Cheap Apartments for Rent in the Sheridan Neighborhood of Minneapolis, MN from $400 (237 Rentals) Page 2 of 5

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

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1428 Madison St NE
$1,250
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250
1 Bedroom Apartment Available Now

1428 Madison St NE

1428 Madison St NEMinneapolis, MN 55413
Affordability
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The Julia
Rent Specials
$1,266 - $3,070
Total Monthly Price

Total Monthly Price

Base Rent
$1,091 - $2,895
Required Monthly Fees
$175

Total Monthly Price
$1,266 - $3,070
Studio to 2 Bedroom Apartments Available Now

The Julia

80 Broadway St NEMinneapolis, MN 55413
Eco-Friendly
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Quarry Place
$1,271
Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Required Monthly Fees
$21

Total Monthly Price
$1,271
2 Bedroom Apartments Available Feb 1, 2026

Quarry Place

1830 Hayes St NEMinneapolis, MN 55418
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Duffey Lofts
Rent Specials
$1,292 - $3,932
Total Monthly Price

Total Monthly Price

Base Rent
$1,234 - $3,874
Required Monthly Fees
$58

Total Monthly Price
$1,292 - $3,932
Studio to 2 Bedroom Apartments Available Now

Duffey Lofts

528 N Washington AveMinneapolis, MN 55401
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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.

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1221 29th Avenue Northeast, Unit Unit #4
$1,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300
1 Bedroom Apartment Available Now

1221 29th Avenue Northeast, Unit Unit #4

1221 29th Avenue NortheastMinneapolis, MN 55418
Affordability
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property at 2937-2939 Fremont Ave N

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

2937-2939 Fremont Ave N

MinneapolisMN55411
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1115 Humboldt Ave N
$1,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300
3 Bedroom Apartments Available Now

1115 Humboldt Ave N

1115 Humboldt Ave NMinneapolis, MN 55411
Affordability
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Sora
Rent Specials
$1,300 - $2,265
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $2,265

Total Monthly Price
$1,300 - $2,265
Studio to 1 Bedroom Apartments Available Now

Sora

600 S 5th AveMinneapolis, MN 55415
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Huxley Apartments
Rent Specials
$1,300 - $2,465
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $2,465

Total Monthly Price
$1,300 - $2,465
Studio to 2 Bedroom Apartments Available Jan 2, 2026

Huxley Apartments

657 22nd Ave NEMinneapolis, MN 55418
Student Housing
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MPA / Marcy Park Apartments
Rent Specials
$1,304 - $2,503
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $2,499
Required Monthly Fees
$4

Total Monthly Price
$1,304 - $2,503
1 to 4 Bedroom Apartments Available Now

MPA / Marcy Park Apartments

1015 8th StMinneapolis, MN 55414
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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365 Nicollet
Rent Specials
$1,319 - $12,063
Total Monthly Price

Total Monthly Price

Base Rent
$1,285 - $12,029
Required Monthly Fees
$34

Total Monthly Price
$1,319 - $12,063
Studio to 3 Bedroom Apartments Available Now

365 Nicollet

365 Nicollet MallMinneapolis, MN 55401
Luxury
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property at 2709 N Aldrich Ave

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

2 Bedroom, 1 Bath Home for Rent

Available Jan 1, 2026

2709 N Aldrich Ave

MinneapolisMN55411
property at 1000 18th Ave SE

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

2 Bedroom, 1 Bath Home for Rent

Available Sep 10, 2026

1000 18th Ave SE

MinneapolisMN55414
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The Laker
Rent Specials
$1,344 - $3,327
Total Monthly Price

Total Monthly Price

Base Rent
$1,329 - $3,312
Required Monthly Fees
$15

Total Monthly Price
$1,344 - $3,327
Studio to 3 Bedroom Apartments Available Now

The Laker

2500 2nd St NEMinneapolis, MN 55418
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Spectrum Apartments & Townhomes
$1,349 - $2,749
Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $2,745
Required Monthly Fees
$4

Total Monthly Price
$1,349 - $2,749
1 to 4 Bedroom Apartments Available Now

Spectrum Apartments & Townhomes

815 9th Ave SEMinneapolis, MN 55414
Student Housing
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Gopher Commons 1701
Rent Specials
$1,349 - $1,575
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,249 - $1,475
Required Monthly Fees
$100

Total Monthly Price
$1,349 - $1,575
2 Bedroom Apartments Available Now

Gopher Commons 1701

1701-1725 Elm St SEMinneapolis, MN 55414
Student Housing
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Grain Belt
$1,350 - $3,476
Total Monthly Price

Total Monthly Price

Base Rent
$1,330 - $3,456
Required Monthly Fees
$20

Total Monthly Price
$1,350 - $3,476
Studio to 3 Bedroom Apartments Available Now

Grain Belt

1215 Marshall St NEMinneapolis, MN 55413
Corporate Housing
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property at 1315 N Dowling Ave

$1,350 - $1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom Rentals

Available Jan 1, 2026

1315 N Dowling Ave

MinneapolisMN55412

Sheridan - 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!

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N&E
$1,390 - $3,560
Total Monthly Price

Total Monthly Price

Base Rent
$1,390 - $3,560

Total Monthly Price
$1,390 - $3,560
1 to 2 Bedroom Apartments Available Now

N&E

107 13th Ave NEMinneapolis, MN 55413
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property at 2212 6th St NE

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Home for Rent

Available Jan 1, 2026

2212 6th St NE

MinneapolisMN55418
property at 650 Portland Ave

$1,397 - $4,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,397

Total Monthly Price
$1,397

Studio To 2 Bedroom Rentals

Available Now

650 Portland Ave

MinneapolisMN55415
property at 509 6th St SE

$1,400 - $1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 To 4 Bedroom Rentals

Available Aug 14, 2026

509 6th St SE

MinneapolisMN55414

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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Frances
Rent Specials
$1,426 - $3,370
Total Monthly Price

Total Monthly Price

Base Rent
$1,251 - $3,195
Required Monthly Fees
$175

Total Monthly Price
$1,426 - $3,370
Studio to 3 Bedroom Apartments Available Now

Frances

1030 NE Main StMinneapolis, MN 55413
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Velo
Rent Specials
$1,432 - $2,616
Total Monthly Price

Total Monthly Price

Base Rent
$1,428 - $2,612
Required Monthly Fees
$4

Total Monthly Price
$1,432 - $2,616
Studio to 2 Bedroom Apartments Available Now

Velo

115 N 2nd StMinneapolis, MN 55401
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The Paxon
$1,438 - $3,905
Total Monthly Price

Total Monthly Price

Base Rent
$1,434 - $3,901
Required Monthly Fees
$4

Total Monthly Price
$1,438 - $3,905
Studio to 2 Bedroom Apartments Available Now

The Paxon

360 N 1st StMinneapolis, MN 55401
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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 $816.

What is the price of a cheap apartment in Sheridan?

The cheapest apartment in Sheridan is Shelby Commons which is listed at $624, while the average apartment in Sheridan costs $4,350.

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 222 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 $681 which is $3,669 cheaper than the average rent for all rentals in Sheridan.

Expert Rental Resources

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.

Helpful Local Expert Guides

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

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Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!