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Apartments for Rent in Downtown Minneapolis, Minneapolis, MN

468 Rentals Available
  • 265
    Top Rated for Location
    Rent Specials
    Fully Equipped Kitchens at ELEVATE Apartment Homes, Minneapolis, 55403 Spacious Bedrooms at ELEVATE Apartment Homes, Minnesota, 55403
    4.0
    Today

    1117 S. Marquette Ave., Minneapolis, MN 55403
    Available
    1 BED $1,474
    2 BEDS $1,739+
    Property reviews
    5/5 Abdul M. on Sep 6, 2025

    The team is highly approachable, responsive, and professional, consistently providing helpful and courteous support fo

    5/5 Anonymous on Feb 1, 2025

    other than waiting a couple of weeks the last couple times for repairs ni love it here

  • Rent Specials
    A kitchen with white cabinets at 365 Nicollet, Minneapolis, MN, Manchester Spacious Bedrooms with a large bed and a view of the city at 365 Nicollet, Manchester
    Today

    365 Nicollet Mall, Minneapolis, MN 55401
    Available
    STUDIO $1,590+
    1 BED $1,685+
    2 BEDS $2,725+
    Amenities
    • Pets Allowed
  • Today

    1423 11Th Avenue South, Minneapolis, MN 55404
    Income Restricted
    1 BED $1,100+
    2 BEDS $1,500+
  • Today

    1515 Chicago Avenue S., Minneapolis, MN 55404
    Income Restricted
    STUDIO $699
  • Today

    500 S 10Th St, Minneapolis, MN 55404
    Income Restricted
    1 BED $577+
  • Today

    1005 Portland Avenue, Minneapolis, MN 55404
    Income Restricted
    STUDIO $718+
    1 BED $1,078+
  • Today

    1117 S. Marquette Ave., Minneapolis, MN 55403
    1 BED $1,474
    2 BEDS $1,739+
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  • Today

    1401 Portland Ave S, Minneapolis, MN 55404
    Income Restricted
    STUDIO $612+
    1 BED $1,034+
  • Today

    910 Portland Ave S, Minneapolis, MN 55404
    Income Restricted
    STUDIO $800+
    1 BED $893+
  • Today

    1400 Portland Ave S, Minneapolis, MN 55404
    Income Restricted
    STUDIO $592
    1 BED $979
    2 BEDS $1,250
  • 7 days ago

    1400 Park Avenue, Minneapolis, MN 55404
    STUDIO $1,375+
    1 BED $1,665+
    2 BEDS $1,975+
  • Today

    365 Nicollet Mall, Minneapolis, MN 55401
    STUDIO $1,590+
    1 BED $1,685+
    2 BEDS $2,725+
  • Today

    515 E Grant St, Minneapolis, MN 55404
    STUDIO $1,111
    1 BED $1,195
    2 BEDS $1,850
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  • a living room with a fireplace and chairs and a table
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    322 South 2Nd Street, Minneapolis, MN 55401
    1 BED $1,209
    2 BEDS Ask for Pricing
  • Today

    615 S 8Th Street, Minneapolis, MN 55404
    STUDIO $1,149+
    1 BED $1,299+
    2 BEDS $2,199+
  • Today

    618 S 9Th Avenue, Minneapolis, MN 55415-4601
    Income Restricted
    STUDIO $800
    1 BED $1,082
    2 BEDS $1,340
  • Today

    90 South Ninth St, Minneapolis, MN 55402
    STUDIO $1,275
    1 BED $1,450
    2 BEDS $1,950
  • Today

    1125 S 2Nd Street, Minneapolis, MN 55415
    1 BED $1,650+
    2 BEDS $2,860
  • 7 days ago

    511 S 4Th St, Minneapolis, MN 55415
    STUDIO $1,415+
    1 BED $1,755+
    2 BEDS $2,665+
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  • Today

