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225 Place Apartments
(612) 294-8346
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3533 2nd Ave Apartments
(651) 504-0579
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Lakesbury Apartments
(612) 355-7442
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3033 Grand Avenue Apartments
(612) 642-2535
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Buri Manor
(612) 230-8030
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Sydney Hall & Dinkydome
(651) 362-5809
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Edge on Oak
(651) 362-4104
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The Bridges
(320) 441-0424
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1522 Lasalle Ave S
(763) 363-1819
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The Station on Washington
(651) 356-8053
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Stevens Community In The Village
(612) 870-8010
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Elliot Court
(612) 778-2125
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The Balmoral
(612) 338-3118
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412 Lofts
(651) 372-3061
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The Knoll
(612) 778-4399
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The Park Apartments
(651) 571-9421
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The Adams
(651) 504-6979
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2633 Pleasant Ave S
(763) 363-1819
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The Elms
(763) 496-4794
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2115 3rd Ave S
(612) 255-4696
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Brownstones
(702) 475-5126
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Spruce Place Apartments
(612) 376-9744
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East River Terrace Apartments
(612) 339-5656
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525 University Avenue Se
(612) 703-1001
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Thornton Place
(612) 339-5656
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904 21st Ave S
(612) 202-2603
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214 Oak Grove Apartments
(612) 429-7219
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2610/2618 Fremont Ave S
(612) 258-7007
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Xerxes Manor
(612) 767-7667
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2820 First Ave
(612) 871-2066 ext: 982
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Apartments Under $800 in Minneapolis, MN

1 of 81 Results
40
$799
225 Place Apartments
5.0
225 W 15th St. Minneapolis, MN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Loring Park
18
$775
3533 2nd Ave Apartments
Deal
3533 2Nd Ave Minneapolis, MN
1 BR | Apr. 1, 2023
Contact
Surface Parking
Disability Access
Dishwasher
13
$750 - 795
Lakesbury Apartments
Deal
127 W Lake St Minneapolis, MN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Dishwasher
Lyndale
32
$755
3033 Grand Avenue Apartments
Deal
3033 Grand Ave Minneapolis, MN
Studio | Available Now
Contact
Virtual Tour
Surface Parking
Balcony, Deck, Patio
Disability Access
Dishwasher
17
$476 - 697
Buri Manor
4.0
1515 Chicago Avenue S. Minneapolis, MN
Studio | Available Now
Contact
Income Restricted
Elliot Park
12
3D Tour
$550 - 699
PER
BED
Sydney Hall & Dinkydome
310 15Th Ave SE Minneapolis, MN
2 BR | Available Now
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Student
14
3D Tour
$525
PER
BED
Edge on Oak
313 Oak St Minneapolis, MN
2 BR | Available Now
Contact
Furnished
Student
Virtual Tour
In Unit Laundry
Fitness Center
27
$462 - 800
PER
ROOM
The Bridges
930 University Ave SE Minneapolis, MN
Studio - 4 BR | Available Now
Contact
Furnished
Student
Fitness Center
Dinkytown
7
$779
1522 Lasalle Ave S
Deal
Minneapolis, MN
Studio | Available Now
Contact
Heat Included
Cat Friendly
Air Conditioning
Covered Parking
10
$660 - 710
PER
ROOM
The Station on Washington
5.0
616 Washington Ave Se, , Minneapolis, MN
2 BR | Available Now
Contact
Furnished
Student
Virtual Tour
In Unit Laundry
Fitness Center
21
$800 - 900
Stevens Community In The Village
Deal
4.6
128 E 18th St Minneapolis, MN
Studio | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Student
Balcony, Deck, Patio
5
$432 - 739
Elliot Court
4.6
1132 S 8Th St Minneapolis, MN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Disability Access
Elliot Park
7
$718
The Balmoral
3.0
1005 Portland Avenue Minneapolis, MN
Studio | Available Now
Contact
Cat Friendly
Air Conditioning
Elliot Park
22
3D Tour
$525 - 679
PER
BED
412 Lofts
406 12Th Ave SE Minneapolis, MN
2 BR | Ask for Availability
Contact
Furnished
Student
Virtual Tour
In Unit Laundry
Fitness Center
18
$499 - 799
PER
ROOM
The Knoll
4.8
1101 University Ave SE Minneapolis, MN
Studio - 4 BR | Available Now
Contact
Furnished
Student
Dinkytown
62
$765 - 785
The Park Apartments
200 15Th St Minneapolis, MN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Fireplace
Loring Park
8
$577
The Adams
3.0
500 S 10Th St Minneapolis, MN
1 BR | Available Now
Contact
Air Conditioning
Elliot Park
10
$799
2633 Pleasant Ave S
Deal
Minneapolis, MN
Studio | Available Now
Contact
Heat Included
Cat Friendly
Air Conditioning
9
$577 - 679
The Elms
3.0
1401 Portland Ave S Minneapolis, MN
Studio | Available Now
Contact
Air Conditioning
Disability Access
Elliot Park
13
$799
2115 3rd Ave S
Minneapolis, MN
Studio | Available Now
Contact
Heat Included
Cat Friendly
13
$599
PER
ROOM
Brownstones
5.0
800-812 4Th St Minneapolis, MN
1 BR | Sep. 1, 2023
Contact
Heat Included
Cat Friendly
Student
Balcony, Deck, Patio
Dishwasher
16
$725
Spruce Place Apartments
1365 Spruce Place Minneapolis, MN
Studio | Available Now
Contact
Cat Friendly
Balcony, Deck, Patio
Storage
Loring Park
9
$ Ask - 1,140
East River Terrace Apartments
2101 East River Terrace Minneapolis, MN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
4
$700 - 850
525 University Avenue Se
Minneapolis, MN
Studio | Ask for Availability
Contact
Heat Included
Student
Air Conditioning
Balcony, Deck, Patio
Marcy-Holmes
6
$ Ask - 1,100
Thornton Place
810 Thornton Street Se Minneapolis, MN
1 BR | Available Now
Contact
Heat Included
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Fitness Center
6
$745 - 815
904 21st Ave S
1.0
Minneapolis, MN
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Student
Air Conditioning
21
$750
214 Oak Grove Apartments
Deal
2.7
214 Oak Grove Street Minneapolis, MN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
5
$ Ask - 999
2610/2618 Fremont Ave S
Minneapolis, MN
Studio - 1 BR | Available Now
Contact
Cat Friendly
Storage
East Isles
5
$ Ask - 985
Xerxes Manor
5625 & 5635 Xerxes Ave S Minneapolis, MN
1 BR | Available Now
Contact
Air Conditioning
Balcony, Deck, Patio
Dishwasher
Armatage
4
$700 - 800
2820 First Ave
Minneapolis, MN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Storage
Disability Access
1 - 30 of 81 Results
  1. Home
  2. Minneapolis
  3. Apartments Under $800

