
Cheap Apartments for Rent in the Powderhorn Neighborhood of Minneapolis, MN from $400 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in the Powderhorn area of Minneapolis.


3419 Nicollet Avenue

3816 Nicollet Apartments

3537 11th Ave S

Blaisdell Manor

Park Pointe - Powderhorn Neighborhood

2810 Park Ave

3455 Chicago Ave

Sabathani Senior Housing

Minneapolis Grand Apartments
Powderhorn
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

3515 2nd Ave S

B-Side

3033 Park Ave

3136 10th Ave S, Unit Powderhorn Park Apt

The Central

Lyndy Apartments

Akin Apartments

Dakar on Lake
Minneapolis's Best Affordable Neighborhoods
Learn about Minneapolis, MN and the best places to live with original content written by our Minneapolis Local Expert Stephanie Lica
Powderhorn, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Powderhorn?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Powderhorn Studio Apartments | $1,089 | $734 | $1,630 |
Powderhorn 1 Bedroom Apartments | $1,331 | $875 | $2,295 |
Powderhorn 2 Bedroom Apartments | $1,791 | $1,200 | $3,295 |
Powderhorn 3 Bedroom Apartments | $2,394 | $1,425 | $3,653 |
Browse Apartments in this Neighborhood
There are currently 48 rentals with your search options within a 1 mile radius of the Powderhorn Neighborhood of Minneapolis, MN.
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Powderhorn, Minneapolis, MN Local Guide
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Cheapest Available Powderhorn Apartments for Rent
 The cheapest available apartment rental in the Powderhorn area of Minneapolis, MN is a 1 Bed unit found at 3325 Nicollet Avenue priced from $715. Greenway Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $734. Here are the most affordable Powderhorn apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
3325 Nicollet Avenue | 3325 Nicollet Ave - 1 Bedroom | 1BR,1BA | $715 |
Greenway Apartments | Blaisdell Studio | Studio,1BA | $734 |
3415 Nicollet Avenue | 3415 Nicollet Ave - Studio | Studio,1BA | $735 |
3419 Nicollet Avenue | 3419 Nicollet Ave - Studio | Studio,1BA | $740 |
Blaisdell Manor | Studio | Studio,1BA | $875 |
3816 Nicollet Apartments | One Bedroom | 1BR,1BA | $900 |
2709 Park Ave S | 1BR/1.0BA | 1BR,1BA | $905 |
Eat Street Flat LLC | Studio/1 ba | Studio,1BA | $950 |
Midtown Exchange Apartments | 1 Bedroom plus Den | 1BR,1BA | $955 |
Blaise Apartments | Harriet | Studio,1BA | $995 |
Best Value Apartments for Rent in Powderhorn, MN
As of April 07, 2025 the best value apartment in the Powderhorn area is the $1.22 price per square foot 3 Bedroom plus Den Model at Midtown Exchange Apartments in the in the Powderhorn neighborhood starting from $1,867. The second greatest value Powderhorn apartment is the 3344 1st Ave S Model at 3344 1st Ave S, Unit 2 starting at $2,000 with a $1.67 price per square foot in the Powderhorn neighborhood. Here is today’s list of the best values for Powderhorn apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Midtown Exchange Apartments | 3 Bedroom plus Den | 3BR,1BA | $1.22 |
3344 1st Ave S, Unit 2 | 3344 1st Ave S | 2BR,1BA | $1.67 |
Minneapolis Grand Apartments | Two Bedroom, One Bath | 2BR,1BA | $1.52 |
3322 Chicago Ave | 2Bed/1.5Bath | 2BR,1.5BA | $1.68 |
3105 16th Ave S, Unit Three | 3105 16th Ave S | 2BR,1BA | $1.26 |
Arthaus Apartments | 1BR/1.0BA | 1BR,1BA | $1.93 |
3325 Nicollet Avenue | 3325 Nicollet Ave - 1 Bedroom | 1BR,1BA | $1.13 |
2709 Park Ave S | 1BR/1.0BA | 1BR,1BA | $1.57 |
3816 Nicollet Apartments | One Bedroom | 1BR,1BA | $1.64 |
3415 Nicollet Avenue | 3415 Nicollet Ave - Studio | Studio ,1BA | $1.96 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePowderhorn, Minneapolis, MN
Ranked #149
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 Apartments
What is a cheap apartment in Powderhorn?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Powderhorn is under $995.
What is the price of a cheap apartment in Powderhorn?
The cheapest apartment in Powderhorn is 3325 Nicollet Avenue which is listed at $715, while the average apartment in Powderhorn costs $2,450.
What types of apartments are the cheapest in Powderhorn?
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 6 regular apartments in Powderhorn 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?
Cheap apartments in Powderhorn have an average cost of $195 which is $2,255 cheaper than the average rent for all rentals in Powderhorn.
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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.