What kinds of apartments are available to rent in Minneapolis, MN?

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.

How much does it cost to rent in Minneapolis, MN and when is it cheapest?

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.

What architectural styles are common in Minneapolis, MN apartments?

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.

What are the best neighborhoods for renters in Minneapolis, MN?

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.

What are the most affordable neighborhoods in Minneapolis, MN?

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.

Cheap Apartments for Rent in Minneapolis, MN - 449 Rentals from $350

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Studios for rent in Minneapolis, MN157 rentals

157 rentals

1 bedrooms for rent in Minneapolis, MN336 rentals

336 rentals

2 bedrooms for rent in Minneapolis, MN306 rentals

306 rentals

3 bedrooms for rent in Minneapolis, MN152 rentals

152 rentals

Furnished apartments in Minneapolis, MN41 rentals

41 rentals

Move-in special apartments in Minneapolis, MN33 rentals

33 rentals

No security deposit apartments in Minneapolis, MN

Pet friendly apartments in Minneapolis, MN439 rentals

439 rentals

Utilities included apartments in Minneapolis, MN76 rentals

76 rentals

Apartments near me

Bloomington apartments236 rentals

236 rentals

Brooklyn Center apartments37 rentals

37 rentals

Burnsville apartments69 rentals

69 rentals

Eden Prairie apartments81 rentals

81 rentals

Edina apartments127 rentals

127 rentals

Golden Valley apartments50 rentals

50 rentals

Hopkins apartments62 rentals

62 rentals

Minnetonka apartments59 rentals

59 rentals

Plymouth apartments118 rentals

118 rentals

St. Louis Park apartments142 rentals

142 rentals

Bronx Park apartments5 rentals

5 rentals

Cedar Isles - Dean apartments7 rentals

7 rentals

Elmwood apartments20 rentals

20 rentals

Fern Hill apartments6 rentals

6 rentals

Lenox apartments6 rentals

6 rentals

Linden Hills apartments9 rentals

9 rentals

Meadowbrook apartments5 rentals

5 rentals

Triangle apartments8 rentals

8 rentals

West Calhoun apartments49 rentals

49 rentals

Wolfe Park apartments14 rentals

14 rentals

2810 Fremont Ave S

301 17th Ave Ne

708 University Ave SE

Campus Apartments 700

Girard

Heights Apartments - 2616 Cedar

Laurel Village Apartments

Ridgebrook Apartments

The Link Minneapolis Low-Rise

Tree Tops Apartments

Apartments for rent in Minneapolis951 rentals

951 rentals

Low-income apartments in Minneapolis6 rentals

6 rentals

Luxury apartments in Minneapolis169 rentals

169 rentals

Short-term rentals in Minneapolis2 rentals

2 rentals

Under $1,000 apartments in Minneapolis

Under $1,500 apartments in Minneapolis

Under $800 apartments in Minneapolis

Cheap houses in Minneapolis127 rentals

127 rentals

Houses for rent in Minneapolis75 rentals

75 rentals

Luxury houses in Minneapolis1 rental

1 rental

Rooms for rent in Minneapolis6 rentals

6 rentals

1021 23rd Ave Ne, Minneapolis, MN 55418

10449 Mississippi Blvd Nw, Minneapolis, MN 55433

1083 18th Ave Se, Minneapolis, MN 55414

1085 18th Ave Se, Minneapolis, MN 55414

2623 Humboldt Ave N, Minneapolis, MN 55411

2827 North Aldrich Avenue, Minneapolis, MN 55411

2912 Clinton Ave, Minneapolis, MN 55408

3161 Park Ave, Minneapolis, MN 55407

4253 North James Avenue, Minneapolis, MN 55412

5553 42nd Ave S, Minneapolis, MN 55417

Looking for cheap apartments in Minneapolis, MN near you?

💸Lowest price	$350
🔑Available apartment rentals	449
💰Best rent deal	3142 Bloomington Ave
✨Popular amenities	, ,
🧦In-unit laundry
🍽With dishwasher
🏠With photos

Every month we review our top markets and provide insight, trends, top neighborhoods and more. You can view the rent report here.

For more in depth rent prices, check out our Minneapolis, MN rent data, which covers average and median rents in Minneapolis, MN.

To know how much rent you can afford in Minneapolis, MN, use our rent affordability calculator.

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