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Central Minneapolis houses for rent - Minneapolis, MN

Beds

24 Houses

Average Rent in Minneapolis, MN

Avg. RentAnnual Change
Minneapolis Studio - $1,075+4%
Minneapolis 1 Bed - $1,435+4%
Minneapolis 2 Beds - $2,006-2%

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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.

I like living in my neighborhood because there's a variety of local businesses right across the street, and theorems a wide mix of age groups in my building.

Live inside safe apartment building, need key fob to get into vestibule, everybody needs to be let in by security

Very walkable and near downtown with lots of public transit options. Lots of local businesses and unique resteraunts.

I like that the apartment is not in a neighborhood-populated area. It is quiet with only a few neighbors from the building that I run into. Sometimes there is someone walking her dog , someone/people walking by or someone in the parking lot, but not all the time:)

Demographics

Education

High School

20%

Associate's

24%

Bachelor's

35%

Master's

17%

Doctorate

3%

Family Size

2 people

81%

3 people

14%

4 people

4%

5 people

1%

6+ people

0%

Household Income

0-50k

45%

50-100k

24%

100-150k

13%

150-200k

7%

200k+

10%

Age

0-10

5%

10-20

4%

20-45

56%

45-65

24%

65+

11%

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

*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 Central Minneapolis, Minneapolis, MN

In Minneapolis, MN, as of 2024, the average rent for apartments ranges from $1,075 to $2,006. Specifically, the average rent for a studio apartment in Central Minneapolis, Minneapolis, MN is $1,075. For those seeking a 1-bedroom apartments, the average rent is $1,435. And for a 2-bedroom apartment, renters can expect to pay an average of $2,006.

Annual Rent Change Over the Past 12 Months

Studio

+4%

Changed from $1,034 to $1,075
1 Bed

+4%

Changed from $1,380 to $1,435
2 Beds

-2%

Changed from $2,047 to $2,006

Cost of Living

Compared to State Average

1.1%

Compared to National Average

4.5%

The cost of living in Central Minneapolis, Minneapolis, MN is 1.1% lower than the state average and 4.5% lower than the national average. Central Minneapolis, Minneapolis, MN housing is 13.8% less expensive than the U.S average, while utilities are about 5.3% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 1.2% less in Central Minneapolis, Minneapolis, MN than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 0.8% more here compared to the U.S. average.
Cost of Living in Central Minneapolis, Minneapolis, MNCompared to State AverageCompared to National Average
Housing
1.3%
13.8%
Utilities
1.6%
5.3%
Food
0.8%
1.2%
Transportation
0.2%
2.8%
Healthcare
1.5%
0.8%

Compare Other Cities

CityStudio Avg RentAnnual Change
Woodbury$1,884+29%
Stillwater$1,6950%
Maple Grove$1,560+2%
Shakopee$1,445+9%
Lakeville$1,445+4%
Hudson$1,430--
Bloomington$1,383+23%
Richfield$1,312-7%
Edina$1,237+2%
Saint Louis Park$1,214+18%
Hastings$1,213+84%
Burnsville$1,210+3%
Forest Lake$1,204-11%
White Bear Lake$1,190--
Northfield$1,1500%
Roseville$1,115+17%
Saint Paul$1,111+10%
Minneapolis$1,075+4%
Maplewood$9950%
Brooklyn Park$994-30%
Plymouth$9120%
City1 Bed Avg RentAnnual Change
Blaine$1,820+16%
Elk River$1,729+2%
Bloomington$1,720+18%
Maple Grove$1,687-1%
Hudson$1,630--
Woodbury$1,599-10%
Richfield$1,565+18%
Lakeville$1,565+1%
Shakopee$1,5350%
Forest Lake$1,521+9%
Edina$1,500+6%
Burnsville$1,468+6%
Saint Louis Park$1,462+27%
Minneapolis$1,435+4%
Maplewood$1,379+2%
Hastings$1,370+69%
Plymouth$1,345-9%
White Bear Lake$1,335+3%
Saint Paul$1,307+1%
Roseville$1,264+6%
Brooklyn Park$1,084-33%
City2 Beds Avg RentAnnual Change
Bloomington$2,495+54%
Maple Grove$2,171+2%
Richfield$2,130+27%
Hudson$2,040--
Minneapolis$2,006-2%
Burnsville$2,006+23%
Elk River$1,999+15%
Lakeville$1,920+2%
Shakopee$1,917+13%
Edina$1,899+4%
Saint Louis Park$1,882+28%
Woodbury$1,849-20%
Forest Lake$1,778-2%
Plymouth$1,757-2%
Maplewood$1,653-8%
Blaine$1,569-16%
Saint Paul$1,562+1%
White Bear Lake$1,512-9%
Hastings$1,464+56%
Roseville$1,452-8%
Brooklyn Park$1,415-29%
Northfield$1,100+3%

