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The average monthly rent in Minneapolis is up 1.7% compared to last month and up 3.7% year-over-year.
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1d ago
Verified
1254 Hennepin Avenue, Minneapolis, MN 55403
In-unit laundry | Air conditioning | Swimming pool
Studio–2 beds
1–2 baths
$1,100–$2,300
Apartment for rent
Available Feb 10
4d ago
Verified
5840 73rd Avenue North, Minneapolis, MN 55429
Air conditioning | Garage parking | On-site laundry
1–2 beds
1 bath
$1,200–$1,550
Apartment for rent
Available Jun 30
2d ago
Verified
3535 Bryant Ave S, Minneapolis, MN 55408
In-unit laundry | Dishwasher | Microwave
2 beds
2 baths
$1,765
Apartment for rent
4d ago
Verified
2900 4th St Se, Minneapolis, MN 55414
In-unit laundry | Furnished | Fitness center
Studio–1 bed
1 bath
$1,279–$1,649
Apartment for rent
Available Aug 22
4d ago
Verified
2813 4th St Se, Minneapolis, MN 55414
In-unit laundry | Furnished | Fitness center
Studio–2 beds
1–2 baths
$1,269–$2,489
Apartment for rent
Available Apr 13
17h ago
1801 Talmage Ave Se, Minneapolis, MN 55414
In-unit laundry | On-site laundry | Balcony
4–5 beds
2 baths
$2,695–$2,895
Apartment for rent
1d ago
4–6 beds
1–2 baths
$2,000–$2,700
Apartment for rent
2d ago
5 beds
2 baths
$1,800–$2,600
Apartment for rent
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2d ago
1–2 beds
1–2 baths
$2,795–$4,555
Apartment for rent
2d ago
2611 2nd Ave S, Minneapolis, MN 55408
In-unit laundry | Air conditioning | On-site laundry
1 bed
1 bath
$1,505–$1,595
Apartment for rent
On-Site Laundry
In-Unit Laundry
Dishwasher
Storage
2d ago
941-951 941-951 17th Ave SE & 942 15th Ave SE, Minneapolis, MN 55414
Dishwasher | Oven | Microwave
6 beds
3 baths
$3,150
Apartment for rent
3d ago
1 bed
1 bath
$1,179–$1,299
Apartment for rent
3d ago
3 beds
2 baths
$3,700
Apartment for rent
3d ago
3130 Bryant Ave S, Minneapolis, MN 55408
In-unit laundry | Air conditioning | On-site laundry
1 bed
1 bath
$1,425–$1,895
Apartment for rent
3d ago
2 beds
1 bath
$1,599
Apartment for rent
3d ago
1101 22nd Ave Se, Minneapolis, MN 55414
In-unit laundry | Air conditioning | On-site laundry
4 beds
2 baths
$2,600
Apartment for rent
3d ago
6 beds
2 baths
$2,800
Apartment for rent
3d ago
1023 17th Ave Se, Minneapolis, MN 55414
In-unit laundry | Air conditioning | On-site laundry
5 beds
3 baths
$3,200
Apartment for rent
4d ago
3215 3215 - 3225 E Minnehaha Parkway, Minneapolis, MN 55417
On-site laundry | Storage | Dishwasher
2 beds
2 baths
$2,550
Apartment for rent
4d ago
6 beds
3 baths
$3,000
Apartment for rent
4d ago
Linden Hills condo for rent in Minneapolis
2 beds
2 baths
$3,500
Condo for rent
4d ago
711 4th St Se, Minneapolis, MN 55414
In-unit laundry | Fitness center | Residents lounge
1–4 beds
1–2 baths
$600–$3,550
Apartment for rent
5d+ ago
6 beds
2 baths
$2,800
Apartment for rent
5d+ ago
6 beds
2 baths
$3,600
Apartment for rent
5d+ ago
1924 Emerson Ave S, Minneapolis, MN 55403
Air conditioning | On-site laundry | Central heat
Studio
1 bath
$895
Apartment for rent
5d+ ago
4422 Nicollet Ave, Minneapolis, MN 55419
On-site laundry | Central heat | Storage
1 bed
1 bath
$890
Apartment for rent
5d+ ago
