Last updated on September 18, 2026

Average rent in
Institute of Production and Recording, MN

Median rent

Median rent in Minneapolis

$1,727/mo

increased by10%

vs previous year

The average rent in Minneapolis is $1,727 per month as of September 2026. This is 9% below the national average rent, or $173 less per month.

$2.18

average price per square foot

Total rentals

Available rentals in Minneapolis

72

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Minneapolis rentals at each price point

45%34%23%11%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Institute of Production and Recording, MN

Average rent prices in Minneapolis have increased by 10% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

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

Compare rent prices in Institute of Production and Recording, MN

Rent prices in Minneapolis vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Minneapolis is $1,687, whereas a house costs $3,967. 1-bedroom apartments in Minneapolis run $1,599 on average, while 2-bedroom apartments are $2,335.

Listings

Studio

$1,337

-

16%

1 bedroom

$1,618

-

3%

2 bedroom

$2,395

-

14%

3 bedroom

$3,695

-

20%

4 bedroom

$6,231

-

-

Studio

Average rent

$1,337

Last year

16%

1 bedroom

Average rent

$1,618

Last year

3%

2 bedroom

Average rent

$2,395

Last year

14%

3 bedroom

Average rent

$3,695

Last year

20%

4 bedroom

Average rent

$6,231

The table above reflects average rent prices in Institute of Production and Recording, 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.

Discover rentals in Institute of Production and Recording, MN

Paige Hall - Photo 1 of 1
Highly rated

3d ago

9.1

Excellent

Paige Hall

727 5th Ave S, Minneapolis, MN 55415

Studio

1 bath

$551–$881

Spruce Place Apartments - Photo 1 of 1

1d ago

8.3

Very good

Spruce Place Apartments

1365 Spruce Pl, Minneapolis, MN 55403

Studio–1 bed

1 bath

$695–$975

Brentwood Apartments - Photo 1 of 1

1d ago

8

Very good

Brentwood Apartments

127 W Grant St, Minneapolis, MN 55403

Studio–1 bed

1 bath

$715–$830

Haverhill Apartments - Photo 1 of 1

1d ago

8.4

Very good

Haverhill Apartments

32 Spruce Pl, Minneapolis, MN 55403

Studio–1 bed

1 bath

$750

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 Institute of Production and Recording, MN

Quick answers to common questions about the Minneapolis rental market.

How much is rent in Minneapolis?

The average rent in Minneapolis is $1,727 per month as of September 12, 2026.

Is rent up or down in Minneapolis?

Average rent prices in Minneapolis have increased by 10% since last year.

How does Minneapolis rent compare to the national average?

Rent in Minneapolis is 9% below the national average, which means renters are paying approximately $173 less per month.

What salary do I need to afford rent in Minneapolis?

To comfortably afford rent in Minneapolis, you'd need to earn approximately $69,000/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).

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