Apartments for Rent in Minnesota under $500
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Ask for pricingIncome restricted4.5 (3)1593 Hartwell Drive, Carver, MN 55315Pet friendly • Fitness center • Dishwasher
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Studio $475Base rent4.0 (10)1805 20Th St S, Moorhead, MN 56560Apply online • Pet friendly
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Studio $175+Base rent4.0 (8)154 East Broadway, Monticello, MN 55362Apply online
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4 units available1 bd $495+Base rent5.0 (4)1210 19 1/2 Street South, Moorhead, MN 56560Apply online • Pet friendly -
2 bd $412+Base rent Income restricted3.5 (17)1144 Barclay Street, St. Paul, MN 55106-3538Apply online • Pet friendly • In unit laundry
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Ask for pricingIncome restricted4.5 (3)1593 Hartwell Drive, Carver, MN 55315Pet friendly • Fitness center • Dishwasher
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2 bd $475+Base rent Income restricted4.5 (1)375 Lake View Drive, Woodbury, MN 55129Pet friendly • In unit laundry • Air conditioner
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1 bd $488Base rent Income restricted919 Third Street, International Falls, MN 56649Pet friendly • Fitness center • In unit laundry
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2 bd $395+3 bd $455+Base rent1601 15Th Street SE, Willmar, MN 56201Fitness center • Dishwasher
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Studio $150+Base rent2510 20Th Ave South, Moorhead, MN 56560Pet friendly -
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Studio $245Base rent13404 Wentworth Ave Burnsville, MN 55337, Burnsville, MN 55337Pet friendly -
2 bd $340Base rent3.5 (1)204 14Th Street South, Moorhead, MN 56560Pet friendly
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Frequently asked questions
When were prices and availability in Minnesota last updated?
Prices and availability in Minnesota were last updated on 21 Jul 2026.
What are the best apartments in Minnesota?
The best apartments in Minnesota are: Durham, Churchill, Lake Jonathan Flats, The Park Apartments and Terra Pointe Apartments.
What type of rental buildings are in Minnesota?
In Minnesota 28% of the housing is rented out compared to 72% of homes are owned, according to the most recent Census Bureau estimates. 28% of Minnesota's apartments are found in large buildings of 50 units or more, 53% are located in smaller apartment complexes with less than 50 units, and 17% are single-family rentals.
Search for apartments in Minnesota under $500
There’s more than one way to spend $500 on rent in Minnesota, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $500 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.
The perfect $500 rental near you
Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Minnesota. Customize your search by using more RentCafe filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 11 apartments for rent below $500 in Minnesota for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.