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Apartments for Rent in Minneapolis, MN under $1200
499 Rentals Available

  • 2201 Blaisdell Avenue, Minneapolis, MN 55404
    See current rent specials
    $980 - $1,545
    • Studio-1 Bed
    • 1 Bath
    Bigos Management
    Contact for availability Today
    (844) 776-2924
  • 1701 69Th Avenue N, Brooklyn Center, MN 55430
    $899 - $1,200
    • 1-2 Beds
    • 1-1.5 Baths
    Steven Scott Management, Inc.
    Contact for availability Today
    (763) 566-8840
  • 800 North Third Street, Minneapolis, MN 55401
    $1,188 - $1,716
    • Studio-1 Bed
    • 1 Bath
    Steven Scott Management, Inc.
    Contact for availability Today
    (612) 371-0800
  • (2)
    3140 Chowen Ave S, Minneapolis, MN 55416
    See current rent specials
    $1,100 - $1,940
    • Studio
    • 1 Bath
    Bigos Management
    Contact for availability Today
    (612) 925-2848
  • 3500 Dupont Avenue S, Minneapolis, MN 55408
    $900 - $1,095
    • 1 Bed
    • 1 Bath
    Steven Scott Management, Inc.
    Contact for availability Today
    (952) 285-8888
  • (3)
    1367 Willow St., Minneapolis, MN 55403
    See current rent specials
    $1,130 - $1,375
    • Studio
    • 1 Bath
    Sentinel Real Estate Corporation
    5 Units available Today
    (612) 333-2425
  • (5)
    3601 47Th Avenue North, Brooklyn Center, MN 55422
    $949 - $1,099
    • 1-2 Beds
    • 1 Bath
    Awesome Apartments
    Contact for availability Today
    (763) 285-6639
  • (2)
    301 SE St Anthony Ave., Minneapolis, MN 55414
    $1,025 - $1,195
    • Studio-2 Beds
    • 1 Bath
    Arcadia Management, LLC
    7 Units available Today
    (651) 341-7900
  • (9)
    2808 Silver Lane NE, St Anthony, MN 55421
    $1,065 - $1,215
    • 1 Bed
    • 1 Bath
    Laramar Communities
    Contact for availability Today
    (612) 564-4744
  • 3430 List Place, Minneapolis, MN 55416
    $1,125
    • Studio-1 Bed
    • 1 Bath
    Steven Scott Management, Inc.
    Contact for availability Today
    (833) 369-6307
  • 2101 Bryant Avenue S, Minneapolis, MN 55405
    $995 - $1,135
    • 1-2 Beds
    • 1 Bath
    Steven Scott Management, Inc.
    Contact for availability Today
    (952) 285-8888
  • 326 6Th Avenue SE, Minneapolis, MN 55414
    $950 - $1,030
    • 1 Bed
    • 1 Bath
    Steven Scott Management, Inc.
    Contact for availability Today
    (952) 285-8888
  • 2905 Harriet Avenue, Minneapolis, MN 55408
    $1,160 - $1,719
    • Studio-1 Bed
    • 1 Bath
    Sage Apartment Communities
    Contact for availability Today
    (844) 882-3799
  • 1401 6Th Street SE, Minneapolis, MN 55414
    $550 - $750
    • 2-4 Beds
    • 1-2 Baths
    Steven Scott Management, Inc.
    Contact for availability Today
    (612) 331-3375
  • 3440 Emerson Avenue South, Minneapolis, MN 55408
    $850
    • 1 Bed
    • 1 Bath
    Girard Management, Inc.
    5 Units available Today
    (612) 377-2792
  • 1325 W 27Th St, Minneapolis, MN 55405
    $875 - $900
    • Studio-1 Bed
    • 1 Bath
    Hornig Companies
    3 Units available Today
    (612) 206-1368
  • 3252 Girard Ave S, Minneapolis, MN 55408
    See current rent specials
    $970 - $1,065
    • 1 Bed
    • 1 Bath
    Hornig Companies
    3 Units available Today
    (612) 483-9012
  • 242 West Franklin Ave, Minneapolis, MN 55404
    $849
    • Studio-2 Beds
    • 1 Bath
    Hornig Companies
    1 Unit available Today
    (763) 772-7545
  • 3503 2Nd Ave. South, Minneapolis, MN 55408
    $989 - $1,546
    • Studio-1 Bed
    • 1 Bath
    CIP
    Contact for availability Today
    (833) 480-7579
  • (6)
    215 Oak Grove Street, Minneapolis, MN 55403
    $900 - $2,057
    • 1-2 Beds
    • 1 Bath
    Laramar Communities
    Contact for availability Today
    (612) 564-4658
  • 3600 France Avenue N, Robbinsdale, MN 55422
    $1,170 - $1,300
    • Studio
    • 1 Bath
    StuartCo
    15 Units available Today
    (763) 231-1773
  • 515 E Grant St, Minneapolis, MN 55404
    See current rent specials
    $945 - $1,245
    • Studio-1 Bed
    • 1 Bath
    Pinnacle
    8 Units available Today
    (833) 453-0767
  • 223 Ridgewood Avenue, Minneapolis, MN 55403
    See current rent specials
    $1,005 - $1,640
    • 1 Bed
    • 1 Bath
    Bigos Management
    Contact for availability Today
    (612) 870-4306
  • 511 S 4Th St, Minneapolis, MN 55415
    See current rent specials
    $1,180
    • Studio
    • 1 Bath
    LPC RentCafe CRM
    1 Unit available Today
    (612) 261-2293
  • Top Rated for Location

