Bedroom count
Property type
Last updated on September 18, 2026
Average rent in
Minneapolis, MN
Average rent in
Last updated on September 18, 2026
Bedroom count
Property type
Key takeaways for renters
Where Minneapolis rent stands today
Minneapolis, MN rent rose 3.1% year over year, with a current median of $1,495/month. Renters today are paying $41 more per month on average than last year, while month-to-month rent is essentially flat.
Compared to national trends
Minneapolis sits 21.3% more affordable than the $1,900/month national median, offering a mid-tier metro market with 877 total rentals available across the city.
Price ranges
Studios in Minneapolis rent for about $1,048/month, 1-bedrooms around $1,259/month, and 2-bedrooms at $1,765/month, with 3-bedrooms at $2,037/month and 4+ bedrooms reaching $2,600/month. Apartments make up nearly 80% of total rentals, renting at a median of $1,425/month compared to houses at $2,285/month.
Neighborhood spotlight
In Minneapolis, MN, Summer Glenwood rents fell 63.9% year over year to $1,645/month across 11 rentals, and Downtown East dropped 50.8% to $1,772/month across 24 rentals. These declines contrast with the citywide rent increase of 3.1%, showing a localized cooldown.
Median rent
Median rent in Minneapolis
$1,495/mo
3%vs previous year
The average rent in Minneapolis is $1,495 per month as of September 2026. This is 21% below the national average rent, or $405 less per month.
average price per square foot
Total rentals
Available rentals in Minneapolis
877
for rent on Zumper.com as of September 2026
Rent price distribution
Share of Minneapolis rentals at each price point
Rent trends in Minneapolis, MN
Average rent prices in Minneapolis have remained the same 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 $1,425, whereas a house costs $2,285. 1-bedroom apartments in Minneapolis run $1,250 on average, while 2-bedroom apartments are $1,751.
Listings | ||||
|---|---|---|---|---|
Studio | $1,047 | 1% | 4% | |
1 bedroom | $1,259 | No Change |  3% | |
2 bedroom | $1,765 | No Change | 4% | |
3 bedroom | $2,037 | 2% | 5% | |
4 bedroom | $2,600 | No Change | 1% |
Listings | ||
|---|---|---|
Dinkytown | $1,644 | |
Downtown West | $1,625 | |
Loring Park | $1,182 | |
Lowry Hill East | $1,197 | |
Marcy Holmes | $1,388 | |
Nicollet Island | $1,772 | |
Prospect Park | $1,515 | |
Stevens Square | $1,196 | |
West Calhoun | $1,530 | |
Whittier | $1,120 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,425 | 1% | No Change | |
Condos | $1,899 | 5% | No Change | |
Houses | $2,285 | 2% | No Change | |
Rooms | $914 | No Change | No Change |
Studio
Average rent
$1,047
Last 30 days
1%
Last year
4%
1 bedroom
Average rent
$1,259
Last 30 days
No Change
Last year
3%
2 bedroom
Average rent
$1,765
Last 30 days
No Change
Last year
4%
3 bedroom
Average rent
$2,037
Last 30 days
2%
Last year
5%
4 bedroom
Average rent
$2,600
Last 30 days
No Change
Last year
1%
Whittier
Average rent
$1,120
Loring Park
Average rent
$1,182
Nicollet Island
Average rent
$1,772
Marcy Holmes
Average rent
$1,388
West Calhoun
Average rent
$1,530
Prospect Park
Average rent
$1,515
Downtown West
Average rent
$1,625
Lowry Hill East
Average rent
$1,197
Stevens Square
Average rent
$1,196
Dinkytown
Average rent
$1,644
Apartments
Average rent
$1,425
Last 30 days
1%
Condos
Average rent
$1,899
Last 30 days
5%
Houses
Average rent
$2,285
Last 30 days
2%
Rooms
Average rent
$914
Last 30 days
No Change
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
21%lower than the national median
22%lower than the national median
Takeaway
The median rent for all rentals in Minneapolis, MN is 1% higher than the median rent in Arden Hills, MN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,480
1%$1,595
5%$1,517
