Apartments for Rent in Minneapolis, MN

Prices and availability in Minneapolis, MN were last updated on 14 May 2026.

The best apartments in Minneapolis, MN are: The Park Apartments, The Original at West Lake Quarter, ELEVATE Apartment Homes, Mezzo and Tyler Street Stacks.

The average rent in Minneapolis, MN is $1,680.

The price range for a studio apartment in Minneapolis, MN is between $502 and $4,900.

The price range for a 1-bedroom apartment in Minneapolis, MN is between $495 and $11,491.

The price range for a 2-bedroom apartment in Minneapolis, MN is between $640 and $12,920.

The price range for a 3-bedroom apartment in Minneapolis, MN is between $495 and $17,424.

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.