Cheapest Cities to Rent in Minnesota (2026)
Discover the most affordable cities for renters in Minnesota. These 1 cities offer the lowest rent prices in the state, perfect for budget-conscious renters.
$1,709
Cheapest 2BR
$1,709
State Average 2BR
$0
Monthly Savings
$0
Yearly Savings
Top 1 Cheapest Cities in Minnesota
Ranked by 2-bedroom rent price (lowest first)
| Rank | City | Studio | 1 Bed | 2 Bed | 3 Bed | Income Needed |
|---|---|---|---|---|---|---|
#1 | Minneapolis, MN | $1,242 | $1,405 | $1,709 | $2,262 | $68,360/yr |
Why These Minnesota Cities Are Affordable
Minnesota offers excellent affordability for a major metro state. The Twin Cities provide big-city amenities at moderate prices, while smaller cities offer exceptional value.
- Below-average housing costs: These cities have housing indices lower than the state average of 98
- Lower demand: Smaller populations and less competitive markets keep prices reasonable
- Diverse housing stock: Mix of older and newer buildings provides options at various price points
- Regional economies: Local job markets support working populations without coastal-city premiums
Income Requirements
Using the standard 30% of income guideline, here's what you need to earn to afford rent in Minnesota's cheapest cities:
#1: Minneapolis
2BR: $1,709/mo requires $68,360/year
How Minnesota's Cheapest Cities Compare
vs State Average
+$0/mo
more expensive than Minnesota average
vs National Average
+$309/mo
more expensive than US average
Cost of Living Index
99
Below national average (100)
What to Consider Before Moving
Best For
- ✓Corporate professionals
- ✓Healthcare workers
- ✓Outdoor enthusiasts
- ✓Those seeking cultural amenities
Considerations
- •Very cold winters
- •High state income tax
- •Mosquitoes in summer