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Apartments under $700 for Rent in Minneapolis, MN

117 Rentals
  1. Rent Special
    |
    2 BEDS
    $580
    Total Monthly Price Total Monthly Price New
    Base Rent$580 - $625
    Required Monthly FeesNone
    Total Monthly Price$580 - $625
    - 11 Month Lease

    Accolade Minneapolis

    2650 University Ave, Minneapolis, MN 55414
    (763) 270-2987
  2. Exceptional Value
    2 BEDS
    $549
    Total Monthly Price Total Monthly Price New
    Base Rent$549 - $1,150
    Utilities & EssentialsVaries
    Total Monthly Price$549 - $1,150
    - 11 Month Lease

    The Marshall

    515 14th Ave SE, Minneapolis, MN 55414
    (952) 230-2595
  3. Good Value
    2 BEDS
    $755
    Total Monthly Price Total Monthly Price New
    Base Rent$75 - $1,360
    Utilities & EssentialsVaries
    Total Monthly Price$755 - $1,360

    Hub Minneapolis

    311 Harvard St SE, Minneapolis, MN 55414
    (651) 661-4363
  4. Rent Special
    2 BEDS
    $695+
    4 BEDS
    $495+
    Total Monthly Price Total Monthly Price New
    Base Rent$495 - $695
    Utilities & EssentialsVaries
    Total Monthly Price$495 - $695

    Bierman Place

    1401 6th St SE, Minneapolis, MN 55414
    (651) 409-9949
  5. Exceptional Value
    3 BEDS
    $682+
    4 BEDS
    $632+
    Total Monthly Price Total Monthly Price New
    Base Rent$589 - $699
    Required Monthly Fees$43
    Utilities & EssentialsVaries
    Total Monthly Price$632 - $742
    - 12 Month Lease

    The Arrow Apartments

    117 27th Ave SE, Minneapolis, MN 55414
    (651) 370-8751
  6. 2BR, 2BA - B Bedroom - University Village
    Rent Special
    2 BEDS
    $575+
    4 BEDS
    $700+
    Total Monthly Price Total Monthly Price New
    Base Rent$575 - $700
    Required Monthly FeesNone
    Total Monthly Price$575 - $700
    - 12 Month Lease

    University Village

    2515 University Ave SE, Minneapolis, MN 55414
    (763) 363-6254
  7. Building Photo - 2514 Girard Ave S
    STUDIO
    $595
    Total Monthly Price Total Monthly Price New
    Base Rent$595
    Utilities & EssentialsVaries
    Total Monthly Price$595
    - 12 Month Lease

    2514 Girard Ave S

    2514 Girard Ave S, Minneapolis, MN 55405
  8. 3 BEDS
    $695
    Total Monthly Price Total Monthly Price New
    Base Rent$675
    Required Monthly Fees$20 - $30
    Total Monthly Price$695 - $705
    - 12 Month Lease

    88 Cleveland Avenue

    88 Cleveland Ave N, Saint Paul, MN 55104
  9. STUDIO
    $640
    Plus Fees - 12 Month Lease

    Cretin Court Apts

    50 Cretin Ave S, Saint Paul, MN 55105
  10. 1 BED, 2 BATHS
    $625+
    6 BEDS, 2 BATHS
    $660+
    Total Monthly Price Total Monthly Price New
    Base Rent$625 - $660
    Required Monthly FeesNone
    Total Monthly Price$625 - $660
    - 12 Month Lease

    1100 15th Ave SE

    1100 15th Ave SE, Minneapolis, MN 55414
  11. 1 BED, 1 BATH
    $675
    Total Monthly Price Total Monthly Price New
    Base Rent$675
    Required Monthly FeesNone
    Total Monthly Price$675
    - 12 Month Lease

    432 Ridgewood Ave Unit attic penthouse

    432 Ridgewood Ave, Minneapolis, MN 55403
  12. 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
  13. 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
  14. 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 11 Bedroom - 11

    1316 7th St SE, Minneapolis, MN 55414
  15. 2 BEDS
    $17
    Plus Fees - 12 Month Lease

    Chateau Edina

    6415 York Ave S, Edina, MN 55435
  16. Rent Special
    2 BEDS
    $549+
    3 BEDS
    $495+
    4 BEDS
    $545+
    Plus Fees

    Radius

    701 15th Ave SE, Minneapolis, MN 55414
  17. Building Photo - Paige Hall
    STUDIO
    $551
    Plus Fees - 12 Month Lease

    Paige Hall

    727 5th Ave S, Minneapolis, MN 55415
  18. STUDIO
    $699
    Plus Fees - 12 Month Lease

    Buri Manor

    1515 Chicago Ave, Minneapolis, MN 55404

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Living & Renting in Minneapolis

Minneapolis at a Glance

Average Rent

$1,424
(All bedrooms and property types)
Learn more about
Average Rent in Minneapolis
7

School Rating

out of 10 Rating
Learn more about
Schools in Minneapolis

Minneapolis, MN Apartments for Rent

Minneapolis stretches across both banks of the Upper Mississippi River and earned its nickname as the "City of Lakes" with thirteen lakes scattered throughout the metro area. If you're hunting for apartments for rent in Minneapolis, you'll discover a city that balances Midwestern friendliness with metropolitan perks—including the famous downtown skyway system that connects buildings on the second floor, so you can stay warm and dry during those Minnesota winters.

Renting in Minneapolis means choosing from neighborhoods that each bring their own character. The artsy Northeast area features charming Craftsman-style apartment communities, while Uptown puts you steps from several lakes. Looking for something more industrial-chic? The North Loop serves up converted warehouse lofts within walking distance of downtown employers. Getting around is easy with the METRO Blue and Green Lines, plus miles of bike trails that connect to the Grand Rounds National Scenic Byway. Between the University of Minnesota campus energy, major employers like Target and 3M, and more theater seats per capita than anywhere except NYC, Minneapolis delivers both affordability and culture for renters.

Why Minneapolis?

  • The University of Minnesota - one of the nation's largest universities.
  • Headquarters of many Fortune 500 companies
  • A 6,800-acre system of 22 lakes, over 180 parks, and 55 miles of biking and walking paths.
  • Shopping at the Ancient Traders Market for Native American art.
  • A walkable downtown with eight miles of glass-enclosed skyways.
  • Major sports teams include the NFL Minnesota Vikings and the MLB Twins.

Renting in Minneapolis

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Minneapolis

(For 1 bedroom apartments)

Education

Private University
Public University
Private University
Public University
GreatSchools Rating

Public High School

Public
Grades 9-12
1,582 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,582 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,484 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,466 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,466 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
94 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
763 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
132 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
925 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
468 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
468 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
315 Students

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

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