Apartments for Rent in Lyndale, Minneapolis, MN

Lyndale, Minneapolis apartment availability

Lyndale's rental market offers a good selection of listings, with an average of about 54 rentals available each month. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and studio apartments, as well as some 3-bedroom options. Many of these apartments cater to pet owners, with nearly 50% allowing small pets or having pet-friendly policies with some restrictions. This makes Lyndale a great option for renters with furry friends. With its varied housing stock and accommodating amenities, Lyndale is a neighborhood worth considering for those looking for a place to call home in Minneapolis.

Lyndale, Minneapolis rental market trends

Lyndale, Minneapolis, is experiencing a moderate increase in rent prices, with the average monthly rent across all property types rising 5.6% year-over-year to $1,085 in 2024. The most notable increases are seen in studios, with a 5.8% jump to $856 per month, and 1-bedrooms, with a 2.4% increase to $1,022 per month. In contrast, 2-bedrooms and 3-bedrooms have experienced slight decreases, with average rents now at $1,400 and $1,756, respectively.

Renters should be aware that December is the most expensive month to rent in Lyndale, with prices 13.4% higher than in March, the least expensive month. This trend suggests that renters looking for a better deal should consider apartment hunting in the spring, when prices are lower and there may be more units available. Overall, Lyndale's rent market is characterized by moderate growth, with some fluctuations in prices depending on the time of year and property type.

Why Lyndale, Minneapolis is a great place to live

Lyndale is a top choice for renters who value social living and pet ownership. According to data, the neighborhood's restaurant scene, safety, and transit frequency make it an ideal spot for those who enjoy getting out and about with friends. Additionally, Lyndale's walk score and street infrastructure add to its social appeal. Pet owners will also appreciate the neighborhood's pet-friendly features, including outdoor spaces, pet-safe windows, and a lack of breed restrictions. With pet events and designated pet areas, Lyndale is a great place to call home for both renters and their furry companions.