Average Rent in Prospect Park, Minneapolis, MN and Rent Price Trends

Rent price trends in
Prospect Park, Minneapolis, MN

Rent price trends

Rent prices for all bedroom counts and property types in Prospect Park, Minneapolis, MN have remained the same in the last month and have remained the same in the last year.

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

Rent comparables in
Prospect Park, Minneapolis, MN
The monthly rent for an apartment in Prospect Park, Minneapolis, MN is $1,450. A 1-bedroom apartment in Prospect Park, Minneapolis, MN costs about $1,450 on average, while a 2-bedroom apartment is $2,240. Houses for rent in Prospect Park, Minneapolis, MN are more expensive, with an average monthly cost of $2,000.


1 bedroom	$1,450	1%	5%
2 bedroom	$1,638	2%	11%
3 bedroom	$1,795	5%	31%
4 bedroom	$2,497	4%	11%
Studio	$1,299	No Change	5%

		Comparables
Como	$2,595
Dinkytown	$2,100
Downtown East	$2,321
Marcy Holmes	$1,675
Phillips	$1,394
St Anthony	$1,575


Apartments	$1,450	3%	No Change
Condos	$1,800	2%	No Change
Houses	$2,000	No Change	No Change
Rooms	$1,049	No Change	-

Studio

Average rent

$1,299

Last 30 days

No Change

Last year

1 bedroom

Average rent

$1,450

Last 30 days

Last year

2 bedroom

Average rent

$1,638

Last 30 days

Last year

11%

3 bedroom

Average rent

$1,795

Last 30 days

Last year

31%

4 bedroom

Average rent

$2,497

Last 30 days

Last year

11%

The table above reflects average rent prices in Prospect Park, 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 Prospect Park, Minneapolis, MN to other neighborhoods

Median rent prices in Prospect Park, Minneapolis, MN for all bedroom counts and property types compared to Como, Minneapolis, MN.

Prospect Park

Median rent price$1,450

25%

lower than the national median

Median rent price$2,595

34%

higher than the national median

Takeaway

The median rent for all rentals in Prospect Park, Minneapolis, MN is 44% lower than the median rent in Como, Minneapolis, MN.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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