Compare Neighborhoods

Harrison

$874

1 Bed Avg. Rent

Bryn Mawr

$900

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 Harrison, Bryn Mawr, and Washburn - Fair Oaks Historic District, where average rents for 1-bedroom apartments stand at $874, $900, and $950 respectively. Additional areas offering value are Camden and Holland, where the rents are $950 and $950, a favorable comparison to Minneapolis's overall 1-bedroom average of $1,435.

What are the most expensive neighborhoods in Minneapolis, MN?

In Minneapolis, the neighborhoods commanding the highest rents are North Loop, Downtown East, and Tangletown. A 1-bedroom apartment in North Loop averages at $5,081, in Downtown East it averages $2,250, and in Tangletown, the average is $2,080. For additional high-end living options, Cedar Isles - Dean offers 1-bedroom apartments at $2,069, and Downtown West at $1,806. These rates compare to the overall average rent of $1,435 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 Seward, Phillips, and Prospect Park. In Seward, the average rent for a 1-bedroom apartment is $975. Phillips sees average rents of $975 for a 1-bedroom unit. Prospect Park offers similar appeal with 1-bedroom apartments averaging $1,751. For those seeking other popular areas, Powderhorn Park presents 1-bedroom apartments at $1,099, and University at $1,400. These prices are set against the backdrop of the city-wide average of $1,435 for a 1-bedroom apartment in Minneapolis, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
West Calhoun$1,750+38%
Warehouse District$1,600-3%
Calhoun Isles$1,560+42%
Prospect Park$1,539+17%
Minnehaha$1,301+1%
Cedar Isles - Dean$1,299-4%
South St. Paul$1,292-9%
Downtown East$1,263+28%
Uptown$1,260+41%
St. Anthony West$1,250+6%
University$1,247-5%
Tangletown$1,240--
Nokomis$1,216+2%
Downtown West$1,209-3%
Marcy - Holmes$1,185-13%
Kingfield$1,175--
Southwest Minneapolis$1,165+30%
Seward$1,130+5%
Longfellow$1,055+8%
Como$1,0000%
Linden Hills$1,0000%
Northeast Minneapolis$997+8%
Hiawatha$9970%
Sheridan$995+8%
Logan Park$974-11%
Lowry Hill$972-2%
CARAG$922+5%
Washburn - Fair Oaks Historic District$909--
Elliot Park$907+7%
Holland$905--
Lowry Hill East$900--
Stevens Square$900+6%
Stevens Square Historic District$900+6%
Whittier$875+5%
Powderhorn$862-1%
Harrison$849--
Phillips$845+1%
Lyndale$820-2%
Loring Park$802+2%
Groveland$795--
Bryn Mawr$795--
Elwells$735--
Neighborhood1 Bed Avg RentAnnual Change
Downtown East$2,250+16%
Tangletown$2,080--
Cedar Isles - Dean$2,069-24%
Downtown West$1,806+37%
West Calhoun$1,795+12%
Prospect Park$1,751+9%
Warehouse District$1,725-14%
Calhoun Isles$1,650+27%
South St. Paul$1,647-2%
Kingfield$1,610+63%
Minnehaha$1,544-2%
Nokomis$1,523+2%
University$1,400-5%
Marcy - Holmes$1,395+36%
St. Anthony West$1,395-7%
Loring Park$1,325-13%
Logan Park$1,320+3%
