1 Bedroom Apartments for Rent in Minneapolis, MN - 953 Rentals available
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1331 Marshall St. NE, Minneapolis, MN 55413$1,260 - $1,620
- 1 Bed
- 1 Bath
Available Today! Last updated 1 Mar 2021 -
1300 West Lake St., Minneapolis, MN 55408$1,195 - $1,995
- 1 Bed
- 1 Bath
Spruce Capital Group LLCAvailable Today! Last updated 1 Mar 2021 -
2000 Lyndale Ave S, Minneapolis, MN 55405See current rent specials$1,350 - $2,050
- 1 Bed
- 1 Bath
Calibrate Property Management, LLCAvailable Today! Last updated 1 Mar 2021 -
2101 Bryant Avenue S, Minneapolis, MN 55405$995 - $1,160
- 1 Bed
- 1 Bath
Available Today! Last updated 1 Mar 2021 -
26 West 22Nd Street, Minneapolis, MN 55404See current rent specials$830 - $895
- 1 Bed
- 1 Bath
Last updated 28 Feb 2021 -
3430 List Place, Minneapolis, MN 55416$1,295 - $3,995
- 1 Bed
- 1 Bath
Last updated 1 Mar 2021 -
616 W. 53Rd Street, Minneapolis, MN 55419$925
- 1 Bed
- 1 Bath
Last updated 28 Feb 2021 -
2817 Girard Ave South, Minneapolis, MN 55408$1,195 - $1,650
- 1 Bed
- 1 Bath
Spruce Capital Group LLCLast updated 1 Mar 2021 -
129 North 2Nd Street, Minneapolis, MN 55401$1,515 - $2,460
- 1 Bed
- 1 Bath
Last updated 1 Mar 2021 -
628 University Avenue SE, Minneapolis, MN 55414$1,295
- 1 Bed
- 1 Bath
Last updated 1 Mar 2021 -
214 W 15Th St., Minneapolis, MN 55403$1,019 - $1,099
- 1 Bed
- 1 Bath
Last updated 1 Mar 2021 -
2101 East River Terrace, Minneapolis, MN 55414See current rent specials$1,095 - $1,100
- 1 Bed
- 1 Bath
Last updated 28 Feb 2021 -
2435 Pillsbury Ave S, Minneapolis, MN 55404$920 - $1,020
- 1 Bed
- 1 Bath
Last updated 1 Mar 2021 -
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800 North Third Street, Minneapolis, MN 55401$1,112 - $2,434
- 1 Bed
- 1 Bath
Steven Scott Management, Inc.Last updated 1 Mar 2021 -
810 Thornton Street SE, Minneapolis, MN 55414See current rent specials$1,035 - $1,170
- 1 Bed
- 1 Bath
Hornig CompaniesLast updated 28 Feb 2021
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Minneapolis’s average rent reached $1,552 in January
Minneapolis’s average rent reached $1,552 in January after a 2.8% decrease since last year. One of Minnesota’s largest job hubs, with a renter share of 50%, Minneapolis is a desirable place to live and work in, with apartment prices above the national average of $1,392. [View Full Report]
Minneapolis’s average rent was $1,552 in January
Minneapolis’s average rent reached $1,552 in January after a 2.8% decrease since last year. One of Minnesota’s largest job hubs, with a renter share of 50%, Minneapolis is a desirable place to live and work in, with apartment prices above the national average of $1,392.
The average rent for an apartment in Minneapolis saw a larger decrease compared to St. Paul ($1,290), where prices went down by 1.4% since last year, and Bloomington ($1,348), where rent went down by 0.3%.
What it costs to rent in the largest renter hubs in the Minneapolis area
The city with the largest renter share is Hopkins (64%), with an average rent of $1,263 after an annual decrease of 2%. Second is Minneapolis with 50%, followed by St. Paul with a 47% renter share. Anoka, with an average rent of $1,183, has the fourth largest share of renters (40%) and has experienced a rent increase of 5.9% since last year. In St. Louis Park, where 39% of the population are renters, the average rent is $1,492, going down by 0.6% in the past year.
The priciest and cheapest cities for renters in the Minneapolis area
Maple Grove is the priciest city for renters in the Minneapolis area, with apartments renting for $1,737 per month. The average rent for apartments in Golden Valley is $1,659, the second most expensive, while Edina ($1,657) comes in third.
For renters in search of budget-friendly apartments, Richfield's $1,086 average rent is the cheapest in the Minneapolis area followed by West St. Paul's $1,092 rate. New Brighton rentals are the third least pricey on the list, with a $1,094 average rent.
