Bedroom count
Property type
Last updated on November 5, 2026
Average rent in
Minneapolis, MN
Average rent in
Last updated on November 5, 2026
Bedroom count
Property type
Key takeaways for renters
Where Minneapolis rent stands today
Minneapolis, MN rent rose 2.8% year over year, with a current median of $1,555/month. Renters today are paying $43 more per month on average than last year, and the median rent is at the peak level reached in October 2026.
Compared to national trends
Minneapolis sits 18.2% more affordable than the $1,900/month national median, positioning it as a mid-tier metro with 1,041 total rentals offering a moderate choice for renters.
Price ranges
Studios in Minneapolis run around $1,050/month, 1-bedrooms around $1,295/month, 2-bedrooms around $1,758/month, and 3-bedrooms around $1,995/month, with 4+ bedrooms reaching $3,220/month. Apartments make up 77.6% of rentals, while houses rent for a median of $2,400/month.
Neighborhood spotlight
Kenwood rents fell 73.0% year over year to $1,350/month across 20 rentals, and Summer Glenwood dropped 64.5% to $1,595/month with 14 rentals. These declines contrast with the citywide 2.8% rise, showing localized market shifts.
Median rent
Median rent in Minneapolis
$1,555/mo
3%vs previous year
The average rent in Minneapolis is $1,555 per month as of October 2026. This is 18% below the national average rent, or $345 less per month.
average price per square foot
Total rentals
Available rentals in Minneapolis
1,041
for rent on Zumper.com as of October 2026
Rent price distribution
Share of Minneapolis rentals at each price point
Rent trends in Minneapolis, MN
Average rent prices in Minneapolis have increased by 5% over the last month and have increased by 3% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Minneapolis, MN
Rent prices in Minneapolis vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Minneapolis is $1,490, whereas a house costs $2,400. 1-bedroom apartments in Minneapolis run $1,262 on average, while 2-bedroom apartments are $1,741.
Listings | ||||
|---|---|---|---|---|
Studio | $1,050 | No Change | No Change | |
1 bedroom | $1,295 |  1% | 3% | |
2 bedroom | $1,758 | No Change | 2% | |
3 bedroom | $1,995 | 2% | 1% | |
4 bedroom | $3,220 | 12% | 4% |
Listings | ||
|---|---|---|
Como | $3,000 | |
Dinkytown | $3,255 | |
Downtown West | $1,689 | |
Loring Park | $1,250 | |
Lowry Hill East | $1,168 | |
Marcy Holmes | $1,690 | |
Nicollet Island | $1,677 | |
Prospect Park | $1,690 | |
West Calhoun | $1,503 | |
Whittier | $1,145 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,490 | 3% | 3% | |
Condos | $1,895 | No Change | 4% | |
Houses | $2,400 | 6% | 7% | |
Rooms | $1,005 | 5% | 8% |
Studio
Average rent
$1,050
Last 30 days
No Change
Last year
No Change
1 bedroom
Average rent
$1,295
Last 30 days
1%
Last year
3%
2 bedroom
Average rent
$1,758
Last 30 days
No Change
Last year
2%
3 bedroom
Average rent
$1,995
Last 30 days
2%
Last year
1%
4 bedroom
Average rent
$3,220
Last 30 days
12%
Last year
4%
Whittier
Average rent
$1,145
Marcy Holmes
Average rent
$1,690
Dinkytown
Average rent
$3,255
Loring Park
Average rent
$1,250
Como
Average rent
$3,000
Nicollet Island
Average rent
$1,677
Prospect Park
Average rent
$1,690
Downtown West
Average rent
$1,689
Lowry Hill East
Average rent
$1,168
West Calhoun
Average rent
$1,503
Apartments
Average rent
$1,490
Last 30 days
3%
Last year
3%
Condos
Average rent
$1,895
Last year
4%
Houses
Average rent
$2,400
Last 30 days
6%
Last year
7%
Rooms
Average rent
$1,005
Last 30 days
5%
Last year
8%
The table above reflects average rent prices in Minneapolis, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Minneapolis, MN compare to other cities?
Compare median rent prices in Minneapolis and Arden Hills by all bedroom counts and property types.
Minneapolis
18%lower than the national median
24%lower than the national median
Takeaway
The median rent for all rentals in Minneapolis, MN is 7% higher than the median rent in Arden Hills, MN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,450
9%$1,618
3%$1,593
18%$1,499
7%$1,600
$1,842
12%$1,795
6%$2,081
5%$1,945
3%$1,445
4%$1,599
3%$1,399
Cost of living in Minneapolis, MN
Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.
