Cheap Apartments for Rent in the 55431 ZIP Code of Minneapolis, MN from $300 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 55431 ZIP Code area of Minneapolis.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Pendleton Apartments
1 to 2 Bedroom Apartments

Pendleton Apartments

9101-9115 S Penn AveBloomington, MN 55431
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Morgan Apartments
2 Bedroom Apartments

Morgan Apartments

10000-10024 Morgan Ave SBloomington, MN 55431
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Moir Park Apartments
2 Bedroom Apartments

Moir Park Apartments

2001-2041 W Old Shakopee RdBloomington, MN 55431
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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.

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Parkview
1 Bedroom Apartments

Parkview

1955 W Old Shakopee RdBloomington, MN 55431
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Woodland Apartments
2 Bedroom Apartments

Woodland Apartments

1819 Old Shakopee RdBloomington, MN 55431
  • Utilities Included

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.

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Southview Estates
1 to 3 Bedroom Apartments

Southview Estates

8901 Aldrich Ave SBloomington, MN 55420
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108 Place
1 to 3 Bedroom Apartments

108 Place

4050 W 108th StBloomington, MN 55437
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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

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Lyndale Flats
1 to 2 Bedroom Apartments

Lyndale Flats

9320 Lyndale Ave SBloomington, MN 55420
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Windfield Estates
2 Bedroom Apartments

Windfield Estates

10160 Lyndale Ave SBloomington, MN 55420
  • Utilities Included

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.

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Frequently Asked Questions about Cheap the 55431 ZIP Code Apartments

What is the Cheapest Studio apartment in 55431?

Currently the most affordable Cheap Studio Apartment in 55431 is at River's Landing Apartments listed at $1,025.

How much is rent for a Cheap One Bedroom 55431 Apartment?

The lowest price for a Cheap One Bedroom 55431 Apartment is $1,399 at Fox Run Apartments.

What is the lowest price for a Cheap Two Bedroom 55431 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 55431 is starting from $1,675 at Pepper Valley Apartments.

What is the most affordable 55431 Three Bedroom Apartment?

The best deal on a cheap 55431 Three Bedroom Apartment rental is at The Township at St. Charles and starts from $2,645.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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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.