Last updated on June 19, 2026

Average rent in
Minneapolis, MN

Key takeaways for renters

  • Where Minneapolis rent stands today

    Minneapolis, MN rent rose 3.3% year over year, with a current median of $1,495/month. Renters today are paying $104 more per month on average than last year, despite a slight month-to-month easing in rent.

  • Minneapolis sits 23.3% more affordable than the $1,950/month national median, offering renters a mid-tier metro with over 1,000 total rentals available across the city.

  • Price ranges

    Studios in Minneapolis rent for about $1,000/month, 1-bedrooms around $1,250/month, and 2-bedrooms near $1,745/month, with 4+ bedrooms reaching $2,750/month. Houses command a median of $2,350/month while apartments are priced at $1,400/month, giving renters a wide range of options.

  • Neighborhood spotlight

    Linden Hills rents climbed 72.9% year over year to $2,983/month, contrasting with the citywide 3.3% rise. Meanwhile, Summer Glenwood and Kenwood saw steep declines of -71.0% and -51.6%, respectively, showing significant local variation in Minneapolis's rental market.

Median rent

Median rent in Minneapolis

$1,495/mo

increased by3%

vs previous year

The average rent in Minneapolis is $1,495 per month as of June 2026. This is 23% below the national average rent, or $455 less per month.

$1.83

average price per square foot

Total rentals

Available rentals in Minneapolis

1,031

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Minneapolis rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

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 $1,400, whereas a house costs $2,350. 1-bedroom apartments in Minneapolis run $1,225 on average, while 2-bedroom apartments are $1,700.

Listings

Studio

$1,000

No Change

3%

1 bedroom

$1,250

1%

No Change

2 bedroom

$1,745

No Change

4%

3 bedroom

$1,995

5%

9%

4 bedroom

$2,750

3%

5%

Studio

Average rent

$1,000

Last 30 days

No Change

Last year

3%

1 bedroom

Average rent

$1,250

Last 30 days

1%

Last year

No Change

2 bedroom

Average rent

$1,745

Last 30 days

No Change

Last year

4%

3 bedroom

Average rent

$1,995

Last 30 days

5%

Last year

9%

4 bedroom

Average rent

$2,750

Last 30 days

3%

Last year

5%

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

Median rent price$1,495
decreased by23%

lower than the national median

Median rent price$1,475
decreased by24%

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.

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 & Services4% lower
Groceries1% higher
Health3% lower
Housing19% lower
Transportation4% lower
Utilities5% lower

Discover rentals in Minneapolis, MN

1d 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

11h ago

9.2

Excellent

1–4 beds

1–2 baths

$600–$3,550

Apartment for rent

1430 Irving Ave N - Photo 1 of 1

5d+ ago

Near North apartment for rent in Minneapolis

$650/month - Women Shared Space and Private Bedroom

1430 Irving Ave N, Minneapolis, MN 55411

1 bed

1 bath

$650

Apartment for rent

Available Jul 1

2417 Como Ave Se - Photo 1 of 1

5d+ ago

Como house for rent in Minneapolis

2417 Como Ave Se, Minneapolis, MN 55414

1 bed

1 bath

$745

House for rent

Available Aug 1

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 June 13, 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 $455 less per month.

Which neighborhoods are most affordable in Minneapolis?

The most affordable neighborhoods in Minneapolis are Whittier ($1,085/mo), Loring Park ($1,105/mo), and Lowry Hill East ($1,295/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?

Minneapolis 1-bedroom apartments averaged around $1,300 per month in 2025, while 2-bedroom units averaged around $1,700 monthly. These figures represent the current rental market across Minnesota's largest city, with 1-bedrooms making up 37% of available inventory and 2-bedrooms accounting for 26% of monthly listings.

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.

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