5 beds
2 baths
$1,800–$2,600
Apartment for rent
5d+ ago
Como house for rent in Minneapolis
5 beds
2 baths
$2,795
House for rent
5d+ ago
Dinkytown house for rent in Minneapolis
5 beds
2 baths
$2,850
House for rent
5d+ ago
Marcy - Holmes house for rent in Minneapolis
6 beds
2 baths
$3,000
House for rent
5d+ ago
Dinkytown apartment for rent in Minneapolis
1221 8th St Se ## 23, Minneapolis, MN 55414
8 beds
4 baths
$4,200
Apartment for rent
5d+ ago
Como apartment for rent in Minneapolis
7 beds
3 baths
$3,200
Apartment for rent
5d+ ago
Como apartment for rent in Minneapolis
8 beds
3 baths
$3,200
Apartment for rent
5d+ ago
Dinkytown apartment for rent in Minneapolis
8 beds
3 baths
$3,600
Apartment for rent
5d+ ago
Dinkytown house for rent in Minneapolis
6 beds
2 baths
$3,600
House for rent
5d+ ago
Dinkytown house for rent in Minneapolis
4 beds
2 baths
$2,800
House for rent
5d+ ago
Dinkytown apartment for rent in Minneapolis
In-unit laundry | Air conditioning | Storage
8 beds
4 baths
$760
Apartment for rent
5h ago
Verified
3007 Irving Ave S #1, Minneapolis, MN 55408
Balcony | Hardwood floor | High ceilings
Studio
1 bath
$1,100
Apartment for rent
Available Jun 1
4d ago
Verified
4 beds
2 baths
$2,195
House for rent
4d ago
Verified
Air conditioning | Fitness center | Hardwood floor
1 bed
1 bath
$1,250
Apartment for rent
5d+ ago
Verified
350 26th Ave Ne, Minneapolis, MN 55418
Air conditioning | Garage parking | Central heat
2 beds
1 bath
$1,185
Apartment for rent
5d+ ago
Verified
4 beds
3 baths
$2,649
House for rent
Available Apr 1
5d+ ago
Verified
3 beds
1 bath
$1,700
Apartment for rent
5d+ ago
Verified
2 beds
1 bath
$1,375
Apartment for rent
2h ago
Verified
2424 Lyndale Ave S, Minneapolis, MN 55405
In-unit laundry | Furnished | Air conditioning
3 beds
3 baths
$5,853
Apartment for rent
2d ago
Verified
3811 W 31st St, Minneapolis, MN 55416
Air conditioning | On-site laundry | Central heat
1 bed
0 baths
$1,195
Apartment for rent
2d ago
Verified
1 bed
1 bath
$1,295–$1,795
Apartment for rent
3d ago
Verified
2 beds
1 bath
$2,943
Condo for rent
3d ago
Verified
Studio–1 bed
1 bath
$1,140–$1,371
Apartment for rent
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True Minneapolis is centered around three lakes: Lake of the Isles, Lake Calhoun, and Lake Harriet. If you live close to one of these guys, your life revolves around the water.
Once you're settled in your new apartment, go for a run, walk, bike or drive around the Big Three to familiarize yourself with your new grounds. It is incredibly easy to get around, so there's no excuse to miss out on what this city has to offer. Sit in the top section at a Twins game and catch the sun setting on the best view of downtown. Rent a speedboat and spend a sunny day on Lake Minnetonka. Bike to the stone arch bridge and watch the Mississippi roar beneath you. Minneapolis has a huge theatre scene, and actors come from all over the world with the hope of landing a role in a production at the Guthrie Theatre. People in this city are generally very supportive of the arts, which adds to the overall sense of community in Minneapolis. Winters are brutal, but Minnesotans get through them together. Let it snow!
