
Cheap Apartments for Rent in the Powderhorn Park Neighborhood of Minneapolis, MN from $400 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Powderhorn Park area of Minneapolis.


2810 Park Ave

Sabathani Senior Housing

Minneapolis Grand Apartments

The Central

B-Side

Dakar on Lake

Park Pointe - Powderhorn Neighborhood

3031 11th Ave S, Unit 3

2611 13th Ave S
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.

2608 2nd Ave S

3200 Oakland Ave

3105 16th Ave S, Unit Three

3752 18th Ave S, Unit #1

Overland Apartments

HQ Apartments

Groove Lofts

The Bohen

3515 2nd Ave S

200 E 27th St
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Powderhorn Park - 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!
Powderhorn Park, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Powderhorn Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Powderhorn Park Studio Apartments | $1,346 | $899 | $2,574 |
Powderhorn Park 1 Bedroom Apartments | $2,015 | $1,049 | $3,433 |
Powderhorn Park 2 Bedroom Apartments | $2,821 | $570 | $7,587 |
Powderhorn Park 3 Bedroom Apartments | $4,159 | $730 | $10,000+ |
Powderhorn Park 4 Bedroom Apartments | $1,278 | $640 | $4,530 |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 2 mile radius of the Powderhorn Park Neighborhood of Minneapolis, MN.
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Powderhorn Park, Minneapolis, MN Local Guide
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Cheapest Available Powderhorn Park Apartments for Rent
 The cheapest available apartment rental in the Powderhorn Park 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 $640. Here are the most affordable Powderhorn Park 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 | $640 |
Southsider | A1-SS | Studio,1BA | $899 |
Eat Street Flat LLC | Studio/1 ba | Studio,1BA | $900 |
2709 Park Ave S | 1BR/1.0BA | 1BR,1BA | $905 |
B-Side | Studio Alt | Studio,1BA | $1,002 |
Dakar on Lake | 1BR/1.0BA | 1BR,1BA | $1,049 |
The Central | Page | Studio,1BA | $1,063 |
Sabathani Senior Housing | One Bedroom | 1BR,1BA | $1,085 |
Midtown Exchange Apartments | 1 Bedroom | 1BR,1BA | $1,097 |
Best Value Apartments for Rent in Powderhorn Park, MN
As of May 11, 2025 the best value apartment in the Powderhorn Park area is the $1.25 price per square foot 2 Bedroom plus Den - Market Model at Midtown Exchange Apartments in the in the Powderhorn neighborhood starting from $1,604. The second greatest value Powderhorn Park apartment is the 2Bed/1.5Bath Model at 3322 Chicago Ave starting at $1,750 with a $1.68 price per square foot in the Powderhorn neighborhood. Here is today’s list of the best values for Powderhorn Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Midtown Exchange Apartments | 2 Bedroom plus Den - Market | 2BR,1BA | $1.25 |
3322 Chicago Ave | 2Bed/1.5Bath | 2BR,1.5BA | $1.68 |
East Phillips Commons | 2 Bedroom | 2BR,1BA | $0.39 |
3105 16th Ave S, Unit Three | 3105 16th Ave S | 2BR,1BA | $1.26 |
3752 18th Ave S, Unit #1 | 3752 18th Ave S | 1BR,1BA | $1.37 |
The Quad on Delaware | B1R - Renovated 2 Bedroom 2 Bath | 2BR,2BA | $1.12 |
Sabathani Senior Housing | One Bedroom | 1BR,1BA | $1.44 |
Dakar on Lake | 1BR/1.0BA | 1BR,1BA | $1.40 |
Minneapolis Grand Apartments | One Bedroom, One Bath | 1BR,1BA | $1.99 |
2709 Park Ave S | 1BR/1.0BA | 1BR,1BA | $1.57 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestylePowderhorn Park, Minneapolis, MN
Ranked #162
Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Powderhorn Park Apartments
What is a cheap apartment in Powderhorn Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Powderhorn Park is under $1,097.
What is the price of a cheap apartment in Powderhorn Park?
The cheapest apartment in Powderhorn Park is 2709 Park Ave S which is listed at $905, while the average apartment in Powderhorn Park costs $3,135.
What types of apartments are the cheapest in Powderhorn Park?
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 Powderhorn Park 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 Powderhorn Park?
Cheap apartments in Powderhorn Park have an average cost of $341 which is $2,794 cheaper than the average rent for all rentals in Powderhorn Park.
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.