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Apartments for Rent in Minneapolis, MN under $500

Apartments for Rent in Minneapolis, MN under $500. 36 Rentals Available
36 Rentals Available
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  • a living room with a couch and a coffee table in front of a large window
    Rent specials
    1 bd $365+
    2 bd $20+
    Base rent
    Verified Listing

    2401 Chicago Ave South, Minneapolis, MN 55404
    Apply online • Pet friendly
  • a living room with two couches and two windows
    Ask for pricing
    Income restricted
    Verified Listing

    706 First Avenue North, Minneapolis, MN 55403
  • a kitchen and dining room with a wooden table and chairs
    6 units available
    Studio $486+
    Base rent Income restricted
    Verified Listing

    1515 Chicago Avenue S., Minneapolis, MN 55404
  • a rendering of a white apartment building with a blue sky background
    Only 2 units left
    Ask for pricing
    Income restricted
    Verified Listing

    3301 Nicollet Avenue, Minneapolis, MN 55408
    Apply online
  • a kitchen with wooden cabinets and a stove and a sink
    Studio $418+
    Base rent Income restricted
    Verified Listing

    1132 South 8Th Street, Minneapolis, MN 55404
    Pet friendly

  • More Rentals Near Minneapolis, MN

  • a living room with a fireplace and chairs and a table
    Rent specials Only 3 units left
    2 bd $18+
    Base rent
    Verified Listing

    765 Hampden Avenue, St Paul, MN 55114
    Apply online • Pet friendly
  • a kitchen with white appliances and wooden cabinets and a ceiling fan
    8 units available
    Ask for Pricing
    Verified Listing

    2720 Louisiana Court, St Louis Park, MN 55426
  • a living room with couches and chairs and a table
    2 bd $473+
    Base rent
    Verified Listing

    6113 West Broadway, New Hope, MN 55428
  • a spacious living room with a white railing and furniture
    Ask for pricing
    Income restricted
    Verified Listing

    654 90Th Lane NE, Blaine, MN 55434
    Pet friendly
5-4-city
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Frequently asked questions

When were prices and availability in Minneapolis, MN last updated?

Prices and availability in Minneapolis, MN were last updated on 26 May 2026.

What are the best apartments in Minneapolis, MN?

The best apartments in Minneapolis, MN are: N&E, Mezzo, 2416 Blaisdell Apartments, Revel and CityLine Apartments.

What type of rental buildings are in Minneapolis, MN?

In Minneapolis, 52% of the residents are renting compared to 48% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 36% of Minneapolis's rentals, 54% are small-scale complexes with under 50 units, and 9% are single-family rentals.