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1 Bedroom Apartments for Rent in Minneapolis, MN - 527 Rentals available

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Minneapolis, MN Demographics

  • Total Population411,452
  • Female 208,322
    Male 203,130
  • Median Age32.1

Average Rent in Minneapolis, MN

  • Minneapolis, MN Average Rental Price, May 2019$1,457/mo

Minneapolis, MN Apartment Rent Ranges

  • $501-$7002%
  • $701-$1,00024%
  • $1,001-$1,50037%
  • $1,501-$2,00023%
  • > $2,00014%

Minneapolis, MN Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 May / 2019
Minneapolis, MN $1,290 $1,315 $1,334 $1,355 $1,383 $1,390 $1,420 $1,425 $1,457
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396

Average rent is projected to grow by 4% in 2018 compared to 2017.

Please note that projected rent growth is calculated at city level.

Average rent values on this page are aggregated from data from the following zip codes: 551115540155402554035540455405554065540755408554095541055411554125541355414554155541655417554185541955422554235542955430554505545455455

Check out the average rent prices in Minneapolis by neighborhood.

Minneapolis, MN Households

  • Total Number of Households172,082
  • Family 76,555
    Non-family 95,527
  • Children 39,906
    No Children 132,176
  • Average People Per Household2.29
  • Median Household Income$55,720
  • Median Housing Costs Per Month$1,103

Minneapolis, MN Education Statistics

  • No High School5%
  • Some High School23%
  • Some College21%
  • Associate Degree7%
  • Bachelor Degree28%
  • Graduate Degree16%

Renting a 1 bedroom apartment in Minneapolis, MN

A one bedroom apartment is a versatile home that works perfectly not only for single people, but also for couples or roommates. There is also a wide selection of one bedroom apartments in Minneapolis, MN to choose from, so you can snatch your perfect apartment home. An average single bedroom apartment in Minneapolis, MN is about 920 Sqft, so it’s definitely larger than your average studio, and even though it might cost more, it also brings some extra benefits to the table. You’ll get to enjoy the privacy of a separate bedroom, and if guests come over and your bedroom is a mess, you can just close the door. The average monthly rent is about $2,301, but you can find more affordable 1 bedroom apartments for as little as $840. It’s useful to know that if you’re looking for a cheap apartment, one bedroom efficiency apartments can be a great choice. Even though they are a bit smaller that a regular 1-bedroom unit, they are definitely more affordable, and you still get to enjoy the benefit of having a separate kitchen.

Quick guide to finding cheap furnished one bedroom apartments

If you’re looking for a one bedroom furnished apartment, the smartest way to search is by selecting "Furnished" under the "More" menu tab. Your results will only display properties that offer furnished rentals. In total, there are 524 rental units located in 216 Minneapolis, MN properties, and a good percentage of them are furnished. You should know that the monthly rent for these already furnished units is usually bigger, but you’re saving on, well, furniture and decorating costs. These apartments can rent for up to $12,519. In case you’re feeling overwhelmed by the wide selection, we’ll give you a tip. Sort your selection by "Rent", ascending, to see the cheapest rentals listed first. Don’t let that perfect apartment slip! Contact the property to check its availability and you can secure your lease directly on RENTCafé.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!