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Cheap Apartments for Rent in Minneapolis, MN

9,449 Rentals
.
  4. Building Photo - Radius
    $111 Off
    Price Drop. $111 Off
    1 BED
    $825+
    2 BEDS
    $699+
    3 BEDS
    $495+
    4 BEDS
    $519+
    Plus Fees

    Radius

    701 15th Ave SE, Minneapolis, MN 55414
    (844) 783-9050
  8. Building Photo - Paige Hall
    STUDIO
    $551
    Plus Fees - 12 Month Lease

    Paige Hall

    727 5th Ave S, Minneapolis, MN 55415
  9. 2BR, 2BA - B Bedroom - University Village
    2 BEDS
    $575+
    4 BEDS
    $750+
    Total Monthly Price Total Monthly Price New
    Base Rent$575 - $2,150
    Required Monthly FeesNone
    Total Monthly Price$575 - $2,150
         - 12 Month Lease

    University Village

    2515 University Ave SE, Minneapolis, MN 55414
    (763) 363-6254
  10. Building Photo - Accolade Minneapolis
    Exceptional Value
    |
    STUDIO
    $1,180+
    1 BED
    $1,330+
    2 BEDS
    $580+
    4 BEDS
    $756+
    Total Monthly Price Total Monthly Price New
    Base Rent$580 - $1,599
    Utilities & EssentialsVaries
    Total Monthly Price$580 - $1,599

    Accolade Minneapolis

    2650 University Ave, Minneapolis, MN 55414
    (763) 270-2987
  11. Building Photo - The Marshall
    1 BED
    $790+
    2 BEDS
    $580+
    3 BEDS
    $829+
    4 BEDS
    $900+
    Total Monthly Price Total Monthly Price New
    Base Rent$580 - $1,650
    Utilities & EssentialsVaries
    Total Monthly Price$580 - $1,650
         - 11 Month Lease

    The Marshall

    515 14th Ave SE, Minneapolis, MN 55414
    (952) 230-2595
  13. Building Photo - 3224 Hennepin Ave
    1 BED, 1 BATH
    $615
    Total Monthly Price Total Monthly Price New
    Base Rent$615
    Required Monthly FeesNone
    Total Monthly Price$615
         - 12 Month Lease

    3224 Hennepin Ave Unit 3 - Room D

    3224 Hennepin Ave, Minneapolis, MN 55408
    Apply
  14. Building Photo - Shelby Commons
    1 BED
    $624+
    2 BEDS
    $2,150+
    3 BEDS
    $1,536+
    Plus Fees - 12 Month Lease

    Shelby Commons

    188 Glenwood Ave, Minneapolis, MN 55405
  15. Building Photo - Bierman Place
    4 BEDS
    $650
    Plus Fees - 12 Month Lease

    Bierman Place

    1401 6th St SE, Minneapolis, MN 55414
  16. Building Photo - Cretin Court Apts
    STUDIO
    $640+
    1 BED
    $789+
    2 BEDS
    $950+
    3 BEDS
    $1,620+
    Plus Fees - 12 Month Lease

    Cretin Court Apts

    50 Cretin Ave S, Saint Paul, MN 55105
  17. Building Photo - 214 Oak Grove | Origen Living
    STUDIO
    $662
    Total Monthly Price Total Monthly Price New
    Base Rent$645 - $695
    Required Monthly Fees$17
    Total Monthly Price$662 - $712

    214 Oak Grove | Origen Living

    214 Oak Grove St, Minneapolis, MN 55403
  18. Building Photo - 1316 7th St SE
    12 BEDS, 3 BATHS
    $650
    Total Monthly Price Total Monthly Price New
    Base Rent$650
    Required Monthly FeesNone
    Total Monthly Price$650

    1316 7th St SE Unit 8 Bedroom - 8

    1316 7th St SE, Minneapolis, MN 55414
  20. Building Photo - Hub Minneapolis
    STUDIO
    $1,350+
    1 BED
    $1,780+
    2 BEDS
    $655+
    3 BEDS
    $1,140+
    Total Monthly Price Total Monthly Price New
    Base Rent$655 - $2,040
    Utilities & EssentialsVaries
    Total Monthly Price$655 - $2,040
         - 11 Month Lease

    Hub Minneapolis

    311 Harvard St SE, Minneapolis, MN 55414
    (651) 661-4363
  22. Brand New Renovated Studio - Brentwood Apartments
    STUDIO
    $702+
    1 BED
    $812+
    Total Monthly Price Total Monthly Price New
    Base Rent$685 - $805
    Required Monthly Fees$17
    Total Monthly Price$702 - $822

    Brentwood Apartments

    117-127 W Grant St, Minneapolis, MN 55403
    (888) 315-6615
  24. Building Photo - Peregrine
    1 BED
    $691+
    2 BEDS
    $823+
    3 BEDS
    $945+
    4 BEDS
    $1,048+
    Plus Fees - 12 Month Lease

    Peregrine

    2035 W River Rd, Minneapolis, MN 55411
    (612) 230-7351
  27. Building Photo - Buri Manor
    STUDIO
    $699
    Plus Fees - 12 Month Lease