Methodology
RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States.
The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.
Look for 1 bedroom apartments near me
Looking for that perfect apartment that's just the right size for you and maybe you and someone else? You can now look at 1 bedroom apartment listings on RENTCafé in your area to find the one that meets your needs in terms of price and location. Whether you are looking for a 1 bedroom apartment near you, or anywhere in the U.S., we can help you find a home you'll love. Filter apartments by type, size, price, and amenities, check property reviews, and save your favorites.
Search for 1 bedroom apartments near you, whether it's in your neighborhood, or ZIP code, or any city in any state you plan to move to in the U.S. Somewhere out there is the perfect apartment for you. Let us help you find your next home!
Frequently Asked Questions
What is the price of a 1 bedroom apartment in Minneapolis, MN?
The price range of a 1 bedroom apartment is between $685 and $4,538. Search 1 bedroom apartments in Minneapolis, MN.
How many 1 bedroom apartments for rent are available in Minneapolis, MN on RENTCafé?
There are 814 1 bedroom rentals available on RENTCafé. Prices and availability in Minneapolis, MN were last updated on 28 Feb 2021.
What is the average size of a 1 bedroom apartment in Minneapolis, MN?
The average Minneapolis, MN 1 bedroom apartment size is 601 sq. ft.
What are the advantages of renting a 1 bedroom apartment in Minneapolis, MN?
Renting a 1 bedroom apartment comes with more living and storage space compared to a studio apartment.
What are the downsides of renting a 1 bedroom apartment in Minneapolis, MN?
1 bedroom apartments are usually more expensive than studio apartments in terms of rent and utility costs. You might be interested in studio apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Minneapolis, MN.
Minneapolis, MN Demographics
- Total Population420,324
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Female 212,823Male 207,501
- Median Age32.3
Average Rent in Minneapolis, MN
- Minneapolis, MN Average Rental Price, December 2020 $1,540 /mo
Minneapolis, MN Apartment Rent Ranges
- $701-$1,00015%
- $1,001-$1,50043%
- $1,501-$2,00025%
- > $2,00016%
Minneapolis, MN Rent Trends
| Average Rent | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Dec / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Minneapolis, MN | $1,478 | $1,487 | $1,512 | $1,557 | $1,544 | $1,554 | $1,591 | $1,590 | $1,596 | $1,602 | $1,540 |
| National | $1,373 | $1,378 | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
Minneapolis, MN Households
- Total Number of Households176,974
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Family 78,820Non-family 98,154
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Children 40,265No Children 136,709
- Average People Per Household2.28
- Median Household Income$62,583
- Median Housing Costs Per Month$1,194
Minneapolis, MN Education Statistics
- No High School5%
- Some High School22%
- Some College21%
- Associate Degree7%
- Bachelor Degree29%
- Graduate Degree17%
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Most Expensive 1 Bedroom Apartment
365 Nicollet $1,292 - $10,969 -
Cheapest 1 Bedroom Apartment
Veterans and Community Housing $450 - $470
Renting a 1 bedroom apartment in Minneapolis, MN
With a monthly rent as low as $900 and up to $3,939, 281 one bedroom apartments are available to rent in Minneapolis, MN. The average size for this type of apartment is 927 Sq.Ft., which is perfect for both singles and couples. For maximum efficiency in finding your future home, you should decide on the must-haves. Are you looking for an apartment in need of some TLC or are you interested in a one bedroom furnished apartment ready to move in? Do you want to go for a luxury extra large studio or do you prefer cheap one bedroom apartments? Regardless of your answer, we have you covered. Feel free to use our filters, sorting, saved searches and all the options created to help you manage your search and find your next apartment as soon as possible.
3-in-1 one bedroom apartment: cheap, practical, enjoyable
Since you’re here, chances are you are interested in single bedroom apartments for rent that won’t leave you broke. If you were to describe your definition of a great deal, we assume you’d summarize it as such: spend as little money as possible and get the most apartment out of it. We’re with you on this one! Affordable 1 bedroom apartments are not out of your reach: the lowest asking rent for such an apartment in Minneapolis, MN is $900. Yup, you’ve read that right. One bedroom apartments overtake studios in terms of square footage and they offer just enough space to fulfill your earnest need for privacy, for just a few extra dollars per month. If you prefer something smaller, one bedroom efficiency apartments are even cheaper and equally convenient. It is important that you find pleasure in your living space, so don’t focus just on the price, rather pick the apartment that measures up to your expectations and satisfies your aesthetic taste.