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Cheap Apartments for Rent in Minneapolis, MN - 275 Rentals available

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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
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    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.

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