
Cheap Homes for Rent in Powderhorn Neighborhood of Minneapolis, MN from $1,100 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Powderhorn area of Minneapolis.

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.

3328 5th Ave S
Powderhorn - 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!

3408 3rd Ave S
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 a home in Powderhorn?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Powderhorn 2 Bedroom Homes for Rent | $1,786 | $1,700 | $1,850 |
Powderhorn 3 Bedroom Homes for Rent | $2,235 | $1,995 | $2,500 |
Powderhorn 4 Bedroom Homes for Rent | $2,700 | $2,500 | $2,950 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Powderhorn, MN
As of April 17, 2025 the best value apartment in the Powderhorn area is the $1.55 price per square foot 4200 22nd Ave S Model at 4200 22nd Ave S in the in the Powderhorn neighborhood starting from $2,400. The second greatest value Powderhorn apartment is the 3 Bedroom plus Den Model at Midtown Exchange Apartments starting at $1,867 with a $1.22 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. |
---|---|---|---|
4200 22nd Ave S | 4200 22nd Ave S | 3BR,1BA | $1.55 |
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 |
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 |
Sabathani Senior Housing | One Bedroom | 1BR,1BA | $1.44 |
3416 Portland Ave S, Unit #4 | 3416 Portland Ave S | 1BR,1BA | $1.39 |
Minneapolis Grand Apartments | One Bedroom, One Bath | 1BR,1BA | $1.81 |
Lyndy Apartments | 1 Bedroom | 1BR,1BA | $1.85 |
2709 Park Ave S | 1BR/1.0BA | 1BR,1BA | $1.57 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Powderhorn
What type of rentals are currently available in Powderhorn?
There are currently 354 Apartments for Rent in Powderhorn, MN with pricing that ranges from $734 to $3,750. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Powderhorn ranging from $1,195 to $2,950.
What is the current price range for Rental Homes in Powderhorn?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Powderhorn ranges from $1,195 to $2,950 with an average monthly rent of $2,079.
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.

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.

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.