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Apartments with deals and specials for rent in Minneapolis, Minnesota

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Minneapolis Apartments Options

Average Rent in Minneapolis, MN

Avg. RentAnnual Change
Minneapolis Studio - $1,110+8%
Minneapolis 1 Bed - $1,526+13%
Minneapolis 2 Beds - $2,222+13%
Last updated 6/19/2024

Local Guide

See what Minneapolis, MN has to offer.

Local Reviews

Friends nearby, good restaurants, grocery stores, opera & theatre nearby. Close to airport and good public transportation.

My neighborhood has unique houses to look at due to the age of the city. There are many restaurants nearby. I love visit the many parks to play tennis or go for a walk and bringing my dog to the various dog parks.

Love the bike and jogging paths. Parkways and parks. Feel safe during the daylight hours. Very little crime.

It is close to a nice park with a community facility. We have many corner stores where I'm familiar with the staff.

Artists like myself live here along with families and a wide variety of people. I love quite a few local restaurants and the art/music/theater happenings.

It was close to work for me. Dollar tree and lots of Mexican restaurants. Not lots of shopping have to get closer to the suburbs.

Demographics

Education

High School

26%

Associate's

25%

Bachelor's

32%

Master's

14%

Doctorate

3%

Family Size

2 people

45%

3 people

22%

4 people

19%

5 people

7%

6+ people

7%

Household Income

0-50k

42%

50-100k

28%

100-150k

15%

150-200k

7%

200k+

8%

Age

0-10

12%

10-20

11%

20-45

46%

45-65

21%

65+

10%

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Last updated 6/19/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Minneapolis, MN

In Minneapolis, MN, as of 2024, the average rent for apartments ranges from $1,110 to $2,222. Specifically, the average rent for a studio apartment in Minneapolis, MN is $1,110. For those seeking a 1-bedroom apartments, the average rent is $1,526. And for a 2-bedroom apartment, renters can expect to pay an average of $2,222.

Annual Rent Change Over the Past 12 Months

Studio

+8%

Changed from $1,028 to $1,110
1 Bed

+13%

Changed from $1,350 to $1,526
2 Beds

+13%

Changed from $1,966 to $2,222
Last updated 6/19/2024

Rent Ranges

Apartment PricesProportion
1%
24%
32%
21%
22%

Compare Other Cities

CityStudio Avg RentAnnual Change
Blaine$1,952--
Woodbury$1,799+8%
Eden Prairie$1,5600%
Maple Grove$1,497-2%
Oakdale$1,495+48%
Richfield$1,395-1%
Lakeville$1,395-1%
Eagan$1,382+2%
Bloomington$1,362+22%
Coon Rapids$1,330-9%
Burnsville$1,274+6%
Edina$1,237+2%
Hastings$1,230+86%
Shakopee$1,225-11%
Minnetonka$1,211-4%
Minneapolis$1,110+8%
Hopkins$1,102+7%
Saint Paul$1,047-5%
Saint Louis Park$1,039+1%
Crystal$1,019--
Brooklyn Park$994-32%
Plymouth$9120%
City1 Bed Avg RentAnnual Change
Eden Prairie$1,935+31%
Bloomington$1,804+26%
Golden Valley$1,803+32%
Blaine$1,785+16%
Eagan$1,729+10%
Maple Grove$1,715+2%
Minnetonka$1,654+19%
Woodbury$1,599-9%
Lakeville$1,590+1%
Oakdale$1,576+12%
Richfield$1,547+17%
Minneapolis$1,526+13%
Edina$1,496+7%
Shakopee$1,472-4%
Burnsville$1,4680%
Coon Rapids$1,427-5%
Saint Louis Park$1,397+21%
Hastings$1,370+69%
Plymouth$1,345-9%
Saint Paul$1,282+1%
Crystal$1,237+6%
Hopkins$1,217+3%
Brooklyn Park$1,109-33%
River Falls$900--
City2 Beds Avg RentAnnual Change
Eden Prairie$2,916+59%
Bloomington$2,552+55%
Golden Valley$2,526+64%
Maple Grove$2,267+3%
Minneapolis$2,222+13%
Eagan$2,222+18%
Minnetonka$2,133+20%
Richfield$2,095+25%
Burnsville$2,017+21%
Saint Louis Park$1,997+38%
Lakeville$1,967+1%
Edina$1,892+5%
Oakdale$1,812-11%
Woodbury$1,799-17%
Shakopee$1,7700%
Plymouth$1,757+2%
Hopkins$1,586+7%
Blaine$1,532-6%
Saint Paul$1,519-2%
Hastings$1,464+56%
Crystal$1,437+2%
Coon Rapids$1,405-6%
Brooklyn Park$1,402-31%

Compare Neighborhoods

Seward

$897

1 Bed Avg. Rent

Holland

$950

1 Bed Avg. Rent

What are the most affordable neighborhoods in Minneapolis, MN?

