minneapolis?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Northeast Minneapolis is under $1,150.

What is the price of a cheap apartment in Northeast Minneapolis?

The cheapest apartment in Northeast Minneapolis is Central Avenue Lofts which is listed at $939, while the average apartment in Northeast Minneapolis costs $3,500.

What types of apartments are the cheapest in Northeast Minneapolis?

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 23 regular apartments in Northeast Minneapolis 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 Northeast Minneapolis?

Cheap apartments in Northeast Minneapolis have an average cost of $260 which is $3,240 cheaper than the average rent for all rentals in Northeast Minneapolis.

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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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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.