Cheap Apartments for Rent in the Phillips Neighborhood of Minneapolis, MN from $400 (32 Rentals)

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

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2810 Park Ave
Studio Apartments

2810 Park Ave

2810 Park Ave SMinneapolis, MN 55407
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2709 Park Ave S
1 Bedroom Apartments

2709 Park Ave S

2709 Park AveMinneapolis, MN 55407
  • Utilities Included
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2101 3rd Ave S
1 Bedroom Apartments

2101 3rd Ave S

2101 3rd Ave SMinneapolis, MN 55404
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2632 3rd Ave S
1 Bedroom Apartments

2632 3rd Ave S

2632 3rd Ave SMinneapolis, MN 55408
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Eat Street Flat LLC
Studio Apartments

Eat Street Flat LLC

2747 Stevens Ave SMinneapolis, MN 55408
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Second Avenue Flats
1 to 2 Bedroom Apartments

Second Avenue Flats

2111 2nd Ave SMinneapolis, MN 55404
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The Midwell
Studio to 2 Bedroom Apartments

The Midwell

2835 11th Ave SMinneapolis, MN 55407
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Park Avenue Apartments
1 Bedroom Apartments

Park Avenue Apartments

2801-2809 Park Ave SMinneapolis, MN 55407
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3001 N 3rd St
2 Bedroom Apartments

3001 N 3rd St

3001 3rd Ave SMinneapolis, MN 55408
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2401 Clinton Av
2 Bedroom Apartments

2401 Clinton Av

2401 Clinton AveMinneapolis, MN 55404
  • Utilities Included
Showing Results 1-32, Page 1 of 1

Cheapest Available Phillips Apartments for Rent

 

The cheapest available apartment rental in the Phillips area of Minneapolis, MN is a 4 Beds unit found at The Quad on Delaware priced from $620. 2709 Park Ave S has the second lowest priced unit, which is a 1 Bed apartment currently listed from $905. Here are the most affordable Phillips apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
The Quad on DelawareD1R - Renovated 4 Bedroom 4 Bath4BR,4BA$620
2709 Park Ave S1BR/1.0BA1BR,1BA$905
Eat Street Flat LLCStudio/1 baStudio,1BA$950
Midtown Exchange Apartments1 Bedroom1BR,1BA$1,097
SouthsiderA1-SSStudio,1BA$1,109
The Bessemer at Seward CommonsFranklinStudio,1BA$1,135
Fair Oaks Apartment Homes1br1bt 6251BR,1BA$1,199
Arthaus Apartments1BR/1.0BA1BR,1BA$1,275
4th and Park0x1 A2Studio,1BA$1,292
The BohenKyloStudio,1BA$1,315

Best Value Apartments for Rent in Phillips, MN

As of March 29, 2025 the best value apartment in the Phillips area is the $1.52 price per square foot Two Bedroom, One Bath Model at Minneapolis Grand Apartments in the in the Whittier neighborhood starting from $1,625. The second greatest value Phillips apartment is the 3016 Portland Ave Model at 3016 Portland Ave, Unit #3 starting at $1,350 with a $1.35 price per square foot in the Powderhorn neighborhood. Here is today’s list of the best values for Phillips apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Minneapolis Grand ApartmentsTwo Bedroom, One Bath2BR,1BA$1.52
3016 Portland Ave, Unit #33016 Portland Ave2BR,1BA$1.35
Midtown Exchange Apartments1 Bedroom1BR,1BA$1.15
The Quad on DelawareB1R - Renovated 2 Bedroom 2 Bath2BR,2BA$1.10
Arthaus Apartments1BR/1.0BA1BR,1BA$1.93
Fair Oaks Apartment Homes1br1bt 6251BR,1BA$1.92
2709 Park Ave S1BR/1.0BA1BR,1BA$1.57
The Bessemer at Seward CommonsFranklinStudio ,1BA$2.58
SouthsiderA1-SSStudio ,1BA$2.53
Eat Street Flat LLCStudio/1 baStudio ,1BA$2.61

Getting Around the Phillips Neighborhood in Minneapolis, MN

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

93 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

60 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Phillips Apartments

What is a cheap apartment in Phillips?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Phillips is under $1,315.

What is the price of a cheap apartment in Phillips?

The cheapest apartment in Phillips is 2709 Park Ave S which is listed at $905, while the average apartment in Phillips costs $3,222.

What types of apartments are the cheapest in Phillips?

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 8 regular apartments in Phillips 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 Phillips?

Cheap apartments in Phillips have an average cost of $274 which is $2,948 cheaper than the average rent for all rentals in Phillips.

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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