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Apartments for Rent in Minneapolis, MN under $700 – 10 Rentals available

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Minneapolis, MN Demographics

  • Total Population416,021
  • Female 211,095
    Male 204,926
  • Median Age32.1

Average Rent in Minneapolis, MN

  • Minneapolis, MN Average Rental Price, February 2020 $1,588 /mo

    Minneapolis, MN Apartment Rent Ranges

    • $701-$1,00016%
    • $1,001-$1,50038%
    • $1,501-$2,00026%
    • > $2,00019%

    Minneapolis, MN Rent Trends

    Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Feb / 2020
    Minneapolis, MN $1,424 $1,449 $1,478 $1,487 $1,512 $1,557 $1,544 $1,554 $1,591 $1,590 $1,588
    National $1,340 $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
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    Check out the average rent prices in Minneapolis by neighborhood.

    Minneapolis, MN Households

    • Total Number of Households173,916
    • Family 77,829
      Non-family 96,087
    • Children 40,541
      No Children 133,375
    • Average People Per Household2.29
    • Median Household Income$58,993
    • Median Housing Costs Per Month$1,155

    Minneapolis, MN Education Statistics

    • No High School5%
    • Some High School22%
    • Some College21%
    • Associate Degree7%
    • Bachelor Degree29%
    • Graduate Degree17%

    Renting apartments in Minneapolis, MN under $700

    Searching for apartments for rent in Minneapolis, MN under $700 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RENTCafé can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Minneapolis, MN, where the average rent is $648 per month, there are 10 units available for less than $700. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

    We’ll help you find the cheapest rental near you

    Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $700” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Minneapolis, MN. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Minneapolis, MN going for $590 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!