Expenses accrued by most renters | Average cost compared to national average |
|---|---|
| Goods & Services | 3% lower |
| Groceries | 1% higher |
| Health | 5% higher |
| Housing | 19% lower |
| Transportation | 6% lower |
| Utilities | 5% lower |
Discover rentals in Minneapolis, MN
2d ago
3142 Bloomington Ave, Minneapolis, MN 55407
Studio–3 beds
1 bath
$350–$1,600
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
188 Glenwood Ave, Minneapolis, MN 55405
1–3 beds
1–2 baths
$586–$2,023
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
4d ago
Folwell apartment for rent in Minneapolis
3706 Penn Ave N #1, Minneapolis, MN 55412
1 bed
1 bath
$650
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Nov 1
37m ago
3230 Penn Ave N, Minneapolis, MN 55412
1–2 beds
1 bath
$925–$995
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Downtown East condo for rent in Minneapolis
700 S 2nd St #W31, Minneapolis, MN 55401
2 beds
1.5 baths
$13,000
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Condo for rent
7h ago
Verified
1111 3rd Ave S, Minneapolis, MN 55404
Studio–5 beds
1–3 baths
$2,393–$11,204
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
5d+ ago
Warehouse District townhouse for rent in Minneapolis
406 River St, Minneapolis, MN 55401
5 beds
3.5 baths
$8,995
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
7h ago
Verified
4 beds
3 baths
$8,076
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
1d ago
Verified
1254 Hennepin Avenue, Minneapolis, MN 55403
Studio–2 beds
1–2 baths
$1,100–$2,300
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Feb 10
1d ago
Verified
5840 73rd Avenue North, Minneapolis, MN 55429
1–2 beds
1 bath
$1,315–$1,565
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available Jun 30
1d ago
Verified
3535 Bryant Ave S, Minneapolis, MN 55408
Studio–2 beds
1–2 baths
$1,199–$1,765
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
18h ago
Verified
111 Marquette Ave, Minneapolis, MN 55401
1–2 beds
1–2 baths
$1,483–$3,110
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
18h ago
Verified
111 Marquette Ave, Minneapolis, MN 55401
1–2 beds
1–2 baths
$1,483–$3,110
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
1h ago
Verified
115 2nd Ave S, Minneapolis, MN 55401
Studio–2 beds
1 bath
$1,295–$1,715
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
18h ago
Verified
350 26th Ave Ne, Minneapolis, MN 55418
1 bed
1 bath
$1,205
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
21h ago
Verified
3031 Ewing Ave S, Minneapolis, MN 55416
1–2 beds
0–2 baths
$1,195–$1,525
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
Verified
1254 Hennepin Avenue, Minneapolis, MN 55403
Studio–2 beds
1–2 baths
$1,100–$2,300
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Feb 10
1d ago
Verified
5840 73rd Avenue North, Minneapolis, MN 55429
1–2 beds
1 bath
$1,315–$1,565
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available Jun 30
18h ago
Verified
111 Marquette Ave, Minneapolis, MN 55401
2 beds
2 baths
$2,150–$3,110
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
1h ago
Verified
115 2nd Ave S, Minneapolis, MN 55401
Studio–2 beds
1 bath
$1,295–$1,715
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
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Frequently asked questions for Minneapolis, MN
Quick answers to common questions about the Minneapolis rental market.
How much is rent in Minneapolis?
The average rent in Minneapolis is $1,555 per month as of October 31, 2026.
Is rent up or down in Minneapolis?
Average rent prices in Minneapolis have increased by 5% over the last month and have increased by 3% since last year.
How does Minneapolis rent compare to the national average?
Rent in Minneapolis is 18% below the national average, which means renters are paying approximately $345 less per month.
Which neighborhoods are most affordable in Minneapolis?
The most affordable neighborhoods in Minneapolis are Whittier ($1,145/mo), Lowry Hill East ($1,168/mo), and Loring Park ($1,250/mo).
What salary do I need to afford rent in Minneapolis?
To comfortably afford rent in Minneapolis, you'd need to earn approximately $62,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Minneapolis?
May offers the lowest rents in Minneapolis, while October sees the highest prices, with about a 3.9% difference between peak and off-peak months. December is the least competitive month for apartment hunting.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).
For additional insights into rental trends, including month-over-month changes and historical comparisons, see Zumper's Monthly Metro Report.
Minneapolis Metro Report
The Zumper Minneapolis Metro Report analyzed active listings last month across metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Minnesota one bedroom median rent was $1,300 last month.
The Most Expensive
- Apple Valley was the most expensive city with one-bedrooms priced at $1,720.
- Bloomington ranked as second with rent at $1,480.
- Plymouth placed third with rent at $1,470.
The Least Expensive
- Maplewood was the most affordable city with rent priced at $1,190.
- St. Paul ranked as second with rent at $1,200.
- St. Louis Park placed third with rent at $1,240.
The Largest Decline (Y/Y%)
- St. Paul had the largest annual rent price decline, down 7%.
- St. Louis Park was second with rent dropping 4.6%.
- Plymouth placed third with rent decreasing 2.6%.
The Largest Decline (M/M%)
- St. Louis Park experienced the largest monthly rent decline, falling 4.6%.
- Bloomington placed second with rent dropping 2%.
- St. Paul saw rent decrease 0.8% last month, making it third.
About
The Zumper Minneapolis Metro Area Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.
Words by
Crystal ChenCrystal Chen is a seasoned real estate and housing market expert with more than a decade of experience analyzing rental trends, housing affordability, and urban living. At Zumper, she leads data storytelling as well as press and media relations, where she translates complex housing research into easily digestible insights for renters, industry professionals, and journalists. Her reports can be seen cited in national outlets like The New York Times, The Wall Street Journal, and CNBC. She is passionate about helping renters navigate today’s evolving housing landscape with clarity and confidence. Living in New York City herself, she knows firsthand the chaos and challenges of navigating a competitive rental market.