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 • In unit laundry
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Only 2 units leftStudio $175+Base rent4.0 (9)154 East Broadway, Monticello, MN 55362Apply online
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Only 3 units left1 bd $500+Base rent12951 Girard Ave S, Burnsville, MN 55337Apply online • Pet friendly
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2 bd $475+Base rent Income restricted4.5 (1)375 Lake View Drive, Woodbury, MN 55129Pet friendly • Air conditioner • Laundry Facilities
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3 bd $20+Base rent4.5 (10)708 66Th Avenue N, Brooklyn Center, MN 55430Pet friendly
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Ask for pricingIncome restricted4.5 (3)1593 Hartwell Drive, Carver, MN 55315Pet 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 $245Base rent13404 Wentworth Ave Burnsville, MN 55337, Burnsville, MN 55337Pet friendly
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Studio $150+Base rent2510 20Th Ave South, Moorhead, MN 56560Pet friendly
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Studio $25Base rent4513 Bryant Avenue South, Minneapolis, MN 55419Pet friendly
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Studio $40Base rent4.5 (1)1006 17Th Street South, Moorhead, MN 56560Pet friendly
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1 bd $430Base rent1950 Prospect Drive Northeast, St. Cloud, MN 56304In unit laundry • Dishwasher • Air conditioner
- 11-0-state
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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 7 Nov 2026.
What are the best apartments in Minnesota?
The best apartments in Minnesota are: Cinnamon Ridge Apartments, The Mason, Custom House, AIRE MSP Apartments and Audenn 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.
Renting apartments in Minnesota under $500
Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RentCafe offers you 14 apartments for rent in Minnesota from 11 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $500, and make the most out of your budget.
Finding the best rental near you
Minnesota is an amazing place to call home, with several rentals under $500 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $150 in Minnesota, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RentCafe.