Cheap Apartments for Rent in the Powderhorn Neighborhood of Minneapolis, MN from $400 (48 Rentals)

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

property at 2810 Park Ave

2810 Park Ave

MinneapolisMN55407

Powderhorn

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

property at 3515 2nd Ave S

3515 2nd Ave S

MinneapolisMN55408

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

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3325 Nicollet Avenue
Studio to 1 Bedroom Apartments

3325 Nicollet Avenue

3325 Nicollet Ave SMinneapolis, MN 55408
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3515 2nd Ave S
Studio Apartments

3515 2nd Ave S

3515 2nd Ave SMinneapolis, MN 55408
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2810 Park Ave
Studio Apartments

2810 Park Ave

2810 Park Ave SMinneapolis, MN 55407
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E 36th St Apartments
1 Bedroom Apartments

E 36th St Apartments

501 E 36th StMinneapolis, MN 55408
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Corcoran Park Apartments
Studio to 3 Bedroom Apartments

Corcoran Park Apartments

3320 Longfellow AveMinneapolis, MN 55407
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3217 14th Ave S
Studio Apartments

3217 14th Ave S

3217 14th Ave SMinneapolis, MN 55407
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2709 Park Ave S
1 Bedroom Apartments

2709 Park Ave S

2709 Park AveMinneapolis, MN 55407
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Parkview Pointe
1 Bedroom Apartments

Parkview Pointe

3554 17th Ave SMinneapolis, MN 55407
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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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The Midwell
Studio to 2 Bedroom Apartments

The Midwell

2835 11th Ave SMinneapolis, MN 55407
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Ternary Flats
1 Bedroom Apartments

Ternary Flats

3601 13th Ave SMinneapolis, MN 55407
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3141 22nd Ave S
1 Bedroom Apartments

3141 22nd Ave S

3141 22nd Ave SMinneapolis, MN 55407
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3947 1st Ave S
2 Bedroom Apartments

3947 1st Ave S

3947 1st Ave SMinneapolis, MN 55409
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Powderhorn Park
1 Bedroom Apartments

Powderhorn Park

3117 15th Ave SMinneapolis, MN 55407
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Chicago Villas II
1 to 2 Bedroom Apartments

Chicago Villas II

4112 Chicago AveMinneapolis, MN 55407
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Chicago Villas
1 to 2 Bedroom Apartments

Chicago Villas

4106 Chicago AveMinneapolis, 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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3836 Nicollet Ave
1 Bedroom Apartments

3836 Nicollet Ave

3836 Nicollet AveMinneapolis, MN 55409
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Ternary Flats
2 Bedroom Apartments

Ternary Flats

3605 13th Ave SMinneapolis, MN 55407
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Powderhorn, Minneapolis, MN Local Guide

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 ListingModel NameBed/BathPriced From
3325 Nicollet Avenue3325 Nicollet Ave - 1 Bedroom1BR,1BA$715
Greenway ApartmentsBlaisdell StudioStudio,1BA$734
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio,1BA$735
3419 Nicollet Avenue3419 Nicollet Ave - StudioStudio,1BA$740
Blaisdell ManorStudioStudio,1BA$875
3816 Nicollet ApartmentsOne Bedroom1BR,1BA$900
2709 Park Ave S1BR/1.0BA1BR,1BA$905
Eat Street Flat LLCStudio/1 baStudio,1BA$950
Midtown Exchange Apartments1 Bedroom plus Den1BR,1BA$955
Blaise ApartmentsHarrietStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Midtown Exchange Apartments3 Bedroom plus Den3BR,1BA$1.22
3344 1st Ave S, Unit 23344 1st Ave S2BR,1BA$1.67
Minneapolis Grand ApartmentsTwo Bedroom, One Bath2BR,1BA$1.52
3322 Chicago Ave2Bed/1.5Bath2BR,1.5BA$1.68
3105 16th Ave S, Unit Three3105 16th Ave S2BR,1BA$1.26
Arthaus Apartments1BR/1.0BA1BR,1BA$1.93
3325 Nicollet Avenue3325 Nicollet Ave - 1 Bedroom1BR,1BA$1.13
2709 Park Ave S1BR/1.0BA1BR,1BA$1.57
3816 Nicollet ApartmentsOne Bedroom1BR,1BA$1.64
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio ,1BA$1.96

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Powderhorn, Minneapolis, MN

Ranked #149

Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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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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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.

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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.