Apartments Under $700 in Minneapolis, MN

This month, the typical cost to rent a one-bedroom apartment in Minneapolis stands at $1,300, with the majority falling between $900 and $2,100. Out of the 10,545 one-bedroom apartments currently on the market in Minneapolis, 178 are priced below $700, accounting for 2% of the total available one-bedroom units in Minneapolis.

The chart above displays the number of available apartments in Minneapolis, MN and surrounding cities with rental prices under $700. As of February 2026, the chart showcases the inventory of affordable apartments in Minneapolis as well as the surrounding cities, such as Woodbury, Woodland, Minnetonka, Minnetonka Beach, Arden Hills, Minnetrista, St Marys Point, Dellwood, Burnsville, St Michael, St Paul, St Paul Park, Fridley, Tonka Bay, Wyoming, City of Scandia, Gem Lake, Hopkins, Savage, Lilydale, Hugo, Eagan, Lino Lakes, Mound, Carver, Mounds View, Shakopee, East Bethel, Little Canada, Plymouth, Independence, Golden Valley, Vadnais Heights, Inver Grove Heights, Centerville, Champlin, Eden Prairie, Chanhassen, Long Lake, Bayport, Chaska, Shoreview, Edina, Victoria, Prior Lake, New Brighton, Circle Pines, New Hope, Waconia, Elk River, New Market, Grant, Ramsey, Elko, Jordan, Newport, Greenfield, Mahtomedi, South St Paul, Greenwood, Richfield, Maple Grove, Watertown, Spring Park, Cologne, Columbia Heights, Columbus, Maple Plain, Birchwood, North Oaks, North St Paul, Ham Lake, Maplewood, Wayzata, Excelsior, Robbinsdale, Blaine, Coon Rapids, Corcoran, Rockford, Hanover, Oak Grove, Falcon Heights, Bloomington, Oak Park Heights, Rogers, West St Paul, Cottage Grove, Oakdale, Stillwater, Farmington, Hastings, Afton, Lake Elmo, White Bear Lake, Rosemount, Roseville, Crystal, Orono, Medicine Lake, Medina, Albertville, Lake St Croix Beach, Sunfish Lake, Mendota Heights, Osseo, Lakeland, Brooklyn Center, Lakeland Shores, Brooklyn Park, Otsego, Forest Lake, Lakeville, Dayton, St Anthony, St Bonifacius, Deephaven, Andover, St Francis, Anoka, Lauderdale, Apple Valley, Delano, Hudson, Prescott, North Hudson, St Louis Park, Hamel, and Spring Lake Park. The data reflects the total inventory of apartments under $700 in the entire Minneapolis metro area, providing prospective renters with an overview of their options within this price range.

City	Apartments Under $700 in February	M/M % Change
Minneapolis, MN	45	+0.97%
St Paul, MN	16	+0.99%
St Louis Park, MN	3	+0.94%
Minnetonka, MN	3	+1.05%
New Hope, MN	3	+0.64%
Edina, MN	2	+1.0%
Bloomington, MN	2	+1.08%
Cottage Grove, MN	2	+1.0%
White Bear Lake, MN	2	+1.0%
Brooklyn Park, MN	2	+1.0%

Available apartments under $700	1,081
Top amenities	Fitness Center, Cable Ready, Elevator, Secured Entry, Pet Friendly Community
Deals	39
Pet friendly	170
Utilities included	95
Furnished	35
Studio	79
1 Bedroom	95
2 Bedroom	69
Square footage	150 - 1,270