Cheap Apartments in Minneapolis, MN

1 - 30 of 301 Results
23
$890
424 W 24th St Minneapolis, MN
1 BR | Jun. 6, 2026
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Dog Friendly
Cat Friendly
Virtual Tour
Surface Parking
Lowry Hill East
22
$915
2885 James Ave S Minneapolis, MN
1 BR | Aug. 1, 2026
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Dog Friendly
Cat Friendly
Virtual Tour
Covered Parking
Surface Parking
15
$999
2220 E Lake St Minneapolis, MN
1 BR | Available Now
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Air Conditioning
Surface Parking
Fitness Center
Disability Access
Dishwasher
26
$995
2435 Pillsbury Ave S Minneapolis, MN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Disability Access
14
$1,025
4052 Minnehaha Ave Minneapolis, MN
1 BR | Jun. 6, 2026
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
10
$773 - 851
127 W Lake St Minneapolis, MN
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Balcony/Deck/Patio
Lyndale
48
$1,040
730 Hennepin Ave Minneapolis, MN
Studio | Available Now
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Heat Included
Income Restricted
Air Conditioning
In Unit Laundry
Fitness Center
60
3D Tour
$495 - 895
Deal
4.2
1401 6Th St Minneapolis, MN
2 - 4 BR | Sep. 1, 2026
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Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
132
$835 - 1,020
200 15Th St Minneapolis, MN
Studio - 1 BR | Available Now
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Surface Parking
Fireplace
Loring Park
36
$1,015 - 1,025
2825 Fremont Avenue S Minneapolis, MN
Studio | May. 22, 2026
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Luxury
Air Conditioning
Covered Parking
Fitness Center
Uptown Minneapolis Apartments
40
$949
225 W 15th St. Minneapolis, MN
Studio | Available Now
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Heat Included
Luxury
Surface Parking
Loring Park
64
$1,025 - 1,075
900 14th Ave NE Minneapolis, MN
Studio | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Fitness Center
Dishwasher
55
$1,045 - 1,050
756 N 4th St Minneapolis, MN
Studio | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
North Loop
34
$1,029
1005 15th St Se & 1405-1409 Como Ave Se Minneapolis, MN
Studio | Jul. 1, 2026
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Heat Included
Air Conditioning
Surface Parking
Storage
Dinkytown
22
$760 - 1,025
PER
ROOM
616 Washington Ave SE Minneapolis, MN
Studio - 2 BR | Aug. 23, 2026
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Furnished
Student
Virtual Tour
Luxury
Air Conditioning
25
$600 - 900
711 4th St SE Minneapolis, MN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Storage
Marcy-Holmes
16
$960
2017 Pillsbury Ave Minneapolis, MN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Disability Access
24
$975 - 985
Minneapolis, MN
1 BR | May. 14, 2026
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Dog Friendly
Cat Friendly
Lowry Hill East
76
$925 - 1,020
1414 S 3rd St Minneapolis, MN
Studio | Available Now
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Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Storage
6
$1,005
Minneapolis, MN
Studio | Jul. 1, 2026
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Cat Friendly
Storage
Disability Access
Lowry Hill
13
$900 - 965
Minneapolis, MN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Lowry Hill East
29
$810 - 1,050
813 University Ave SE Minneapolis, MN
Studio - 1 BR | Jun. 1, 2026
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Dog Friendly
Cat Friendly
Marcy-Holmes
16
$755
214 Oak Grove St Minneapolis, MN
Studio | Available Now
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Dog Friendly
Cat Friendly
Storage
Loring Park
5
$835 - 1,025
2800 Colfax Ave S Minneapolis, MN
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
36
$640 - 979
1400 Portland Ave Minneapolis, MN
Studio - 1 BR | Available Now
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Heat Included
Income Restricted
Air Conditioning
Elliot Park
9
$975 - 1,025
Minneapolis, MN
1 BR | Available Now
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Cat Friendly
Storage
Lowry Hill East
5
$1,015
2101 E River Ter Minneapolis, MN
Studio | Jul. 1, 2026
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
28
$1,049
Uptown Square Apartments 2908 Bryant Ave S Minneapolis, MN
Studio | Jul. 1, 2026
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Cat Friendly
Disability Access
Lowry Hill East
46
$850 - 950
305-315 W Franklin Ave Minneapolis, MN
Studio - 1 BR | Available Now
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Heat Included
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
8
$652 - 881
727 S 5th Ave Minneapolis, MN
Studio | Available Now
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Heat Included
Fitness Center
Elliot Park
1 - 30 of 301 Results
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Cheap Apartments in Minneapolis, MN: May Rental Information

Welcome to the May 2026 Minneapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Minneapolis rental landscape.

Our experts analyze the inventory trends for cheap apartments in Minneapolis— overall market rent-distribution, availability by bedroom count, and month-over-month comparisons. In addition, this report provides insights into available features and amenities, as well as location options for affordable apartments in Minneapolis. Whether you're a student, young professional, or just looking for a budget-friendly place to call home, this report will help you navigate the rental market and find the best options for your needs and preferences.
0 30 60 90 120 <$900 $940 $1,020 $1,100 $1,180 $1,260 $1,340 $1,420 $1,500 $1,580 $1,660 $1,740 $1,820 $1,900 $1,980 $2,060 $2,140 >$2,220
This month, the typical cost to rent a one-bedroom apartment in Minneapolis stands at $1,300, with the majority falling between $910 and $2,220. Out of the 10,781 one-bedroom apartments currently on the market in Minneapolis, 17 are priced below $400, accounting for 0% of the total available one-bedroom units in Minneapolis.

Available Cheap Apartments: Minneapolis vs. Surrounding Areas

St Paul, MN
Minneapolis, MN
St Louis Park, MN
New Hope, MN
Minnetonka, MN
Bloomington, MN
23
17
4
3
3
3
The chart above displays the current availability of cheap apartments in Minneapolis, MN and the surrounding cities. These numbers were recorded in May 2026. In addition to Minneapolis, the chart includes data for 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 total inventory of available cheap apartments in the Minneapolis, MN metro area is 79. This information can be used as a reference for prospective renters looking for affordable housing options in the Minneapolis, MN metro area.

Cheap Apartments Now vs. Last Month: Minneapolis and Surrounding Areas

City Cheap Apartments in May M/M % Change
St Paul, MN 23 +0.79%
Minneapolis, MN 17 +0.96%
St Louis Park, MN 4 +0.96%
New Hope, MN 4 +1.05%
Minnetonka, MN 3 +1.0%
Bloomington, MN 3 +0.88%
Edina, MN 2 +1.0%
Cottage Grove, MN 2 +1.0%
Brooklyn Park, MN 2 +1.0%
Eden Prairie, MN 1 +1.0%

Looking for Cheap Apartments in Minneapolis?

Available cheap apartments 702
Top amenities Fitness Center, Cable Ready, Elevator, Secured Entry, Pet Friendly Community
Deals 34
Pet friendly 151
Utilities included 30
Furnished 23
1 Bedroom 102
2 Bedroom 75
3 Bedroom 13
Square footage 465 - 1,440

Where are Cheap Minneapolis Apartments?

Top Neighborhoods Carag, Lowry hill east, Stadium village, Uptown minneapolis apartments, Stevens square
Carag 3
Lowry Hill East 2
Stadium Village 1
Uptown Minneapolis Apartments 1
Stevens Square 1