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Apartments for Rent in Minneapolis, MN under $700


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  • Rent specials
    3 bd $675
    4 bd $595
    Base rent
    Verified Listing

    Bierman Place

    3.0 (1)
    1401 6Th Street SE, Minneapolis, MN 55414
    Parking • Fitness center • Air conditioner
  • Only 2 units left
    Studio $673+
    Base rent Income restricted
    1255 Queen Ave N, Minneapolis, MN 55411
    Apply online • Air conditioner • Large Closets
  • Studio $634
    Base rent Income restricted
    Verified Listing

    Lasalle Commons

    4.0 (6)
    1517 Lasalle Ave S, Minneapolis, MN 55403
    Pet friendly • Laundry Facilities
  • Only 1 unit left
    Studio $512
    Base rent Income restricted
    611 E Franklin Ave, Minneapolis, MN 55404
    Apply online • Parking • Dishwasher
  • Studio $503+
    Base rent Income restricted
    4.5 (20)
    5511 Minnehaha Ave South, Minneapolis, MN 55417
    Cat friendly • Laundry Facilities • Public Transportation
  • Studio $575+
    Base rent Income restricted
    3.5 (16)
    1400 Portland Ave S, Minneapolis, MN 55404
    Cat friendly • Large Closets • Laundry Facilities
  • Studio $502+
    Base rent Income restricted
    Verified Listing

    Veterans East

    4.0 (5)
    5019 East 54Th Street, Minneapolis, MN 55417
    Air conditioner • Laundry Facilities
  • Ask for pricing
    Verified Listing

    Kingsley Commons

    4550 Humboldt Avenue North, Minneapolis, MN 55412
    Pet friendly
  • Studio $25
    Base rent
    4513 Bryant Avenue South, Minneapolis, MN 55419
    Pet friendly
  • Ask for pricing
    Income restricted
    Verified Listing

    Gateway Lofts

    2623 W. Broadway Ave, Minneapolis, MN 55411
    Pet friendly • Air conditioner • Laundry Facilities
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    Pike Lake Marsh

    4.5 (17)
    4489 Marsh Drive NE, Prior Lake, MN 55372
    Pet friendly • Fitness center • Patio/Balcony
  • 1 bd $651+
    Base rent Income restricted
    Verified Listing

    Treehouse

    2319 Highland Way, St. Paul, MN 55116-2813
    Cat friendly • Fitness center • Air conditioner
  • 1 bd $633+
    Base rent Income restricted
    Verified Listing

    Norwood Square

    6200 5Th St. NE, Fridley, MN 55432
    Pet friendly • Air conditioner • Laundry Facilities
  • Only 2 units left
    Studio $652+
    Base rent Income restricted
    Verified Listing

    Stryker Senior Housing

    617 S. Stryker Ave., St. Paul, MN 55107
    Apply online • Dishwasher • Patio/Balcony
  • Ask for pricing
    Verified Listing

    Skyline Tower

    1247 St. Anthony Avenue, St. Paul, MN 55104
    Laundry Facilities
  • Studio $695
    1 bd $590
    Base rent Income restricted
    Verified Listing

    Selby Milton Victoria

    852 Selby Avenue, St. Paul, MN 55104
    Laundry Facilities
  • Studio $695
    Base rent Income restricted
    Verified Listing

    Little Mod

    5.0 (1)
    796/798 Stewart Ave, Saint Paul, MN 55102
    Pet friendly • In unit laundry • Dishwasher
  • Ask for Pricing
    Income restricted
    11333 Fairfield Road, Minnetonka, MN 55305
    Pet friendly • Air conditioner • Laundry Facilities
  • Ask for pricing
    Verified Listing

    Oak Hill Manor

    4.5 (2)
    820 Civic Hts. Drive, Circle Pines, MN 55014
    Laundry Facilities
  • 1 bd $680
    Base rent
    1649 N Fernwood St, Saint Paul, MN 55108
    In unit laundry • Air conditioner • Wheelchair Access
  • 11-10-city

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Frequently asked questions

When were prices and availability in Minneapolis, MN last updated?

Prices and availability in Minneapolis, MN were last updated on 7 Nov 2026.

What are the best apartments in Minneapolis, MN?
What type of rental buildings are in Minneapolis, MN?

In Minneapolis, 52% of the residents are renting compared to 48% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 36% of Minneapolis's rentals, 54% are small-scale complexes with under 50 units, and 9% are single-family rentals.

Apartments in Minneapolis, MN under $700

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $700?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 40 apartments for rent in Minneapolis, MN on which you’ll spend less than $700. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $700

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $700. The average rental size in Minneapolis, MN is 784 Sqft, but the $700 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.