    (4)
    3021 Holmes Avenue South, Minneapolis, MN 55408
    $1,109 - $2,045
    • Studio
    • 1 Bath
    Laramar Communities
    Contact for availability Today
    (612) 564-4627
  • Top Rated for Location

    (1)
    2825 Fremont Avenue S, Minneapolis, MN 55408
    $995 - $1,025
    • Studio-1 Bed
    Contact for availability Today
  • 410 6Th Street SE, Minneapolis, MN 55414
    $975 - $1,095
    • Studio-1 Bed
    Contact for availability Today
  • Resident Rated
    116 Oak Grove Street, Minneapolis, MN 55403
    $799 - $1,150
    • Studio-1 Bed
    Contact for availability Today
  • Top Rated for Location
    1212 West Lake Street, Minneapolis, MN 55408
    $1,160 - $2,391
    • Studio
    10 Units available Today
  • 2600 Bryant Ave S, Minneapolis, MN 55408
    See current rent specials
    $790 - $940
    • Studio-2 Beds
    5 Units available Today
  • 125 Oak Grove Street, Minneapolis, MN 55403
    $805 - $1,299
    • Studio-1 Bed
    Contact for availability Today
  • 2101 East River Terrace, Minneapolis, MN 55414
    $875 - $1,125
    • Studio-1 Bed
    6 Units available Today
  • Resident Rated

    (4)
    330 Oak Grove Street, Minneapolis, MN 55403
    $771 - $1,611
    • Studio-1 Bed
    Contact for availability Today
  • Top Rated for Location

    (6)
    225 W 15Th St., Minneapolis, MN 55403
    $899 - $969
    • Studio
    Contact for availability Today
  • 2000 Lyndale Ave S, Minneapolis, MN 55405
    $1,129 - $1,459
    • Studio
    7 Units available Today
  • 1005 15Th St SE, Minneapolis, MN 55414
    $1,049 - $1,149
    • 1-2 Beds
    Contact for availability Today
  • 5209 Xerxes Avenue N, Brooklyn Center, MN 55430
    $949
    • 1 Bed
    Contact for availability Today
  • 600 10Th Avenue, Minneapolis, MN 55414
    $1,095
    • Studio-1 Bed
    Contact for availability Today
  • 2601 And 2605 Fremont Ave S, Minneapolis, MN 55408
    $1,049
    • 1 Bed
    1 Unit available Today
  • Top Rated for Value

    (1)
    631 E. 77Th St., Richfield, MN 55423
    $979
    • 1-2 Beds
    Contact for availability Today
  • Top Rated for Location
    6237 Pleasant Ave., Richfield, MN 55423
    $960
    • 1 Bed
    Contact for availability Today
  • Top Rated for Location
    756 North 4Th Street, Minneapolis, MN 55401
    $1,063
    • Studio-2 Beds
    Contact for availability Today
  • Resident Rated

    4259 W Broadway Ave, Robbinsdale, MN 55422
    Contact for availability Today
  • 214 W 15Th St., Minneapolis, MN 55403
    $1,049 - $1,199
    • 1 Bed
    Contact for availability Today
  • 4199 46Th Avenue North, Robbinsdale, MN 55422
    $1,140 - $1,920
    • Studio-1 Bed
    Contact for availability Today
  • 3820 Macalaster Drive NE, St Anthony, MN 55421
    $810 - $875
    • Studio-2 Beds
    Contact for availability Today
  • 2800 Girard Avenue S, Minneapolis, MN 55408
    $1,095 - $1,150
    • 1 Bed
    Contact for availability Today
  • Top Rated for Location

