Bedroom count
Property type
Last updated on October 23, 2026
Average rent in
Prospect Park, Minneapolis, MN
Average rent in
Last updated on October 23, 2026
Bedroom count
Property type
Median rent
Median rent in Prospect Park
$1,600/mo
14%vs previous year
The average rent in Prospect Park is $1,600 per month as of October 2026. This is 16% below the national average rent, or $300 less per month.
average price per square foot
Total rentals
Available rentals in Prospect Park
26
for rent on Zumper.com as of October 2026
Rent price distribution
Share of Prospect Park rentals at each price point
Rent trends in Prospect Park, Minneapolis, MN
Average rent prices in Prospect Park have increased by 6% over the last month and have increased by 14% 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
Prospect Park, Minneapolis, MN
Rent prices in Prospect Park vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Prospect Park is $1,692, whereas a house costs $2,274. 1-bedroom apartments in Prospect Park run $1,549 on average, while 2-bedroom apartments are $1,850.
Listings | ||||
|---|---|---|---|---|
Studio | $1,287 | No Change |  4% | |
1 bedroom | $1,564 | No Change | 14% | |
2 bedroom | $1,735 | No Change | 1% | |
3 bedroom | $1,772 | 12% | 7% | |
4 bedroom | $2,897 | 7% | 8% |
Listings | ||
|---|---|---|
Como | $3,000 | |
Dinkytown | $3,220 | |
Downtown East | $1,890 | |
Marcy Holmes | $1,655 | |
Phillips | $1,549 | |
St Anthony | $1,499 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,692 | 6% | 17% | |
Condos | $2,250 | No Change | - | |
Houses | $2,274 | 46% | 6% | |
Rooms | $1,135 | 3% | - |
Studio
Average rent
$1,287
Last 30 days
No Change
Last year
4%
1 bedroom
Average rent
$1,564
Last year
14%
2 bedroom
Average rent
$1,735
Last year
1%
3 bedroom
Average rent
$1,772
Last 30 days
12%
Last year
7%
4 bedroom
Average rent
$2,897
Last 30 days
7%
Last year
8%
Como
Average rent
$3,000
Dinkytown
Average rent
$3,220
Downtown East
Average rent
$1,890
Marcy Holmes
Average rent
$1,655
Phillips
Average rent
$1,549
St Anthony
Average rent
$1,499
Apartments
Average rent
$1,692
Last 30 days
6%
Last year
17%
Condos
Average rent
$2,250
Houses
Average rent
$2,274
Last 30 days
46%
Last year
6%
Rooms
Average rent
$1,135
Last 30 days
3%
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.
How does rent in Prospect Park, Minneapolis, MN compare to other neighborhoods?
Compare median rent prices in Prospect Park and Como by all bedroom counts and property types.
Prospect Park
16%lower than the national median
58%higher than the national median
Takeaway
The median rent for all rentals in Prospect Park, Minneapolis, MN is 47% lower than the median rent in Como, Minneapolis, MN.
Average rent in nearby neighborhoods
Explore rent trends in neighboring markets
Discover rentals in Prospect Park, Minneapolis, MN
5d+ ago
55 Williams Ave Se, Minneapolis, MN 55414
3 beds
1 bath
$1,515
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Prospect Park house for rent in Minneapolis
3 beds
1 bath
$1,650
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
4d ago
Verified
2900 4th St Se, Minneapolis, MN 55414
1 bed
1 bath
$1,690
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available Aug 22
3d ago
2701 Delaware St Se, Minneapolis, MN 55414
3 beds
1 bath
$1,700
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Prospect Park townhouse for rent in Minneapolis
925 Dartmouth Ave Se, Minneapolis, MN 55414
2 beds
1.5 baths
$3,000
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
28m ago
485 Malcolm Ave Se, Minneapolis, MN 55414
Studio–2 beds
1–2 baths
$1,370–$2,489
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
17h ago
2949 4th St Se, Minneapolis, MN 55414
Studio–2 beds
1–2 baths
$1,523–$3,394
Total Monthly Price. The price shown reflects a 9-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
1d ago
Verified
2813 4th St Se, Minneapolis, MN 55414
Studio–2 beds
1–2 baths
$1,300–$2,240
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available Aug 22
4d ago
Verified
2900 4th St Se, Minneapolis, MN 55414
1 bed
1 bath
$1,690
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available Aug 22
1d ago
Verified
2813 4th St Se, Minneapolis, MN 55414
Studio–2 beds
1–2 baths
$1,300–$2,240
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available Aug 22
6h ago
810 Thornton St Se, Minneapolis, MN 55414
1–2 beds
1 bath
$1,320–$1,695
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
9h ago
633 Ontario St Se, Minneapolis, MN 55414
3–4 beds
2 baths
$1,900–$2,600
Price droppedFees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
Verified
2813 4th St Se, Minneapolis, MN 55414
Studio–2 beds
1–2 baths
$1,300–$2,240
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available Aug 22
6h ago
810 Thornton St Se, Minneapolis, MN 55414
1–2 beds
1 bath
$1,320–$1,695
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
505 Malcolm Ave Se, Minneapolis, MN 55414
1–2 beds
1 bath
$1,201–$1,735
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
4d ago
Verified
2900 4th St Se, Minneapolis, MN 55414
1 bed
1 bath
$1,690
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available Aug 22
1d ago
Verified
2813 4th St Se, Minneapolis, MN 55414
Studio–2 beds
1–2 baths
$1,300–$2,240
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available Aug 22
2d ago
2101 East River Terrace, Minneapolis, MN 55414
Studio
1 bath
$995
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Aug 1
3d ago
633 Ontario St Se, Minneapolis, MN 55414
3 beds
2 baths
$1,900–$2,200
Price droppedFees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
7h ago
615 Ontario St Se, Minneapolis, MN 55414
1 bed
1 bath
$1,050
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.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 Prospect Park, Minneapolis, MN
Quick answers to common questions about the Prospect Park rental market.
How much is rent in Prospect Park?
The average rent in Prospect Park is $1,600 per month as of October 17, 2026.
Is rent up or down in Prospect Park?
Average rent prices in Prospect Park have increased by 6% over the last month and have increased by 14% since last year.
How does Prospect Park rent compare to the national average?
Rent in Prospect Park is 16% below the national average, which means renters are paying approximately $300 less per month.
What salary do I need to afford rent in Prospect Park?
To comfortably afford rent in Prospect Park, you'd need to earn approximately $64,000/year, based on spending no more than 30% of your income on rent.
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).