How much is the average rent in Minneapolis, MN for 1-bedroom and 2-bedroom apartments?

Minneapolis 1-bedroom apartments averaged around $1,300 per month in 2025, while 2-bedroom units averaged around $1,700 monthly. These figures represent the current rental market across Minnesota's largest city, with 1-bedrooms making up 37% of available inventory and 2-bedrooms accounting for 26% of monthly listings.

When is the best time to look for an apartment in Minneapolis, MN?

May and December offer the best opportunities for Minneapolis apartment hunters, with May seeing the lowest rents and December representing the least competitive period. October has the highest rent with approximately a 3.9% difference between peak and off-peak months, while March emerges as the most competitive month with higher demand relative to available inventory.

What are the best neighborhoods to rent an apartment in Minneapolis, MN?

Elliot Park and North Loop excel for renters seeking vibrant social scenes, offering high walk scores and excellent transit access throughout Minneapolis. Downtown East and Downtown West provide abundant restaurants and well-developed street infrastructure that support an active urban lifestyle. CARAG and Marcy-Holmes represent premium options, both averaging around $2,910 monthly for 1-bedroom apartments.

What areas of Minneapolis, MN are best for budget-conscious renters?

Loring Park offers Minneapolis's most affordable option at around $1,070 per month, followed closely by Stevens Square at around $1,100 monthly. Folwell provides another budget-friendly choice at around $1,100 per month, while Whittier and Lyndale offer 1-bedroom apartments 19% and 21% below the city median respectively.

Are there pet-friendly apartments in Minneapolis, MN?

Minneapolis offers excellent options for pet owners, with 66% of rental listings welcoming pets across the city. Cedar Isles-Dean, Loring Park, Elliot Park, and North Loop provide exceptional pet amenities including dog parks, pet waste stations, and outdoor spaces. Many apartments in these neighborhoods feature pet-friendly flooring and dedicated pet spaces.

Are utilities usually included in rent in Minneapolis, MN?

Utilities are rarely included in Minneapolis rental prices, appearing in less than 1% of available listings across all apartment types. Studios, 1-bedrooms, 2-bedrooms, and 3-bedrooms all show utilities included in approximately 0.03% to 0.06% of their respective inventories, making utility-inclusive rentals uncommon throughout Minnesota's largest city.

Are most apartments in Minneapolis, MN largely older buildings or new developments?

High-rise buildings account for the majority of rental properties in Minneapolis, reflecting the city's urban development patterns and density needs. These tall residential structures typically feature modern amenities and efficient layouts designed to maximize living space, allowing Minneapolis to accommodate more residents within its urban core while providing contemporary living spaces.