For renters in Minneapolis seeking more affordable options, the neighborhoods to watch are Seward, Washburn - Fair Oaks Historic District, and Holland, where average rents for 1-bedroom apartments stand at $897, $950, and $950 respectively. Additional areas offering value are Ventura Village and Phillips, where the rents are $975 and $975, a favorable comparison to Minneapolis's overall 1-bedroom average of $1,526.

What are the most expensive neighborhoods in Minneapolis, MN?

In Minneapolis, the neighborhoods commanding the highest rents are North Loop, Cedar Isles - Dean, and Downtown East. A 1-bedroom apartment in North Loop averages at $5,016, in Cedar Isles - Dean it averages $2,099, and in Downtown East, the average is $2,087. For additional high-end living options, Tangletown offers 1-bedroom apartments at $2,080, and Downtown West at $1,801. These rates compare to the overall average rent of $1,526 for a 1-bedroom apartment in Minneapolis, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Minneapolis, MN?

In Minneapolis, the most sought-after neighborhoods for renters include Prospect Park, Cedar-Riverside, and Powderhorn. In Prospect Park, the average rent for a 1-bedroom apartment is $1,737. Cedar-Riverside sees average rents of $1,170 for a 1-bedroom unit. Powderhorn offers similar appeal with 1-bedroom apartments averaging $1,011. For those seeking other popular areas, Seward presents 1-bedroom apartments at $897, and Phillips at $975. These prices are set against the backdrop of the city-wide average of $1,526 for a 1-bedroom apartment in Minneapolis, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
Warehouse District$1,600-6%
North Loop$1,529-12%
Prospect Park$1,370+4%
South St. Paul$1,325-2%
Cedar Isles - Dean$1,299-4%
North St. Paul$1,277--
Uptown$1,276+38%
Downtown East$1,263+28%
University$1,262-7%
Calhoun Isles$1,256+26%
Tangletown$1,240--
Downtown West$1,224-3%
Nokomis$1,200+3%
Southwest Minneapolis$1,192+19%
Marcy - Holmes$1,165+23%
West St. Paul$1,130+20%
Lyn Lake$1,054+6%
Longfellow$1,023+4%
Central$1,013+7%
Cedar-Riverside$1,012--
Linden Hills$1,0000%
Como$1,0000%
Northeast Minneapolis$997-9%
Hiawatha$9970%
Seward$984-8%
Lowry Hill$972-2%
Elliot Park$960+13%
Lowry Hill East$949--
Sheridan$945--
Central Minneapolis$923-12%
Washburn - Fair Oaks Historic District$909--
Holland$905--
Stevens Square$900-8%
CARAG$8950%
Whittier$875+5%
Powderhorn$8750%
Lyndale$862+6%
Ventura Village$845+1%
Phillips$845+1%
Loring Park$795+1%
Elwells$735--
University of Minnesota$590-57%
Neighborhood1 Bed Avg RentAnnual Change
Cedar Isles - Dean$2,099-20%
Downtown East$2,087+7%
Tangletown$2,080--
Downtown West$1,801+36%
Central Minneapolis$1,761+13%
Prospect Park$1,737+8%
Warehouse District$1,725-14%
South St. Paul$1,700+5%
Loring Park$1,678+69%
University$1,645+9%
Calhoun Isles$1,594+23%
University of Minnesota$1,569+108%
Uptown$1,565+74%
Nokomis$1,525+2%
North St. Paul$1,511--
Near North$1,487--
Marcy - Holmes$1,422+36%
Southwest Minneapolis$1,332+27%
Hiawatha$1,3140%
Como$1,300+18%
Camden$1,300--
West St. Paul$1,300+5%
Linden Hills$1,250-2%
Elwells$1,238+18%
Longfellow$1,227+13%
Lowry Hill$1,195+12%
Cedar-Riverside$1,170-8%
Lyn Lake$1,169-2%
Northeast Minneapolis$1,135-1%
Lyndale$1,0980%
Elliot Park$1,082-36%
Sheridan$1,025+3%
Powderhorn$1,011-3%
Lowry Hill East$1,007-22%
Whittier$1,005-1%
Stevens Square$999+2%
CARAG$997-5%
Central$995-21%
Ventura Village$9750%
Phillips$975-12%
Washburn - Fair Oaks Historic District$950-7%
Holland$950--
Seward$897-21%
Neighborhood2 Beds Avg RentAnnual Change
Kenwood$3,800--
Calhoun Isles$3,495+23%
Tangletown$3,495--
Downtown East$3,360-1%
Central Minneapolis$2,838+9%
Downtown West$2,626+16%
Near North$2,560--
South St. Paul$2,432+8%
University$2,250+50%
Prospect Park$2,184+7%
Loring Park$2,047-10%
Warehouse District$2,030-22%
Uptown$2,015-7%
North St. Paul$1,961--
Sheridan$1,850+28%
Longfellow$1,831+31%
Nokomis$1,825-1%
Hiawatha$1,8220%
Seward$1,815+30%
Lowry Hill$1,795-17%
Southwest Minneapolis$1,792+27%
Lowry Hill East$1,699+13%
Northeast Minneapolis$1,610-3%
Elliot Park$1,600-39%
Camden$1,600--
West St. Paul$1,551-5%
Ventura Village$1,531+2%
Phillips$1,531+14%
Como$1,512+1%
Lyn Lake$1,499-25%
Linden Hills$1,450-8%
Lyndale$1,448+10%
Central$1,395-9%
CARAG$1,3450%
Powderhorn$1,311+7%
Stevens Square$1,2950%
Whittier$1,267+5%
Washburn - Fair Oaks Historic District$1,235+1%
Phillips West$1,195--
Holland$1,135-5%
Cedar-Riverside$1,100-19%
Elwells$1,100-8%
University of Minnesota$955+57%

