Deals & Discount Filters
Cheap Apartments for Rent in Downtown Minneapolis
2,263 Rentals
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Plus Fees - 12 Month LeaseSTUDIO$718+1 BED$1,078+The Balmoral
1005 Portland Ave S, Minneapolis, MN 55404 -
Good ValueTotal Monthly Price Total Monthly Price NewSTUDIO$752Base Rent$735 - $765Required Monthly Fees$17Total Monthly Price$752 - $782Brentwood Apartments
117-127 W Grant St, Minneapolis, MN 55403 -
Plus Fees - 6 Month LeaseSTUDIO$750Lilium Apartments and Centennial Place
706 9th St S, Minneapolis, MN 55404 -
Good ValuePlus Fees - 12 Month LeaseSTUDIO$750+1 BED$825+Copenhagen Enterprises
26 Oak Grove St, Minneapolis, MN 55403 -
Total Monthly Price Total Monthly Price NewSTUDIO$772Base Rent$755Required Monthly Fees$17Total Monthly Price$772214 Oak Grove | Origen Living
214 Oak Grove St, Minneapolis, MN 55403 -
Exceptional ValueTotal Monthly Price Total Monthly Price NewSTUDIO$837+1 BED$782+Base Rent$765 - $915Required Monthly Fees$17Total Monthly Price$782 - $932Haverhill Apartments
32-34 Spruce Pl, Minneapolis, MN 55403 -
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Good ValuePlus Fees - 12 Month LeaseSTUDIO$796+1 BED$897+2 BEDS$1,361+Stradford Flats
16 E 15th St, Minneapolis, MN 55403 -
1 Month Free -
1 Month FreePlus Fees - 12 Month LeaseSTUDIO$800+1 BED$893+The Roselle
910 Portland Ave S, Minneapolis, MN 55404 -
Call for RentEast Town Apartments
618 S 9th St, Minneapolis, MN 55404 -
Exceptional ValuePlus Fees - 12 Month LeaseSTUDIO$810+1 BED$1,025+Loring Manor Apartments
1512-1518 Spruce Pl, Minneapolis, MN 55403 -
Good Value| -
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Total Monthly Price Total Monthly Price NewSTUDIO$860+1 BED$1,115+2 BEDS$1,365+Base Rent$845 - $1,350Required Monthly Fees$15Utilities & EssentialsVariesTotal Monthly Price$860 - $1,365- 12 Month Lease225–233 Oak Grove – Oak Grove Downtown
233 Oak Grove St, Minneapolis, MN 55403 -
Total Monthly Price Total Monthly Price NewSTUDIO$860Base Rent$845 - $860Required Monthly Fees$15Utilities & EssentialsVariesTotal Monthly Price$860 - $875- 12 Month LeaseOak Grove Downtown
116 Oak Grove St, Minneapolis, MN 55403 -
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Exceptional ValuePlus FeesSTUDIO$845+2 BEDS$1,400+The Parkway Apartments
1501 Lasalle Ave, Minneapolis, MN 55403 -
Exceptional Value| -
Total Monthly Price Total Monthly Price NewSTUDIO$900Base Rent$850 - $875Required Monthly Fees$50Total Monthly Price$900 - $925- 12 Month LeaseThe Villa Apartments
1111 S 7th St, Minneapolis, MN 55415 -
Total Monthly Price Total Monthly Price NewSTUDIO$850+1 BED$1,025+Base Rent$850 - $1,025Utilities & EssentialsVariesTotal Monthly Price$850 - $1,025- 12 Month LeaseLoring Grove Apartments
125 Oak Grove St, Minneapolis, MN 55403 -
Plus Fees - 12 Month LeaseSTUDIO$850+1 BED$1,085+Hawthorne Gates
1205 Hawthorne Ave, Minneapolis, MN 55403 -
Good ValuePlus Fees - 12 Month LeaseSTUDIO$879+1 BED$940+Cromwell Commons
10 E 15th St, Minneapolis, MN 55403 -
Exceptional Value| -
1 Month FreeTotal Monthly Price Total Monthly Price NewSTUDIO$903Base Rent$899 - $949Required Monthly Fees$4Utilities & EssentialsVariesTotal Monthly Price$903 - $953225 Place Apartments