2%$1,499
6%$1,599
1%$1,810
2%$1,781
8%$2,087
6%$1,884
4%$1,499
1%$1,549
4%$1,365
4%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
4d ago
3142 Bloomington Ave, Minneapolis, MN 55407
Studio–3 beds
1 bath
$350–$1,600
Apartment for rent
5d+ ago
Whittier condo for rent in Minneapolis
2529 Pleasant Ave #2, Minneapolis, MN 55404
1 bed
1 bath
$600
Condo for rent
Available Oct 1
5d+ ago
Folwell apartment for rent in Minneapolis
3706 Penn Ave N #1, Minneapolis, MN 55412
1 bed
1 bath
$699
Apartment for rent
17h ago
711 4th St Se, Minneapolis, MN 55414
1–4 beds
1–2 baths
$700–$2,800
Apartment for rent
12h ago
4901 France Ave S, Minneapolis, MN 55410
1–2 beds
1–2 baths
$2,940–$9,950
Price drop
Apartment for rent
6h ago
Verified
1111 3rd Ave S, Minneapolis, MN 55404
Studio–5 beds
1–3 baths
$2,625–$9,678
Apartment for rent
3d ago
3901 Sunnyside Rd, Minneapolis, MN 55424
1–2 beds
1–2 baths
$1,111–$7,655
Apartment for rent
7h ago
Verified
2424 Lyndale Ave S, Minneapolis, MN 55405
1–4 beds
1–4 baths
$1,283–$6,837
Apartment for rent
10h ago
Verified
1254 Hennepin Avenue, Minneapolis, MN 55403
Studio–2 beds
1–2 baths
$1,100–$2,300
Apartment for rent
Available Feb 10
3d ago
Verified
5840 73rd Avenue North, Minneapolis, MN 55429
1–2 beds
1 bath
$1,300–$1,550
Apartment for rent
Available Jun 30
4d ago
Verified
3535 Bryant Ave S, Minneapolis, MN 55408
Studio
1 bath
$1,355
Apartment for rent
4d ago
Verified
2900 4th St Se, Minneapolis, MN 55414
1 bed
1 bath
$1,629
Apartment for rent
Available Aug 22
1d ago
Verified
350 26th Ave Ne, Minneapolis, MN 55418
1 bed
1 bath
$1,205
Apartment for rent
1d ago
Verified
3031 Ewing Ave S, Minneapolis, MN 55416
1 bed
0–1 bath
$1,195–$1,345
Price drop
Apartment for rent
1d ago
Verified
3811 W 31st St, Minneapolis, MN 55416
1 bed
0–1 bath
$1,195–$1,225
Apartment for rent
10h ago
Verified
1254 Hennepin Avenue, Minneapolis, MN 55403
Studio–2 beds
1–2 baths
$1,100–$2,300
Apartment for rent
Available Feb 10
3d ago
Verified
5840 73rd Avenue North, Minneapolis, MN 55429
1–2 beds
1 bath
$1,300–$1,550
Apartment for rent
Available Jun 30
1d ago
Verified
350 26th Ave Ne, Minneapolis, MN 55418
1 bed
1 bath
$1,205
Apartment for rent
13h ago
3701 W Lake St, Minneapolis, MN 55416
1 bed
1 bath
$1,199
Apartment for rent
Stay up to date with rental market insights
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
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 $1,495 per month as of September 12, 2026.
Is rent up or down in Minneapolis?
Average rent prices in Minneapolis have remained the same 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 21% below the national average, which means renters are paying approximately $405 less per month.
Which neighborhoods are most affordable in Minneapolis?
The most affordable neighborhoods in Minneapolis are Whittier ($1,120/mo), Loring Park ($1,182/mo), and Stevens Square ($1,196/mo).
What salary do I need to afford rent in Minneapolis?
To comfortably afford rent in Minneapolis, you'd need to earn approximately $60,000/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 $1,279 last month.
The Most Expensive
- Edina was the most expensive city with one-bedrooms priced at $1,690.
- Apple Valley ranked as second with rent priced at $1,590.
- Bloomington placed third with rent at $1,530.
The Least Expensive
- St. Paul was the most affordable city with rent priced at $1,190.
- Minneapolis ranked as second with rent at $1,270.
- St. Louis Park placed third with rent at $1,280.
The Largest Decline (Y/Y%)
- Bloomington had the fastest growing rent, up 13.3% since this time last year.
- Eagan was second with rent growing 7.6%.
- Eagan placed third with rent increasing 7.4%.
The Largest Decline (M/M%)
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.