    1010 South 7Th Street, Minneapolis, MN 55415
    STUDIO $1,235+
    1 BED $1,390
    2 BEDS $2,295+
  • 7 days ago

    465 Nicollet Mall, Minneapolis, MN 55401
    STUDIO $1,540+
    1 BED $1,850+
    2 BEDS $2,665+
  • 7 days ago

    700 S 4Th Street, Minneapolis, MN 55415
    STUDIO $1,445
    1 BED $1,841
    2 BEDS $2,695
  • 7 days ago

    400 Marquette Ave, Minneapolis, MN 55401
    STUDIO $1,575+
    1 BED $1,715+
    2 BEDS $2,470+
  • Today

    600 5Th Avenue South, Minneapolis, MN 55415
    STUDIO $1,260+
    1 BED $1,449+
  • A kitchen with a black refrigerator and orange chairs.
    19
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    730 Hennepin Ave, Minneapolis, MN 55403
    STUDIO Ask for Pricing
    1 BED $1,194
    2 BEDS $1,423
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Downtown Minneapolis, Minneapolis, MN rent trends

Rental prices in Downtown Minneapolis, Minneapolis, MN have increased by 3.84% over the past year. The average rent moved from $1,897 to $1,969.

Average rent in Downtown Minneapolis, Minneapolis, MN

$1,969/mo Downtown Minneapolis, Minneapolis, MN average rental price, October 2025
Image Average Rent

The average monthly rent for an apartment in Downtown Minneapolis, Minneapolis, MN is around $1,969.

    What's the typical rent budget in Downtown Minneapolis, Minneapolis, MN?

    A share of 2% of apartments in Downtown Minneapolis, Minneapolis, MN have the cheapest rents between ≤ $1000. Around 17% of rentals are $2,001-$2,500. Around 26% of Downtown Minneapolis's apartments have monthly rents between $1,001-$1,500. There are 37% of apartments with rents between $1,501-$2,000. A share of 9% of apartment rentals in Minneapolis are in the $2,501-$3,000 range. Meanwhile, 9% of apartment rentals in Minneapolis are in the > $3,000 range.

    The largest share of rentals in Downtown Minneapolis, Minneapolis, MN (37%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Downtown Minneapolis, MN

    95 /100
    Walker's Paradise
    84 /100
    Excellent Transit
    89 /100
    Very Bikeable
    Walk Score®: 95, Transit Score®: 84, Bike Score®: 89

    Frequently asked questions

    When were prices and availability in Downtown Minneapolis, Minneapolis, MN last updated?

    Prices and availability in Downtown Minneapolis, Minneapolis, MN were last updated on 20 Nov 2025.

    What are the best apartments in Downtown Minneapolis, Minneapolis, MN?

    The best apartments in Downtown Minneapolis, Minneapolis, MN are: ELEVATE Apartment Homes, 365 Nicollet, East Village, Buri Manor and The Adams.

    What is the average rent in Downtown Minneapolis, Minneapolis, MN?

    The average rent in Downtown Minneapolis, Minneapolis, MN is $1,670.

    What is the price range for a studio apartment in Downtown Minneapolis, Minneapolis, MN?

    The price range for a studio apartment in Downtown Minneapolis, Minneapolis, MN is between $592 and $2,940.

    What is the price range for a 1-bedroom apartment in Downtown Minneapolis, Minneapolis, MN?

    The price range for a 1-bedroom apartment in Downtown Minneapolis, Minneapolis, MN is between $577 and $3,760.

    What is the price range for a 2-bedroom apartment in Downtown Minneapolis, Minneapolis, MN?

    The price range for a 2-bedroom apartment in Downtown Minneapolis, Minneapolis, MN is between $945 and $7,775.

    What is the price range for a 3-bedroom apartment in Downtown Minneapolis, Minneapolis, MN?

    The price range for a 3-bedroom apartment in Downtown Minneapolis, Minneapolis, MN is between $800 and $12,029.

    What type of rental buildings are in Downtown Minneapolis, Minneapolis, MN?

    In Downtown Minneapolis 74% of the housing is rented out compared to 26% of homes are owned, according to the most recent Census Bureau estimates. 62% of Downtown Minneapolis’s apartments are found in large buildings of 50 units or more, 35% are located in smaller apartment complexes with less than 50 units, and 2% are single-family rentals.

