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 - 416 Rentals from $350

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Studios for rent in Minneapolis, MN187 rentals

187 rentals

1 bedrooms for rent in Minneapolis, MN426 rentals

426 rentals

2 bedrooms for rent in Minneapolis, MN368 rentals

368 rentals

3 bedrooms for rent in Minneapolis, MN161 rentals

161 rentals

Furnished apartments in Minneapolis, MN43 rentals

43 rentals

Move-in special apartments in Minneapolis, MN45 rentals

45 rentals

No security deposit apartments in Minneapolis, MN

Pet friendly apartments in Minneapolis, MN525 rentals

525 rentals

Utilities included apartments in Minneapolis, MN72 rentals

72 rentals

Apartments near me

Bloomington apartments259 rentals

259 rentals

Burnsville apartments97 rentals

97 rentals

Eden Prairie apartments98 rentals

98 rentals

Edina apartments124 rentals

124 rentals

Golden Valley apartments60 rentals

60 rentals

Hopkins apartments73 rentals

73 rentals

Minnetonka apartments61 rentals

61 rentals

Plymouth apartments108 rentals

108 rentals

Richfield apartments77 rentals

77 rentals

St. Louis Park apartments164 rentals

164 rentals

Birchwood apartments5 rentals

5 rentals

Cedar Isles - Dean apartments7 rentals

7 rentals

Elmwood apartments17 rentals

17 rentals

Fulton apartments22 rentals

22 rentals

Linden Hills apartments54 rentals

54 rentals

Meadowbrook apartments6 rentals

6 rentals

Sorensen apartments7 rentals

7 rentals

Triangle apartments13 rentals

13 rentals

West Calhoun apartments51 rentals

51 rentals

Wolfe Park apartments12 rentals

12 rentals

HERE Minneapolis Apartments

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Rustic Lodge

Tree Tops Apartments

Apartments for rent in Minneapolis1142 rentals

1142 rentals

Low-income apartments in Minneapolis8 rentals

8 rentals

Luxury apartments in Minneapolis172 rentals

172 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 Minneapolis132 rentals

132 rentals

Houses for rent in Minneapolis75 rentals

75 rentals

Luxury houses in Minneapolis4 rentals

4 rentals

Rooms for rent in Minneapolis6 rentals

6 rentals

1204 Minneapolis, MN 55403

1826 Franklin Ave Se, Minneapolis, MN 55414

2545 Garfield Ave, Minneapolis, MN 55405

2623 North Humboldt Avenue, Minneapolis, MN 55411

3007 Irving Ave S, Minneapolis, MN 55408

3233 20th Ave S, Minneapolis, MN 55407

3549 3547/3 Halifax Ave N, Minneapolis, MN 55422

5105 Girard Ave N, Minneapolis, MN 55430

5620 Humboldt Ave S, Minneapolis, MN 55419

601 Main St Ne, Minneapolis, MN 55413

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💸Lowest price	$350
🔑Available apartment rentals	416
💰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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