
Cheap Homes for Rent in University Neighborhood of Minneapolis, MN from $700 (5 Rentals)
Cheap Homes in the University area of Minneapolis.

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.

1920 S 1st St, Unit 1602
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

918 17th Ave SE
University - 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!

918 17th Ave SE

629 12th Ave SE
University, Minneapolis, MN Local Guide

How much does it cost to rent a home in University?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University 2 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
University 6 Bedroom Homes for Rent | $4,600 | $4,600 | $4,600 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the University Neighborhood of Minneapolis, MN.
Explore Minneapolis
University, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available University Apartments for Rent
 The cheapest available apartment rental in the University area of Minneapolis, MN is a 4 Beds unit found at The Quad on Delaware priced from $620. Stadium Village Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $880. Here are the most affordable University apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Quad on Delaware | D1R - Renovated 4 Bedroom 4 Bath | 4BR,4BA | $620 |
Stadium Village Apartments | Studios | Studio,1BA | $880 |
Yugo Minneapolis 412 Lofts | 3 Bed, 2 Bath Classic | 3BR,2BA | $919 |
Best Value Apartments for Rent in University, MN
As of May 04, 2025 the best value apartment in the University area is the $1.42 price per square foot 1120 SE 7th St Model at 1120 SE 7th St, Unit 2 in the in the University Of Minnesota neighborhood starting from $1,700. The second greatest value University apartment is the 2BR B Model at Fourth Street Co-op Apartments starting at $2,200 with a $2.28 price per square foot in the University Of Minnesota neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1120 SE 7th St, Unit 2 | 1120 SE 7th St | 2BR,1BA | $1.42 |
Fourth Street Co-op Apartments | 2BR B | 2BR,2BA | $2.28 |
Gopher Commons | 2 Bedroom | 2BR,1BA | $1.78 |
Yugo Minneapolis 412 Lofts | 2 Bed, 2 Bath Classic | 2BR,2BA | $1.13 |
The Quad on Delaware | B1R - Renovated 2 Bedroom 2 Bath | 2BR,2BA | $1.10 |
Chateau Student Housing Cooperative | 2BR | 2BR,1BA | $2.02 |
Karinsplass Apartments | 1 Bedroom with Den - Market | 1BR,1BA | $1.64 |
624 Huron Apartments | Erie | 1BR,1BA | $1.62 |
Bierman Place | The Single - By-the-apartment | 1BR,1BA | $1.99 |
Stadium Village Apartments | Studios | Studio ,1BA | $1.76 |
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.
Frequently Asked Questions about University
What type of rentals are currently available in University?
There are currently 128 Apartments for Rent in University, MN with pricing that ranges from $495 to $9,786. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $750 to $4,600.
What is the current price range for Rental Homes in University?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University ranges from $750 to $4,600 with an average monthly rent of $2,400.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.