
Cheap Homes for Rent in Twin Lake Neighborhood of Minneapolis, MN from $1,300 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Twin Lake area of Minneapolis.


5001 Washburn Ave N

2129 51st Ave N, Unit 5059 Oliver Ave N
Twin Lake
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!
Twin Lake, Minneapolis, MN Local Guide

How much does it cost to rent a home in Twin Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Twin Lake 2 Bedroom Homes for Rent | $1,995 | $1,995 | $1,995 |
Twin Lake 3 Bedroom Homes for Rent | $2,164 | $1,850 | $2,575 |
Twin Lake 4 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Twin Lake 5 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Twin Lake Neighborhood of Minneapolis, MN.
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Twin Lake, Minneapolis, MN Local Guide
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Best Value Apartments for Rent in Twin Lake, MN
As of April 15, 2025 the best value apartment in the Twin Lake area is the $1.51 price per square foot 5340 Russell Ave N Model at 5340 Russell Ave N, Unit 2 in the in the Shingle Creek neighborhood starting from $1,475. The second greatest value Twin Lake 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 Twin Lake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
5340 Russell Ave N, Unit 2 | 5340 Russell Ave N | 2BR,1BA | $1.51 |
Eden Park Apartments | Nirvana | 2BR,1BA | $1.50 |
Lake Pointe | Tonka | 1BR,1BA | $1.49 |
Gateway Commons | One bedroom | 1BR,1BA | $1.53 |
The Avenue 401 | 1 bed | 1BR,1BA | $1.40 |
Sonder Point 50+ Apartments | 1 Bedroom A3 | 1BR,1BA | $1.30 |
The Willows Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1.48 |
Pebble Creek North Apartments | One Bedroom | 1BR,1BA | $1.43 |
Robinwood Apartments | 1-BR | 1BR,1BA | $1.49 |
Allianze Sr. Community | 1X1 | 1BR,1BA | $1.25 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Twin Lake
What type of rentals are currently available in Twin Lake?
There are currently 96 Apartments for Rent in Twin Lake, MN with pricing that ranges from $500 to $4,580. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Twin Lake ranging from $1,300 to $3,000.
What is the current price range for Rental Homes in Twin Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Twin Lake ranges from $1,300 to $3,000 with an average monthly rent of $2,211.
How much are larger Three and Four Bedroom Rentals in Twin Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Twin Lake range from $1,570 to $3,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $2,575. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $2,095.
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.

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.

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.