Apartments for Rent in Minneapolis, MN under $700 – 15 Rentals available
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3503 2Nd Ave. South, Minneapolis, MN 55408$1 - $2,073
- Studio-3 Beds
- 1 Baths
Available Today! -
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2300 Aldrich Ave S, Minneapolis, MN 55405$700 - $1,095
- Studio-2 Beds
- 1 Bath
Available Today! -
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1928 Portland Avenue South, Minneapolis, MN 55404$655 - $1,751
- Studio-3 Beds
- 1-2 Baths
Available Today! -
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Minneapolis, MN Demographics
- Total Population411,452
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Female 208,322Male 203,130
- Median Age32.1
Average Rent in Minneapolis, MN
- Minneapolis, MN Average Rental Price, May 2019$1,457/mo
Minneapolis, MN Apartment Rent Ranges
- $501-$7002%
- $701-$1,00024%
- $1,001-$1,50037%
- $1,501-$2,00023%
- > $2,00014%
Minneapolis, MN Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | May / 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Minneapolis, MN | $1,290 | $1,315 | $1,334 | $1,355 | $1,383 | $1,390 | $1,420 | $1,425 | $1,457 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 |
Average rent is projected to grow by 4% in 2018 compared to 2017.
Please note that projected rent growth is calculated at city level.
Average rent values on this page are aggregated from data from the following zip codes: 551115540155402554035540455405554065540755408554095541055411554125541355414554155541655417554185541955422554235542955430554505545455455
Check out the average rent prices in Minneapolis by neighborhood.
Minneapolis, MN Households
- Total Number of Households172,082
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Family 76,555Non-family 95,527
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Children 39,906No Children 132,176
- Average People Per Household2.29
- Median Household Income$55,720
- Median Housing Costs Per Month$1,103
Minneapolis, MN Education Statistics
- No High School5%
- Some High School23%
- Some College21%
- Associate Degree7%
- Bachelor Degree28%
- Graduate Degree16%
Renting apartments in Minneapolis, MN under $700
Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RENTCafé offers you 14 apartments for rent in Minneapolis, MN from 10 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $700, and make the most out of your budget.
Finding the best rental near you
Minneapolis, MN is an amazing place to call home, with several rentals under $700 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $400 in Minneapolis, MN, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RENTCafé.