Cheap Apartments for Rent in Minneapolis, MN

567 rentals

5d+ ago

7.9

Very good

3142-44 Bloomington Ave

3142 Bloomington Ave, Minneapolis, MN 55407

Affordable

Studio–3 beds

1 bath

$350–$1,600

Apartment for rent

5d+ ago

Cheap Cleveland house for rent in Minneapolis

3311 Thomas Ave N, Minneapolis, MN 55412

Affordable | In-unit laundry | Dishwasher

1 bed

1 bath

$600

House for rent

Available Apr 9

Top amenities

High Ceilings

In-Unit Laundry

Microwave

On-Site Laundry

3d ago

8.3

Very good

Shelby Commons

188 Glenwood Ave, Minneapolis, MN 55405

Affordable

1–3 beds

1–2 baths

$624–$1,927

Apartment for rent

1816 Independence Ave N #2 - Photo 1 of 1

4d ago

Cheap apartment for rent in Minneapolis

$660 - 1 Private Bedroom in house with Shared Space

1816 Independence Ave N #2, Minneapolis, MN 55427

Affordable | On-site laundry | Assigned parking

1 bed

1 bath

$660

Apartment for rent

Available Jun 1

Top amenities

Air Conditioning

Assigned Parking

Central Heat

Hardwood Floor

On-Site Laundry

5d+ ago

7.7

Very good

Spruce Place Apartments

1365 Spruce Pl, Minneapolis, MN 55403

Affordable

1 bed

1 bath

$695–$975

Price drop

Apartment for rent

5d+ ago

Cheap Dinkytown apartment for rent in Minneapolis

Affordable | In-unit laundry

12 beds

3 baths

$725

Apartment for rent

Top amenities

In-Unit Laundry

On-Site Laundry

Nearby rental good for eco-living

$624–$1,927

188 Glenwood Ave

Nearby rental good for pet owners

$600–$3,550

711 4th St Se

5d+ ago

6.6

Good

709 7th St SE

709 7th St Se, Minneapolis, MN 55414

Affordable

6 beds

2–3 baths

$775

Apartment for rent

21h ago

8.8

Very good

16 - 22 Oak Grove

22 Oak Grove St, Minneapolis, MN 55403

Affordable | On-site laundry | Central heat

1–2 beds

1 bath

$875–$1,000

Apartment for rent

Top amenities

On-Site Laundry

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1d ago

8.6

Very good

Broadway 2407

2407 W Broadway Ave, Minneapolis, MN 55411

Affordable | On-site laundry

1–2 beds

1 bath

$875–$975

Apartment for rent

Top amenities

On-Site Laundry

14h ago

8.6

Very good

800-UNIV

800 University Ave Se, Minneapolis, MN 55414

Affordable | On-site laundry | Central heat

1–2 beds

1 bath

$890–$1,300

Apartment for rent

Top amenities

On-Site Laundry

Find sweet deals in Minneapolis

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$975

2407 W Broadway Ave

$995

3255 Logan Ave N #2

$1,100

1082 11th Ave Se

$1,100–$1,160

155 Cedar Lake Rd N

Rent special

11h ago

8.8

Very good

Colfax Terrace

3435 Colfax Ave S, Minneapolis, MN 55408

Affordable | On-site laundry | Garage parking

Studio–2 beds

1 bath

$895–$1,395

Apartment for rent

Top amenities

Assigned Parking

Central Heat

Elevator

Hardwood Floor

On-Site Laundry

On-Site Management

4m ago

8.3

Very good

2101 3rd Ave

2101 3rd Ave S, Minneapolis, MN 55404

Affordable | On-site laundry

1–2 beds

1 bath

$900–$1,075

Apartment for rent

Top amenities

On-Site Laundry

5d+ ago

8.3

Very good

2014 3rd Ave

2014 3rd Ave S, Minneapolis, MN 55404

Affordable | On-site laundry

1–2 beds

1 bath

$900–$1,339

Apartment for rent

Top amenities

On-Site Laundry

736 East 16th Street (New Town) - Photo 1 of 1

1d ago

8.4

Very good

736 East 16th Street (New Town)

736 E 16th St, Minneapolis, MN 55404

Affordable

1–2 beds

1 bath

$917–$1,100

Apartment for rent

8 Bedroom house w/ 3 bathrooms, 3 kitchens - Photo 1 of 1

3d ago

8.5

Very good

8 Bedroom house w/ 3 bathrooms, 3 kitchens

415 4th St Se, Minneapolis, MN 55414

Affordable

1–8 beds

1–3 baths

$975–$4,000

Apartment for rent

Fremont Apartments | 3300 - Photo 1 of 1

13h ago

8.3

Very good

Fremont Apartments | 3300

3300 Fremont Ave S, Minneapolis, MN 55408

Affordable | On-site laundry | Garage parking

2 beds

1 bath

$995

Apartment for rent

Top amenities

Hardwood Floor

On-Site Laundry

1d ago

Cheap Folwell house for rent in Minneapolis

Logan 3255 - 2

3255 Logan Ave N #2, Minneapolis, MN 55412

