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Cheap Apartments for Rent in the Phillips Neighborhood of Minneapolis, MN from $400 (35 Rentals)
Cheap Apartments in the Phillips area of Minneapolis.
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Rent Specials
from $800Studio to 1 Bedroom Apartments Available Now
Bridgewater Crossings
2101-2020 21st Ave SMinneapolis, MN 55404
2810 Park Ave
MinneapolisMN55407
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from $1,0251 to 2 Bedroom Apartments Available Now
Fair Oaks Apartment Homes
2421 3rd Ave SMinneapolis, MN 55404
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from $1,0491 to 2 Bedroom Apartments Available Jun 1
Dakar on Lake
1626 E Lake StMinneapolis, MN 55407
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from $1,100Studio to 2 Bedroom Apartments Available Now
The Bessemer at Seward Commons
2220 Snelling AveMinneapolis, MN 55404
2611 13th Ave S
MinneapolisMN55407
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from $1,109Studio to 2 Bedroom Apartments Available Now
Southsider
3029 22nd AveMinneapolis, MN 55407
2608 2nd Ave S
MinneapolisMN55408
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from $1,284Studio to 4 Bedroom Apartments Available Now
Groove Lofts
608 2nd Ave SMinneapolis, MN 55402
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.
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from $1,313Studio to 3 Bedroom Apartments Available Now
HQ Apartments
816 Portland Ave SMinneapolis, MN 55404
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from $1,350Studio to 3 Bedroom Apartments Available Now
The Bohen
2851 Hennepin AveMinneapolis, MN 55408
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from $1,3551 to 2 Bedroom Apartments Available Now
Minneapolis Grand Apartments
2401 Chicago AveMinneapolis, MN 55404
200 E 27th St
MinneapolisMN55408
2315 Clinton Ave
MinneapolisMN55404
2806 12th Ave S
MinneapolisMN55407
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from $1,432Studio to 3 Bedroom Apartments Available Now
4th and Park
700 S 4th StMinneapolis, MN 55415
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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.
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Phillips - 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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Showing Results 1-35, Page 1 of 1
Phillips, Minneapolis, MN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Phillips?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phillips Studio Apartments | $1,387 | $800 | $2,725 |
| Phillips 1 Bedroom Apartments | $2,002 | $676 | $3,575 |
| Phillips 2 Bedroom Apartments | $3,005 | $796 | $7,604 |
| Phillips 3 Bedroom Apartments | $3,969 | $720 | $10,000+ |
| Phillips 4 Bedroom Apartments | $2,010 | $620 | $4,466 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Phillips Neighborhood of Minneapolis, MN.
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Cheapest Available Phillips Apartments for Rent
The cheapest available apartment rental in the Phillips area of Minneapolis, MN is a 2 Beds unit found at East Phillips Commons priced from $400. The Quad on Delaware has the second lowest priced unit, which is a 4 Beds apartment currently listed from $620. Here are the most affordable Phillips apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| East Phillips Commons | 2 Bedroom | 2BR,1BA | $400 |
| The Quad on Delaware | D1R - Renovated 4 Bedroom 4 Bath | 4BR,4BA | $620 |
| Wadaag Commons | 1 BR Apartment | 1BR,1BA | $676 |
| Eat Street Flat LLC | Studio/1 ba | Studio,1BA | $900 |
| 2709 Park Ave S | 1BR/1.0BA | 1BR,1BA | $905 |
| Bridgewater Crossings | BWC 1 Bedroom 2111, 2101, 2019 | 1BR,1BA | $950 |
| Midtown Exchange Apartments | 1 Bedroom plus Den | 1BR,1BA | $955 |
| Fair Oaks Apartment Homes | Garden Level | 1BR,1BA | $1,025 |
| The Bessemer at Seward Commons | Franklin | Studio,1BA | $1,100 |
| Southsider | A1-SS | Studio,1BA | $1,109 |
Best Value Apartments for Rent in Phillips, MN
As of May 05, 2025 the best value apartment in the Phillips area is the $2.28 price per square foot Remy Model at The Bohen in the in the Whittier neighborhood starting from $3,060. The second greatest value Phillips apartment is the 2 Bedroom plus Den - Market Model at Midtown Exchange Apartments starting at $1,604 with a $1.25 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Bohen | Remy | 3BR,2BA | $2.28 |
| Midtown Exchange Apartments | 2 Bedroom plus Den - Market | 2BR,1BA | $1.25 |
| Wadaag Commons | 3 BR Apartment | 3BR,2BA | $1.37 |
| East Phillips Commons | 2 Bedroom | 2BR,1BA | $0.39 |
| The Quad on Delaware | B1R - Renovated 2 Bedroom 2 Bath | 2BR,2BA | $1.10 |
| 1508 E 26th St, Unit 4 | 1508 E 26th St | 3BR,1BA | $2.02 |
| Minneapolis Grand Apartments | One Bedroom, One Bath | 1BR,1BA | $1.96 |
| Bridgewater Crossings | BWC 1 Bedroom 2111, 2101, 2019 | 1BR,1BA | $1.46 |
| Fair Oaks Apartment Homes | 1br1bt 625sq | 1BR,1BA | $1.94 |
| 2709 Park Ave S | 1BR/1.0BA | 1BR,1BA | $1.57 |
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 $1,109.
What is the price of a cheap apartment in Phillips?
The cheapest apartment in Phillips is Wadaag Commons which is listed at $676, while the average apartment in Phillips costs $3,000.
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 21 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 $463 which is $2,537 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.
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.
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.
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.
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.