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2120 Garfield Apartments
(952) 479-5454
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Como Court
(952) 522-2486
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Yorkshire Apartments | Studio & 1 Bedroom Apartments
(612) 642-2749
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225 Place Apartments
(612) 294-8346
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2435 Pillsbury Apartments
(612) 642-2638
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Uptown Square Apartments
(763) 452-9690
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3415 Nicollet Apartments
(612) 345-9497
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The Minneapolis 220
(763) 363-5735
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City Place Lofts
(612) 502-2312
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2017 Pillsbury Apartments
(651) 504-0696
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3325 Nicollet Apartments
(952) 856-3315
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3533 2nd Ave Apartments
(651) 504-0579
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3419 Nicollet Apartments
(612) 294-0589
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2421 Pillsbury Apartments
(612) 429-4384
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Timber and Tie Apartments
(612) 249-8903
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Stevens Community In The Village
(612) 870-8010
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1313 Como Ave Se
(612) 623-4488
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Buri Manor
(612) 230-8030
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East Town Apartments
(715) 226-3194
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600 W Franklin Ave
(763) 363-1819
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The Fremont
(612) 872-7074
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318 8th Avenue Se
(702) 475-5126
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700 on Washington
(218) 282-2036
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Pine Cliff
(612) 314-4388
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817 12th Ave Se
(612) 623-4488
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25 E 25th St
(763) 363-1819
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2809 Pleasant Ave S
(763) 363-1819
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1817 2nd Ave S
(763) 363-1819
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2431 Blaisdell Ave S
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Cheap Apartments in Minneapolis, MN