225 W 15th St, Minneapolis, MN 55403 -
Exceptional ValuePlus Fees - 12 Month LeaseSTUDIO$925+1 BED$1,010+Oak Grove Apartment Hotel
230 Oak Grove St, Minneapolis, MN 55403 -
Total Monthly Price Total Monthly Price New1 BED$949Base Rent$949Required Monthly FeesNoneTotal Monthly Price$949- 12 Month LeaseThe Jameson Apartments
606 E 15th St, Minneapolis, MN 55404 -
Plus Fees - 12 Month Lease1 BED$950+2 BEDS$1,500+Three-Thirty-Three Oak Grove
333 Oak Grove St, Minneapolis, MN 55403 -
Call for Rent1600
1600 Park Ave, Minneapolis, MN 55404 -
Plus FeesSTUDIO$970+2 BEDS$1,655+3 BEDS$2,355+416 Lofts
416 10th Ave N, Minneapolis, MN 55401 -
Total Monthly Price Total Monthly Price NewSTUDIO$990+1 BED$1,115+Base Rent$975 - $1,145Required Monthly Fees$15Utilities & EssentialsVariesTotal Monthly Price$990 - $1,160- 12 Month Lease1400–1408 Spruce Pl – Oak Grove Downtown
1400-1408 Spruce Pl, Minneapolis, MN 55403 -
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Total Monthly Price Total Monthly Price NewSTUDIO, 1 BATH$995Base Rent$995Required Monthly FeesNoneTotal Monthly Price$995431 S 7th St Unit 2610
431 S 7th St, Minneapolis, MN 55415 -
Exceptional Value|Total Monthly Price Total Monthly Price NewSTUDIO$1,014+1 BED$1,295+Base Rent$999 - $1,669Required Monthly Fees$15Total Monthly Price$1,014 - $1,684LaSalle Apartments
36 S 9th St, Minneapolis, MN 55402 -
Plus FeesSTUDIO$999+1 BED$1,420+The Buckingham Apartments
1500 LaSalle Ave, Minneapolis, MN 55403 -
Total Monthly Price Total Monthly Price NewSTUDIO$1,003+1 BED$1,283+Base Rent$999 - $1,279Required Monthly Fees$4Utilities & EssentialsVariesTotal Monthly Price$1,003 - $1,283214 Place Apartments
214 W 15th St, Minneapolis, MN 55403 -
Rent SpecialPlus Fees - 12 Month LeaseSTUDIO$1,020+1 BED$1,280+2 BEDS$1,475+St Anthony Mills Apartments
720 Washington Ave S, Minneapolis, MN 55415
Showing 42 of 206 results, Page 1 of 5
Minneapolis at a Glance
Cheap Apartments in Downtown Minneapolis Neighborhood in Minneapolis, MN
When looking for cheap apartments in Downtown 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 Downtown 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 206 cheap apartments available in Downtown Minneapolis, Apartment Finder is the place to find your next rental.
Top Budget-Friendly Neighborhoods in Minneapolis
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Washburn-Fair Oaks District 535 Sq Ft $1,071/mo
- Lowry Hill E Residential District 579 Sq Ft $1,077/mo
- Sunnyside 568 Sq Ft $1,084/mo
- South Murray Lane 725 Sq Ft $1,113/mo
- Mattson Heights 731 Sq Ft $1,130/mo
- Powderhorn Park 698 Sq Ft $1,142/mo
- Stevens Square Historic District 513 Sq Ft $1,143/mo
- Whittier 569 Sq Ft $1,146/mo
- Stevens Square 560 Sq Ft $1,147/mo
- Willard-Hay 736 Sq Ft $1,153/mo
Discover the cheapest neighborhoods in Minneapolis
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About Our Deals
Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
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Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
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Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.