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 - 374 Rentals from $350

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Studios for rent in Minneapolis, MN181 rentals

181 rentals

1 bedrooms for rent in Minneapolis, MN369 rentals

369 rentals

2 bedrooms for rent in Minneapolis, MN324 rentals

324 rentals

3 bedrooms for rent in Minneapolis, MN149 rentals

149 rentals

Furnished apartments in Minneapolis, MN36 rentals

36 rentals

Move-in special apartments in Minneapolis, MN35 rentals

35 rentals

No security deposit apartments in Minneapolis, MN

Pet friendly apartments in Minneapolis, MN461 rentals

461 rentals

Utilities included apartments in Minneapolis, MN71 rentals

71 rentals

Apartments near me

Bloomington apartments240 rentals

240 rentals

Burnsville apartments86 rentals

86 rentals

Eden Prairie apartments87 rentals

87 rentals

Edina apartments100 rentals

100 rentals

Golden Valley apartments57 rentals

57 rentals

Hopkins apartments68 rentals

68 rentals

Minnetonka apartments73 rentals

73 rentals

Plymouth apartments104 rentals

104 rentals

Richfield apartments79 rentals

79 rentals

St. Louis Park apartments144 rentals

144 rentals

Cedar Isles - Dean apartments8 rentals

8 rentals

Elmwood apartments20 rentals

20 rentals

Fern Hill apartments4 rentals

4 rentals

Fulton apartments3 rentals

3 rentals

Linden Hills apartments40 rentals

40 rentals

Meadowbrook apartments4 rentals

4 rentals

Sorensen apartments6 rentals

6 rentals

Triangle apartments9 rentals

9 rentals

West Calhoun apartments49 rentals

49 rentals

Wolfe Park apartments11 rentals

11 rentals

Bottineau on the River

Rustic Lodge

The Link Minneapolis Low-Rise

Van Cleve Townhomes

Apartments for rent in Minneapolis1023 rentals

1023 rentals

Low-income apartments in Minneapolis6 rentals

6 rentals

Luxury apartments in Minneapolis170 rentals

170 rentals

Short-term rentals in Minneapolis

Under $1,000 apartments in Minneapolis

Under $1,500 apartments in Minneapolis

Under $800 apartments in Minneapolis

Cheap houses in Minneapolis136 rentals

136 rentals

Houses for rent in Minneapolis75 rentals

75 rentals

Luxury houses in Minneapolis1 rental

1 rental

Rooms for rent in Minneapolis7 rentals

7 rentals

1717 E Lake St, Minneapolis, MN 55407

2012 Laurel Ave, Minneapolis, MN 55405

211 79th Way Ne, Minneapolis, MN 55432

228 126th Ave Nw, Minneapolis, MN 55448

2327 Cole Avenue Southeast, Minneapolis, MN 55414

2709 Bloomington Ave, Minneapolis, MN 55407

2818 Dupont Ave N, Minneapolis, MN 55411

3300 Minnehaha Ave, Minneapolis, MN 55406

7730 Humboldt Avenue North, Minneapolis, MN 55444

821 Douglas Avenue, Minneapolis, MN 55403

Looking for cheap apartments in Minneapolis, MN near you?

💸Lowest price	$350
🔑Available apartment rentals	374
💰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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