Deals & Discount Filters
Cheap Apartments for Rent in Downtown Minneapolis
2,923 Rentals
-
-
Plus Fees - 12 Month Lease1 BED$624+2 BEDS$1,338+3 BEDS$1,927+Shelby Commons
188 Glenwood Ave, Minneapolis, MN 55405 -
-
-
Plus Fees - 12 Month LeaseSTUDIO$718+1 BED$1,078+The Balmoral
1005 Portland Ave S, Minneapolis, MN 55404 -
Plus Fees - 1 Month LeaseSTUDIO$725+1 BED$1,433+2 BEDS$907+3 BEDS$1,325+Rose
1928 Portland Ave, Minneapolis, MN 55404 -
Good ValueTotal Monthly Price Total Monthly Price NewSTUDIO$752Base Rent$735 - $745Required Monthly Fees$17Total Monthly Price$752 - $762Brentwood Apartments
117-127 W Grant St, Minneapolis, MN 55403 -
Good ValuePlus Fees - 6 Month LeaseSTUDIO$750Lilium Apartments and Centennial Place
706 9th St S, Minneapolis, MN 55404 -
Exceptional ValuePlus Fees - 12 Month LeaseSTUDIO$750+1 BED$800+2 BEDS$1,050+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 -
Plus Fees - 12 Month LeaseSTUDIO$775+1 BED$975+Loring Manor Apartments
1512-1518 Spruce Pl, Minneapolis, MN 55403 -
Good ValuePlus FeesSTUDIO$795+1 BED$800+2 BEDS$995+Stevens Community Apartments
128 E 18th St, Minneapolis, MN 55403 -
-
Plus Fees - 12 Month LeaseSTUDIO$799+1 BED$999+Parkline Flats
2110 S Park Ave, Minneapolis, MN 55404 -
Plus Fees - 12 Month LeaseSTUDIO$800+1 BED$893+The Roselle
910 Portland Ave S, Minneapolis, MN 55404 -
1 Month Free -
Call for RentEast Town Apartments
618 S 9th St, Minneapolis, MN 55404 -
Total Monthly Price Total Monthly Price NewSTUDIO$960Base Rent$805Required Monthly Fees$155Utilities & EssentialsVariesTotal Monthly Price$9602300 Aldrich Ave S
2300 Aldrich Ave S, Minneapolis, MN 55405 -
Call for Rent
2016 Grand
2016 Grand Ave S, Minneapolis, MN 55405 -
Call for Rent
2124 Garfield Avenue South
2124 Garfield Ave S, Minneapolis, MN 55405 -
Plus Fees - 12 Month LeaseSTUDIO$817+1 BED$858+Stradford Flats
16 E 15th St, Minneapolis, MN 55403 -
Rent Special| -
Rent SpecialTotal Monthly Price Total Monthly Price NewSTUDIO$837Base Rent$820Required Monthly Fees$17Total Monthly Price$837Haverhill Apartments
32-34 Spruce Pl, Minneapolis, MN 55403 -
Total Monthly Price Total Monthly Price New1 BED$837Base Rent$820Required Monthly Fees$17Total Monthly Price$8372012 Garfield | Origen Living
2012 Garfield Ave, Minneapolis, MN 55405 -
Total Monthly Price Total Monthly Price NewSTUDIO$875+1 BED$1,025+Base Rent$825 - $1,195Utilities & EssentialsVariesTotal Monthly Price$875 - $1,195Lowry Hill Apartments
1770 Hennepin Ave, Minneapolis, MN 55403 -
Exceptional ValuePlus FeesSTUDIO$825+2 BEDS$1,400+The Parkway Apartments
1501 Lasalle Ave, Minneapolis, MN 55403 -
|Plus Fees - 1 Month LeaseSTUDIO$835+1 BED$925+Best Apartments
2006-2008 Park Ave, Minneapolis, MN 55404 -
Good Value -
Exceptional Value| -
Plus Fees - 12 Month LeaseSTUDIO$850+1 BED$1,085+Hawthorne Gates
1205 Hawthorne Ave, Minneapolis, MN 55403 -
Plus Fees - 12 Month LeaseSTUDIO$850+1 BED$1,075+2 BEDS$1,575+3 BEDS$1,800+Blue Goose Cooperative
1819 5th St S, Minneapolis, MN 55454 -
Total Monthly Price Total Monthly Price NewSTUDIO$875+1 BED$1,160+Base Rent$860 - $1,145Required Monthly Fees$15Utilities & EssentialsVariesTotal Monthly Price$875 - $1,160- 12 Month Lease225–233 Oak Grove – Oak Grove Downtown
233 Oak Grove St, Minneapolis, MN 55403 -
Total Monthly Price Total Monthly Price NewSTUDIO$875Base Rent$860 - $865Required Monthly Fees$15Utilities & EssentialsVariesTotal Monthly Price$875 - $880- 12 Month LeaseOak Grove Downtown
116 Oak Grove St, Minneapolis, MN 55403 -
Total Monthly Price Total Monthly Price NewSTUDIO$875Base Rent$875Utilities & EssentialsVariesTotal Monthly Price$875- 12 Month LeaseLoring Grove Apartments
125 Oak Grove St, Minneapolis, MN 55403 -
-
Total Monthly Price Total Monthly Price NewSTUDIO$1,425+1 BED$1,495+2 BEDS$970+3 BEDS$1,100+Base Rent$885 - $1,980Required Monthly Fees$50Total Monthly Price$935 - $2,030- 11 Month LeaseThe Bridges Dinkytown
930 University Ave SE, Minneapolis, MN 55414 -
Exceptional Value| -
Good ValueTotal Monthly Price Total Monthly Price NewSTUDIO$945Base Rent$895Required Monthly Fees$50Total Monthly Price$945- 12 Month LeaseThe Villa Apartments
1111 S 7th St, Minneapolis, MN 55415 -
-
-
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 FeesSTUDIO$899+1 BED$1,200+The Buckingham Apartments
1500 LaSalle Ave, Minneapolis, MN 55403
Showing 42 of 313 results, Page 1 of 8
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 313 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
- Hawthorne 695 Sq Ft $1,125/mo
- Powderhorn Park 645 Sq Ft $1,189/mo
- Stevens Square 576 Sq Ft $1,194/mo
- Willow Park 733 Sq Ft $1,201/mo
- Lyndale 569 Sq Ft $1,202/mo
- Whittier 583 Sq Ft $1,203/mo
- Ventura Village 620 Sq Ft $1,205/mo
- Near North 680 Sq Ft $1,220/mo
- Longfellow 552 Sq Ft $1,239/mo
- Jordan 701 Sq Ft $1,247/mo
Discover the cheapest neighborhoods in Minneapolis
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Select Bedrooms
Specialty Housing
tooltips
Submitting Request
Thank You
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.
Price Drop
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.
Rent Specials
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.