Cheap Apartments for Rent in the Sheridan Neighborhood of Minneapolis, MN from $400 (220 Rentals)

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

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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Sheridan

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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Sheridan, Minneapolis, MN Local Guide

Cheapest Available Sheridan Apartments for Rent

 

The cheapest available apartment rental in the Sheridan area of Minneapolis, MN is a Studio unit found at Paige Hall priced from $551. Holmes Park Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $723. Here are the most affordable Sheridan apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Paige HallEfficiencyStudio,1BA$551
Holmes Park Village2 Bedroom2BR,1BA$723
The Remington Campus ApartmentsSTUDIOStudio,1BA$745
409 University Ave SESTUDIOStudio,1BA$830
Aldrich Apartments | Near I-94 & Theodore1BR/1.0BA1BR,1BA$850
Hawthorne GatesConcord StudioStudio,1BA$850
Yugo Minneapolis 412 Lofts3 Bed, 2 Bath Classic3BR,2BA$919
Yugo Minneapolis Sydney Hall3 Bed, 2 Bath DinkyDome Classic3BR,2BA$929
KAH Properties - 350 Building1BR 1BA1BR,1BA$955
The CameronStudio - EStudio,1BA$967

Best Value Apartments for Rent in Sheridan, MN

As of March 26, 2025 the best value apartment in the Sheridan area is the $1.07 price per square foot 1083 15th Ave SE Model at 1083 15th Ave SE, Unit Apartment 2 in the in the Nicollet Island neighborhood starting from $2,150. The second greatest value Sheridan apartment is the 1406-2 Madison St NE Model at 1406-2 Madison St NE, Unit 1 starting at $1,850 with a $0.93 price per square foot in the Northeast neighborhood. Here is today’s list of the best values for Sheridan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1083 15th Ave SE, Unit Apartment 21083 15th Ave SE3BR,1BA$1.07
1406-2 Madison St NE, Unit 11406-2 Madison St NE2BR,1BA$0.93
The Breton ApartmentsSibley3BR,1BA$1.44
Stonehouse Square2 bedroom/1 bathroom2BR,1BA$1.34
Sela Campus University Apartments2 Bedroom2BR,1BA$1.38
Yugo Minneapolis 412 Lofts2 Bed, 2 Bath Classic2BR,2BA$1.13
Aldrich Apartments | Near I-94 & Theodore1BR/1.0BA1BR,1BA$1.13
Central Avenue Lofts1 Bedroom1BR,1BA$1.57
The Remington Campus ApartmentsSTUDIOStudio ,1BA$1.35
409 University Ave SESTUDIOStudio ,1BA$1.51

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Sheridan, Minneapolis, MN

Ranked #16

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Central Minneapolis-St. Paul, MN. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, features that make it easier to raise kids, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Sheridan Apartments

What is a cheap apartment in Sheridan?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sheridan is under $967.

What is the price of a cheap apartment in Sheridan?

The cheapest apartment in Sheridan is Aldrich Apartments | Near I-94 & Theodore which is listed at $850, while the average apartment in Sheridan costs $3,975.

What types of apartments are the cheapest in Sheridan?

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 2,563 regular apartments in Sheridan 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 Sheridan?

Cheap apartments in Sheridan have an average cost of $766 which is $3,209 cheaper than the average rent for all rentals in Sheridan.

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.