With a stable government sector, and thriving commerce, finance, trucking, technology, industry and healthcare sectors, the Minneapolis-St.Paul metro is the second largest economic center in the Midwest. Fortune 500 companies with headquarters in Minneapolis include Ameriprise Financial, Target, Thrivent Financial, U.S. Bancorp, Valspar, and Xcel Energy. PepsiAmericas is based in St. Paul. And St. Paul-based Ecolab Inc., a global provider of water, hygiene and energy technologies and services, was recently added to the Fortune 500 and also named one of the “World’s Most Ethical Companies” by the Ethisphere Institute. As of 2015, the largest employers in Minneapolis were Target, Wells Fargo, HCMC, Hennepin County, Ameriprise, U.S. Bancorp, Xcel Energy, City of Minneapolis, RBC Wealth Management, the Star Tribune, Capella Education Company, Thrivent, CenturyLink, ABM Industries, and the Federal Reserve Bank of Minneapolis.
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Minneapolis residents appreciate the variety of cultural activities available, from music festivals to art galleries. The extensive park systems and proximity to lakes also draw affection, with many locals enjoying outdoor recreational opportunities year-round. The city's neighborhoods, each with its unique vibe, offer diverse dining options and shops. However, renters often cite issues with traffic congestion and the high cost of living as notable downsides, particularly in sought-after areas. Overall, the lively atmosphere and amenities make it an engaging place to live, though challenges like parking and affordability can detract from the experience.
Minneapolis's rental market offers a strong selection of listings, with an average of 3,849 available per month. The most common apartment sizes are 1-bedroom units, making up 40% of the market, followed by 2-bedroom units at 29%. Studios account for 16% of listings, while 3-bedroom apartments are relatively less common, at 9%.
Many Minneapolis apartments cater to pet owners, with a significant proportion allowing cats, small pets, or pets in general. In fact, over 75% of listings are pet-friendly, making Minneapolis a grea option for renters with furry friends. Keep in mind that these figures are based on historical data, but they should give you a sense of what to expect in the current market.
Minneapolis' rental market has experienced a slight decline in 2024, with the average monthly rent decreasing by 1.9% year-over-year to $1,561. Broken down by bed count, 1-bedrooms average $1,366 per month, a 4.5% decrease from 2023, while 2-bedrooms average $1,946, a 4.7% decrease. Studios average $1,102, a 3% decrease.
The market exhibits seasonal fluctuations, with August typically seeing the highest rent prices, 2.3% higher than May, the month with the lowest rent. July is the most competitive month, with higher demand relative to available inventory. Conversely, June and October are less competitive, with lower demand. If you're searching for a new apartment, prices may be slightly lower during the less competitive months, but the selection may be limited.
Minneapolis is characterized by a prevalence of high-rise buildings, which make up a significant portion of the city's properties. This style is often associated with modern amenities and urban living. According to data from Zumper's historical inventory over the last few years, high-rise buildings are the most common architectural style in Minneapolis, offering residents a range of options for city living. Architectural style in Minneapolis is representative of a subset of listings available on Zumper over the last few years.
Minneapolis offers a unique blend of urban living and natural beauty, with various neighborhoods catering to different lifestyles. At Zumper, we've analyzed our listings to determine which areas best fit your needs.
For those prioritizing social life, Downtown West, Warehouse District, Elliot Park, and Downtown East are ideal. These neighborhoods offer a high level of safety, an array of restaurants, excellent walk scores, and frequent public transportation.
Pet owners will appreciate Ventura Village, Shingle Creek, Bancroft, and Warehouse District, which feature pet-friendly amenities such as dedicated pet spaces, minimal pet deposits, and easy access to dog parks and outdoor spaces.
If you're looking for the most sought-after neighborhoods, consider Marcy-Holmes, Whittier, and Como. These areas have 1.62, 0.72, and 1.13 times more consumer interest than the market average, respectively, with 1-bedroom rents averaging $2065 per month.
At Zumper, we manually calculate lifestyle scores to ensure you find the perfect fit for your needs. Explore our listings to discover your ideal Minneapolis neighborhood.
For budget-conscious renters, Loring Park, Ventura Village, and Folwell offer affordable options, with 1-bedroom rents at $1170, $950, and $885 per month, respectively. These neighborhoods are 10%, 27%, and 32% lower than the city median, making them attractive choices for those prioritizing affordability.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
| 🔑Available apartment rentals | 3,090 |
|---|---|
| 💰Best rent deal | 711 4th St Se |
| ✨Popular amenities | , , |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |