Apartments for Rent in Stevens Square, Minneapolis, MN

Stevens Square, Minneapolis apartment availability

Stevens Square offers a strong selection of rental listings, with an average of 69 rentals available each month in 2024. The neighborhood's rental market is comprised mostly of 1-bedroom and studio apartments, with a smaller number of 2-bedroom and 3-bedroom units. Many of these apartments are pet-friendly, with over 70% allowing small pets or having pet-friendly policies with restrictions. This makes Stevens Square a great option for renters with furry friends. With its diverse range of apartments and pet-friendly amenities, Stevens Square is a popular choice for Minneapolis renters.

Stevens Square, Minneapolis rental market trends

The Stevens Square neighborhood in Minneapolis saw a notable increase in rent prices in 2024, with an average monthly rent of $1,079, representing an 8.6% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $1,097 per month, a 10.8% increase from the previous year. The average rent for 2-bedrooms was $1,534, while studios came in at $843.

Summer months tend to see the highest demand and prices in Stevens Square, with June typically being the most expensive month. In fact, June rents are about 14.5% higher than in August, the month with the lowest average rent. If you're looking for a new apartment, be prepared for more competition during the summer. On the other hand, if you're flexible with your move-in date, August may be a good time to find a deal. Keep in mind that rent prices and competition can fluctuate throughout the year, so it's essential to stay informed about the local market trends.

Why Stevens Square, Minneapolis is a great place to live

Stevens Square is a top choice for renters prioritizing social living and environmental sustainability. With its high walk score, restaurant options, and transit frequency, this neighborhood offers an ideal setting for those who value being out and about with friends. Additionally, Stevens Square stands out for its eco-friendly features, including the use of non-toxic paint, rainwater harvesting, and community solar projects in many of its apartments. The neighborhood's emphasis on waste recycling, composting, and sustainable materials construction further contribute to its reputation as a hub for environmentally conscious living. Overall, Stevens Square provides a unique blend of social and sustainable living, making it an attractive option for like-minded renters.