    (1)
    1465 West 33Rd Street, Minneapolis, MN 55408
    $1,033
    • Studio-1 Bed
    Contact for availability Today
  • Top Rated for Location
    3817 Macalaster Drive NE, St. Anthony, MN 55421
    $1,060 - $1,120
    • 1 Bed
    Contact for availability Today
  • 1500 Lasalle Ave, Minneapolis, MN 55403
    See current rent specials
    $745 - $1,300
    • Studio-2 Beds
    37 Units available Today

Minneapolis’s average rent reached $1,559 in April

Minneapolis’s average rent reached $1,559 in April, after a 2.7% decrease since last year. A major midwestern job hub with a 50% renter share, Minneapolis is a desirable place to live and work in, with apartment prices above the national average of $1,417. [View Full Report]

Minneapolis apartment rent report

Minneapolis’s average rent was $1,559 in April

Minneapolis’s average rent reached $1,559 in April, after a 2.7% decrease since last year. A major midwestern job hub with a 50% renter share, Minneapolis is a desirable place to live and work in, with apartment prices above the national average of $1,417.

The average rent for an apartment in Minneapolis decreased compared to other surrounding cities, such as Bloomington ($1,359), where prices went up by 1%. Meanwhile, apartment rates in St. Paul increased by 0.5%, reaching a $1,317 average.

Minneapolis apartment rent report

What it costs to rent in the largest renter hubs in the Minneapolis area

Hopkins, the city with the largest renter share (64%) in the Minneapolis area, has a $1,289 average rent, after a 1.2% decrease. Minneapolis comes in second, followed by St. Paul, where 47% of residents are tenants.

Anoka has the fourth largest renter share (40%), with apartments going for $1,182 after a 4.4% annual increase. Last but not least, St. Louis Park's 39% share of renters places it fifth among the area’s renter hubs. The city’s average rent reached $1,506 in April, going down by 0.1% in the past year. 

The priciest and cheapest cities for renters in the Minneapolis area

Maple Grove is the priciest city for renters in the Minneapolis area, with apartments renting for $1,715 per month. Edina’s $1,670 rate is the second most expensive, while apartments in Woodbury ($1,662) come in third.

For renters in search of budget-friendly apartments, New Brighton's $1,117 average rent is the cheapest in the Minneapolis area, followed by Richfield's $1,124 rate. West St. Paul rentals are the third least pricey on the list, with a $1,130 average rent as of April.

Minneapolis and St. Paul apartment rents in popular ZIP codes for renters

Among Minneapolis's most popular renter ZIP codes, 55414 has a $1,891 average rent, above the city average ($1,559). At the same time, rentals in ZIP 55403 go for $1,320, while prices in ZIP 55401 circle around $1,806. Apartment rents in ZIP 55408 clock in at around $1,542, similar to the Minneapolis average, while rates in ZIP 55454 average at $1,315.

When it comes to St. Paul, apartments in ZIP 55116 go for $1,284 on average, while rentals in ZIP 55101 are priced at around $1,566, higher than the city average ($1,317). Meanwhile, ZIP 55119 has an $1,116 average rent and apartment rates in ZIP 55102 circle around $1,513. Rentals in another popular area, ZIP 55106, go for $1,012.

Check out how average rents evolved across the Minneapolis area

Minneapolis apartment rent report

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States. 

The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

Minneapolis, MN Demographics

  • Total Population420,324
  • Female 212,823
    Male 207,501
  • Median Age32.3

Average Rent in Minneapolis, MN

  • Minneapolis, MN Average Rental Price, June 2021 $1,587 /mo

    Minneapolis, MN Apartment Rent Ranges

    Minneapolis, MN Rent Trends

    Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jun / 2021
    Minneapolis, MN $1,512 $1,557 $1,544 $1,554 $1,591 $1,590 $1,596 $1,602 $1,553 $1,559 $1,587
    National $1,348 $1,357 $1,362 $1,394 $1,401 $1,403 $1,394 $1,397 $1,404 $1,482
    /

    Minneapolis, MN Households

    • Total Number of Households176,974
    • Family 78,820
      Non-family 98,154
    • Children 40,265
      No Children 136,709
    • Average People Per Household2.28
    • Median Household Income$62,583
    • Median Housing Costs Per Month$1,194

    Minneapolis, MN Education Statistics