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Apartments for Rent in Minneapolis, MN under $700 – 15 Rentals available

  • Apartment
    3503 2Nd Ave. South, Minneapolis, MN 55408
    $1 - $2,073
    • Studio-3 Beds
    • 1 Baths
    Available Today!
    (612) 315-0634
  • Apartment
    1401 6Th Street SE, Minneapolis, MN 55414
    $650 - $790
    • 1-4 Beds
    • 1-2 Baths
    (612) 331-3375
  • Apartment
    3001 SE 4Th Street, Minneapolis, MN 55414
    $484 - $1,800
    • 1-3 Beds
    • 1-2 Baths
    (612) 465-0854
  • Apartment
    2300 Aldrich Ave S, Minneapolis, MN 55405
    $700 - $1,095
    • Studio-2 Beds
    • 1 Bath
    Available Today!
    (612) 377-4479
  • Apartment
    5360 Riverview Road, Minneapolis, MN 55417
    $573
    • 1 Bed
    • 1 Bath
    (612) 843-5885
  • Apartment
    Hennepin, Minneapolis, MN 55404
    $697 - $1,350
    • 1-2 Beds
    • 1 Bath
    (612) 284-1379
  • Apartment
    1928 Portland Avenue South, Minneapolis, MN 55404
    $655 - $1,751
    • Studio-3 Beds
    • 1-2 Baths
    Available Today!
    (612) 314-4388
  • Affordable
    2323 26Th Avenue, Minneapolis, MN 55411
    $400 - $850
    • Studio-2 Beds
    • 1 Bath
    (612) 588-4663
  • Affordable
    6210 Bloomington Road, Fort Snelling, MN 55111
    $617
    • Studio-3 Beds
    • 1 Bath
    (612) 238-0088
  • Apartment
    1132 South 8Th Street, Minneapolis, MN 55404
    $470 - $674
    • Studio-1 Bed
    • 1 Bath
    (612) 371-0401
  • Apartment
    66 South 12Th Street, Minneapolis, MN 55403
    $664
    • Studio
    • 1 Baths
    (612) 339-4557

Popular Searches

Minneapolis, MN Demographics

  • Total Population411,452
  • Female 208,322
    Male 203,130
  • Median Age32.1

Average Rent in Minneapolis, MN

  • Minneapolis, MN Average Rental Price, May 2019$1,457/mo

Minneapolis, MN Apartment Rent Ranges

  • $501-$7002%
  • $701-$1,00024%
  • $1,001-$1,50037%
  • $1,501-$2,00023%
  • > $2,00014%

Minneapolis, MN Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 May / 2019
Minneapolis, MN $1,290 $1,315 $1,334 $1,355 $1,383 $1,390 $1,420 $1,425 $1,457
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
/

Average rent is projected to grow by 4% in 2018 compared to 2017.

Please note that projected rent growth is calculated at city level.

Average rent values on this page are aggregated from data from the following zip codes: 551115540155402554035540455405554065540755408554095541055411554125541355414554155541655417554185541955422554235542955430554505545455455

Check out the average rent prices in Minneapolis by neighborhood.

Minneapolis, MN Households

  • Total Number of Households172,082
  • Family 76,555
    Non-family 95,527
  • Children 39,906
    No Children 132,176
  • Average People Per Household2.29
  • Median Household Income$55,720
  • Median Housing Costs Per Month$1,103

Minneapolis, MN Education Statistics

  • No High School5%
  • Some High School23%
  • Some College21%
  • Associate Degree7%
  • Bachelor Degree28%
  • Graduate Degree16%

Renting apartments in Minneapolis, MN under $700

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. RENTCafé offers you 14 apartments for rent in Minneapolis, MN from 10 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 $700, and make the most out of your budget.

Finding the best rental near you

Minneapolis, MN is an amazing place to call home, with several rentals under $700 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 $400 in Minneapolis, MN, 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 RENTCafé.

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