    Living in Downtown Minneapolis, Minneapolis, MN

    Downtown Minneapolis is part of the central Minneapolis community. At the heart of this district is Downtown West, which has most of the high-rise offices in the neighborhood. Here, renters have access to businesses and the corporate headquarters of companies like Target and US Bank, making it ideal for job-seekers. There are also high-density rental areas surrounding the old flour mills, which is called the Mills District. Plus, renters have a good view of the Mississippi River bend from the downtown area, and the downtown Minneapolis area is one of the safest areas in Minneapolis. Meanwhile, the Minneapolis Public School District provides preschool through high schools in the downtown area, and the Minneapolis Community & Technical College is also located in the downtown area, attracting student renters.

    Renting in Downtown Minneapolis, Minneapolis, MN

    Downtown Minneapolis offers its renters a dense, urban feel, and there are more renters than homeowners. Most of the renters in the neighborhood are young professionals, students, and families, and there are a lot of bars, coffee shops, restaurants and parks in the rental areas. A majority of the apartments for rent in the downtown area are high-rise apartment buildings, but you can also rent high-end lofts, newly constructed apartment buildings and studio apartments in downtown Minneapolis. There are also some commercial buildings placed on the National Register of Historic Places. Other architectural styles include Richardsonian Romanesque, American styles and colonial. Notably, the rent control limit for rental areas in downtown Minneapolis is 3% in a 12-month period. Additionally, the rent increase notice is one rental period and one day, while the eviction notice for renters is up to 14 days.

    Things for renting

    Downtown Minneapolis, Minneapolis, MN demographics

    • 18,776Total Population
    • 8,000 Female
      10,775 Male
    • 33Median Age

    In total, Downtown Minneapolis, Minneapolis, MN has 18,776 residents, 8,000 women and 10,775 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Minneapolis’s population is 33.

    Amenities in Downtown Minneapolis, Minneapolis, MN

    Downtown Minneapolis offers access to industrial areas, shops, and commercial buildings, making it a bustling area with renters and tourists. There are also large shopping malls for renters in the downtown area, including Nicolet Mall, which has a variety of shops. Similarly, City Center and Gaviidae Common are popular spots for shopping among renters. Or, for grocery shopping, renters in the downtown area visit Lunds & Byerlys; Whole Foods Market; and Trader Joe's. Renters can also shop at department stores, like Target, Dayton L Robert and The Salsa Collaborative. There are also historical museums, like the Minneapolis Institute of Art, Mill City Museum and Walker Art Center. Otherwise, renters with families enjoy visiting the Minneapolis Sculpture Garden and Guthrie Theater for entertainment, while baseball fans visit Target Field.

    Downtown Minneapolis, Minneapolis, MN households

    • 2,562 Family
      7,682 Non-family
    • 848 Children
      9,396 No Children
    • 10,244Total Number of Households
    • 0.99Average People Per Household
    • $69,808Median Household Income

    There is a total of 10,244 households in Downtown Minneapolis, Minneapolis, MN. Of these, 848 have children and 9,396 are without children. Per Census Bureau’s most current estimates, 2,562 family households and 7,682 non-family households live in this area. The size of a household in Downtown Minneapolis is 0.99 people, on average. The median household annual income in Downtown Minneapolis equals $69,808, and the monthly housing costs equal $1,813.

    Transportation in Downtown Minneapolis, Minneapolis, MN

    Many renters in downtown Minneapolis don't need a car to commute because it's a walkable and bikeable neighborhood. However, for commuting to other neighborhoods, the Metro Blue Line provides lightrail services that go from downtown to the airport, as well as Saint Paul, the Mall of America and other stations. Renters visiting Nicolet Mall can also do so with the free ride buses. There are also train lines, and renters in the downtown area use the Blue or Green Line. Plus, the downtown Minneapolis district has affordable bus fares as low as $.50. Finally, the Minneapolis-St. Paul Airport is the closest to the downtown area, about 11 miles away.

    Downtown Minneapolis, Minneapolis, MN education statistics

    According to data from the U.S. Census Bureau, 3% of the population in Downtown Minneapolis, Minneapolis, MN have no high school education, 17% went to high-school, and 16% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 35% hold a Bachelor Degree, and 24% hold a Graduate Degree.

    RentCafe is your one-stop shop for finding a great new apartment in Downtown Minneapolis, Minneapolis, MN. Easily search through a wide selection of apartments for rent in Downtown Minneapolis, Minneapolis, MN, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Downtown Minneapolis, Minneapolis, MN apartments with rents starting from $577 and submit your rental application today!

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