Affordable | On-site laundry | Garage parking

2 beds

1 bath

$1,195

$995

Price drop

House for rent

Available May 8

Top amenities

Garage Parking

On-Site Laundry

18h ago

8.3

Very good

1062-11

1062 11th Ave Se, Minneapolis, MN 55414

Affordable

2–3 beds

1 bath

$1,050–$1,600

Apartment for rent

18h ago

9.4

Excellent

The Marshall

1011 Marshall St Ne, Minneapolis, MN 55413

Affordable | On-site laundry | Dishwasher

Studio–2 beds

1 bath

$1,065–$1,550

Apartment for rent

Top amenities

Air Conditioning

Central Heat

On-Site Laundry

Oven

4h ago

9.4

Excellent

815-13TH

815 13th Ave Se, Minneapolis, MN 55414

Affordable | In-unit laundry | Dishwasher

1–4 beds

1–2 baths

$1,100–$13,000

Apartment for rent

Top amenities

Air Conditioning

Dishwasher

Fitness Center

On-Site Laundry

Residents Lounge

Wi-Fi

21h ago

8.3

Very good

1082-11

1082 11th Ave Se, Minneapolis, MN 55414

Affordable

2 beds

1 bath

$1,100

Apartment for rent

1d ago

8.4

Very good

3040 Pleasant Ave

3040 Pleasant Ave, Minneapolis, MN 55408

Affordable | In-unit laundry

2 beds

1 bath

$1,100–$1,160

Apartment for rent

Top amenities

In-Unit Laundry

On-Site Laundry

155 Cedar Lake Road North - Photo 1 of 1

1d ago

9.2

Excellent

155 Cedar Lake Road North

155 Cedar Lake Rd N, Minneapolis, MN 55405

Affordable | On-site laundry | Dishwasher

2 beds

1 bath

$1,100–$1,160

Apartment for rent

Top amenities

On-Site Laundry

5d+ ago

Cheap Longfellow apartment for rent in Minneapolis

2807 E 29th St #6, Minneapolis, MN 55406

Affordable

2 beds

1 bath

$1,100

Apartment for rent

Available Jun 1

5d+ ago

Cheap Folwell apartment for rent in Minneapolis

Affordable | In-unit laundry | On-site management

2 beds

1 bath

$1,100

Apartment for rent

Available Apr 10

Top amenities

In-Unit Laundry

On-Site Laundry

On-Site Management

5d+ ago

8.9

Very good

Eat Street Apartments

2530 Blaisdell Ave, Minneapolis, MN 55404

Affordable

2 beds

1 bath

$1,140

Apartment for rent

5d+ ago

7.7

Very good

3718 Oakland Ave S

3718 Oakland Ave, Minneapolis, MN 55407

Affordable

2 beds

1 bath

$1,150

Apartment for rent

5d+ ago

Cheap Whittier apartment for rent in Minneapolis

Seasonal Discount on Whittier Neighborhood Tri-Plex Unit

2742 Grand Ave S #1, Minneapolis, MN 55408

Affordable | In-unit laundry | Assigned parking

2 beds

1 bath

$1,150

Apartment for rent

Top amenities

Assigned Parking

Hardwood Floor

In-Unit Laundry

Microwave

On-Site Laundry

Storage

5d+ ago

Cheap Hiawatha apartment for rent in Minneapolis

4348 Minnehaha Ave #2, Minneapolis, MN 55406

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,245

$1,155

Price drop

Apartment for rent

Available Jun 15

Top amenities

Ceiling Fan

Hardwood Floor

In-Unit Laundry

On-Site Laundry

Package Service

Storage

Highly rated

1d ago

8.9

Very good

Park and Franklin Lofts

1935 Park Ave, Minneapolis, MN 55404

Affordable | On-site laundry | Garage parking

1–3 beds

1 bath

$1,165–$1,938

Apartment for rent

Top amenities

Elevator

On-Site Laundry

Fully Renovated Handicap Accessible Multi - Photo 1 of 1

18h ago

8.8

Very good

Fully Renovated Handicap Accessible Multi

4429 Nicollet Ave, Minneapolis, MN 55419

Affordable | On-site laundry | Hardwood floor

1–3 beds

1 bath

$1,195–$1,999

Apartment for rent

Top amenities

On-Site Laundry

5d+ ago

Excellent

2626 Fremont Ave S

2626 Fremont Ave S, Minneapolis, MN 55408

Affordable | Central heat

2 beds

1 bath

$1,199

Apartment for rent

18h ago

8.9

Very good

811-28TH

811 28th Ave S, Minneapolis, MN 55454

Affordable

2 beds

1 bath

$1,200

Apartment for rent

1d ago

Excellent

21 - 1728 Third

1728 3rd Ave S, Minneapolis, MN 55404

Affordable | On-site laundry | Central heat

2 beds

1 bath

$1,200

Apartment for rent

Top amenities

On-Site Laundry

2d ago

Cheap Wenonah house for rent in Minneapolis

Charming 3 Bed 1 Bath Single Family Home in Minneapolis - $1200 - Available 06/01/2026

