Cheap Apartments in Minneapolis, MN Under $500 (4 Apartments for Rent)

Smyth Lofts | Luxury Lofts in the North Loop
Cheap Apartment
1 to 3 Bedroom Apartments
Available Now

Smyth Lofts | Luxury Lofts in the North Loop

212 N 2nd St
Minneapolis , MN 55401
Parkway Commons
Cheap Apartment
Studio to 2 Bedroom Apartments
Available Now

Parkway Commons

4141 W 31st St
Minneapolis , MN 55416
SoPHI Apartments | Spacious Studios!
Cheap Apartment
Studio to Studio Bedroom Apartments
Available Now

SoPHI Apartments | Spacious Studios!

811 E Lake St
Minneapolis , MN 55407
Blaisdell Apartments
Cheap Apartment
Studio to 2 Bedroom Apartments
Available Now

Blaisdell Apartments

2200 S Blaisdell Ave
Minneapolis , MN 55404

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How much does it cost to rent Apartments in Minneapolis?

Bedroom Average Rent Cheapest Rent Highest Rent
Minneapolis Studio Apartments $508 $932 $1356
Minneapolis 1 Bedroom Apartments $342 $342 $342
Minneapolis 2 Bedroom Apartments $417 $417 $417
Minneapolis 3 Bedroom Apartments $561 $561 $561
Minneapolis 4 Bedroom Apartments $630 $630 $630

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Frequently Asked Questions about Minneapolis

Is there a program in Minneapolis that helps find affordable housing?

Yes, there may be programs in Minneapolis that assist in finding affordable housing. These programs can be run by city or state governments, nonprofit organizations or private companies, such as HPD, NYC Housing Connect, Section 8 Housing, etc.

How can I find low-income Apartments in Minneapolis?

To find low-income Apartments in Minneapolis, you can search online for affordable housing sites like Allinfohome which specializes in finding affordable Apartments, check with the nonprofit organization that specializes in housing assistance, or contact your city or state government for information about affordable housing programs.

How much should I pay for a low-income apartment in Minneapolis?

The price of a low-income Apartments in Minneapolis will depend on various factors such as location, size and amenities. In general, however, affordable housing units are typically set as a percentage of a tenant's income, typically up to a maximum of about 30% to 40%.

What are the eligibility criteria for low-income Apartments in Minneapolis?

Eligibility criteria for low-income Apartments in Minneapolis will vary depending on the specific program or organization that provides affordable housing. Income level, household size and residency status are among the key factors in determining eligibility for affordable housing.

Can I apply for low-income housing at Minneapolis if I have bad credit?

Yes, you can apply for low-income housing at Minneapolis even if you have bad credit. However, you will need to clarify your situation with your landlord and provide relevant documents to prove you can afford to pay the rent.

How to find cheap Apartments in Minneapolis?

To find cheap Apartments in Minneapolis, you can search online for Apartments listing websites, check with local real estate agencies or use search engines. Rentals allows you to filter by price range. You might also consider looking for Apartments in less popular residential areas or areas farther from the city center. Above all, you can use Allinfohome which is a platform that provides information about cheap Apartments at Minneapolis

What are some of the most affordable neighborhoods to live in Minneapolis?

The most affordable neighborhoods to live in Minneapolis may vary depending on the specific city. You can explore neighborhoods farther from the city center or currently undergoing redevelopment that may offer more affordable housing options.

What should I look for in a cheap Apartments in Minneapolis?

When looking for a cheap Apartments in Minneapolis, it is important to consider factors such as location, safety, amenities and condition of the Apartments. While you may be able to find a cheaper Apartments in a less popular area, you should also make sure it meets your basic needs and is safe and comfortable to live in.

Can I negotiate the rent with the landlord in Minneapolis?

Yes, you can negotiate rent with Minneapolis landlords, especially if you have good credit or a steady income. However, keep in mind that landlords are not always willing to negotiate, and the rental market in some cities can be competitive, making it more difficult to negotiate rents.

Is there a government program in Minneapolis that can help me find affordable housing?

Yes, there may be government programs in Minneapolis that can help you find affordable housing. These programs may include public housing, Section 8 coupons, or rent assistance programs. You can contact your city or state government or local nonprofit organizations for more information about these programs.