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Prices and availability in Minneapolis, MN were last updated on 21 Sep 2026.
The best apartments in Minneapolis, MN are: The Park Apartments, The Mezz at West Lake Quarter, Tyler Street Stacks, The Gateway at West Lake Quarter and The Original 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 $7,730.
The price range for a 1-bedroom apartment in Minneapolis, MN is between $512 and $6,031.
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 $15,169.
In Minneapolis 52% of the housing is rented out compared to 48% of homes are owned, according to the most recent Census Bureau estimates. 36% of Minneapolis's apartments are found in large buildings of 50 units or more, 54% are located in smaller apartment complexes with less than 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.
