Bedroom count
Property type
Last updated on August 3, 2026
Average rent in
Minneapolis, MN
Average rent in
Last updated on August 3, 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 $58 more per month on average than last year, while month-to-month rent is essentially unchanged.
Compared to national trends
Minneapolis, MN sits 22.9% more affordable than the $1,940/month national median, offering a mid-tier metro market with 879 total rentals available.
Price ranges
Studios in Minneapolis, MN rent for about $1,022/month, 1-bedrooms for $1,250/month, 2-bedrooms for $1,722/month, 3-bedrooms for $1,995/month, and 4+ bedrooms reach $2,725/month. Apartments make up 82.2% of total rentals.
Neighborhood spotlight
Kenwood rents in Minneapolis, MN fell by 82.2% year over year to a median of $1,335/month. This steep decline contrasts with the citywide rent increase of 3.1%.
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 August 2026. This is 23% below the national average rent, or $445 less per month.
average price per square foot
Total rentals
Available rentals in Minneapolis
879
for rent on Zumper.com as of August 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 $1,436, whereas a house costs $2,200. 1-bedroom apartments in Minneapolis run $1,250 on average, while 2-bedroom apartments are $1,699.
Listings | ||||
|---|---|---|---|---|
Studio | $1,022 | No Change | 7% | |
1 bedroom | $1,250 | No Change | 6% | |
2 bedroom | $1,722 |  2% | 4% | |
3 bedroom | $1,995 | 3% | 5% | |
4 bedroom | $2,725 | 1% | 2% |
Listings | ||
|---|---|---|
Carag | $1,145 | |
Como | $1,916 | |
Dinkytown | $1,619 | |
Downtown West | $1,593 | |
Loring Park | $1,050 | |
Lowry Hill East | $1,280 | |
Marcy Holmes | $1,457 | |
Nicollet Island | $1,833 | |
Prospect Park | $1,450 | |
Whittier | $1,100 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,436 | 1% | No Change | |
Condos | $1,900 | 6% | No Change | |
Houses | $2,200 | 4% | No Change | |
Rooms | $914 | No Change | - |
Studio
Average rent
$1,022
Last 30 days
No Change
Last year
7%
1 bedroom
Average rent
$1,250
Last 30 days
No Change
Last year
6%
2 bedroom
Average rent
$1,722
Last 30 days
2%
Last year
4%
3 bedroom
Average rent
$1,995
Last 30 days
3%
Last year
5%
4 bedroom
Average rent
$2,725
Last 30 days
1%
Last year
2%
Whittier
Average rent
$1,100
Marcy Holmes
Average rent
$1,457
Nicollet Island
Average rent
$1,833
Loring Park
Average rent
$1,050
Dinkytown
Average rent
$1,619
Prospect Park
Average rent
$1,450
Downtown West
Average rent
$1,593
Lowry Hill East
Average rent
$1,280
Como
Average rent
$1,916
Carag
Average rent
$1,145
Apartments
Average rent
$1,436
Last 30 days
1%
Condos
Average rent
$1,900
Last 30 days
6%
Houses
Average rent
$2,200
Last 30 days
4%
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
23%lower than the national median
26%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.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,437
2%$1,595
9%$1,409
33%$1,490
5%$1,609
2%$1,750
9%$1,793
8%$2,050
6%$1,852
5%$1,437
10%$1,500
11%$1,373
1%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 | 4% lower |
| Groceries | 1% higher |
| Health | 3% lower |
| Housing | 19% lower |
| Transportation | 4% 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
13h ago
188 Glenwood Ave, Minneapolis, MN 55405
1–3 beds
1–2 baths
$589–$2,023
Price drop
Apartment for rent
5h ago
711 4th St Se, Minneapolis, MN 55414
1–4 beds
1–2 baths
$600–$2,800
Apartment for rent
5d+ ago
Wenonah condo for rent in Minneapolis
2104 E 58th St #2104, Minneapolis, MN 55417
1 bed
1 bath
$750
Condo for rent
Available Sep 1
11h ago
Verified
1111 3rd Ave S, Minneapolis, MN 55404
Studio–5 beds
1–3 baths
$2,506–$10,771
Apartment for rent
5d+ ago
Loring Park condo for rent in Minneapolis
201 S 11th St. Street #2500, Minneapolis, MN 55403
2 beds
3.5 baths
$10,500
Condo for rent
40m ago
4901 France Ave S, Minneapolis, MN 55410
1–2 beds
1–2 baths
$2,940–$10,100
Price drop
Apartment for rent
3h ago
20 6th St Ne, Minneapolis, MN 55413
Studio–3 beds
1–2 baths
$1,416–$9,168
Price drop
Apartment for rent
2d ago
Verified
1254 Hennepin Avenue, Minneapolis, MN 55403
Studio–2 beds
1–2 baths
$1,100–$2,300
Apartment for rent
Available Feb 10
4d ago
Verified
5840 73rd Avenue North, Minneapolis, MN 55429
1–2 beds
1 bath
$1,150–$1,500
Apartment for rent
Available Jun 30
2d ago
Verified
3535 Bryant Ave S, Minneapolis, MN 55408
Studio–1 bed
1 bath
$1,050–$1,480
Apartment for rent
4d ago
Verified
5840 73rd Avenue North, Minneapolis, MN 55429
1–2 beds
1 bath
$1,150–$1,500
Apartment for rent
Available Jun 30
5h ago
Verified
3029 France Ave S, Minneapolis, MN 55416
1–2 beds
1 bath
$1,095–$1,495
Apartment for rent
3d ago
Verified
3031 Ewing Ave S, Minneapolis, MN 55416
1 bed
0–1 bath
$1,195–$1,325
Apartment for rent
2d ago
Verified
1254 Hennepin Avenue, Minneapolis, MN 55403
Studio–2 beds
1–2 baths
$1,100–$2,300
Apartment for rent
Available Feb 10
4d ago
Verified
5840 73rd Avenue North, Minneapolis, MN 55429
1–2 beds
1 bath
$1,150–$1,500
Apartment for rent
Available Jun 30
1h ago
Verified
115 2nd Ave S, Minneapolis, MN 55401
Studio–2 beds
1 bath
$1,140–$1,565
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 August 1, 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 23% below the national average, which means renters are paying approximately $445 less per month.
Which neighborhoods are most affordable in Minneapolis?
The most affordable neighborhoods in Minneapolis are Loring Park ($1,050/mo), Whittier ($1,100/mo), and Carag ($1,145/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?
Based on Zumper's July 2026 data, one-bedroom apartments in Minneapolis average around $1,320/month and two-bedrooms approximately $1,750/month.
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 $1,291 last month.
The Most Expensive
- Apple Valley was the most expensive city with one-bedrooms priced at $1,590.
- Bloomington & Eagan tied for second with rents both priced at $1,540.
- Plymouth placed third with rent at $1,480.
The Least Expensive
The Largest Decline (Y/Y%)
- Eagan had the fastest growing rent, up 13.2% since this time last year.
- Bloomington was second with rent growing 6.9%.
- Roseville placed third with rent increasing 5.7%.
The Largest Decline (M/M%)
- Eagan had the largest monthly growth rate, up 5.5%.
- Apple Valley placed second with rent climbing 1.9%.
- Roseville saw rent increase 1.6%, 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.