Tap here to try the Rental Assistant! ×
Save This Search

Apartments for Rent in Downtown Minneapolis, Minneapolis, MN
383 Rentals Available

  • 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 $1,271+
    2 BEDS $1,596+
    Property reviews
    5/5 john on Nov 1, 2024

    A little messy, some of my neighbors are not very respectful, maintenance is keeping up with everything. nice and quiet most always, I am pleased with my 6-month experience so far. john b.

    5/5 Jerome W. on Oct 1, 2024

    Bolero Flats is home away from home. The staff has gone above and beyond to welcome and persevere the community as I know it.

  • Today

    511 S 4Th St, Minneapolis, MN 55415
    STUDIO $1,320+
    1 BED $1,855+
    2 BEDS $2,730+
  • Today

    1400 Park Avenue, Minneapolis, MN 55404
    STUDIO $1,455+
    1 BED $1,495+
    2 BEDS $2,005+
  • Today

    101 South 5Th Street, Minneapolis, MN 55402
    STUDIO $1,232+
    1 BED $1,411+
    2+ BEDS $1,795+
  • Today

    700 S 4Th Street, Minneapolis, MN 55415
    STUDIO $1,350+
    1 BED $1,761+
    2+ BEDS $2,590+
  • Today

    1117 S. Marquette Ave., Minneapolis, MN 55403
    1 BED $1,271+
    2 BEDS $1,596+
  • Renting has its rewards
    Be one of the first to start earning points for travel, experiences, gift cards, live events, and more!
    Coming soon, earn points for :
    Internet
    Utilities
    Insurance
  • Today

    400 Marquette Ave, Minneapolis, MN 55401
    STUDIO $1,475+
    1 BED $1,655+
    2+ BEDS $2,345+
  • Today

    1125 S 2Nd Street, Minneapolis, MN 55415
    1 BED $1,600
    2 BEDS $2,750
  • Today

    615 S 8Th Street, Minneapolis, MN 55404
    STUDIO $1,100+
    1 BED $1,405+
    2+ BEDS $2,234+
  • Today

    1010 South 7Th Street, Minneapolis, MN 55415
    1 BED $1,372+
    2 BEDS $2,335+
  • Today

    465 Nicollet Mall, Minneapolis, MN 55401
    STUDIO $1,335+
    1 BED $1,745+
    2+ BEDS $2,465+
  • Today

    90 South Ninth St, Minneapolis, MN 55402
    STUDIO $1,150+
    1 BED $1,350+
    2 BEDS $1,950
  • Need help with your search? Tell us what you want and we'll search for you
  • Today

    515 E Grant St, Minneapolis, MN 55404
    STUDIO $934
    1 BED $999+
    2 BEDS $1,398+
  • Today

    365 Nicollet Mall, Minneapolis, MN 55401
    STUDIO $1,589+
    1 BED $1,766+
    2+ BEDS $2,536+
  • Today

    600 5Th Avenue South, Minneapolis, MN 55415
    STUDIO $1,307+
    1 BED $1,585+
    2 BEDS Ask for Pricing
  • Today

    95 S 10Th Street, Minneapolis, MN 55403
    STUDIO $998+
    1 BED $2,015+
    2 BEDS $2,409+
  • Today

    322 South 2Nd Street, Minneapolis, MN 55401
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    1400 Portland Ave S, Minneapolis, MN 55404
    Income Restricted
    STUDIO $715
    1 BED $950+
    2 BEDS Ask for Pricing
  • Interactive banner rent
    What is your max rent budget?
  • Today

    500 S 10Th St, Minneapolis, MN 55404
    Income Restricted
    1 BED $580+
  • Today

    910 Portland Ave S, Minneapolis, MN 55404
    Income Restricted
    STUDIO $800+
    1 BED $1,056
  • Today

    1401 Portland Ave S, Minneapolis, MN 55404
    Income Restricted
    STUDIO $679+
    1 BED $1,034+
  • Today

    730 Hennepin Ave, Minneapolis, MN 55403
    STUDIO $960
    1 BED $1,073
    2 BEDS $1,280
  • Today

    618 S 9Th Avenue, Minneapolis, MN 55415-4601
    Income Restricted
    STUDIO $872
    1 BED Ask for Pricing
    2+ BEDS $1,340
  • Today

    1515 Chicago Avenue S., Minneapolis, MN 55404
    Income Restricted
    STUDIO $699
  • Interactive banner bedroom
    How many bedrooms are you
    looking for?
  • Today

    1423 11Th Avenue South, Minneapolis, MN 55404
    Income Restricted
    1 BED $1,300+
    2 BEDS $1,500
33-0-nhood

Popular searches Average rent Renters guide Demographics

Average rent in Downtown Minneapolis, Minneapolis, MN

$1,670/mo Downtown Minneapolis, Minneapolis, MN average rental price, November 2024
Image Average Rent

The average monthly rent for an apartment in Downtown Minneapolis, Minneapolis, MN is around $1,670.

Downtown Minneapolis, Minneapolis, MN apartment rent ranges

A share of 11% of apartments in Downtown Minneapolis, Minneapolis, MN have the cheapest rents between $701-$1,000. Around 23% of rentals are in the most expensive price range of > $2,000. Around 35% of Downtown Minneapolis’s apartments have monthly rents between $1,001-$1,500. There are 30% of apartments with rents between $1,501-$2,000.

Downtown Minneapolis, Minneapolis, MN rent trends

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 21 Jan 2025.

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

The best apartments in Downtown Minneapolis, Minneapolis, MN are: ELEVATE Apartment Homes, Edition Apartments, Gatsby Apartments, Soo Line Building City Apartments and 4th and Park.

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 $432 and $3,114.

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 $432 and $3,846.

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 $715 and $9,207.

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 $872 and $11,458.

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

  • 18,360Total Population
  • 7,940 Female
    10,420 Male
  • 32.3Median Age

In total, Downtown Minneapolis, Minneapolis, MN has 18,360 residents, 7,940 women and 10,420 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Minneapolis’s population is 32.3.

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

  • 2,451 Family
    7,205 Non-family
  • 892 Children
    8,765 No Children
  • 9,657Total Number of Households
  • 1.61Average People Per Household
  • $73,508Median Household Income

There is a total of 9,657 households in Downtown Minneapolis, Minneapolis, MN. Of these, 892 have children and 8,765 are without children. Per Census Bureau’s most current estimates, 2,451 family households and 7,205 non-family households live in this area. The size of a household in Downtown Minneapolis is 1.61 people, on average. The median household annual income in Downtown Minneapolis equals $73,508, and the monthly housing costs equal $1,764.

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, 18% went to high-school, and 17% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 34% hold a Bachelor Degree, and 23% 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 $432 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!