Bedroom count

Property type

Last updated on March 19, 2026

Average rent in
Minneapolis, MN

Last updated on March 19, 2026

Last updated on March 19, 2026

Bedroom count

Property type

As of March 2026, the median rent for all bedroom counts and property types in Minneapolis, MN is $1,515. This is -20%, or $386, lower than the national average.

$1.84

average price per square foot

Median rent

$1,515

increased by1%
over the previous yearvs previous year

Total rentals

1,010

for rent on Zumper.com

As of March 2026, the median rent for all bedroom counts and property types in Minneapolis, MN is $1,515. This is -20%, or $386, lower than the national average.

$1.84

average price per square foot

Rent ranges

3%
46%
31%
12%
8%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000
$3,001+$3,001+

Households

53%
47%
Renter-occupied
Owner-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau. For additional insights, including month-over-month trends and historical comparisons, view our Monthly Metro Report.

Rent price trends in
Minneapolis, MN

Rent price trends

Rent prices for all bedroom counts and property types in Minneapolis, MN have decreased by 1% in the last month and have increased by 1% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Minneapolis, MN

The monthly rent for an apartment in Minneapolis, MN is $1,450. A 1-bedroom apartment in Minneapolis, MN costs about $1,340 on average, while a 2-bedroom apartment is $1,735. Houses for rent in Minneapolis, MN are more expensive, with an average monthly cost of $2,299.

Comparables

1 bedroom

$1,340

1%

2%

2 bedroom

$1,742

1%

1%

3 bedroom

$2,000

3%

2%

4 bedroom

$2,700

1%

2%

Studio

$1,050

1%

2%

Studio

Average rent

$1,050

Last 30 days

1%

Last year

2%

1 bedroom

Average rent

$1,340

Last 30 days

1%

Last year

2%

2 bedroom

Average rent

$1,742

Last 30 days

1%

Last year

1%

3 bedroom

Average rent

$2,000

Last 30 days

3%

Last year

2%

4 bedroom

Average rent

$2,700

Last 30 days

1%

Last year

2%

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.

Compare rent prices in Minneapolis, MN to other cities

Median rent prices in Minneapolis, MN for all bedroom counts and property types compared to Arden Hills, MN.

Minneapolis

Median rent price$1,515
decreased by20%

lower than the national median

Median rent price$1,450
decreased by24%

lower than the national median

Takeaway

The median rent for all rentals in Minneapolis, MN is 4% higher than the median rent in Arden Hills, MN.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Arden Hills

$1,450

increased by3%

Last year

Bloomington

$1,607

increased by5%

Last year

Brooklyn Park

$1,655

increased by12%

Last year

Coon Rapids

$1,417

decreased by7%

Last year

Eagan

$1,632

decreased by5%

Last year

Eden Prairie

$1,636

increased by9%

Last year

Edina

$1,725

increased by3%

Last year

Maple Grove

$1,900

increased by1%

Last year

Plymouth

$1,809

increased by1%

Last year

Roseville

$1,455

increased by6%

Last year

St Louis Park

$1,585

decreased by1%

Last year

St Paul

$1,395

increased by3%

Last year

Cost of living in
Minneapolis, MN

The overall cost of living in Minneapolis, MN is 6% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.

Expenses

accrued by most renters

Average cost

compared to national average

Goods & Services

3% lower

Groceries

3% higher

Health

4% lower

Housing

17% lower

Transportation

4% lower

Utilities

3% lower

Apartments for rent in Arden Hills

Discover rentals in Minneapolis, MN

23h ago

7.9

Very good

3142-44 Bloomington Ave

3142 Bloomington Ave, Minneapolis, MN 55407

Studio–3 beds

1 bath

$350–$1,600

Apartment for rent

Now Leasing for September 2026 — The Elysian: Dinkytown’s Most Desired Address! - Photo 1 of 1

23h ago

9.2

Excellent

1–4 beds

1–2 baths

$600–$3,550

Apartment for rent

1816 Independence Ave N #2 - Photo 1 of 1

5d+ ago

Apartment for rent in Minneapolis

$690 - 1 Private Bedroom in house with Shared Space

1816 Independence Ave N #2, Minneapolis, MN 55427

1 bed

1 bath

$690

Apartment for rent

Available Apr 1

2014 3rd Ave - Photo 1 of 1

5d+ ago

8.3

Very good

2014 3rd Ave

2014 3rd Ave S, Minneapolis, MN 55404

1–2 beds

1 bath

$900

Apartment for rent

College Park - Photo 1 of 1

5d+ ago

8.2

Very good

College Park

982 15th Ave Se, Minneapolis, MN 55414

Studio–2 beds

1–2 baths

$945–$1,445

Apartment for rent

728 East 16th Street (New Town) - Photo 1 of 1

2h ago

9.2

Excellent

728 East 16th Street (New Town)

728 E 16th St, Minneapolis, MN 55404

1–3 beds

1 bath

$950–$1,300

Apartment for rent

Park & Franklin Lofts - Photo 1 of 1

1d ago

8.5

Very good

Park & Franklin Lofts

1935 Park Ave, Minneapolis, MN 55404

Studio–3 beds

1 bath

$965–$1,721

Apartment for rent

3753 Girard Ave N - Photo 1 of 1

2d ago

8.3

Very good

3753 Girard Ave N

3753 Girard Ave N, Minneapolis, MN 55412

1–2 beds

1 bath

$1,050–$1,350

Apartment for rent