5788 24th Ave S, Minneapolis, MN 55417

Affordable | In-unit laundry | Garage parking

3 beds

1 bath

$2,700

$1,200

Price drop

House for rent

Available Jun 1

Top amenities

Air Conditioning

Garage Parking

In-Unit Laundry

11h ago

Excellent

2122 Grand Ave S

2122 Grand Ave S, Minneapolis, MN 55405

Affordable | Assigned parking | Carpet

2 beds

1 bath

$1,225–$1,250

Apartment for rent

4d ago

Excellent

2020 Pillsbury Arms

2020 Pillsbury Ave S, Minneapolis, MN 55404

Affordable | On-site laundry | Storage

2 beds

1 bath

$1,235

Apartment for rent

Top amenities

On-Site Laundry

On-Site Management

13h ago

Excellent

2001 Bryant Ave S

2001 Bryant Ave S, Minneapolis, MN 55405

Affordable | Central heat

2 beds

1 bath

$1,250

Apartment for rent

20h ago

8.6

Very good

1004 7th St SE

1004 7th St Se, Minneapolis, MN 55414

Affordable

1–3 beds

1–2 baths

$1,250–$2,100

Apartment for rent

4d ago

8.3

Very good

516 5th St SE

516 5th St Se, Minneapolis, MN 55414

Affordable

2–3 beds

1 bath

$1,250–$1,650

Apartment for rent

5d+ ago

Cheap apartment for rent in Minneapolis

4200 Lake Breeze Ave #1, Minneapolis, MN 55429

Affordable | On-site management | Hardwood floor

2 beds

1 bath

$1,250

Apartment for rent

Available May 22

Top amenities

On-Site Management

5d+ ago

Cheap Hawthorne apartment for rent in Minneapolis

Affordable | In-unit laundry | Storage

2 beds

1 bath

$1,250

Apartment for rent

Available May 1

Top amenities

In-Unit Laundry

On-Site Management

5d+ ago

8.3

Very good

2884 Irving Ave. S.

2884 Irving Ave S, Minneapolis, MN 55408

Affordable

2 beds

1 bath

$1,255

Apartment for rent

1d ago

Excellent

2324 Bryant Ave S

2324 Bryant Ave S, Minneapolis, MN 55405

Affordable | Central heat

2 beds

1 bath

$1,265

Apartment for rent

12h ago

8.4

Very good

960-19TH

960 19th Ave Ne, Minneapolis, MN 55418

Affordable

2 beds

1 bath

$1,275

Apartment for rent

5d+ ago

Cheap Willard-Hay apartment for rent in Minneapolis

2006 Penn Ave N #1, Minneapolis, MN 55411

Affordable | On-site management

2 beds

1 bath

$1,275

Apartment for rent

Available May 18

Top amenities

On-Site Management

Income restricted

19h ago

Excellent

4001 Bryant Ave N

4001/4003 Bryant Avenue N., Minneapolis, MN 55412

Affordable | In-unit laundry | Hardwood floor

2 beds

1 bath

$1,295

Apartment for rent

Top amenities

Air Conditioning

Hardwood Floor

In-Unit Laundry

On-Site Laundry

1d ago

Excellent

2655 Colfax Ave S

2655 Colfax Ave S, Minneapolis, MN 55408

Affordable

2 beds

1 bath

$1,295–$1,360

Apartment for rent

1d ago

9.3

Excellent

Isles East

1101 W 28th St, Minneapolis, MN 55408

Affordable | On-site laundry | Storage

2 beds

1 bath

$1,295–$1,395

Apartment for rent

Top amenities

On-Site Laundry

5d+ ago

8.2

Very good

College Park

982 15th Ave Se, Minneapolis, MN 55414

Affordable | On-site laundry | Assigned parking

2 beds

1 bath

$1,295–$1,445

Apartment for rent

Top amenities

Dishwasher

On-Site Laundry

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Home > Apartments in Minneapolis > Minneapolis Cheap Apartments For Rent

Updated: June 3, 2026

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