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Apartments for Rent in Minnesota under $500

105 Rentals Available
Apartments for Rent in Minnesota under $500. 105 Rentals Available
  • a living room with a couch and a coffee table
    Today

    1593 Hartwell Drive, Carver, MN 55315
    1 BED Ask for Pricing
  • a living room with a couch and a coffee table in front of a large window
    Today

    2401 Chicago Ave South, Minneapolis, MN 55404
    1 BED $365+
    2 BEDS $20+
  • a living room with a couch and a table
    Today

    826 21St Ave SE, Rochester, MN 55904
    4 BEDS $500
  • a white building with a black and white awning on the corner of a
    Today

    154 East Broadway, Monticello, MN 55362
    STUDIO $350
  • a living room with a fireplace and chairs and a table
    Today

    765 Hampden Avenue, St Paul, MN 55114
    2 BEDS $18+
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  • and property management
    Today

    423 11Th Street North, Moorhead, MN 56560
    STUDIO $40
  • the logo
    Today

    102 Center Avenue East, Dilworth, MN 56529
    STUDIO $350+
    1 BED $495+
  • 735 Center Avenue West 1 Bed Apartment for Rent
    Today

    735 Center Avenue West, Dilworth, MN 56529
    1 BED $495+
  • and property management
    Today

    220 10Th Street North, Moorhead, MN 56560
    STUDIO $265+
  • 1805 20Th St S Studio Apartment for Rent
    Today

    1805 20Th St S, Moorhead, MN 56560
    STUDIO $350+
  • the logo
    Today

    223 17Th St South, Moorhead, MN 56560
    1 BED $395
  • Interactive banner bedroom
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  • an image of the logo for krak residential and commercial property management
    Today

    905 9Th Avenue South, Moorhead, MN 56560
    1 BED $495
  • 211 Laura Avenue 2 Beds Apartment for Rent
    Today

    211 Laura Avenue, Detroit Lakes, MN 56501
    2 BEDS $430
  • the logo
    Today

    221 17Th St South, Moorhead, MN 56560
    1 BED $395
  • an image of the logo for krak residential and commercial property management
    Today

    207 Laura Avenue, Detroit Lakes, MN 56501
    STUDIO $420
    2 BEDS $420
  • a kitchen with white appliances and wooden cabinets and a ceiling fan
    Today

    2720 Louisiana Court, St Louis Park, MN 55426
    2 BEDS Ask for Pricing
  • a building being constructed with a truck in front of it
    Today

    1601 15Th Street SE, Willmar, MN 56201
    2 BEDS $395+
    3 BEDS $455+
  • a living room with couches and chairs and a table
    Today

    6113 West Broadway, New Hope, MN 55428
    2 BEDS $473+
  • a living room with two couches and two windows
    Today

    706 First Avenue North, Minneapolis, MN 55403
    Income Restricted
    STUDIO Ask for Pricing
  • a spacious living room with a white railing and furniture
    Today

    654 90Th Lane NE, Blaine, MN 55434
    Income Restricted
    1 BED Ask for Pricing
  • a kitchen and dining room with a wooden table and chairs
    Today

    1515 Chicago Avenue S., Minneapolis, MN 55404
    Income Restricted
    STUDIO $486+
  • a dining room with a table and chairs and a kitchen
    Today

    7750 Sunwood Drive NW, Ramsey, MN 55303
    Income Restricted
    1 BED $366
  • a rendering of a white apartment building with a blue sky background
    Today

    3301 Nicollet Avenue, Minneapolis, MN 55408
    Income Restricted
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
  • a kitchen with wooden cabinets and a stove and a sink
    Today

    1132 South 8Th Street, Minneapolis, MN 55404
    Income Restricted
    STUDIO $418+
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Getting around in Minnesota, MN

3 /100
Car-Dependent
44 /100
Somewhat Bikeable
Walk Score®: 3, Bike Score®: 44

Frequently asked questions

When were prices and availability in Minnesota last updated?

Prices and availability in Minnesota were last updated on 21 Feb 2026.

What are the best apartments in Minnesota?

The best apartments in Minnesota are: Westminster Apartments, Vicksburg Village, Monticello Crossings, Regency Park and Cardinal Estates.

What type of rental buildings are in Minnesota?

In Minnesota, 28% of the residents are renting compared to 72% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 27% of Minnesota's rentals, 54% are small-scale complexes with under 50 units, and 17% are single-family rentals.

Search for apartments in Minnesota under $500

There’s more than one way to spend $500 on rent in Minnesota, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $500 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.

The perfect $500 rental near you

Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Minnesota. Customize your search by using more RentCafe filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 24 apartments for rent below $500 in Minnesota for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!