Apartments Under $500 in Minneapolis, MN

This month, the typical cost to rent a one-bedroom apartment in Minneapolis stands at $1,210, with the majority falling between $850 and $2,110. Out of the 8,519 one-bedroom apartments currently on the market in Minneapolis, 11 are priced below $500, accounting for 0% of the total available one-bedroom units in Minneapolis.

The chart above shows the current number of available apartments under $500 in Minneapolis, MN and the surrounding cities. As of November 2024, there are a total of 52 apartments fitting this criteria in the Minneapolis metro area. This includes apartments in 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. This data is helpful for those searching for affordable housing in the Minneapolis area. Renters can utilize this information to find the best options within their budget.

City	Apartments Under $500 in November	M/M % Change
Minneapolis, MN	20	+1.11%
St Paul, MN	11	+1.07%
St Louis Park, MN	3	+1.0%
Cottage Grove, MN	2	+1.0%
Brooklyn Park, MN	2	+1.0%
Minnetonka, MN	1	+1.0%
Burnsville, MN	1	+0.8%
Chanhassen, MN	1	+1.0%
Maple Grove, MN	1	+1.0%
Wayzata, MN	1	+1.0%

Available apartments under $500	360
Top amenities	Fitness Center, Cable Ready, Elevator, Secured Entry, Pet Friendly Community
Deals	8
Pet friendly	126
Utilities included	26
Furnished	23
Studio	13
1 Bedroom	70
2 Bedroom	39
Square footage	378 - 1,407