Cheap and Affordable Houses for Rent in Minneapolis, MN

266 rentals available

Updated

Minneapolis Snapshot

Frequently asked questions

How many cheaper, more affordable Rental Houses are available in Minneapolis, MN?

There are currently 266 cheaper houses available for rent.

What does "Cheap" mean for rental homes in Minneapolis, MN?

Cheap is a relative term to communicate more "affordable" rental and living expenses. Although a rental property might be found within the "Cheap and Affordable Houses" search, does not mean it is a low-quality rental. These more affordable single family homes are also relative to the other rental home inventory within Minneapolis. Some areas will be cheaper than others and based on demand, rent will fluctuate.

How to search for Cheap and Affordable Houses in Minneapolis, MN?

When searching on HotPads for more affordable houses, use the "Sort:" feature to sort single family homes by Lowest Price for Minneapolis. Additionally, set a max price for your search and select "Save search" to be notified in real-time when "cheaper" houses come on the market.

What are some additional tips for securing a "cheaper" rental home?

Single family homeowners or property managers can be easier to negotiate rental terms with than larger multi-tenant buildings. Here are a couple things that you can discuss to potentially drop monthly rental costs:

  • Offer to sign a longer lease for lowered monthly rent
  • Negotiate landscaping or property maintenance for lowered monthly rent
  • Educate yourself regarding the housing rental market and market rates in Minneapolis. Knowing this will help you accurately negotiate fair rent.

About Minneapolis

Area Information

One-half of the Twin Cities (the other being St. Paul), Minneapolis offers an intriguing combination of natural beauty and a vibrant urban environment. The largest city in Minnesota, Minneapolis is situated on both banks of the Mississippi River. It boasts 20 lakes and wetlands, as well as 200 miles of hiking, biking and cross-country skiing trails within city limits.

When you rent an apartment in Minneapolis, you can enjoy the Grand Rounds Scenic Byway, which connects seven city districts through linked park areas and about 50 miles of roadways.

South of Downtown, Uptown attracts renters seeking a vibrant lifestyle. This urban neighborhood offers one-of-a-kind shopping, diverse dining and music venues. Uptown is also just steps from the Chain of Lakes Regional Park, which includes Lake Calhoun, a popular site for windsurfing, swimming, sailing and canoeing.

In addition to its historic districts, Minneapolis also offers renters stunning modern architecture. The Frederick R. Weisman Art Museum, which features collections from 20th-century American artists, including Georgia O'Keefe, is housed in a striking stainless-steel building designed by renowned architect Frank Gehry. In the historic Mill District, the Jean Nouvel-designed Guthrie Theater is a bold blue structure that houses three theaters and 11 bars.

The city's light rail system eases the burden for commuters and connects those renting an apartment in Minneapolis to the Minneapolis-St. Paul International Airport, the University of Minnesota, and the Mall of America, which is 10 miles south in Bloomington.



Renting in Minneapolis, MN

When looking to rent an apartment in Minneapolis, expect competition. The inventory can be low, which can cause a moderate increase in rent prices.

Minneapolis Professional Sports TeamsMinneapolis Vikings ? National Football League team.Minnesota Timberwolves ? National Basketball Association team.Minnesota Wild ? National Hockey League team.Minnesota Twins ? Major League Baseball team.Minnesota Lynx ? Women's National Basketball Association team.

 

Central Minneapolis (Courtesy of Ron Reiring)