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 - 444 Rentals from $350

Skip to navigation Skip to main content Skip to footer

Studios for rent in Minneapolis, MN158 rentals

158 rentals

1 bedrooms for rent in Minneapolis, MN346 rentals

346 rentals

2 bedrooms for rent in Minneapolis, MN341 rentals

341 rentals

3 bedrooms for rent in Minneapolis, MN149 rentals

149 rentals

Furnished apartments in Minneapolis, MN43 rentals

43 rentals

Move-in special apartments in Minneapolis, MN51 rentals

51 rentals

No security deposit apartments in Minneapolis, MN

Pet friendly apartments in Minneapolis, MN486 rentals

486 rentals

Utilities included apartments in Minneapolis, MN84 rentals

84 rentals

Bloomington apartments233 rentals

233 rentals

Burnsville apartments60 rentals

60 rentals

Eden Prairie apartments71 rentals

71 rentals

Edina apartments108 rentals

108 rentals

Golden Valley apartments56 rentals

56 rentals

Hopkins apartments58 rentals

58 rentals

Minnetonka apartments60 rentals

60 rentals

Plymouth apartments100 rentals

100 rentals

Richfield apartments38 rentals

38 rentals

St. Louis Park apartments150 rentals

150 rentals

Birchwood apartments5 rentals

5 rentals

Cedar Isles - Dean apartments12 rentals

12 rentals

Elmwood apartments16 rentals

16 rentals

Fern Hill apartments5 rentals

5 rentals

Linden Hills apartments43 rentals

43 rentals

Meadowbrook apartments6 rentals

6 rentals

Sorensen apartments7 rentals

7 rentals

Triangle apartments8 rentals

8 rentals

West Calhoun apartments57 rentals

57 rentals

Wolfe Park apartments16 rentals

16 rentals

Ridgebrook Apartments

Rustic Lodge

Sanctuary Lofts

The Link Minneapolis Low-Rise

Van Cleve Townhomes

Apartments for rent in Minneapolis994 rentals

994 rentals

Low-income apartments in Minneapolis6 rentals

6 rentals

Luxury apartments in Minneapolis170 rentals

170 rentals

Short-term rentals in Minneapolis1 rental

1 rental

Under $1,000 apartments in Minneapolis

Under $1,500 apartments in Minneapolis

Under $800 apartments in Minneapolis

Cheap houses in Minneapolis142 rentals

142 rentals

Houses for rent in Minneapolis82 rentals

82 rentals

Luxury houses in Minneapolis4 rentals

4 rentals

Rooms for rent in Minneapolis6 rentals

6 rentals

1057 13th Ave Se, Minneapolis, MN 55414

1311 W 82nd St, Minneapolis, MN 55420

2424 Chicago Ave S, Minneapolis, MN 55404

2425 1st Ave S, Minneapolis, MN 55404

3408 3rd Ave S Uppr Level, Minneapolis, MN 55408

3408 3rd Ave S, Minneapolis, MN 55408

4829 Vincent Ave S, Minneapolis, MN 55410

5211 North 4th Street, Minneapolis, MN 55430

645 N 1st St, Minneapolis, MN 55401

99 E 54th St, Minneapolis, MN 55419

Looking for cheap apartments in Minneapolis, MN near you?

💸Lowest price	$350
🔑Available apartment rentals	444
💰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.

If you're looking for a specific type of apartment near Minneapolis, MN, use our helpful filters to find an apartment you will love!

Popular filters

Pets

Deals

Lifestyle

Zumper Expert Rating

Lease length

Price category

Specialty housing

Laundry

In building

In unit

Amenities

Listing features

Square feet

Cheap Apartments for Rent in Minneapolis, MN

Nearby rental good for eco-living

Nearby rental good for pet owners

Nearby rental good for social life

Find sweet deals in Minneapolis

Browse rentals in Minneapolis by popular searches

We've got Homes and Apartments for Rent in Popular Cities.

Browse apartments by bedrooms

Browse apartments by amenities

Available rentals in cities near Minneapolis, MN

Available rentals in Minneapolis, MN popular neighborhoods

Browse apartment buildings in Minneapolis

Property types near Minneapolis

Find addresses in Minneapolis

Looking for cheap apartments in Minneapolis, MN near you?