Cheap Apartments for Rent in the Twin Lake Neighborhood of Minneapolis, MN from $800 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Chelsea Park
1 Bedroom Apartments

Chelsea Park

4200 45th Ave NMinneapolis, MN 55422
  • Utilities Included
close
View Me
Calibre Chase
1 Bedroom Apartments

Calibre Chase

6315 55th Ave NMinneapolis, MN 55428
Senior Living
  • Utilities Included
close
View Me
3927 W Broadway Ave
2 Bedroom Apartments

3927 W Broadway Ave

3927 W Broadway AveMinneapolis, MN 55422
  • Utilities Included
close
View Me
The Crest
1 to 2 Bedroom Apartments

The Crest

6221 Shingle Creek PkyBrooklyn Center, MN 55430
  • Utilities Included
close
View Me
5324-5340 Hanson Ct N
1 to 2 Bedroom Apartments

5324-5340 Hanson Ct N

5324-5340 Hanson Ct NCrystal, MN 55429
  • Utilities Included

Twin Lake, Minneapolis, MN Local Guide

Cheapest Available Twin Lake Apartments for Rent

 

The cheapest available apartment rental in the Twin Lake area of Minneapolis, MN is a 1 Bed unit found at The Willows Apartments priced from $980. The Crest has the second lowest priced unit, which is a 1 Bed apartment currently listed from $988. Here are the most affordable Twin Lake apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
The Willows Apartments1 Bedroom/1 Bath1BR,1BA$980
The CrestClassic Crest-1 Bedroom1BR,1BA$988
Lake PointeStudioStudio,1BA$989
Regent Place ApartmentsStudioStudio,1BA$995
The Point Apartments1 Bed/1 Bath1BR,1BA$995
Garden GatesStudioStudio,1BA$999
Robinwood Apartments1-BR1BR,1BA$1,029
Point 47 Apartments (3501)1 Bedroom 1 Bath1BR,1BA$1,029
Point 47 Apartments1 Bedroom (554/559)1BR,1BA$1,029
Pebble Creek North ApartmentsOne Bedroom1BR,1BA$1,040

Best Value Apartments for Rent in Twin Lake, MN

As of March 29, 2025 the best value apartment in the Twin Lake area is the $1.29 price per square foot 2 Bedroom (WB1-60) Model at Wangstad Commons in the in the Shingle Creek neighborhood starting from $1,277. The second greatest value Twin Lake apartment is the 5340 Russell Ave N Model at 5340 Russell Ave N, Unit 2 starting at $1,475 with a $1.51 price per square foot in the Shingle Creek neighborhood. Here is today’s list of the best values for Twin Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wangstad Commons2 Bedroom (WB1-60)2BR,1BA$1.29
5340 Russell Ave N, Unit 25340 Russell Ave N2BR,1BA$1.51
Beard Ave ApartmentsTwo Bedroom One Bath2BR,1BA$1.35
5026 42nd Ave N, Unit 1015026 42nd Ave N2BR,1BA$1.32
Gateway CommonsOne bedroom1BR,1BA$1.53
The Avenue 4011 bed1BR,1BA$1.40
The Willows Apartments1 Bedroom/1 Bath1BR,1BA$1.34
Pebble Creek North ApartmentsOne Bedroom1BR,1BA$1.43
Robinwood Apartments1-BR1BR,1BA$1.49
Lake PointeStudioStudio ,1BA$1.52

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Twin Lake, Minneapolis, MN

Ranked #145

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the Twin Lake Neighborhood in Minneapolis, MN

Walk Score®

53 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

60 / 100

Bikeable

Some bike infrastructure

Transit Score®

43 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Twin Lake Apartments

What is a cheap apartment in Twin Lake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Twin Lake is under $1,040.

What is the price of a cheap apartment in Twin Lake?

The cheapest apartment in Twin Lake is The Willows Apartments which is listed at $980, while the average apartment in Twin Lake costs $2,245.

What types of apartments are the cheapest in Twin Lake?

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 4 regular apartments in Twin Lake 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 Twin Lake?

Cheap apartments in Twin Lake have an average cost of $605 which is $1,640 cheaper than the average rent for all rentals in Twin Lake.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.