Apartments for Rent in Lowry Hill, Minneapolis, MN

Lowry Hill, Minneapolis apartment availability

Lowry Hill's rental market offers a good selection of listings, with an average of about 31 rentals available each month. The majority of rentals in the area are 1-bedroom apartments, followed by studios. Many apartments in Lowry Hill feature central heat, a desirable amenity for Minneapolis renters. Additionally, nearly half of the apartments in the area allow pets, with some having restrictions, making it a suitable neighborhood for pet owners. With a range of options and amenities, Lowry Hill is worth considering for those looking for a rental in Minneapolis.

Lowry Hill, Minneapolis rental market trends

Lowry Hill, Minneapolis, is experiencing a modest rent growth, with a 3.7% year-over-year increase in average monthly rent across all property types, reaching $1,123. One-bedroom apartments saw a 4.6% increase, averaging $1,128 per month, while studios remained relatively stable, with a 0.3% decrease to $873. In contrast, larger units experienced significant decreases, with two-bedroom apartments dropping 13.9% to $1,727 and three-bedroom apartments plummeting 33.8% to $2,295.

The summer months reveal an interesting trend, with July having the highest rent, 16.4% higher than June, the month with the lowest rent. This indicates that renters may find better deals in the early summer, while those looking for a place in July can expect to pay a premium. Overall, Lowry Hill's rent market is characterized by a mix of moderate growth and notable decreases, depending on the type of accommodation.

Why Lowry Hill, Minneapolis is a great place to live

Lowry Hill is a top choice for Minneapolis renters who prioritize social living and environmental sustainability. According to 2024 data, apartments in this neighborhood often feature eco-friendly amenities like non-toxic paint, waste recycling, and rainwater harvesting, making it an ideal spot for renters seeking a sustainable lifestyle. The neighborhood's high walk score and access to parks and recreation areas further support an environmentally conscious lifestyle. Additionally, Lowry Hill's vibrant social scene is fueled by its restaurant options, safe streets, and convenient transit options, making it easy to get out and about with friends. Overall, Lowry Hill offers a unique blend of eco-friendliness and social opportunities, making it a standout neighborhood in Minneapolis.