Apartments for Rent in Downtown West, Minneapolis, MN

Downtown West, Minneapolis apartment availability

Downtown West, Minneapolis offers a strong selection of rental listings, with an average of 106 rentals available each month in 2024. The majority of rentals in this neighborhood are 1-bedroom apartments, followed by 2-bedroom and studio apartments. Many of these apartments cater to pet owners, with over 85% allowing pets with some restrictions. This makes Downtown West a great option for renters with furry friends. With its convenient location and variety of rentals, Downtown West is a popular choice for those looking for a place to call home in Minneapolis.

Downtown West, Minneapolis rental market trends

The Downtown West neighborhood in Minneapolis saw a decline in average rent prices over the past year, with a 5.8% decrease to $1,516 per month. However, 1-bedroom apartments bucked this trend, with a 2.7% increase to $1,437 per month. The average rent for a 2-bedroom apartment is around $2,056, while studios average $1,155 per month.

In terms of seasonality, January typically sees the highest rent prices, with a 7.4% increase compared to July, the month with the lowest rent prices. This suggests that renters may find better deals during the summer months. Additionally, the data indicates that the rental market in Downtown West is less competitive during the summer, making it a potentially good time to find a new apartment.

Why Downtown West, Minneapolis is a great place to live

Downtown West is a hub for renters who prioritize social life and fitness wellness. With its excellent street infrastructure, variety of restaurants, and frequent transit options, this neighborhood is perfect for those who love to explore and connect with others. The high walk score and emphasis on safety also make it an attractive choice for social butterflies.

For fitness enthusiasts, Downtown West offers a range of amenities, including onsite gym equipment, parks and recreation areas, and numerous gyms, yoga studios, and fitness centers. The neighborhood also hosts health and wellness events, making it easy to prioritize self-care. With features like soundproofing and low VOC materials, renters can enjoy a healthy and balanced lifestyle in Downtown West. If you're looking for a vibrant community that supports your active lifestyle, Downtown West is an excellent option.