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

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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.

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.

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!

University, Minneapolis, MN Local Guide

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 ListingModel NameBed/BathPriced From
The Quad on DelawareD1R - Renovated 4 Bedroom 4 Bath4BR,4BA$620
Stadium Village ApartmentsStudiosStudio,1BA$880
Yugo Minneapolis 412 Lofts3 Bed, 2 Bath Classic3BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1120 SE 7th St, Unit 21120 SE 7th St2BR,1BA$1.42
Fourth Street Co-op Apartments2BR B2BR,2BA$2.28
Gopher Commons2 Bedroom2BR,1BA$1.78
Yugo Minneapolis 412 Lofts2 Bed, 2 Bath Classic2BR,2BA$1.13
The Quad on DelawareB1R - Renovated 2 Bedroom 2 Bath2BR,2BA$1.10
Chateau Student Housing Cooperative2BR2BR,1BA$2.02
Karinsplass Apartments1 Bedroom with Den - Market1BR,1BA$1.64
624 Huron ApartmentsErie1BR,1BA$1.62
Bierman PlaceThe Single - By-the-apartment1BR,1BA$1.99
Stadium Village ApartmentsStudiosStudio ,1BA$1.76

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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.

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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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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.

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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.

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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.