Hiawatha$1,3140%
Como$1,300+18%
Southwest Minneapolis$1,262+26%
Linden Hills$1,250-2%
Elwells$1,238+18%
Longfellow$1,230+13%
Uptown$1,195+33%
Northeast Minneapolis$1,135-1%
Lyndale$1,124+7%
Powderhorn Park$1,0990%
Elliot Park$1,082-35%
Sheridan$1,075+8%
Lowry Hill East$1,050-16%
Lowry Hill$1,025-10%
Groveland$1,025-13%
Powderhorn$1,0120%
Stevens Square$999+2%
Stevens Square Historic District$999--
CARAG$997+4%
Whittier$9870%
Phillips$975-12%
Seward$975-14%
Washburn - Fair Oaks Historic District$950-7%
Camden$950-21%
Holland$950--
Bryn Mawr$900--
Harrison$874-27%
Neighborhood2 Beds Avg RentAnnual Change
Calhoun Isles$4,195+46%
Linden Hills$4,095+160%
Marcy - Holmes$3,885+205%
Downtown East$3,650+7%
Tangletown$3,495--
West Calhoun$2,795+11%
Downtown West$2,652+21%
Southwest Minneapolis$2,490+72%
Kingfield$2,490+126%
South St. Paul$2,312+2%
St. Anthony West$2,250--
University$2,204+46%
Prospect Park$2,204+7%
Warehouse District$2,030-19%
Minnehaha$1,902+2%
Loring Park$1,858-12%
Sheridan$1,850+28%
Longfellow$1,831+31%
Hiawatha$1,8220%
Seward$1,815+30%
Nokomis$1,806-1%
Lowry Hill$1,795-17%
Groveland$1,795-17%
Lowry Hill East$1,699+17%
Northeast Minneapolis$1,617+2%
Logan Park$1,610+6%
Powderhorn Park$1,599-6%
Phillips$1,531+20%
Como$1,512+1%
Bryn Mawr$1,460-30%
Lyndale$1,448+7%
Stevens Square Historic District$1,349--
Elliot Park$1,340-51%
Stevens Square$1,2950%
Powderhorn$1,280-1%
Whittier$1,272+4%
Harrison$1,260+15%
Uptown$1,250-16%
CARAG$1,2500%
Camden$1,250-31%
Holland$1,250--
Washburn - Fair Oaks Historic District$1,2350%
Phillips West$1,195--
Elwells$1,100-8%

Transportation

Commute Time

0-15 Mins

26%

15-30 Mins

50%

30-40 Mins

14%

40-60 Mins

6%

60+ Mins

4%

Transportation Scores

Percentage: 8989

Walk Score®

Walkable

Yes

Say 4 of 6 renters

Has Sidewalks

Yes

Say 5 of 6 renters

Percentage: 9090

Bike Score®

Bike Friendly

Yes

Say 3 of 6 renters

Percentage: 7575

Transit Score®

They Are Located Near Public Transportation

Yes

Say 4 of 6 renters

Need A Car

Yes

Say 3 of 6 renters

Area Amenities

Top Score

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. 98% more restaurants than average
  3. 24% more restaurants than areas of a similar size

Coffee

4.5/5 stars based on undefined reviews

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

  1. A high number of coffee shops per resident
  2. 99% more coffee shops than average
  3. 65% more coffee shops than areas of a similar size

Nightlife

4.5/5 stars based on undefined reviews

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

  1. A high number of bars and clubs per resident
  2. 99% more bars and clubs than average
  3. 48% more bars and clubs than areas of a similar size

Retail Shops

4.5/5 stars based on undefined reviews

A shopaholic favorite. Central Minneapolis Minneapolis has a lot of style.