1 of 302 Results
13
$750 - 925
Lakesbury Apartments
Deal
127 W Lake St Minneapolis, MN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Dishwasher
Lyndale
16
$905
2120 Garfield Apartments
2120 Garfield Ave Minneapolis, MN
Studio | Available Now
Contact
Cat Friendly
Surface Parking
Dishwasher
Lowry Hill East
24
$999
Como Court
2.6
1005 15th St Se & 1405-1409 Como Ave Se Minneapolis, MN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
22
$875 - 995
Yorkshire Apartments | Studio & 1 Bedroom Apartments
Deal
3125 Holmes Ave Minneapolis, MN
Studio - 1 BR | Available Now
Contact
Virtual Tour
Disability Access
Dishwasher
Uptown Minneapolis Apartments
40
$799 - 929
225 Place Apartments
5.0
225 W 15th St. Minneapolis, MN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Loring Park
27
$935 - 995
2435 Pillsbury Apartments
Deal
2435 Pillsbury Ave Minneapolis, MN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
11
$899 - 1,189
Uptown Square Apartments
Deal
3.4
2908 Bryant Ave Minneapolis, MN
Studio - 1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Surface Parking
Storage
Dishwasher
28
$820 - 865
3415 Nicollet Apartments
Deal
3415 Nicollet Ave Minneapolis, MN
Studio | Available Now
Contact
Cat Friendly
Virtual Tour
Dishwasher
Lyndale
72
$870 - 1,000
The Minneapolis 220
Deal
2611 Pleasant Avenue S, #201 Minneapolis, MN
Studio - 1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
37
$933
City Place Lofts
Deal
730 Hennepin Ave Minneapolis, MN
Studio | Apr. 30, 2023
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Fitness Center
Dishwasher
16
$915 - 1,000
2017 Pillsbury Apartments
Deal
2017 Pillsbury Ave Minneapolis, MN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Disability Access
Dishwasher
16
$875
3325 Nicollet Apartments
Deal
3325 Nicollet Ave Minneapolis, MN
Studio | Available Now
Contact
Cat Friendly
Virtual Tour
Surface Parking
Disability Access
Dishwasher
18
$775 - 860
3533 2nd Ave Apartments
Deal
3533 2Nd Ave Minneapolis, MN
1 BR | Apr. 1, 2023
Contact
Surface Parking
Disability Access
Dishwasher
29
$805 - 835
3419 Nicollet Apartments
Deal
3419 Nicollet Ave Minneapolis, MN
Studio | Available Now
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Cat Friendly
Virtual Tour
Dishwasher
Lyndale
29
$930 - 965
2421 Pillsbury Apartments
Deal
2421 Pillsbury Ave Minneapolis, MN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
66
3D Tour
$999
Timber and Tie Apartments
900 14Th Avenue NE Minneapolis, MN
Studio | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
21
$800 - 1,500
Stevens Community In The Village
Deal
4.6
128 E 18th St Minneapolis, MN
Studio - 2 BR | Ask for Availability
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Heat Included
Dog Friendly
Cat Friendly
Student
Balcony, Deck, Patio
8
$1,000
1313 Como Ave Se
Minneapolis, MN
Studio | Available Now
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Heat Included
Cat Friendly
Student
Air Conditioning
Balcony, Deck, Patio
17
$476 - 697
Buri Manor
4.0
1515 Chicago Avenue S. Minneapolis, MN
Studio | Available Now
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Income Restricted
Elliot Park
82
$814
East Town Apartments
618 S 9Th Avenue Minneapolis, MN
Studio | Apr. 30, 2023
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Dog Friendly
Cat Friendly
Income Restricted
Air Conditioning
Fitness Center
18
$979
600 W Franklin Ave
Deal
4.0
Minneapolis, MN
1 BR | Available Now
Contact
Heat Included
Cat Friendly
Storage
Loring Park
19
$985
The Fremont
Deal
2825 Fremont Avenue S Minneapolis, MN
Studio | Jun. 1, 2023
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Uptown Minneapolis Apartments
12
$925
318 8th Avenue Se
Minneapolis, MN
Studio | Sep. 1, 2023
Contact
Heat Included
Cat Friendly
Student
Surface Parking
Dishwasher
49
$949
PER
ROOM
700 on Washington
3.8
716 Washington Ave Se Minneapolis, MN
2 BR | Available Now
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Furnished
Student
Covered Parking
In Unit Laundry
Fitness Center
5
$897
Pine Cliff
3.0
501 E 19Th St Minneapolis, MN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Stevens Square
11
$1,000
817 12th Ave Se
Minneapolis, MN
Studio | Available Now
Contact
Heat Included
Cat Friendly
Student
Air Conditioning
Dishwasher
13
$859
25 E 25th St
Deal
Minneapolis, MN
Studio | Available Now
Contact
Heat Included
Cat Friendly
10
$979
2809 Pleasant Ave S
Minneapolis, MN
1 BR | Available Now
Contact
Heat Included
Cat Friendly
Air Conditioning
Lowry Hill East
8
$819 - 949
1817 2nd Ave S
Deal
Minneapolis, MN
Studio - 1 BR | Available Now
Contact
Heat Included
Cat Friendly
Stevens Square
11
$909
2431 Blaisdell Ave S
Deal
Minneapolis, MN
1 BR | Available Now
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Heat Included
Cat Friendly
Storage
Stevens Square
1 - 30 of 302 Results
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  2. Minneapolis
  3. Cheap Apartments

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

Minneapolis Apartments
Bed Type Average Rent Range
Studio $1,060 $730 - $1,560
1BR $1,260 $900 - $1,880
2BR $1,600 $1,100 - $3,020
3BR $1,950 $1,300 - $3,540
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 42,869 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 $1,060 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 $42,000 to live comfortably.

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

Rentable.co has 302 cheap apartments available for rent in Minneapolis.

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

The average rent for a cheap apartment in Minneapolis is around $350 per month.

Which neighborhoods have the most cheap apartments for rent in Minneapolis, MN?

  1. Lowry Hill East
  2. Dinkytown
  3. Uptown Minneapolis Apartments
  4. West Calhoun
  5. Loring Park

Asset 2
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Apartments by Affordability
Cheap Apartments
Apartments Under $500
Apartments Under $600
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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.