Cheap Apartments for Rent in the Northeast Minneapolis Neighborhood of Minneapolis, MN from $700 (107 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Northeast Minneapolis area of Minneapolis.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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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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property at 801 SE 9th St

801 SE 9th St

MinneapolisMN55414
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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
KAH Properties - 350 Building1BR 1BA1BR,1BA$955
1118 Lowry Ave NE1BR/1.0BA1BR,1BA$975
Highcrest Manor ApartmentsOne bedroom 1 Bathroom1BR,1BA$1,025
Gateway Northeast0CStudio,1BA$1,050
Bottineau Commons1 Bedroom1BR,1BA$1,086
Marko ApartmentsS6Studio,1BA$1,100
PeregrineOne Bedroom1BR,1BA$1,113

Best Value Apartments for Rent in Northeast Minneapolis, MN

As of April 30, 2025 the best value apartment in the Northeast Minneapolis 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 Northeast Minneapolis apartment is the Sibley Model at The Breton Apartments starting at $1,729 with a $1.44 price per square foot in the University Of Minnesota 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$1.45
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
732 Polk St NE2B1B2BR,1BA$1.67
1100 Como Ave SE1 Bedroom1BR,1BA$1.53
Highcrest Manor ApartmentsOne bedroom 1 Bathroom1BR,1BA$1.38
Bottineau Commons1 Bedroom1BR,1BA$1.56
Central Avenue Lofts1 Bedroom1BR,1BA$1.38

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Pet Friendly Lifestyle
Northeast Minneapolis, Minneapolis, MN

Ranked #51

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 $1,113.

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

The cheapest apartment in Northeast Minneapolis is 310 8th St SE which is listed at $925, 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 18 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 $229 which is $3,271 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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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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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.

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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.