Apartments for Rent in Minneapolis, MN

Prices and availability in Minneapolis, MN were last updated on 28 Aug 2026.

The best apartments in Minneapolis, MN are: Churchill, The Park Apartments, ELEVATE Apartment Homes, The Original at West Lake Quarter and The Mezz at West Lake Quarter.

The average rent in Minneapolis, MN is $1,680.

The price range for a studio apartment in Minneapolis, MN is between $502 and $5,215.

The price range for a 1-bedroom apartment in Minneapolis, MN is between $512 and $5,874.

The price range for a 2-bedroom apartment in Minneapolis, MN is between $525 and $11,995.

The price range for a 3-bedroom apartment in Minneapolis, MN is between $525 and $14,518.

In Minneapolis, 52% of the residents are renting compared to 48% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 36% of Minneapolis's rentals, 54% are small-scale complexes with under 50 units, and 9% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Minneapolis are about 31 years old, on average. Of these, 56% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 9 stories. About 47% of the rental communities here are low-rise, garden-style communities, 45% are mid-rises, and 23% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Minneapolis are around 13% of rentals, while 1-bedroom floor plans represent 55% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 27% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.