    Buri Manor

    1515 Chicago Ave, Minneapolis, MN 55404
  29. Building Photo - 88 Cleveland Avenue
    2 BEDS
    $785+
    3 BEDS
    $720+
    Total Monthly Price Total Monthly Price New
    Base Rent$700 - $765
    Required Monthly Fees$20 - $30
    Total Monthly Price$720 - $795
         - 12 Month Lease

    88 Cleveland Avenue

    88 Cleveland Ave N, Saint Paul, MN 55104
  30. Building Photo - 1316 7th St SE
    12 BEDS, 3 BATHS
    $700
    Total Monthly Price Total Monthly Price New
    Base Rent$700
    Required Monthly FeesNone
    Total Monthly Price$700

    1316 7th St SE Unit 5 Bedroom - 5

    1316 7th St SE, Minneapolis, MN 55414
  31. Building Photo - The Balmoral
    STUDIO
    $718+
    1 BED
    $1,078+
    Plus Fees - 12 Month Lease

    The Balmoral

    1005 Portland Ave S, Minneapolis, MN 55404
  33. Primary Photo - Holmes Park Village
    1 BED
    $1,282+
    2 BEDS
    $723+
    3 BEDS
    $792+
    Plus Fees - 12 Month Lease

    Holmes Park Village

    320 2nd Ave SE, Minneapolis, MN 55414
  34. Building Photo - Rose
    STUDIO
    $725+
    1 BED
    $1,433+
    2 BEDS
    $907+
    3 BEDS
    $1,325+
    Plus Fees

    Rose

    1928 Portland Ave, Minneapolis, MN 55404
    (763) 363-6110
  35. Building Exterior - 2003 Grand Ave
    2 BEDS
    $745
    Total Monthly Price Total Monthly Price New
    Base Rent$725
    Required Monthly Fees$20 - $30
    Total Monthly Price$745 - $755
         - 12 Month Lease

    2003 Grand Ave

    2003 Grand Ave, Saint Paul, MN 55105
  37. Building Photo - 1316 7th St SE
    12 BEDS, 3 BATHS
    $725
    Total Monthly Price Total Monthly Price New
    Base Rent$725
    Required Monthly FeesNone
    Total Monthly Price$725

    1316 7th St SE Unit 1 Bedroom - 1

    1316 7th St SE, Minneapolis, MN 55414
  38. Building Photo - 1316 7th St SE
    12 BEDS, 3 BATHS
    $725
    Total Monthly Price Total Monthly Price New
    Base Rent$725
    Required Monthly FeesNone
    Total Monthly Price$725

    1316 7th St SE Unit 7 Bedroom - 7

    1316 7th St SE, Minneapolis, MN 55414
  39. 12 BEDS, 3 BATHS
    $725
    Total Monthly Price Total Monthly Price New
    Base Rent$725
    Required Monthly FeesNone
    Total Monthly Price$725

    1316 7th St SE Unit 12 Bedroom - 12

    1316 7th St SE, Minneapolis, MN 55414
  40. Building Photo - WaHu Apartments
    STUDIO
    $1,289+
    1 BED
    $1,489+
    2 BEDS
    $959+
    3 BEDS
    $819+
    Plus Fees - 11 Month Lease

    WaHu Apartments

    1000 Washington Ave SE, Minneapolis, MN 55414
Showing 42 of 750 results, Page 1 of 18

Minneapolis at a Glance

Average Rent

$1,385
(All bedrooms and property types)
Learn more about
Average Rent in Minneapolis
6

School Rating

out of 10 Rating
Learn more about
Schools in Minneapolis
52

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Minneapolis
83

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Minneapolis

Minneapolis, MN Cheap Apartments for Rent

When looking for cheap apartments in Minneapolis, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Minneapolis.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 750 cheap apartments available in Minneapolis Apartment Finder is the place to find your next rental.

Renting in Minneapolis

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Minneapolis

(For 1 bedroom apartments)

Getting Around Minneapolis

Transportation

75

Very Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
83

Very Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
52

Good Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

Private University
Public University
Public University
Private University
Public University
GreatSchools Rating
Washburn Senior High

Public High School

Public
Grades 9-12
1,582 Students
GreatSchools Rating
Southwest Senior High

Public High School

Public
Grades 9-12
1,484 Students
GreatSchools Rating
South Senior High

Public High School

Public
Grades 9-12
1,466 Students
GreatSchools Rating
FAIR Senior High

Public High School

Public
Grades 9-12
339 Students
GreatSchools Rating
Roosevelt Senior High

Public High School

Public
Grades 9-12
1,044 Students
GreatSchools Rating
Anthony Middle School

Public Middle School

Public
Grades 6-8
763 Students
GreatSchools Rating
Justice Page Middle School

Public Middle School

Public
Grades 6-8
925 Students
GreatSchools Rating
Sanford Middle

Public Middle School

Public
Grades 6-8
738 Students
GreatSchools Rating
Burroughs Elementary

Public Elementary School

Public
Grades K-5
468 Students
GreatSchools Rating
Kenny Elementary

Public Elementary School

Public
Grades K-5
315 Students
GreatSchools Rating
Windom School

Public Elementary School

Public
Grades K-5
371 Students
GreatSchools Rating
Northrop Elementary

Public Elementary School

Public
Grades K-5
365 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Minneapolis

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Minneapolis Apartments for Rent in Your Budget

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