Cheap Apartments for Rent in the The Ponds Neighborhood of Minneapolis, MN from $500 (15 Rentals)

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

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Creekside Gables
Studio to 2 Bedroom Apartments

Creekside Gables

7601 Zane AveMinneapolis, MN 55443
Senior Living
  • Utilities Included

The Ponds

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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The Ponds, Minneapolis, MN Local Guide

Cheapest Available The Ponds Apartments for Rent

 

The cheapest available apartment rental in the The Ponds area of Minneapolis, MN is a 1 Bed unit found at Allianze Sr. Community priced from $500. Point of America Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable The Ponds apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Allianze Sr. Community1X11BR,1BA$500
Point of America ApartmentsLincoln1BR,1BA$900
Autumn Ridge Apartments1 Bedroom1BR,1BA$907
Huntington Place1 Bedroom, Top Level Silver, Income Restrictions1BR,1BA$975
Eden Park ApartmentsEden1BR,1BA$995

Best Value Apartments for Rent in The Ponds, MN

As of April 17, 2025 the best value apartment in the The Ponds area is the $1.47 price per square foot Geyser Model at Fountains in the Park in the in the Skyway neighborhood starting from $1,395. The second greatest value The Ponds apartment is the Nirvana Model at Eden Park Apartments starting at $1,360 with a $1.50 price per square foot in the Becker neighborhood. Here is today’s list of the best values for The Ponds apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fountains in the ParkGeyser2BR,1BA$1.47
Eden Park ApartmentsNirvana2BR,1BA$1.50
Ridgebrook ApartmentsCreek w/ Walk in Closet1BR,1BA$1.48
Point of America ApartmentsReagan2BR,1BA$1.49
Gateway CommonsOne bedroom1BR,1BA$1.53
Windsor GatesGolden1BR,1BA$1.39
The Willows Apartments1 Bedroom/1 Bath1BR,1BA$1.48
Pebble Creek North ApartmentsOne Bedroom1BR,1BA$1.43
Autumn Ridge Apartments1 Bedroom - Market1BR,1BA$1.33
Allianze Sr. Community1X11BR,1BA$1.25

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Pet Friendly Lifestyle
The Ponds, Minneapolis, MN

Ranked #162

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
The Ponds, Minneapolis, MN

School data provided by Great Schools

Frequently Asked Questions about Cheap The Ponds Apartments

What is the price of a cheap apartment in The Ponds?

The cheapest apartment in The Ponds is Allianze Sr. Community which is listed at $500, while the average apartment in The Ponds costs $2,949.

What types of apartments are the cheapest in The Ponds?

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 103 regular apartments in The Ponds that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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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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.

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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.