  1. A high number of shops per resident
  2. 97% more shops than average
  3. 27% fewer shops than areas of a similar size

Theaters

4.5/5 stars based on undefined reviews

The spotlight is constantly on in Central Minneapolis Minneapolis.

  1. A high number of theaters per resident
  2. 99% more theaters than average
  3. 62% more theaters 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. 99% more fine art centers than average
  3. 49% more fine art centers than areas of a similar size

Parks

4/5 stars based on undefined reviews

Central Minneapolis Minneapolis is prime for park lovers.

  1. A high number of parks per resident
  2. 98% more parks than average
  3. 49% more parks than areas of a similar size

Hospitals

4/5 stars based on undefined reviews

You'll see so many hospitals here, you'll get sick of them here.

  1. A high number of hospitals per resident
  2. 98% more hospitals than average
  3. 24% more hospitals than areas of a similar size

Grocery Stores

3.5/5 stars based on undefined reviews

Suffice to say, this place is great for groceries.

  1. A high number of grocery stores per resident
  2. 94% more grocery stores than average
  3. Far fewer grocery stores than areas of a similar size

Childcare

3.5/5 stars based on undefined reviews

No need for a tantrum - childcare options abound in Central Minneapolis Minneapolis.

  1. Few daycares per resident
  2. 96% more daycares than average
  3. 16% fewer daycares than areas of a similar size

Pet Services

3.5/5 stars based on undefined reviews

Sit. Stay. Good boy. Central Minneapolis Minneapolis is a good place for pets.

  1. A high number of pet facilities per resident
  2. 95% more pet facilities than average
  3. 89% fewer pet facilities than areas of a similar size

Amusement Parks

3.5/5 stars based on undefined reviews

No spin here - Central Minneapolis Minneapolis boasts a good number of amusement parks.

  1. A high number of amusement parks per resident
  2. 97% more amusement parks than average
  3. 32% fewer amusement parks than areas of a similar size

Medical Care

3.5/5 stars based on undefined reviews

You won't get sick of medical care here.

  1. Few medical facilities per resident
  2. 95% more medical facilities than average
  3. 99% fewer medical facilities than areas of a similar size

Health and Fitness

2.5/5 stars based on undefined reviews

Cardio is hale and hardy in Central Minneapolis Minneapolis.

  1. Few gyms per resident
  2. 94% more gyms than average
  3. Far fewer gyms than areas of a similar size

Gas Stations

2.5/5 stars based on undefined reviews

The road is less traveled for filling the tank up in Central Minneapolis Minneapolis.

  1. Few gas stations per resident
  2. 70% more gas stations than average
  3. Far fewer gas stations than areas of a similar size

Area Features

Area Has Potholes

No

Say 6 of 6 renters

Busy Streets

No

Say 5 of 6 renters

Area Has Litter

No

Say 5 of 6 renters

Noise Late At Night

No

Say 4 of 6 renters

Mostly Older Buildings

No

Say 4 of 6 renters

Near Downtown

Yes

Say 4 of 6 renters

Near Grocery Stores

Yes

Say 4 of 6 renters

Nearby Parks

Yes

Say 3 of 6 renters

Well Lit

Yes

Say 3 of 6 renters

Near Highways

No

Say 4 of 6 renters

Near Schools

No

Say 4 of 6 renters

Pet Friendly

No

Say 4 of 6 renters

Good Place To Raise A Family

No

Say 4 of 6 renters

Tree Lined Streets

No

Say 4 of 6 renters

Nice Views

No

Say 5 of 6 renters

Safe For Families

No

Say 5 of 6 renters

Maintained Yards

No

Say 5 of 6 renters

Area Has Kids Play Outside

No

Say 6 of 6 renters

Mostly Newer Buildings

No

Say 6 of 6 renters

Quiet Area

No

Say 6 of 6 renters

Schools

Percentage: 4/54/5

School Score

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

Top Schools in Central Minneapolis Minneapolis

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

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