Transportation

Commute Time

0-15 Mins

21%

15-30 Mins

50%

30-40 Mins

18%

40-60 Mins

7%

60+ Mins

4%

Transportation Scores

Percentage: 7575

Walk Score®

Walkable

Yes

Say 58 of 115 renters

Has Sidewalks

Yes

Say 91 of 115 renters

Percentage: 8383

Bike Score®

Bike Friendly

Yes

Say 80 of 115 renters

Percentage: 5757

Transit Score®

They Are Located Near Public Transportation

Yes

Say 85 of 115 renters

Need A Car

No

Say 74 of 115 renters

Area Amenities

Top Score

Grocery Stores

4.5/5 stars based on undefined reviews

There are some super markets around here.

  1. A high number of grocery stores per resident
  2. Significantly more grocery stores than average
  3. 17% more grocery stores than areas of a similar size

Restaurants

4.5/5 stars based on undefined reviews

Great service and no need for reservations. A great place for food.

  1. A high number of restaurants per resident
  2. Significantly more restaurants than average
  3. A standard number of restaurants compared to areas of a similar size

Coffee

4.5/5 stars based on undefined reviews

We're full of beans for Minneapolis's coffee shop scene.

  1. A high number of coffee shops per resident
  2. Significantly more coffee shops than average
  3. 58% more coffee shops than areas of a similar size

Nightlife

4.5/5 stars based on undefined reviews

Get your dance shoes on, Minneapolis looks good for nightlife.

  1. A high number of bars and clubs per resident
  2. Significantly more bars and clubs than average
  3. A standard number of bars and clubs compared to areas of a similar size

Parks

4.5/5 stars based on undefined reviews

Minneapolis is team green. Parks get a high score.

  1. A high number of parks per resident
  2. Significantly more parks than average
  3. Significantly more parks than areas of a similar size

Retail Shops

4.5/5 stars based on undefined reviews

A shopaholic favorite. Minneapolis has a lot of style.

  1. Few shops per resident
  2. Significantly more shops than average
  3. 50% fewer shops than areas of a similar size

Health and Fitness

4.5/5 stars based on undefined reviews

Pumped and lifting a solid 4.5 stars for fitness.

  1. A high number of gyms per resident
  2. Significantly more gyms than average
  3. 27% more gyms than areas of a similar size

Pet Services

4.5/5 stars based on undefined reviews

Minneapolis is real pawsitive for your pets.

  1. Few pet facilities per resident
  2. Significantly more pet facilities than average
  3. 29% fewer pet facilities than areas of a similar size

Fine Arts

4.5/5 stars based on undefined reviews

This place gets the picture when it comes to art.

  1. A high number of fine art centers per resident
  2. Significantly more fine art centers than average
  3. 42% more fine art centers than areas of a similar size

Medical Care

4.5/5 stars based on undefined reviews

The great medical care here is just what the doctor ordered.

  1. A high number of medical facilities per resident
  2. Significantly more medical facilities than average
  3. 21% fewer medical facilities than areas of a similar size

Gas Stations

4.5/5 stars based on undefined reviews

You won't have to drive far to fill up around here.

  1. A high number of gas stations per resident
  2. Significantly more gas stations than average
  3. 29% fewer gas stations than areas of a similar size

Area Features

Area Has Litter

No

Say 98 of 115 renters

Noise Late At Night

No

Say 88 of 115 renters

Near Grocery Stores

Yes

Say 87 of 115 renters

Good Place To Raise A Family

Yes

Say 87 of 115 renters

Nearby Parks

Yes

Say 85 of 115 renters

Pet Friendly

Yes

Say 85 of 115 renters

Near Schools

Yes

Say 78 of 115 renters

Near Highways

Yes

Say 73 of 115 renters

Area Has Potholes

No

Say 70 of 115 renters

Busy Streets

No

Say 69 of 115 renters

Safe For Families

Yes

Say 65 of 115 renters

Tree Lined Streets

Yes

Say 62 of 115 renters

Mostly Older Buildings

No

Say 60 of 115 renters

Maintained Yards

Yes

Say 60 of 115 renters

Area Has Kids Play Outside

Yes

Say 59 of 115 renters

Well Lit

No

Say 59 of 115 renters

Quiet Area

No

Say 64 of 115 renters

Near Downtown

No

Say 68 of 115 renters

Nice Views

No

Say 84 of 115 renters

Mostly Newer Buildings

No

Say 97 of 115 renters

Schools

Percentage: 3/53/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Minneapolis

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

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