Cheap Apartments for Rent in the 55406 ZIP Code of Minneapolis, MN from $300 (70 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 55406 ZIP Code area of Minneapolis.

property at 2818 E 31st St

2818 E 31st St

MinneapolisMN55406

Minneapolis's Best Affordable Neighborhoods

Learn about Minneapolis, MN and the best places to live with original content written by our Minneapolis Local Expert Stephanie Lica

close
View Me
3710 Minnehaha Ave
Studio to 2 Bedroom Apartments

3710 Minnehaha Ave

3710 Minnehaha AveMinneapolis, MN 55406
close
View Me
Tudor Terrace
1 to 2 Bedroom Apartments

Tudor Terrace

3014 31st Ave SMinneapolis, MN 55406
  • Utilities Included
close
View Me
Hiawatha Haven
1 Bedroom Apartments

Hiawatha Haven

3025 30th Ave SMinneapolis, MN 55406
  • Utilities Included
close
View Me
Franklin Housing Co-op
1 to 2 Bedroom Apartments

Franklin Housing Co-op

2300 E Franklin AveMinneapolis, MN 55406
  • Utilities Included
close
View Me
Longfellow Place
1 Bedroom Apartments

Longfellow Place

3414 Minnehaha AveMinneapolis, MN 55406
  • Utilities Included
close
View Me
The Moline
1 Bedroom Apartments

The Moline

3146 Minnehaha AveMinneapolis, MN 55406
close
View Me
The Hillock
Studio to 2 Bedroom Apartments

The Hillock

4440 Snelling AveMinneapolis, MN 55406
Senior Living
  • Utilities Included
close
View Me
Simmons Manor
1 to 3 Bedroom Apartments

Simmons Manor

3800 Minnehaha AveMinneapolis, MN 55406
  • Utilities Included
close
View Me
Millworks Lofts
1 Bedroom Apartments

Millworks Lofts

4041 Hiawatha AveMinneapolis, MN 55406
  • Utilities Included
close
View Me
Minnehaha Apartments
2 Bedroom Apartments

Minnehaha Apartments

3132 E Minnehaha AveMinneapolis, MN 55406
  • Utilities Included
  • Smoke Free

Minneapolis, MN Local Guide

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

Frequently Asked Questions about Cheap the 55406 ZIP Code Apartments

How much is rent for a Cheap One Bedroom 55406 Apartment?

The lowest price for a Cheap One Bedroom 55406 Apartment is $850 at Summit Pointe Apartments.

What is the lowest price for a Cheap Two Bedroom 55406 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 55406 is starting from $799 at Summit Pointe Apartments.

What is the most affordable 55406 Three Bedroom Apartment?

The best deal on a cheap 55406 Three Bedroom Apartment rental is at Barden Ridge Apartments and starts from $1,224.

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.