Bedroom count

Property type

Last updated on April 23, 2026

Average rent in
Prospect Park, Minneapolis, MN

Last updated on April 23, 2026

Last updated on April 23, 2026

Bedroom count

Property type

As of April 2026, the median rent for all bedroom counts and property types in Prospect Park, Minneapolis, MN is $1,495. This is -23%, or $450, lower than the national average.

$2.04

average price per square foot

Median rent

$1,495

decreased by1%
over the previous yearvs previous year

Total rentals

25

for rent on Zumper.com

As of April 2026, the median rent for all bedroom counts and property types in Prospect Park, Minneapolis, MN is $1,495. This is -23%, or $450, lower than the national average.

$2.04

average price per square foot

Rent ranges

2%
45%
34%
15%
3%
$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

75%
25%
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.

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 increased by 4% in the last month and have decreased 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
Prospect Park, Minneapolis, MN

The monthly rent for an apartment in Prospect Park, Minneapolis, MN is $1,543. A 1-bedroom apartment in Prospect Park, Minneapolis, MN costs about $1,550 on average, while a 2-bedroom apartment is $2,209. Houses for rent in Prospect Park, Minneapolis, MN are more expensive, with an average monthly cost of $2,395.

Comparables

1 bedroom

$1,550

3%

9%

2 bedroom

$1,735

1%

6%

3 bedroom

$1,750

2%

20%

4 bedroom

$2,650

2%

No Change

Studio

$1,299

2%

3%

Studio

Average rent

$1,299

Last 30 days

2%

Last year

3%

1 bedroom

Average rent

$1,550

Last 30 days

3%

Last year

9%

2 bedroom

Average rent

$1,735

Last 30 days

1%

Last year

6%

3 bedroom

Average rent

$1,750

Last 30 days

2%

Last year

20%

4 bedroom

Average rent

$2,650

Last 30 days

2%

Last year

No Change

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$1,495
decreased by23%

lower than the national median

Median rent price$2,050
increased by5%

higher than the national median

Takeaway

The median rent for all rentals in Prospect Park, Minneapolis, MN is 27% lower than the median rent in Como, Minneapolis, 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 neighborhoods

Explore rent trends in other markets

Como

$2,050

decreased by10%

Last year

Dinkytown

$1,695

Flat

Last year

Downtown East

$2,233

decreased by35%

Last year

Marcy Holmes

$1,599

increased by11%

Last year

Phillips

$1,299

decreased by1%

Last year

St Anthony

$1,495

decreased by2%

Last year

Apartments for rent in Blaine

Discover rentals in Prospect Park, Minneapolis, MN

The Link Minneapolis Low-Rise - Photo 1 of 1
Student housing
3D tour

5d+ ago

9.3

Excellent

Our team has verified this company

Verified

The Link Minneapolis Low-Rise

2900 4th St Se, Minneapolis, MN 55414

Studio–1 bed

1 bath

$1,279–$1,649

Apartment for rent

Available Aug 22

Call

55 Williams Avenue Southeast - Photo 1 of 1

5d+ ago

8.5

Very good

55 Williams Avenue Southeast

55 Williams Ave Se, Minneapolis, MN 55414

3 beds

1 bath

$1,515

Apartment for rent

1319 Franklin Ave SE - Photo 1 of 1

1d ago

7.7

Very good

1319 Franklin Ave SE

1319 Franklin Ave Se, Minneapolis, MN 55414

3 beds

1 bath

$1,550

Apartment for rent

2701 Delaware St SE - Photo 1 of 1
3D tour

1d ago

8.4

Very good

2701 Delaware St SE

2701 Delaware St Se, Minneapolis, MN 55414

4 beds

2 baths

$1,800

Apartment for rent

Eagle Crossing - Photo 1 of 1
3D tour

2d ago

9

Excellent

Eagle Crossing

633 Ontario St Se, Minneapolis, MN 55414

3–4 beds

2 baths

$1,800–$2,100

Apartment for rent

2622 Essex - Photo 1 of 1
3D tour

1d ago

8.1

Very good

2622 Essex

2622 Essex St Se, Minneapolis, MN 55414

4 beds

2 baths

$2,495

Price drop

Apartment for rent

629 Oak St Se #2 - Photo 1 of 1

5d+ ago

Prospect Park apartment for rent in Minneapolis

5 beds

2 baths

$2,650

Apartment for rent

133 27th Avenue SE - Photo 1 of 1

3d ago

8.6

Very good

133 27th Avenue SE

133 27th Ave Se, Minneapolis, MN 55414

5 beds

2 baths

$2,800

Apartment for rent