Apartments Under $700
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1928 Portland Avenue South, Minneapolis, MN 55404$655 - $1,800
- Studio-3 Beds
- 1-2 Baths
Available Today!
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Apartments Under $800
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3608 Minnehaha Avenue, Minneapolis, MN 55406$725- Studio-1 Bed
- 1 Bath
Innovative PropertiesAvailable Today! -
3419 Nicollet Ave. S., Minneapolis, MN 55408$725 - $825
- 1-2 Beds
- 1 Bath
Available Today! -
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2641 Garfield Ave S, Minneapolis, MN 55408See current rent specials$740
- Studio-2 Beds
- 1 Bath
Available Today! -
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2121 Hennepin Ave S, Minneapolis, MN 55405See current rent specials$795 - $925
- Studio-2 Beds
- 1 Bath
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1000 W. Franklin Ave, Minneapolis, MN 55405$795 - $1,095
- Studio-2 Beds
- 1 Bath
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Apartments Under $900
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26 West 22Nd Street, Minneapolis, MN 55404See current rent specials$800
- 1 Bed
- 1 Bath
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2001 Bryant Ave S, Minneapolis, MN 55405See current rent specials$800
- Studio-2 Beds
- 1 Bath
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Apartment3014- 3020 31St Avenue South, Minneapolis, MN 55406$825
- Studio-2 Beds
- 1 Bath
Innovative Properties -
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2611 Pleasant Avenue S, #201, Minneapolis, MN 55408$834 - $1,039
- Studio-1 Bed
- 1 Bath
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6910 Humboldt Ave N., Brooklyn Center, MN 55430$835 - $1,100
- Studio-2 Beds
- 1 Bath
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Apartment3820 Macalaster Drive NE, St Anthony, MN 55421$845
- Studio-2 Beds
- 1 Bath
Steven Scott Management, Inc. -
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Apartment2324 Bryant Ave S, Minneapolis, MN 55405See current rent specials$845 - $1,090
- Studio-2 Beds
- 1 Bath
Hornig Companies
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Frequently Asked Questions
What are the cheapest apartments in Minneapolis, MN?
Many factors can influence the price of a rental, including its size and location. Depending on where you want to rent and how much space you need, prices vary. The cheapest apartments are likely to be studios—smaller apartments—located further away from major interest points in the Minneapolis, MN area.
How big is a cheap apartment in Minneapolis, MN?
“Cheap” is a relative term which does not imply that the apartment is extremely small or low-quality. There are buildings and units specifically built for affordability purposes. As such, you can find cheap apartments in any size, ranging from studio apartments, 1-bedroom, 2-bedroom, to even 3-bedroom apartments. The average size of an apartment in Minneapolis, MN is 791 sq. ft.
How much rent can I afford in Minneapolis, MN?
The recommended percentage to be spent on rent is 30% of your monthly income. To figure out how much that means, you can use RENTCafé’s rent affordability calculator to find your range for rentals in Minneapolis, MN.
How can I search for cheap apartments for rent in Minneapolis, MN?
When searching for specific types of rental apartments in Minneapolis, MN, go on RENTCafé’s search page and filter by price, size, or amenities. For cheap apartments, you can either type in a price range, or sort them automatically by selecting “cheap” under the “price category” from the “more” drop-down menu.
Renting a Cheap Apartment in Minneapolis
Find apartments for rent in Minneapolis with RENTCafe. Minneapolis, also known as the “City of Lakes,” is on the Mississippi River and the outskirts of the city are known for their natural beauty. The city’s economy is centered on commerce, banking and transport of goods. Popular recreation opportunities include golf, fishing, running, cycling and skiing. Locals cheer for the Vikings (football), Twins (baseball) and Timberwolves (basketball). The world-famous Mall of America, the biggest shopping center in the U.S., is located in a suburb of Minneapolis.
Average Rent in Minneapolis, MN
- Minneapolis, MN Average Rental Price, December 2019 $1,594 /mo
Minneapolis, MN Apartment Rent Ranges
- $501-$7001%
- $701-$1,00016%
- $1,001-$1,50036%
- $1,501-$2,00027%
- > $2,00020%
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 | Dec / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Minneapolis, MN | $1,424 | $1,449 | $1,478 | $1,487 | $1,512 | $1,557 | $1,544 | $1,554 | $1,591 | $1,590 | $1,594 |
| National | $1,354 | $1,350 | $1,382 | $1,385 | $1,388 | $1,423 | $1,431 | $1,434 | $1,469 | $1,473 | $1,474 |
Looking for a cheap apartment for rent in Minneapolis, MN? With RENTCafé, finding an affordable apartment in Minneapolis, MN has never been easier. We feature 284 low-priced rentals directly from property managers, with rents lower than the Minneapolis, MN average. What is a cheap rent in Minneapolis, MN? The average apartment rent in Minneapolis is $1,594 per month so any rental south of $1,275 would be considered cheap here. On RENTCafé, Minneapolis, MN rents go as low as $617/mo.