How much does it cost to rent an apartment in Minneapolis?

Minneapolis Apartments
Bed Type Average Rent Range
Studio $1,070 $730 - $1,550
1BR $1,260 $900 - $1,880
2BR $1,600 $1,100 - $3,010
3BR $1,950 $1,300 - $3,550
4+BR $2,720 $1,700 - $6,500
Frequently Asked Questions

How many apartments are available in Minneapolis, MN on Rentable.co?

Rentable.co has over 42,812 apartments available in Minneapolis.

What is the average rent for a studio apartment in Minneapolis, MN?

The average rent for a studio apartment in Minneapolis is around $1,070 per month.

What is the average rent for a one-bedroom apartment in Minneapolis, MN?

The average rent for a one-bedroom apartment in Minneapolis is around $1,260 per month.

What is the average rent for a two-bedroom apartment in Minneapolis, MN?

The average rent for a two-bedroom apartment in Minneapolis is around $1,600 per month.

How expensive is living in Minneapolis, MN?

Based on average rent prices in Minneapolis, to afford a studio apartment you would need an annual salary of $43,000 to live comfortably.

How many apartments under $800 are available in Minneapolis, MN on Rentable.co?

Rentable.co has 81 apartments under $800 available for rent in Minneapolis.

Which neighborhoods have the most apartments under $800 for rent in Minneapolis, MN?

  1. Loring Park
  2. Lowry Hill East
  3. Dinkytown
  4. Elliot Park
  5. Stadium Village

Asset 2
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Apartments by Affordability
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Minneapolis:
March Rent Report

Welcome to the March 2023 Minneapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2023 key findings and figures for the Minneapolis rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Minneapolis and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Minneapolis average rent prices in the chart below.

Monthly Rent Report

Minneapolis Rent Prices Decrease From February to March

Minneapolis rent prices decreased over the last month. From February to March, the city experienced a -0.55% decrease for the price of a one-bedroom apartment. The rent price for a Minneapolis one-bedroom apartments currently stands at $1,255.0.

When we take a look at the two-bedroom comparison from February to March, Minneapolis experienced a 0.53% increase for the price of a two-bedroom apartment. The rent price for a Minneapolis two-bedroom apartments currently stands at $1,701.0.

March Prices: Minneapolis vs. Surrounding Areas

Rent Prices in Minneapolis and Surrounding Areas

Rent prices have decreased in Minneapolis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the Minneapolis suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in St Paul, MN, St Louis Park, MN, Bloomington, MN, Brooklyn Park, MN, Minnetonka, MN .

  • Rent decreased in Plymouth, MN, Robbinsdale, MN.

  • 5 suburbs are currently priced higher than the city of Minneapolis.

  • 2 suburbs are currently priced lower than the city of Minneapolis.

March 2023 Pricing Trends: Minneapolis vs. National Comparisons

Minneapolis Rent Prices More Affordable Than Major Cities

Rent growth in Minneapolis over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Minneapolis average rent prices appear to be relatively affordable for local residents.

The price for a Minneapolis one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Minneapolis and surrounding area rent prices, take a look at the complete data set below.

Data set for Minneapolis and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Minneapolis, MN $1,262.0 -0.32% $1,692.0 -0.12%
St Paul, MN $1,182.0 0.08% $1,464.0 -1.28%
St Louis Park, MN $1,345.0 0.30% $1,591.0 -0.13%
Bloomington, MN $1,428.0 0.49% $1,616.0 1.19%
Plymouth, MN $1,351.0 -2.67% $1,747.0 -2.46%
Brooklyn Park, MN $1,017.0 0.99% $1,381.0 2.37%
Minnetonka, MN $1,534.0 1.12% $1,843.0 -0.65%
Robbinsdale, MN $1,395.0 0.00% $1,847.0 3.30%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.